Drydocks World has completed the full conversion and integration of the EMEM Floating production storage and offloading (FPSO) unit, delivering a key offshore asset to support production at Nigeria’s Okwok field.The FPSO, converted from double-hulled tanker…
COSL Drilling Europe is examining the development of fully electric blowout preventer (BOP), a move the company says could lower costs and improve efficiency in offshore drilling and plug and abandonment operations.The concept was originally created by John Dale and Electrical Subsea & Drilling…
Norway's combined oil and gas production lagged an official forecast by 3% in October, the Norwegian Offshore Directorate (NOD) said on Thursday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…
Oil majors TotalEnergies and Chevron have emerged as front-runners in the auction for a 40% operating stake in Galp's Mopane discovery in Namibia, four sources told Reuters.Oil companies have flocked to Namibia, which has no hydrocarbon production…
Saudi Aramco has signed 17 memoranda of understanding and agreements with U.S. companies, with a potential total value exceeding $30 billion, expanding its network of partnerships in sectors ranging from LNG and advanced materials to financial services…
Havila Shipping delivered a stronger third quarter in 2025, reporting improved profit before tax and maintaining high fleet utilization despite softer day rates and several vessels undergoing planned maintenance.According to the company’s quarterly report…
Australia’s estimated offshore oil and gas decommissioning cost has been revised down to $28.3 billion (A$43.6 billion) by 2070, supported by rising sector efficiency and improved forecasting methods, according to new research from global energy consultancy Xodus…
Dieseko Group and CorPower Ocean have formed a strategic consortium to launch VibroDrive+, a research project aimed at improving offshore anchor design and installation efficiency for marine energy and floating wind applications.Supported by $460…
Allseas’ small modular reactor (SMR) technology could generate up to $150 million billion in economic value for the Netherlands and create as many as 40,000 new jobs by 2050, according to an impact study released on Monday by the offshore engineering group…
Oil and gas firm Ithaca Energy has extended the stay of Prosafe’s Safe Caledonia accommodation rig at the Captain field in the U.K. sector of the North Sea.Ithaca has exercised a further seven weeks of options for the Safe Caledonia, extending its stay through to early February 2026…
Technip Energies Loading Systems has secured a contract to supply three fully electric marine loading arms for phase 2 of the Northern Lights CO2 transport and storage project in Øygarden, Norway.The loading solution will be installed at the…
Offshore operators are using an array of smart tools and techniques to optimize production, including from tiebacks, and cut emissions in the North Sea, a new report from the North Sea Transition Authority (NSTA) shows.The Technology Insights…
Fisheries and Oceans Canada (DFO) has issued a Fisheries Act Authorization to Eauclaire Tidal Ltd. to deploy up to three Orbital Marine Power Ltd (Orbital) O2-X tidal energy devices at the Fundy Ocean Research Centre for Energy (FORCE). This marks the first project to proceed under Canada’s revised…
Ørsted has launched its new offshore installation technology platform, Osonic, after signing a preferred supplier agreement with German energy infrastructure asset manager Luxcara, marking the first commercial step for the company’s low-noise monopile installation method…
Marine geophysical services company PXGEO has signed two significant contracts with Petrobras-led consortia, to deliver seismic data acquisition and monitoring services in the Santos Basin, offshore Brazil.The projects will run consecutively…
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