Classification society ABS said it has granted an approval in principle (AIP) to OceanSTAR Marine & Offshore Investment Pte. Ltd., for its newbuild floating storage and offloading (FSO) design.The OceanSTAR FSO-01 is a shipshape hull design…
Bangladesh will invite international bidding for oil and gas exploration in 24 blocks in the Bay of Bengal on March 10 in an effort to boost domestic energy production, the chairman of state-owned Petrobangla told Reuters on Tuesday.Bangladesh has been battling with energy shortages…
Cellula Robotics, developer of fuel cell powered autonomous underwater vehicle (AUV) systems, announced it has promoted Neil Manning from corporate development officer to chief executive officer (CEO).Manning joined Cellula Robotics initially as corporate development officer…
Abu Dhabi National Oil Company's (ADNOC) use of artificial intelligence generated $500 million of additional value last year, it said on Tuesday.The state oil giant said it had already integrated more than 30 AI tools across processes from field operations to corporate decision-making…
Exail launched its latest product, the Phins 9 Compact, an inertial navigation system (INS) designed for all unmanned underwater vehicles.The Phins 9 Compact is built around a Fiber-Optic Gyroscope (FOG)-based Inertial Measurement Unit (IMU) with advanced accelerometers…
Perenco Rio del Rey, one of Perenco’s Cameroon subsidiaries, has started a five well development drilling campaign on the Kita Eden field, in the northern section of the Rio del Rey Basin, offshore Cameroon.As a result of its challenging shallow waters…
Oslo-listed company Multiconsult has signed call-off option with Equinor for the grid connection providing electrification of Hammerfest LNG (HLNG) as part of the Snøhvit Future project.The call-off includes management assistance and follow…
A groundbreaking ocean energy project, which has combined wave power with subsea energy storage to power subsea equipment, has now completed a 12-month test program at sea and will end this spring.The $2.5 million (£2 million) Renewables for…
Salamander, a joint venture between Ørsted, Simply Blue Group and Subsea7, has partnered with two Scottish universities to investigate any potential impact of floating windfarms on marine ecosystems.The PREDICT 2.0 initiative forms part of a…
International engineering firm COWI has been awarded a contract by Thistle Wind Partners (TWP) - a joint venture involving DEME, Qair and Aspiravi – to provide Pree-FEED study for Ayre and Bowdun offshore wind projects in Scotland.Under the contract…
INPEX Masela (INPEX), a subsidiary of INPEX Corporation, has awarded Fugro a significant marine survey contract for the Abadi liquefied natural gas (LNG) project in Indonesia.Fugro will perform geophysical and geotechnical surveys needed to…
One of Turkey's mid-sized Mediterranean oil terminals - the Dortyol terminal - will no longer accept Russian imports after receiving record volumes last year, amid an increase in sanctions pressure by the United States.Turkey has become one…
Singapore's Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion Energy, sources with knowledge of the matter said…
Talos Energy has completed the acquisition of QuarterNorth Energy, a U.S. Gulf of Mexico exploration and production company with ownership in several prolific offshore fields.After completing the acquisition, Talos has approximately 183.0 million shares of common stock outstanding…
American Offshore Services (A-O-S) has taken delivery of its first crew transfer vessel (CTV), Gripper, purpose built to support the U.S. offshore wind industry. The vessel is scheduled to be christened during an official ceremony later this month…