BP has started production at the Platina field, located in the Angolan offshore, approximately 140 kilometres northeast of Luanda.
The International Maritime Organization (IMO) failed to revise the current greenhouse gas (GHG) target for 2050 to speed up the decarbonization of the shipping sector.
Norway-based Siem Offshore has secured another offshore wind contract for its multi-purpose support vessel (MPSV) Siem Dorado.
Seadrill has been awarded two contracts worth $549 million by Petrobras for the work on the Búzios field offshore Brazil.
Dutch shipping company JR Shipping has unveiled its ECO Feeder program, a series of new ship designs in the container feeder vessel segment.
Trade association RenewableUK has called out the UK government to give green hydrogen the opportunity to flourish and get to zero emissions faster.
OGA’s chairman insists on continuing North Sea exploration and describes it as vital to meet the UK’s energy needs, despite outcries to phase out fossil fuels.
Offshore oil and gas exploration projects are expected to double the growth of well intervention market, as operators seek to increase production from existing fields.
The pipeline end manifold (PLEM) structure, which is going to connect the Baltic Pipe with the Norwegian gas pipeline Europipe II, will soon be installed onto the seabed.
The Technical University of Denmark (DTU) and Aarhus University (AU) have teamed up on a research project that aims to optimise the efficiency of Crestwing’s wave energy converter.
President Biden ordered the release of oil from the nation’s Strategic Petroleum Reserve in an effort to address rising gas prices.
Amsterdam-based sustainable investment management company Prow Capital has launched a €420 million (about $474 million) green shipping fund.
Swedish power-to-fuel developer Liquid Wind has received €15 million ($16.9 million) for its FlagshipONE eMethanol fuel-producing facility from Swedish Climate Leap.
The European Investment Bank (EIB) has granted a €200 million loan facility to Nexans to support its role in the world’s energy transition and commitment to contribute to carbon neutrality by 2030.
