Oceaneering International has secured multiple contracts during the fourth quarter of 2023 with an anticipated aggregate revenue of approximately $200 million. The anticipated revenues from these contracts in Oceaneering’s Manufactured Products segment range in value from less than $10 million to gr
Despite a 50% fall in profit on a year-over-year basis, BP still reported a solid overall operational and financial performance during 2023.
Valaris has confirmed the spudding of the first well in an eight-well campaign, which is being undertaken by one of its semi-submersible rigs.
Italy’s Ministry of Environment and Energy Security has given its approval for the Adriatic Link submarine power line, set to facilitate the integration of renewable sources and support energy transition goals in Italy. The Italian Ministry of Environment and Energy Security authorized, through a de
International marine environmental consulting and survey company CSA Ocean Sciences has been granted a non-exclusive General Offshore Geophysical Survey permit which allows it to conduct low-energy marine surveys within a three-mile zone from the mean high tide line along California’s coast. The per
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (KSOE), a sub-holdings company of HD Hyundai, has entered into a cooperation deal with prominent nuclear power companies Core Power and TerraPower to develop nuclear power for ships. The move is being announced following a
Bermuda-based owner and operator of LNG carriers and FSRUs Höegh LNG has provided an update stating that the previously disclosed disputes and pending arbitrations with the charterer of PGN FSRU Lambung, which is serving Pertamina’s Perusahaan Gas Negara (PGN) off Indonesia, have been settled. In a
Ocean Oilfield Integrated Solutions has confirmed the completion of a plug & abandonment program, which one of its jack-up rigs carried out at an offshore field in the UAE for Atlantis (UAQ) Limited.
India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC) has appointed Norway’s Shearwater GeoServices to deliver an ocean bottom node (OBN) survey off the coast of India. According to Shearwater, the venture will showcase its Pearl node technology aboard the SW Tasman, a vessel
Baker Hughes’ rig count report shows that more than one rig joined the working international offshore fleet in January 2024.
Shell has hired a heavy-duty jack-up rig from Valaris, an offshore drilling contractor, for a two-well drilling campaign in 2024.
Houston-based Sempra Infrastructure, a subsidiary of Sempra, and Japan Bank for International Cooperation (JBIC) have signed a memorandum of understanding (MoU) to collaborate on energy transition opportunities, such as LNG and hydrogen, in the United States and Japan. The MoU will see Sempra and JB
France-based start-up HelioRec has established a partnership with EMP ROTOMOULAGE, a company dedicated to rotational molding techniques, with the aim of spearheading the production of floating solar systems in the Bretagne region. HelioRec, who has developed a floating solar system whose compact des
U.S. Venture Global LNG and UK National Grid Grain LNG have signed a binding long-term terminal use agreement (TUA), enabling the regasification and sale of LNG from all of Venture Global’s terminals in Louisiana, U.S., including CP2 LNG, subject to obtaining necessary federal permits. Under the agr
