Eco Wave Power, via its U.S. subsidiary, has joined NVIDIA’s Inception program as the wave energy company explores artificial intelligence (AI) applications for renewable energy infrastructure and energy management systems.Eco Wave Power U.S…
Equinor has signed a five-year agreement with the Dutch energy company Eneco for supplies of natural gas from the Norwegian continental shelf, which will be delivered to Eneco’s wholly owned German subsidiary LichtBlick.The agreement runs until the end of 2030 and covers annual volumes of around 2…
Brazil's state-run oil firm Petrobras will soon declare the commercial viability of a still-unnamed new discovery at the offshore Aram block in Santos basin, Chief Executive Magda Chambriard said on Monday.The CEO had said last week the firm hoped to have two producing wells at the block by 2030…
Glenfarne Alaska LNG and ConocoPhillips Alaska have signed a gas sales precedent agreement to supply natural gas from Alaska’s North Slope for Phase One of the Alaska LNG project.The 30-year agreement will secure sufficient natural gas volumes…
Oil fell by nearly 2% on Tuesday after U.S. President Donald Trump said he had paused a planned attack on Iran to allow for negotiations to end the war in the Middle East.Trump posted on social media on Monday that he was holding off on a planned military attack on Iran scheduled for Tuesday…
Italian energy group Eni is considering deploying a third Floating Liquefied Natural Gas (FLNG) platform offshore Mozambique, a company spokesperson said.Eni took a final investment decision on its second platform, Coral North, in October last year…
The chief executive of NextEra Energy said on Monday that his company felt good about Dominion's investment in offshore wind, a technology he has disparaged in the past.CEO John Ketchum made the remarks on a call with investors to discuss NextEra's $66…
JHI Associates had obtained a final court order from the Ontario Superior Court of Justice approving Eco (Atlantic) Oil & Gas' proposed acquisition of the company.The company said the court approval follows unanimous shareholder backing for the transaction at a May 12 meeting…
Norwegian shipbuilder Ulstein Verft has delivered Nexans Electra, a DP3 cable‑laying vessel (CLV), to Nexans, strengthening its capacity to install advanced subsea power and communication cable systems.The CLV Nexans Electra is a sister vessel to the CLV Nexans Aurora…
Offshore drilling contractor ADES Holding has extended the contract for Shelf Drilling Winner rig with Tenaz Energy Netherlands from a one-year to a three-year firm term for operations in the Dutch sector of the North Sea.The company said the contract…
Dutch offshore services provider Boskalis has decided to invest in a new high-capacity cable laying vessel (CLV) to support growing demand in the offshore wind and interconnector markets.The vessel, expected to enter service in 2029, will target long-distance cable installation projects…
Malaysia’s oil and gas services firm Velesto Energy, through its subsidiary Velesto Drilling, has secured a contract from Hibiscus Oil & Gas Malaysia for a 2026 offshore drilling campaign in Malaysia.The company said the award marks its first…
Yinson Production has secured a $131.5 million senior secured bank financing facility together with joint venture partner PTSC for a floating storage offloading (FSO) vessel being built for the Block B gas project offshore Vietnam.The company said the facility…
Viridien has launched a dense multi-client ocean bottom node (OBN) survey survey in the Frigg area of the Central Noth Sea.The survey area covers 645 km2, straddling the UK and Norwegian sectors, with the final processed deliverables expected to be available in the third quarter of 2027…
The Offshore Alliance said on Monday the union grouping had served notice to strike at Inpex's Ichthys liquefied natural gas facility in northern Australia from May 27, in a move that could worsen already tight global energy supplies.Last month 326 of 346 union workers at the 9…
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