Eastern Mediterranean-focused gas producer Energean posted a 45% jump in first-half profit on Wednesday, helped by a lower tax charge in Italy, and said production had recovered strongly following the restart of operations in Israel.The company…
McDermott has secured a subsea contract from Eni for the Cronos gas field development offshore Cyprus, following the recent final investment decision for the country's first gas development.Under the contract, worth between $500 million and $750 million…
T12 Engineering has secured funding from the Offshore Wind Growth Partnership (OWGP) to advance its Floating Mooring System (FMS), a technology designed to reduce the cost and complexity of maintaining floating offshore wind turbines.The latest…
Belgian transmission system operator Elia Transmission Belgium has secured a $1.15 billion (€1 billion) green credit facility from the European Investment Bank (EIB) to finance the second phase of the Princess Elisabeth Energy Island project in the North Sea…
Ventura Offshore has entered into an agreement with Eldorado Drilling to provide marketing and operations management services for the seventh-generation ultra-deepwater drillship Deep Value Driller, while also securing a drilling contract with Petronas E&P Bobara in Indonesia…
Italian energy services firm Saipem has secured a contract from GOE Petrol Sanayi for commissioning services on the Osman Gazi floating production unit (FPU), destined for the Sakarya gas field development in the Turkish Black Sea.The contract…
Windward Offshore has taken delivery of the Windward Hamburg, completing its four-vessel series of purpose-built commissioning service operation vessels (CSOVs) ordered from shipbuilder Vard.The delivery brings the Windward Hamburg into the fleet alongside sister vessels Windward Athens…
Argentine President Javier Milei's push for sanctions on oil companies drilling offshore in the British-controlled Falkland Islands has put Israeli investors at the centre of a sovereignty dispute over which Britain and Argentina went to war in 1982…
CM Energy has announced plans to introduce CM Zenith into the European offshore wind market from Q1 2028, following a targeted modification and upgrade program to meet international class, flag and operational requirements.CM Zenith, formerly…
ABS and JB Energy have signed a memorandum of understanding (MOU) to collaborate on strategic studies for the proposed Aura Sul Wind Project, a floating offshore wind pilot under consideration in Rio Grande do Sul, Brazil.ABS will support two…
Proserv has secured a full deployment contract with Equinor to install its ECG™ cable monitoring technology at the 402 MW Dudgeon Offshore Wind Farm off the Norfolk coast, UK, with deployment scheduled to commence in 2027.Located approximately 32 km off the north Norfolk coast…
Kongsberg Maritime has secured a contract from COSCO Shipping (Qidong) Offshore Co., Ltd. to supply an integrated technology package for two new Wind Turbine Installation Vessels (WTIVs) being built for offshore wind installation company Cadeler…
Nadara has submitted a Scoping Report and Habitats Regulations Appraisal (HRA) Screening Report to the Marine Directorate, for the offshore transmission infrastructure associated with the proposed 1.8-gigawatt Bellrock floating offshore wind project in Scotland…
Shell Offshore, a subsidiary of British oil and gas major Shell SHEL.L, said on Wednesday it would acquire a 30% stake in the BP-operated Conifer exploration prospect in the Gulf of Mexico.Shell and BP are prioritizing long-term growth in their…
Ørsted has celebrated the completion of major construction works for the 920MW Greater Changhua 2b and 4 offshore wind farms. Following the 900 MW Greater Changhua 1 and 2a offshore wind farms that came into operation in 2024, this is Ørsted's second gigawatt-scale offshore wind project in Taiwan…
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