Activity News

 

Al-Designed CTV Saves 100,000 Liters of Fuel, 258 Tons of CO2 a Year

Jun 09, 2026

Compute Maritime, the deep tech company behind NeuralShipper, the world's first Al platform for ship design, has revealed the results of its UK Government-funded project, GenDSOM, to bring generative Al and additive manufacturing into ship design…

BP Merges Businesses Into Upstream and Downstream Divisions

Jun 09, 2026

BP has set out plans to reorganize its operations into two business segments from July 1, simplifying its organizational structure as part of efforts to improve performance and increase shareholder value.The company said it will replace its…

Liebherr to Supply Six Offshore Cranes for TenneT’s Wind Grid Projects

Jun 09, 2026

Crane specialist Liebherr will supply six RL 2600 offshore cranes for TenneT's 2 GW offshore wind transmission projects in the Netherlands under a contract with Singapore-based engineering, procurement and construction contractor Seatrium.The cranes will be installed on the IJmuiden Ver Beta…

T12 Engineering Delivers Subsea Structure for Norway Oil and Gas Scheme

Jun 09, 2026

T12 Engineering has completed the assembly and shipment of a 60-tonne gravity-based subsea structure destined for offshore installation in Norway.The structure, designed for an independent Norwegian oil and gas operator, departed from the Port…

Seaturns Deploys Full-Scale Wave Energy Demonstrator in Atlantic

Jun 09, 2026

French wave energy company Seaturns has deployed its full-scale wave energy demonstrator off the French Atlantic coast, starting an offshore trial campaign that will run for a minimum of one year.The deployment marks a key milestone on its path…

Vaalco Restarts Production from Baobab Field after FPSO Overhaul

Jun 09, 2026

Vaalco Energy has resumed production from the Baobab field on the CI-40 block offshore Côte d’Ivoire following the completion of refurbishment work on the Baobab Ivoirien floating production, storage and offloading (FPSO) vessel.Hydrocarbon…

Aker BP and Viridien Deepen North Sea Seismic Collaboration

Jun 09, 2026

Viridien and Aker BP have entered into a five-year strategic partnership agreement to strengthen collaboration on multi-client ocean bottom node (OBN) seismic acquisition, imaging and technology development for exploration on the Norwegian Continental Shelf…

H2DO Kicks Off North Sea Green Hydrogen Feasibility Study

Jun 09, 2026

Hydrogen of Dutch Origin (H2DO) and its partners have launched a feasibility and concept study for a 30-50 MW offshore green hydrogen project in the Dutch North Sea, aimed at demonstrating how offshore hydrogen production could support the expansion…

Saipem’s Heavy-Lift Vessel Getting Ready for Neptun Deep Job in Black Sea

Jun 09, 2026

Saipem's multi-purpose heavy-lift vessel JSD6000 has started preparatory work in the Port of Genoa ahead of its deployment on the Neptun Deep gas development project in the Black Sea.The vessel is currently moored at the San Giorgio del Porto shipyard…

BP Hires Noble Corporation’s Giant Semi-Sub Rig for Drilling Ops off UK

Jun 09, 2026

Offshore drilling contractor Noble Corporation has secured a three-well drilling contract with BP for the semi-submersible rig Noble GreatWhite offshore United Kingdom.The contract is expected to last between 150 and 210 days and carries a dayrate of $320…

TGS Gets Offshore Wind Site Characterization Job in Europe

Jun 09, 2026

Energy data and intelligence TGS has secured an offshore wind site characterization contract in Europe.The Ramform Vanguard is scheduled to commence data acquisition in early August, and the contract has a duration of approximately three weeks…

Equinor Postpones Hammerfest LNG Maintenance Outage

Jun 09, 2026

Norway's Hammerfest LNG export terminal on Monday postponed the start of a planned annual maintenance outage until June 13, a spokesperson for operator Equinor said.Europe's largest export terminal for liquefied natural gas has a daily processing capacity of 18…

BP Faces Investor Questions Over Removal of Former Chair

Jun 09, 2026

Top BP investors and former executives said they remained in the dark about the precise circumstances that led to the departure of former chair Albert Manifold, the Financial Times reported on Tuesday.BP did not immediately respond to Reuters' request for a comment outside regular business hours…

Oil Prices Slide as Israel-Iran Suspend Strikes

Jun 09, 2026

Oil prices fell on Tuesday, erasing most of the previous session's gains, after Iran and Israel said they had halted attacks on each other following an appeal from U.S. President Donald Trump, though both sides warned they could resume hostilities…

UK Crown Estate Will Launch Tender for Irish Sea Offshore Wind Site

Jun 08, 2026

King Charles III's Crown Estate said on Monday it would start a competitive tender next month for the Morgan offshore wind site in the Irish Sea.The site in the Irish Sea has the potential to produce up to 1.5 gigawatts of electricity and was…

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