Chevron and the Egyptian Natural Gas Holding Company (EGAS) have signed an agreement covering at least $88 million of investment in natural gas and crude oil exploration and production in the Lotus offshore area in the Mediterranean Sea.The…
Chevron said on Tuesday it was transporting non-essential personnel from its offshore platforms in the Gulf of Mexico as a possible tropical storm approached the US Gulf Coast.'Production from Chevron-operated assets remains at normal levels…
Vaalco Energy has completed its Phase 3 drilling program offshore Gabon after bringing the ETSEM-3H development well onstream at an initial stabilized rate of about 2,000 barrels of oil per day, while drilling has started on its Baobab Phase 5 program offshore Côte d’Ivoire…
Shell's third-quarter integrated gas production was expected to be about 740,000 to 780,000 barrels of oil equivalent per day, the company said on Wednesday, compared with a previously expected range of 570,000 to 630,000 boed.In the second quarter…
Oil prices climbed on Wednesday as the market weighed supply constraints from a storm heading for US oil-producing regions and attacks by Yemen's Iran-backed Houthis on Saudi Arabia against increased supplies of Middle East crude.Brent futures LCOc1 rose 81 cents…
Sumitomo Corporation Global Metals Co., Ltd. (SCGM) and TFI Marine Limited have formed a partnership to introduce innovation into mooring solutions for floating offshore wind and offshore energy projects. The partnership enables and accelerates…
Forum Energy Technologies (FET) has appointed Amariko Co., Ltd. as its local representative for the Dynacon product family in Japan. Under the partnership, Amariko will provide business development, technical and administrative support to Dynacon customers throughout Japan…
Chevron Technical Center has joined a long-term digital subsurface collaboration between SLB and TotalEnergies to co-develop technologies for reservoir engineering and geoscience.The collaboration, known as Arena, was established by SLB and…
Solstad Offshore has exercised an option to purchase the construction support vessel (CSV) Normand Maximus for $125 million via its subsidiary, with the acquisition scheduled to be completed in October 2027.Solstad Offshore’s subsidiary Normand Maximus declared the purchase option on October 6…
Failure to secure approval for the Rosebank and Jackdaw projects would be a major setback for Equinor's Adura joint venture with Shell in the North Sea, Equinor CEO Anders Opedal said on Tuesday.'Not approving Rosebank would be contradictory to energy security…
Drilling waste management specialist TWMA has secured a multi-million-dollar contract from an unnamed North Sea operator to provide offshore drilling waste management services for a multi-well campaign in the UK North Sea.The contract, awarded under an existing agreement…
MISC has named Th’ailib, the first of three new 174,000-cubic-metre liquefied natural gas (LNG) carriers secured under long-term charter agreements with QatarEnergy, at Samsung Heavy Industries (SHI) in South Korea.Th’ailib will enter a firm 15-year charter with QatarEnergy starting in 2026…
KBR has been awarded a contract by Saudi Aramco to provide engineering and project execution services for upgrades to offshore facilities at the Marjan oil and gas field in the Arabian Gulf.The scope covers key offshore processing, gas compression…
Lloyd's Register (LR) has awarded Approval in Principle (AiP) to GasEntec for a floating storage and regasification unit (FSRU) concept capable of delivering up to 1 billion cubic feet of gas per day, placing it among the highest-capacity FSRU designs currently under development…
MacGregor has received an order from Nantong Rainbow Offshore & Engineering Equipment to supply motion-compensated cranes and gangways for four additional Skywalker-class commissioning service operation vessels being built for IWS Fleet.The…