Latest News - page 23

 

Judge Rules Trump can Reconsider SouthCoast Wind Approval

Nov 04, 2025

A U.S. District Court judge ruled on Tuesday that U.S. President Donald Trump's Interior Department may reconsider the Biden administration's approval of the SouthCoast Wind project planned off the coast of Massachusetts.The order sends the…

AST Networks Unveils MODULA Connectivity Solution

Nov 04, 2025

AST Networks, satellite and remote connectivity specialists, have announced the launch of MODULA, a flexible and fully scalable modular approach to hybrid connectivity, designed to give maritime, offshore, and remote land-based customers the…

BP Beats Profit Expectations in Q3, No Update on Castrol Lubricants Sale

Nov 04, 2025

Oil major BP reported a smaller than expected fall in third-quarter underlying profit on Tuesday as a strong performance at all divisions led by refining helped to offset the impact of lower crude prices.However, there was no update on the closely…

Major Oil and Gas Projects Drive Strong OSV Demand in the Middle East

Nov 04, 2025

The Middle East continues to stand out as one of the most active regions for offshore support vessel activity, underpinned by the strategic expansion plans of national oil companies (NOCs) to boost offshore oil and gas production. A series of…

Kazakhstan Raises 2025 Output Forecast for Kashagan and Karachaganak Oilfields

Nov 04, 2025

Kazakhstan's state energy company KazMunayGaz has raised its production forecast for the Kashagan and Karachaganak oilfields this year to 18.25 million metric tons (mmt) and to 11.2 mmt respectively, it said on Tuesday.The previous forecast for Kashagan was 17…

Yinson Production Looks to Namibia Expansion

Nov 04, 2025

Yinson Production, the offshore unit of Malaysia's Yinson Holdings, plans to expand into Namibia and is considering an initial public offering within three to five years, its CEO said on Tuesday.The company, which in January received a $1 billion investment from global funds…

Oceaneering Expands Vision Platform with Subsea Module for Engineering‑Grade Integrity Visualization

Nov 04, 2025

Oceaneering International, Inc. announced Vision Subsea, a new module within the cloud‑based Vision 3D data visualization software platform developed by GDi, an Oceaneering company. The module presents engineering-grade point cloud data generated during ROV operations…

NOD Issues New CCS guidelines

Nov 03, 2025

The Norwegian Offshore Directorate (NOD) has drawn up guidelines explaining how to fulfil the requirements in Section 26 of the regulations relating to documentation in connection with storage of CO2 on the Norwegian continental shelf.The objective…

Output from QatarEnergy's North Field Expansion Slated for 2026

Nov 03, 2025

The CEO of QatarEnergy, one of the world's biggest liquefied natural gas producers, told Reuters on Monday that the company's massive North Field expansion project will produce its first LNG in the second half of 2026.The state-owned company said in May that first production at the field…

Venterra Appoints New Managing Director at CAPE Holland

Nov 03, 2025

Venterra Group has appointed Frank Koopman as Managing Director of CAPE Holland, effective November 1.Koopman brings a distinguished track record in the renewable energy sector and is known for his expertise in leading technical organisations…

Orsted Sells 50% Stake in UK Wind Farm for $6b

Nov 03, 2025

Denmark's Orsted said on Monday it agreed to sell a 50% stake in Britain's Hornsea 3 offshore wind farm for 39 billion Danish crowns ($6.09 billion), widely regarded as a crucial move to prevent a crippling credit rating downgrade.Orsted, the world's largest offshore wind developer…

DESFA Secures €169.3m for Carbon Storage, Pipeline Project

Nov 03, 2025

Greek gas operator DESFA, 66%-owned by a consortium led by Italy's Snam, said on Monday it had secured 169.3 million euros from the European Union's Innovation Fund for its carbon storage and pipeline project.'The project includes a CO2 liquefaction…

SLB Unveils New Agentic AI Technology for the Energy Industry

Nov 03, 2025

Global energy technology company SLB announced the launch of Tela, an agentic AI assistant purpose-built to transform the upstream energy sector. Tela leverages agentic AI to not only automate processes but transform workflows and drive better business outcomes…

Chevron Looks to Expand West African Acreage After Guinea-Bissau Deal

Nov 03, 2025

Chevron is looking to expand its acreage in West Africa, which is a strategic region for the U.S. oil major, a senior executive said on Monday after striking a deal to explore for oil in two offshore blocks in Guinea-Bissau.The blocks are in the Mauritania…

Seatrium Divests Non-Core Platform Supply Vessels For $59.7m

Nov 03, 2025

Seatrium Limited has announced that it has entered into a binding agreement with Brazilian vessel operator, Posidonia Shipping and Trading Ltda, an unrelated third party, to sell 100% equity interest in its indirect wholly-owned subsidiary, Guanabara Navegação Ltda (GNL)…

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DEME Set for Monopiles, Cables Installation Job at Polish Offshore Wind Farm

DEME Set for Monopiles, Cables

Norway Gives Go-Ahead to Two Consortia in Floating Wind Tender

Norway Gives Go-Ahead to Two C

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