CWind, offshore wind crew transfer specialist, on Tuesday announced the delivery of what it described as "the world’s first hybrid-powered Surface Effect Ship (SES)," the CWind Pioneer crew transfer vessel.

UK-based oil company Premier Oil said Monday that all of the regulatory conditions relating to its merger with Chrysaor "have now been satisfied and all of the requisite anti-trust approvals have been received."

Uncrewed surface vehicle (USV) specialist HydroSurv Unmanned Survey has teamed up with marine technology specialist Sonardyne to develop and demonstrate what the companies say will be transformative seabed-to-shore sensing and data acquisition technologies for offshore operations.

Six oil and gas operators in The Netherlands, within the Nextep partnership, are working on a major campaign to decommission oil and gas wells as part of a single campaign. 

Norway's Equinor said Monday it has, with its partners, decided to shut down the Veslefrikk field in the Norwegian part of the North Sea in the spring of 2022.

UK-focused oil company Tailwind has reached a final investment decision (FID) on its Evelyn field project in the North sea, following approval by the UK oil and gas regulator OGA last week.

A total of 15 drilling rig contracts have been announced thus far in February, a number that is in line with year-ago levels, according to Evercore ISI’s latest Offshore Rig Market Snapshot.

Channel Capital Pty Ltd. (Channel), a leading Australian multi-affiliate investment management company servicing more than A$16 billion in assets, has established Channel Capital Cayman, an offshore governance services business based in the Cayman Islands.

Texas oil refineries shut by cold-weather disruptions may take several weeks to resume normal operations, industry experts said on Friday, helping to push up fuel prices.

Oil prices will rally sooner and higher than previously thought as the global energy demand recovery outpaces the supply response from the OPEC+ alliance, shale and Iran, according to Goldman Sachs Group Inc.