Prosafe's Safe Concordia Flotel on $12.7M Extended Stay in Gulf of Mexico

Petrobras Boosts 2023 Oil and Gas Production for 3.7%

Brazil's state-run oil company Petrobras has reached total oil and natural gas production of 2.78 MMboed in 2023, which is an increase of 3.7% from the production recorded a year before.

Equinor Files Application for Empire Wind 1 to New York Solicitation

Norway's Equinor has submitted a bid for ‘shovel-ready’ Empire Wind 1 offshore wind project to New York’s expedited fourth wind solicitation.

Seatrium Delivers Singapore’s First Membrane LNG Bunker Vessel

Seatrium has delivered Brassavola, Singapore’s first membrane LNG bunker vessel built locally by the group, to owner Indah Singa Maritime, a wholly-owned subsidiary of Mitsui O.S.K Lines (MOL).

TMC Compressors to Provide Equipment for Agogo FPSO

Malaysian FPSO leasing firm Yinson Production has appointed TMC Compressors to supply a large marine compressed air system for FPSO Agogo, which will be operated by Azule Energy, a BP-Eni joint venture, on a development offshore Angola.

Westwood: $353B in Pre-FID Offshore Wind Projects Could be at Risk

Out of the 380 GW of pre-sanctioned offshore wind capacity that is forecast to reach FID between 2024 and 2030, nearly 40% of the pipeline is considered to be at risk, according to the new research by Westwood Global Energy Group.

First Low-Carbon Floating Wind Installation Vessel Gets UK Funding

The UK government has awarded funding to a consortium led by Morek Engineering to design a new class of low-carbon installation vessel for the floating offshore wind market.

QatarEnergy Signs 15-year LNG Supply Deal with Excelerate Energy

QatarEnergy and Excelerate Energy have signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) for the supply of LNG from Qatar to Bangladesh.

Østensjø Rederi Sells Multipurpose Vessel Edda Fjord

Norwegian offshore vessel operator Østensjø Rederi announced it has sold the multipurpose vessel Edda Fjord to an undisclosed buyer.

BOEM and NOAA Release North Atlantic Right Whale and Offshore Wind Strategy

The US Bureau of Ocean Energy Management (BOEM) and the National Oceanic and Atmospheric Administration (NOAA) Fisheries have released a final joint strategy to protect and promote the recovery of endangered North Atlantic right whales while responsibly developing offshore wind energy.