Carbon capture and storage (CCS) has moved beyond theoretical climate modelling into the realm of infrastructure planning, capital allocation, and regulatory design. DNV’s latest Energy Transition Outlook for CCS characterizes 2025 as a critical year…
Belgian offshore contractor DEME has officially named its new jack-up offshore transport and installation vessel, Norse Energi, strengthening its offshore wind installation fleet alongside sister vessel Norse Wind.Norse Energi wind turbine installation…
Offshore services company OEG has secured a long-term multi-million-dollar contract extension with a global operator to support offshore drilling operations in Australia’s Bass Strait through the expected end of field life in 2036.The agreement…
EnergyPathways has signed a collaboration agreement with Associated British Ports (ABP) to evaluate the Port of Barrow in northwest England as a location for onshore facilities linked to its Marram Energy Storage Hub (MESH) project.The AIM-listed company said the MESH project…
TotalEnergies and the Egyptian Natural Gas Holding Company (EGAS) have signed a memorandum of understanding (MoU) on exploration activities offshore Egypt.The MoU covers a large area located in offshore north-western Egypt.The agreement establishes…
India’s Adani Ports will deepen its European footprint by building offshore capabilities with U.S. engineering firm Oceaneering International committing $1.36 billion in capital spending through fiscal year 2031.The country's largest private…
QatarEnergy has signed a memorandum of understanding (MoU) with TotalEnergies, ConocoPhillips and the Syrian Petroleum Company for cooperation in offshore oil and gas exploration in Syria.The agreement covers a technical review to assess the…
Dutch non-destructive testing specialist Ned Marine has launched drone and remotely operated vehicle (ROV)-based inspection services aimed at vessels, offshore installations and industrial assets.The company said the new services combine aerial…
Offshore infrastructure services provider North Star has secured a multi-million-dollar pipeline of emergency response and rescue vessel (ERRV) contracts covering 17 vessels operating in the North Sea.The awards, comprising new contracts and extensions…
Fast Offshore Supply (FOS) has selected Incat Crowther to design a fleet of 10 new DP2 fast crew transfer vessels (CTVs) for offshore operations supporting Brunei Shell Petroleum, a joint venture between Shell and the Government of Brunei.The…
The Metals Company (TMC) has signed a commercial agreement with offshore contractor Allseas for the development and operation of what the companies said would be the first commercial deep-sea nodule recovery system.The agreement covers the development…
Italian offshore services provider Next Geosolutions (NextGeo) has been awarded a contract worth about $11.7 million (€10 million) for geophysical survey and unexploded ordnance (UXO) activities linked to a subsea energy infrastructure project in the Central Mediterranean…
Equinor-operated Gullfaks field in the North Sea has delivered its 5,000th oil cargo, underscoring the continued role of mature Norwegian offshore fields in supplying energy to Europe.Production at Gullfaks began in 1986 and the field has since produced around 2…
Abu Dhabi-based state-owned sovereign investor Mubadala Investment Company has invested $325 million alongside a consortium led by Apollo Funds to acquire a stake in Ørsted’s Hornsea 3 offshore wind project in the United Kingdom.Hornsea 3, located off the Norfolk coast…
TotalEnergies expects to install new floating storage and offloading (FSO) vessel Adiana towards the end of next year as part of efforts to sustain oil output by replacing an ageing unit offshore Nigeria, a company official said on Tuesday.The…