The latest Energy Cyber Priority report from DNV Cyber has found that energy companies have started to boost investment in cybersecurity to manage the ‘greatest risk’ to the industry today as the importance of securing businesses from cyber threats reaches highest company levels…
The Offshore Wind Growth Partnership (OWGP) has launched a new $2.45 million Development Grant competition and announced a combined $3.7 million in funding awarded to 12 companies from their 2024 funding calls.OWGP’s Development Grant program aims to support UK supply chain companies to scale up…
Norwegian vessel owner and services provider Solstad Maritime Holding has outlined plans to apply for a listing of its shares on Euronext Oslo Børs during the second quarter of 2025.The listing is in line with the company’s previously expressed…
Orlen Upstream Norway has drilled a dry well as part of exploration campaign in the southern part of the Norwegian Sea.The wildcat well 6305/10-1 was the first exploration well in production license 1055, which was awarded in 2020 (Awards in predefined areas (APA) 2019)…
Aker Solutions has signed a strategic partnership agreement with Vår Energi to deliver maintenance and modification services for its operated assets and projects offshore Norway.The partnership also includes Honeywell and StS-ISONOR and builds…
Kuwait Oil Company (KOC) has made a discovery of hydrocarbon resources with large commercial quantities at the Al-Jlaiaa offshore field, estimated at 800 million of medium-density oil barrels and 600 billion standard cubic feet of associated gas…
U.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.Former President Joe Biden supported the offshore wind industry…
The full commissioning of Golar LNG’s floating liquefied natural gas (FLNG) unit Gimi has started with the injection of first gas from the BP-operated Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal.Ahead of first gas injection to Gimi FLNG…
Italy's Prysmian will abandon a plan to build a plant in the United States to make cables for offshore wind parks, the group said in a statement seen by Reuters on Tuesday, even as it expands its overall business in the country.Prysmian, the…
President Donald Trump suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.'We're not going to do the wind thing. Big, ugly wind mills. They ruin your neighborhood…
U.S. President Donald Trump signed an executive order on Monday repealing former President Joe Biden's efforts to block oil drilling in the Arctic and along large areas off the U.S. coasts, according to the White House.Biden this month banned new offshore oil and gas development along most U…
Ocean services provider DeepOcean has cemented its subsea offering with the extension of its charter agreements with Østensjø Rederi for three vessels.DeepOcean’s most advanced subsea vessel, Edda Freya, will remain part of the fleet through 2026…
Gulf Marine Services (GMS), a provider of jack-up support vessels for the global energy industry, has secured a contract extension for one of its large-class vessels operating in the Persian Gulf region.The latest extension to an existing contract is for 171 days…
The Norwegian Offshore Directorate has granted OMV (Norge) a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 35/6-6 in production license 1109.OMV (Norge) is the operator of the license with 30% interest, with partners DNO Norge (30%)…
President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's climate policies…