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Business & FinanceBusiness Developments & ProjectsGreen MarineInnovationOutlook & StrategyTechnologyVesselsExploration & ProductionAuthorities & GovernmentRegulation & PolicyRules & RegulationProject & TendersVisionInfrastructureTransition
James Fisher invests in firm behind ‘world’s only autonomous underwater and surface vehicle’
Business & Finance

James Fisher invests in firm behind ‘world’s only autonomous underwater and surface vehicle’

James Fisher and Sons is investing in a U.S.-based autonomous marine technology company to support the development and deployment of what is said to be the world’s first and only wind and solar-powered autonomous underwater and surface vehicle (AUSV). James Fisher announced it was investing a strate

about 6 months ago
An offshore rig
Business Developments & Projects

Murphy finds non-commercial hydrocarbons in Africa: Offshore drilling ops set to continue

Houston-based oil and gas company Murphy Oil has encountered non-commercial hydrocarbons during drilling activities at a well off the coast of Côte d’Ivoire on the southern coast of West Africa.

about 6 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Authorities & Government

Scotland backs North Sea oil & gas development and extraction, poll shows

In the wake of rising job losses across the oil and gas sector, nearly six in ten voters across Scotland have thrown their support behind the full development and extraction of North Sea oil and gas, according to new Scotland-wide polling.

about 6 months ago
Noble Viking drillship; Source: Noble Corporation
Business Developments & Projects

Philippines strikes ‘breakthrough’ offshore gas discovery

Prime Energy Resources Development (Prime Energy), a subsidiary of Prime Infrastructure Capital, has made a natural gas discovery, described as the first major gas find in more than ten years off the coast of the Philippines.

about 6 months ago
FPSO; Source: MODEC
Business & Finance

MODEC places FPSO gig in DOF’s hands for ExxonMobil’s oil project offshore Guyana

DOF has secured a new assignment with Japan’s MODEC for a floating production, storage, and offloading (FPSO) vessel, which will work at an oil project operated by ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, off the coast of Guyana.

about 6 months ago
After Beam, Swiss technology group buys German subsea firm
Business & Finance

After Beam, Swiss technology group buys German subsea firm

Swiss technology group Rosenxt Group is looking to strengthen its subsea capabilities with the acquisition of a Germany-headquartered provider of ocean bottom seismometers (OBS) and subsea monitoring technology. The combination of Rosenxt’s experience in asset integrity with K.U.M. Umwelt- und Meere

about 6 months ago
FPSO Cidade de Campos dos Goytacazes; Source: MODEC
Business & Finance

Brava Energia snaps up Petronas’ stakes in two Brazilian fields for $450 million

Brava Energia has set the wheels in motion to expand its footprint in the Campos Basin by acquiring interests Petronas Petróleo Brasil Ltda. (PPBL), a subsidiary of Malaysia’s energy giant Petronas, holds in two fields off the coast of Brazil.

about 6 months ago
Rendering of Texas LNG project; Source: Texas LNG, a subsidiary of Glenfarne Energy Transition
Business & Finance

20-year offtake deal with RWE in Texas LNG project’s bag

Texas LNG Brownsville, part of Glenfarne Group, has landed a new multi-year deal with RWE Supply & Trading, one of Europe’s energy companies, for liquefied natural gas (LNG) to be supplied from its export facility planned to be constructed in the Port of Brownsville, Texas.

about 6 months ago
Eco Wave Power’s pilot in Israel delivers strong performance in December
Business & Finance

Eco Wave Power’s pilot in Israel delivers strong performance in December

Eco Wave Power’s wave energy project at Jaffa Port in Israel has shown strong wave energy production performance during December, which the company says further demonstrates the system’s ability to generate energy reliably under real-world sea conditions and provide valuable operational data support

about 6 months ago
FSO Suksan Salamander; Source: Samos Energy
Business & Finance

Altera Infrastructure parts ways with FSO deployed on Asian oil field

Altera Infrastructure has struck a deal with Samos Energy Group, an energy investor, to divest a floating storage and offloading (FSO) unit, which is working at an oil field off the coast of Thailand, Southeast Asia.

about 6 months ago
Illustration; Source: NKT
Authorities & Government

NKT and SSEN Transmission sign final contracts for Scottish HVDC transmission links

Danish power cable manufacturer and installation firm NKT has been awarded the final contracts for two Scottish HVDC transmission links that are part of a major upgrade to the electricity transmission network across the north of Scotland. NKT and SSEN Transmission confirmed their partnership to deve

about 6 months ago
BW Nivalis and BW Borealis LNG vessels; Source: BW LNG
Business & Finance

BW LNG names newbuild vessel pair at Hanwha Ocean’s shipyard

BW LNG, part of BW Group, has held a naming ceremony for two new liquefied natural gas (LNG) vessels at a shipyard in South Korea, Asia.

about 6 months ago
Ulstein building two 130-meter CLVs for OMS Group
Business & Finance

Ulstein building two 130-meter CLVs for OMS Group

Norway-headquartered subsea services provider OMS Group has signed contracts with Norwegian shipbuilder Ulstein for the design and construction of two cable-laying vessels (CLVs). Designed by Ulstein Design & Solutions, the ULSTEIN SX252 vessels will be 130 meters long and 22 meters wide and will ha

about 6 months ago
COSL Innovator rig; Source: COSL
Authorities & Government

Another oil discovery emerges from Norwegian waters

Norway’s state-owned energy giant Equinor has made a new oil discovery in the Norwegian Sea, using one of COSL Drilling Europe’s semi-submersible rigs.

about 6 months ago
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