Ashtead Technology has signed a rental agreement with RTS, a provider of electronic engineering equipment for the underwater industry, and invested in new technologies as part of its commitment to the global subsea rental market. Under the agreement, Ashtead Technology will have access to the RTS-ow
Following an official send-off last week, Türkiye’s fourth drillship has kicked off drilling operations on its first-ever offshore exploration well.
Aker Energy is postponing the filing of its prepared development plan for the Pecan field offshore Ghana to the country’s authorities.
Suncor has revealed that the Terra Nova life extension project is making progress and the FPSO is expected back in Canada by the end of 2022.
Subsea Technology and Rentals (STR) has launched its global technology and innovation centre of excellence after investing £1 million (around $1.2 million) into the facility to support its growth plans. Located in Great Yarmouth, the facility will be the base of the business’ standalone technology a
The European Marine Energy Centre (EMEC) has been awarded over €500,000 to secure two hydrogen tube trailers that will contribute towards the improved hydrogen supply in Orkney.
French start-up HelioRec has opened a seed funding round, whose proceeds will be used to further advance its floating solar technology and business.
Enauta has restarted production from a field off Brazil following a shutdown in preparation for the recertification of the field’s FPSO.
Rystad: Drilling success rate is set to rebound this year with the potential to result in one of the highest hydrocarbon volumes total on record.
Danish wave energy start-up Exowave has teamed up with international offshore energy services provider Semco Maritime to build the future wave energy sector’s value chain.
PACC Offshore Services Holdings (POSH) has signed an agreement to acquire offshore construction vessel (OCV) BOA Deep C from BOA OCV with an aim of bolstering its service capabilities. With the addition of the vessel, the company will complement the existing fleet with capabilities including subsea
Audubon Engineering has entered into an agreement with LLOG to support its Salamanca floating production system project in the Gulf of Mexico.
ExxonMobil has joined forces with ONGC to pursue hydrocarbon exploration opportunities in deep waters offshore India.
Equinor is planning to conduct seismic exploration activities in the Argentine Sea but the environmentalists claim that the development of the offshore oil industry there would be disastrous.
