
As we entered into a new year, the mission remained the same. In the next twelve months, the offshore energy sector will continue to work on the steps to ameliorate immediate challenges and climate change impact.

Island Drilling has secured a contract extension for its semi-submersible rig, which will prolong the rig’s assignment in the UK.

Green Hydrogen Systems, a Denmark-based provider of modular electrolysers to produce green hydrogen based on renewable electricity, has delivered A-Series electrolyser units in December 2022 to two customers to provide green hydrogen for seasonal electricity and maritime use. The company said it wil

Norway’s government expects to maintain higher output on the NCS to supply Europe with high gas exports, bolstering its energy security.

Unipec, a wholly-owned subsidiary of China Petroleum & Chemical Corporation, remained the king of the VLCC charter market in 2022 with 746 reported fixtures, according to Poten & Partners. However, Russia’s Lukoil has dropped out of the top 20 spot charterers. This is mainly due to Russia’s war in U

Baker Hughes’ rig count report has revealed that the international offshore rig count experienced an increase of 30 units in 2022 compared to the figures from the year before. The overall international rig count including both offshore and onshore rigs was up 66 rigs from the 2021 count of 834. Acco

Quoceant has completed full-system demonstration testing of its Q-Connect adaptable marine quick connection system at Hydrus’ fabrication facility in Brenchin, Scotland.

Subsea Global Solutions has partnered up with Bermuda-headquartered Seapeak Maritime to provide underwater hull maintenance and repair services for their fleet of over 70 vessels that include LNG, LPG, and multigas carriers. Under the arrangement, all related underwater works for the Seapeak fleet a

UK-based hydraulic tool maker Allspeeds Limited has supplied a Webtool HCV330 hydraulic cable cutter to compatriot subsea equipment rental and solutions specialist Ashtead Technology. Allspeeds said that the Webtool cutter is the “largest manufactured so far” and the HCV 330 is designed to cut large

Conrad Asia Energy has inked PSCs for two Indonesian blocks with existing gas resources and a multi-trillion cubic feet exploration potential.

Singapore’s Samudera Shipping Line has entered into agreements for the acquisition of two newbuild container vessels from an unnamed party. The aggregate acquisition price is approximately $66 million, the company said. The new ships have a capacity of 1,900 TEU each, and they are expected to be del

“The reality is that the majority of downtime of turbine installation comes from wind speed limits for blade installation…So, we want to come to a solution that is less wind dependent and that’s difficult because blades are made to catch wind”, said Andries Hofman, Product Development Manager at Gus

Nel Hydrogen Electrolyser, a subsidiary of Norway’s Nel ASA, has partnered up with German HH2E for a Front End Engineering and Design (FEED) study and a Letter of Intent (LoI) for two 60 MW electrolyser plants in Germany. The two parties said the FEED will commence after a firm purchase order is mad

EODEX UK Subsea has secured a contract for the safe and environmentally friendly disposal of legacy unexploded ordnance (UXOs) in the Moray Firth, ahead of construction works on the Moray West offshore wind project. Work has recently begun to ensure the cable route and the offshore site are safe and