Marine Energy Wales new report shows that a total of £123.7 million has been invested into the Welsh economy. The latest ‘State of the Sector’ report outlines findings from a survey carried out by Marine Energy Wales which reviewed activity and investment made in the Financial Year 2019-20 to assess
Perenco has received approval for its draft decommissioning programs for four Amethyst gas field topsides, located in the Southern North Sea, from the UK authorities.
Ireland needs to install 1 GW of offshore wind energy capacity by 2025 if it is to meet the new Irish government’s target of 5GW of installed offshore wind by 2030, SSE Renewables said. Paul Cooley, Director of Capital Projects at SSE Renewables, told the Energy Ireland ‘Offshore Energy Conference’
Neptune Energy has awarded a subsea inspection contract to geo-data specialist, Fugro, which will employ remote monitoring technology to survey subsea structures at the Cygnus gas field in the UK’s southern North Sea.
Shearwater has through its first deep-water ocean bottom node (OBN) survey project demonstrated its strategic positioning in the OBN market. In March, Shearwater secured its first deep-water OBN award. The project was launched in the second quarter, breaking the cost curve by implementing a wide-tow
Norwegian oil and gas company Aker BP has awarded Eidesvik Offshore a ship management agreement for two offshore supply vessels in operation on the Norwegian Continental Shelf (NCS).
Eni has successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called Bashrush.
Offshore helicopter operator NHV Group has won a new long-term contract to provide helicopter services for Shell, starting 1 July 2020.
Equinor is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage.
U.S. engineering and construction services company McDermott International has completed its restructuring process by shedding nearly all of the company’s $4.6 billion of funded debt.
SBM Offshore has closed a $600 million bridge loan facility for the financing of the construction of FPSO Sepetiba.
Forum Energy Technologies has, as part of its continuing cost reduction plan, reduced and reorganized the corporate executive team. Changes to the executive team will be effective July 10, 2020. D. Lyle Williams Jr., who joined Forum in 2007, will be the executive vice president and chief financial
Technology and data intelligence specialist Imrandd has secured a two-year contract extension with Dana Petroleum for the provision of integrity services for all of its UK operated assets.
Vantage Drilling has entered into a contract with Eni for its premium jack-up rig, the Topaz Driller, to perform drilling services offshore of Montenegro. Vantage said on Tuesday that the contract with Eni is for 180 days. Ihab Toma, the Company’s Chief Executive Officer, commented, “Securing this c
