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  • 3 May 2019
    Exploration & Production

    Azinor Catalyst Limited has committed to the Oil and Gas Authority to the drilling of two wells in 2020. These two firm wells form part of a three-well 2020 campaign.

  • 3 May 2019
    Business & Finance

    More than 20 ports confirmed they have no intention of banning the use of open-loop scrubbers.

  • 2 May 2019

    German duo Wintershall Holding and DEA Deutsche Erdoel AG (DEA) have completed the merger of the two companies creating a European independent gas and oil giant.  The merger agreed in September last year has been completed in on May 1 following the approvals by all relevant authorities, and shareholders BASF and LetterOne, the company said […]

  • 2 May 2019
    Exploration & Production

    Offshore drilling contractor Borr Drilling has received cancellations of two letters of intent for jack-up rigs, which are currently warm-stacked in Singapore. 

  • 2 May 2019
    Business & Finance

    Dutch Marine Energy Centre (DMEC) is reinforcing its team with a medior/senior marketing & communications professional who will be responsible for a suite of activities spread across three main domains. Successful candidate will work closely with DMEC operational office manager to realise successful implementation of the activities. Main responsibilities will be to: Establish and implement […]

  • 1 May 2019
    Research & Development, Technology

    Global OTEC Resources has completed the initial designs and feasibility studies for its ocean thermal energy conversion (OTEC) project and is already progressing to detailed design of the key components, all with the aid of a further £80,000 grant from Marine-i. The project is aimed to provide green energy to ‘off-grid’ islands across the tropics. […]

  • 1 May 2019

    “Size is very important in this industry. Very rarely do you have the opportunity to create a company of this scale and quality”

  • 30 April 2019
    Business & Finance

    McDermott International has been awarded a contract by Eni for engineering, procurement and construction of wellhead platform one (WHP1) to be installed in the Amoca field off Mexico.

  • 24 April 2019
    Exploration & Production

    Oil company Canadian Overseas Petroleum Limited has signed a letter of intent with an unnamed offshore drilling company for the use of a jack-up rig in Nigeria.

  • 24 April 2019
    Business & Finance

    The U.S. oil firm Occidental Petroleum has entered the race with Chevron to buy Anadarko Petroleum.

  • 23 April 2019
    Environment, Research & Development

    The Lake Erie Energy Development Corporation (LEEDCo) and the Cooperative Institute for Great Lakes Research (CIGLR) have entered an agreement to together conduct studies on the U.S. Icebreaker offshore wind project. LEEDCo and CIGLR, part of the University of Michigan, will focus on research to monitor and understand large scale processes on Lake Erie, as well as […]

  • 23 April 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Electromagnetic Geoservices (EMGS) has received a multi-year call-off acquisition contract from a repeat but undisclosed client. The contract has a minimum value of approximately USD 29.3 million, and a maximum value of approximately USD 73.3 million, over a two- year period. Based on current acquisition estimates, EMGS expects that all or a substantial part of […]

  • 22 April 2019
    Business & Finance, Equipment

    Dril-Quip has said that it had product bookings in the first quarter of 2019 of approximately $99 million, which exceeded its prior guidance of $80 million. Included in the first quarter 2019 bookings was a previously disclosed order from BP to supply subsea wellhead systems valued at between $25 – $35 million and an order […]

  • 22 April 2019
    Business & Finance, Exploration & Production

    Tender rig specialist Atlantica Tender Drilling has received a contract extension for one of its units with Petrobras in Brazil. 

  • 22 April 2019
    Business & Finance, Equipment

    Dril-Quip had product bookings in the first quarter of 2019 of approximately $99 million, which exceeded its prior guidance of $80 million.

  • 16 April 2019
    Project & Tenders

    Siemens Gamesa Renewable Energy and Eolien Maritime France (EMF) have signed a framework agreement with the objective of supplying and servicing offshore wind turbines with a capacity of approximately 1,000MW for two of EMF’s three French offshore wind projects currently under development. Both projects are expected to use SWT-7.0-154 DD offshore wind turbines and are […]

  • 16 April 2019
    Business & Finance

    U.S. Senators Roy Blunt, Dick Durbin, Chuck Grassley and Tammy Baldwin, along with U.S. Representatives Jason Smith and Cheri Bustos, led a bipartisan, bicameral letter to Senate and House appropriators urging the inclusion of funding for the Navigation and Ecosystem Restoration Program (NESP) in the Fiscal Year 2020 Energy and Water Development Appropriations bills. NESP, […]

  • 15 April 2019
    Authorities & Government

    India’s Union Cabinet has given its approval for a cooperation agreement between India and Denmark on strategic sector cooperation in the field of renewable energy with a focus on offshore wind. The Cabinet has also approved a Letter of Intent to establish an Indo-Danish Centre of Excellence for renewable energy in India. The areas of […]

  • 15 April 2019
    Infrastructure, Project & Tenders

    Japan’s MODEC has concluded financing for an FPSO charter project, which will be used on the Eni-operated Area 1 block offshore Mexico. 

  • 12 April 2019

    ISSA called on IMO member states to act over unfair port access practices levied against ship suppliers. 

  • 12 April 2019
    Business & Finance, Equipment, Project & Tenders, Research & Development

    Finnish technology company focused on ocean-wave energy conversion, Wello, has signed a letter of intent with Inix Group for two projects of 30MW total offshore India. In partnership with the Indian government, Ixin, part of Ixar Group, is looking to acquire Wello’s Penguin Core package for the construction of 20MW and 10MW wave energy parks. […]

  • 12 April 2019
    Business & Finance

    An emergency coastal restoration project at Lido Beach in the City of Sarasota, FL, is now complete, City Manager Tom Barwin said in his latest weekly newsletter. Last week, the contractors Coastal Dredging Corp. wrapped up dredging portion of the project, recycling approximately 205,000 cubic yards of sand accretions from the New Pass area to restore […]

  • 12 April 2019
    Research & Development

    A team led by the Rhode Island Coastal Resources Management Council (CRMC) is set to conduct a research project on the engineering of the jacket foundations at the U.S. Block Island offshore wind farm. The U.S. Bureau of Safety and Environmental Enforcement (BSEE) has awarded USD 608,722 for the 28-month study of the first U.S. offshore wind commercial project. […]

  • 11 April 2019
    Business & Finance

    The Offshore Renewable Energy (ORE) Catapult has named the University of Sheffield as the academic partner for its new research hub dedicated to offshore wind turbine powertrains. The GBP 2.5 million Powertrain Research Hub (PTRH) will focus on the development of next-generation turbines and future technologies and research solutions for improving turbine reliability and availability, ORE Catapult said. […]

  • 11 April 2019
    Authorities & Government, Research & Development, Technology

    Finnish technology company focused on ocean-wave energy conversion, Wello, has signed a letter of intent with Inix Group for two projects of 30MW total offshore India. In partnership with the Indian government, Ixin, part of Ixar Group, is looking to acquire Wello’s Penguin Core package for the construction of 20MW and 10MW wave energy parks. […]