Following a collision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea, the UK’s Maritime and Coastguard Agency has maintained that it does not foresee a damaging pollution effect from the tanker.
South Korean Taihan Cable & Solution has signed a framework agreement with UK power transmission and distribution company National Grid UK for high-voltage direct current (HVDC) cable systems, securing participation opportunities in projects valued at approximately £21.3 billion over up to eight yea
ConocoPhillips has penciled in the start of seabed surveys next month to find drilling locations for its upcoming Otway exploration drilling program (OEDP), envisioned to discover more Australian gas with a semi-submersible rig owned by Transocean, a Switzerland-based offshore drilling contractor.
Denmark-headquartered power cable manufacturer and installation company NKT has achieved one of the final milestones for Greece’s Attica-Crete power cable project with the completion of the site acceptance test. Described as the largest electricity transmission project in Greece, with a budget excee
Energean has spotted potential clouds that are gathering on the divestment horizon for its portfolio in Egypt, Italy, and Croatia with an enterprise value (EV) of up to $945 million, of which $820 million is firm.
Australian wave energy company WaveX is seeking a SEED investment round to fund the next development phase, aiming to scale up its wave energy technology. The company plans to deploy a large-scale steel prototype in southern Western Australia to demonstrate consistent and reliable electricity produc
Helix Robotics Solutions, the robotics division of U.S.-headquartered offshore energy services provider Helix Energy Solutions Group, has secured a contract with Italian cable systems giant Prysmian for its T1400-2 trencher. The contract will see the trencher perform post-installation cable burial o
CNOOC has brought on stream two oilfield projects off the coast of China, with the help of so-called intelligent technologies, which are said to unlock the doors of low-emission hydrocarbon development.
Following a years-long hiatus, a multibillion-dollar liquefied natural gas (LNG) project off the coast of Mozambique is shaking the rust off its development by getting back on track with a loan of nearly $5 billion secured from the newly appointed board of the Export-Import Bank of the United States
Kongsberg Maritime has won a new design and equipment assignment for two multipurpose subsea vessels envisioned to be methanol-ready dual-fuel ships, sporting battery hybrid technology, which are set to be built for multiple purposes and optimized for advanced offshore operations under rough conditi
Joint venture (JV) partners, Canada’s CGX Energy and Frontera Energy, have called on the Guyanese government to engage in talks and iron out the issues surrounding a license in the Corentyne block off the coast of Guyana.
OKEA and Aker BP have struck a deal, which enables the former to get an interest in a prospect the latter is contemplating to drill with the aim of finding more hydrocarbons in the North Sea off the coast of Norway.
ExxonMobil is buoyed by the possibility of cutting seismic processing time from months to weeks with 4D seismic technology, in combination with high-performance computing (HPC), which will bolster the firm’s subsurface capabilities.
Danish wave energy firm Wavepiston has secured a €900,000 investment from two professional investors through The Blue Line, a Dutch joint venture (JV) company. The Blue Line is backed by Connect the Drops, a Dutch investment fund focused on the water sector, and Unknown Group, a venture capital firm
