Nippon Yusen Kabushiki Kaisha (NYK Line), one of the world’s largest shipping companies, has expanded its partnership with Neptune Robotics to scale up robotic hull cleaning across its global fleet in a
Russia: Nord Stream 2 Pipeline Could Be Launched ‘Right Now’ Despite Sabotage
The Kremlin said on Friday that the surviving section of the Nord Stream gas pipelines from Russia to Germany, which were blown up three years ago, could be quickly put into service…
BP Greenlights Tiber-Guadalupe Project in US Gulf of America
BP has reached a final investment decision (FID) on the Tiber-Guadalupe project in the Gulf of America, approving its second new production platform in less than two years in the critical U…
What’s really down there? Seequent Unlocks Subsea Intelligence.
Working underneath the world’s waters is a challenge in and of itself, a challenge exacerbated if an operator does not have a clear picture of the make-up of the…
TotalEnergies to Roll Out Cognite AI Platform Across Upstream Assets
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…
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

