Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron and Helleniq Energy, the energy ministry said on Thursday.Greece this week issued…
Norwegian offshore vessel operator DOF Group has secured work for two of its subsea vessels offshore Brazil.DOF’s Skandi Achiever diving support vessel has been awarded an offshore service and survey contract in Brazil in support of a SURF project…
U.K.-based PD Ports has outlined its plans to develop one of the U.K.’s largest offshore wind manufacturing and installation hubs - the Teesport Offshore Gateway.The proposed project could unlock 180 acres of development potential for a range of offshore manufacturers…
Belgium-based offshore installation services company DEME has completed the acquisition Havfram, an offshore wind installation contractor based in Norway, in a deal valued at approximately $1.02 billion (€900 million).The transaction, first announced in April 2025…
Oilfield services firm Archer has signed a five-year contract with Repsol Resources UK for platform drilling services, facilities engineering, coil tubing, wireline services, and downhole well service technologies.The agreement also includes a two-year optional extension…
Shell on Friday reported a 28% drop in first-quarter net profit to $5.58 billion, beating analyst expectations, and kept the pace of its share buyback programme steady amid falling oil prices and lower refining margins than last year.It said it would buy back $3…
Researchers at Heriot-Watt University have developed an advanced simulation tool that accurately predicts underwater landslides caused by offshore wind turbines.The new method enables developers to assess seabed stability not only at the design stage but throughout a wind farm’s lifespan…
Micropiling technology specialist Subsea Micropiles has installed its micropile anchor solution for Orkney Harbour Authority (OHA) in Scotland, adapted to both floating and bottom-fixed offshore wind.Following a period of intensive development with over $13 million invested in R&D…
Ørsted has completed a 24.5% stake divestment in West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat for approximately $610 million.Located approximately 14 km off the U.K. west coast, West of Duddon Sands has been operating since 2014 and has a capacity of 389 MW…
TM Edison, a consortium of Belgian marine construction companies DEME and Jan De Nul, has installed the first two of a total 23 caissons in the Belgian North Sea, marking the start of construction for the Princess Elisabeth Island, the ‘world’s first’ artificial energy island…
Jan De Nul has kicked off the installation campaign of the monopile foundations for RWE’s Thor offshore wind farm, completing the installation of the first of 72 monopiles with its heavy-lift vessel Les Alizés.When finished, Denmark’s largest…
A final investment decision on TotalEnergies' new Cyprus gas project could come in 2026, CEO Patrick Pouyanne told analysts on Wednesday, with deliveries expected in 2028 or 2029.The French oil major is developing Block 6 at the Cronos gas field in a 50-50 joint venture with Italy's Eni…
INEOS and Covestro have signed a long-term agreement for the supply of natural gas for up to eight years, starting 2027.The agreement builds on INEOS' newly established LNG supply chain, and both companies' commitment to support European industrial competitiveness…
United Living Energy, a subsidiary of U.K. critical infrastructure provider United Living Group, has been selected as one of the primary contractors to deliver CO2 transportation and storage (T&S) infrastructure for Eni’s Liverpool Bay carbon capture and storage (CCS) project…
Italian contractor Rosetti Marino has secured an offshore engineering, procurement and construction (EPC) contract in the North Sea, valued at over $400 million, for the Liverpool Bay carbon capture and storage (CCS) project.The project has…
