All oil and gas articles
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Fugro cuts profit outlook because of ‘market conditions’
Dutch offshore data firm Fugro has blamed market conditions, particularly in oil and gas, for cutting its financial outlook for this year.
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Allseas launches ‘Grand Tour’ for offshore giants
The world’s largest offshore structures will be able to board Allseas’ new vessel when it’s delivered – expanding heavy-lift and towing capacity for offshore industry.
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OPINION: Can the growing SOV fleet meet demand?
Analysts with Spinergie, the France-based start-up that specialises in optimising marine operations through advanced analytics, AI and real-time monitoring, explain how growing offshore wind demand and renewed opportunities in oil and gas make SOVs critical.
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Oil giant BP enters offshore wind JV despite ‘reset’
Oil giant BP has finalised a joint venture in offshore wind, despite announcing cutbacks from renewables just 6 months ago.
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Ulstein converts wind vessel for oil and gas
Shipbuilder Ulstein will convert an existing Commissioning Service Operation Vessel into a Walk-to-Work vessel for unmanned production platform on the Norwegian continental shelf, it says.
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€Multi-billion offshore firms complete merger
Italian engineering giant Saipem and Luxembourg-domiciled offshore engineers and construction firm Subsea7 have officially merged to create ‘a global leader in energy services’.
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NextGeo expands with 75% stake in subsea firm
Marine geosciences and offshore construction firm Next Geosolutions (NextGeo) has bought three quarters of the Italian subsea intervention company Rana Subsea, it has said.
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Ultra-deep LARS systems contracted for Ulmatec
Norwegian maritime technology company Ulmatec has agreed a deal to supply four Launch and Recovery Systems (LARS) for two vessels in build at Vard by Island Offshore.
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Floating wind farms to power oil and gas
A joint venture will install a second floating wind farm to provide the power to electrify oil and gas platforms in the Scottish North Sea.
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First methanol-fuelled SOV launches
ESVAGT’s methanol SOV has hit the water in Turkey with another sister vessel on the way.
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Heavyweights set up JV for floating wind
Ørsted, Simply Blue Group and Subsea7 have set up the joint venture ‘Salamander’ to submit an application for a floating wind farm off the coast of northeast Scotland.
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Floating wind project will power oil and gas
A Norwegian consortium is working on a project to power a Barents Sea oil platform with electricity generated by floating offshore wind.