British consulting and engineering group Wood Plc forecast 2021 revenue that came in below market expectations on Tuesday as renewed concerns about global growth and oil demand clouded the outlook for its largest division serving energy customers…
Oil Search Ltd will need billions of dollars to fund its growth plans, and tying up with Santos Ltd to create a A$20 billion ($14 billion) company will give it the access to capital that it needs, its boss said on Tuesday.Oil Search agreed to…
Danish offshore vessel operator Maersk Supply Service has secured a one-year contract extension for one of its subsea support vessels in Angola.In a social media post on Monday, Maersk Supply Service said it would provide the full scope IRM services for an undisclosed oil major in Angola…
UK-based energy consultancy Xodus is teaming up with Browning the Green Space (BGS) coalition to create a workforce program aiming to increase the participation of underrepresented populations in the offshore wind industry across Massachusetts…
Magseis Renewables, a renewables-focused subsidiary of the Norwegian offshore oil and gas seismic acquisition contractor Magseis Fairfield, has entered two technology pilot projects for carbon capture and storage (CCS) and offshore wind in collaboration with the Norwegian seismic data company TGS…
An offshore worker got injured last Friday on the Avalon Sea offshore support vessel while supporting operations on ExxonMobil's Hebron platform in the Atlantic Ocean, offshore Canada.He was injured while supporting activities associated with lifeboat winch load testing on the Hebron Platform…
BHP Group is at risk of a two-notch downgrade that would provoke its lowest ever credit rating as the sale of its petroleum business raises the miner's dependence on its major business of iron ore, S&P Global said on Tuesday.BHP has agreed to…
U.S. energy companies are moving to require that employees receive COVID-19 vaccinations as infection rates rise across the United States and health surveys show that energy workers remain among those most reluctant to get inoculations.Calls…
Brazilian oil firm Petrobras said Monday it had started producing oil and gas from the FPSO Carioca, the first FPSO in the Sépia field, located in the Santos Basin pre-salt, offshore Brazil.The Carioca FPSO is located around 200 km off the coast of the state of Rio de Janeiro…
Five workers were killed and six injured in Sunday's fire on an offshore platform in the southern Gulf of Mexico operated by Petroleos Mexicanos (Pemex) that cut about a quarter of Mexico's oil production, the company said on Monday.The fire…
German renewables giant RWE has decided to reorganize its renewables businesses to better meet its growth targets in the area of renewable energies. It said Monday that Anja-Isabel Dotzenrath, RWE Renewables CEO, has opted to leave the company…
Norwegian offshore shipping firm Solstad Offshore has secured a contract extension with Equinor for its Normand Ferking vessel.The extension will see the anchor handling vessel stay with Equinor for another year, to November 2022. Equinor has…
Canadian-based firm Frontera Energy and CGX Energy have started drilling at the Kawa-1 exploration well, offshore Guyana, using Maersk Drilling's Maersk Discoverer semi-submersible drilling rig. Also, the firms have exercised the option to drill a second well with the rig…
Japanese utility Kansai Electric Power Co Inc and German utility RWE have agreed to jointly study the feasibility of a large-scale floating wind project off the Japanese coast, the companies said on Monday.Japan's offshore power market is expected…
The Biden administration on Friday slapped sanctions on a Russian ship and two companies involved in the Nord Stream 2 gas pipeline, but opponents of the nearly-completed project said the measures would not stop it.The sanctions were imposed on ship Ostap Sheremeta…