Guyana's government expects a consortium led by U.S. oil major Exxon Mobil to brief officials by the end of March on plans to develop offshore gas, the country's vice president told Reuters…

China’s Zhurong rover reportedly uncovered evidence beneath Mars’ surface that appears to be ancient sandy beaches, hinting at the remnants of a vast ocean shoreline. Using ground-penetrating radar, the rover revealed layers of sand-like

Finland's telecoms operator said the damage reported last week to its C-Lion1 telecoms cable in the Baltic Sea may have occurred as early as January 26, the same day a cargo ship

KOTUG Completes SPM Buoy Upgrade for Azule Energy

KOTUG completed the replacement of the bogie wheel and rail system on

According to its latest market outlook, Wood Mackenzie projects that Brent crude oil prices will average $73.00 per barrel (bbl) in 2025. The forecast considers geopolitical and economic factors…

The N05-A platform is the first offshore gas platform in the Dutch North Sea to be powered entirely by wind power – harnessing electricity via cable from the nearby 113…

BP to Scrap Renewables Targets as it Shifts Back to Fossil Fuels

BP's chief executive will scrap a target to increase renewable generation 20-fold

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced…

Germany-based Bernhard Schulte Offshore (BS Offshore) and Ulstein Verft have launched a new Commissioning Service Operation Vessel (CSOV), the Yno 320.The launch…

EDGE and Fincantieri have signed a new memorandum of understanding (MoU), deepening their cooperation through joint venture Maestral, which will be focused on the design, development and creation of unmanned systems for

Van Oord and Ecowende have signed a contract for the design, construction and installation of tree reefs and oyster hubs at Ecowende’s Hollandse Kust West wind farm (HKW…

African Export-Import Bank (Afreximbank) has unveiled plans to establish a $1 billion oil service financing facility in Guyana, which aims to enhance local participation…