Aker BP and Neptune Energy have received consent from Norway’s offshore safety regulator for exploration drilling in the Norwegian North Sea.
US-based ammonia power solutions company Amogy Inc. has announced its $11 million Series B-2 fundraising joined by Marunouchi Climate Tech Growth Fund, Mitsubishi Corporation, Mitsubishi Heavy Industries America and Synergy Marine. Following the announcement of SK Innovations-led $139 million Series
DNO has wrapped up the last major offshore operation under its multi-year decommissioning programme in the North Sea.
Eco Wave Power has released its financial report for the first quarter of 2023, showing a decrease in net loss when compared to the same period a year earlier.
Dutch province of Friesland has made available €1.2 million for scaling up the Blue Energy project, which generates clean electricity through the osmosis process.
Oslo-headquartered ocean services provider DeepOcean has won a contract to deliver post-lay trenching works on 30 kilometers of pipeline offshore Mexico. According to DeepOcean, the contract award comes on the back of over 300 kilometers of completed trenching scopes offshore Mexico on pipelines ran
Natural gas is still forecasted to play a crucial role and act as a trump card while the world embraces the race to net-zero.
Baker Hughes’ international rig count report indicates that the number of offshore rigs was on an upward trajectory in May 2023.
MODEC has confirmed the start of production from a new FPSO, which is deployed at Petrobras’ giant deepwater oil field off Brazil.
Challenger Energy has bid for and expects to be awarded a shallow water exploration block located off Uruguay.
Oslo-headquartered seismic company PGS has secured a 3D exploration acquisition contract in the Mediterranean with an undisclosed company. Seismic vessel Ramform Hyperion is in charge of carrying out the work and is set to mobilize for the survey late in the third quarter of 2023. According to PGS,
BW Offshore has secured a short-term contract extension for one of its FPSOs, which is working at a field located offshore the Ivory Coast.
Woodside has reported an incident, which resulted in a fatality at its operated gas processing facility offshore Western Australia.
ESB and Ørsted have signed an agreement to jointly develop a portfolio of up to 5 GW of offshore wind and complementary green hydrogen projects in Ireland, with the first of these offshore wind projects expected to compete in the next Irish auction, ORESS 2.1. The agreement also marks Ørsted’s entry
