
As the hike in fuel prices continues unabated, Petrobras has been instructed to set the wheels into motion to replace its current CEO.

Norwegian oil and gas giant Equinor has made a new oil discovery in Snøfonn Nord with the exploration well 7220/8-2 S, located by the Johan Castberg field development in the Barents Sea. This proximity to the current project development enables the tieback option, which will be considered by Equinor

The Netherlands-based subsea cable specialist WIND has signed a framework agreement with TenneT for the provision of cable transfers and storage for spare export cables. The scope of the contract includes the supply of cable storage equipment, execution of cable transfers, and management and storage

Talos, Chevron, and Carbonvert have concluded the expansion of the JV, aiming to bring forth a hub-scale CCS project off Jefferson County.

Following repairs, Enauta has restarted production from a well on the Atlanta field, located offshore Brazil.

Rystad Energy forecasts that the EU’s energy plan and its budget may fall short of objectives, as a further ramp-up of investments is needed.

Following the arrival of a Vantage Drilling-owned drillship from Egypt, Eni and TotalEnergies are kicking off drilling operations offshore Cyprus.

Drydocks World Dubai has inked a deal with Yinson to upgrade an FPSO vessel, which will operate for Enauta offshore Brazil, upon completion.

The EU and the U.S. have condemned “Russia’s use of energy blackmail”, like cutting off gas supplies to Finland.

Abu Dhabi-based Masdar and National Petroleum Construction Company (NPCC) have entered into an agreement to collaborate on offshore wind and green hydrogen project development in the UAE. Under a Memorandum of Understanding (MoU) signed this month, the two companies will initially focus on collabora

Claxton, Acteon’s drilling and decommissioning segment, has signed a collaboration agreement with Seabed Solutions to add value to decommissioning projects, helping operators fulfil their obligation to return subsea sites to their natural state.

Singapore’s Keppel Offshore & Marine has signed contracts for the bareboat charter of another two KFELS B Class rigs to be deployed in the Middle East.

The UK government has announced a multi-million investment that aims to kickstart innovation in the maritime sector and tackle shipping emissions.

Due to the strong demand for combined geophysical, geotechnical and metocean data services, Fugro has extended its memorandum of understanding (MoU) with Underwater Survey Technology 21 (UST21) to support South Korea’s expansion of wind power assets.