McDermott has completed work on Reliance Industries’ KG-D6 Satellite Cluster Project, off the east coast of India.
Ørsted has decided to accelerate its global build-out of renewable energy and has now set a goal to reach around 50 GW of installed renewable energy capacity by 2030, of which 30 GW will come from offshore wind. Reaching this target will see the company investing approx. DKK 350 billion (approx. € 4
Subsea Integration Alliance, the partnership between Subsea 7 and OneSubsea, has officially secured the EPCI contract with Equinor for the Bacalhau field in Brazil. The work scope covers the engineering, procurement, construction and installation (EPCI) of the subsea pipelines (SURF) and production
At the global Innovating to Net Zero Summit, 23 governments responsible for over 90% of global public investment in clean energy have collectively launched bold new plans to catalyze action and spearhead a decade of innovation to drive global investment in clean energy research, development and demo
U.S. President Joe Biden has suspended oil and gas leases in the Arctic National Wildlife Refuge, reversing former President Trump’s decision.
South Korean wave energy developer Ingine has received support from the United States Agency for International Development (USAID) to advance its planned wave power plant in Vietnam.
Neptune Energy has announced the digitisation of five of its operated offshore platforms in the Dutch, Norwegian, and the UK North Sea.
Siem Offshore has secured a contract for its multi-purpose support vessel (MPSV) Siem Dorado offshore Guyana. The work scope, on behalf of charterers, will consist of fibre optic cable lay, support and hook-up. The deal includes a 55 days firm contract, plus options, in addition to mobilization and
Norway’s PSA has given Equinor consent to use a Floatel International-owned accommodation rig on the Martin Linge field off Norway.
Norwegian green investment company Saga Pure has completed NOK 30 million ($3.6 million) investment in IC Technologies, a company for liquid hydrogen and LNG storage solutions.
Norway’s Kongsberg Ferrotech has teamed up with Equinor, SINTEF and Gassco to develop and test 3D printing technology as a repair method on the seabed. The 3D printing technology will be integrated in the company’s underwater maintenance and repair robot the Nautilus. According to Kongsberg Ferrotec
Austrian oil and gas company OMV has named a new CEO of the company as its current boss is set to resign from the role.
Repsol has agreed to sell its E&P assets in Malaysia and a block in Vietnam to a fully-owned subsidiary of Malaysia’s Hibiscus Petroleum.
Offshore drilling contractor Valaris has been awarded a one-well contract for a drillship with Total offshore Ivory Coast.
