Norway's combined oil and gas production exceeded an official forecast by 2.6% in August, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil. Output varies…
ExxonMobil has made a final investment decision for the Hammerhead development offshore Guyana, after receiving the required regulatory approvals. Hammerhead, the seventh project on the Stabroek block, is anticipated to come online in 2029.The…
Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge ruled on Monday, after President Donald Trump's administration halted the project last month…
Chevron, the world’s third-largest oil company, and investment fund Westlawn have joined Anadarko Petroleum in a consortium to explore offshore oil and gas blocks in Peru, in a move officials said could boost energy security and attract further global investment…
U.K. engineering company Multisec, in partnership with Durham Lifting, has designed and manufactured one of the largest C-Hooks ever produced for the offshore wind industry.The bespoke lifting tool, developed for SeAH Wind, has a capacity of…
The European Investment Bank (EIB) has provided $293.4 million (€250 million) in financing to French cable maker and services provider Nexans to support its research, development and innovation programs for 2024-2029, together with some industrial investments…
Forum Energy Technologies (FET) has launched its next generation remotely operated vehicle (ROV) control system – ICE Unity. In what is a significant leap forward for ROV control technology, the introduction of ICE Unity meets the increasing…
Offshore energy industry suppliers Ocean Geophysics has partnered with EdgeTech, a specialist in underwater technology solutions, to deliver advanced data processing software for EdgeTech’s newly launched eBOSS (Enhanced Buried Object Scanning System)…
Provider of services to the global energy industry Petrofac has extended its work in the U.K.’s North Sea with a two-year contract renewal from Ithaca Energy, valued at $50 million.Under the integrated services contract, Petrofac, who has supported Ithaca Energy since 2011…
Lighting specialist Glamox has secured contracts from electrical contractors working for three yards to provide connected marine lighting and light management systems for 11 offshore High Voltage Direct Current (HVDC) converter platforms.The…
Shearwater Geoservices has secured a seven-month streamer contract by Oil India, starting in the fourth quarter of 2025.The combined 3D and 2D seismic survey will employ two vessels from the Shearwater fleet.The project covers the Mahanadi and…
U.S. oil major Chevron is in early-stage talks to explore opportunities in European regasification terminals, as part of its strategy to expand its global presence in the liquefied natural gas market, a senior executive told Reuters.The U.S…
Dutch geological data specialist Fugro scrapped its annual outlook on Monday and announced further job cuts, citing an impact from project delays, sending its shares lower.Shares in Fugro were down around 11% to their lowest since March 2022 at 0705 GMT…
Sean Fraser, Canada’s Minister responsible for the Atlantic Canada Opportunities Agency, has announced that strategic direction has been given to the Canada–Nova Scotia Offshore Energy Regulator as a next step toward realizing Canada’s first-ever offshore wind project…
U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since February, energy services firm Baker Hughes said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output…