ADES has ironed out all the details for a new offshore drilling assignment, which will be undertaken by one of its jack-up rigs off the coast of Thailand.
Norway’s Reach Subsea has reported record financial results for the first three months of 2024 with the order backlog reaching NOK 1.3 billion (about €111.5 million), a 60% increase compared to the first quarter of 2023. Revenue for Q1 2024 was NOK 575.3 million, a 146% increase compared to NOK 234
Woodside Energy has discussed the inroads made in the development of its deepwater natural gas field off the coast of Trinidad.
Aker BP has secured a green light to use one of Odfjell Drilling’s semi-submersible rigs for exploration activities in the Norwegian Sea.
U.S.-headquartered energy giant ExxonMobil has made a new oil discovery in Block 15 off the coast of Angola.
The floating production systems construction market remains a key bright spot in the offshore marketplace, according to Energy Maritime Associates (EMA).
Hexagon Energy Materials has signed an MoU with Oceania Marine Energy regarding the potential development of a low-emissions ammonia bunkering business at Dampier, in the Pilbara region of Western Australia.
Denmark’s NKT has completed inspection survey and remediation work on an interconnector that has been linking the electricity transmission grids of Ireland and Great Britain for twelve years. The specialized inspection and remediation work on the East West HVDC interconnector (EWIC) allows the owner
Equinor has struck a value-neutral asset swap deal with Petoro, a compatriot player, to harmonize equity interests on the Norwegian Continental Shelf (NCS).
Energy and marine consultancy ABL has completed technical due diligence for what is expected to become the world’s longest HVDC subsea cable once it connects the UK and Morocco. The Xlinks Morocco-UK power plant includes the development of a commercial-scale renewable energy project in Morocco, harn
Petronas has penned a new production sharing contract (PSC) and prolonged an existing one off the coast of Indonesia to assist the country in bringing more hydrocarbons to the surface.
Petrobras is laying the groundwork to put 14 new floating production, storage, and offloading (FPSO) vessels into production mode over the next five years.
Australian energy giant Woodside Energy has awarded TechnipFMC with an integrated engineering, procurement, construction, and installation (iEPCI) contract to support ongoing production from an LNG project in Australia. Under the contract described as “significant”, TechnipFMC will design, manufactu
Sea1 Offshore, former Siem Offshore, has won a deal in South America with an undisclosed company for one of its anchor handling tug supply (AHTS) vessels.
