US-based marine energy company Ocean Power Technologies (OPT) has welcomed three new members to its board of directors.
Brazilian oil and gas company Petrobras has made a new oil discovery located in the deepwater Búzios field offshore Brazil.
Independent Power Transmission Operator (IPTO), an ADMIE company, has completed the 24-hour test of the electrification of the submarine cable that connects Crete with the Greek mainland system.
The Dutch Marine Energy Centre (DMEC) and the European Marine Energy Center (EMEC) have held a technology qualification workshop with Resolute Marine as part of the Marine Energy Alliance (MEA) project.
The Covid-19 pandemic has devastated crude and condensate demand, creating massive supply surpluses and filling up inventories, according to Rystad.
Woodside Energy has completed the acquisition of Cairn’s entire participating interest in the Senegal offshore joint venture.
The number of offshore rigs in the U.S. increased by one unit over this week, according to a weekly rig count by Baker Hughes.
The Indian government has been ordered to pay oil and gas company Cairn Energy $1.2 billion following an arbitration award in a tax dispute case.
Russia’s Nord Stream 2 gas project is expected to start laying pipes for the gas pipeline in Danish waters in January 2021.
Heerema’s Thialf vessel completed the eight-month-long campaign to remove the Sable Project’s offshore facilities on behalf of ExxonMobil in Canada.
Norwegian Supreme Court has ruled against environmental groups and in favour of the government following a lawsuit claiming the government violated the people’s right to a healthy environment by issuing new exploration licences for Arctic drilling.
The coastlines of Washington and Oregon hold the most promising areas for the extraction of clean power from West Coast waves, according to a recent study published by the researchers at the U.S. Department of Energy’s Pacific Northwest National Laboratory (PNNL).
Norwegian firm Electromagnetic Geoservices (EMGS) has officially signed a new contract for a project in the Gulf of Mexico. Earlier this month, EMGS received a letter of award for 3D CSEM and magnetotelluric multi-client survey, pending final contract execution. The letter of award came from one of
The Woodside-led North West Shelf (NWS) project has executed fully-termed gas processing agreements (GPAs) for processing third-party gas.
