Vard has signed a contract for an energy construction vessel (ECV) with Wind Energy Construction, a Norwegian company partly owned by the founders and owners of Norwind Offshore. According to the two companies, this is a whole new vessel category, developed jointly by Vard and Norwind Offshore. Unde
CPLP has secured approval of corporate conversion and name change as it plans strategic pivot to the LNG and energy transition business.
Shell has hired Kent on a global long-term enterprise framework agreement (EFA) for commissioning and start-up services (CSU) across various onshore and offshore projects.
Valeura Energy plans to restart production operations at one of the Gulf of Thailand’s oil fields a month after it was stopped due to an issue that was spotted on one of the legs at the field’s mobile offshore production unit (MOPU).
Following departure from a Chinese yard, SBM Offshore is looking forward to the arrival of its new FPSO at a giant field in the pre-salt Santos Basin.
Touchstone Exploration’s acquisition of the UK’s Trinity Exploration and Production, which has a portfolio of onshore and offshore oil assets located solely in Trinidad and Tobago, has fallen through since the latter has accepted the cash offer from a third company, Trinidad-headquartered Lease Oper
Chevron and its partners in a giant natural gas field off the coast of Israel have greenlighted a multimillion-dollar investment to start the ball rolling on the front-end engineering design (FEED) phase for the proposed expansion of the gas export capacity from this Mediterranean field.
DeepOcean has tucked a new decommissioning milestone under its belt by removing what has been deemed to be the largest subsea isolation valve (SSIV) in the North Sea.
Petronas has signed production sharing contracts (PSCs) with several oil and gas players for three clusters of discovered resource opportunities (DRO) situated offshore Peninsular Malaysia as part of the first round of Malaysia Bid Round Plus (MBR+).
Sval Energi has selected a comprehensive carbon capture and storage (CCS) solution developed by Canada-based Computer Modelling Group (CMG) for one of its CO2 transportation and storage projects in the Norwegian North Sea.
MOL received AiP from ClassNK for the design of a membrane LNG carrier installing Wind Challenger, a hard sail wind power propulsion system.
Given the worldwide rise in threats to energy and other underwater industries’ infrastructure such as offshore installations, pipelines, and cables, many countries, especially in Europe, have been upping their security ante to prevent further attacks.
Salunda, a UK-headquartered firm specializing in red-zone safety monitoring technology, has inked a deal with energy giant BP to install its monitoring solution on the latter’s North Sea assets.
UAE-based Gulf Marine Services (GMS), a provider of self-propelled and self-elevating support vessels for the offshore oil, gas, and renewables sector, has sealed a deal with three banks to refinance its bank debt.
