While emphasizing that oil and gas companies are among Australia’s largest corporate taxpayers, Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has highlighted that the hydrocarbon industry will drive additions to taxes and roya
Voltai, a Canadian cleantech company focused on ocean and renewable energy solutions, has closed an oversubscribed $1.83 million pre-seed financing round. Invest Nova Scotia led the round, with additional participation from an angel investor group headed by Mahir Sahin, former advisor to Alphabet’s
DEME has secured a contract for the transport and installation of inter-array cables on the 900 MW Nordseecluster B offshore wind farm in the German North Sea, owned by RWE (51%) and Norges Bank Investment Management (49%). Under the contract, the Belgian offshore construction specialist will transp
Norwegian vessel owner DOF Group has secured several project awards in the North America region that have a combined contract value of over $60 million. The awards will use vessels already in the region, securing over 300 days of firm vessel utilization, with further options available. Skandi Skanse
Italy’s energy giant Eni and its co-venturers have reached the final investment decision (FID) to develop a floating liquefied natural gas (FLNG) project in the north of Mozambique.
Swedish electric boat maker Candela has signed an agreement with Thai operator Seudamgo by Leopard Transportation for ten of its electric hydrofoil ferries to initially operate on Thailand’s route between the mainland and Koh Kood Island.
SBM Offshore has strengthened ties with Cognite, an industrial AI software-as-a-service (SaaS) company, and SLB, a U.S.-headquartered technology player, to create an enhanced artificial intelligence (AI) blueprint envisioned to bolster operational efficiency and fuel further innovation in floating p
Combifloat Group of the Netherlands and Poseidon Barge of the United States, with the backing of Marine Equipment Solutions (MES), have joined forces to forge a new joint venture (JV), named Poseidon Jackup, whose goal is to bring modular jack-up technology to North America.
Aberdeen-headquartered integrated solutions specialist EnerMech has secured a contract it describes as major for the delivery of pre-commissioning and specialist services for an offshore gas development in Australia. The scope of work includes the provision of riser and umbilical services for the se
A semi-submersible rig from Ventura Offshore Midco, a subsidiary of the Brazilian deepwater offshore drilling contractor Ventura Offshore, is staying longer off the coast of Indonesia with Eni Indonesia, a subsidiary of Italy’s energy giant Eni.
The Danish subsidiary of France’s energy giant TotalEnergies has signed a farm-down agreement with CarbonVault, an affiliate of the German cement producer SCHWENK, for a carbon capture and storage (CCS) project in the Danish sector of the North Sea.
Singapore-headquartered Aster, a provider of energy, chemical, and infrastructure solutions in Southeast Asia, has awarded contracts to Allseas and DOF Group, as well as other partners, for engineering and rejuvenation of direct tanker-to-refinery crude oil transfer infrastructure. Aster is investin
Harbour Energy has secured a permit to spud a wildcat well in the Norwegian sector of the North Sea, which will be done with a semi-submersible rig owned by Transocean.
Two drillships, which are part of a rig fleet owned by Switzerland-based offshore drilling contractor Transocean, are staying in the Gulf of America (Gulf of Mexico) and Brazil, thanks to multimillion-dollar contract options, which the UK-headquartered BP and Brazil’s Petrobras decided to take advan
