The Basque technology firm IDOM has started testing a new air turbine design at the Mutriku wave power plant as part of the activities of the EuropeWave project. According to the Biscay Marine Energy Platform (BiMEP), the testing is being carried out in the experimental area of the Mutriku facility
Petrogas E&P has crossed the finish line at its drilling program in the UK sector of the North Sea, which led to a gas discovery drilled by a 16-year-old jack-up rig owned by Noble Corporation, a U.S.-based offshore drilling giant.
TotalEnergies has decided to break off a deal for a drilling assignment, which a jack-up rig owned by Shelf Drilling, a UAE-headquartered offshore drilling contractor, is carrying out in the North Sea off the coast of Denmark.
Aker BP has decided to prolong its alliance agreement with SLB and Stimwell Services in a bid to speed up and increase oil production by keeping the Well Intervention and Stimulation Alliance busy for five more years.
Swedish wave energy developer CorPower Ocean has signed a development agreement with UK-based industrial technology company Equipmake to advance its wave energy technology with a custom generator and silicon carbide (SiC) inverter system. According to CorPower Ocean, the collaboration marks the init
Trillion Energy is a day away from resuming activities to put all the required puzzle pieces in place to increase and maintain natural gas production at its huge gas field in the Black Sea off the coast of Türkiye, thanks to a gas lift compressor system.
Serica Energy is bringing its multi-well drilling campaign and work-over program in the North Sea to an end, as a rig from COSL Drilling Europe has started drilling the final well in this campaign on the UK Continental Shelf (UKCS).
Sweden’s Ocean Harvesting Technologies has launched a €200,000 financing round to support further development of its InfinityWEC wave energy converter (WEC) in 2025. The move is part of a larger €700,000 capital requirement for 2025-2027. InfinityWEC is currently being developed under two EU-funded
Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have reached a decision to drill an exploration well in a block in the Bulgarian sector of the Black Sea.
Norwegian state-owned energy giant Equinor has brought on stream a field it operates in the Barents Sea, which is expected to produce for 30 years.
With forecasts indicating that the United Kingdom (UK) will need billions of oil and gas barrels by 2050 amidst the ongoing economic challenges and energy market headwinds and tailwinds, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has outlined in its new repor
Danish wave energy technology company Exowave is entering an important phase of developing its wave energy technology, as the power take-off (PTO) system is set for wet testing in the coming weeks. “We’re thrilled to share that the PTO assembly is progressing exceptionally well—faster than expected
OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has failed to find hydrocarbons at its wildcat in the northern part of the North Sea, resulting in the well’s plug and abandonment.
UK-based Global OTEC is advancing ocean thermal energy with its first onshore pilot of the OTEC Power Module, a compact system designed to generate continuous, clean electricity from ocean temperature gradients. The onshore demonstration will tap into existing deep seawater intake sites, using the t
