The U.S. Department of Energy (DOE) has awarded $25 million to eight wave energy projects that will make up the first round of open-water testing at the PacWave South test site offshore Oregon.
Equinor has received consent from Norway’s offshore regulator for exploration drilling in the Barents Sea, using one of Transocean’s rigs.
Hess Corporation has revealed that its Exploration & Production capital and exploratory budget for 2022 will amount to $2.6 billion.
The UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded £31.6 million (approximately €37.7 million) in grant funding to eleven projects through the Floating Offshore Wind (FOW) Demonstration Programme. With an aim of reducing costs as well as increasing the rate of deployme
IOG is considering potential solutions to resume drilling ops in the UK North Sea while a timeline is expected after seabed survey analysis.
N-Sea Group has signed a long-term vessel agreement with Geo Plus for the advanced DP1 hybrid survey and ROV support vessel Geo Focus. N-Sea said the move comes as it had taken significant steps through a plan of growth by creating an environment for future investments, strategic partnerships, and l
SBM Offshore has sold a minority stake in Almirante Tamandaré, an FPSO which is currently under construction to two Japanese companies.
Malaysia’s Hibiscus Petroleum has completed the acquisition of Repsol’s E&P assets in Malaysia and Vietnam.
UK-based company Marine Power Systems (MPS) has been awarded £3.5 million in grant funding from the UK Government to further develop its floating platform technology and wave energy converter.
France’s iXblue and TotalEnergies have completed trials of an uncrewed surface vehicle (USV) and an autonomous underwater vehicle (AUV) as part of their project to demonstrate collaborative uncrewed capabilities for subsea inspection and asset survey operations. The sea trials were conducted recentl
Chinese shipping and logistic services provider COSCO Shipping has added another giant heavy-lift vessel to its fleet.
Shearwater GeoServices and Equinor are extending their collaboration to include Vår Energi and Lundin Energy Norway to accelerate the development and commercialization of sustainable marine vibratory source technology. The industry project builds on the existing technology cooperation between Shearw
Brazil’s Petrobras has awarded TechnipFMC with a subsea engineering, procurement, construction and installation (EPCI) contract for its Búzios 6 field (module 7) greenfield development in the Santos Basin pre-salt area. The scope of the contract includes flexible and rigid pipe, umbilicals, pipeline
Petrofac has secured a five-year contract extension for well management and well operator services with NEO Energy.
