State energy firm Pertamina and U.S. major ExxonMobil plan to conduct appraisal drilling for a carbon capture and storage (CCS) hub in Indonesia, with the companies signing an initial storage deal with South Korea's KNOC on Wednesday.Indonesia…
Floating tidal turbine technology developer Orbital Marine Power has selected Global Energy Group (GEG) as preferred supplier to lead the manufacture and assembly of tidal turbines for projects in Orkney, Scotland.It is anticipated that turbine…
Føn Energy Services has set out plans to acquire Dutch offshore wind farm services company C-Ventus as part of a merger expected to boost its offshore wind operations and maintenance capabilities.Føn Energy Services will acquire 100% of the shares in C-Ventus from current owner DISA International…
Drilling and well services provider Odfjell Technology has secured a contract with COSL Drilling Europe, valued at approximately $14.8 million.The fixed part of the three-year contract encompasses tubular running services, with the option for two additional one-year periods…
Energy services firm Kent has secured a key Front-End Engineering Design (FEED) contract for INEOS' Hejre project.The Hejre project, an offshore High Pressure High Temperature (HPHT) development, is located in the Danish sector of the North Sea…
Global consultancy ABL Group has entered into an agreement to acquire 100% of the shares of specialist energy consultancy Ross Offshore from Moreld Group.Following completion of the transaction, Ross Offshore will merge with ABL Group company AGR…
Van Oord has launched its new offshore installation vessel Boreas at the Yantai CIMC Raffles Offshore shipyard in China.The Boreas’ dual fuel engine set is able to run on methanol and is purpose-built for the transport and installation of the…
The chief executive of Brazil's Petrobras offered to step down, the state-run oil company said on Tuesday, as the government lined up a former regulator for the role, sending shares sliding as investors braced for political interference.Brazilian…
ExxonMobil and its partners have made an oil discovery at Block 15 offshore Angola, while drilling the exploration well located in the Kizomba B development area.The discovery was made while drilling the Likembe-01 well in Block 15, operated by ExxonMobil…
Maryland Governor Wes Moore signed a bill aimed at reevaluating and potentially revising existing offshore wind project plans, setting the stage for the state's goal of achieving 8,500 megawatts of offshore wind energy capacity by 2031.The bill…
Danish offshore wind installation company Cadeler reports it has secured vessel reservation agreements with both MFW Bałtyk II Sp. z.o.o. and MFW Bałtyk III Sp. z.o.o., each a joint venture project owned 50% by Equinor and 50% by Polenergia…
Indonesia will ask Mubadala Energy to accelerate gas development in Indonesia's South Andaman Block after the United Arab Emirates explorer made a second discovery there, Dwi Soetjipto, chairman of upstream regulator SKK Migas, said on Tuesday…
Offshore Renewable Energy (ORE) Catapult, U.K.’s flagship center for renewable energy innovation, has secured $108 million investment to expand and upgrade its testing facilities to support the development of the next generation wind turbines…
U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) is approaching 15MWh of renewable energy production from its family of PowerBuoys, which primarily exploit wave energy to generate power.The recent launch of…
Indonesia launched its first oil and gas auction this year offering five blocks on Tuesday, while the government pledged to boost exploration in an effort to reverse output declines in a country that was once a net oil exporter.'To meet oil and gas demand…