FORCE Technology and Asia Offshore Solutions (AOS) have signed a strategic partnership agreement to improve access to structural monitoring, advanced subsea inspection and cathodic protection services to the Australian offshore industry.As part of the partnership…
Marine geosciences and offshore construction support services firm Next Geosolutions has acquired a multi-purpose survey vessel (MPSV) from Beitveit Holding for $7.1 million.The vessel, Sea Admiral, will be renamed NG EXPLORER, and will be used for geophysical…
Collecting subsea data is logistically complex. Traditional platforms come with high costs, challenging deployments, and constant maintenance, making it difficult for onsite engineers to access the offshore data they need to operate safely & efficiently…
Viridien has completed the seismic imaging for the Selat Melaka multi-client 2D seismic program, covering the offshore area of the Langkasuka Basin in Malaysia.The newly available final seismic dataset clearly indicates the presence of a previously unseen Pre-Tertiary fold and thrust belt…
Drilling waste management specialist, TWMA, has announced the appointment of Jonathan Parkes as its new Group Commercial Director. This strategic hire comes as the Aberdeen-based company continues to build on a period of rapid international growth and expansion…
Iberdrola has received a production license from the Portuguese Directorate-General for Energy and Geology of Portugal (DGEG), taking another step towards the construction of the largest wind farm in Portugal.Located in the districts of Vila Real and Braga…
The National Subsea Centre (NSC), a center of excellence for subsea research and technology development, has been awarded a grant to develop a subsea decommissioning optimization software demonstrator with PlanSea, a developer of marine logistics artificial intelligence (AI) technology…
It was likely a fairly easy decision for OPEC+ to once again delay plans to increase oil output.The soft state of global demand is by itself sufficient reason to justify the decision at this week's meeting of the group to defer winding back some of its production cuts until at least April…
Brazil's state-run oil firm Petrobras PETR4.SA cut $1.1 billion in planned investments in decommissioning oil and gas platforms in its strategic plan for the 2025-2029 period, compared to what was earmarked in its 2024-2028 plan, the company told Reuters…
National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the Bureau of Ocean Energy Management (BOEM) released the Draft Programmatic Environmental Impact Statement (EIS) for oil and gas leasing…
Oil prices fell 1% on Friday and were headed for a weekly loss as analysts projected a supply surplus next year despite an OPEC+ decision to delay output hikes and extend deep production cuts to the end of 2026.Brent crude futures were down 85 cents…
Norwegian seismic specialist TGS has secured a large 3D streamer contract in the Southern Atlantic.Acquisition is scheduled to begin by the end of 2024.The contract has a duration of approximately 140 days, TGS said, without revealing any additional details…
Scientists from the University of Plymouth, Heriot-Watt University and the Marine Biological Association are leading a new project exploring the consequences of floating offshore wind farms on ocean life.The FRONTLINE project will employ AUVs…
Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was once seen as a key driver of the company's energy transition strategy.The changes are part of…
French subsea power cable maker and services provider Nexans has secured a contract from ScottishPower Renewables to supply and install export cables for the East Anglia TWO offshore wind farm in the southern North Sea.Under the contract, Nexans…
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