The UK Government is planning to create a “treasure map” which will show how much carbon capture and storage (CCS) could be possible under the North Sea seabed. The plan envisages that companies that already have a license to store carbon will have to report what they find to the North Sea Transitio
MODEC has signed a sales and purchase agreement with Equinor to supply an FPSO, which will work at a recently sanctioned project off Brazil.
Afentra plc has completed the acquisition of interests in two blocks offshore Angola from Croatia’s INA-Industrija Nafte. This marks the UK player’s entry into Angola.
QED Naval, a Scotland-based tidal energy company, has applied to the UK government’s fifth contracts for difference (CfD) allocation round to develop its tidal energy project at Morlais site in Wales.
Papua New Guinea’s Kumul Petroleum Holdings has once again extended the period for the binding conditional offer made to Australian energy company Santos to acquire a 5% interest in PNG LNG for an asset value of $1.4 billion. The offer will remain open until 31 August 2023, and Santos said it has ag
The US Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved ten projects through its ninth request for technical support (RFTS), reflecting a total of more than $1.2 million.
European Parliament’s landslide plenary vote shows the EU is ready to step up efforts to curb the methane footprint from the energy sector.
Provider of seismic acquisition and source vessel services SeaBird Exploration has secured a contract to continue working in the Eastern hemisphere. Under the award, SeaBird Exploration will deliver ocean bottom node (OBN) source services using its vessel Eagle Explorer in the Eastern hemisphere. Th
Diamond Offshore has secured new contracts and extensions with higher day rates for several rigs in the U.S. Gulf of Mexico and the UK North Sea.
Economic impact assessment spanning two decades of operations at the European Marine Energy Centre (EMEC) has valued the impact of the test center to UK economy to be over €420 million (£370 million).
Dutch offshore services provider Boskalis has commissioned its new fallpipe vessel, used to protect cables and pipelines with rocks in order to prepare the seabed for the installation of wind turbine foundations and protect them from erosion. Boskalis reported on 5 May that it had held the naming ce
Velesto has secured work with an estimated combined contract value of $128 million for three jack-up drilling rigs with Petronas Carigali.
Canada’s Kraken Robotics has received a purchase order for subsea batteries valued at $16 million, with deliveries set to occur this and next year. With this order, Kraken said it had now received more than $30 million of purchase orders in the last six months for its SeaPower subsea batteries. The
The US Department of Energy (DOE) has released a $45 million funding opportunity to advance a comprehensive approach to tidal and current energy development in the United States.
