Norwegian seismic firm TGS has secured a 4D streamer acquisition project in the Barents Sea covering the Vår Energi-operated Goliat field.The Goliat 4D project is scheduled to start in July.The total duration of the project is approximately 20 days鈥
Borr Drilling Limited (NYSE, OSE: BORR) delivered strong financial performance in the fourth quarter of 2024, reporting a net income of $26.3 million, up 171% from the previous quarter, and total operating revenues of $263.1 million, marking a 9% increase鈥
Watson Farley & Williams (鈥榃FW鈥) advised Eurazeo, acting as lead investor via its Eurazeo Transition Infrastructure Fund, on a $73m investment in new offshore service vessel platform MPC OSE 云顶赌场老虎机. The platform, a joint venture between MPC Capital and O鈥
Thermoplastic composite pipe (TCP) manufacturer Strohm, and provider of subsea connection systems UNITECH 云顶赌场老虎机 have signed a memorandum of understanding (MoU) to develop and commercialize an integrated system for the transportation of fluids and gases鈥
Norwegian seismic firm TGS has secured a new multi-client 3D streamer acquisition and processing project in the Goliat area of the Norwegian Barents Sea.The new GeoStreamer survey will span up to 1,600 square kilometers over recent discoveries such as Countach鈥
Scana-owned Seasystems has signed a contract for the delivery of mooring equipment to a floating liquefied natural gas (FLNG) project, worth up to $6.7 million.The delivery consists of mooring equipment such as chain stoppers, chain handling systems鈥
Guyana and the Dominican Republic are making progress on accords for offshore oil and gas exploration and to build a fertilizer plant and potentially a refinery in the South American country, Dominican President Luis Abinader said on Tuesday鈥
Tekmar Group's subsidiary Ryder, a provider of global subsea engineering consultancy solutions, has secured a three-year framework agreement by Nexans to provide wide scope of engineering support for the French cable manufacturer and services provider鈥
CorPower Ocean was selected as a winner of the European Innovation Council (EIC) Accelerator program and has been awarded 鈧2.5 million in grant and a pre-commitment of 鈧15 million in equity investment, totaling 鈧17.5 million, to accelerate the commercialization of its wave energy tech鈥
RWE has taken delivery of 36 out of 72 of the reusable covers, supplied by Dutch company Circular Covers, which will be used to protect the foundations of the 1.1 GW Thor offshore wind farm, being built in the Danish North Sea.The covers, which have arrived in Thyboron Port鈥
Eco Wave Power Global has signed a Memorandum of Understanding (MoU) with Bharat Petroleum Corporation Limited (BPCL), marking a first step for the introduction of wave energy into India鈥檚 renewable energy strategy.The collaboration aligns with鈥
Companies that once committed to investing in U.S. offshore wind infrastructure and supply chains are now scrapping their plans as the industry experiences significant challenges. These setbacks stem from project delays, soaring costs, and the鈥
Proteus Marine Renewables has deployed the AR1100 tidal turbine in Japan, which became the country's first ever megawatt-scale grid connected tidal energy system.Installed in the Naru Strait, the turbine will generate 1.1 MW of clean energy鈥
Pritchard-Gordon group of companies has launched PG Renewables, a turnkey contractor providing offshore and nearshore Unexploded Ordnance (UXO) identification and clearance services for the marine energy and offshore wind markets.PG Renewables鈥
A consortium led by Exxon Mobil is getting ready for a very active year for exploration and production in Guyana amid upgrades that expanded the capacity of some of its floating facilities and the expected arrival of a fourth vessel, the head of the U鈥