Oil and gas have not only fueled economies but created rivalries, territorial disputes and wars. In the last one hundred years or so, since petroleum resources have been commercially extracted it is central to numerous armed conflicts. Some notable examples, are seen in Europe, Middle East, Africa and now extending into the Southern Caribbean:1. World War II (1939-1945) German Expansion: One of Hitler’s strategic goals was to access oil in the Caucasus (Baku…
Denmark's Orsted and Vestas, two of the world's top offshore wind power groups, urged European nations on Wednesday to speed up permitting, improve auction terms and invest in power grids to deliver their potential for strong growth in the sector…
Sercel announced the award of a five-year technical support and maintenance contract by ExxonMobil Guyana Ltd. for the Marlin Vessel Tracking and Alerts (VTA) software solution, delivered to the client in 2024. Sercel will provide comprehensive technical support…
AST Networks, satellite and remote connectivity specialists, have announced the launch of MODULA, a flexible and fully scalable modular approach to hybrid connectivity, designed to give maritime, offshore, and remote land-based customers the…
Emerson, an industrial technology leader delivering automation solutions, has launched the world’s first native WirelessHART non-contacting radar level transmitter. The Rosemount 3408 Wireless Level Transmitter – Non-Contacting Radar reduces the complexity…
Japan’s Kansai Electric Power Co. (KEPCO) has signed a share subscription agreement with Ireland’s Simply Blue Group’s offshore wind development arm, Simply Blue Energy OSW (SBE OSW).The strategic investment marks KEPCO’s first investment involving…
Brazil's Petrobras has authorized studies for a logistics center in the Amazonian state of Amapa, where the state-run oil firm started exploring in a promising offshore block last week, state Governor Clecio Luis told Reuters.The company's logistics subsidiary Transpetro will do the studies…
Oil major BP has signed an agreement to explore for oil and gas offshore in Gabon, a company spokesperson said on Thursday.'BP can confirm it has entered into a memorandum of understanding with the government of Gabon to explore for offshore oil and gas…
India’s EPC contractor Larsen & Toubro (L&T) has been hired to deliver High Voltage Direct Current (HVDC) converters in support of the Dutch-German transmission system operator (TSO) TenneT’s 2GW offshore wind grid program in the North Sea.Collaborating with Hitachi Energy…
The Floating Offshore Wind Power Technology Research Association (FLOWRA) of Japan and certification society ClassNK have signed a memorandum of understanding (MoU) to explore technology development cooperation in the field of floating offshore wind…
Germany’s Federal Maritime and Hydrographic Agency has issued planning approval for Vattenfall’s 630 MW Nordlicht 2 offshore wind farm in the North Sea, clearing the way for construction to move ahead.The Nordlicht II project will consist of 44 turbines of 15 MW each…
Fincantieri, through its subsidiary IDS – Ingegneria dei Sistemi, has signed a memorandum of understanding with Next Geosolutions (NextGeo) to jointly develop unmanned surface vessels (USVs) and related technologies for the oil and gas and renewable energy industries…
Energy industry services firm EnerMech has secured a pipeline pre-commissioning contract by McDermott in support of Shell Trinidad and Tobago’s Manatee gas development.EnerMech said it will deliver ‘critical services’ across a 115 km, 32-inch offshore pipeline…
Egypt’s Ministry of Petroleum and Mineral Resources has informed that a new production well at the Zohr natural gas field in the Mediterranean added about 70 million cubic feet of gas per day to output, reinforcing the field’s role as a key contributor to national energy supply…
Oil company PRIO has signed an agreement with Shape Digital, a developer of AI-driven solutions, for the deployment of Shape Lighthouse, an asset management platform designed to enhance operational reliability, reduce maintenance costs, and maximize production…
