Water injection and the transport of produced fluids are some of the main energy consumers in offshore production. Researchers at SINTEF point to the need for a balanced approach to optimizing energy efficiency.The handling of produced fluids, a mixture of oil, water, and gas, is essentially a huge waste of energy.Water production is primarily caused by channeling and uneven drainage along the wellbore resulting from mobility contrasts within the reservoir…
The Energy Workforce & Technology Council has released its December 2025 jobs report, marking the end of a year of workforce adjustment, market uncertainty, and federal labor data disruptions.Energy services employment totaled 629,372 jobs in December…
Bulgaria's state-owned energy group Bulgarian Energy Holding will acquire a 10% stake in oil and gas exploration rights for the Han Asparuh block in the Black Sea, the government said on Wednesday.The Council of Ministers approved the deal, allowing BEH to buy 5% each from OMV Offshore Bulgaria…
ELITE Oil & Gas has acquired the hazardous-area training business of EUTEX International, expanding its specialist training capabilities across Asia and the Middle East.The acquisition includes EUTEX’s hazardous-area training operations, its internationally recognized CompEx and IECEx courses…
Marine seismic company PXGEO has appointed two senior executives to strengthen its leadership team and support operational performance across its global operations.Bob Nouh has been named technical solutions director and senior vice president…
When we interviewed Saronic Co-Founder and CEO Dino Mavrookas late last year, he insisted that Saronic's mission was to deliver commercially viable autonomous vessels first, and in turn parlay that into a ready package for defense. That vision…
Francbord, a new Breton industrial group resulting from the evolution of the Ecomer group, announced its merger with the SME Enag, strengthening the group's position as a supplier of technological solutions dedicated to the maritime sector and industry…
Following several years of record-high workload, Aker Solutions forsees activity levels decreasing in 2026 compared to 2025. To adapt to the market situation and prepare for the future, Aker Solutions will reduce capacity and headcount in certain areas…
Hytech-Pommec announced that Joris Vogels has been appointed Chief Executive Officer as of January 1, 2026. He succeeds Eric Lamkin, who has led the company in recent years and will remain closely involved in its strategic direction as a shareholder…
Wind Power LAB (WPL), a Danish specialist in blade inspection and wind turbine consulting services, has appointed Lene Hellstern as its new Chief Executive Officer.Hellstern brings over 24 years of experience in the global onshore and offshore wind industry…
On Friday, January 2, 2026, Orsted said it was challenging the U.S. government's suspension of the lease for its Revolution Wind joint venture and would seek a court injunction against the decision to halt its $5 billion offshore wind project…
Brazil's Superior Labor Court ruled staffing levels to remain at 80% at all Petrobras facilities in Brazil as negotiations between workers at the state-run oil company drag on amid a prolonged strike.In a statement from the court, the ruling…
Danish offshore wind developer Orsted has agreed to sell a 55% stake in its Greater Changhua 2 offshore wind farm in Taiwan to life insurance company Cathay in a deal worth around 5 billion Danish crowns ($788.74 million), it said on Tuesday…
Offshore drilling contractor Dolphin Drilling has appointed new chief executive officer (CEO) following the resignation of Jon Oliver Bryce.Dolphin Drilling’s board of directors has appointed Michael Boyd, currently the company’s Chief Commercial Officer…
The bp Board has appointed Meg O’Neill as bp’s next CEO effective April 1, 2026.Murray Auchincloss is stepping down from his position as CEO and director of the Board, effective December 18. Carol Howle, current executive vice president, supply…
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