Oil and gas company Trident Energy has completed the acquisition of the entire issued share capital of Chevron Overseas (Congo), as well as an additional working interest in the Nkossa and Nsoko II fields from TotalEnergies.The acquisition results…
TDI Brooks announced the appointment of Frank Feurtado as Manager – Marine Systems.With an impressive career spanning over 25 years in the international maritime industry, Frank initially served as a Marine Electronics Technician before climbing the ranks to become a Captain…
BP warned on Tuesday that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while also delaying a highly-anticipated investor day due to a medical procedure undergone by CEO Murray Auchincloss…
The Norwegian Ministry of Energy has offered 53 new production licenses on the Norwegian continental shelf in the APA 2024 licensing round to a total of 20 companies.Awards in Predefined Areas (APA) is an annual exploration round for the Norwegian continental shelf…
Russian Foreign Minister Sergei Lavrov said on Tuesday that the potential bankruptcy or sale of the operator of the completed but never launched Nord Stream 2 gas pipeline would amount to 'theft'.Lavrov, speaking at a news conference in Moscow…
Europe's wind farms could produce more electricity than the region's coal-fired power plants for the first time in 2025 if the recent pace of output growth in wind production and output cuts in coal generation extends through the year.Total…
Bibby Marine has signed a new shipbuilding contract with Spanish shipyard Armon to build its electric Commissioning Service Operation Vessel (eCSOV) for offshore wind industry.The eCSOV will feature a battery system complemented by dual-fuel…
Yinson Production has entered into a definitive agreement with a consortium of global investment firms to raise pre-IPO growth capital of $1 billion to support further growth.The $1 billion pre-IPO consists of redeemable convertible preferred shares and 10% warrants…
NYK and Akita Eisen KK have established a joint company Japan Offshore Support (JOS) to provide ship maintenance and management services for offshore wind power projects, as well as training and employment for seafarersBy actively recruiting local talent…
Aker BP and its partner Concedo have drilled a dry well near the Bøyla field in the North Sea.The well, 24/12-8 S or ‘Rumpetroll South’, is a follow-up to the discovery made in well 24/9-13 – ‘Rumpetroll’, in 2019.Both wells are located in production license 869…
Offshore Engineer interviewed global offshore energy expert Philip Lewis, Director of Research, Intelatus, for insights on the emerging offshore floating wind market through 2035, detailing the investments that need to be made now in technology…
Eco Wave Power has engaged Portuguese engineering firm MOQ Engineering to perform the final design and load calculations for its wave energy project in Portugal’s city of Porto.The collaboration with MOQ will focus on delivering the final civil…
High-tech offshore wind services provider Beam has bought Quantum EV remotely operated vehicle (ROV) from SMD, setting out plans to equip it with an artificial intelligence (AI)-driven system to improve its operational scope and offshore wind farm servicing…
Galp has appointed two members of its board as interim Chief Executive Officers (CEOs) following the resignation of Filipe Silva.Galp’s Board of Directors unanimously appointed its board members Maria João Carioca (CFO) and João Diogo Marques…
Russia said on Monday it had downed nine Ukrainian drones that tried to attack part of the infrastructure of the TurkStream gas pipeline, through which Russian gas flows to Turkey and Europe.The Russian defence ministry said the attack was aimed…