Offshore drilling contractor Valaris Limited (NYSE: VAL) reports that it has exercised its options and taken delivery of newbuild drillships Valaris DS-13 and DS-14 for an aggregate purchase price of approximately $337
Yesterday’s Gulf of Mexico Oil and Gas Lease Sale 261 generated $382,168,507 in high bids for 311 tracts covering 1.7 million acres in federal waters of the Gulf of Mexico. A total
In what the American Petroleum Institute (API) slams as “a step in the wrong direction,” the Bureau of Ocean Energy Management has now published the final 2024–2029 National Outer Continental Shelf Oil
Haugesund, Norway, headquartered Edda Wind ASA reports that it has secured green term loan financing for the four newbuild commissioning service operation vessels (CSOVs) that it ordered at Fincantieri’s Norwegian-based subsidiary Vard
As previously announced, offshore driller Seadrill Limited (NYSE & OSE: SDRL) has decided to close its London, England, office and consolidate its corporate office in Houston. Someone who won’t be making the
Back in September 2022, Crowley was among the companies contributing to a funding round that raised $6 million for Los Angeles based onboard carbon capture and storage start-up Carbon Ridge Inc. Now,
Norway’s Ulstein Verft AS has ordered two sets of three MAN 12V175D-MEV methanol ready engines for two CSOVs (commissioning service operation vessels) currently under construction for Bernhard Schulte Offshore (BS Offshore). The
In a clutch of announcements today, the Bureau of Ocean Energy Management (BOEM) said that it has completed its environmental review of the proposed Sunrise Wind energy project, is proposing an offshore
Fincantieri reports that its Norwegian subsidiary Vard has signed a contract worth more than $200 million to design and construct a hybrid-powered cable-laying and construction vessel for Japan’s Toyo Construction. The hull
New York Gov. Kathy Hochul announced on December 6 the successful delivery of clean power to Long Island from the first operational wind turbine at Ørsted and Eversource’s South Fork Wind The