CM Energy is progressing work on an integrated cable-handling and marine equipment package for a new Asso.subsea vessel, expanding its involvement in the European offshore wind market.The contract covers specialist cable-handling equipment and associated marine systems for the vessel, with engineering and manufacturing activities underway at CM Energy's facilities in China.Elements of the project also involve the European supply chain…
Eco Wave Power has completed the first phase of an AI-powered digital twin development program with Germany-based AI engineering, aimed at improving the prediction and optimization of wave energy system performance.The initial phase involved…
Wood Group offshore workers have started a fresh 48-hour strike affecting five Harbour Energy-operated platforms, with further industrial action planned later in November amid a dispute over pay and working conditions.The latest stoppage began on November 3 and is scheduled to end on November 4…
The International Marine Contractors Association (IMCA) has launched IMCA 2030, a four-year strategy designed to ensure the association remains relevant, authoritative, and valuable to members as the offshore construction industry navigates a period of significant change…
Shell has started production at Phase 3 of its Silvertip project in the Gulf of America, bringing additional oil and gas volumes to its operated Perdido spar through two wells expected to deliver combined peak production of up to 6,000 barrels of oil equivalent per day (boe/d)…
Crewsure Insurance Services Limited (Crewsure) has announced the launch of Crewsure Energy, a new program that brings together traditional employee benefits with specialist Crisis Response protection, designed for companies employing personnel…
Oil prices rallied over $2 a barrel on Thursday after more Houthi attacks in Saudi Arabia stoked concerns over a broader escalation of conflict and further disruptions to crude supplies from the world's key exporting region.Brent crude futures LCOc1 climbed$2…
Angola intends to implement faster exploration concessions from next year as part of a new long-term hydrocarbon strategy that aims to attract investment and stimulate oil and gas production, a senior government official said on the sidelines of an energy conference in Cape Town…
A Ukrainian ex-military officer goes on trial in Germany on Wednesday, accused of organising the secret operation that blew up the Nord Stream gas pipelines in September 2022, severing western Europe from the biggest source of Russian natural gas…
Equinor and Dutch energy company Eneco have signed a five-year agreement for natural gas deliveries from the Norwegian continental shelf to the Netherlands, covering approximately 9 TWh of gas annually and including verified greenhouse gas emissions data…
Oil prices oscillated on Monday as the market considered possible further supplies after US President Donald Trump hailed fresh Russian diesel exports against supply-constricting signals after major attacks on Saudi Arabia.Retracing earlier losses…
More than 160 offshore workers at Apache have backed strike action in a pay dispute that could disrupt operations at seven North Sea assets and potentially affect the Forties Pipeline System, trade union Unite said.The industrial action, which could begin in October…
The US might consider leaving the International Energy Agency if there is no alignment on climate issues, US Energy Secretary Chris Wright said on Wednesday.'We're either going to reform the IEA or we will leave the IEA. My strong preference is that we reform it…
The European Union will maintain its opposition to new oil and gas drilling in the Arctic, a European Commission spokesperson said on Monday, despite Norwegian pressure to drop the EU ban.The EU currently supports a ban on new drilling in the Arctic…
Argentina's government has presented a bill to crack down on companies operating in the Falkland Islands, potentially escalating tensions with the United Kingdom over the territory that is controlled by Britain but claimed by Argentina.The proposal…
