Latest News - page 69


TouchWind Installs Floating Wind Prototype in Dutch Waters

May 28, 2026

TouchWind has installed its floating wind turbine prototype at Fieldlab Green Economy Westvoorne in the Netherlands, moving the POWER project into the in-water testing phase.The POWER project, short for ‘POsitive Wake Effects of turbines with tilted Rotors’…

SeaTwirl, Mooreast Team Up on Southeast Asia Floating Wind Push

May 28, 2026

SeaTwirl has entered into a strategic collaboration agreement with Mooreast Asia to jointly pursue floating offshore wind opportunities across Southeast Asia.The collaboration combines SeaTwirl’s floating wind technology and engineering capabilities with Mooreast’s offshore mooring expertise…

Chevron Moves to Take Operatorship of Greek Offshore Block

May 28, 2026

U.S. oil major Chevron has filed an official request to take over a 70% stake from Greece's Helleniq Energy in an offshore block southwest of Greece, the Greek energy ministry said on Thursday, in a move that would further expand the United States' presence in the Mediterranean…

Orlen Looks for Partner for 1GW Polish Offshore Wind Project

May 28, 2026

Polish oil refiner Orlen is seeking a partner for its planned Baltic East offshore wind project, CEO Ireneusz Fafara told reporters on Thursday.The 1-gigawatt wind farm will neighbour Orlen's most advanced offshore project, the Baltic Power site which the company is currently finishing…

TotalEnergies Advances 1.5GW Normandy Offshore Wind Project

May 28, 2026

TotalEnergies has filed an application for the Single Authorization of its 1.5 GW Centre Manche Energies offshore wind project off the coast of Normandy, marking a key milestone in the development of what the company described as France’s largest renewables project…

Oil Shoots Up After Iran and US Exchange Air Strikes

May 28, 2026

Oil prices jumped more than 2% on Thursday after Iran's Revolutionary Guards said they targeted a U.S. airbase in response to a U.S. attack in the port city of Bandar Abbas.Brent crude futures LCOc1 rose $2.34, or 2.48%, to $96.63 a barrel by 0701 GMT…

Norwegian Oil Firms Lift 2026-2027 Investment Outlook

May 28, 2026

Norwegian oil and gas companies have raised their projected investments for 2026 and 2027 compared to estimates made three months ago, a quarterly statistics office (SSB) survey of industry players showed on Thursday.Norway produces more than 4 million barrels of oil equivalent per day…

Suriname's Block 52 Could Become Commercial in 18 Months

May 27, 2026

Malaysia's oil and gas producer Petronas is exploring for oil at offshore Block 52 in Suriname, which was declared commercially viable for the development of natural gas late last year following large discoveries in the area, the managing director of state company Staatsolie said on Wednesday…

Bourbon Wins Prime Energy Contract in Philippines

May 27, 2026

Bourbon has won a long-term offshore services agreement, comprising of a three-year firm period with a two-year extension option with Prime Energy Resources Development B.V. to support its offshore operations in the Philippines.This is the company’s first collaboration with Prime Energy…

TDI-Brooks Survey Vessel Gyre Arrives in Liberia

May 27, 2026

TDI-Brooks, in collaboration with GeoPartners Ltd and the National Oil Company of Liberia (NOCAL), has secured a contract for a multi-client multibeam echo sounder (MBES) and seep sampling survey for offshore Liberia. The project will provide…

CRP Subsea Secures Cable Protection Contract for Offshore Wind

May 27, 2026

CRP Subsea, an AIS company, has recently secured a substantial contract from Seaway7 involving supplying cable protection systems for ScottishPower Renewables East Anglia TWO wind project, located in the North Sea.Under this agreement, CRP Subsea…

Nordic Investors to EU: Nix Notion of Arctic Drilling

May 27, 2026

Financial institutions and investors have urged the European Union to maintain its opposition to new Arctic oil and gas drilling, as the bloc weighs revising its stance to prioritise energy security.The call highlights investor unease that the energy crisis triggered by the U…

Export Curbs Should not Harm Australia's Biggest LNG-producing State

May 27, 2026

Western Australian premier Roger Cook said on Wednesday he had been 'assured' by federal Resources Minister Madeleine King that a new government policy of reserving 20% of gas output for domestic use would not harm his state's large LNG industry…

NOPSEMA Releases Australia’s Offshore Energy Industry Performance Report

May 27, 2026

NOPSEMA has released Australia’s Offshore Energy Industry Performance Report 2025, providing an overview of offshore energy activity and performance across Australia’s regulated jurisdictions.The report draws on regulatory data, inspection and assessment findings…

TGS Awarded Large 4D Streamer Contract Offshore Angola

May 27, 2026

TGS has been awarded a large and high-end 4D streamer contract offshore Angola. The program is scheduled to commence acquisition in early July 2026, and the contract has a duration of approximately eight months.Kristian Johansen, CEO of TGS…

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