Chinese offshore oil and gas major CNOOC first-quarter net profit fell 7.9%, weighed down by weaker oil prices, though higher output helped stem the decline.Net income for January-March was 36…

ExxonMobil, Egypt’s EGAS Bolster Mediterranean Oil Exploration Efforts

Egyptian Natural Gas Holding Company (EGAS) and ExxonMobil have signed a memorandum

Akrake Petroleum, Rex International's indirect subsidiary, has signed contracts for a Mobile Production Unit (MOPU) and an Aframax tanker to be used as a Floating…

Norway Grants Drilling Permit for Aker BP’s Wildcat Well in North Sea

The Norwegian Offshore Directorate has granted Aker BP a drilling permit for

Technip Energies to Work on Qatar’s Largest Offshore Gas Field

Technip Energies has secured a detailed engineering design contract by India’s EPC

BP’s Profit Drops 48% in First Quarter 2025

BP on Tuesday reported a deeper-than-expected 48% drop in net profit to

When bottom trawls are dragged across the seafloor, they stir up sediments. This not only releases previously stored organic carbon, but also intensifies the oxidation of pyrite, a mineral present in marine

Noble Reports Strong Outlook, New Contracts

Noble Corporation has reported that its contract drilling services revenue for the

Micro and small-sized AUVs can integrate a wide range of sensors and navigation systems, making them ideal for applications in littoral waters with to their ease of deployment and operation. However, effectively

The 2025 season for the voluntary NOAA and Protecting Blue Whales and Blue Skies (BWBS) programs will begin on May 1 and conclude on December 31. BWBS and NOAA strongly recommend that

Equinor and Polenergia have secured a final environmental decision for Bałtyk 1 offshore wind farm from the Regional Director for Environmental Protection (RDOŚ) in Gdańsk…

JBO Secures Foundation Design Contracts for German Offshore Wind Farms

German engineering firm Jörss - Blunck - Ordemann (JBO) has secured two