Oil and gas firm Rhino Resources and its partners have spudded the Volans-1X exploration well in PEL85 license, offshore Namibia, using Odfjell Drilling-managed Deepsea Mira semi-submersible rig.Drilled by the Deepsea Mira in water depths of around 1…
The Ministry of Petroleum and Mineral Resources of Egypt has signed an agreement with Eni and BP to launch oil and gas exploration activities in the Mediterranean Sea.The agreement includes the drilling of an exploration well in the Temsah concession area in the coming months…
The Scottish Government has granted consent and marine licenses for SSE Renewables’ 4.1 GW Berwick Bank offshore wind farm, which could become the world’s largest offshore wind farm.The Section 36 consent determination by Scottish ministers…
French subsea power cable maker and services provider Nexans has formed partnership with Crowley Wind Services to develop and operate a Jones Act compliant cable lay barge. The cable lay barge will be dedicated to supporting the installation…
Energy industry services firm EnerMech has been awarded a two-year contract extension by BP Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the Caribbean country.Project scope includes crane operations…
Four jacket foundations have departed from Navantia Seanergies’ facilities in Fene, Spain, towards the 496 MW Dieppe Le Tréport offshore wind farm being built in France.Each of these 1,200-tonne structures is part of an offshore wind farm developed by Les Éoliennes en Mer…
Oxford Flow has started commercial trials of its stemless control valve with ADNOC, marking a major step forward in industrial decarbonization across one of the world’s leading energy producers.The pilot is a result of Oxford Flow’s success…
Abu Dhabi state-owned renewables company Masdar reported a 2024 profit of 412 million dirhams ($112.18 million) on Thursday, reversing a 44-million-dirham net loss recorded the previous year.The company's total assets more than tripled in the year ending December 31…
MODEC has received an Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its floating wind turbine concept, the i-TLP2.With its tension leg platform (TLP)-oriented features, the i-TLP2 is said to minimize floater motions and seabed footprint…
Italian offshore services provider Next Geosolutions (NextGeo) has secured two new contracts from Prysmian, worth $23.5 million, to deliver its services for Bay of Biscay interconnection project and offshore wind farm developments in the Netherlands…
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…
The US Bureau of Ocean Energy Management (BOEM) has rescinded all designated Wind Energy Areas (WEAs) on the U.S. Outer Continental Shelf (OCS).BOEM says the action is being taken in accordance with Secretary’s Order 3437 - Ending Preferential Treatment for Unreliable…
Nippon Steel signed a cooperation memorandum with Denmark's wind turbine maker Vestas Wind Systems on Wednesday to supply steel for Vestas' wind towers for European, Asian and Japanese markets, Japan's industry ministry said.The agreement was part of a broader push by Japan's Ministry of Economy…
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…
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