Following the UK’s decision to retain its current fiscal and regulatory regime regarding Britain’s oil and gas policy, Aberdeen-based full-cycle energy business NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are expected to gather together to determine their next steps for a proposed oil redevelopment project in the North Sea on the UK Continental Shelf (UKCS). The post Future of North Sea oil project may be up in the air as trio contemplates UK tax policy’s impact appeared first on Offshore Energy.

As the dust continues to settle over the United Kingdom (UK) government’s decision to retain the energy profits levy (EPL), known as the windfall tax on oil and gas profits, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has expressed its dissatisfaction with the move it portrays as a bitter blow to the UK’s energy workers and industry players. The post £50 billion going down the drain as UK keeps oil & gas windfall tax in place appeared first on Offshore Energy.

Dutch geo-data specialist Fugro has taken a step to expand its footprint in Southeast Asia with the launch of its new remote operations center (ROC) in Malaysia’s Kuala Lumpur, which is anticipated to enable the Netherlands-headquartered giant’s personnel to control offshore survey operations remotely. The post Fugro fortifies Asian presence by setting up remote operations shop in Malaysia appeared first on Offshore Energy.

Føn Energy Services has secured a five-year contract to provide inspection, repair and maintenance […] The post Føn Energy Services wins five-year maintenance and survey deal for six Dutch offshore wind farms appeared first on Offshore Energy.

Irish transmission system operator (TSO) EirGrid has completed the first phase of marine and […] The post EirGrid completes first phase of surveys at Ireland’s 900 MW offshore wind area appeared first on Offshore Energy.

Global Underwater Hub (GUH), the trade and development body representing the UK’s multibillion-dollar subsea sector, has undertaken a new study for the nation’s underwater sectors, which emphasizes that frequent delays to offshore energy and infrastructure projects threaten the viability of Great Britain’s supply chain. The post UK underwater market hits £9.4 billion: Project delays place offshore energy supply chain at risk appeared first on Offshore Energy.

Damen Shipyards Group, a Dutch shipbuilding giant, has been tasked with bringing to life a new multi-purpose accommodation support vessel (MP-ASV) for Windcat, a part of CMB.TECH, said to be one of the world’s largest listed, diversified, and future-proof maritime groups, with a fleet of about 250 vessels. An option to build five additional ships of this type is also on the Dutch shipbuilder’s table. The post Damen in charge of forging subsea crane-endowed multi-purpose vessel with five more on the cards appeared first on Offshore Energy.

U.S. offshore engineering and construction player McDermott has put the finishing touches on an assignment, encompassing multiple natural gas fields, which Sarawak Shell, a subsidiary of the UK-headquartered energy giant Shell, operates off the coast of Malaysia. The post McDermott crosses the finish line for subsea gig at Shell’s gas project appeared first on Offshore Energy.

With another liquefied natural gas (LNG) offtake deal in the bag, the U.S. export project developer Venture Global has secured its fourth multi-year contract with a Japanese company. The post More US LNG going to Japan: Venture Global and Tokyo Gas shake hands on 20-year offtake appeared first on Offshore Energy.