Oil production in the U.S. Gulf of Mexico on Monday remained largely halted in the aftermath of Hurricane Ida, with 1.72 million barrels of output suspended, according to offshore regulator the Bureau of Safety and Environmental Enforcement (BSEE)…
U.S. oil major ExxonMobil has spudded the Sapote-1 well on the Canje Block, offshore Guyana. This is the company's third well in the block drilled this year. The first two wells, Bulletwood-1 and Jabillo-1, failed to find evidence of commercial hydrocarbons…
INEOS E&P has completed the acquisition of Hess' subsidiary Hess Denmark for $150 million. Hess will use the proceeds to fund its projects in Guyana.With the acquisition, first announced in March, INEOS has become the owner of 61.5% of the Hess-operated Syd Arne oil field…
China's top offshore oil and gas producer, CNOOC, has launched the country's first offshore carbon capture and storage (CCS) project in South China Sea, which is expected to store more than 1.46 million tonnes of carbon dioxide.As one of the…
Excelerate Energy will deploy one of its FSRUs in Bahia, Brazil, having recently successfully concluding negotiations with Petrobras over the tender process for the lease of the Bahia Regasification Terminal.Excelerate will deploy one of its…
UK-based oil firm Spirit Energy is set to decommission another oil field in the UK North Sea.Just days after receiving approval for the decommissioning plan for its Ensign field, Spirit Energy said Monday it would file a decommissioning program for its Chestnut field in the Central North Sea…
Big Roll Beaufort heavy transportation vessel, loaded with topsides destined for TotalEnergies' Tyra Phase 2 development off Denmark, reached the Danish North Sea on Sunday morning after a long journey from Singapore.Singapore's offshore platform…
Offshore drilling company Noble Corporation said Sunday that all workers aboard three of its drillships in the U.S. Gulf of Mexico were safe and accounted for following Hurricane Ida, with one of the three rigs experiencing hurricane-force conditions…
Norwegian oil firm Equinor said Monday it had brought online one of its most profitable projects ever, Troll phase 3 project in the North Sea, offshore Norway. Production started on Friday, August 27, at 9.25 pm.According to Equinor, the project…
Energy firms on Sunday had suspended 1.74 million barrels per day of oil production in the U.S. Gulf of Mexico, according to the Bureau of Safety and Environmental Enforcement (BSEE), as Hurricane Ida slammed into the Louisiana coast as a Category 4 storm…
Prosafe, an Oslo-listed offshore accommodation rig provider, has to pay around $53 million to Westcon yard as its appeal over an April court ruling related to a dispute concerning the conversion of one of its flotels was dismissed.Stavanger…
UK wireless telecommunications provider Vilicom is using network software provider Mavenir's MAVair suite as an important element of deploying the UK's first private offshore LTE network for wind farm communications and connectivity, Mavenir said…
Offshore wind developer Ørsted and its partner Eversource have selected Kiewit to construct an offshore wind substation, which will be deployed at their South Fork Wind project serving New York’s Long Island. This will be the first US-built offshore wind substation…
Malaysian state energy giant Petronas announced a flip to a second-quarter profit on Friday on the back of a recovery in prices and demand, but said it will be a 'long, drawn out process' before the industry returns to pre-pandemic levels.Petronas…
U.S. oil and gas companies on Friday raced to complete evacuations from offshore Gulf of Mexico platforms as Tropical Storm Ida advanced towards oilfields that provide 17% of the nation's oil production.The storm early Friday was about 50 miles…