Api News


First Crude from ONE Guyana FPSO Set for Export in August-September

Jun 12, 2025

The first crude cargo from Guyana's fourth oil production facility, which arrived in the country in April and is being installed, is set to be exported between late August and early September, the government told Reuters on Tuesday.A consortium by U…

Endangered Gulf of Mexico Whale Threatened by Oil and Gas Vessel Strikes

May 21, 2025

The Trump administration published a long-awaited environmental assessment on Tuesday that found that vessel strikes related to oil and gas drilling in the Gulf of Mexico are likely to jeopardize the existence of the endangered Rice's whale…

Oil Rises on China Stimulus Hopes, US Inventory Drop

Dec 26, 2024

Oil rose almost 1% on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, and supported by an industry report showing a decline in U.S. crude inventories.Chinese authorities…

Oil Falls on Demand Worries, Market Awaits Fed Advice

Dec 17, 2024

Oil prices eased about 1% to a one-week low on Tuesday on demand worries following the release of negative economic news from Germany and China, while investors remained cautious ahead of a U.S. Federal Reserve decision on interest rates.Brent futures fell 90 cents…

Woodside Achieves First Oil at Sangomar

Jun 10, 2024

Woodside has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project.The Sangomar Field Development Phase 1 is a deepwater project including a stand-alone FPSO facility with a nameplate capacity of 100…

DNV's New Standard for Hybrid TCPs Set to Improve Deepwater Projects Reliability

May 08, 2024

DNV has released its latest standard, DNV-ST-F207 for hybrid thermoplastic composite flexible pipes (TCPs), which facilitates the integration of innovative technologies like carbon fiber armor into flexible riser designs to enhance efficiency and reliability for deepwater projects…

Motus to Supply Platform Main Crane for Empire Wind 1 OSS

Apr 02, 2024

Norwegian crane specialist Motus Technology has secured a contract from Seatrium to deliver engineering, design, and construction of the platform main crane for Empire Wind 1 Offshore Substation (OSS).The main platform crane from Motus will be delivered to Seatrium’s Singapore yard…

Brassavola Completes Maiden Ship-to-Ship LNG Bunkering Operation

Feb 19, 2024

Pavilion Energy, the charterer of Singapore’s recently delivered first membrane LNG bunker vessel Brassavola, has concluded its first Ship-to-Ship (STS) LNG bunkering operation.Pavilion Energy said on February 19, 2024, the bunkering operation to Rio Tinto chartered dual-fueled bulk carrier…

Oil Industry, Green Groups Challenge Biden Offshore Drilling Plan

Feb 12, 2024

Oil and gas companies and environmental groups on Monday filed dueling legal challenges to the Biden administration's five-year plan to offer drilling leases in the Gulf of Mexico.The petitions to a U.S. appeals court come four months after…

COP28: US Cracking Down on Methane from Oil and Gas

Dec 03, 2023

The Biden administration on Saturday unveiled final rules aimed at cracking down on US oil and gas industry releases of methane, part of a global plan to rein in emissions that contribute to climate change.The rules, two years in the making…

US Appeals Court Orders Gulf Lease Auction Within 37 Days

Nov 14, 2023

A U.S. appeals court on Tuesday ordered that a postponed federal auction of drilling rights in the Gulf of Mexico be held within 37 days, a setback for environmentalists seeking expanded protections for the endangered Rice's whale.According to court papers…

US Postpones Gulf of Mexico Oil and Gas Auction Due to Litigation

Nov 02, 2023

The Biden administration on Thursday postponed a Nov. 8 sale of offshore drilling rights in the Gulf of Mexico pending the outcome of a lawsuit over oil and gas development and federal protection of an endangered species of whale.The move comes after a U…

Maersk Supply Service Selects Inmarsat Fleet Data IoT for Battery-powered AHTS

Nov 02, 2023

Danish offshore vessel owner Maersk Supply Service has selected the Fleet Data IoT platform from Inmarsat Maritime, a Viasat business, to help optimize the performance of its first vessel battery installation onboard the Maersk Minder anchor handler…

U.S. Appeals Court Blocks Gulf of Mexico Oil and Gas Sale Expansion, Pending Appeal

Oct 27, 2023

A U.S. appeals court on Thursday temporarily paused a federal judge's order last month that had required the Biden administration to expand a planned offshore oil and gas auction in the Gulf of Mexico by 6 million acres (2.4 million hectares)…

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