U.S. offshore engineering and construction player McDermott has been tasked with a strategic role in offshore asset retirement, which is being undertaken by Qatar’s state-owned oil and gas giant QatarEnergy. This is described as the Persian Gulf state’s first major offshore decommissioning project.
Seadrill, an offshore drilling contractor, has secured more time with Equinor Brasil Energia, a subsidiary of Norway’s state-owned energy giant Equinor, for a drillship working off the coast of Brazil.
UK-based wind-assisted propulsion provider Anemoi Marine Technologies has completed the installation of four folding rotor sails on a second vessel owned by Singapore-based shipping company Berge Bulk. The rotor sails, 5 meters wide and 35 meters tall, were installed on the 208,000 DWT Newcastlemax
Three players, Japan’s MODEC, Norway’s Eld Energy, and Delta Electronics, have joined forces to expand hydrogen use in the maritime sector, driving energy transition by deploying solid oxide fuel cell (SOFC) technology for the first time on a floating production, storage and offloading (FPSO) vessel
Texas-headquartered Northern Offshore, a builder and operator of jack-up rigs, has secured a new assignment for a nine-year-old jack-up rig off the coast of Oman, West Asia.
Swedish tidal energy developer Minesto has secured grant funding from the Swedish Energy Agency (SEA) that will be used to accelerate its market development in Taiwan. Thanks to the €24,000 grant funding awarded through the Global Innovation Accelerator (GIA) program, Minesto aims to secure investme
China-based Wison Group has joined forces with Yantai Jereh Oilfield Services Group (Jereh) to combine strengths in energy engineering and high-end equipment to support offshore floating facilities and onshore oil and gas engineering, procurement and construction (EPC) opportunities.
Brazilian state-owned energy giant Petrobras has sealed oil sales agreements with Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL).
The European Commission has approved a €9.56 million grant for the preparation of further studies for a 3 GW electrical interconnection that will link Greece’s and Egypt’s power systems. Being developed by Elica Interconnector S.M.S.A, a member of the Copelouzos Group, the GREGY Project will transfe
Norwegian oil and gas operator Aker BP has received the green light to use one of Floatel’s semi-submersible support vessels at a field off the coast of Norway.
Subsea7 has been awarded a contract by Shell for a deepwater development located some 210 kilometers offshore Louisiana in the U.S. The scope of work includes the transportation and installation of a subsea umbilical, riser, and a rigid flowline in water depths of up to 1,650 meters for the Kaikias
France’s energy giant TotalEnergies has hit the reset button for the construction of a multibillion-dollar liquefied natural gas (LNG) development off the coast of Mozambique. The reignition comes almost five years after the project was put on ice, with force majeure declared in April 2021.
Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has taken into its fold five premium jack-up rigs, which used to be part of the U.S.-headquartered Noble Corporation’s fleet.
DeepOcean has upgraded a multifunctional subsea support and construction vessel it chartered from Olympic Subsea with dedicated cable-lay and installation capacity for offshore wind. The two Norwegian companies entered into a two-year time charter agreement for Olympic Ares in March 2023, with an op
