Norwegian offshore supply vessel owner DOF Group has secured a contract with Petrobras for two of its anchor handling tug supply (AHTS) vessels. The two contracts, with a combined value …
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Global energy technology company SLB has acquired Stimline Digital, a cloud-based software company for the energy sector specializing in well intervention. Stimline Digital’s IDEX platform provides operators with a powerful …
Malaysia-based offshore services firm Sapura Energy has officially changed its name to Vantris Energy, to reflect the cumulative effort the company has made in its corporate transformation. This name change …
Exxon Mobil, the United States' biggest oil producer, beat Wall Street estimates for second-quarter profit on Friday as higher oil and gas output and low production costs offset the impact …
Chevron beat analyst estimates for second-quarter profit on Friday as record oil and gas production and lower capital expenditure helped the U.S. oil producer boost earnings despite weaker crude prices. …
Triton, a European mid-market investment company, has completed the acquisition of MacGregor from previous owner Hiab, formerly Cargotec. The transaction between Triton and Hiab, first announced in November 2024, was …
Italian energy contractor Saipem has completed the installation of the subsea pipeline for the Irpa project, developed by Equinor in the Norwegian Sea. Offshore operations were carried out by the …
Dutch geological data specialist Fugro has been selected to deliver extensive offshore and onshore surveys for multiple major energy field developments in the Middle East. Fugro has recently been awarded …
Oil and gas firm Rhino Resources and its partners have spudded the Volans-1X exploration well in PEL85 license, offshore Namibia, using Odfjell Drilling-managed Deepsea Mira semi-submersible rig. Drilled by the …
The Ministry of Petroleum and Mineral Resources of Egypt has signed an agreement with Eni and BP to launch oil and gas exploration activities in the Mediterranean Sea. The agreement …
The Scottish Government has granted consent and marine licenses for SSE Renewables’ 4.1 GW Berwick Bank offshore wind farm, which could become the world’s largest offshore wind farm. The Section …
French subsea power cable maker and services provider Nexans has formed partnership with Crowley Wind Services to develop and operate a Jones Act compliant cable lay barge. The cable lay …
Oxford Flow has started commercial trials of its stemless control valve with ADNOC, marking a major step forward in industrial decarbonization across one of the world’s leading energy producers. The …
Four jacket foundations have departed from Navantia Seanergies’ facilities in Fene, Spain, towards the 496 MW Dieppe Le Tréport offshore wind farm being built in France. Each of these 1,200-tonne …
Energy industry services firm EnerMech has been awarded a two-year contract extension by BP Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the …
Abu Dhabi state-owned renewables company Masdar reported a 2024 profit of 412 million dirhams ($112.18 million) on Thursday, reversing a 44-million-dirham net loss recorded the previous year. The company's total …
MODEC has received an Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its floating wind turbine concept, the i-TLP2. With its tension leg platform (TLP)-oriented features, …
Italian offshore services provider Next Geosolutions (NextGeo) has secured two new contracts from Prysmian, worth $23.5 million, to deliver its services for Bay of Biscay interconnection project and offshore wind …
British gas producer Energean has taken the final decision to invest in the Irena gas field in the North Adriatic Sea off Croatia, it said on Wednesday. The gas field …
Shell's second-quarter adjusted earnings, its definition of net profit, tumbled by almost a third on Thursday, dragged down by a drop in oil prices, but still easily beat analysts' forecasts. …
Japan's industry and land ministers on Wednesday designated Matsumae and Hiyama, areas off the northern island of Hokkaido, as promotion zones for upcoming offshore wind power auctions, aiming to bolster …
Azule Energy, a joint venture between BP and Eni, has started producing oil through the Agogo floating production, storage and offloading (FPSO) unit, operating at the Agogo Integrated West Hub …
The US Bureau of Ocean Energy Management (BOEM) has rescinded all designated Wind Energy Areas (WEAs) on the U.S. Outer Continental Shelf (OCS). BOEM says the action is being taken …
British gas producer Energean has taken the final decision to invest in the Irena gas field in the North Adriatic Sea off Croatia, it said on Wednesday. The gas field …
Nippon Steel signed a cooperation memorandum with Denmark's wind turbine maker Vestas Wind Systems on Wednesday to supply steel for Vestas' wind towers for European, Asian and Japanese markets, Japan's …
