Ocean Power Technologies (OPT) has secured a patent from the United States Patent and Trademark Office (USPTO) for its autonomous, floating marine charging solution.Designed to address the increasing demand for clean maritime operations, the invention enables electric vessels…
TotalEnergies has signed an agreement to acquire the 25% interest held by Moeve, formerly known as CEPSA, in Block 53, offshore Suriname, joining APA and Petronas as partner in the license.Block 53 lies directly east of Block 58, where TotalEnergies…
Equinor and Shell have unveiled the name of their joint venture company, set to become U.K. North Sea’s largest independent oil and gas producer.Adura has been chosen as the name for Equinor’s and Shell’s incorporated joint venture (IJV).With a long-standing presence in the North Sea…
Eco Wave Power and AltaSea at the Port of Los Angeles have agreed to officially launch the first-ever onshore U.S. wave energy pilot project in September.The launch event is scheduled to take place on September 9, 2025, on-site at AltaSea, and…
Fugro has been awarded a contract to run a comprehensive site characterization program for an Eni-operated deepwater gas development in the Eastern Mediterranean.The award marks an important survey campaign for Fugro in the region, supporting…
Equinor and its Fram partners will invest over $2 billion in a new subsea development, dubbed Fram Sør project, to put more oil and gas resources on stream by connecting the new infrastructure to the existing facilities at Fram and Troll area…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the Norwegian Sea, to be drilled with Transocean’s Transocean Encourage rig.The drilling permit is for the wellbore 6506/12-PB-3 H in production license 094…
Equinor and its partners have drilled a dry wildcat well on the Lit prospect in the North Sea.The well 25/11-30 S was drilled in production license 169, which was awarded in the 13th licensing round on the Norwegian continental shelf (NCS) in 1991…
Shearwater Geoservices has secured a 3D marine seismic acquisition contract by TotalEnergies in Sao Tome & Principe on the STP-02 Block.The two-month exploration survey off the coast of Western Africa will start early in the third quarter of 2025 using the SW Empress…
Brazil's lower house of Congress on Wednesday approved an executive order allowing the government to auction its share of oil in uncontracted offshore pre-salt areas, a move that could help boost revenue as it struggles to balance its budget…
Shell has not bid for BP and is not actively considering such a move, it said on Thursday, adding it was bound by UK regulations which mean such a statement ban it from making a bid for BP for the next six months.The Wall Street Journal cited…
Electric Power Development Co. (J-POWER) has joined the WHEEL project, a floating offshore wind power demonstration project in Gran Canaria, led by Spanish firm Esteyco.In the demonstration project, a floating offshore wind turbine, rated at 6…
SLB has secured an engineering, procurement and construction (EPC) contract by Equinor, acting as Technical Service Provider, to its OneSubsea joint venture for a CO2 subsea injection system for the Northern Lights phase two project offshore Norway…
Vietnam National Industry - Energy Group (Petrovietnam) and its joint venture partners officially signed the Product Sharing Contract (PSC) for Block 15-1 in the southern continental shelf of Vietnam.Block 15-1 is one of the oil and gas blocks…
Egypt's EGAS has awarded four blocks in the Mediterranean, one in the Nile delta, and one in North Sinai to international companies, according to a petroleum ministry statement on Wednesday.Companies will invest $ 245 million to drill at least 13 new exploratory wells during the exploration period…