Swedish-Israeli wave energy developer Eco Wave Power has commenced sending clean electricity from its EWP-EDF One project to the Israeli National Electrical grid. Eco Wave Power has recently finalized the construction of the EWP-EDF One project in the Port of Jaffa which has a 100 KW installed capac
DOF Group has signed a contract extension with Prime Energy Resources Development for a multipurpose platform supply vessel (MPSV) that is working offshore Philippines. Prime Energy has extended the contract for the provision of the MPSV Skandi Hawk to the end of 2027. DOF has been providing MPSV an
Talos Energy has kicked off production from two oil and natural gas deepwater discoveries in the U.S. Gulf of Mexico.
Oil prices have now settled down, but is this just the calm before the storm or will prices remain stable without further spikes?
Norwegian company Ocean Sun and its partners have launched an offshore floating solar demonstrator in La Palma, Spain. The BOOST (Bringing Offshore Ocean Sun to the global market) floating solar demonstrator uses Ocean Sun’s patented floating solar photovoltaics (FPV) technology and marks the final
Valaris has tucked a long-term contract in Brazil under its belt for one of its drillships, which will carry out operations for Petrobras.
Norway’s Ocean Installer has secured what it says is its second-largest contract in company history thanks to a deal with TotalEnergies in Angola. Ocean Installer, in consortium with Oceaneering, has secured a “significant” contract from TotalEnergies EP Angola and its partners of Block 17 to execut
Papua New Guinea’s (PNG) Kumul Petroleum Holdings has secured funding to acquire 2.6% of PNG LNG stake from Australian energy company Santos. According to Santos, Kumul paid approximately $250 million into escrow with Santos as part payment of the purchase price and executed binding funding arrangem
The Viking Link electricity interconnector between the UK and Denmark has commenced operations, now transporting power between the two countries. Deemed the world’s longest land and subsea interconnector, the £1.7 billion Viking Link started commercial operations on December 29, 2023. The link has
CNOOC Limited has kicked off production from oilfields Phase II development project in the South China Sea, offshore China.
Galp is currently drilling a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries.
While multiple new oil and gas projects were sanctioned throughout 2023, the top eight ones are listed in this article.
Three rigs stand out as the highest-paid ones during the second half of 2023. Unsurprisingly, all three spots were taken by drillships.
In the maritime realm, 2023 has been a year marked by transformative projects and announcements, on both the regulatory side, ship designing, and shipbuilding front as well as demand signals for the production of alternative fuels. Amidst geopolitical turbulences in the Middle East, the ongoing conf
