Technology: European North Sea Investment Pact to Mobilize $1.17T for Offshore Wind - Governments from nine North Sea countries, together with industry and power grid operators, have formed an investment pact…
Drilling: Akrake’s Sèmè Field Set for Early February Production Start as Drilling Wraps Up - Akrake Petroleum, an indirect subsidiary of Rex International Holding, is completing drilling operations on a key production…
Offshore: Gulf Marine Services Lines Up First Fleet Addition in 10 Years - Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has agreed to acquire…
Offshore: Nuclear-Powered DP Vessels Technically Feasible, Vard Study Shows - A study led by Vard, a subsidiary of Italy’s Fincantieri, has found that nuclear-powered offshore vessels are technically feasible…
Activity: Kongsberg Maritime to Equip Hana Shipping’s Floating Wind Construction Vessel - Kongsberg Maritime has signed a contract to deliver a comprehensive deck machinery package for a new-generation 127-metre…
Industry News: Beacon Offshore Starts Production at Zephyrus Field in US Gulf - Beacon Offshore Energy has started oil and gas production from its Zephyrus field in the U.S. Gulf of America, with output…
Drilling: Noble Scoops $1.3B in Drilling Contracts, Enters Norway's Floater Market - Offshore drilling contractor Noble Corporation has secured new contract awards for nine rigs totaling about $1.3 billion in backlog…
LNG: EU States Approve Ban on Russian Gas Imports - European Union countries on Monday gave their final approval to the bloc's plan to ban Russian gas imports by late 2027, allowing it to pass into law…