Vaalco Energy has achieved strong initial results from a development well offshore Gabon and remains on track to restart production at its Baobab field in Côte d’Ivoire in the second quarter of 2026.The company said the Etame 14H well has been drilled…
ScottishPower, part of Iberdrola, and Masdar have installed the first turbine at the $5.4 billion (£4 billion) East Anglia THREE offshore wind farm, marking a U.K. record with blades measuring 115 meters.The blades are the largest manufactured and installed for a project in U…
Stillstrom, a unit of A.P. Moller - Maersk, has launched two offshore charging systems aimed at supporting vessel electrification in the offshore wind sector.The new solutions, Power Hub and Power Tower, are designed as standalone systems that…
Austria’s OMV has appointed Emma Delaney as Chairwoman of the Executive Board and Chief Executive Officer (CEO) effective September 1, 2026, becoming the first female to lead the company.Delaney will succeed Alfred Stern, whose mandate is set to conclude as planned on Augugst 31…
The conflict between Iran and the United States and Israel is creating the worst energy crisis ever faced by the world, the head of the International Energy Agency (IEA) said on Tuesday.'This is indeed the biggest crisis in history,' Birol told…
A Dutch climate activist group launched a new court case against Shell on Tuesday in the Netherlands, demanding that the British energy major immediately end its investments in new oil and gas projects.Like a number of its peers seeking to capitalise…
Norway's combined oil and gas production exceeded an official forecast by 2.8% in March, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…
Oil and gas producer Sable Offshore said on Monday it was ramping up production across its California assets as more wells come online and a third platform is set to begin operations later this year.Its shares were up 3.7% in premarket trading…
Jadestone Energy has signed a gas sales and purchase agreement with PV Gas, a subsidiary of state-owned Petrovietnam, for the supply of gas from the Nam Du and U Minh discoveries offshore Vietnam.The agreement sets out terms for gas sales, with…
Mermaid Subsea Services (UK) has extended its contract for the subsea support vessel Island Valiant, reinforcing its position in the North Sea decommissioning market.The vessel has supported Mermaid’s operations in the region for the past three years…
China-based offshore wind foundations manufacturer Dajin Heavy Industry has launched a 40,000 DWT deck carrier, KING TWO, at its Panjin shipbuilding facility.The vessel, launched on April 19, is the second large-scale deck carrier built at the facility…
Data and intelligence firm TGS has extended the ongoing multi-year proprietary Ocean Bottom Node (OBN) acquisition contract in the Gulf of America.TGS said the OBN acquisition contract has been extended for three more years.“This continuation…
Norwegian oil and gas firm OKEA has agreed to sell its 20% working interest in the PL1119 license, which contains Mistral discovery, to Japex Norge for $30 million.The transaction, effective from January 1, 2026, is subject to customary government…
Offshore drilling contractor Odfjell Drilling has reported an equipment handling incident on its Deepsea Atlantic rig, which caused a blowout preventer (BOP) to drop to the seabed and prompted a suspension of operations.The incident occurred on April 18 while running the BOP…
A Massachusetts judge on Friday blocked GE Vernova from abandoning work on the largest offshore wind farm in New England after developer Vineyard Wind refused to pay over $300 million the turbine supplier says it is owed for the $4.5 billion project…
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