The Australian state of New South Wales (NSW) and Japan’s capital Tokyo have signed two memoranda of understanding (MoU) that center on topics such as clean economy transition and hydrogen. According to the NSW Department of Planning and Environment, the first MoU marks a renewed commitment to progr
The U.S. Department of Energy (DOE) has selected two marine energy projects to receive $6 million for the development of a tidal energy research, development, and demonstration pilot site. A team led by Orcas Power and Light Cooperative (OPALCO), based in Eastsound, Washington, and a team led by ORP
UK’s Enshore Subsea and Belgian Herbosch-Kiere have partnered to purchase a 25-year-old cable-laying vessel (CLV) in a newly created joint venture. Herbosch-Kiere and Enshore Subsea have purchased the 1999-built, 88-meter-long Topaz Installer vessel, set to be renamed CMOS Installer. The vessel is m
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has secured over $12 million in funding, part of a second tranche of investment, to execute 2024 goals, including augmented autonomy for subsea robots. Nauticus Robotics secured the first tranche of financing be
TotalEnergies has kicked off production from a field offshore Nigeria, which has been tied to an existing FPSO vessel.
Helix Energy Solutions has secured the extension of its decommissioning contract with Trident Energy do Brasil at rates said to be in line with the improved well intervention market. The contract extension, expected to begin in the fourth quarter of 2024, is for an additional 12 months and is in dir
Cool Company (CoolCo), an owner, operator, and manager of LNG carriers, has secured a new time charter agreement with Santos Shipping Singapore for one of its TFDE vessels that will undergo LNGe upgrades to reduce emissions. The 12-month charter agreement is scheduled to commence in the first quarte
Deltic Energy is in the process of divesting a partial stake in a Shell-operated license to Dana Petroleum.
The U.S. is committed to offshore wind and is looking to advance its development, according to Liz Burdock, President and CEO of Oceantic Network, formerly known as Business Network for Offshore Wind, a non-profit organization that provides networking, communications and educational platforms to sup
DNO has put the wheels into motion to expand its North Sea portfolio by acquiring an interest in a Shell-operated gas field.
TotalEnergies is in the process of acquiring a majority stake from Vantage Drilling International in a drillship working in Namibia.
Woodside and Santos have put an end to their discussions concerning a potential A$85.7 billion (about $55.9 billion) merger.
Qatar’s state-owned energy giant QatarEnergy has signed a 20-year sale and purchase agreement (SPA) with India’s Petronet LNG for the supply of 7.5 million tons per annum (mtpa) of LNG to the Republic of India. The contracted LNG volumes from Qatar will be delivered ex-ship to terminals across India
Axess Group has landed a long-term inspection contract for a recently converted FPSO, which is destined to work on Woodside’s oil project.
