Türkiye is pulling out all the stops to fortify its energy security, including new energy efficiency roadmap and action plan.
Hydrogen, deemed as a connector for offshore energy markets, is yet to play a very important role, especially in hard-to-abate sectors. The energy transition and especially the hydrogen transition can be built efficiently, faster, cheaper, and with fewer emissions if we build it on existing knowledg
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has secured an investment before the close of 2023 said to have eliminated many of the dilutive warrants and ratchet provisions of the original de-SPAC financing in the process. The new investment is the first t
CRP Subsea, part of AIS, has secured what it says is a “substantial contract” to deliver distributed buoyancy modules (DBMs) to an oil field project offshore Brazil. CRP Subsea said the contract was awarded by a “leading energy technology company” for a deepwater oil field project situated in the pr
South Korea’s shipbuilding major Hanwha Ocean, formerly known as Daewoo Shipbuilding, has denied recent media rumors and reports suggesting its exit from the container shipping sector. The Korean media had reported that Hanwha Ocean might discontinue the construction of container ships due to financ
BP has hand-picked Wood for the delivery of topside modifications in support of the oil major’s latest subsea tieback in the UK North Sea.
Diamond Offshore has confirmed the start of a new assignment for one of its semi-submersible rigs, which is working for Petrobras offshore Brazil.
TotalEnergies has inked an agreement with Impact Oil and Gas Namibia to get its hands on additional interests in two blocks located offshore Namibia.
Galp has confirmed a light oil discovery in a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries.
Valaris has tucked $1.14 billion under its belt, thanks to multiple new contracts and extensions for its drillships and jack-up rigs in Brazil, the U.S. Gulf of Mexico, the UK North Sea, Trinidad, and Australia.
Noble Corporation has secured a new assignment for one of its harsh environment jack-up rigs with Wintershall Noordzee.
Qatari LNG shipping operator Nakilat has placed orders at South Korean Hyundai Samho Heavy Industries (HSHI) for the construction of six vessels – two LNG carriers and four very large LPG/ammonia carriers – as part of its strategic shipping expansion. The order was revealed on January 9, 2024. It in
Dolphin Drilling is pondering over a proposed payment plan, which has been received from General Hydrocarbons Limited (GHL) for the work one of its semi-submersible rigs is undertaking in Nigeria.
Norway’s DeepOcean is set to charter a converted, battery-powered offshore support vessel from shipowner Island Offshore to further enhance its subsea offering to the offshore renewables and oil & gas industries. DeepOcean has entered into a long-time charter agreement with Island Offshore for the I
