EstLink 2, the electricity transmission link between Finland and Estonia that was damaged at the end of 2024, is set to return to commercial use on June 25, earlier than planned. Finnish transmission system operator (TSO) Fingrid reported to the authorities on December 25, 2024, the failure of Estli
SBM Offshore has struck a deal with GEPetrol to say goodbye to a floating production, storage, and offloading (FPSO) unit, which will enable it to take its leave from Equatorial Guinea.
Equinor has inked a multi-year gas sales agreement with Britain’s Centrica, which is expected to strengthen energy security in the United Kingdom (UK).
Petrobras has taken steps to secure offshore assets in Côte d’Ivoire, also known as Ivory Coast, by handing over a declaration of interest for exploration blocks in this country, which is located on the west coast of Africa.
New European Offshore (NEO Energy) is set on expanding its oil and gas portfolio by picking up a new addition, thanks to Canada’s Gran Tierra Energy, which has taken steps to offload its UK subsidiary, Gran Tierra North Sea Limited (GTNSL), which holds an interest in an oil discovery.
MODEC has joined forces with the UK-headquartered Carbon Clean Solutions to explore opportunities for accelerated development and deployment of offshore carbon capture technology on floating production, storage, and offloading (FPSO) units to curb the carbon footprint from operations.
Hong Kong-based shipowner Wah Kwong has established a new subsidiary dedicated to the procurement and trading of clean fuels as part of its broader strategy to diversify and advance clean energy solutions for the maritime industry.
Transocean has landed a new contract extension for one of its semi-submersible rigs, which is working off the coast of Norway.
Offshore pipeline installation, heavy lift, and subsea construction contractor Allseas has launched a five-year plan to pioneer nuclear technology to optimize operations for energy-intensive offshore vessels and industrial clusters. Describing nuclear as “the next frontier”, the company noted that t
Glenfarne Alaska LNG, a subsidiary of Glenfarne Group and a majority owner and lead developer of a joint venture with the State of Alaska’s Alaska Gasline Development Corporation, has wrapped up the first round of its strategic partner selection process related to a liquefied natural gas (LNG) expor
AFC Energy, a UK-based provider of hydrogen power generation technologies, has signed a joint development agreement (JDA) with an undisclosed industrial S&P 500 company to develop a range of small to large-scale ammonia crackers for hydrogen production using its proprietary modular ammonia cracking
TotalEnergies has set the wheels in motion to transfer its non-operated interest in a deepwater development project in the pre-salt area of the Santos Basin to Shell in exchange for the latter’s partial stake in its producing field off the coast of Brazil.
Aberdeen-based Fennex has won a multi-year contract with EnQuest which enables the Scottish company to deploy its AI-powered safety management solution across the latter’s operated UK offshore assets and its oil and gas terminal in the Shetland Islands, Scotland.
Thanks to a memorandum of understanding (MoU) with the government of Ghana, Tullow Oil, Kosmos Energy, PetroSA, Ghana National Petroleum Company (GNPC), and Explorco have signed on the dotted line to prolong the production lifespan of two fields off the coast of Ghana, with an extension of productio
