Latest News - page 82

 

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…

New UXO Removal Contractor Enters Offshore Renewables Market

Feb 13, 2025

Pritchard-Gordon group of companies has launched PG Renewables, a turnkey contractor providing offshore and nearshore Unexploded Ordnance (UXO) identification and clearance services for the marine energy and offshore wind markets.PG Renewables…

Norway Forecasts Record Oil and Gas Investment Year

Feb 13, 2025

Norwegian oil and gas investments this year will exceed the record levels of 2024, driven by a flurry of development projects, a national statistics office (SSB) industry survey showed on Thursday.The country's biggest business sector forecast investment of 253…

ARO Drilling and IMI Shake Hands for First Saudi-Built Jack-Up Drilling Rig

Feb 13, 2025

ARO Drilling, a joint venture between Aramco and Valaris, and International Maritime Industries (IMI) have signed an agreement to build a new jack-up drilling rig, Kingdom 3, which will be the first to be constructed in the Kingdom of Saudi Arabia…

Kongsberg Maritime Unveils New Mooring Installation Solution for OSVCs

Feb 13, 2025

Kongsberg Maritime has developed a mooring capable solution for Offshore Construction Vessels (OSCVs), expanding the capabilities of construction vessels to make them suitable for pre-laying of mooring lines.By integrating a purpose designed anchor handling winch…

T12 Engineering Expands Oil and Gas Services to Norway

Feb 13, 2025

T12 Engineering has established a new office in Oslo, marking a significant step in its strategic expansion into Norway’s oil and gas market.The specialist U.K. firm is targeting independent owner-operators in Norway’s oil and gas sector looking…

UK Opens Incentive Scheme for Offshore Wind Farms

Feb 13, 2025

Britain opened an incentive scheme on Thursday for offshore wind projects, seeking to persuade developers to provide the investment to meet an ambitious goal of decarbonising the country's energy system by 2030.The scheme, called the 'Clean Industry Bonus'…

Current News

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Iberdrola Picks Up $4.9B to Fi

Perenco Brings Woodside’s Trinidad Oil and Gas Assets Into Its Fold

Perenco Brings Woodside’s Trin

Vallourec Brings CNOOC, Petrochina as New Clients in Iraq

Vallourec Brings CNOOC, Petroc

Germany’s SEFE Inks Three-Year LNG Supply Deal with ADNOC

Germany’s SEFE Inks Three-Year

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