Norway’s Reach Subsea has entered into an agreement to acquire Australian marine survey company Guardian Geomatics as part of its global expansion agenda. Guardian Geomatics, established in February 2018, offers marine survey solutions to the oil & gas industry and government sector clients, which i
Norway’s offshore safety regulator has given Equinor consent to carry out modifications at a field located in the Norwegian sector of the North Sea.
Monaco-based dry bulk shipping company Safe Bulkers has entered into contracts for the acquisition of two dual-fuel newbuild Kamsarmax class dry-bulk vessels as part of its fleet renewal strategy. The two 81,200 dwt vessels which are capable of running on methanol and fuel will be acquired at attrac
Jadestone Energy has confirmed the end of a bi-annual redetermination process for its $200 million reserve-based lending (RBL) facility.
With the world adapting to emerging sources of supply and decarbonization technologies, the discussion about which fuel is the top contender for the successful energy transition continues. Despite the growing opposition to fossil fuels, some consider natural gas, primarily LNG, as the leading transi
Spanish transmission system operator (TSO) Red Eléctrica is about to begin the construction of the first submarine interconnector between Spain and France. The Biscay Gulf interconnector will comprise two high-voltage direct current (HVDC) links, each with a capacity of 1,000 MW, linking Gatika in S
Island Drilling Company has made a quick pit stop at a shipyard to prepare its semi-submersible rig for its upcoming assignment with Trident Energy offshore Equatorial Guinea.
Siemens Energy has delivered four grid transformers for the 500 MW Greenlink subsea and underground electricity interconnector that will link Ireland and Wales. The four 160-ton grid transformers were transported by sea from Nuremberg, Germany, to Belview Port Waterford in Ireland in order to avoid
Baker Hughes’ international rig count report shows a sharp drop in the number of offshore rigs in September 2023.
South Korean LS Marine Solutions is entering the Taiwanese subsea business with the establishment of a base in Taipei. The base in Taipei represents LS Marine Solutions’ first overseas base. The company plans to cooperate with LS Cable & System to build a sales network and strengthen marketing for c
Gulf Island Fabrication has settled its lawsuit with Hornbeck Offshore regarding the construction of two multi-purpose supply vessels.
England’s oil and gas engineering services firm Plexus Holdings has completed its work for the plug and abandonment (P&A) equipment and services campaign for Oceaneering. The P&A order from Oceaneering included tieback and subsea well control equipment together with hydraulic controls and services i
BOEM has set a date for the next offshore oil and gas lease sale for acreage in the Gulf of Mexico (GOM) to comply with a court order.
Vår Energi has inked a deal with Petrolia NOCO (Petrolia) to dispose of its entire interest in a field located in the Norwegian North Sea.
