Trident Energy has brought online the C-45 infill well at Ceiba field, part of Block G offshore Equatorial Guinea, which is already producing over 5,000 barrels of oil per day.The well first came Online on October 15, and according to Trident Energy…
The CEO of an independent British oil producer which is buying North Sea assets owned by Shell and Exxon Mobil is being sued by his former employer for allegedly forging documents to steal substantial sums.Viaro Energy CEO Francesco Mazzagatti…
Ocean Winds, a joint venture between Engie and EDP Renewables, has installed the 60th and final offshore wind turbine at its Moray West offshore wind project in northern Scotland.The turbines are Siemens Gamesa SG 14-222 DD type, each capable of generating 14…
Avangrid, the U.S. unit of Spain's Iberdrola, has closed the sale of Kitty Hawk North offshore wind lease are to Dominion Energy for approximately $160 million.The sale price consists of a lease acquisition payment of $117 million and associated development cost reimbursement to Avangrid…
Oil and gas company Energean has lifted the second oil train for its floating production, storage, and offloading (FPSO) unit operating in the Mediterranean Sea, offshore Israel.The post-lift, installation and commissioning activities are expected to take up to six months to complete…
Shell reported on Thursday third-quarter profits of $6 billion that exceeded forecasts by 12% as higher liquefied natural gas (LNG) sales offset a sharp drop in oil refining and trading results.The results, together with a drop in debt and strong cash flow…
The OSV sector has concluded its second quarter earnings season, marking another quarter with strong profitability and favorable market conditions. However, negative oil market sentiment, with the Brent price down by 19% since the start of July…
Belgium-based offshore installation services company DEME has secured a contract, worth up to $320 million, to carry out the transport and installation works for the inter-array cables and secondary steel for the OranjeWind offshore wind farm in the Netherlands…
Offshore drilling contractor Vantage Drilling has listed its shares on Euronext Growth Oslo, a multilateral trading facility operated by Euronext.The company’s shares on Euronext Growth Oslo have been listed since October 28, 2024, under the ticker code VDI…
RWE has launched the SeaMe project in partnership with leading scientists to gain better understanding of the interactions between offshore wind farms and the ecosystem through the use of scientific approach combined with new AI-based and CO2 minimizing monitoring technologies…
Offshore drilling provider Transocean is in talks to merge with rival Seadrill, Bloomberg News reported on Wednesday, citing people familiar with the matter.The companies are discussing the potential structure of the combination, it said.However…
After more than years of continuous monitoring, no collisions between the TetraSpar floating offshore wind turbine and birds have been recorded at the deployment site at the Marine Energy Test Centre (METCentre), off the coast of Norway.Norwegian…
What drives cyber attackers and what are their main motives for malicious online activities? Who are the most prominent attackers in the maritime industry and how do they do it?According to the report from Marlink’s Security Operations Center on cyber security threats…
French subsea power cable maker and services provider Nexans has launched a cable recycling and recovery service in Europe, aiming to address the growing copper shortage by transforming the waste into recycled raw materials.Nexans is stepping…
Australia's second-largest oil and gas producer Santos estimated its full-year production to be at the top half of its forecast range on Thursday, and said its Pikka project could start oil production as early as 2025.The company expects to…
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