Singapore-based offshore contractor Seatrium has received a termination of the $475 million contract for the construction of a Wind Turbine Installation Vessel (WTIV) that was set for deployment at Equinor's Empire Wind 1 offshore wind farm in the United States.The contract - secured by Sembcorp Marine Rigs & Floaters in 2022, which is now known as Seatrium Energy (International) - was for the construction of a WTIV for Maersk Offshore Wind through its affiliate…
United Oil & Gas has signed a non-binding memorandum of understanding (MoU) with TDI-Brooks to secure a specialist survey vessel for a campaign offshore Jamaica.The work is related to the planned piston coring and surface geochemical program on the company’s Walton Morant Licence…
The International Energy Agency on Tuesday cut its global forecast for renewable power growth by 2030 by 248 gigawatts from last year's outlook, citing weaker prospects in the United States and China, even as solar power continues to drive record additions…
Danish offshore wind developer Orsted maintains a plan to complete its offshore Sunrise Wind project in the United States in the second half of 2027, the company's CEO Rasmus Errboe told reporters on Tuesday.Orsted has meanwhile fully resumed work on the 80% complete U…
OPEC+'s continued oil output increases are eroding the group's spare production capacity, a vital cushion that has helped to mitigate volatility in recent years. Energy traders may therefore face rockier days ahead.The prevailing belief in oil…
Combifloat Group of the Netherlands and Poseidon Barge of the United States, with the backing of Marine Equipment Solutions (MES), have launched a new joint venture (JV) under the name of Poseidon Jackup to bring ‘world-class’ modular jack-up technology to North America…
The Kremlin said on Friday that the surviving section of the Nord Stream gas pipelines from Russia to Germany, which were blown up three years ago, could be quickly put into service.'The remaining line is there, it can be launched right now…
Woodside has signed signed a liquefied natural gas (LNG) Heads of Agreement with Türkiye’s Boru Hatları ile Petrol Taşıma (BOTAŞ) to will approximately 5.8 billion cubic meters natural gas equivalent of LNG for up to nine years starting from 2030…
Malaysian independent oil and gas exploration firm Hibiscus Petroleum has spudded a new well at the Teal West field in the North Sea, off the coast of the United Kingdom.The drilling operations is being done with Shelf Drilling’s Shelf Drilling Fortress jack-up rig…
Around 130 workers have overwhelmingly backed a pay deal with offshore operator China National Offshore Oil Corporation (CNOOC) negotiated by Unite, U.K.-based workers' union.The basic pay increase is worth 5.5% with further improvements to allowances worth an additional seven per cent…
Offshore wind services firm Empire Energy and logistics giant Kuehne+Nagel have entered into a partnership to provide integrated solutions for offshore wind developers and OEMs, combining project delivery with global logistics capabilities.The…
Subsea7 has secured a major project under the long-term agreement (LTA) with Aramco that relates to certain facilities located offshore Saudi Arabia.The contract scope includes the engineering, procurement, construction, and installation (EPCI) of 106 kilometers of infield and export pipelines…
U.S. Interior Secretary and Energy Council Chief Doug Burgum has said that it is not likely that there will be future offshore wind projects built in the country under the current Trump administration.During the Gastech conference in Milan,…
Offshore services firm Tekmar has secured a contract, worth more than $10 million, to supply advanced subsea cable protection systems for an offshore energy project in the United Arab Emirates.The contract, awarded by major international Engineering…
Fugro has completed a site investigation job for Ørsted at a future offshore wind farm landing site along Victoria’s eastern coastline in Australia.The project featured the first onshore deployment of Fugro’s patented Heat Flow Module (HFM) CPT probe…
