MMA Offshore has secured a new contract to carry out survey work at an offshore wind project in Taiwan, as well as a contract extension for the Australian Ichthys natural gas field. MMA will use two third-party chartered vessels to undertake geophysical and visual surveys to understand elements such
The Government of Canada has launched a $964 million program to support smart renewable energy and grid modernization projects that will lower emissions by investing in clean energy technologies, like wind, solar, storage, hydro, geothermal and tidal energy.
Dutch shipyard Concordia Damen has signed a ‘historic’ contract for the construction of the hydrogen-powered inland barge with Dutch inland shipping company Lenten Scheepvaart.
Australia’s Karoon has taken the Final Investment Decision to proceed with the development of the Patola project located offshore Brazil.
After initially losing two board nominees to Engine No. 1, ExxonMobil said the activist firm would have three board seats after announcing all twelve board nominees.
TechnipFMC has won its first integrated engineering, procurement, construction and installation (iEPCI) contract in Brazil by Karoon Energy for the Patola field. The contract covers engineering, procurement, construction and installation of subsea trees, flexible pipes and umbilicals. The project wi
Global petrostates can forget trillion-dollar from oil & gas tax revenues as the accelerating energy transition bites, Rystad Energy said.
Offshore drilling contractor Valaris is still on a hot streak as it secured another contract extension, this time with Norwegian oil major Equinor.
The world’s largest container shipping company has proposed a carbon tax on ship fuel of at least $450 per ton of fuel as a way for the shipping industry to bridge the gap between fossil fuels and more expensive green fuels. “Fossil fuels cannot keep being cheaper than green fuels. Action is require
KCA Deutag has secured a contract award and two contract extensions for platform drilling services in Russia, UK, and the Norwegian North Sea.
Oilfield services major Baker Hughes and Russian independent oil company Lukoil have signed a memorandum on cooperation.
UK-based non-executive chairperson of oil and gas firm Tullow Oil has decided to step down from the board of the company.
The Norwegian Petroleum Directorate (NPD) has granted OMV a drilling permit for a well in the North Sea offshore Norway.
Solstad Offshore has signed a new contract with DeepOcean for its construction support vessel (CSV) Normand Ocean. Normand Ocean, which has been on contract with DeepOcean since 2014, will now be on firm contract until the end of 2023. The CSV will be utilized on DeepOcean’s inspection, maintenance,
