Shelf Drilling (SHLF) has shed more light on the latest developments across its rig fleet, confirming the arrival of two jack-ups in West Africa and the start of drilling work in Norwegian waters for another unit.
An ultra-deepwater drillship, owned by Transocean, has kicked off its assignment with BP in the Gulf of America, formerly the U.S. Gulf of Mexico.
The Nordic Investment Bank (NIB), a Finland-based financial institution of the Nordic and Baltic countries, has signed a 10-year loan agreement with compatriot shipowner ESL Shipping to finance the construction of four IA ice-classed green Handysize ships.
Dutch geo-data specialist Fugro is sending an uncrewed surface vessel (USV), said to be the largest one in its fleet, on a seabed data acquisition mission in the North Sea, which will enable Norway’s MAREANO seabed mapping program to tuck a new first under its belt with the first USV technology fora
Terna and IPTO have taken steps to move forward with a new high-voltage direct current (HVDC) link between Italy and Greece to strengthen regional cooperation, boost energy security, and put the wind in Europe’s transition to greener sources of supply.
Shell, BP, TotalEnergies, Equinor, Eni, ExxonMobil, Chevron, and ConocoPhillips have managed to come on top yet again, displaying the resilience of the energy sector with performance and quarterly results that show a combined profit of about $29 billion.
TotalEnergies is making strides in the development of the first-ever offshore oil field in Suriname. Progress has also been achieved in the construction of a floating production, storage, and offloading (FPSO) vessel destined for this project.
Pemex has undertaken repair work at a pipeline, which is connected to its oil platform off the coast of Mexico, to address leaks and prevent hydrocarbon presence on the North American country’s coast.
Yinson Production has confirmed a brief stopover in Namibia, following which its floating production, storage, and offloading (FPSO) vessel, sporting carbon capture technology to decarbonize operations, is slated to reach Angolan waters in mid-May 2025.
Kinetics, a new company launched by Turkiye’s Karpowership specializing in floating LNG assets and renewable energy, has made a strategic investment in Power to Hydrogen, a U.S.-based manufacturer of anion exchange membrane (AEM) electrolyzers, to support innovation and decarbonization in the energy
Ariadne Interconnection, a subsidiary of Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), has confirmed the beginning of trial operations at a subsea interconnection development between the island of Crete and the Greek mainland, described as the larg
Trendsetter Engineering has tucked a new milestone under its belt with the first delivery of its flagship 20,000 psi (20K) intervention system, which has been deployed from Transocean’s drillship at a deepwater oil project operated by the U.S.-headquartered Beacon Offshore Energy in the Gulf of Amer
Sulzer has pointed out the operators’ need to pursue decarbonization tools to ensure cleaner production and more efficient operations, maximizing productivity and enhancing sustainability to tackle the climate change ticking time bomb and come to grips with energy security challenges.
Norway-based energy data and intelligence player TGS has reported a ramp-up in acquisition activity within Northern Europe, keeping the firm occupied during the summer season.
