Offshore drilling contractor Northern Ocean and oil and gas firm Rhino Resources have signed a contract extension for Deepsea Mira semi-submersible drilling rig for work offshore Namibia.The contract for Deepsea Mira with Rhino Resources, signed in July 2025…
Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas exports, in its latest attempt to help Ukraine in its war against Russia by trying to choke off Kremlin revenue.In October…
Austria’s Palfinger Marine has signed a contract to supply the world’s first fully electric offshore jib cranes for the Bałtyk 2 and Bałtyk 3 wind farms off Poland, marking an industry milestone in the electrification of offshore wind operations…
Shell has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review, the company said on Monday, a move that aligns with its current pivot away from renewables.Shell sold its 50% interest in MarramWind…
A new liquefied natural gas (LNG) carrier, Elisa Halcyon, ordered by France LNG Shipping SAS from Hyundai Samho Heavy Industries in Korea, was completed and delivered on October 31. The vessel will be chartered on a long-term basis (up to 20…
Oil and gas have not only fueled economies but created rivalries, territorial disputes and wars. In the last one hundred years or so, since petroleum resources have been commercially extracted it is central to numerous armed conflicts. Some notable examples…
Brazil's Petrobras has authorized studies for a logistics center in the Amazonian state of Amapa, where the state-run oil firm started exploring in a promising offshore block last week, state Governor Clecio Luis told Reuters.The company's logistics subsidiary Transpetro will do the studies…
Brazil's state-run oil firm Petrobras is in negotiations with SBM Offshore over two floating production vessels to be commissioned for its Sergipe deepwater projects, Petrobras head of Exploration and Production said on Wednesday.Petrobras hopes…
IX Renewables and Asia Cement Corporation (ACC) have signed a cooperation agreement for the Rui Li 1 floating offshore wind project in Tawian.Located deep waters off Hsinchu, the Rui Li 1 floating wind farm will have a planned installed capacity of 180 MW…
BP has awarded Oceaneering International and SLB multi-million dollar contracts to support a multi-well subsea intervention campaign at the Azeri-Chirag-Deepwater Gunashli (ACG) oil field in the Caspian Sea, marking the first use of riserless…
Brazilian state-run oil company Petrobras has reached a milestone with the Almirante Tamandaré floating production, storage and offloading (FPSO) unit, operating in the Búzios field in the pre-salt Santos Basin, with record production rate of 270…
A new storm-resistant ocean energy prototype has been installed off the coast of Gran Canaria, developed under the EU’s Horizon Europe-funded PLOTEC project, as a next step in harnessing ocean thermal energy conversion (OTEC) as a source of renewable energy…
JERA Nex BP, a joint venture between Japan's top power generator JERA and BP, plans to halt development of the U.S. Beacon offshore wind power project and lay off its U.S. employees in the coming months, the venture said in a statement.The decision marks the latest setback for the U…
As the maritime industry globally seeks to attract and retain crews, onboard amenities including seamless connectivity for gains in importance.Sign up now to listen in on the webinar 'Crewed Up or Crew Cut? Rethinking retention and recruitment at sea…
BP on Monday confirmed an oil and gas discovery in Namibia’s Orange basin as reported by African energy explorer and operator Rhino Resources earlier this month.Petroleum Exploration License 85, where the well was drilled, is operated by Rhino Resources with a working interest of 42…
Subscribe
