Genesis North America (GNA), as a major subcontractor of Offshore Oil Engineering Co., (COOEC), has engaged ABS to support RUYA Project, a production capacity improvement plan for the Al Shaheen field in Qatar operated by North Oil Company (NOC)…
Australia’s Woodside Energy has signed an agreement with Dutch-based OCI Global to acquire its clean ammonia project for $2.35 billion, which is still under construction on the U.S. Gulf Coast in Texas.Woodside has entered into a binding agreement to acquire 100% of OCI Clean Ammonia Holding…
New Zealand's green credentials are at risk as the government rolls back environmental reforms in a bid to boost a flailing economy and fulfil promises made to its voters.Since taking power last year, Prime Minister Christopher Luxon's center…
Esgian provides an update on what has been a busy week in the offshore drilling market in its Week 31 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling has confirmed new contracts for several of its 400-ft jackups, including work for the Arabia I in Brazil…
Norwegian shipbuilder Vard has signed a contract with Wind Energy Construction for the design and construction of a new energy construction vessel (ECV), securing also an option for one additional vessel.Wind Energy Construction is a Norwegian…
Brazilian prosecutors, who have recommended that environmental agency Ibama block drilling by state-run oil company Petrobras near the mouth of the Amazon river, have demanded that Ibama respond within three days, a document seen by Reuters shows…
Brazilian state-run oil company Petrobras said on Monday its crude oil production during the second quarter rose 2.6% from the year-ago period after it ramped up five oil platforms and started production in 12 wells.Petrobras pumped 2.16 million barrels per day (bpd) from April to June…
The U.S. Bureau of Ocean Energy Management (BOEM) on Monday announced the availability of its final Environmental Impact Statement (EIS) for a proposed wind project offshore Maryland.US Wind is seeking approval for its proposed Maryland offshore wind project…
Green Marine (UK)’s initiative looking to retrofit crew transfer vessels (CTV) with hydrogen, fuel cells and battery, with the aim to cut emissions while servicing offshore wind farms, has been granted Approval in Principle (AiP) by global classification society RINA…
Esgian provides an update on new rig deals in its Week 30 Rig Analytics Market Roundup.Report SummaryContractsValaris has been awarded a multi-year contract with Equinor Energy do Brasil, a subsidiary of Equinor, for the 12,000-ft drillship Valaris DS-17…
Baker Hughes cut its outlook for spending by oil producers on Friday, citing lower drilling activity by North American companies, joining other oilfield service companies in warning about softness in the region.However, the company raised its full-year revenue and profit estimates…
Brazil's state-run oil firm Petrobras has made a non-binding offer to buy a major stake in Galp Energia's huge offshore oil discovery in Namibia, Petrobras exploration and production director Sylvia dos Anjos told Reuters on Friday.If accepted…
Hornbeck Offshore said it has installed a dynamic positioning (DP) simulator that provides an interactive and immersive training experience for current and future mariners who serve in DP officer (DPO) roles.The Wärtsilä NaviTrainer Professional…
The U.S. Bureau of Ocean Energy Management said on Friday it is seeking competitive bids for offshore wind leases off the coast of Texas after renewable energy developer Hecate Energy Gulf Wind LLC made an unsolicited bid.The administration…
China National Offshore Oil Company (CNOOC) said on Thursday it signed strategic alliance agreement with Abu Dhabi National Oil Company (ADNOC) to deepen cooperation.Under the agreement, the companies will cooperate in oil, gas exploration and production…
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