The Formosa 2 offshore wind project in Taiwan has reached two important construction milestones: the installation of 12 turbines and the successful transmission of power to the national grid.Once fully completed, the project will have 47 8 MW…
Florida-based St. Johns Ship Building has started construction of a Jones Act-compliant crew transfer vessel which will serve the Vineyard Wind 1 offshore wind farm in the U.S. Atlantic.The shipyard informed of the keel laying ceremony for the…
Woodside Energy Group on Friday said a cut in its production outlook, which had rattled investors on Thursday, was due to a change in conversion factors and did not reflect any change in physical product volumes.Woodside's shares fell 4% on Thursday after it said its full year output…
Siemens Energy has won what it says is the largest offshore grid connection order in the company's history. The order, made by Amprion Offshore, will see Siemens Energy supply two offshore wind power converter platforms at sea DolWin4 and BorWin4…
Malaysia's state energy firm Petronas is forecast to contribute to government coffers as much as 59 billion ringgit ($13.25 billion) this year, a cabinet minister said in a statement to parliament published Friday.Petronas contributions are a significant source of revenue for the federal government…
Oil production at Brazil's Petrobras fell in the second quarter as asset divestments, and increased work stoppages took their toll, while the company's refinery utilization rate hit a whopping 97%.In a securities filing, Petroleo Brasileiro…
U.S. liquefied natural gas (LNG) developer Delfin LNG has asked federal regulators to extend the amount of time it has to put the onshore part of its proposed Gulf of Mexico floating LNG export project off Louisiana into service until September 2023…
Dutch FPSO leasing specialist SBM Offshore said Thursday it had completed the US$1.75 billion project financing for the FPSO One Guyana. The company has previously said that this would be the company's largest FPSO so far. It will be deployed at ExxonMobil's Yellowtail development…
A third man convicted in Britain over how oil contracts were secured in post-occupation Iraq has had his conviction overturned by a London court, further unraveling a high-profile bribery case prosecuted by the UK Serious Fraud Office (SFO)…
Prysmian Group, the energy and telecom cable systems provider, on Wednesday welcomed U.S. President Joe Biden on a visit to the site of its new subsea power cables plant in Brayton Point, Massachusetts. Prysmian said it was set to transform the area…
Chinese companies CMIC and CTW (Tianjin) Offshore Engineering (CTW) on July 18 signed an agreement for strategic cooperation and supply of four liftboat jacking systems to CTW.'The strategic cooperation framework provides the basis of cooperation for the construction of liftboats…
Cyprus' Ministry of Energy, Commerce, and Industry and Chevron on Thursday affirmed their 'mutually beneficial cooperation in viably and efficiently developing' the Aphrodite gas field, offshore Cyprus, with the plan to have a development concept ready by the end of the year…
Japanese oil and gas company Inpex said Friday it had signed a statement of commitment to a net zero emissions future with the government of Australia’s Northern Territory, where the Ichthys LNG Project’s onshore gas liquefaction plant is located…
UK-based offshore well plugging & abandonment company Well-Safe Solutions said Thursday it had secured a contract to plug and abandon (P&A) 14 wells on the UK continental shelf. The work is expected to secure 60 new offshore positions.The deal…
Australia's Woodside Energy Group trimmed its production outlook for 2022 on Thursday and flagged a possible delay to a U.S. oil project inherited with BHP Group's petroleum assets, sending its shares down 4%.Woodside, now a top 10 global independent oil and…