Azule Energy, a joint venture between BP and Eni, has started producing oil through the Agogo floating production, storage and offloading (FPSO) unit, operating at the Agogo Integrated West Hub (Agogo IWH) project, offshore Angola, which involves the development of two fields…
Shell's second-quarter adjusted earnings, its definition of net profit, tumbled by almost a third on Thursday, dragged down by a drop in oil prices, but still easily beat analysts' forecasts.The oil major said it would maintain the pace of its share buyback programme at $3…
British gas producer Energean has taken the final decision to invest in the Irena gas field in the North Adriatic Sea off Croatia, it said on Wednesday.The gas field is located in the Izabela concession, an offshore gas development area in the North Adriatic Sea…
U.S.-based subsea services and technology firm Oceaneering has completed a major upgrade of its Ocean Intervention II oceanographic research vessel, equipping it to perform simultaneous autonomous offshore survey missions.The retrofit, carried out in early 2025 on the 25-year-old vessel…
Blue Water Suriname has secured rig agency and logistics contract for Noble Corporation’s Noble Developer rig, which is engaged on drilling operation for Petronas offshore Suriname.Blue Water team in Suriname will offer rig agency and the logistics and shorebase support Noble Developer…
Autonomous subsea robotics and software solutions specialist Nauticus Robotics has signed a master services agreement (MSA) with Advanced Ocean Systems (AOS), forming a strategic alliance seeks to accelerate the integration of autonomy across the offshore sector…
Kongsberg Maritime has signed a development program framework agreement with Noble Corporation, marking a key step forward in the co-development of advanced marine technologies for the offshore drilling sector.The long-term strategic partnership will focus on the joint development…
Texas-based oilfield services company Weatherford has secured a significant contract to deliver Managed Pressure Drilling (MPD) services for the Trion project, a deepwater oil production project in Mexico operated by Woodside’s Mexican subsidiary…
Onshore wave energy technology firm Eco Wave Power has completed the installation of floaters for its first U.S. wave energy project at the Port of Los Angeles.With this critical milestone achieved, the company is moving full speed ahead toward the official unveiling on September 9…
BW Energy, together with NAMCOR E&P, has contracted the Deepsea Mira semi-submersible rig for the drilling of the Kharas appraisal well on the Kudu license, offshore Namibia.The drilling operation in the Orange Basin is scheduled for the second half of 2025…
Beacon Offshore Energy LLC said it began oil and natural gas production at its Shenandoah field off the coast of Louisiana on Friday, nearly a month after it was originally expected to commence.Beacon, which in May said it expects first oil in June…
Britain will increase the guaranteed price offered for offshore wind projects in this year’s renewables auction by 11%, government documents showed, amid rising costs for projects due to inflation and supply chain bottlenecks.The Labour government…
AquaTerra Group, an Aberdeenshire-based construction and maintenance firm, has been awarded two multi-year contracts with energy majors BP and Ithaca Energy to provide brownfield asset integrity services across North Sea installations.The contracts…
MENCK, a brand in marine energy and infrastructure services company Acteon, has secured a contract to supply advanced pile-driving equipment and operational services for the installation of the Hornsea 3 offshore wind farm.Acteon will supply its MENCK MHU4400S hydraulic hammer…
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, has launched the first U.S. flagged, Jones Act-compliant subsea rock installation (SRI) vessel, named Acadia, at Hanwha Philly Shipyard.The…
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