TotalEnergies is considering a bid for private equity-backed gas and oil producer Neptune Energy Group, Bloomberg News reported on Thursday, citing people familiar with the matter. The French company is among the suitors that have held early-stage talks with Neptune…
Oil major BP has started oil production at its Argos offshore platform in the deepwater U.S. Gulf of Mexico.With a gross production capacity of up to 140,000 barrels of oil per day, Argos is BP’s fifth platform in the Gulf of Mexico and the…
Subsea autonomous robot maker Nauticus Robotics on Thursday announced the start of commissioning exercises for the first of three second-generation Aquanauts, dubbed the ‘Mark 2’ (MK2).Nauticus, which builds autonomous robots using artificial…
The Dutch oil and gas company ONE-Dyas has awarded subsea services firm N-Sea a contract to install a subsea power cable between the Riffgat offshore wind farm and the new to be built N05-A gas production platform in the Dutch North Sea.N-Sea's scope comprises of survey…
Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale…
Fraser Moonie was appointed as Chief Operating Officer of Rovco.Based in Aberdeen, Scotland, he will use his 25 years plus industry experience in subsea sector service companies to implement the company’s growth strategy. A former chief executive of Decom North Sea…
Norway-based offshore seismic data firm TGS on Thursday announced the start-up of the 20,347 square kilometers Peninsular Malaysia Stage 2 Regional 3D reprocessing. This second phase of the Peninsular Malaysia reprocessing project is part of…
French transmission grid operator Réseau de Transport d’Electricité (RTE) has awarded Fugro a contract to perform a geotechnical investigation for future offshore substations (OSS) at two floating wind farm sites in the Gulf of Lion in the Mediterranean Sea…
Stockholm-based renewable energy firm OX2 has entered a conditional agreement with EEW SPC on delivering monopile foundations for two of the offshore wind farms OX2 is developing in Sweden together with Ingka Investments.OX2 said that the agreement…
Corio Generation, part of Macquarie’s Green Investment Group, said Thursday it was joining the Global Offshore Wind Alliance, an international coalition founded by the Government of Denmark, the International Renewable Energy Agency (IRENA)…
Fugro's Blue Essence-series uncrewed surface vessel (USV), the Fugro Pegasus, has received full navigation licensing from the UAE Ministry of Energy and Infrastructure, the Dutch offshore survey firm said Thursday.This is the first registration of an over-the-horizon USV in the country…
Chevron Corp CEO Michael Wirth was paid $23.6 million in 2022, a 4% increase from the prior year while the median annual compensation for the oil giant's employees fell 12%, a securities filing showed on Wednesday. In addition to sky-high energy prices…
Norway's parliament will on Thursday debate proposals to delay, or stop, a plan to electrify Western Europe's largest liquefied natural gas (LNG) plant, in the latest example of controversy over cutting CO2 emissions in the Nordic country. Oil…
RWE and Northland Power have selected offshore installation firm Havfram Wind as the preferred supplier for their German North Sea offshore wind cluster of up to 1.6 gigawatts (GW). The cluster will consist of four wind farms.Havfram Wind will…
Norwegian oil company Aker BP has discovered oil in the North Sea offshore Norway, the Norwegian Petroleum Directorate said Thursday.Aker BP used the Scarabeo 8 semi-submersible drilling rig to drill the wildcat well 25/4-15.According to the Norwegian Petroleum Directorate…