US-based marine energy company Ocean Power Technologies (OPT) has named Ethan Butler as its new vice president of engineering and operations.
Kongsberg Maritime has inked a deal with Yinson to deliver electrical and control technologies for an FPSO, which will operate off Brazil.
Energean has made a commercial gas discovery in Block 12 offshore Israel, bolstering its beliefs in the potential of the Olympus Area.
The UK’s competition regulator might accept a remedy proposal, submitted in response to its concerns about the proposed Noble-Maersk merger.
Danish company Floating Power Plant (FPP) has completed basin tests of its hybrid floating wind and wave platform at IHCantabria facilities in Spain.
Petrobras has revealed plans to invest $16 bln in the Campos Basin revitalisation project and $5.5 bln in extraction activities in Brazil.
The findings of a recent report indicate that there are legal grounds to hold fossil fuel firms accountable for environmental damage.
Welsh company Marine Power Systems (MPS) has launched a new tender for contractors to provide assistance with the development of megawatt-scale wind and wave energy project in Spain.
Longboat has executed a farm-in agreement with OMV for two prospects on the NCS, boosting its net unrisked mean resources by 68 per cent.
The UN is working on raising the funds for the implementation of its plan to address a threat posed by an FSO unit off the Yemen coast.
Trident and JV partners for Block G – located offshore Equatorial Guinea – have agreed to extend their Production Sharing Contract (PSC).
Rystad Energy expects public E&P companies to break prior records as profits are set to reach a 70 per cent increase in 2022.
Norwegian chemical company Yara International is evaluating a potential initial public offering (IPO) of its Yara Clean Ammonia business (YCA) on the Oslo Stock Exchange.
The Arrol Gibb Innovation Campus (AGIC) has been launched in Scotland with the aim to transform large-scale manufacturing for energy transition-related sectors.
