DNO ASA reported 2024 revenues of USD 667 million on the back of robust production in the Kurdistan region of Iraq and continued North Sea expansion. Net production climbed 50% year-on-year to 77,300 boed combined from Kurdistan, North Sea and West Africa operations. SourceContinue Reading
ADNOC Gas has announced record earnings for the full year (FY) 2024 of $5 billion, and its highest quarterly income of $1.38 billion since its IPO. The robust improvement was driven by several factors including a richer mix of gas, producing more liquids, and improved commercial terms in the domestic market. SourceContinue Reading
VIKING Life-Saving Equipment is strengthening its position in boat manufacturing by investing in a new manufacturing facility in Arendal, Norway. The new building covers 3,400 sqm and is designed to meet requirements for high-end freefall boats in the offshore segment. SourceContinue Reading
The National Ocean Industries Association expressed its strong support for the series of Secretarial Orders signed by U.S. Secretary Doug Burgum to unleash America’s energy potential. “American energy leadership is back,” said President Erik Milito. SourceContinue Reading
Saab UK has announced the official opening of a new manufacturing facility. Opened by the Rt Hon Jonathan Reynolds MP, Secretary of State for Business and Trade, the facility will develop, manufacture, and support Saab’s radar systems and Seaeye underwater robotics portfolio. SourceContinue Reading
The 2025 Offshore Energy Vessel of the Year Award went to IWS Seawalker, a 90-meter CSOV designed and equipped by Kongsberg Maritime, during a ceremony at the Annual Offshore Support Journal Conference in London. SourceContinue Reading
The National Ocean Industries Association expressed its strong support for the series of Secretarial Orders signed by Secretary Doug Burgum to unleash America’s energy potential. “American energy leadership is back,” said President Erik Milito. SourceContinue Reading
The American Petroleum Institute (API) has released its ‘2025 API Standards International Usage Report’, detailing the growing international influence of API standards, and highlighting its paramount role in advancing safety, sustainability, and efficiency across the global oil and gas industry. SourceContinue Reading
McDermott has completed transportation, installation, and commissioning activities for the Kikeh subsea gas lift project in under eight months. The Kikeh field first came on stream in 2009 as one of Malaysia’s largest deepwater developments. SourceContinue Reading
“We could not be more proud of Leslie’s appointment as Assistant Secretary of Land and Minerals Management. Her unwavering commitment to the energy sector and her innate ability to bring stakeholders together will serve the Department of the Interior well,” the EWTC stated. SourceContinue Reading
