Mubadala Energy has completed the acquisition from Eni of a 15% participating interest in the Nargis Offshore Area concession in Egypt.Following the transaction, Eni holds 30% of the contractor interest in the block through its subsidiary IEOC…
Borr Drilling has reported a drop in revenue in its unaudited results for the three months and year ended December 31, 2025.Highlights include:•Fourth quarter total operating revenues of $259.4 million, a decrease of $17.7 million or 6% compared…
Trinidad and Tobago's government is optimistic two flagship offshore gas projects with neighboring Venezuela to be operated by Shell, BP and Trinidad's National Gas Company will move forward amid political changes in the OPEC country, the energy minister of the twin-island nation said on Wednesday…
Elemental Energies has acquired Norway-based geoscience specialist Applied Petroleum Technology (APT), expanding its subsurface and geochemistry capabilities as operators seek deeper technical insight across the well lifecycle.APT provides petroleum geochemistry…
HydroWing Tidal Energy Projects, part of Inyanga Marine Energy Group, has secured an additional 10 MW of capacity for its Ynni’r Lleuad Project at Morlais in Wales.The additional 10 MW have been awarded as part of the U.K. government’s Allocation…
Sustainability has become a defining priority across industrial and maritime operations. While much of the discussion centers on alternative fuels and emerging technologies, one of the most immediate and cost-effective opportunities to reduce…
BW Energy has informed that one of the existing joint venture partners in Angola's offshore blocks 14 and 14K has indicated its intention to exercise pre-emption rights in relation to the previously announced acquisition agreement.BW Energy…
EnBW and Google have signed a long-term power purchase agreement (PPA) for 100 MW of offshore wind power from He Dreiht project in Germany, to be delivered over a period of 15 years.Google aims to operate its global operations on 24/7 carbon free energy by 2030…
The Bureau of Ocean Energy Management, today announced another major step toward expanding offshore energy development pursuant to the One Big Beautiful Bill Act. BOEM released the Final Notice of Sale for Lease Sale Big Beautiful Gulf 2 (BBG2)…
An OMV Petrom-operated exploration well, drilled at the Vinekh prospect in Black Sea's Han Asparuh block off Bulgaria, has been assessed as dry, after encountering only non-significant natural gas shows, according to NewMed Energy, one of the partners in the license…
Japan’s largest power generation company JERA has signed a long-term liquefied natural gas (LNG) sale and purchase agreement with QatarEnergy to secure the supply of 3.0 million tonnes per annum (MTPA) for 27 years, with deliveries expected to commence in 2028…
Dominion Energy has completed the installation of the first offshore wind turbine for the Coastal Virginia Offshore Wind (CVOW) project, the largest such project in the United States.In a regulatory filing, submitted by Dominion Energy on January 30…
MODEC has signed a statement of strategic intent with Eld Energy and Delta Electronics to collaborate on the development of a solid oxide fuel cell power generation system for offshore and maritime applications, including floating production…
Offshore drilling contractor Noble Corporation has completed the sale of five jack-up drilling rigs to Borr Drilling for $360 million.Under the transaction, Noble generated approximately $210 million in cash and received $150 million in seller notes from the sale of the Noble Tom Prosser…
The Australian Government is progressing the state of Victoria’s offshore wind industry with Minister for Energy and Resources Lily D’Ambrosio announcing the Request for Tender (RFP) for Victoria’s first offshore wind industry auction which…