Ocean services provider DeepOcean has secured a subsea survey contract on the Bałtyk 2 and 3 offshore wind developments in Poland which are jointly developed by Equinor and Polenergia.Under the contract, DeepOcean will conduct geophysical seabed…
Norwegian seismic specialist TGS has secured another offshore wind site characterization contract on the U.K. continental shelf, the second since the beginning of 2025.The contract has a total duration of approximately 30 days and the Ramform…
Shell on Thursday reported a fourth-quarter profit of $3.66 billion, missing estimates, on lower refining margins and lower liquefied natural gas (LNG) trading, while saying it would buy back shares worth $3.5 billion.The oil major also announced a 4% increase in its dividend…
Digital twin software provider Aize has secured a new agreement to act as a global partner for asset visualization for BP.Building on successful technical and operational delivery in the North Sea, Caspian Sea, and West Africa, the four-year…
Vattenfall has signed a power purchase agreement (PPA) with the chemicals group LyondellBasell (LYB) to provide it with fossil free electricity from the Nordlicht 1 offshore wind farm off the German coast.The agreement includes the supply of…
British finance minister Rachel Reeves said on Wednesday the government will remove barriers to delivering 16 gigawatts of offshore wind.'I can announce that we are removing barriers to deliver 16 gigawatts of offshore wind by designating new…
Reelwell, with Odfjell Technology as strategic partner, has secured a multi-year contract with Vår Energi for the provision of its DualLink-powered digital drill pipe technology.As part of the agreement, Reelwell’s DualLink technology will be…
Norwegian seismic specialist TGS has secured an offshore wind site characterization contract on the U.K. continental shelf for a repeat customer.The contract has a total duration of approximately 60 days and is scheduled to commence in the first quarter of 2025…
Oslo-listed offshore drilling firm Dolphin Drilling has informed that its Chief Executive Officer (CEO) Bjørnar Iversen resigned from the position.Jon Oliver Bryce has been appointed interim-CEO.Bryce currently holds the position as Chief Strategy…
Offshore drilling contractor Odfjell Drilling has agreed terms with Equinor to extend its contract for use of the Deepsea Atlantic semi-submersible rig until end the second quarter of 2027.Deepsea Alantic will operate under previously agreed…
The world's imports of liquefied natural gas are set to jump to the highest in a year in January as Europe's winter demand draws cargoes away from top-consuming region Asia.A total of 38.12 million metric tons of the super-chilled fuel is on track to be imported in January…
Strohm has launched TCP Designer, its new web-based tool developed to help companies design and engineer thermoplastic composite pipes for their projects.TCP Designer helps users ensure their piping systems meet critical requirements for water depth…
Industrial data and engineering consultancy Imrandd has secured the renewal of its longstanding contract with Dana Petroleum, extending its engagement for an additional two years to 2027.The extension ensures the continued delivery of critical integrity services for Dana's UK operations…
Terna Energy, a subsidiary of Masdar Group, has teamed up with Motor Oil for the development of first offshore wind farm in Greece.The procedures for the participation of the Motor Oil Group, through its subsidiary Motor Oil Renewable Energy (MORE)…
Enova, owned by the Norwegian Ministry of Climate and Environment, has awarded a grant of $107 million to Norway-based Wind Catching Systems for the deployment of a Windcatcher multi-turbine floating wind demonstrator.The $107 million has been…
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