PXGEO Secures Equinor Deal for Autonomous Subsea Inspection Trials

June 10 (OE) PXGEO has signed a one-year framework agreement with Equinor to conduct autonomous subsea inspection trials using Saab's Sabertooth Underwater Intervention Drone (UID) technology. The agreement will see the companies test and verify autonomous inspection capabilities, including validation of autonomous behaviors for offshore inspection operations. The first call-off under the agreement is already... Continue Reading →

June 10, 2026 0

TouchWind Installs Floating Wind Prototype in Dutch Waters

May 28 (OE) TouchWind has installed its floating wind turbine prototype at Fieldlab Green Economy Westvoorne in the Netherlands, moving the POWER project into the in-water testing phase. The POWER project, short for ‘POsitive Wake Effects of turbines with tilted Rotors’, is studying how turbines with tilted rotors can deflect wakes and access higher-energy wind... Continue Reading →

May 28, 2026 0

Nordex Pushes EU to Ban Chinese Wind Turbines From European Grids

May 27 (oilprice.com) One of Europe's biggest wind turbine makers, Germany-based Nordex, is calling for stricter EU regulations to exclude non-western equipment from the supply chain of new renewable projects, as the European industry remains concerned about China's market dominance in the clean energy supply chain. "We believe the western-origin principle should therefore apply to... Continue Reading →

May 27, 2026 1

Ventura Offshore Picks Weatherford for Búzios Field MPD Operations

May 8 (OE) Energy services company Weatherford has been awarded a managed pressure drilling (MPD) contract by Ventura Offshore for operations aboard the SSV Victoria semi-submersible drilling rig offshore Brazil. The contract covers operations in Petrobras’ Búzios Field and includes delivery of Weatherford’s G3 Integrated Riser Joint MPD system, along with rig preparation, system integration... Continue Reading →

May 8, 2026 0

Exclusive: Power suppliers hesitate as Venezuela seeks grid repairs without payment guarantees

May 4 (Reuters) - When potential providers and financiers for Venezuela's electric industry, including Siemens Energy and GE Vernova, held meetings with officials in Caracas in April, questions of how they might get paid to shore up the country's deteriorated grid were top of mind, two sources involved in the talks said. Those executives came away... Continue Reading →

May 4, 2026 0

Baker Hughes tops estimates, says oilfield activity hit by Middle East disruptions

April 23 (Reuters) - Oilfield services provider Baker Hughes beat Wall Street estimates for first-quarter profit, as strong demand in its industrial and energy technology ‌unit offset drilling weakness caused by disruptions in the Middle East. A surge in electricity demand from data centers, along with investments in liquefied natural gas (LNG), gas infrastructure and grid... Continue Reading →

April 24, 2026 0

Mero Field to Receive US$450 Million Investment in Unprecedented Seismic Monitoring Project

April 14 - The Mero field will be the site of the world's most extensive seismic monitoring project, with an investment of US$450 million. This unprecedented project in deep waters will reveal data that will allow for a deeper understanding of the reservoir's behavior and its dynamics over time. The investment will be led by... Continue Reading →

April 14, 2026 0

Westwood sees Guyana exceeding 100 subsea trees by 2030

April 14 (oilnow.gy) Guyana is among the high-growth offshore markets expected to require more than 100 subsea trees by 2030, according to Westwood Global Energy Group in an April 13 LinkedIn post. “High-growth markets including Australia, China, and Guyana are each expected to exceed 100 units by 2030,” the firm said. The projection aligns with... Continue Reading →

April 14, 2026 0

Suriname – GranMorgu in full subsea build-out mode with multiple trees completed

March 31 (oilnow.gy) The GranMorgu offshore project has entered full subsea build-out mode, with multiple subsea Christmas Trees (XTs) completed, according to a March 30 update by TotalEnergies Suriname General Manager Artur Nunes da Silva. The project recorded its first XT completion in December 2025. Since then, progress has accelerated. Nunes da Silva said, “We... Continue Reading →

March 31, 2026 0

Offshore CCS Moves to Reality with Agogo FPSO Pilot

March 30 (OE) Yinson Production has started operating a pilot carbon capture and storage (CCS) unit on the Agogo floating production, storage and offloading (FPSO) vessel offshore Angola, which is deemed the world’s first post-combustion CO2 capture plant installed on an offshore facility. The system has been developed in collaboration with Azule Energy and Norway-based... Continue Reading →

March 30, 2026 0

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