French designer and manufacturer of wind propulsion systems OceanWings has received approval in principle (AiP) from classification society Bureau Veritas (BV) for its ‘innovative’ wind propulsion technology.
Canada’s Africa Oil has boosted its ownership interest in Impact Oil & Gas, an Africa-focused exploration player with hydrocarbon exploration and appraisal assets in the Orange Basin off the coast of Namibia.
On a mission to bankroll the upgrade of its FPSOs, Yinson Production has placed a $100 million tap issue, bringing the total amount of the corporate bond to $600 million.
Velesto has joined forces with Petronas and NOV to enhance drilling operations by bringing robotics into play and boosting its jack-up fleet with a rig automation system.
Australia’s energy giant Santos has completed its two-well project forming part of an integrated development to commercialize the gas resources of Papua New Guinea.
LS Cable & System has signed a letter of intent (LOI) with Denmark’s Copenhagen Infrastructure Partners (CIP) for the supply of offshore cables for the Haewoori Offshore Wind 3 project in South Korea. The Haewoori floating offshore wind project is planned to be built in three phases, with a total ca
UK-based startup Carnot has selected waste-to-hydrogen producer Compact Syngas Solutions to provide 200 kilograms of hydrogen to power a 40-day sea trial of its zero-emission marine engine. Backed by a £2.3 million two-year government grant, Carnot has developed a 70%-efficient 50 kW hydrogen auxili
At the National Renewable Energy Laboratory (NREL) Flatirons Campus, researchers have embarked on testing a flexible wave energy converter (WEC) prototype, designed to advance the capabilities of marine renewable energy. The collaboration between NREL, the University of Florida, and the U.S. Depart
Hibiscus Petroleum, a Malaysian independent oil and gas exploration and production company, has achieved the first oil from the first well in its multi-well program at a field off the coast of Malaysia.
Conrad Asia Energy has disclosed information about its recent commercialization activities for shallow-water gas discoveries in two production-sharing contracts (PSCs) located off the coast of Indonesia’s Aceh Province, including a potential small-scale liquefied natural gas (LNG) plant.
Aberdeen-based energy services company THREE60 Energy has secured a six-year, multi-million-pound contract to lead what it says is the UK’s first multi-asset decommissioning scope. As part of a contract with a major North Sea operator awarded following a competitive tender process, THREE60 Energy sa
Stillstrom, Maersk’s offshore power and charging solutions developer, has deployed its Offshore eCharger system in a marine environment in Port of Aberdeen ahead of full offshore trials. The offshore charging system was deployed on Maersk Lifter, a multi-purpose anchor handling tug supply vessel (AH
Dolphin Drilling has struck a deal with a North Sea operator to receive a compensation fee for the early termination of a drilling campaign one of its semi-submersible rigs was hired to carry out on the UK Continental Shelf (UKCS).
French software provider Syroco has released the performance data obtained from the first months of deployment of the wind propulsion system and weather optimization technology installed on TotalEnergies-chartered tanker Alcyone.