Japan's industry and land ministers on Wednesday designated Matsumae and Hiyama, areas off the northern island of Hokkaido, as promotion zones for upcoming offshore wind power auctions, aiming to bolster …
U.S.-based subsea services and technology firm Oceaneering has completed a major upgrade of its Ocean Intervention II oceanographic research vessel, equipping it to perform simultaneous autonomous offshore survey missions. The …
Blue Water Suriname has secured rig agency and logistics contract for Noble Corporation’s Noble Developer rig, which is engaged on drilling operation for Petronas offshore Suriname. Blue Water team in …
Aker BP has exercised the option for the extension period under the existing contract with Saipem for the semi‑submersible drilling rig Scarabeo 8. The option, which is direct continuation of …
U.K.-based oil and gas firm Serica Energy has revised its production outlook for 2025, following the delays with the ramp-up to steady production of Triton floating production, storage and offloading …
The merger between Repsol Resources UK and NEO Energy has been completed, creating NEO NEXT Energy as one of the largest producers on the UK Continental Shelf (UKCS). The joint …
Global energy technology company SLB has introduced the OnWave autonomous logging platform, said to enable more efficient and reliable acquisition of formation evaluation measurements in any well condition. This first-of-its-kind …
Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies, including The Port of Nigg, to long term investor, Mitsui & Co. Europe …
Tullow Oil has completed the sale of its assets in Gabon to the Gabon Oil Company (GOC) for $307 million, exiting the African country after 21 years of operations. The …
India’s Oil and Natural Gas Corporation (ONGC), BP Exploration (Alpha), and Reliance Industries (RIL) have signed a joint operating agreement (JOA) to explore offshore Block GS-OSHP-2022/2 in India’s Saurashtra Basin. …
Autonomous subsea robotics and software solutions specialist Nauticus Robotics has signed a master services agreement (MSA) with Advanced Ocean Systems (AOS), forming a strategic alliance seeks to accelerate the integration …
A powerful magnitude 8.8 earthquake off Russia's Far Eastern Kamchatka Peninsula triggered tsunami waves of up to 5 metres (16 feet) and sparked evacuation orders in Hawaii and across the …
Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy. Once hindered by …
Kongsberg Maritime has signed a development program framework agreement with Noble Corporation, marking a key step forward in the co-development of advanced marine technologies for the offshore drilling sector. The …
Texas-based oilfield services company Weatherford has secured a significant contract to deliver Managed Pressure Drilling (MPD) services for the Trion project, a deepwater oil production project in Mexico operated by …
Ocean Winds, a 50-50 joint venture in 2020 by EDP Renewables and ENGIE, has entered into a key agreement with Siemens Gamesa for the supply of 14 MW wind turbines …
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at a new gas field, located in the Yinggehai Basin, offshore China. The dongfang 1-1 …
Chubu Electric Power said on Tuesday its C-Tech unit is still reviewing the feasibility of domestic offshore wind projects with its partner and aims to complete the assessment around this …
The 50-50 consortium between Allseas and Boskalis has been awarded a large contract by CPC Corporation Taiwan for the second offshore gas pipeline from Yongan to Tongxiao (YT2) in Taiwan. …
Oil and gas firm Chrysaor, acquired by Harbour Energy in 2021, has been fined over $200,000 for exceeding its vent consent by more than half the permitted amount and failing …
Subsea cable services company Asso.subsea has secured the nearshore cable installation contract for three key projects under TenneT’s 2 GW grid program, including BalWin4, LanWin1, and LanWin5. The projects are …
Onshore wave energy technology firm Eco Wave Power has completed the installation of floaters for its first U.S. wave energy project at the Port of Los Angeles. With this critical …
Thailand’s state-backed energy firm PTT Exploration and Production (PTTEP) has acquired 50% of Block A-18 in the Malaysia–Thailand Joint Development Area (MTJDA) through a $450 million deal with Chevron's subsidiaries. …
Woodside has agreed to assume operatorship of the Australian Bass Strait assets that it shares with ExxonMobil and plans to develop additional gas resources using existing infrastructure there. Woodside will …
Arabian Drilling, Saudi Arabia’s largest drilling contractor by fleet size, has signed a contract with a GCC-based company for its first offshore operation outside Saudi Arabia. The deal, signed with …
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