US to release 172 million barrels from the Strategic Petroleum Reserve
The strategy is part of a global plan to stabilize the energy market.
News
Energean Acquires Stake in Key Chevron Offshore Blocks in Angola
The transaction strengthens Energean's role in West Africa and anticipates immediate cash flow thanks to producing deepwater assets.
Seaturns Connects Its First Wave Energy Farm to the Grid in Mauritius
Mauritius begins operations with full-scale grid-connected wave energy, validating technology in open sea.
Boskalis awarded decommissioning contract by Shell UK
The company will execute more than 100 days of offshore operations to remove subsea infrastructure in the United Kingdom.
PASSER and Qube to develop cable logistics hub in Bintan
A new hub at the Bintan Offshore Marine Centre will boost energy logistics in Asia-Pacific.
Pentagon backs REalloys to relaunch domestic rare earth production
REalloys to produce samarium and gadolinium in the U.S. after securing key Defense Logistics Agency contract.
RWE awards Vestas 92 turbines for offshore project in the UK
RWE to supply 1.38 GW of offshore wind energy with 92 Vestas turbines at Vanguard East, operational by 2030.
Deep Fission drills its first underground nuclear borehole in Kansas
The company marks the beginning of a new stage in nuclear energy development with reactors installed one mile deep.
ABL strengthens its foothold in Guyana with a new contract for the Hammerhead development
ABL will carry out marine inspection for Hammerhead, ExxonMobil’s seventh deepwater development offshore Guyana.
OLT begins small-scale LNG operations in Italy
The FSRU Toscana becomes the first Italian terminal to offer small-scale LNG with sustainability certification.