The European Commission is providing a €645 million ($755.10 million) grant for a renewable energy cluster near Bornholm in the Baltic Sea, Germany's economy ministry said Thursday, a major step towards the creation of a cross-border offshore hub…
Welding and coatings services provider for the energy sector CRC Evans has appointed Mauro Piasere as its new Chief Executive Officer (CEO).Bringing over 30 years of executive leadership experience in global energy markets, the industry heavyweight…
Danish power cable maker and services provider NKT has signed a contract with Energinet to deliver a HVDC power cable system for the offshore interconnector linking the Bornholm Energy Island to the power grid on Zealand.Energinet, the Danish transmission system operator (TSO)…
Koil Energy Solutions, an international specialist in subsea equipment and services, has secured a significant contract, which includes the supply of control equipment for a subsea isolation valve system.The purpose of the system is to protect…
Eco Wave Power has completed operational testing at its U.S. pilot wave energy project at the Port of Los Angeles.The operational testing marked the lowering of its floaters into the water for the very first time.The milestone follows the finalization of all installation works at the project site…
U.K.-based oil and gas firm Serica Energy has achieved first lifting of oil from the Triton floating production, storage and offloading (FPSO) unit in the North Sea since the resumption of production in July.Production continues to ramp up in line with the previously stated plan…
Equinor has pulled out of the Australian Novocastrian Offshore Wind Farm project which was planned for a location about 20 kilometers offshore from off Newcastle.It was partnered with Australian company Oceanex on the A$10 billion ($6.5 billion)…
Woodside has welcomed the Australian Federal Court's decision confirming the validity of the National Offshore Petroleum Safety and Environmental Management Authority’s acceptance of the Scarborough Offshore Facility and Trunkline (Operations) Environment Plan…
SPE Offshore Europe 2025 (OE25) will open its doors at the P&J Live from 2-5 September for what is set to be one of the most pivotal in the show’s 52-year history. With offshore energy at the centre of national and international debate, the…
U.S. natural gas futures fell about 4% to a nine-month low on Tuesday on near-record output, ample fuel in stockpiles and forecasts for less hot weather and lower demand through early September than previously expected.Another factor weighing…
Inyanga Marine Energy Group announced that Martin Murphy has been appointed as Chair of the Board.Following 12 years’ service in the Royal Navy, Martin has forged a career as an experienced CEO and Chartered Engineer. Martin has a strong leadership…
Offshore drilling contractor Shelf Drilling, through its subsidiary Shelf Drilling (North Sea) (SDNS), has secured a contract for the Shelf Drilling Winner jack-up rig with Tenaz Energy for operations in the Dutch North Sea.The firm term of the contract is one year…
Onshore wave energy company Eco Wave Power Global has installed its energy conversion unit at the Port of Los Angeles, marking a key step toward first operational testing of the company's inaugural U.S. wave energy pilot.The energy conversion…
Global energy technology company SLB and AIQ, the Abu Dhabi-based AI champion for the energy sector, have teamed up to advance AIQ’s continued development and deployment of its ENERGYai agentic AI solution across ADNOC’s subsurface operations…
The US Bureau of Ocean Energy Management (BOEM) has announced a direct final rule rescinding a section of its regulations that outlined the renewable energy lease sale schedule.Under the rescinded regulation, BOEM required the Secretary of the…
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