Offshore project commitments are set to reach a new record in the five-year period towards 2025, a Rystad Energy report says.
Norwegian shipowner Solstad Offshore said Thursday it has inked contracts for two of its subsea construction vessels (CSVs) in the renewables and seismic sectors. The CSV Normand Fortress has secured a contract with UK-based contractor Manor Renewable Energy for operation on a UK wind farm. The cont
United Nations Environment Programme Finance Initiative (UNEP FI) has released a new guidance on blue finance to help banks, insurers and investors take action on the transition of ocean sectors to a sustainable future.
Noble Energy, a Chevron company, has achieved the first gas flow from the Alen gas monetization project, off Equatorial Guinea.
Dutch subsea and survey specialist Fugro has secured multiple contracts from Eni Angola to carry out geotechnical and environmental surveys off the coast of Angola between now and May. For the purpose of the project, Fugro has utilised it specialist geotechnical and geophysical vessels Fugro Scout a
Houston-based oil and gas company Vaalco Energy has closed the acquisition of Sasol’s 27.8 per cent working interest in the Etame Marin block offshore Gabon.
Acteon’s surveying company UTEC has won a contract from TechnipFMC to support the development of Coral-Sul FLNG (floating liquefied natural gas) project, the world’s first in ultra-deepwater. The Coral-Sul FLNG, which is approximately 50 kilometres from the Mozambique coast, will operate in 2000 met
Ocean Energy Europe (OEE) has released a statistics report for ocean energy sector in 2020 which shows that in spite of the inevitable delays and restrictions caused by Covid-19, ocean energy devices still hit the water, significant investments deals were signed, and new manufacturing facilities lau
IECRE has launched a survey to better understand the growing needs for certification in the marine energy sector and develop corresponding services by certification bodies and test facilities worldwide.
Norwegian subsea shipping company Siem Offshore has secured a contract for its Siem Spearfish vessel. The Oslo-listed firm said on Wednesday that the contract is for two months firm, with options, excluding mobilisation and demobilisation. The contract for an undisclosed client will see the offshore
While the oil price collapse is still fresh in our minds, rumours are starting to emerge that by the end of next year prices could once again top $100 a barrel.
EnerMech has created a new role of Mozambique country manager as it seeks to expand business with a new office in the country as local activity ramps up.
