Asco has pulled off a hat trick of new contract extensions, worth over £20 million (nearly $25.6 million), with three energy players.
ExxonMobil has made a new oil discovery at the Stabroek block offshore Guyana, using a drillship owned by Stena Drilling.
An FPSO destined to work at an oil field in the Santos Basin, has left a shipyard in Dubai, UAE, and set sail for Brazilian waters.
Seven firms from north Scotland and Orkney have been chosen for the first Fit For Offshore Renewables (F4OR) program in the region. The F4OR supply chain growth program, led by the Offshore Renewable Energy (ORE) Catapult, takes the companies 12-18 months to complete. The seven companies that were s
The Faroe Islands, a self-governing country within the Kingdom of Denmark, and the European Union have signed a Memorandum of Understanding (MoU) to, among other things, work together on the green transition, energy and climate change. Faroese Prime Minister Aksel V. Johannesen and EU Commission Pre
Electrofuel (eFuel) developer Liquid Wind has signed a letter of intent (LoI) with energy firm Umeå Energi and shipping company Wasaline for the sale and purchase of eMethanol from the eFuel facility in Umeå, Sweden.
Shortly after securing a 100-day project charter for the subsea vessel, Norway-headquartered Reach Subsea has extended the charter for Olympic Taurus due to a “solid backlog and substantial tender pipeline for the coming periods”. In mid-February, Reach Subsea announced a 100-day project charter for
MAN Energy Solutions Switzerland has secured its largest single order ever received, thanks to a deal with MODEC.
Brazilian state-owned oil and gas company Petrobras has signed a memorandum of understanding (MoU) with Japanese trading company Mitsui & Co. to explore low-carbon business opportunities in Brazil.
Denmark-based power cable manufacturer and installation company NKT has supplied its first order of adaptive power cable joints, which can serve as a spare joint for a broad range of HVAC offshore cables, to the Danish transmission system operator (TSO) Energinet. According to NKT, the Adaptive Rigi
PTTEP has boosted gas production from multiple fields located in the Gulf of Thailand in a bid to alleviate the impact of electricity costs.
Shell has hand-picked Wood’s joint venture company, Massy Wood, for the delivery of engineering projects and asset support in Trinidad and Tobago.
Aker BP has received consent to use one of Odfjell Drilling’s semi-submersible rigs for exploration activities in the North Sea.
TenneT and Nexans, which signed framework agreements for three offshore grid connections last year, have now signed a call-off contract for the BalWin3 and LanWin3 projects, each of which will have a capacity of 2 GW and will link offshore wind farms to the German grid. In May 2023, TenneT awarded N
