Scottish company QED Naval has ‘constructive discussions’ with MP of Anglesey Virginia Crosbie, taking the opportunity to outline its plans for the development of 4.5MW tidal energy project off Holy Island, along with associated operations. A strong advocate for decarbonization, Crosbie believes tha
UK-headquartered energy services provider Expro has completed the acquisition of Houston-based offshore services provider PRT Offshore, said to enable the company to enhance its portfolio of services and solutions within the subsea well access sector in North and Latin America. The acquisition is al
Altera Infrastructure has secured contracts for the redeployment of an FPSO vessel and a shuttle tanker, which will be converted into an FSO.
Subsea services provider DeepOcean has completed a decommissioning project on a Fairfield Energy platform located on the UK continental shelf, with work conducted from a hybrid-battery-powered construction support vessel (CSV). As part of its scope, DeepOcean removed six subsea conductors and four v
Dyna-Mac has tucked in a new batch of contract wins with existing customers worth a total provisional sum of S$88 million (over $64.1 million), expanding its net order book to S$630.7 million (more than $459.4 million).
PetroNor has set the wheels in motion to increase its interest in the offshore mining lease no. 113 (OML 113), containing a gas field, offshore Nigeria
The European Commission has approved, under EU State aid rules, a €106 million Greek measure to support the completion of the construction of Gastrade’s liquefied natural gas (LNG) terminal in Alexandroupolis. The aid will take the form of a direct grant, and according to Gastrade, the promoter and
Neptune Energy has kicked off drilling activities at an appraisal well in the Norwegian sector of the North Sea, using a semi-submersible rig managed by Odfjell Drilling.
Energy technology company Baker Hughes has secured a contract with U.S.-based Venture Global LNG to provide a modularized LNG system and power island. The contract, which was described as a major gas technology equipment order, was awarded under a master equipment supply agreement between the two co
Shelf Drilling has secured new contracts for two jack-up rigs in its fleet, which have been hired to carry out operations offshore Nigeria.
Petrobras is planning to kick off a drilling program in the Potiguar Basin on Brazil’s Equatorial Margin upon the arrival of a rig.
Biden administration is stuck between a rock and a hard place while trying to reconcile its climate agenda and offshore wind ambitions with the IRA’s giveaways to the fossil fuels lobby.
Argeo is set to commence a three-month deepwater inspection program for a client that it described as an “oil and gas supermajor”. The agreement comprises deepwater autonomous underwater vehicle (AUV) inspection services and remotely operated vehicle (ROV) inspection separated in two detailed work p
Everfuel, a Denmark-based green hydrogen company, and Hy24, managing the world’s largest clean hydrogen infrastructure fund, have completed the transaction establishing the joint venture (JV) to begin financing the development of electrolyzer capacity across the Nordics. The parties announced the cr
