Aker BP has found no hydrocarbons in the Norwegian Sea, following drilling activities conducted by one of Saipem’s semi-submersible rigs off the coast of Norway.
Equinor has portrayed electrification as the key measure to curb greenhouse gas (GHG) emissions from oil and gas production, paving the way to move forward with the energy transition journey to a low-carbon and zero-emission era.
Brazil’s energy giant Petrobras has signed two credit notes and a memorandum of understanding (MoU) with the Banco do Brasil (BB) aiming to fund and promote initiatives related to sustainability and energy transition.
With the first legal stone cast at the reversal of ocean protections, the Trump administration is facing its initial environmental challenge from groups concerned about the threats stemming from steps taken to spur offshore drilling zest for a new era of oil and gas rush.
Wood is staying for two more years on duty with Shell, thanks to a contract extension, which covers the British oil major’s onshore and offshore portfolio in the United Kingdom.
Inpex has confirmed the setting of the stage for a miles-long journey, which Heerema Marine Contractors and its heavy lift vessel will undertake to bring a liquefied natural gas (LNG) booster compression module (BCM) from Indonesia to Australian waters, where it will be installed to augment producti
Three Norway-based offshore energy vessel and service providers, Eidesvik, Agalas and Reach Subsea, are building a new construction support vessel (CSV) for subsea and offshore wind operations. The vessel will be two-thirds owned by an entity owned by Eidesvik and Agalas, controlled by Eidesvik, and
Following a power outage, NKT has restored to working order a cross-border interconnector, which connects the electricity markets of the UK and the Netherlands via subsea cable.
Hydrogenious LOHC Technologies has restructured its management and raised over €17 million to support the implementation of its planned projects and the further scaling of its technology.
The Nord Stream 2 gas pipeline that connects Russia and Germany through the Baltic Sea suffered damage in September 2022 following an explosion. StreamTec Solutions, a company formed from the management team of the Nord Stream pipelines, has conducted research on the current condition of Nord Stream
Seatrium has emerged as the winner in an international tender from International Maritime Industries (IMI), said to be the largest shipyard in the Middle East and North Africa (MENA) region, for the supply of equipment and license for jack-up rig destined to work in the Middle East.
Following its French counterpart CMA CGM, Swiss shipping and logistics giant MSC has also decided to invest in the development of a container terminal at Nador West Med port in Morocco.
Yinson Production has held a naming and sailaway ceremony for an FPSO destined to operate off the coast of Angola, which is said to be the first of its kind that has been equipped with a post-combustion carbon capture pilot system to decarbonize operations.
Global Underwater Hub (GUH) and Scottish Enterprise have signed a memorandum of understanding (MoU) to collaborate on establishing a subsea supply chain ecosystem as a global centre of excellence for floating wind. The partners said on February 18 that the floating wind market was estimated to be wo
