Following the rise in the number of offshore rigs, the U.S. took a break, thus, the total number remained unchanged at 20 units last week.
U.S. manufacturer of drilling and production equipment Dril-Quip has completed the installation of subsea trees at a Woodside-operated oil and gas field in the U.S. Gulf of Mexico. In a statement issued on 21 April, Dril-Quip announced the installation and completion of two 15,000 psi HorizontalBore
Swedish marine energy company Minesto has started 2023 with an increase in net loss for the first quarter, when compared to the first three months of the year before.
James Fisher Subtech (JF Subtech) is carrying out its fifth “major” contract with BP and foreshore terminal underwater inspection services at the oil & gas major’s import terminal in the South East of England. The targeted condition survey constitutes phase one of the maintenance project, completed
US-based LNG player Excelerate Energy has completed the purchase of the floating storage regasification unit (FSRU) Sequoia. The FSRU was purchased for a price of $265 million from Anemoesa Marine Inc., a company incorporated under the laws of the Republic of the Marshall Islands. Last month, Excele
US-based marine energy developer Ocean Power Technologies (OPT) has secured a $500,000 extension of its contract with a US government agency for the supply of WAM-V autonomous surface vehicles.
The International Marine Contractors Association (IMCA) has given approval to Fugro for its remotely operated vehicle (ROV) introductory training course. According to Fugro, this world-first endorsement ensures that only appropriately trained and competent individuals enter the ROV industry, helping
French LNG containment specialist GTT has announced its revenues for the first quarter of the 2023 financial year. It said that in Q1, it achieved revenues of €80 million and received a high level of orders, 25 LNG carriers and one FLNG. The delivery of LNG carriers is scheduled between the first qu
Awilco Drilling has expressed disappointment with the arbitration tribunal ruling in favour of Keppel shipyard.
KCC Chartering AS, a subsidiary of Klaveness Combination Carriers ASA and South32 Marketing Pte, a subsidiary of mining and metals company South32, have agreed to include a carbon pricing mechanism in their existing contract of affreightment (COA). In the six-year COA between KCCC and South32, annou
1,300 offshore workers will embark on a “historic” 48-hour stoppage on dozens of offshore platforms on the United Kingdom Continental Shelf.
DeepOcean has mobilized its first Autonomous Inspection Drone (AID), said to be able to unlock substantial cost savings for offshore wind and oil & gas operators. The project is a strategic partnership between DeepOcean, Argus Remote Systems and Vaarst, with industry guidance, support and funding fr
The U.S. Coast Guard has performed medevac of a crew member from one of Allseas’ vessels around 15 miles south of Port Fourchon, Louisiana.
BP has decided to extend the agreement to all five of its North Sea oil and gas assets with Aize, a digital twin software provider.
