Brazil's state-run oil firm Petrobras has acquired a 42.5% stake in Block 2613, offshore Namibia.The transaction was carried out in partnership with TotalEnergies, which also acquired 42.5% and will act as the operator of the block.TotalEnergies Secures Operated Interest in Namibia’s Offshore LicenseThe selling companies are Eight Offshore Investment Holdings and Maravilla Oil & Gas.After the completion of the transaction…
Progress on the BorWin6 Project continues with the successful completion of a fabrication yard milestone in Jebel Ali, United Arab Emirates. Mammoet has completed the transport, loadout and mooring of the 5,461-ton offshore jacket foundation…
BW Energy has informed that one of the existing joint venture partners in Angola's offshore blocks 14 and 14K has indicated its intention to exercise pre-emption rights in relation to the previously announced acquisition agreement.BW Energy…
Vietnam's authorities selected a newly created subsidiary of real estate conglomerate Vingroup to develop the first phase of one of the country's largest wind power projects, excluding Morgan Stanley-backed German renewable firm PNE which said the decision came as a surprise…
Stena Drilling’s Stena Evolution drillship has received the Abate (P+) notation from classification society DNV.The Abate (P+) qualifier confirms defined design and control of the vessel’s power generation systems, together with an emission…
EnBW and Google have signed a long-term power purchase agreement (PPA) for 100 MW of offshore wind power from He Dreiht project in Germany, to be delivered over a period of 15 years.Google aims to operate its global operations on 24/7 carbon free energy by 2030…
Chevron has signed a memorandum of understanding, or an initial agreement, with the Syrian Petroleum Company and the Qatari firm UCC Holding to evaluate exploration for oil and gas offshore Syria, a spokesperson for the U.S. major said on Wednesday…
Chevron and TotalEnergies are among the oil majors snapping up offshore blocks in West and Southern Africa as compelling geology, regulatory reforms, and the need to restock spur a hunt for the next Brazil.Companies are restocking their oil…
The Bureau of Ocean Energy Management, today announced another major step toward expanding offshore energy development pursuant to the One Big Beautiful Bill Act. BOEM released the Final Notice of Sale for Lease Sale Big Beautiful Gulf 2 (BBG2)…
An OMV Petrom-operated exploration well, drilled at the Vinekh prospect in Black Sea's Han Asparuh block off Bulgaria, has been assessed as dry, after encountering only non-significant natural gas shows, according to NewMed Energy, one of the partners in the license…
Heavy-lifting and transport specialist Mammoet has signed a support contract with Seatrium to carry out the load-out of three offshore substations for TenneT’s 2 GW offshore grid connection program in the North Sea.Under the agreement, Mammoet…
Lighting specialist Glamox has secured the contract to supply marine lighting for the first of two Subsea Rock Installation Vessels being built for marine contractor Van Oord.Glamox will supply 2,930 marine lights for the Dutch company’s next-generation Subsea Rock Installation Vessel…
Singaporean shipbuilder Strategic Marine has delivered a 27-meter crew transfer vessel (CTV) to a Taiwanese company for offshore wind operations in Taiwan.The vessel is based on Strategic Marine’s StratCat 27 design, which was developed in collaboration with BMT…
Vard, the Norwegian subsidiary of the Fincantieri Group, has delivered the second Commissioning Service Operation Vessel (CSOV) to Windward Offshore, named Windward Paris.The naming ceremony was held at the delivery yard, Vard Brattvaag in Norway on January 28…
Fugro has been awarded a contract to carry out geotechnical surveys for the NordSee Energies 1 offshore wind farm being developed by TotalEnergies in the German North Sea.The surveys will assess seabed conditions at planned wind turbine locations and along inter-array cable routes…