French energy giant TotalEnergies has expanded its partnership with Cognite to scale the deployment of the industrial AI company’s data platform across all of its…
TotalEnergies to Roll Out Cognite AI Platform Across Upstream Assets
Motive Offshore Expands Presence in Norway with New Acquisition
Motive Offshore Group has acquired Norway-based Weld Integrity Group, a move aimed at strengthening its certification and inspection (C&I) capabilities and boosting…
Ørsted, POSCO Group Team Up for 1.4GW South Korean Offshore Wind Project
South Korean steelmaker POSCO Group has signed a memorandum of understanding (MoU) with Ørsted to explore the joint development of the 1.4 GW Incheon offshore wind farm…
Equinor, Partners Bolster Åsgard Production with Subsea Compressors Upgrade
Equinor and partners in Åsgard and Mikkel licenses have started the second phase of Åsgard subsea compression in the Norwegian Sea, with the aim to maintain production…
Timor Gap Boosts Stake in Finder Energy’s Timor-Leste Oil Fields
Finder Energy has executed a binding farm-in agreement with joint venture partner Timor Gap to increase the Timor-Leste state oil company’s stake in Production Sharing Contract (PSC) 19-11…
Nigeria Greenlights TotalEnergies’ Bonga Oil Field Sale to Shell, Agip
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved a sales purchase agreement (SPA) by TotalEnergies for its entire 12.5% stake in Oil Mining Lease (OML) 118…
Italy fines Eni, ExxonMobil, Four Other Oil Firms for Unfair Competition
Italy's antitrust regulator has fined energy group Eni and five other oil companies operating in the country for practices restricting fair competition in the sale of fuel for trucks…
Uncertainty Reduces New Oil and Gas Investment
Several news items this week highlight the potential consequences of uncertainty in the energy market.Fugro scrapped its annual outlook and announced further job cuts, citing an impact from project delays. The company
India and EU Launch Ideathon on Marine Plastic Litter
The India-EU Ideathon on “Combating Marine Plastic Litter” has been formally launched.The initiative is being organized by the Office of the Principal Scientific Adviser (PSA) to the Government of India in partnership
TechnipFMC Awarded Hammerhead Contract
TechnipFMC has been awarded a substantial ($250-500 million) contract by ExxonMobil Guyana Limited to supply subsea production systems for the Hammerhead development in Guyana’s Stabroek Block…
DOF Wins Three Short-Term Contracts in Brazil
DOF Group has secured three new short-term contracts in Brazil.A major oil company with significant presence in Brazil has contracted Skandi Salvador and Geoholm…
Marport Launches New Pro NX Sensor Platform
Marport, a leader in catch control and net monitoring technology for commercial fishing, has unveiled its new Marport Pro NX sensor platform. This line of sensors delivers improved performance, usability, and data
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