Norwegian seismic company PGS is switching to energy-efficient lighting for eight of its seismic vessels as part of its sustainability targets and desire to comply with emission reduction targets and new regulations. PGS appointed compatriot lighting company Glamox to deliver energy-saving lighting
Oil and gas gas company Energean has brought a new project on stream to boost output from a field off the coast of Israel.
Masirah Oil has hired a jack-up rig for a multi-well drilling program at a field in the Block 50 concession offshore Oman.
Subsea specialist Sulmara has launched a new business line, expanding its services with the aim of reducing the risks clients face in subsea operations and helping them meet their net-zero targets. The new Route Development business line will see the company provide a range of support from the plann
Helix Energy Solutions has got its hands on a long-term joint decommissioning agreement with Talos Energy.
Dutch-Norwegian floating solar developer SolarDuck, Italian independent asset manager Green Arrow Capital and New Developments s.r.l., an Italian developer, have agreed to collaborate on the development of an offshore hybrid wind-solar farm in the Gulf of Taranto offshore Italy. The three companies
The Government of Canada has released the Tidal Energy Task Force’s final report to clarify regulatory requirements for tidal energy projects in the Bay of Fundy with the aim of defining the path for growth of the industry. The Government of Canada noted it was working with the province of Nova Scot
U.S. Environmental Protection Agency has launched the $3 billion Clean Ports Program to fund zero-emission port equipment and infrastructure to tackle the climate crisis and improve air quality at U.S. ports.
Offshore ship-owning group Atlantic Oceanic (UK) has acquired an advanced DP2 multi-purpose supply vessel (MPSV) as part of its ongoing fleet growth program. The vessel, named Atlantic Spirit and previously known as Tek-Ocean Spirit, is an 87-meter-long specialist MPSV equipped with a DP2 dynamic po
Viaro Energy, through its operating subsidiary RockRose Energy, has secured full ownership interest in a license located West of Shetland.
After another year of active tendering, Subsea7 secured $7.4 billion of contract awards in 2023, taking its backlog to $10.6 billion, a year-end level last seen in 2013. In its full-year 2023 financial report, Subsea7 reported revenue of $6 billion, an increase of $838 million or 16% compared to the
Even though Norway saw a rise in oil and gas production in January 2023 compared to the volumes recorded during the year before.
Aquaterra has been hired on a contract for the provision of analysis services across an undisclosed operator’s global offshore operations.
What lies ahead for oil, gas, and renewable energy in the AI-oriented environment and how will these sources of supply be revolutionized?
