Energy major Shell has joined the Renewables for Subsea Power (RSP) collaborative project which is powering subsea equipment off the coast of Orkney, Scotland, through a combination of wave power and subsea energy storage. The £2 million demonstrator initiative, nearing 12 months in the water, has c
2023 was an exciting year for offshore wind, but there are still major challenges to tackle, said Jan Vos, Chairman of the board of the Netherlands Wind Energy Association (NWEA), at the Offshore Energy Exhibition & Conference (OEEC) 2023, proposing standardization in the industry. Vos affirmed that
UK-headquartered energy giant BP has decided to appoint its interim Chief Financial Officer (CFO) to the CFO role.
PTTEP has inked a memorandum of understanding (MoU) with Mahidol University, which will enable it to bolster CCS technology in Thailand.
Golar LNG is engaged in discussions with the Venezuelan ministry regarding a potential investment in FLNG technology in the South American country.
ExxonMobil and Chevron have raked in huge profits over the course of the past year, recording $36 billion and $21.37 billion, respectively.
Norway-based technology company Yara Marine Technologies (YMT) has been acquired by Switzerland-based Okapi Supply Trading Advisory SA (formerly Sarl) to expand its maritime solutions portfolio.
McDermott has corroborated the award of two EPCIC contracts for the development of the next phase of the largest oil field offshore Qatar.
A site located within Malta’s territorial waters has been identified as the potential location for the country’s first grid-connected floating solar project, Maltese Minister for Environment, Energy and Enterprise Miriam Dalli announced. A preliminary market consultation (PMC) has been launched to a
SeaMex, a subsidiary of Paratus Energy Services Limited, has won a new drilling assignment for one of its jack-ups offshore Mexico.
TotalEnergies has set the wheels into motion to enrich its overall gas portfolio with more assets offshore Malaysia.
Danish green hydrogen company Everfuel has transferred its ownership in the planned 20 MW Hydrogen Hub Agder electrolyzer to the project partner Greenstat Hydrogen. The final investment decision (FID) on the project has also been reached. Back in 2021, Everfuel and Greenstat formed a joint venture t
Norwegian shipping company Siem Offshore has entered into a contract with marine geophysical service provider PXGEO for the charter of an offshore subsea construction vessel (OSCV). The OSCV Siem Spearfish will be engaged within the marine geophysical segment and support the charterer’s operations w
T7 Global has unveiled its new mobile offshore production unit (MOPU) at a grand naming ceremony held at the grounds of China State Shipbuilding Corporation Beihai Shipyard in Qing Dao, China.
