Kuwait Oil Company said on Monday it made its third offshore discovery with production capacity of more than 29 million cubic feet per day of natural gas, in a boost to the power-squeezed, desert nation's efforts to ramp up output.The Jazza field…
Eni is aiming to get its gas joint venture with Malaysia's Petronas up and running some time next year, Guido Brusco, the Italian oil major's global natural resources chief operating officer, said on Monday.Both firms announced earlier this…
Norwegian subsea services firm Reach Subsea has been granted a trading permit to operate its Reach Remote 1 Uncrewed Surface Vessel (USV) entirely through remote operations - without a support vessel.The permit was issued by the Norwegian Maritime Authorities…
The Norwegian Ocean Industry Authority (Havtil) has granted OKEA a consent to use Deepsea Yantai semi-submersible rig for production drilling on the Draugen field in the Norwegian Sea.Draugen is a field in the southern part of the Norwegian Sea…
Remazel, a company of the Fincantieri Group, has signed a contract with Jan De Nul for the supply of mission-critical equipment for a newbuild vessel.The contract covers the design and supply of an advanced system for transporting and laying rocks on the seabed to protect cables and pipelines…
Robosys Automation, a leader in maritime autonomy, vessel control systems, and smart shipping solutions, has announced that it has secured a new contract to retrofit a 26-meter Damen 2610 Fast Crew Supplier (FCS) Twin Axe High Speed Support Vessel (HSSV)…
The International Energy Agency on Tuesday cut its global forecast for renewable power growth by 2030 by 248 gigawatts from last year's outlook, citing weaker prospects in the United States and China, even as solar power continues to drive record additions…
Offshore drilling contractor Dolphin Drilling has signed a contract with Repsol for its Borgland Dolphin semi-submersible drilling rig, valued approximately $60 million.The contract follows the letter of intent the companies signed in September 2025…
Norwegian oil and gas company Vår Energi has achieved increase in both production as well as recoverable volumes from the Gjøa field, following the start-up of the Gjøa low pressure project.The project has modified the compressor systems on the Gjøa platform…
Shell expects a $600 million hit in the third quarter from abandoning its biofuels project in Rotterdam, it said on Tuesday while flagging higher liquefied natural gas production and better gas trading results.Shell had approved development of the 820…
American Bureau of Shipping (ABS) has issued an approval in principle (AIP) to Samsung Heavy Industries (SHI) for its SnapWind Float, a new design of a semi-submersible-type floating offshore wind turbine.The SnapWind Float is designed for next-generation 15 MW offshore wind turbines…
Combifloat Group of the Netherlands and Poseidon Barge of the United States, with the backing of Marine Equipment Solutions (MES), have launched a new joint venture (JV) under the name of Poseidon Jackup to bring ‘world-class’ modular jack-up technology to North America…
SLB, a global energy technology company, and SBM Offshore, a Floating Production Storage and Offloading (FPSO) solutions specialist, have signed an agreement to enter into an exclusive digital alliance to optimize the performance of offshore production systems…
DEEP, an ocean engineering and technology company, announced a major expansion of its operations in the United States, including a $100 million investment in a permanent engineering and development hub in Florida and a manufacturing facility in Houston…
EnerMech has been awarded a significant contract to deliver pre-commissioning and specialist services for a major offshore gas development located in the East Browse Basin, off the northwest coast of Australia.The full scope of work, which will be carried out between October 2025 and April 2026…
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