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SLB Names Raman CSO, CMO

Feb 14, 2025

SLB has named new chief strategy and performance officers, according to a company memo seen by Reuters, the latest steps in a larger reorganization of its global structure.Aparna Raman has been appointed chief strategy and marketing officer…

ADNOC Drilling Seeks Ways to Refinance $1.25B Debt

Feb 14, 2025

ADNOC Drilling, a unit of the United Arab Emirates' state oil giant, is looking to refinance debt maturing later this year worth an overall $1.25 billion, its chief financial officer said on Friday.The company will refinance a term loan worth…

MOL, Fukada to Collaborate on T&I Vessels for Floating Wind Turbines

Feb 14, 2025

Mitsui O.S.K. Lines (MOL) and Fukada Salvage & Marine Works have signed a memorandum of understanding to explore collaboration on transportation and installation (T&I) vessels for floating offshore wind turbines.Under the MoU, MOL and Fukada…

RWE to Protect Thor’s Offshore Wind Foundations with Reused Covers

Feb 14, 2025

RWE has taken delivery of 36 out of 72 of the reusable covers, supplied by Dutch company Circular Covers, which will be used to protect the foundations of the 1.1 GW Thor offshore wind farm, being built in the Danish North Sea.The covers, which have arrived in Thyboron Port…

Eco Wave Finds Partner for Wave Energy Project in India

Feb 14, 2025

Eco Wave Power Global has signed a Memorandum of Understanding (MoU) with Bharat Petroleum Corporation Limited (BPCL), marking a first step for the introduction of wave energy into India’s renewable energy strategy.The collaboration aligns with…

Subsea Global Solutions Appoints Eric Smith as CCO

Feb 14, 2025

Subsea Global Solutions, an underwater maintenance and repair services specialist, has named Eric Smith as Chief Commercial Officer (CCO).With a career spanning leadership roles in maritime operations, commercial management, and strategic business development…

Canadian Oil and Gas Firm Intensifies Ops at Gas Field Off Türkiye

Feb 14, 2025

Trillion Energy has started with the preparations to stimulate two wells at SASB gas field in an effort to enhance production at the project in the Southwestern Black Sea, offshore Türkiye.During January 2025, Trillion Energy completed installation…

Chevron Takes Operatorship of Namibia Oil Block After Farm-In Deal

Feb 14, 2025

U.S. oil and gas major Chevron has completed the arm-in agreement with Custos Energy and NAMCOR for PEL 82 in the Walvis Basin offshore Namibia, acquiring an 80% participating interest and operatorship of the development.Following Chevron’s 80% farm-in…

Equinor Gets Permit for New York Offshore Wind Farm’s Grid Cables

Feb 14, 2025

New York's utility regulator on Thursday granted a unit of Norwegian energy firm Equinor permission to build and operate transmission facilities for the company's Empire Wind 1 offshore wind farm under construction off the state coast.The transmission line for the project runs about 17…

Zohr Gas Field Off Egypt Soon to Start Production

Feb 14, 2025

Egypt's giant Zohr gas field will start production after resuming drilling within weeks, Prime Minister Mostafa Madbouly said on Thursday, adding that operator ENI had a plan to expand drilling in the next two years.Production had been curbed because of arrears owed to foreign oil companies…

In 2025 AI Won’t Just be a Tool

Feb 13, 2025

Some expert thoughts on AI in 2025:“In 2025, AI won’t just be a tool; it will be a collaborator.”“In 2025, the most productive employees will work alongside AI agents.”AI agents are an advance on large language models (LLMs). LLMs at present…

Navigating the Stormy Seas of U.S. Offshore Wind

Feb 13, 2025

Companies that once committed to investing in U.S. offshore wind infrastructure and supply chains are now scrapping their plans as the industry experiences significant challenges. These setbacks stem from project delays, soaring costs, and the…

Japan’s First Megawatt-Scale Tidal Energy Turbine Hits Water

Feb 13, 2025

Proteus Marine Renewables has deployed the AR1100 tidal turbine in Japan, which became the country's first ever megawatt-scale grid connected tidal energy system.Installed in the Naru Strait, the turbine will generate 1.1 MW of clean energy…

Brava Energia Signs Supply Deal with Trafigura for Atlanta Oil

Feb 13, 2025

Brazilian oil and gas firm Brava Energia has signed a contract with Trafigura for the sale of oil from the Atlanta field, offshore Brazil.The contract is for the sale of a total volume of 6MM barrels of oil produced by the consortium in Atlanta field…

Supply Chain Regrouping as Trump’s Stand on Offshore Wind Takes Toll

Feb 13, 2025

Companies that committed to investments in U.S. offshore wind infrastructure and supply chains are scrapping their plans as the projects they were meant to serve face huge setbacks, including President Donald Trump's plan to end federal support…

Current News

SLB Names Raman CSO, CMO

SLB Names Raman CSO, CMO

ADNOC Drilling Seeks Ways to Refinance $1.25B Debt

ADNOC Drilling Seeks Ways to R

MOL, Fukada to Collaborate on T&I Vessels for Floating Wind Turbines

MOL, Fukada to Collaborate on

RWE to Protect Thor’s Offshore Wind Foundations with Reused Covers

RWE to Protect Thor’s Offshore

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