Shell has made a final investment decision (FID) for a deepwater oil and gas project off the coast of Nigeria, which will be developed as a subsea tie-back to an existing floating production, storage, and offloading (FPSO) unit.
Finnish technology heavyweight Wärtsilä is set to divest its Automation, Navigation and Control System (ANCS) business to the Swedish investment company Solix Group AB. Pending formal approvals, the transaction is expected to be completed in the second quarter of 2025. ANCS—which was acquired by Wär
Petrobras is looking forward to welcoming the fifth addition to its huge oil field off the coast of Brazil once a floating production, storage, and offloading (FPSO) vessel, which left a Chinese shipyard to embark on a miles-long journey toward the pre-salt layer of the Santos Basin, arrives to achi
Constellation Oil Services has won a new multi-year assignment off the coast of Brazil for one of the drillships in its rig fleet with the state-owned energy giant Petrobras.
Geoquip Marine, a provider of offshore geotechnical solutions, has added a new vessel to its fleet, currently undergoing conversion from a platform supply vessel (PSV) into a geotechnical services platform. As part of the conversion in Norway, Geoquip Silvretta, originally built as a PSV by Green Ya
Boskalis has set the seal on its assignment at a giant $12.5 billion energy project, which is on track to achieve its first liquefied natural gas (LNG) cargo in 2026 off the coast of Western Australia.
Carbon capture and storage (CCS) is seen as a bridge to help the world wean off carbon fuels. With that in mind, this developing technology is not going to be temporary and is definitely going to happen on a large scale. To reach that as quickly as possible, we need regulations, licensing, a supply
Equinor has struck oil and gas once again in an area where previous commercial discoveries were made, putting tie-back to existing infrastructure on the table as a development option to combine the recent discoveries.
Fugro is performing a comprehensive ground investigation offshore Belgium for a new CO2 highway developed by Norwegian state-owned energy giant Equinor which will be used for transporting CO2 between mainland Europe and Norway. Fugro said its data acquisition will allow Equinor to quickly calculate
Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has signed a new long-term sale and purchase agreement (SPA) with aluminum producer Alcoa of Australia to supply natural gas from its Western Australian (WA) assets.
Equinor has found shallow gas during drilling activities with an Odfjell Drilling-owned semi-submersible rig at a well in the Norwegian Sea off the coast of Norway.
The UK’s underwater industry has grown from £8 billion to £9.2 billion in the last 12 months, now supporting over 51,000 jobs. Thereby, the Global Underwater Hub (GUH) has called on the UK Government to recognize the scale and potential of the industry and to deliver an industrial strategy to boost
Talos Energy has made arrangements to divest more interest in its subsidiary, Talos Mexico, which holds an interest in a giant oil field off Mexico, to Zamajal, a subsidiary of the Mexico-headquartered Grupo Carso conglomerate.
BP and ADNOC, through its recently established investment arm, XRG, have given birth to Arcius Energy, a new regional gas platform, with an initial focus on the development of gas assets in Egypt.
