Bluewater has secured a contract for the engineering, procurement and construction of a mooring system for an FPSO to be located off China.
During the COP26 conference, nations are expected to speak out their ambition towards mitigating climate change. These pledges will have an effect on the offshore energy and maritime industry.
Echoing the sentiment of its rivals Transocean and Valaris, Noble has said it is seeing consistent signs of recovery in the offshore rig market.
Borr Drilling now has 17 rigs contracted or committed amid strong demand for offshore rigs and is on track to fully contract its fleet by 2022.
The Suez Canal Authority has decided to increase canal dues by six per cent for the year 2022, except for LNG carriers and cruise ships.
Oil major Shell has restarted production at its Mars and Ursa platforms in the U.S. Gulf of Mexico following Hurricane Ida earlier this year.
France-based geophysical services company CGG has reported a segment revenue of $270 million for the third quarter of 2021, up 35% year-on-year and 71% sequentially.
Prosafe has signed a further contract extension with Petrobras to provide a semi-submersible vessel for maintenance support offshore Brazil.
Woodside has cut the proved and probable gas reserves estimate for the Greater Pluto area off Western Australia following subsurface studies.
Klaveness Combination Carriers ASA (KCC), part of Norwegian shipping company Torvald Klaveness, has completed an equity private placement with gross proceeds of NOK 213 million (approximately $25 million) to fund energy efficiency initiatives on its current fleet.
Woodside has agreed to form a consortium with BP and MIMI to study the feasibility of a CCS project near Karratha in Western Australia.
Finnish engineering majors Cargotec and Konecranes, which launched in 2020 a process to merge the two entities, have unveiled the operating model and leadership team of the future company.
Listen to what the visitors of the Offshore Energy Exhibition & Conference (OEEC) had to say about this year’s event as Navingo’s Live studio host Coco Kossmann takes a stroll during the official closing drinks.
Prosafe has achieved the highest quarterly fleet utilisation rate since 2019, nearly quadrupling its revenues when compared to 3Q last year.
