Nauticus Robotics, Inc. Houston-area developer of offshore subsea and surface robots and autonomy software, and Wood PLC, a global consulting and engineering company have signed a memorandum of understanding (MOU) focused on the development…
Norwegian seismic company PGS said Thursday it had secured solid industry pre-funding for a large MultiClient survey on the Northwest shelf of the Norwegian Sea. The Ramform Atlas vessel is currently mobilizing for the survey, with scheduled acquisition starting around May 10…
Argeo, a Norwegian autonomous underwater vehicles provider, said Thursday it had completed AUV work for Statens Vegvesen (Norwegian Public Roads Administration) on the Bjørnafjorden E36 crossing.'The Bjørnafjorden crossing is the world’s longest floating bridge project…
Wave energy technology firm Eco Wave Power has entered an official agreement with Port Adriano, Spain, for the potential construction of a wave energy power plant of up to 2MW. According to the terms of the agreement, Port Adriano will assign…
Norwegian oil companies Equinor and Aker BP have agreed for the Krafla offshore field operator to be transferred from Equinor to Aker BP. With this transaction Aker BP will be the operator of all discoveries in the NOAKA area - Krafla, Fulla…
French autonomous robotics company iXblue has recently completed the bathymetric survey of the Saint Nazaire offshore wind farm using its DriX Uncrewed Surface Vehicle (USV). Relying on 4G and satellite communication, the operation – located…
Oil and gas company Empyrean Energy plans to drill another well in its Block 29/11 offshore China, despite the disappointing result from the Jade well announced last week.Empyrean drilled the Jade well, which it had described as a 'world-class' prospect…
The German government on Thursday signed agreements for the charters of four floating storage and regasification units (FSRUs), as it works to become less reliant on Russian gas, as FSRUs will enable it to import LNG from other sources.The agreements…
Fred. Olsen 1848, a Norwegian company developing technologies and solutions for the renewable energy industry, has launched a foundation for floating wind turbines, called Brunel, which, the company says, will be a game-changer that can unlock the potential of floating offshore wind…
Oilfield services giant Petrofac has formed an alliance with decommissioning firm Promethean Decommissioning Company (PDC) to decommission the South Pass 60, South Pass 6, and East Breaks 165 offshore fields, in the U.S. Gulf of Mexico.According to Petrofac…
Danish offshore wind turbine and foundation installation firm Cadeler has raised EUR 86 million (around $91,25M) via a private placement, with the plan to use the cash to fund a part of the construction of a new 'hybrid' offshore wind farm foundation installation vessel…
Shell reported on Thursday a record first-quarter profit of $9.13 billion, boosted by higher oil and gas prices, stellar refining profits and the strong performance of its trading division.Shell joins sector rivals, including BP and TotalEnergies…
Wage talks between Norwegian oil firms and three labor unions broke down on Wednesday and will switch to state-led mediation in a bid to prevent strike action by workers, the unions and companies said.If Norway's government-appointed mediator is unable to broker a deal…
Norway's pipeline gas export could hit all-time highs this year, exceeding a 2017 record of 117 billion cubic meters (bcm), pipeline operator Gassco said on Wednesday.'I think we will see it (in) that range, and I will not be surprised if it's a bit over…
Oil prices jumped on Wednesday as the European Union, the world's largest trading bloc, spelled out plans to phase out imports of Russian oil, which offset worries about demand in top crude importer China.Brent crude futures were up $4.00, or 3…