The latest Energy Cyber Priority report from DNV Cyber has found that energy companies have started to boost investment in cybersecurity to manage the ‘greatest risk’ to the industry today as the importance of securing businesses from cyber threats reaches highest company levels…
National Ocean Industries Association President Erik Milito issued the following statement regarding the inauguration of President Donald Trump:'American offshore energy stands as a cornerstone of our nation's greatness. We are committed to…
Five of Canada’s largest energy-focused industry associations have formed a joint working group to support the push against the threat of a 25% tariff on all Canadian goods from the incoming U.S. President, Donald Trump.The Canadian Association of Petroleum Producers (CAPP)…
A new report from the U.S. Department of Energy (DOE) outlines recommendations that could increase the recycling and reuse of decommissioned wind energy equipment and materials to create a more circular economy and sustainable supply chain.The research reveals that existing U…
Inyanga Marine Energy Group has presented the design blueprint for its 20 MW HydroWing tidal energy technology, set for deployment at Morlais site in Wales.The tidal energy array will incorporate the Tocardo T3 turbine, rated at 600kW, for the first time…
BP and XRG, ADNOC’s international energy investment company, have established new regional gas platform, Arcius Energy, to initially focus on development of gas assets in Egypt.Announced in February 2024, Arcius Energy is 51% owned by BP and 49% by XRG…
Nexif Ratch Energy’s San Miguel Bay offshore wind project in the Philippines has been granted the Certificate of Energy Project of National Significance (CEPNS) by the country’s energy department.The 500 MW offshore wind project, located in San Miguel Bay…
National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the Bureau of Ocean Energy Management (BOEM) released the Draft Programmatic Environmental Impact Statement (EIS) for oil and gas leasing…
Indonesia has signed a contract with units of Harbour Energy and Mubadala Energy for the development of a Central Andaman oil and gas block, the energy ministry said in a statement on Tuesday.The contract was signed under a new gross split scheme…
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…
Scottish ocean energy pioneer Mocean Energy has launched a crowdfunding campaign on Crowdcube, Europe’s largest private market investment platform.The campaign, which is now live, aims to finance the next phase of the company’s growth plans as it looks to mature its wave energy technology…
BP, Equinor, Shell and TotalEnergies have joined forces to improve global access to energy, committing a joint investment of $500 million for key regions over the coming years.The funding supports the UN Sustainable Development Goal 7 (UN SDG7)…
U.K.-based tidal energy technology developer Spiralis Energy has secured a $1 million investment from Kistos Holdings to build and test the Axial Skelter tidal energy unit.The investment received from Kistos will fund Spiralis Energy’s upcoming…
Oil and gas company BW Energy has signed production sharing contracts (PSCs) for the exploration blocks Niosi Marin and Guduma Marin offshore Gabon, in partnership with Panoro Energy and VAALCO Energy.The blocks, formerly named G12-13 and H12-13…
The Bureau of Ocean Energy Management (BOEM) has announced a Memorandum of Understanding with the Department of Defense (DoD) to support the coordinated development of wind energy generation on the Nation’s Outer Continental Shelf (OCS).The…
