Maritime and offshore service provider OSM Maritime Group has taken over the ship management of the soon-to-be-converted platform supply vessel Norside Cetus.The vessel will be converted into a walk-to-work vessel, to serve the offshore wind industry…
Italian oil and gas company Eni said Thursday it had made a gas discovery at the well XF-002, being drilled the offshore Block 2 in Abu Dhabi (UAE) in 115 ft of water depth, Eni's first in the block.'The well interim results indicate a range of 1…
Shell boosted its dividend and share repurchases on Thursday after its fourth-quarter profits soared to $6.4 billion on the back of higher oil and gas prices.Shell, which moved its headquarters from The Hague to London last month, said it expected…
Offshore wind turbine makers have been working to build increasingly bigger turbines, and the likes of GE, Siemens Gamesa, Vestas, and MingYang have in the past two years or so unveiled designs for giant 14-16MW rated units.It has been said that larger turbines…
The Guanabara FPSO has arrived at the Mero field in the Santos Basin, offshore Brazil, the Brazilian state-run oil company Petrobras has informed.The FPSO, also known as Mero 1, will be the first 'definitive' oil production system at the Mero field…
Norway has approved plans to develop several Equinor-operated gas and condensate discoveries in the Norwegian Sea, the ministry for petroleum and energy said on Wednesday.Equinor and its partners plan to invest 6.5 billion Norwegian crowns ($742…
Marine dredging and installation services contractor Jan De Nul Group has ordered Maritime Robotic's Mariner Unmanned Surface Vehicle (USV) as the first step towards unmanned and autonomous offshore survey operations. Named Beluga 01, after the Beluga whale…
Switzerland-based subsea wireless access provider Hydromea has said it has recently successfully trialed EXRAY, its wireless underwater ROV system, in a full ballast water tank on one of TotalEnergies’ North Sea FPSOs.EXRAY was deployed to collect visual inspection data…
Seahaven Advanced Evacuation System , developed by the UK-based marine safety and survival solutions provider Survitec, has successfully passed heavy weather sea trials (HWST), deployed from the offshore support vessel EDT Jane.According to Survitec…
Saudi Aramco has bought a 7.4% stake in Norwegian industrial software group Cognite from oil firm Aker BP, Cognite said on Wednesday.The price for the stake was 'around 1 billion Norwegian crowns,' or about $113 million, an Aker BP spokesperson told Reuters…
W&T Offshore has completed the acquisition of shallow-water U.S. Gulf of Mexico oil and gas fields from ANKOR E&P Holdings Corporation and KOA Energy LP, ahead of schedule.The oil firm has bought oil and gas producing properties in Federal shallow…
ASX-listed oil and gas company Pilot Energy Limited said Tuesday its proposed agreements with Triangle Energy to farm out a part of a block off W. Australia and create a solar and wind joint venture would not go ahead as the Australian regulators have refused to grant the necessary approvals…
The United States, the world's top natural gas producer, has asked Qatar and other major energy producers to divert gas supplies to Europe if Russia attacks Ukraine and the United States imposes sanctions on Russia.Russia, which supplies around a third of Europe's gas…
Sweden's Lundin Energy reported on Tuesday a bigger-than-expected rise in operating profit for the final quarter of 2021 amid a surge in the price of crude oil and natural gas.Lundin's earnings before interest and tax (EBIT) for October-December rose to $1…
Renewable energy company Ørsted on Wednesday missed fourth-quarter operating profit expectations, but said it expected a boost in earnings as wind speeds should return to normal this year after an unusually calm 2021.Ørsted's shares rose by as much as 6% at opening and were trading 1…
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