Ocean services provider DeepOcean has secured a contract to support the decommissioning of subsea infrastructure at oil and gas fields in Western Australia.DeepOcean’s scope of work includes suspension of subsea trees, removal of flowlines, riser and dynamic umbilical…
A new storm-resistant ocean energy prototype has been installed off the coast of Gran Canaria, developed under the EU’s Horizon Europe-funded PLOTEC project, as a next step in harnessing ocean thermal energy conversion (OTEC) as a source of renewable energy…
Brazil's state-run oil firm Petrobras and Norway's Equinor were the big winners in a Wednesday auction for areas in Brazil's offshore pre-salt region, acquiring one oil block each and partnering to develop a third.Australia's Karoon Energy also acquired one block…
Ocean Winds, the 50-50 joint venture between Portugal’s EDP Renováveis and France’s Engie, has agreed to sell a 20.25% stake in its 500 MW Îles d’Yeu et Noirmoutier offshore wind project in France to Allianz Global Investors for $232 million…
Donald Trump is putting more pressure on India to slash its Russian oil purchases. This could deprive Moscow of vital revenue, but it will mostly just push more Russian oil into an increasingly large shadow market.The U.S. president said on…
Energy data and intelligence firm TGS has secured an ocean bottom node (OBN) acquisition contract in Gulf of America.The 4D monitor survey for an undisclosed client is scheduled to start in the fourth quarter of 2025.The duration of the acquisition will be approximately four and a half months…
U.S. based engineering and construction firm McDermott has completed its activities for TotalEnergies' Begonia field development, offshore Angola.Under the engineering, procurement, construction, installation, pre-commissioning and commissioning contract…
Oceaneering International has completed a field trial of its patented Ocean Perception™ marine mammal and wildlife mitigation software solution in the Dutch sector of the North Sea.The trial was conducted aboard an offshore wind installation vessel in collaboration with client Van Oord…
Utility firm Eversource Energy said on Tuesday it expects a $75 million or 20 cents per share after-tax charge in the third quarter due to an increased liability for the two wind projects sold to Global Infrastructure Partners (GIP).In 2024…
Ignitis Renewables has signed a sale and purchase agreement with Ocean Winds to acquire its stake in Curonian Nord project, becoming the sole owner of Lithuania’s first offshore wind farm.Ignitis Renewables, part of Ignitis Group, received the…
The Norwegian Ocean Industry Authority (Havtil) has granted OKEA a consent to use Deepsea Yantai semi-submersible rig for production drilling on the Draugen field in the Norwegian Sea.Draugen is a field in the southern part of the Norwegian Sea…
Engineering firm SeaThor has started testing its dynamic cable protection system CableSpring, designed for subsea cables that connect floating offshore wind turbines to the grid, at Falmouth Harbour’s test site for offshore renewables FaBTest…
ACUA Ocean has secured a European Space Agency (ESA) contract, supported by the UK Space Agency, to further advance its ‘nested robotic’ system for subsea inspection.The project will accelerate ACUA0’s development of Pioneer-class autonomous…
Oil and gas firm Rhino Resources has made a gas condensate discovery off the coast of Namibia in a well spudded by Deepsea Mira semi-submersible drilling rig.The discovery was made as part of a drilling campaign in Block 2914A, in the Orange Basin…