Viaro Energy Receives NSTA License Approval for Bressay Oil Field

First Steel Cut for FPSO Raia in Brazil

The fabrication of a floating production storage and offloading (PFSO) for the Raia project in Brazil, operated by Equinor on behalf of the Raia project consortium, has officially started at Seatrium’s BrasFELS Shipyard.

UK Allocates Close to $1.3B for Next Renewable Energy Auction

The U.K. government has approved $1.27 billion for the next contracts for difference (Cfd) auction round, which is the biggest ever funding boost for its flagship renewables support scheme.

Exxon Signals Potential Counter Offer for Hess's Guyana Assets

Tullow Oil Swings Into Loss, But Eyes Returns After 2025

Tullow Oil swung into a loss in 2023 after cutting the value of reserves in one of its West African oilfields, as its chief executive said the company would consider shareholder returns after 2025.

Enersea Designs CCS Support Frame for North Sea Project

Dutch company Enersea has designed a support frame for carbon capture and storage (CCS) project in the North Sea.

Iberdrola Bids $2.5B for Remaining Stake in US Subsidiary

Spanish utility Iberdrola said on Thursday it is launching a bid to acquire the remaining 18.4% stake in its U.S. subsidiary Avangrid that it does not hold in a deal that would amount to about $2.49 billion.

Hanwha Ocean Lays Keel for Cadeler WTIV Wind Maker

South Korean shipbuilder Hanwha Ocean has laid the keel for Cadeler’s newbuild wind turbine installation vessel (WTIV), Wind Maker.

Equinor and Polenergia Hire RockWave for Offshore Wind Subsurface Data Reprocessing

Equinor and Polenergia have awarded a contract to RockWave for subsurface data reprocessing for Baltyk 1 offshore wind farm in Poland.

AI Tool to Tackle Boulder Issues for Offshore Wind Developments

Renewable energy industry supplier Ocean Geophysics has introduced an AI-driven boulder identification tool, which is expected to reduce development risk, time and cost for developers of offshore wind farms.

MacGregor Gets Large Crane Order for Prysmian’s New Cable Layer

MacGregor, part of Cargotec, has received a large order for three cranes that will be installed onboard a new cable laying vessel (CLV) being built for Prysmian by shipbuilder Vard.

APL’s Fluid Swivel Technology Certified by DNV

NOV’s APL group has received technology qualification program (TQP) certification from DNV for its largest swivel. 

NOV's Telescopic Leg Crane Wins Two Industry Awards

NOV’s telescopic leg crane has recently received recognition for its exceptional contribution to the offshore industry.