BOEM reinstates results of Gulf of Mexico oil and gas lease sale
Complying with a mandate in the Inflation Reduction Act, the Bureau of Ocean Energy Management (BOEM) has accepted 307 highest valid bids from oil and gas Lease Sale 257 in the Gulf
Oil & Gas
NOIA praises Manchin’s Inflation Reduction Act provisions
When President Biden signed the Inflation Reduction Act into law, among those coming away from the ceremony with a signing pen as a souvenir was Sen. Joe Manchin (D-W.Va.), who cosponsored the
Green Yard Kleven to convert two PSVs for ROV support
Brazilian subsea specialist Oceânica has signed a contract that will see Norway’s Green Yard Kleven convert two platform supply vessels (PSV) for operations in Brazil with ROVs and offshore cranes. The vessels
Keppel O&M wins $2.9 billion newbuild FPSO contract
Petroleo Brasileiro S.A (Petrobras) has awarded Keppel Offshore & Marine’s Keppel Shipyard subsidiary in Singapore has won an approximately US$2.9 billion order from for the engineering, procurement and construction (EPC) of the
Maersk Supply Service wins Brazil FPSO contract
Maersk Supply Service has been awarded a contract on behalf of Shell Brasil for the mooring line remediation of the Floating Production Storage and Offloading (FPSO) Fluminense, located off the coast of
Inflation Reduction Act: Good news for offshore
Legislation that started life as “The Build Back Better Act” is now headed for likely passage by the House as “The Inflation Reduction Act” and there looks to be a lot in
EMAR Offshore adds two Damen Fast Crew Suppliers to its fleet
Netherlands-based EMAR Offshore Services BV, has bought two built-for-stock Damen FCS 2206 Fast Crew Suppliers. The first, the E-Six, has already begun operations in Angola supporting the local oil and gas industry,
Tidewater CEO sees happy days near again
Houston-headquartered offshore services giant Tidewater Inc. (NYSE:TDW) today reported second quarter results that saw revenues sharply up and losses reduced. “We believe the second quarter of 2022 marks the inflection point in
Keppel AmFELS and Keppel Shipyard each book FPU contracts
Keppel Offshore & Marine Ltd’s wholly-owned subsidiaries, Keppel AmFELS, Inc., in Brownsville, Texas, and Keppel Shipyard Ltd, in Singapore, have been awarded contracts worth around SGD 75 million (about US$55 million) for
Interior releases proposed 5-year offshore oil and gas lease sales program
The U.S. Department of the Interior chose the Friday of the July 4 weekend to release its proposed program for the National Outer Continental Shelf Oil and Gas Leasing Program (National OCS