Norwegian energy group Equinor said on Monday it has agreed to buy a stake in a gas-fired power plant in the U.S. state of Pennsylvania, seeking to benefit from rapidly growing electricity demand from data centres and other industry.Equinor will pay $940 million…
Tekmar Group plc, a provider of asset protection technology and offshore energy services, announced it has been awarded a USD$1.16 million (c.€1 million) contract with a submarine cable contractor for concrete protection solutions as part of…
CAPE Holland, a Venterra Group company, and GBM Works have signed a Memorandum of Understanding (MoU) to jointly further develop and commercialize Vibrojet worldwide. Vibrojet is an installation technology for offshore wind monopile foundations…
The Trump administration will offer more than 81 million acres (32.8 million hectares) in the Gulf of America to oil and gas drillers as part of an effort to boost domestic energy production with regular offshore lease sales.The sale is the second since the U…
State-controlled Petrovietnam Gas is sounding out suppliers for a possible tender to procure liquefied natural gas under a five-year contract, according to a document reviewed by Reuters.If agreed, it would be Vietnam's second term contract after a deal with Shell earlier this year…
German energy company RWE said on Thursday that it had reached a $1.22 billion agreement with the Trump administration to cancel three offshore wind leases in U.S. waters and to direct the funds to LNG and natural gas power plant projects.The arrangement is the fifth…
A few months ago, I authored an article for Marine News focused on just one of the many successful features of the Oil Pollution Act of 1990 (“OPA 90,” Pub. L. No. 101-380 (1990)) — Alaska’s regional citizen advisory councils (RCACs). The Prince…
China plans to increase wind and solar power generation by 53% over the next five years, under a renewable energy plan released on Thursday that for the first time makes its green power target binding.The plan is aimed at increasing overall renewable generation to 1…
Following two successful pilots, the Engineering Construction Industry Training Board (ECITB), in partnership with the Global Wind Organisation (GWO) and Offshore Renewable Energy (ORE) Catapult, have officially launched the Wind Turbine Maintenance…
Gastech 2026 will take place in Bangkok, Thailand from September 14-17, 2026, uniting global decision makers and energy leaders to address urgent supply security and system resilience priorities amid mounting geopolitical instability.Positioned…
Sable Offshore Corp. announced plans to raise up to $400 million through concurrent public offerings of common stock and convertible senior notes as the offshore energy company moves to refinance existing debt and strengthen its balance sheet…
The offshore energy industry is in the midst of a new investment cycle, driven by major developments in South America, renewed demand for energy security and an increasing reliance on digital technologies to improve asset performance. For Matt Tremblay…
On 29 May 2026, Vantage Drilling International and Eldorado Drilling signed a merger agreement under which Eldorado will acquire Vantage, making it a wholly owned subsidiary. As part of the transaction, Vantage shareholders will receive $19 per share in cash…
While oil and gas are once again flowing through the Strait of Hormuz, the closure of the vital waterway for over 100 days could prove to be a turning point in global energy markets. The Arab oil embargo of 1973, a similarly disruptive supply shock…
Equinor has decided to end its offshore wind business activities in Japan, where it has been since 2018 but has failed to win any leases in successive auctions, and close its Tokyo office by the end of 2026.Orsted, the world's largest offshore wind developer…