The Norwegian Ministry of Energy has offered 53 new production licenses on the Norwegian continental shelf.Awards in Predefined Areas (APA) is an annual exploration…
Norway Offers 53 New Production Licenses
USV Hypoxia Mapping Capabilities Verified by Manned Vehicle
SeaTrac has used its SP-48 uncrewed surface vehicle (USV) to map potential hypoxic zones in the U.S. Gulf of Mexico as part of a project that confirmed its performance using data from
Fincantieri Acquires Leonardo's Armaments Business
Fincantieri has finalized the acquisition of Leonardo S.p.A.'s Underwater Armaments & Systems business line through the purchase of the entire share capital of the newly established company WASS Submarine Systems.The transaction reinforces
Feurtado named Manager – Marine Systems at TDI Brooks Int'l
TDI Brooks announced the appointment of Frank Feurtado as Manager – Marine Systems.With an impressive career spanning over 25 years in the international maritime industry…
Webinar: Advancing Hydrographic Surveying with Centimeter Accuracy in Real-Time
Join us for an exclusive webinar where you’ll learn more about Applanix POS MV and CenterPoint RTX Marine correction service, powerful combination for elevating your hydrographic and bathymetric surveying. In the fast-paced
Norway Offers 53 Oil and Gas Licenses to 20 Firms
The Norwegian Ministry of Energy has offered 53 new production licenses on the Norwegian continental shelf in the APA 2024 licensing round to a total of 20 companies…
BP Signals Weaker Fourth-Quarter Results
BP warned on Tuesday that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while also delaying a highly-anticipated…
Europe's Wind Farms Set to Produce More Power Than Coal in 2025
Europe's wind farms could produce more electricity than the region's coal-fired power plants for the first time in 2025 if the recent pace of output growth in wind…
Potential Nord Stream 2 Bankruptcy Deemed ‘Theft’ by Russia
Russian Foreign Minister Sergei Lavrov said on Tuesday that the potential bankruptcy or sale of the operator of the completed but never launched Nord Stream 2 gas pipeline would amount to 'theft'…
NYK Launches Japan’s Offshore Wind Ship Management Firm
NYK and Akita Eisen KK have established a joint company Japan Offshore Support (JOS) to provide ship maintenance and management services for offshore wind power projects…
Yinson Production Scoops $1B Investment to Upscale FPSO Business
Yinson Production has entered into a definitive agreement with a consortium of global investment firms to raise pre-IPO growth capital of $1 billion to support further growth…
Woodside Accused of Greenwashing Over CCS Plans
The Australian government’s call for two weeks of public consultation starting January 2 on Woodside Energy’s plans to sequester CO2 as part of the Browse project…
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