Noble Corporation has reported that its contract drilling services revenue for the first quarter of 2025 totaled $832 million compared to $882 million in the fourth quarter of 2024, with the sequential decrease driven primarily by the benefit…
Equinor and Polenergia have secured a final environmental decision for Bałtyk 1 offshore wind farm from the Regional Director for Environmental Protection (RDOŚ) in Gdańsk, Poland.This marks a milestone in the further development of what could…
German engineering firm Jörss - Blunck - Ordemann (JBO) has secured two offshore wind foundation design contracts with asset manager Luxcara for projects in the German exclusive economic zone (EEZ).The contracts are for Waterkant and Waterekke offshore wind farms…
Portugal's Galp Energia reported a 29% drop in adjusted first-quarter core profit on Monday, hit by falling oil output and a decline in refining margins to less than half the levels booked a year ago.Adjusted earnings before interest, taxes…
MODEC has executed a contract with Sumitomo Heavy Industries for the delivery of Gato do Mato floating production, storage and offloading (FPSO) unit for Shell, which will be deployed offshore Brazil.MODEC and Sumitomo Heavy Industries signed…
Italian energy contractor Saipem has secured a $590 million contract by Eni in the U.K. for the Liverpool Bay carbon capture and storage (CCS) project.The contract the course of three years, required to complete the project, which reached financial close earlier in April…
The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it expects can boost U.S. oil output.President Donald…
The Dutch government said on Friday it would commit 639 million euros ($726 million) to the construction of the country's largest carbon capture and storage project, after TotalEnergies and Shell withdrew part of their planned investments.The…
GLO Marine and VMS Group Denmark have secured a multi-vessel retrofit work for offshore support vessel operator Tidewater, expanding their role in the offshore energy sector.Covering 16 vessels across three continents, including several in U…
SubCtech’s Li-Ion Energy Storage Systems deliver clean, reliable subsea energy, powering ROVs, AUVs, and subsea infrastructure — reducing CO₂ emissions and OPEX for sustainable marine operations. Designed for longevity and safety in harsh offshore environments. The safe way to cut costs.
The offshore construction program for ScottishPower’s biggest-ever renewables project is officially underway with the installation of the first foundation for the green energy company’s USD$5.3 billion (£4 billion) East Anglia THREE offshore windfarm…
Dutch offshore installation firm Van Oord has introduced Jet-It as the latest unit to join its trencher fleet, following the completion of a test campaign in the North Sea.Building on the expertise gained from its previous trenchers, Dig-It and Deep Dig-It…
Top oilfield services provider SLB missed estimates for first-quarter profit on Friday, as weaker Latin American demand dragged on its international business, and the company warned of a potential industry-wide shift due to economic uncertainty…
The first wind turbine for 960 MW He Dreiht offshore wind farm, Germany’s largest offshore wind farm currently under construction, has been installed in the North Sea.He Dreiht is being built roughly 85 kilometers northwest of Borkum and about 110 kilometers west of Helgoland…
The trial of AI-powered vision systems to monitor bird movement at offshore wind farm, conducted by Spoor AI, Vattenfall, and the British Trust of Ornithology, has proved promising.The trial was conducted at Vattenfall’s Aberdeen Bay Offshore Wind Farm…
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