A group of investors with $1.1 trillion in assets under management has joined climate activist group Follow This in asking TotalEnergies shareholders to push for more ambitious targets on emissions cuts.The resolution filed for the company's…
UK North Sea-focused oil and gas company Jersey Oil & Gas (JOG) said Thursday it had agreed to farm out a 50% interest in the Greater Buchan Area in the UK North Sea to NEO Energy.In exchange for entering into definitive agreements to divest…
Offshore installation services firm Asso.subsea on Thursday announced the development of a newly built jetting vehicle for cohesionless soil: AssoJet III Mk2.'The AssoJet III Mk2 is the most advanced of the ASSO’s jetting ROVs, based on full…
Technip Energies, with its three partners Crowley, Anchor QEA, and Offshore Construction Associates, has been awarded the Floating Offshore Wind Readiness (FLOWIN) prize for Phase One by U.S. Department of Energy. The prize was awarded for Technip Energies’ in-house floater solution INO15…
Oil majors operating Kazakhstan's Kashagan and Karachaganak oil fields are being taken to arbitration by the country over allegations including unapproved spending, Bloomberg News reported on Wednesday, citing people familiar with the matter…
Viaro Energy's subsidiary RockRose Energy has struck a farm-in agreement with Hartshead Resources, to acquire a 60% working interest in Production Licence P.2607 containing the Anning and Somerville fields in the UK North Sea. Hartshead will retain a 40% working interest in the offshore license…
Oil and gas company Karoon has shut production from its Baúna field offshore Brazil, including from the Patola field, due to 'a loss of containment incident' associated with the high-pressure flare on the Cidade de Itajaí FPSO.Karoon said that production was shut-in on March 28…
EnBW and BP have hired marine consultancy and survey company ABPmer to provide detailed seabed mobility information for the Round 4 Morgan Offshore Wind Ltd and Mona Offshore Wind Ltd farms in the eastern Irish Sea.In addition to delivering…
Norwegian company Scana said Monday that its subsidiary Seasystems had signed a sizeable contract for the delivery of an anchoring system to an FSO project offshore West Africa.'This is a sizeable contract for Scana, valued close to NOK 50 million [currently around $4…
Exxon Mobil has ended a major campaign to find oil in Brazil, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The oil and gas giant has stopped current drilling at the offshore acreage it started snapping up with partners for $4 billion in 2017…
Wind turbine maker Siemens Gamesa has ordered four electrical overhead cranes from Konecranes for its offshore nacelle plant in Taichung, Taiwan. The cranes will support the entire material handling of the site’s broadened production scope, with lifting capacities of up to 400 tons…
Dubai-based Vahana Marine Solutions DMCC's Vahana Aryan vessel has become the first jack-up unit to receive DNV’s Abate-Ready notation. According to DNV, the Abate notation is designed to assist the owners and operators of offshore units to…
British North Sea-focused oil producer EnQuest said on Wednesday that its 2022 free cash flow jumped 31% from the previous year to $519 million on the back of higher prices, beating guidance, but a windfall tax weighed on its accounts. EnQuest has deferred drilling on its Kraken field…
India-based Larsen & Toubro said Wednesday that its hydrocarbon business L&T Energy Hydrocarbon (LTEH) had recently secured multiple offshore packages from 'a prestigious client in the Middle East.'The scope of work comprises engineering, procurement…
QatarEnergy has agreed with Shell to acquire a working interest in the C-10 block located offshore Mauritania.Upon the completion of the transaction, QatarEnergy will hold a 40% working interest in offshore block, Shell (the operator) will hold a 50% interest…