PetroRio will keep its stake in the Petrobras-operated field off Brazil as the conditions set for the sale have not been fulfilled.
Germany and Dutch ONE-Dyas are looking into possible natural gas production in the North Sea to reduce the country’s reliance on Russian fossil fuels.
SolarDuck has closed a €4 million funding round with a consortium of investors, set to support the Dutch floating solar specialist on its path towards commercialisation by 2023. The capital will be used to finalise the technical roadmap and produce the first full-scale floating solar powerplant with
Seismic solutions provider Geospace Technologies has secured two contracts valued at nearly $7 million for the rental of OBX ocean bottom nodes.
RenewableUK has called on the UK Government to increase ambition and maximize investment in wind, tidal and solar energy for the currently ongoing fourth Contracts for Difference (CfD) auction, the biggest one so far.
Purpose ESG will invest in the firm Nauticol Energy which might become the world’s first large-scale net zero methanol producer.
The University of Bergen and GCE Ocean Technology have entered into a partnership agreement to create a wireless underwater observation network along the coast of Norway to monitor the environment and obtain information about the ocean environment. The parties’ collaborative project called SFI Smart
SBM Offshore’s second Fast4Ward design-based FPSO, and its third one for Guyana, is now getting its first topside modules.
Swedish marine energy developer Minesto has reported an increase in net loss for the first quarter of 2022 in comparison to the results for the first three months of 2021.
TechnipFMC has been granted pilot approval from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to deploy its Subsea 2.0 equipment for the country’s oil and gas projects.
China’s oil and gas giant CNOOC Limited has launched an initial public offering on Shanghai Stock Exchange, raising about $4.4 billion.
i3 Energy and Europa have inked a farm-in deal for a sub-area of UKCS Licence P.2358 containing the Serenity discovery in the UK North Sea.
UK oilfield services provider Wood Plc has revealed that its CEO, Robin Watson, is retiring from the role.
Eidesvik has decided to fill COO and CTO roles by promoting internally to pursue further growth and position itself as a tech-savvy player.
