The European Union has proposed a ban on all Russian oil imports, aiming to phase out Russian crude oil within six months and refined products by year-end.
BP intends to invest up to £18 billion (about $22.5 billion) in the UK’s energy system by the end of 2030.
Swedish-Israeli wave energy company Eco Wave Power is looking to expand its team with two new vacancies up for grabs.
PanGeo Subsea, a wholly-owned subsidiary of Kraken Robotics, has secured several cable depth of burial campaigns, valued at more than $3 million, in Europe using its 3D acoustic Sub-Bottom Imager (SBI). Under these contracts set to be completed throughout 2022, the SBI will be used as the cable dete
Prosafe has been awarded a contract by Petrobras for the provision of a semi-submersible vessel offshore Brazil.
Baker Hughes has launched a new subsea wellhead technology, the MS-2 Annulus Seal, expected to save substantial operational rig costs by helping lower overall wellhead installation costs due to reduced rig trips. The MS-2 Annulus Seal integrates with Baker Hughes’ existing MS-800 wellhead system and
Empyrean has revealed its intention to proceed with the second phase of exploration off China by drilling another high-impact prospect.
TechnipFMC has secured an additional contract and received notice to proceed from ExxonMobil affiliate Esso Exploration and Production Guyana for its Yellowtail development in the Stabroek Block offshore Guyana. The new flexibles contract covers six risers said to be qualified for high pressure and
UK-based Awilco Drilling has decided to sell a semi-submersible rig to its compatriot decommissioning services provider, Well-Safe Solutions.
Swiss cleantech company Cavotec has secured a shore power order worth €15.7 million (around $16.57 million) from an undisclosed ‘major global shipping line’ for a series of newbuild containerships.
Norwegian operator Aker BP has appointed DeepOcean as the preferred supplier of subsea operations related to inspection, intervention, repair, survey and emergent operations together with associated onshore engineering and project management services. The parties have a joint commitment to cooperate
Dyna-Mac has been awarded a new contract, bringing its net order book to S$641.1 million or around $463.6. million.
W&T Offshore has joined forces with Korea National Oil Corporation (KNOC) to explore energy-related projects in North America.
Nauticus Robotics and Wood have signed a Memorandum of Understanding (MoU) focused on developing combined services with cost-efficient and environmentally friendly maintenance of end customers’ subsea infrastructure. Nauticus and Wood stated that their shared objective is to increase the value creat
