Offshore
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NY State submits funding proposal for offshore wind staging and assembly port at Arthur Kill
New York State, through its Empire State Development (ESD) agency, has applied for financial support from the US Department of…
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Swire Energy Services acquires Danish wind service firm All NRG
Aberdeen-based Swire Energy Services (SES) has snapped up Danish wind services provider, All NRG, becoming the sole owner of its…
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Valaris secures fresh deals and extensions for its drilling fleet
Offshore driller Valaris has secured various new contract awards and extensions for its offshore rig fleet. TotalEnergies has awarded the…
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Oceanteam names interim CEO
Offshore services company Oceanteam has appointed Henk Hazenoot as interim chief executive officer to replace Henk van den IJssel who…
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PTSC and Rosetti Marino secure contracts in Qatar
PetroVietnam Technical Services Corporation (PTSC) and Italy’s Rosetti Marino have both won contracts from North Oil Company (NOC), a joint…
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Japan Drilling Company secures financial lifeline
Tokyo-based offshore driller Japan Drilling Company (JDC) has secured a new financial backer to aid with its reorganisation plan and…
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Libra Consortium makes final investment decision on Mero 4
The Libra Consortium has made the final investment decision (FID) for the contracting of the floating production, storage and offloading…
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Majority of lenders back Olympic Subsea restructuring plan
Norwegian offshore player Olympic Subsea said on Monday that its proposed plan for the restructuring of the financial indebtedness has…
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Seagreen rolls out new corporate purchase power deals
Seagreen Wind Energy, a joint venture between TotalEnergies and SSE Renewables and soon to be Scotland’s largest offshore wind farm,…
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Beatrice seals grid assets sale
Beatrice Offshore Wind Farm, a joint venture owned by SSE Renewables, Red Rock Power, The Renewables Infrastructure Group and Equitix,…
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Subsea 7 buys into floating wind tech developer Nautilus
Subsea 7 is acquiring a majority stake in Spanish developer of technology for the floating wind market Nautilus Floating Solutions.…
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Saipem scores several drilling deals
Italy’s Saipem said that its offshore drilling division has secured various new contract awards and extensions. The recently chartered seventh-generation…
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KCA Deutag launches new business unit
Drilling and engineering contractor KCA Deutag has announced the creation of a new business unit that will expand its offering…
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Magseis Fairfield seals Norwegian North Sea survey
Seabed seismic player Magseis Fairfield has been awarded an ocean bottom node survey in the Norwegian North Sea for a…
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TechnipFMC to buy out Island Offshore in well intervention joint venture
Offshore contracting giant TechnipFMC plans to acquire the remaining 49% of shares in TIOS, its joint venture with Norway’s Island…
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Fredriksen borrows close to 7m shares in Solstad Offshore
John Fredriksen’s Hemen Holding has borrowed around 6.91m shares in Norwegian shipowner Solstad Offshore through a share loan agreement with…
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BlueWise Marine and Farra Marine team up for wind crew transfer vessels
Dublin-based BlueWise Marine and Farra Marine have partnered up to offer crew and equipment transfer solutions to the offshore wind…
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US government looks at compensating fishing industry for losses due to offshore wind developments
The commercial fishing industry in the US has been vocal in opposing wind power projects, saying that the windmills will…
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TechnipFMC to offload 9% stake in Technip Energies
TechnipFMC is selling 16m shares in French engineering and technology company Technip Energies, representing around 9% of Technip Energies’ issued…
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Repsol Sinopec evacuates workers after Covid outbreak on North Sea platform
Aberdeen-based oil and gas exploration and production company Repsol Sinopec Resources UK has had to evacuate workers from its Piper…
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