BP has tucked a new milestone under its belt at a giant gas development off the coast of Azerbaijan by putting East North flank into production mode.
CorPower Ocean’s C4 wave energy converter (WEC) has completed the first cycle of the ocean commissioning program at the Agucadoura site in northern Portugal. Now proven at commercial scale, at the exposed Atlantic test site, CorPower said that the C4 device had demonstrated a unique ability to tune
French hydrogen producer Lhyfe has unveiled plans for its first UK plant, which, if approved, would have an initial capacity of 20 megawatts (MW), capable of producing up to eight tons of green hydrogen per day. According to Lhyfe, the plant, named Lhyfe Wallsend, aims to supply a range of organizat
TotalEnergies is going full steam ahead with its plans to take a FID for a large oil project in Block 58 off Suriname by the end of 2024.
Siem Offshore has reported operating revenues of $336 million for the fiscal year 2023, an increase from $274.3 million in 2022, and $85.2 million for Q4 2023, compared to $64.3 million in Q4 2022, said to be caused by an uplift in charter rates, generated by increased demand for offshore support ve
Malaysia’s Tenaga Nasional Berhad (TNB) has started a hydro floating solar hybrid (HHFS) photovoltaic (PV) project, following the success of its floating solar trial project which was commissioned in 2019. The project is being developed under the national energy transition plan (NETR) at the company
Spanish energy major Cepsa and Bio-Oils, a subsidiary of Singapore’s Apical, have commenced construction of a second-generation (2G) biofuels plant in Southern Europe, which will produce sustainable aviation fuel (SAF), renewable diesel (HVO) and biogas. Biogas is a fundamental raw material for the
The Chugoku Electric Power (EnerGia) and Nippon Gas Line (NGL) have joined the evaluation aiming to establish a carbon capture and storage (CCS) value chain originating from Japan for the CCS project in Malaysia, together with Japan Petroleum Exploration (JAPEX), JGC Holdings Corporation (JGC HD), K
Denmark has ended its investigation concerning the explosions on the Nord Stream 1 and 2 gas pipelines that occurred in September 2022, becoming the second country to do so. Germany, Sweden and Denmark each initiated respective national investigations into the incident after four gas leaks were foun
Lansdowne has set the wheels into motion to move forward with its Energy Charter Treaty (ECT) claim against Ireland.
Dutch offshore services giant Boskalis has commissioned its new cable-laying vessel (CLV) BOKA Ocean following a major conversion program. Boskalis welcomed BOKA Ocean to its fleet in August 2023 as a pipe-laying vessel, which was then converted into a broadly deployable cable layer. After completin
Norway’s asset integrity management company Axess Group and Guyana Logistics and Support Services (GLASS) have established a joint venture (JV) to launch an engineering and asset integrity management (AIM) firm in Guyana. Axess has been delivering services including design, inspection, maintenance,
Noble Corporation is anticipating a further boost to its contract backlog over the next two years.
MMA Offshore reported strong demand for its vessels and services in the first FY2024 half-year. With newbuild vessel orders at a historic low and limited additional vessel supply anticipated in the coming couple of years, the Australia-headquartered company said it was expecting favorable market con
