Forum Energy Technology (FET) won a contract to provide a work class ROV system and a Dynacon Launch and Recovery System (LARS) to ACSM, the Spanish-headquartered…
Court Overturns Approval for Two Massive UK North Sea O&G Fields
A Scottish court has invalidated Britain's approvals for two major North Sea oil and gas projects, delivering a significant victory to environmental groups and raising…
DeepOcean Lines Up Subsea Survey Work for Polish Offshore Wind Farms
Ocean services provider DeepOcean has secured a subsea survey contract on the Bałtyk 2 and 3 offshore wind developments in Poland which are jointly developed by Equinor and Polenergia…
TGS Lands Another Offshore Wind Job in UK
Norwegian seismic specialist TGS has secured another offshore wind site characterization contract on the U.K. continental shelf, the second since the beginning of 2025.The contract has a total duration of approximately 30
TotalEnergies Hires Stena Drilling’s Drillship for Work Off Suriname
TotalEnergies has awarded a contract to Stena Drilling for its Stena DrillMax drillship, which will be deployed for work offshore Suriname.As part of the contract…
Petrobras Increases Oil and Gas Reserves to 11.4 billion Barrels
Brazilian state-run oil and gas major Petrobras has informed that its proven reserves of oil, condensate and natural gas rose to 11.4 billion barrels of oil equivalent (boe) in 2024…
Shell's Profit Falls to $3.66B in Last Quarter of 2024
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…
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