Thursday, February 29, 2024

Record Year for Wind Farms Raises Hope for EU Goals

Offshore Wind: Record Year for Wind Farms Raises Hope for EU Goals - A record year for building new wind farms and a rebound in investments in the sector have raised hopes that the EU may achieve…

Hess Remains Fully Committed to Buyout Deal with Chevron

Offshore: Hess Remains Fully Committed to Buyout Deal with Chevron - Hess said on Tuesday that a pre-emption provision does not apply to its proposed $53-billion buyout by Chevron and it remains…

OPEC+ to Consider Extending Voluntary Oil Output Cuts

Production: OPEC+ to Consider Extending Voluntary Oil Output Cuts - OPEC+ will consider extending voluntary oil output cuts into the second quarter, three OPEC+ sources told Reuters, to provide…

Pemex Swings to Profit, But Provider Debt Hits Record

Finance: Pemex Swings to Profit, But Provider Debt Hits Record - Mexico's Pemex reversed losses in the last three months of 2023 but its overall debt burden remained the highest of any oil company in the world…

Gulf Island Sells Excess Property in Houma

Construction: Gulf Island Sells Excess Property in Houma - Gulf Island Fabrication, a steel fabricator and service provider to the industrial and energy sectors, announced on Tuesday…

Brand New FPSO for Mero Oil and Gas Field Heads to Brazil

Industry News: Brand New FPSO for Mero Oil and Gas Field Heads to Brazil - The floating production storage and offloading (FPSO) unit Marechal Duque De Caxias has set sail from China to its deployment site at Mero field…

Helix Secures Deepwater Well Intervention Contract in West...

Africa: Helix Secures Deepwater Well Intervention Contract in West Africa - U.S.-based oil and gas services firm Helix Energy Solutions has been awarded a deepwater well intervention contract award…

Congo’s First LNG Cargo to Set Sail in Coming Days

LNG: Congo’s First LNG Cargo to Set Sail in Coming Days - The first LNG cargo from Eni's Congo LNG project is currently being loaded and will sail to Piombino’s regasification terminal…

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