Norway’s Solstad Maritime has secured new contracts for several anchor handling tug supply vessels (AHTS) and a construction support vessel (CSV) that combined have a firm duration of approximately 700 vessel days. The AHTS Normand Saracen and Normand Scorpion have been awarded contracts with an und
Ireland-headquartered oil & gas company United Oil & Gas has signed a non-binding Memorandum of Understanding (MoU) with U.S.-headquartered TDI-Brooks International to secure a specialist survey vessel for a planned survey program offshore Jamaica. TDI Brooks‘ survey vessel Gyre will perform a pisto
Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has appointed a former Chief Executive Officer (CEO) of the Netherlands-headquartered SBM Offshore to its board of directors to reinforce its growth strategy.
Swiss technology company ABB has signed a term sheet agreement with Dutch renewable energy company SwitcH2 to engineer and supply automation and electrification solutions for SwitcH2’s floating production, storage and offloading (FPSO) unit dedicated to producing green ammonia from green hydrogen.
UK-based upstream oil and gas player Serica Energy is engaged in talks with Dana Petroleum to come up with a way to improve the performance of a floating production, storage, and offloading (FPSO) vessel, which is being prepared to resume limited production from Serica’s North Sea asset on the UK Co
AKOFS Offshore, an Oslo-headquartered provider of vessel-based subsea well construction and intervention services, has secured a firm contract for one of its vessels that ensures it will continue working for Brazilian oil & gas giant Petrobras. Following a competitive tender process that resulted in
Japan’s MODEC is making headway in the construction of a floating production, storage, and offloading (FPSO) unit destined for a field offshore Brazil, operated by the Brazilian subsidiary of the U.K.-headquartered energy giant Shell.
Norwegian vessel owner DOF Group has secured several project awards in the North America region that have a combined contract value of over $60 million. The awards will use vessels already in the region, securing over 300 days of firm vessel utilization, with further options available. Skandi Skanse
SBM Offshore has strengthened ties with Cognite, an industrial AI software-as-a-service (SaaS) company, and SLB, a U.S.-headquartered technology player, to create an enhanced artificial intelligence (AI) blueprint envisioned to bolster operational efficiency and fuel further innovation in floating p
Following a final investment decision (FID) for its seventh offshore oil development in the Stabroek block, ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, has put Japan’s MODEC in charge of the full engineering, procurement, construction, and installation (EPCI) work for a flo
The Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, and Chinese COSCO Shipping have held a steel-cutting ceremony for a floating storage offloading (FSO) unit destined for Mexico’s inaugural deepwater project.
A floating production storage and offloading (FPSO) unit concept designed by Singapore’s Seatrium has received approval in principle (AiP) from the American Bureau of Shipping (ABS).
A multibillion-dollar boost is on the horizon for the Guyanese economy, thanks to a $6.8 billion investment, which ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, has set its cap on pouring into the development of its seventh offshore oil project in the Stabroek block off the c
Norway’s state-owned energy player Equinor has received the green light from Norwegian authorities for its planned activities in the Norwegian Sea.
