Shell has almost finished extensive maintenance at its Prelude floating liquefied natural gas (FLNG) facility off Australia and is set to resume exports next month, according to industry sources and shipping data.The timing of the giant floating…
The Swedish-headquartered Trelleborg Group announced it has sold its U.S. offshore oil and gas operations to an undisclosed buyer.Located in Toledo, Ohio, the operation develops and manufactures primarily ceramic macrospheres and buoyancy modules…
Suncor Energy said that the Terra Nova Floating, Production, Storage and Offloading vessel has safely restarted following the completion of the Terra Nova Asset Life Extension project. Production is expected to ramp up over the coming months…
Canceled offshore wind projects, imperiled solar factories, and fading demand for electric vehiclesA year after the passage of the largest climate change legislation in U.S. history, meant to touch off a boom in American clean energy development…
Dutch crane manufacturer Huisman has secured a contract to upgrade the offshore mast crane onboard Heerema Marine Contractors' Aegir offshore installation vessel.'This significant project will enhance the second main hoist capacity from 2,000mt to an impressive 3…
Energy industry advisory and engineering consultancy Apollo has secured a contract thought to be in the region of £2 million from NEO Energy for a Front-End Engineering Design (FEED) study for the redevelopment project in the Greater Buchan Area…
Japan-based Mitsui O.S.K. Lines, (MOL) and Taiwan-based Ta Tong Marine Co. have through their joint venture Ta San Shang Marine Co. Ltd. (TSSM), signed a deal with the Dutch shipbuilder Damen Shipyards for the construction of a new service operation vessel (SOV)…
The volume of CO2 being injected into the North Sea by 2050 will be equivalent to the natural gas currently being extracted from the basin, according to a new report from global energy consultancy Xodus.That scale of carbon capture, utilization and storage (CCUS) will require some 100 reservoirs…
Brent crude futures rose in early Asian trade on Friday, reversing losses in the previous session as traders speculated on whether OPEC+ would come to an agreement on further production cuts.Brent crude futures LCOc1 gained 29 cents, or 0.4%…
Shares in chemicals giant BASF rose on Friday after a report that Abu Dhabi National Oil Co (ADNOC) is exploring an acquisition of the German group's energy business, Wintershall Dea. BASF stock was up 1.2% at 0855 GMT, with traders pointing…
Oslo-listed offshore vessel owner Siem Offshore has signed a letter of intent with offshore services firm Helix Energy Solutions Group.The LOI is for a possible long-term extension of charter contracts for Siem Helix 1 and Siem Helix 2 well intervention vessels at improved day rates…
Awilco Drilling said Thursday that an arbitration tribunal had ruled in its favor in its second case against Singapore-based Keppel FELS over a rig contract termination. It lost the first in April 2023.Awilco Drilling in 2018 ordered a harsh…
African members of OPEC+ producer group Angola and Nigeria are aiming for higher oil output, officials told Reuters on Thursday, as the countries are locked in talks with the group about their production quotas for next year.The comments came…
The Norwegian offshore industry safety body has launched an investigation after a person was hit by a valve block on the OKEA-operated Brage platform, offshore Norway, on Tuesday, November 21, 2023. According to the Petroleum Safety Authority of Norway (PSA)…
Integrated Wind Solutions ASA (“IWS”) has, through its wholly-owned subsidiary, IWS Fleet AS and IWS Fleet Management entered into a strategic cooperation with offshore wind installation firm Havfram Wind.This collaboration involves IWS providing…