Oil producers U.S. Chevron, Italy's ENI and Colombia's Geopark are among the companies set to sign energy agreements in Venezuela as soon as Wednesday, three sources close to the preparations said.Other companies planning to ink agreements include power company GE Vernova…
Ørsted has celebrated the completion of major construction works for the 920MW Greater Changhua 2b and 4 offshore wind farms. Following the 900 MW Greater Changhua 1 and 2a offshore wind farms that came into operation in 2024, this is Ørsted's second gigawatt-scale offshore wind project in Taiwan…
Helix Energy Solutions Group, Inc. and Hornbeck Offshore Services, Inc. have completed the previously announced combination in an all-stock transaction.The combined company has assumed the Hornbeck Offshore Services, Inc. name and will begin trading on the New York Stock Exchange on September 2…
Finnish ship design house Deltamarin has joined forces with Barcelona-based engineering and vessel design office Offshoretronic in an Exclusive Engineering Consultant Agreement to develop what will be the world's largest jackup Monopile Installation Vessel (MPIV)…
U.S. oil company North American Blue Energy Partners will take over some oilfields previously controlled by several Chinese companies and a Russian firm, two U.S. officials told Reuters on Monday.The takeover will be part of a sweeping oil production…
Egypt expects the Damietta regasification vessel, which was damaged in a drone attack in July, to resume operations in the fourth quarter of the year.The damaged vessel did not impact Egypt's gas market, Petroleum Minister Karim Badawi said…
COLI Group has recently completed a six-month transport project for GE Vernova, moving 14 large power transformers from GE Vernova's Turkish factory to a job site in Poland supporting the Baltica 2 offshore wind farm. The cargo was shipped across three voyages on three separately chartered vessels…
From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change…
An unprecedented deal for the U.S. to gain access to a fifth of Venezuela's oil reserves - and the central role a Venezuelan businessman will play - is prompting questions and hesitation from some oil companies evaluating potential investments in the country…
U.S. President Donald Trump said Monday that ExxonMobil, the largest U.S. oil major, was among a group of companies planning to do business in Venezuela.Exxon declined to comment. Any entrance into the South American country would mark a stunning…
C-Innovation (C-I), a provider of subsea services and an affiliate of Edison Chouest Offshore, announced the promotion of Lucas Cribley to Chief Executive Officer.In his new role, Cribley will lead C-I’s overall strategy and operations as the…
California on Friday sued the Trump administration and an offshore wind developer over a deal that canceled a planned project off the state's Central Coast in exchange for a $120 million federal reimbursement and a commitment to invest in fossil fuel projects…
Eni has, together with MIWEN (a wholly owned subsidiary of YPF) and the Uruguayan National Oil Company ANCAP, signed an official agreement for the entry in the OFF-5 exploration block offshore Uruguay, following approval by the Uruguayan authorities…
Floatel International has secured a letter of intent for its Floatel Triumph semi-submersible unit to provide Maintenance and Safety Unit (MSU) services offshore Brazil for four to eight months.The assignment is scheduled to start in the first quarter of 2027…