The WEDUSEA project, involving 14 partners across offshore energy industry and academia, has received a formal go-ahead from the European Union, bringing the developers one step closer to the deployment of 1 MW wave energy device offshore Scotland…
Saipem and newcleo have signed a collaboration agreement to identify solutions for the offshore application of newcleo’s technology to produce nuclear energy, which could provide zero-emission electricity for oil and gas installations.The objective…
The chief executive officer of Norwegian offshore vessel owner Eidesvik Offshore, Gitte Gard Talmo has resigned from his role to take up a new position in an international company abroad.Gitte Gard Talmo has been with the company for 22 years and has been CEO of Eidesvik Offshore since January 1…
Canadian oil and gas exploration company Africa Energy has confirmed the extension of deadline for the submission of the Environmental Impact Assessment Report (EIAR) for the Block 11B/12B offshore South Africa, following the exit of three partners from the development announced earlier this year…
The full-scale XolarSurf floating solar prototype unit, developed as part of a joint effort by Saipem, Moss Maritime, and Equinor, has been deployed offshore Norway where it will remain under trials for about one year.The XolarSurf prototype floater…
Jumbo Offshore has completed transport and installation of transition pieces on the Yunlin offshore wind farm in Taiwan, under a contract with Yunneng Wind Power.For its role on the project, Jumbo Offshore deployed its DP2 Heavy Lift Crane Vessel Jumbo Javelin…
Kazakhstan's energy ministry said on Friday it expects a significant reduction in oil production during planned maintenance at its giant Kashagan oilfield in October.The ministry said Kazakhstan reaffirmed its commitment to the OPEC+ agreement…
Saudi oil and gas driller ADES Holding has acquired two premium jack-up drilling rigs from Vantage Drilling, contracted in Southeast Asia, for $190 million.The transaction encompasses the direct asset acquisition of the Topaz jack-up rig, contracted…
Massachusetts and Rhode Island are moving ahead with three offshore wind projects totaling 2.9 gigawatts (GW), or enough electricity to power about 1.6 million homes, government officials announced on Friday.The project selections, following…
Norway's offshore exploration licensing round in mature areas, launched in May 2024, has attracted bids from 21 firms, including Shell, ConocoPhillips, Equinor, Aker BP and TotalEnergies.The Norwegian authorities have received applications from…
The Ondas de Peniche (ONDEP) project has been awarded $21 million (€19 million) from the EU’s Horizon Europe funding program to deploy a 2 MW wave energy array featuring four WaveRoller wave energy converters.The ONDEP project will start in October 2024 and last for five and a half years…
U.S.-based engineering and construction giant KBR has been hired by Seatrium to develop topsides facilities for two floating production storage and offloading (FPSO) units, being designed for Petrobras’ Atapu and Sepia fields in the Santos Basin…
Norwegian seismic company TGS has started the acquisition of a 2D seismic survey in the Sumatra basin, Indonesia.The survey, conducted using COSL’s HYSY 718 vessel, is expected to comprise between 5,500- and 6,500-line kilometers, covering two regions…
Offshore drilling contractor Constellation has secured a new contract with Shell for its Alpha Star ultra-deepwater drilling rig offshore Brazil.The contract is for approximately 30 days, having started on August 30, 2024.The new contract will…
SBM Offshore has signed two share purchase agreements with its partner MISC Berhad related to two floating production storage and offloading (FPSO) units.Under the agreement, SBM Offshore will acquire MISC Berhad’s entire effective equity interest…