U.S. offshore vessel operator Tidewater is set to see an increase in its global vessel fleet size to 231 units thanks to the acquisition of Brazilian shipping company Wilson Sons. Tidewater has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Parti
Switzerland-based offshore drilling contractor Transocean has obtained multimillion-dollar assignments and extensions for seven mobile offshore drilling units (MODUs) from its rig fleet.
An environmental approval is paving the way for the development of a liquefied natural gas (LNG) project in Indonesia’s Masela block, which is expected to play a significant role in Asia’s energy security.
Bermuda-incorporated offshore drilling contractor Valaris has secured a batch of new drillship and jack-up rig assignments and extensions in Africa, Asia-Pacific, Europe, and North and South America.
UK-headquartered Tekmar Group has won a contract worth over £4 million (around €4.68 million) under which it will deliver cable protection systems (CPS) for an offshore wind farm development in Europe. The contract was awarded by a long-standing customer, as Tekmar said, for the delivery of the 10th
Norwegian vessel owner DOF Group has taken steps to expand its fleet with the acquisition of two anchor handling tug supply (AHTS) vessels. The firm has also decided to offload one AHTS ship.
UK-based wind-assisted propulsion provider Anemoi Marine Technologies has renewed its framework agreement with Chinese COSCO Shipping Heavy Industry (CHI) for the provision of comprehensive wind propulsion installation services across CHI subsidiary shipyards. The partners have completed the install
Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has reached full field start-up off the coast of Angola by bringing online three oil production wells.
As its copper demand continues to grow in line with the expansion of production facilities, Denmark-headquartered NKT has renewed its long-term copper supply agreement with European mining and smelting company KGHM, ensuring availability for the next decade. The current contract was signed in 2023 a
Tullow Ghana Limited (TGL), a subsidiary of the UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has set the wheels in motion to acquire a floating production, storage, and offloading (FPSO) vessel, which is working off the coast of Ghana, West Africa.
The European Marine Energy Centre (EMEC) has secured a £15 million (around €17.5 million) investment to expand its tidal energy research and development (R&D) infrastructure in Orkney, Scotland. The Blue Horizon project will expand EMEC’s tidal test facilities to enable the demonstration of tidal en
German energy player Uniper has inked a long-term liquefied natural gas (LNG) deal with India’s Gujarat State Petroleum Corporation (GSPC), which provides LNG supplies for the Asian country.
Australia’s energy player Santos has landed a multi-year gas supply agreement with the South Australian government.
A consortium of South Korea’s SK Innovation, PetroVietnam Power Corporation (PV Power), a subsidiary of Vietnam’s state-run PetroVietnam group, and Vietnamese company NASU has been selected as the project developer for Vietnam’s largest LNG power project. Valued at approximately $2.3 billion, the Qu
