Swedish wave energy company Eco Wave Power has won the Smart Port Challenge Competition set up to find disruptive solutions that will facilitate transit at Morocco’s ports.
Seismic contractor PGS has completed GeoStreamer acquisition on 17th Round Blocks in Campos Basin offshore Brazil. Ramform Titan has surveyed additional open acreage to complete PGS coverage of the emerging plays of the outboard Campos Basin. This survey provides the first 3D seismic for Brazil’s 17
Swedish ferry operator Stena Line and terminal operator Noord Natie Ventspils Terminals (NNVT) have signed a 20-year contract securing the continuous ferry operation from the Freeport of Ventspils in Latvia.
The three-turbine tidal energy array, installed by Verdant Power in New York City, has generated 100MWh of clean power in less than three months of continuous operation, marking a record for marine energy production in the United States.
NHV Group has won a new long-term contract with Neptune Energy in support of its Seagull field development located in the UK Central North Sea.
French liquefied natural gas (LNG) containment specialist GTT is progressing the construction of land storage tanks in China.
BP and Equinor have closed the transaction for BP’s acquisition of a 50 per cent interest in the Empire Wind and Beacon Wind projects off the U.S. east coast. The closing of the transaction marks BP’s official entry into offshore wind. “We see significant opportunities by rapidly growing bp’s offsho
Awilco Drilling has informed that its CEO, Jens Berge, has decided to leave the company with effect from 1 February to pursue other opportunities.
US LNG export project developer, NextDecade has abandoned its plans to develop the Galveston Bay LNG project.
Although Equinor experienced several serious incidents throughout the year, it was able to achieve a reduction in the number of serious incidents and personal injuries in 2020 compared to the previous year.
Oil and gas company Masirah Oil has started production from the second development well drilled in the Yumna field, which is located offshore Oman.
Oil and gas company Melbana Energy has revealed that there are several interested parties in taking a stake in the company’s WA-488-P license offshore Australia which contains the Beehive prospect.
Forbearance agreements entered into by offshore drilling contractor Seadrill Limited with certain creditors in respect of the group’s senior secured credit facility agreements have now expired.
Chevron managed to cut its losses in the fourth quarter of 2020 compared to the same period in 2019 despite a significant decrease in revenues.
