Energy technology company Baker Hughes and oil and gas major Repsol have signed an agreement to collaboratively develop and deploy next-generation artificial intelligence (AI) tool to optimize processes and workflows for oil and gas production…
Norwegian Electric Systems (NES) has secured a contract to develop and deliver the complete energy design, an integrated automation system and its future-oriented bridge system for a Field Support Vessel, being built by Green Yard Kleven for Romania’s OMV Petrom…
Oil and gas company Rockhopper Exploration has put in place insurance policy to cover the event that the Italian Republic succeeds in annulling Rockhopper Ombrina Mare arbitration award, while selling its remaining Italian assets to Zodiac Energy…
Romanian integrated energy company OMV Petrom has signed a shipbuilding contract with Green Yard Kleven for the construction of a Field Support Vessel that will operate for the Neptun Deep project.Neptun Deep is the largest natural gas project…
TotalEnergies signed a charter contract with Spanish shipowner Ibaizabal for a new Liquefied Natural Gas (LNG) bunker vessel of 18,600m3 capacity.This additional vessel might be deployed in Oman, where the company is developing the Marsa LNG…
Nevesbu, together with Iv, has developed a patented concept for a floating offshore substation (FOSS), which has already been tested at model scale at the Maritime Research Institute Netherlands (MARIN) in the Netherlands.The concept developed…
The CEO of the Kremlin-controlled energy giant Gazprom said on Thursday that Europe was damaging its own industrial sector by artificially destroying demand for gas, as Russian gas exports to the region have shrivelled.Alexei Miller said there could be gas price shocks and supply disruption ahead…
Oil and gas drilling services company KCA Deutag has secured a backlog exceeding $900 million in new contracts and extensions for land and offshore drilling projects across Saudi Arabia, Oman, Pakistan, Angola, and Europe.In offshore drilling segment of the backlog…
The North Sea Transition Authority (NSTA) and The Crown Estate have confirmed published a new Statement of Intent to confirm joint aspirations in ensuring a more sustainable and closely coordinated management of the seabed.The aim is to build…
An ExxonMobil-led consortium will move to the second phase of seismic research for gas exploration in a block off the Greek island of Crete, Greece said on Thursday.Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) said…
INEOS Energy has brought online the electric-driven compressor at the Teesside Gas Processing Plant, which will boost gas flows from the INEOS-operated Breagh gas field offshore U.K.The new compressor represents a significant investment that…
The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for two wildcat wells in the Barents Sea.The permit has been issued for wells 7122/7-8 and 7122/8-3 S in production license 229.The license is operated by Vår Energi…
Schottel Marine Technologies has released a report highlighting the potential of its Swift Anchor technology, which found it could deliver up to 12% of Levelised Cost of Energy (LCoE) savings for floating wind farms.The study was carried out…
Subsea technology and engineering company SMD has signed two new service level agreements (SLAs) with SEAJET, an OEG Renewables company, and Global Marine.Both SEAJET, an all-electric controlled flow excavation (E-CFE) service provider, and Global Marine…
French subsea power cable maker and services provider Nexans has launched a cable recycling and recovery service in Europe, aiming to address the growing copper shortage by transforming the waste into recycled raw materials.Nexans is stepping…
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