BP and Eni have agreed to form a new 50/50 JV in Angola, named Azule Energy, through the combination of Angolan businesses.
Swedish company Minesto has decided to focus this year’s operations with its Dragon Class tidal energy converters at the established and grid-connected site in Vestmannasund in Faroe Islands.
PTTEP will take over the operatorship of the Yadana field located off Myanmar following a recent decision by partners to exit the project.
A new independent commission has been announced to explore the potential for tidal energy generation from the Severn Estuary, a large body of water located between England and Wales.
UK’s Xlinks has awarded Intertek with a contract to provide quality assurance and technical advice on marine cable routing, survey specification and procurement for the planned interconnector between Morocco and the UK. Intertek will work with Xlinks to review cable routing, draft survey and technic
IOG has kicked off the first production at its Saturn Banks Project – Phase 1, located in the UK North Sea.
Shipping companies Algoma Central Corporation and Nova Marine have increased investment in their short sea shipping joint ventures, NovaAlgoma, by acquiring five vessels.
The Asian Shipowners’ Association (ASA) has expressed its support for industry efforts to reduce emissions from international shipping reiterating the importance of research and development (R&D) funding to achieve net-zero targets.
Eco has inked a new deal, which will enable it to increase its interest in the ExxonMobil-operated Canje block, off Guyana.
Golden Energy Offshore Services has secured a term contract with a “first-class international operator” for the platform supply vessel (PSV) Energy Scout. The Norwegian company started the reactivation process for the vessel as it had been in warm lay-up for 16 months caused by the downturn in the m
W&T Offshore has decided to fill the COO role by promoting internally to turn its growth goals into reality.
After no change for two consecutive weeks, the number of offshore rigs in the U.S. dropped to 11 units last week.
Velesto has secured new work for its jack-up drilling rigs in Malaysia with the country’s oil and gas operator, Petronas Carigali.
Offshore drilling contractor Northern Ocean has decided to rename its two rigs following a recent decision to change their manager.
