Oil and gas major BP on Monday confirmed the development concept for the second phase of the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, that it will, together with its partners in the project offshore Mauritania/Senegal…
Capricorn Energy has appointed Clare Mawdsley, previously a director of finance, as its acting chief financial officer, replacing James Smith, the oil and gas producer, which will give a strategy update in April, said on Monday. Smith had stayed…
Woodside Energy lifted its final dividend on Monday after reporting a more than tripling of profit on a beefed-up oil and gas portfolio following its merger with BHP's petroleum arm and surging oil and gas prices, sending its shares over 2% higher…
Italian oilfield services group Saipem has agreed to charter a 7th generation deepwater drillship owned by the Oslo-listed Deep Value Driller AS.The drillship, also named Deep Value Driller, will start its contract upon reactivation works, which are expected to be completed in the summer of 2023…
The U.S. Bureau of Ocean Energy Management (BOEM) said Friday that it would hold an oil and gas lease sale in the Gulf of Mexico in March 2023.The Gulf of Mexico Oil and Gas Lease Sale 259 will offer approximately 13,600 blocks on 73.3 million acres in the Western…
Oilfield services company TechnipFMC saw 2022 inbound orders grow to $8.1 billion, a 20% growth versus 2021, and its CEO expects more to come in the future.'We are in the midst of a multi-year growth cycle,' said Doug Pferdehirt, the Chair and CEO of TechnipFMC…
Optical technology specialist Luna Innovations will provide monitoring services for what will become the largest offshore wind project in the United States - Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project. The company’s EN.SURE…
The federal government of Australia has opened a consultation on a new offshore wind zone in the Pacific Ocean off the Hunter, a region of New South Wales, Australia.The government said that the proposed offshore wind area, which sits alongside the Hunter…
Greencoat Renewables has completed the acquisition of a 22.5% stake in the Butendiek offshore wind farm in Germany from Marguerite Pantheon.Developed by wpd, the Butendiek offshore wind farm is located in Germany’s exclusive economic zone in the North Sea…
Offshore installation services company Subsea 7 said Friday it had won a 'sizable' vessel contract with the Brazilian oil company Petrobras.The contract is for the 145.9m pipelay support vessel (PLSV) Seven Cruzeiro off the coast of Brazil.…
NKT, a Denmark-based company specializing in power cable making and installation, said Friday it would sign a joint venture deal with Taiwanese cable company, Walsin Lihwa, to provide technical support for the construction of the first subsea power cable factory in Taiwan…
Trinidad and Tobago next month expects to formally begin negotiations with Venezuela on a promising offshore natural gas project, the Caribbean nation's energy minister said on Thursday.A deal would help revive the nation's gas production, which…
Subsea 7's renewables-focused offshore installation subsidiary Seaway7 on Thursday announced it has struck a deal with offshore services company Saipem to collaboratively pursue projects in the growing offshore wind industry.Under the commercial collaboration agreement…
An investigation into a potentially fatal offshore rig incident in Norway in which a worker lost his arm after getting crushed by a heavy drag chain, has now been completed.The incident occurred on the Linus jack-up rig on November 10, 2022…
The Italian energy group Eni said on Thursday it would simplify and improve returns to investors in its 2023-2026 strategy plan.The group said it would raise its dividend by 7% and buy back shares worth 2.2 billion euros ($2.3 billion) in 2023…