SKF Develops First Bearings Designed for Circular Performance

Survey shows that oil companies in Norway will drill 18% less exploration wells by 2026.

A survey on Thursday showed that oil firms in Norway are planning to drill 18% less exploration wells next, as they focus on existing fields. This could undermine…

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Production Start at Verdande Field to Extend Norne FPSO Life Beyond 2030

Equinor has started production from the Verdande subsea field in the Norwegian Sea, a development that is expected to keep the Norne floating production, storage…

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Cadeler’s WTIV Newbuild En Route to Europe for Maiden Offshore Wind Job

Hanwha Ocean has delivered the Wind Mover wind turbine installation vessel (WTIV) to offshore wind contractor Cadeler, completing the second vessel in the company’s…

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Ørsted’s Largest German Offshore Wind Farm Produces First Power

The Borkum Riffgrund 3 offshore wind farm, jointly owned by Ørsted and Nuveen Infrastructure, has started delivering power to the German grid.The 913 MW offshore…

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Vår Energi Makes Oil Find Near Goliat Field in Barents Sea

Vår Energi has confirmed an oil discovery in the Goliat North exploration well, located close to its operated Goliat field in the Barents Sea. The exploration well…

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XOCEAN Secures Five-Year Survey Deal for Six Dutch Offshore Wind Farms

Ocean data acquisition specialist XOCEAN has secured five-year contract to deliver bathymetric survey services across six Dutch offshore wind farms.The agreements…

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UK’s GEB Plans Major Renewables Expansion Through 2030

Great British Energy, a state-owned energy company, unveiled a five-year strategic plan on Thursday aimed at accelerating the country’s transition to renewable power to help meet its climate targets…

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Saildrone Maps Cayman Islands EEZ

Saildrone has mapped the seafloor in the Cayman Islands Exclusive Economic Zone (EEZ) to support the nation's efforts in fisheries management, offshore energy planning, resource exploration, strengthening maritime security, and protecting fragile…

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Kongsberg Maritime Marks 50 Years of Dynamic Positioning

Kongsberg Maritime is marking 50 years since the introduction of its first dynamic positioning (DP) system, a Norwegian innovation that transformed offshore operations…

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LSP Renewables Gets CIP’s Offshore Wind Contract in Taiwan

LSP Renewables has secured a contract with CIP to supply client representatives and marine coordinators for the Fengmiao 1 offshore wind farm.The 495 MW project…

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TotalEnergies, Partners to Plug Financing Gap at $20B Mozambique LNG Project

French oil major TotalEnergies and its fellow partners on the $20 billion Mozambique LNG project have agreed to provide additional equity to replace the previous…

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Miros, Marine Tech Agree to Develop Next-Gen Marine Sensing Systems

Miros and Marine Technologies (MT) have signed a memorandum of understanding (MoU) to collaborate on integrating advanced marine sensing technologies with MT’s vessel control and smart-ship systems, the companies said on Wednesday.The