Global logistics and materials management provider ASCO has been contracted to provide logistics and supply base services for IOG’s Core Project Phase 1 in the Southern North Sea (SNS).
South Korea-based wave energy developer Ingine has secured €2.9 million from the state-owned Korea Development Bank to advance its wave energy business and technology.
The introduction of the IMO rules last year to reduce ship sulphur emissions has resulted in a significant hike in operational expenditure for ship managers, with the use of low and very low sulphur fuel potentially resulting in system and engine damage, according to a recent webinar.
Oil and gas company Rockhopper Exploration has received notice that a final decision in its arbitration against Italy over the Ombrina Mare Field in the Adriatic Sea could be made in July.
UK gas company IOG has awarded the Phase 1 duty holder contract for the installation and pipeline operator as well as facilities operations and maintenance to ODE Asset Management (ODE AM).
South Korean shipping major HMM reported its highest ever operating profit for the first quarter of 2021 amid higher freight rates and increased container handling volumes. The operating profit was KRW 1019.3 billion with a margin of 42% in Q1 2021 against a loss of KRW 2.0 billion ($ 1.7 million) i
A consortium of Actemium and Semco Maritime has been awarded the provision of a commissioning services contract for the Tyra Redevelopment.
Maersk Drilling is getting rid of two jack-up drilling rigs in addition to securing a new job for another one of its jack-ups.
The number of offshore rigs in the U.S. increased by two units over the last week, according to a Friday report by Baker Hughes.
In this edition of In focus, we’ll be looking at ways through which the offshore energy sector is working to reduce carbon emissions.
A new, twelve-well drillship contract has been awarded to a joint venture between Seadrill Limited and Angola’s oil and gas player Sonangol.
A Norwegian union is working to avoid the downsizing of 200 workers of the West Mira rig following a recent contract termination.
Spirit Energy has received approval from Norwegian authorities for a life extension of its Vale gas field located offshore Norway.
The U.S. National Offshore Wind Research and Development Consortium (NOWRDC) is funding a project developing a shallow-water floating offshore wind concept, with cost-share being provided by Equinor. The team behind the project includes the University of Massachusetts, Amherst (UMass) as the main co
