TotalEnergies and Aker BP are seeking an independent review of their stakes in Equinor's Johan Sverdrup oilfield with a goal of boosting their holdings in the North Sea's largest producing field…
Brazil's Petrobras Looks to Africa for Oil Reserves Boost
Brazil's Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its reserves as it expects output to fall after 2030…
Vaar Energi Marks Rise in Quarterly Profit
Oslo-listed Vaar Energi, majority-owned by Italy's Eni, raised its dividend on Tuesday
US Oil Output Projection Raised for 2025, says EIA
U.S. oil production is expected to reach new heights in 2025, surpassing earlier projections, according to the U.S. Energy Information Administration’s (EIA) latest Short-Term Energy Outlook…
Teledyne Marine Secures Framework Agreement with Swedish Defense Materiel Administration (FMV)
Teledyne Gavia announced the signature of a multi-year Framework Agreement to deliver and support GAVIA Autonomous Underwater Vehicles (AUV) for the Swedish Armed Forces (SwAF). The Gavia vehicles will be dedicated to Mine
Guyana Set to Terminate CGX and Frontera's License for Corentyne Offshore Block
Frontera Energy Corporation and CGX Energy have received a notice from the Government of Guyana for the cancelation of license for the Corentyne block offshore the South American country…
RenewableUK Outlines End-Of-Life Policy Tips for UK Offshore Wind
A report published by RenewableUK has outlined key proposals to enable the operational lifespan of offshore wind farms to be extended, as well as recommendations…
Kystdesign Books Its Largest ROV and Subsea Equipment Order to Date
Engineering firm Kystdesign has secured a contract to supply four work class remotely operated vehicles (ROVs) and accompanying equipment as part of its largest ordered booked to date.This significant agreement with an
Next Ocean Scoops Investment to Scale Up Vessel Motion Radar Tech
Next Ocean, a Dutch developer of Vessel Motion Radar systems for offshore wind and oil and gas industries, has secured seed investment from Arches Capital to drive its business expansion.This funding will
SOV/CSOV Shipbuilding Market: Strong Growth, Volatility in Coming 5 Years
As offshore wind farms grow larger and further offshore, the demand grows for bigger, more capable vessels. Enter the Service Operation Vessel (SOV) and Commissioning…
Eyesea and SalmonChile Successfully Complete Patagonia Coastal Waste Monitoring Pilot Using Satellite Spectrometry
Eyesea, in partnership with environmental consultancy Paz Recycling, has concluded a pilot program to monitor and manage coastal waste in Patagonia using satellite imagery and artificial intelligence. The initiative, launched as part of
Global Underwater Hub Forms Taskforce to Improve Subsea Cable Reliability and Performance
Global Underwater Hub (GUH) published a white paper on its approach to tackling a crucial issue that could derail the UK’s clean energy ambitions. The trade and development body, representing the UK’s £