Houston-based Noble Corporation contracted with Kongsberg Digital for the delivery of navigation, engine and dynamic positioning (DP) simulators based on Kongsberg Maritime’s K-Pos DP system. The simulators will be tailored and integrated with…
Norwegian oil and gas player Vår Energi and its partner Equinor have proven oil in an appraisal well in Barents Sea, drilled to delineate the Countach discovery, which is now being considered for tie-back to the nearby floating production, storage…
Exxon Mobil said on Wednesday its annual project spending will rise to between $28 billion and $33 billion between 2026 and 2030, with a goal of lifting oil and gas output by 18%.The top U.S. oil producer laid out a five-year plan to expand…
Delmar Systems has been selected to deliver mooring scope for TotalEnergies’ Culzean floating wind pilot project, which will supply renewable electricity to an offshore oil and gas platform in the North Sea.Delmar Systems was hired by Archer Wind…
The National Subsea Centre (NSC), a center of excellence for subsea research and technology development, has been awarded a grant to develop a subsea decommissioning optimization software demonstrator with PlanSea, a developer of marine logistics artificial intelligence (AI) technology…
Denmark's latest offshore wind farm tender in the North Sea has failed to attract any bids, authorities said on Thursday, in a further setback for the industry.After a year of challenges, the global offshore wind industry no longer has much…
In the wake of Donald Trump's election as U.S. President, all eyes have been trained on the U.S. Offshore Wind market and future, with his promise to stifle the U.S. Offshore Wind market in favor of oil and gas. But a recent lackluster performance…
The oilfield service sector is poised for more consolidation in 2025, according to Deloitte's 2025 Oil and Gas Industry Outlook, with President-elect Donald Trump expected loosen regulations on the U.S. oil and gas industry.The uptick in deals…
FTAI Aviation, part of Fortress Transportation and Infrastructure Investors, has sold two of its remaining offshore energy vessels for approximately $143 million.FTAI Aviation sold the Pioneer DP2 subsea support vessel and the Pride DP3 offshore well intervention vessel to an unnamed customer…
Ocean Winds has extended its long-term operations and maintenance (O&M) contract with Principle Power for the 25 MW WindFloat Atlantic Project, the world’s first semi-submersible floating wind farm, located offshore Portugal.Since the project’s first WindFloat unit was installed in 2019…
Swedish wave energy company CorPower Ocean has partnered with SwitchH2, offshore floating production systems developer for the delivery of green hydrogen and green ammonia, to deliver industrial-scale floating green ammonia production facility partially powered by wave energy…
Proserv and Verlume have signed a memorandum of understanding (MoU) to explore collaborative opportunities in the subsea power and renewable sectors and bring innovative technologies to the rapidly evolving clean energy market.Under the terms of the MoU…
Korean Wind Energy Industry Association (KWEIA) and Norwegian Offshore Wind have signed a memorandum of understanding (MoU) to increase collaboration for the development of offshore wind.The MoU aims to get business going between offshore wind companies…
Scottish ocean energy pioneer Mocean Energy has launched a crowdfunding campaign on Crowdcube, Europe’s largest private market investment platform.The campaign, which is now live, aims to finance the next phase of the company’s growth plans as it looks to mature its wave energy technology…
Advanced boat-handling systems supplied by Vestdavit have been installed on the newbuild CSOV Olympic Notos delivered for Olympic by Norway’s Ulstein Verft, which is raising the bar in terms of sustainability and operational efficiency for such vessels employed in the offshore energy sector…
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