Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025.
Norwegian high-tech hydrogen company Hystar has raised more than $36 million in its Series C funding round to accelerate the commercial scale-up of its electrolyzers.
Prysmian Group has confirmed the wrap-up of the installation works related to the first submarine cable of the eastern branch of an electricity interconnection between Campania, Sicily, and Sardinia.
Aker BP has secured drilling permits for three exploration wells in the North Sea off the coast of Norway, which will be drilled this month with a semi-submersible rig owned by Odfjell Drilling, an offshore drilling contractor.
Shelf Drilling (SHLF) has shed more light on the latest developments across its rig fleet, confirming the arrival of two jack-ups in West Africa and the start of drilling work in Norwegian waters for another unit.
The Nordic Investment Bank (NIB), a Finland-based financial institution of the Nordic and Baltic countries, has signed a 10-year loan agreement with compatriot shipowner ESL Shipping to finance the construction of four IA ice-classed green Handysize ships.
Dutch geo-data specialist Fugro is sending an uncrewed surface vessel (USV), said to be the largest one in its fleet, on a seabed data acquisition mission in the North Sea, which will enable Norway’s MAREANO seabed mapping program to tuck a new first under its belt with the first USV technology fora
Terna and IPTO have taken steps to move forward with a new high-voltage direct current (HVDC) link between Italy and Greece to strengthen regional cooperation, boost energy security, and put the wind in Europe’s transition to greener sources of supply.
Shell, BP, TotalEnergies, Equinor, Eni, ExxonMobil, Chevron, and ConocoPhillips have managed to come on top yet again, displaying the resilience of the energy sector with performance and quarterly results that show a combined profit of about $29 billion.
Kinetics, a new company launched by Turkiye’s Karpowership specializing in floating LNG assets and renewable energy, has made a strategic investment in Power to Hydrogen, a U.S.-based manufacturer of anion exchange membrane (AEM) electrolyzers, to support innovation and decarbonization in the energy
Ariadne Interconnection, a subsidiary of Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), has confirmed the beginning of trial operations at a subsea interconnection development between the island of Crete and the Greek mainland, described as the larg
Sulzer has pointed out the operators’ need to pursue decarbonization tools to ensure cleaner production and more efficient operations, maximizing productivity and enhancing sustainability to tackle the climate change ticking time bomb and come to grips with energy security challenges.
Norway-based energy data and intelligence player TGS has reported a ramp-up in acquisition activity within Northern Europe, keeping the firm occupied during the summer season.
Allseas is putting an offshore pipeline in place for a development that aims to become the first offshore CO2 transport and storage project in the European Union (EU).
