MET Group and Shell have signed a new long-term agreement for the supply of U.S. LNG, expanding the European energy company's access to American gas for its customers across Europe.Under the agreement, Shell will supply MET International, MET Group's trading and wholesale arm…
MODEC and Eld Energy have completed a key qualification stage for a solid oxide fuel cell power system designed for floating production, storage and offloading (FPSO) units, advancing plans to test the technology using produced gas on an operating offshore unit…
Saipem has completed the sale of its Saudi Arabian shallow-water drilling business to ADES Saudi Limited Company, advancing its strategy to focus its offshore drilling portfolio on deepwater and harsh-environment operations.The transaction, first announced in June…
TotalEnergies and Mistral have launched a three-year program worth more than $115 million (€100 million) to develop artificial intelligence (AI) models for oil and gas reservoir exploration, characterization and development.The partnership will…
RWE and Masdar plan to explore joint bids in Germany's 2027 offshore wind auctions under a cooperation agreement with an indicative investment value of more than $3.47 billion (€3 billion), while RWE separately advanced talks with ADNOC over potential long-term LNG supplies…
Turkey's state oil company TPAO plans to expand its cooperation with Azerbaijan's SOCAR to explore new offshore areas, including the Karabakh oil and gas field, Turkish Energy Minister Alparslan Bayraktar and TPAO CEO Can Ergin said.TPAO-SOCAR cooperation in Azerbaijan…
XRG, ADNOC and SEFE have signed a memorandum of understanding to explore wider cooperation across the natural gas and LNG value chain, including supply, infrastructure and shipping opportunities aimed at Germany and the wider European market…
Skyborn Renewables has reached financial close on the 976.5 MW Gennaker offshore wind farm in Germany's Baltic Sea after securing more than $3.47 million (€3 billion) in financing, moving the project from development into construction.The financing…
Ørsted has received a favorable final opinion in a long-running tax dispute between Denmark and the United Kingdom over taxation rights related to the Walney Extension and Hornsea 1 offshore wind farms.An advisory commission established under…
Spanish shipyard GONDAN Shipbuilders has launched a 120-metre Ocean Energy Support Vessel (OESV) for Østensjø Rederi, the largest vessel built by the shipyard to date.The C513 OESV was launched at GONDAN's Figueras facility and will now undergo…
Italy adopted measures on Thursday aimed at boosting domestic oil and gas production, Prime Minister Giorgia Meloni said, seeking to cut red tape for drilling licences and reduce dependence on fossil fuel imports.Italy currently produces about 29 million barrels of crude oil a year…
SED Energy Holdings and Ventura Offshore have signed a letter of intent for an all-share combination that would create an energy services group with about $1.3 billion in contracted revenue backlog and an implied pro forma equity value of approximately $1 billion…
Norway's energy ministry said on Friday it has received applications from 21 oil and gas companies seeking exploration acreage in the government's annual mature-areas (APA) licensing round.The number of companies rose by one from last year's APA round…
Saipem and Jan De Nul have signed a letter of intent with ExxonMobil for preliminary work on the offshore portion of the Rovuma LNG Phase 1 development in Mozambique, ahead of a potential engineering, procurement, construction and installation (EPCI) contract…
Boskalis’ recently commissioned Windpiper subsea rock installation vessel has started its maiden project at the Bałtyk 2 and Bałtyk 3 offshore wind farms in the Baltic Sea, placing its first rocks to protect the projects’ export cables.The 227-meter-long vessel loaded nearly 45…