Offshore drilling contractor Northern Ocean has entered into a letter of intent (LoI) with Kinetic Pressure Control to outfit its two sixth generation semi-sub drilling rigs with new blowout equipment.Northern Ocean plans to install Kinetic’s…
Wind power high voltage specialist Correll, part of SPIE Group, has secured a contract from Jan de Nul to complete the 66kV subsea cables termination and testing on offshore wind turbines for RWE’s Thor offshore wind farm.The works are set…
Certification body DNV has launched the second phase of its floating substation joint industry project (JIP), which aims to establish standards for offshore substations in the growing floating wind sector.The new phase will play a key role in refining guidelines and closing technology gaps…
Empire Energy Partners and Herrick Corporation have formed a joint venture to boost the United States’ offshore wind supply chain.Empire Energy Partners and Herrick Corporation will work together to manufacture key components for both fixed and floating offshore wind projects…
UK-based offshore vessel owner North Star has secured its first contract for a commissioning service operation vessel (CSOV) from EnBW, which will be deployed at 960 MW He Dreiht offshore wind farm in Germany.This award for the newbuild Grampian Kestrel CSOV of VARD 4 22 design…
Ignitis Group has set out plans to participate in the second offshore wind tender for the rights to develop around 700 MW of offshore wind capacity in the Baltic Sea, while also launching a selection process for the partner in potential developments…
Malaysia's Prime Minister Anwar Ibrahim on Tuesday reiterated that state energy firm Petronas will continue to conduct oil and gas exploration activities in Malaysia's exclusive economic zone (EEZ) in the South China Sea, despite objections from China…
An offshore support vessel (OSV) has successfully operated on green hydrogen in the German Wadden Sea.Aiming to minimize its environmental impact, operator Acta Marine, based in the Netherlands, decided to install eCap Marine’s containerized…
North Sea Ekofisk and Forties crude differentials lost ground in the week's opening session on keen selling interest in the Platts window.PLATTS WINDOW* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance, and freight (CIF) or delivered at place (DAP)…
Edison Chouest Offshore (ECO) affiliate C-Innovation (C-I) on Monday announced it has signed a new three-year contract with bp for field development, and inspection, maintenance and repair (IMR) work.The contract, which has options for two one-year extensions…
Brazil's Petrobras is set to reduce planned investments for next year, despite requests by the government for the state-run oil firm to increase CAPEX, three sources close to the matter told Reuters.The firm foresaw $21 billion of investments for next year…
Energy technology company Baker Hughes and oil and gas major Repsol have signed an agreement to collaboratively develop and deploy next-generation artificial intelligence (AI) tool to optimize processes and workflows for oil and gas production…
Brazil’s state-owned oil and gas company Petrobras has signed three remaining concession contracts, acquired in partnership with Shell and CNOOC, in Pelotas Basin offshore Brazil.The concessions were acquired as part of the fourth Permanent Concession Offer Cycle…
South Korean conglomerate Hanwha Group on Monday raised its offer for the remaining stake it does not already own in Singapore's Dyna-Mac, valuing the offshore oil and gas contractor at S$790.6 million ($605.41 million).The improved offer of S$0…
Norwegian Electric Systems (NES) has secured a contract to develop and deliver the complete energy design, an integrated automation system and its future-oriented bridge system for a Field Support Vessel, being built by Green Yard Kleven for Romania’s OMV Petrom…
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