Gazelle Wind Power, a Dublin-based developer of foundations for floating offshore wind farms, has secured investment of $12.1 million to accelerate the development of its floating wind technology.The funding round for Gazelle Wind Power was led by Indico Capital Partners…
Well engineering specialist Elemental Energies and drilling and well services company Archer have entered into joint venture (JV) agreement to deliver integrated plugging and abandonment (P&A) services to global decommissioning projects.The…
Bourbon Logistics has secured a new fully integrated logistics contract by an unnamed oil and gas major to support its exploration campaign and the drilling of its first well in the waters of southern Namibia.The campaign, estimated to last about six months…
Oslo-listed oil and gas company Panoro Energy has signed a Production Sharing Contract (PSC) with the Government of Equatorial Guinea for offshore Block EG-23.Panoro now holds an 80% participating interest and operatorship of Block EG-23, and…
Global energy technology company SLB has launched Stream high-speed intelligent telemetry, which is said to increase drilling confidence and performance for complex wells.Designed to overcome the bottlenecks and limitations of conventional mud pulse telemetry…
Norway has reached a deal with seven private owners for a government takeover of much of the country's extensive gas pipeline network, the Norwegian energy ministry said on Tuesday.Norway in 2023 announced plans to nationalise most of its vast gas pipeline network…
Mooreast Holdings has secured a new order valued at $6.7 million for a multi-buoy mooring upgrade project off the eastern shore of the Gulf of Thailand.The SGX-listed total mooring solutions specialist, and Asia’s only ultra-high power anchor manufacturer…
Norwegian offshore vessel operator DOF Group has won a contract for IMR vessel and associated subsea services in the Asia Pacific region.The contract will utilize one of DOF’s project vessels in the region and includes project management, engineering…
U.K.-based tidal energy technology developer Spiralis Energy has secured a $1 million investment from Kistos Holdings to build and test the Axial Skelter tidal energy unit.The investment received from Kistos will fund Spiralis Energy’s upcoming…
Ocean services provider DeepOcean and well management and reservoir specialist EXCEED have entered into a collaboration agreement to supply vessel-based well plug and abandonment (P&A) services to the global decommissioning market.The two companies…
Norwegian seismic company TGS has secured its first 3D streamer contract for the 2025 Northwest Europe summer season.Acquisition is scheduled to begin in May with a total duration of approximately 35 days, according to the company.TGS said it…
CRC Evans, a company offering welding and coating services to the energy sector, has signed a contract with Offshore Oil Engineering (COOEC) to deliver critical welding services for the Ruya Batch 1 Project (EPCI09), part of the expansion of the Al-Shaheen field…
A Dutch court on Tuesday accepted Shell's appeal against a landmark climate ruling, dismissing the order for the oil and gas company to sharply reduce emissions.The original 2021 ruling ordered Shell to cut its absolute carbon emissions by 45% by 2030 compared to 2019 levels…
A Dutch court will decide on Tuesday whether to uphold a landmark climate ruling against Shell, which in 2021 ordered the oil and gas company to sharply reduce greenhouse gas emissions.The ruling by The Hague district court ordered Shell to…
Australian offshore support vessel owner MMA Offshore has secured an offshore wind site survey contract from Ørsted in Australia.The scope of the contract entails one of the first reconnaissance site surveys taking place in the Gippsland Offshore Wind Zone since the award of feasibility licenses…