Maersk Drilling has secured a 19-month P&A contract through a rig sharing agreement between TotalEnergies and Petrogas.
The recent floating solar auction in Portugal proved to be a major success with new records set for the lowest energy price ever, with the country awarding the lowest tariff in the world of -4.13 €/MWh.
Following several delays, Empyrean Energy has started drilling the Jade prospect well, located in Block 29/11 off China.
Equinor has started drilling a wildcat well, located in the North Sea offshore Norway, using an Odfjell Drilling-owned rig.
The NeuConnect consortium has selected the contractors for cabling and converter station works for the first-ever energy link between the UK and Germany. Siemens Energy has been selected to supply the turnkey high-voltage direct current (HVDC) transmission system for the project and will build two c
Malaysian state-owned oil and gas company Petronas has revealed that one of its employees has been arrested over suspected graft.
After drilling another well, Vaalco expects to bring it online within a few weeks, anticipating increased recovery from a field off Gabon.
Thailand-headquartered subsea services provider Mermaid Maritime has established an indirect 50%-owned subsidiary in the United Arab Emirates. The primary activity of the subsidiary designated as Millennium 3 Ship Management and Operations DMCCO will be managing and operating the DP2 construction su
Norwegian operator Aker BP and its partner Pandion Energy have started production from the Hod B in the southern North Sea offshore Norway.
Aker BP has inked a deal with Palfinger for the provision of remotely operated cranes for its new offshore platforms in Norway.
The current geopolitical crisis has been seen by many as a wake-up call and a nudge the world needed to pivot towards renewables, which are perceived as pillars of a net-zero future. In light of this, the offshore energy industry is putting the wheels into motion to step up decarbonisation as the wo
Norwegian tanker owner and operator Frontline and its Belgium-based counterpart Euronav have decided to pursue a merger, creating a global leader in the oil tanker industry.
Subsea and transitional energy services provider Aqueos Corporation has decided to settle in its new office in Boston, Massachusetts, in order to meet the growing needs of renewable energy developers in the region. Specifically, Walter Aguilar, Aqueos’ vice president of Civil, Military, and Renewabl
Offshore accommodation provider Prosafe has been declared the winner of a bidding process for a four-year contract by Petrobras in Brazil.
