Awilco Drilling has decided to cancel a semi-submersible rig order with rig builder Keppel due to breaches under the construction contract.
Engineering and management services provider Penspen has been awarded a contract from an undisclosed oil and gas operator for an offshore natural gas project in Myanmar.
1,400 GW of offshore wind globally by 2050 is entirely achievable considering the resource potential, technology innovation, and government appetite to position offshore wind at the centre of the global energy transition, the Ocean Renewable Energy Action Coalition (OREAC) said. OREAC estimates that
The worldwide offshore rig count in May 2020 dropped 54 rigs year-over-year and 37 rigs sequentially, according to rig count reports by Baker Hughes.
DNV GL has signed a contract with Sing Da Marine Structure (SDMS), a wholly-owned subsidiary of China Steel Corporation (CSC), to provide support for jacket foundation manufacturing for offshore wind projects in Taiwan. DNV GL will provide SDMS with risk mitigation advice around technical, logistica
There has been a massive 400% increase in attempted hacks since February 2020 coinciding with a period when the maritime industry turned to greater use of technology and working from home due to the Coronavirus pandemic. The data was cited by Israeli cybersecurity specialist Naval Dome, which believ
The current officer shortfall to crew the global merchant fleet is forecast to widen amid reduced attractiveness of a career at sea, according to the latest report from the global shipping consultancy Drewry. The consultancy estimates that there is a global officer shortage equating to around 2% of
CWind Taiwan has acquired two crew transfer vessels (CTVs) from Seacat Services to support the Yunlin offshore wind project in Taiwan. Seacat Resolute and Seacat Vigilant will be chartered to support Siemens Gamesa during the development and construction of the 640 MW wind farm. The two 24m CTVs are
Sapura Energy has been awarded several new contracts for its Engineering and Construction division, with a combined value of approximately $179.7 million.
Following the successful WODCON XXII conference, organized by the Chinese chapter of the Eastern Dredging Association (EADA) in Shanghai this April, the host of the next WODCON, CEDA, announced the details for the next congress in the series. WODCON XXIII will take place from 16th-20th May 2022, at
Malaysian energy giant Petronas said Thursday it has recently completed its maiden delivery of liquefied natural gas to Yangon, Myanmar. The company delivered two LNG cargoes in May and June as part of a master sale and purchase agreement between Petronas LNG unit and CNTIC VPower that was signed ea
Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billion barrels of liquids and 7.5 billion barrels of oil equivalent (boe) of natural gas, Rystad Energy estimates.
