Aker BP is set for drilling operations in the Norwegian Sea with the Deepsea Nordkapp rig following approvals from the Norwegian authorities.
Romanian oil and gas company OMV Petrom is the winning bidder for an oil and gas exploration block located in the Black Sea, offshore Georgia.
A consortium led by South Korea’s Daewoo Engineering & Construction has won a contract to build a liquefied natural gas tank terminal in the Port of Ulsan. Daewoo E&C holds a 51 per cent of the consortium while compatriot SK E&C holds the remaining 49 per cent. Korea Energy Terminal (KET), a joint v
Minesto and its partner, electric utility SEV, are progressing their joint tidal energy demonstration project in Vestmannasund, Faroe Islands. With Minesto staff and hardware at the site, the installation work is at full speed to connect Minesto’s DG100 kite system to the Faroe Islands electricity g
Rever Offshore has completed a two-phase contract with energy major Total E&P UK. Beginning in late March, Rever Offshore undertook an onshore project management and engineering campaign, accompanied by an initial 41-day offshore operation and subsequent 10 day campaign, to conduct essential inspect
Earlier this month, the Senate of Bremen resolved to create comprehensive additional shore power supply facilities at the ports of Bremen.
Ocean Power Technologies (OPT) has launched its newest product, the hybrid PowerBuoy. Easily deployable and outfitted with multiple power sources the hybrid PowerBuoy power and communications platform is now ready for use. Ideal for shorter-term missions, it is suitable for a variety of marine solut
Hornbeck Offshore expects to emerge from bankruptcy in the coming few months following approval of its reorganization plan by a U.S. court.
A near-miss incident on the ExxonMobil-operated Hebron platform located offshore Canada has been reported to the Canadian offshore regulator.
The U.S. weekly offshore rig count has not changed over the last week, but it remains stuck at 11 units.
Australian independent Transborders Energy has signed a partnership deal with Dutch floating specialist SBM Offshore to develop FLNG projects. The partnership will pursue the deployment of Transborders’ FLNG solution on a range of stranded offshore gas resource opportunities, the Australian company
As the world looks to reach a cleaner future and stop relying on fossil fuels, we will need to replace this with other significant energy sources. Wind, sun and marine renewable energy, such as wave and tidal might help us reach this goal, but we will also have to take into account other building bl
Norway’s recent tax relief package for the oil and gas industry is expected to cut breakeven prices by 40 per cent, thereby boosting the country’s rig demand while the UK’s plunges.
More than 50 Singapore based startups to get liquidity boost
