Singapore-based shipbuilding company Strategic Marine has delivered two crew transfer vessels (CTVs) to the UK-based offshore support vessel company WEM Marine Ltd. The new 27m vessels, built to the Stratcat 26 design, are the very first CTVs…
Chinese state-owned offshore vessel owner Sinoocean Offshore Assets Management Limited has signed a deal with Ulstein Electrical Technology (UET) for the supply of spare parts and after-market services to Sinoocean’s fleetSinoocean holds a fleet of 58 rigs…
Singapore-based shipbuilder Strategic Marine has won a new contract from Centus Marine for a 42m Fast Crew Boat (FCB).'The vessel will be the latest bespoke design FCB Strategic Marine delivers for Centus Marine, with two vessels successfully…
Offshore installation and dredging contractor Jan De Nul Group has moved its entire fleet of 82 units to Castor Marine’s global VSAT and Iridium connectivity network on a long-term contract.Castor Marine will provide global VSAT internet and…
Aberdeen-based Well-Safe Solutions has won a contract with Repsol Sinopec to execute the decommissioning of 14 wells in its Buchan and Hannay offshore fields in the UK.Well-Safe Solutions will utilize its purpose-built decommissioning unit specifically designed for decommissioning of subsea wells…
Marine, offshore, and engineering consultancy Global Maritime has recently signed a Framework Agreement with BP to provide the oil firm with specialist marine services.The HitecVision-backed firm said that the three-year frame agreement would cover marine vessel assurance…
Oil prices fell on Monday on worries over China's economy after a survey showed growth in factory activity slipped sharply in the world's second-largest oil consumer, with concerns compounded by a rise in oil output from OPEC producers.Brent crude oil futures slid by 74 cents…
Norway-based offshore access solutions provider Uptime International won contracts from VARD to deliver three walk-to-work systems to be included on offshore wind Service Operation Vessels VARD will build for North Star Renewables.Uptime will…
The Norwegian government has approved Equinor's plan for the development and operation of the Breidablikk field in the North Sea, off Norway.Equinor estimates it will take around NOK 18.6 billion (around $2,17 billion) to develop the field.…
Norway is betting on hydrogen and offshore wind for its energy transition but will continue to extract oil and gas until 2050 and beyond, the center-right government said as it presented its long-term energy strategy on Friday.Europe's second…
Liquefied natural gas (LNG) prices are poised for more gains as gas-hungry China guzzles cargoes to feed a rebound in economic growth while the easing of coronavirus-induced restrictions restores industrial demand in India.Higher oil and coal…
Magma Global has this week announced the delivery of what it claims to be the world’s first high-pressure composite riser pipe to HWCG’s storage location on the U.S Gulf Coast, completing its rapidly deployable Offset Flexible Riser (OFR) system…
Global Offshore, an offshore trenching and cable installation specialist, has completed a cable installation campaign at Vattenfall’s Kriegers Flak offshore wind farm in the Baltic Sea, off Denmark.The first phase of work, finished last year…
Eco Atlantic, an oil company with offshore oil and gas acreage in Guyana and Namibia, said Tuesday it had formed a new solar energy-focused company Eco Atlantic Renewables, citing, in part, a lack of oil and gas acquisition opportunities.Formed with Nepcoe Capital Partners Ltd…
The Norwegian Petroleum Directorate (NPD) has completed its five-week seabed mineral research expedition on the Mohn Ridge in the northwestern Norwegian Sea, in cooperation with TIOS and using Island Offshore's Island Valliant vessel. The NPD…
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