Shell on Thursday reported a fourth-quarter profit of $3.66 billion, missing estimates, on lower refining margins and lower liquefied natural gas (LNG) trading,…
Approval Granted for Blue Ammonia FPSO
MODEC and Toyo Engineering have jointly obtained an Approval in Principle (AiP) from ABS for a Blue Ammonia FPSO that will produce ammonia from the gas supplied by a traditional FPSO located
Orsted, PGE Greenlight Poland Offshore Wind Farm
Poland's PGE and Denmark's Orsted have taken the final decision to build Baltica 2, a 1.5-gigawatt offshore wind farm on Poland's Northwestern coast, the companies said on Wednesday…
Canadian Shipwreck Hunters Unleash New Tech
Unlocking new levels of multibeam performance with Norwegian Subsea MRUMotion Reference Units (MRUs) are crucial in bathymetric survey technology, providing precise motion compensation data to ensure reliable and accurate seafloor mapping. For
US Upstream Oil and Gas Deals Reach $105B Last Year
Dealmaking in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third highest annual total ever, but activity slowed in the second half as buyers found fewer targets
Japan Adjusts Rules for Offshore Wind Auction Rounds
The Japanese government on Wednesday announced a revision of its rules for offshore wind power auctions as the sector globally grapples with delays and soaring expenses…
Aize Nets BP’s Digital Twin Global Deal
Digital twin software provider Aize has secured a new agreement to act as a global partner for asset visualization for BP.Building on successful technical and operational delivery in the North Sea…
Vattenfall Pens PPA for Nordlicht 1 Offshore Wind Farm
Vattenfall has signed a purchase power agreement (PPA) with the chemicals group LyondellBasell (LYB), providing fossil free electricity from the Nordlicht 1 offshore wind farm off the German coast…
UK Vows to Remove Barriers to Deliver 16GW of Offshore Wind
British finance minister Rachel Reeves said on Wednesday the government will remove barriers to delivering 16 gigawatts of offshore wind.'I can announce that we…
Petronas Preps for Sabah-Sarawak Gas Pipeline Decom Op
Malaysia's Petronas will decommission the Sabah-Sarawak gas pipeline, the state energy firm said on Tuesday in its activity outlook report.The 500 km natural gas…
Greensea IQ Marks Record Breaking Year with 57% Revenue Increase
Marine robotics specialist Greensea IQ has closed a record-breaking year of growth in 2024, with a 57% year-over-year increase in topline revenue from 2023.The achievement was driven by the continued adoption of
Vår Energi Set to Enhance Drilling Ops with Reelwell’s Digital Drill Pipe Tech
Reelwell, with Odfjell Technology as strategic partner, has secured a multi-year contract with Vår Energi for the provision of its DualLink-powered digital drill pipe technology…
- ADNOC Opts for Seagliders for Offshore Energy Crew Transportation
- TGS Gets Offshore Wind Site Characterization Job
- Dolphin Drilling’s Chief Steps Down
- European LNG Imports Up with Asian Influx
- Strohm Rolls Out Pipe Design Tool
- US Oil Majors Set to Curb ‘Drilling Boom’ Expectations Despite Trum Calls