Norwegian offshore vessel owner Sea1 ƶijϻ has secured contract extension from marine geophysical service provider PXGEO for its offshore subsea construction vessel (OSCV) Sea1 Spearfish.PXGEO exercised the option to extend the contract for…
TotalEnergies has paused development of a wind farm off the coast of New York after Donald Trump's U.S. election victory, the French company's CEO said on Tuesday.The French energy group formed a joint venture in October 2023 for development…
U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said.'We're not going to see anybody in 'drill, baby…
ƶijϻ seismic services firm Shearwater Geoservices has secured a contract with the Oil and Natural Gas Corporation Limited (ONGC) for a large 3D seismic survey off the east coast of India.The high-capacity Oceanic Sirius vessel will carry out the survey…
Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U…
Bloomberg News reported Monday that Denmark's Ørsted had begun selling a stake in the largest wind farm planned for the United Kingdom coast. The report was based on people familiar with this matter. Reports added that the Danish utility is looking to sell around 50% of the Hornsea 3 Project…
When gazing out to sea from the shoreline from many parts of the UK today you’re increasingly likely to see offshore wind turbines gently turning on the horizon.These giant structures are supplying an increasing amount of the UK’s electricity mix (<20%)…
Mooreast Holdings Ltd. announced today it will appoint Mr Eirik Ellingsen, a Norwegian with deep experience in the offshore and marine sector, as Chief Executive Officer (“CEO”) amid growing adoption of floating wind energy projects worldwide…
Norwegian offshore survey services firm Electromagnetic Geoservices (EMGS) has secured a contract for controlled-source electromagnetic (CSEM) offshore India.The survey is expected to have a contract value of approximately $10 million, including mobilization fee…
Swedish company Seabased has signed a three-party memorandum of understanding (MoU) with the Government of Grenada and SIDS DOCK to establish Grenada’s first utility-scale wave energy park.The agreement outlines a phased project that will begin…
Norwegian seismic specialist TGS has secured an ocean bottom node (OBN) contract in Europe.The company's node-on-a-rope crew is scheduled to begin acquisition early April 2025.The contract has a duration of approximately 35 days, TGS said, without revealing any additional details…
The U.S. judge overseeing an auction of shares in a Citgo Petroleum parent to pay Venezuela-linked creditors on Wednesday proposed major procedural changes to advance a case stalled by wide opposition and lawsuits by creditors in other courts…
U.S. crude oil and gasoline inventories last week rose more than forecast, while distillate stockpiles posted a larger-than-expected draw, the Energy Information Administration said on Wednesday.Crude inventories rose by 545,000 barrels to 430…
Energy and marine consultancy ABL has expanded its global presence with a new office in New Zealand, to support the country’s growing maritime and offshore energy markets.The ABL New Zealand office will be led by experienced maritime professional Morwenna Vye…
The Norwegian ƶijϻ Directorate said that Norway's oil and gas production in October exceeded the official forecast by 5 percent.Norway is Europe's biggest supplier of natural gases and oil. However, output can vary from month to months depending…