The ABS Board of Directors has elected John McDonald as the new Chairman and Chief Executive Officer of ABS at a board meeting on November 11.In the culmination of a well-planned succession process, McDonald, the serving ABS President and Chief Operating Officer…
Oil producers TotalEnergies, Qatar Energy and Petronas have signed a five-year agreement with Guyana's government to explore a shallow-water block, authorities and company executives said on Tuesday.Guyana has struggled to diversify its energy industry…
Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) announced it has secured a significant contract to provide 12 bespoke cryogenic submerged pumps to be installed on three LNG carriers which are being converted into floating storage and regasification units (FSRUs)…
A new generation of hybrid vessels is demonstrating significant gains in both fuel economy and operational output. For Olympic Subsea’s owner and CEO Stig Remøy, it proves that technology-led efficiency is the fastest path to decarbonization—and a powerful business case…
As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels (PSVs). Throughout 2025, the prices of oil- which drives exploration and production (E & P), have softened, moving down…
Austria’s Palfinger Marine has signed a contract to supply the world’s first fully electric offshore jib cranes for the Bałtyk 2 and Bałtyk 3 wind farms off Poland, marking an industry milestone in the electrification of offshore wind operations…
Odfjell Oceanwind has been granted Basic Design Approval (BDA) from DNV for the Deepsea Star floating offshore wind design.The BDA covers the use of Siemens Gamesa’s SG DD-236 15 MW wind turbine generator in a wide range of conditions, including…
Occidental Petroleum beat Wall Street expectations for third-quarter profit on Monday, as higher production helped the U.S. shale producer counter weaker oil prices.U.S. oil and gas output rose to a record in August even as benchmark Brent crude…
NEO NEXT Energy, a joint venture between Repsol and NEO, has exercised its pre-emption rights over BP’s P111 and P2544 licenses, blocking Serica Energy’s proposed $232 million deal for the North Sea assets.Serica Energy said NEO NEXT, a license partner…
Equinor and its partners have drilled a dry well in the Snorre area in the North Sea, offshore Norway.The wildcat well 34/6-9 S, or Avbitertang, was drilled in production license 554, 35 kilometers northeast of the Snorre field and 125 kilometers west of Florø…
Ming Yang Smart Energy has signed a Memorandum of Understanding (MoU) with Buhawind Energy Northern Luzon Corp. (BENLC) for a joint feasibility study on BENLC’s planned 2 GW offshore wind project in Ilocos Norte, Northern Luzon.Under the MoU…
Organized workers from Brazilian state-run oil firm Petrobras rejected a work agreement offered by the company and its subsidiaries, which prompted the approval of a 'state of strike,' the workers' union said in a statement on Monday.According to the union…
Shell has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review, the company said on Monday, a move that aligns with its current pivot away from renewables.Shell sold its 50% interest in MarramWind…
U.S. energy developer Glenfarne Alaska LNG and Baker Hughes have signed definitive agreements to advance the Alaska LNG project, which aims to export natural gas from Alaska’s North Slope to global markets.Under the agreement, Baker Hughes will…
Whether you're in offshore wind, grid operations, geotechnical engineering, or digital transformation, this session, in conjunction with Offshore Engineer, will offer actionable insights, live demos, and expert opinions on:Why cable heat matters…
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