Azule Energy, the joint venture between Italian oil and gas explorer Eni and BP, expects to invest another $5 billion in Angola over the next four to five years, Eni's Chief Operating Officer Guido Brusco told Reuters on Wednesday.The latest…
U.S. oil and gas producer ConocoPhillips will cut 20-25% of its workforce as part of a broad restructuring, a company spokesperson said on Wednesday, after five sources told Reuters that CEO Ryan Lance detailed the plans in a morning video message…
President Donald Trump's administration plans to revoke federal approval of Avangrid's planned New England Wind project off the coast of Massachusetts, according to a court filing on Wednesday.The legal maneuver is the latest move by U.S. authorities to stymie development of offshore wind energy…
Chevron has signed a preliminary agreement with Angola's national oil and gas concessionaire ANPG to explore for oil in the country's offshore block 33/24, the U.S. oil major said on Wednesday.The risk services contract with Angola's National Oil…
New Wave Media, a leading B2B media company serving the global maritime, offshore energy, subsea and logistics sectors, acquired the Port of the Future Conference & Exhibition, a premier international symposium known for its focus on advancing port infrastructure…
Crane specialist Liebherr will deliver two BOS 4200 offshore cranes to South Korea’s HD Hyundai Heavy Industries for installation on a floating production unit (FPU) destined for Mexico’s Trion oil field.The BOS 4200 cranes, each with a lifting…
SPIE Global Services Energy, through its SPIE Wind Connect, has secured termination and testing job of the inter-array cables for the Taiwan Power Company (TPC) offshore wind farm phase II.SPIE Wind Connect signed the contract with Shinfox Far East Energy (SFE) for the 300 MW TPC phase II…
Engineers in the U.K. and Brazil have developed a tentacle-like underwater robot that could change how subsea pipelines and offshore structures are inspected, offering a safer and more precise alternative to conventional rigid systems.The one-meter-long flexible manipulator…
French offshore services provider Bourbon has signed a five-year charter contract with ExxonMobil to supply new 34-meter crewboats for oil and gas personnel transfers offshore Angola.The vessels will operate between Soyo and Block 15, about 80 miles offshore…
Principle Power has reported that offshore wind farms using its WindFloat technology have delivered more than 1 TWh of cumulative power to the grid since the first pilot was installed in 2011, marking a key step toward scaling floating offshore wind to commercial levels…
The U.K. has granted development consent for the 1.5 GW Morgan offshore wind farm, being developed jointly by JERA Nex bp and and Germany’s EnBW in the Irish Sea.The project is expected to generate enough electricity to power around 1.5 million homes once its 96 turbines become operational…
Saudi oil and gas drilling contractor ADES Holding has signed a multi-year contract extension for its jack-up rig Aquamarine Driller with QatarEnergy.The estimated value of the contracts is $215 million, including the firm and optional extensions…
Offshore drilling contractor Dolphin Drilling has signed a letter of intent for a contract for the Borgland Dolphin semi-submersible drilling rig.The potential contract would be expected to have a value of approximately $58 million.The scheduled start would take place in the second half of 2026…
Mexican state oil company Pemex signed its first mixed contracts with private sector partners in a bid to reverse declining hydrocarbon production, according to President Claudia Sheinbaum's government report delivered to Congress.The 11 deals…
Engineering consultancy Wood has secured a three-year contract extension to provide operations, maintenance, modifications and support services on Equinor’s assets at the Mariner field, located on the UK Continental Shelf (UKCS).With the extended contract…
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