Scotland-based OGTC has extended its latest Call for Ideas to June 14, with the organization set to invest up to £1million (around $1,4 million) 'in game-changing technologies which will accelerate Hydrogen production, transportation, storage and utilization…
Horisont Energi and seismic data firm TGS have signed a Memorandum of Understanding to jointly develop new Carbon Capture and Storage (CCS) technologies.The parties will work to identify and develop efficient methods for both the identification…
Oilfield services company Schlumberger has appointed Dr. Katharina Beumelburg to the position of Chief Strategy and Sustainability Officer, reporting to Olivier Le Peuch, Chief Executive Officer. The appointment is effective Monday, May 17.As a member of the executive team…
U.S.-based offshore drilling contractor Diamond Offshore's new CEO Bernie Wolford will have a base salary of $700,000 plus bonuses, the company said Thursday.As previously reported, Diamond Offshore, which in April emerged from their chapter…
According to new research from Oxford Brookes University, vertical offshore wind turbines are much more efficient in large-scale wind farms than conventional turbines, and when used in pairs, vertical turbines can boost each other's output by up to 15%…
Genesis, an engineering services subsidiary of Technip Energies, teamed up with the University of Massachusetts, Amherst (UMass), to jointly develop shallow water floating offshore wind concept funded by The National Offshore Wind Research and…
Wave energy technology developer or CorPower said this week it was approaching completion of' the world’s largest wave energy test-rig' following a two-year project. The 45-tonne moving mass system located in Stockholm is capable of simulating ocean wave conditions anywhere in the world…
Equinor Ventures, oil firm Equinor's corporate venture arm dedicated to investing in ambitious early phase and growth companies, has signed a Letter of Intent (LOI) with f3nice, an Italian additive manufacturing company. F3nice’s technology…
Schlumberger's coherent well construction planning solution DrillPlan has received a 2021 OTC Spotlight on New Technology Award. The annual awards program recognizes new, innovative technologies that are advancing and revolutionizing the future of offshore energy…
Offshore services provider Global Maritime has won a contract with offshore wind developer Ørsted in Taiwan.Global Maritime Singapore will provide of Marine Warranty Services from Orsted Taiwan Limited, in support of the Greater Changhua 1 & 2a Offshore Wind Farms WTG installation scope of work…
DNV has launched a research project to develop an automated data processing method for verification of detected wind turbine blade defects.The aim of the research is to build trust and generate broader acceptance of automated data processing…
Japan's biggest oil and gas explorer Inpex Corp raised its net profit forecast for 2021 by 40% on Thursday thanks to higher than expected oil prices but left its capital expenditure plans unchanged so it can repay more debt.Inpex is now forecasting a net profit of 140 billion yen ($1…
Japan's JGC has been awarded the Pre-Front End Engineering and Design (Pre-FEED) contract for an FLNG facility project in Nigeria.The project is being run by UTM Offshore Limited, a Nigerian private company engaged primarily in crude oil sales and construction equipment leasing…
Norway-based TGS, a provider of seismic data for oil and gas exploration, has this week started the acquisition of Pelotas 2D multi-client phase 3 offshore Brazil.The survey located in the Pelotas Basin covers approximately 17,000 line kilometers…
Indian offshore drilling rig owner Aban Offshore has resumed operations at its Aban IV jack-up drilling rig following a suspension due to a Covid-19 outbreak.Aban Offshore had suspended operations on the 1983-built, 2011-refurbished offshore drilling rig in the first week of May…
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