Offshore drilling contractor Constellation has secured two new contracts with Petrobras, worth $1 billion, for the deployment of two ultra-deepwater drillships - Laguna Star, part of Constellation’s fleet, and Tidal Action, a newbuild rig, owned…
The U.S. Department of Energy has made its largest ever investment in marine energy, making $112.5 million available for the commercialization of wave energy technologies.This five-year investment is expected to significantly accelerate the design…
TotalEnergies has signed a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tons of liquefied natural gas (LNG) per year for seven years starting from 2027.Thanks to this agreement, with prices indexed both to Brent and Henry Hub…
Equinor and its partner DNO have made an oil and gas discovery in the northern part of the North Sea, delineating the play-opening 2023 Heisenberg discovery and confirming its volume estimate of 24 to 56 million barrels of oil equivalent (MMboe) with mean of 37 MMboe…
Norwegian oil and gas company OKEA has entered into agreement with Lime Petroleum, a subsidiary of Rex International, to sell its stake in the Yme field for $15.6 million, exiting the producing field in the south-eastern part of Norwegian North Sea…
The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's purchase of Hess as soon as this week, two people familiar with the matter said, leaving Exxon Mobil's challenge to the $53 billion deal as its final hurdle…
Bill Thompson's fight to stop offshore wind farms was once confined to the tiny U.S. state of Rhode Island where he lives. Today, he is part of a global movement.In April, Thompson, who is director of the activist group Green Oceans, got an email from a fellow anti-offshore wind group more than 10…
U.S. offshore oil producers were taking initial steps ahead of a storm predicted to become a hurricane in the middle of the week, evacuating non-essential staff from Gulf of Mexico production platforms.The U.S. National Hurricane Center said…
Greece and Cyprus have signed a memorandum of understanding (MoU) to press ahead with a subsea electric cable linking continental Europe to the East Mediterranean, the energy ministries of the two countries said on Saturday.The Great Sea Interconnector…
Offshore drilling contractor Shelf Drilling has closed the sale of its Baltic jack-up rig for $60 million with an undisclosed client.Shelf Drilling said the buyer intends to deploy the rig on a multi-year, plug and abandonment (P&A) program in Malaysia…
RWE and the Ustka Port Authority have signed a land lease agreement for the construction of an operations and maintenance base for the FEW Baltic II offshore wind farm in Poland.The base is one of the key elements in the realization and subsequent operation of the planned 350 MW offshore wind farm…
The international joint venture (JV) partners, led by BP as the operator, have signed commercial agreements for the development of gas reserves at the giant Azeri-Chirag-Gunashli (ACG) gas field offshore Azerbaijan.After the State Oil Company of the Republic of Azerbaijan (SOCAR) and BP…
Norwegian shipowner Rem Offshore has hired Norwegian Electric Systems (NES) to deliver a deck-based battery energy storage system to its Rem Inspector construction support vessel (CSV). NES, specializing in sustainable energy design and smart control systems for vessels…
Beam, a company created by the recent merger of Rovco and Vaarst, has deployed ‘the world’s first’ autonomous underwater vehicle (AUV) driven by artificial intelligence (AI) at Seagreen offshore wind farm in Scotland.The AI-driven AUV has been used to inspect jacket structures on Seagreen wind farm…
Danish subsea cable and services firm NKT has taken part in the repair of export cables at 600 MW Gemini offshore wind in the Netherlands, which has been put back to full operation.A group of cable and energy specialists, including a repair team from NKT…
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