Beach Energy has started production from two wells in the Otway Basin in Commonwealth waters, approximately 65 km southwest of the Victorian coastline.
Norwegian marine geoscience and technology company Shearwater GeoServices has secured its second contract with French energy giant TotalEnergies for a project offshore Angola. The project will include a three-month deepwater ocean bottom node (OBN) survey covering the Golfinho and Cameia fields, loc
Techouse is pooling resources with multiple energy companies, including TotalEnergies and Equinor, alongside SINTEF Energy Research, to develop and test a joint industry project (JIP), which aims to change the oil and gas industry’s mind about retrofitting offshore power generation with combined cyc
DEME has been awarded a contract to carry out the transport and installation of inter-array cables and secondary steel for the 800 MW OranjeWind offshore wind farm in the Netherlands. Scheduled to start in the second half of 2026, DEME will deploy offshore and cable installation vessels, a hopper dr
UK-based and AIM-listed Sunda Energy, former Baron Oil, has disclosed a new timeline for the drilling of an appraisal well at a gas field off the coast of Timor-Leste.
The legal battle that may decide the fate of two of the largest undeveloped oil and gas fields off the coast of the United Kingdom (UK) is fast approaching with less than three weeks left until the set date.
SBM Offshore has offloaded a minority stake in a floating production, storage, and offloading (FPSO) vessel, which is working on Petrobras’ giant oil field in the Santos Basin off the coast of Brazil.
Norwegian oil and gas company OKEA has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off the coast of Norway.
Shelf Drilling has now received the Norwegian offshore safety regulator’s stamp of approval after the watchdog’s initial rejection of its application to obtain an acknowledgment of compliance (AoC) for one of its jack-up rigs, which is gearing up for work on the Norwegian Continental Shelf (NCS) wit
UK-based Inyanga Marine Energy Group has launched a crowdfunding campaign to support the expansion of its patented tidal energy technology, HydroWing, after landing $53 million in major tidal energy projects. According to Inyanga Marine Energy, the crowdfunding round, launched in partnership with Cr
In a little more than five years, renewable energy targets set for 2030 will come knocking on the door. Whether they will be reached, missed or overshot, depends on multiple factors, most of which concern policymakers and the energy sector itself. At the end of 2023, the EU increased the binding ren
Norway-based energy data and intelligence company TGS has reported record-high ocean bottom node (OBN) contract activity in the third quarter of 2024, the first quarter including PGS, with the utilization of its streamer fleet improving on high bid activity. In Q3 2024, TGS said that the activity le
UK-headquartered subsea equipment rental and solutions provider Ashtead Technology has signed an agreement with Acteon Group to acquire Seatronics and J2 Subsea for £63 million (approximately $81.6 million), expanding its subsea survey and robotics rental portfolio by 30%. The acquisition expands A
Amid “challenging market conditions and financial performance”, Finnish oil refining and marketing company Neste has decided to re-evaluate its plans for renewable hydrogen production and withdraw from investing in a 120 MW electrolyzer at its Porvoo refinery. Originally, Neste’s plan included build
