U.S. oil companies Chevron and Talos and carbon capture & storage project development & finance company Carbonvert have signed a memorandum of understanding (“MOU”) for an expanded joint venture to develop the Bayou Bend CCS offshore carbon…
American Bureau of Shipping has granted its Approval in Principle (AIP) for the carbon dioxide injection platform developed by Hyundai Heavy Industries.The platform has been designed to store carbon dioxide that has been captured on land, liquefied at high pressure…
Oil and gas company Energean, focused on bringing online the Karish gas field offshore Israel, said Tuesday it had signed a new Karish gas sales deal for up to 0.8 bcm/yr. It also said that the Energean Power FPSO, which will be used to produce gas from the Karish field…
The Danish marine pumps specialist Svanehøj will supply pump systems for two CO2 carriers that will transport liquid CO2 to the Northern Lights storage facilities in Norway.Northern Lights, the JV owned by Equinior, Shell, and TotalEnergies…
Marine seismic company PXGEO said Tuesday it was activating a second Ocean Bottom Node crew for a seismic acquisition project in the North Sea.'CGG has awarded this work to PXGEO as part of a hybrid streamer and ocean bottom node project, with a duration of approximately three months…
BP boosted its share buyback program after net profit soared to its highest in more than a decade on strong oil and gas trading results, as the energy company took a $24 billion charge after exiting its operations in Russia.Soaring oil and gas…
Rawabi Vallianz Offshore Services (RVOS) has chosen to outfit its entire fleet of vessels with the Fueltrax Electronic Fuel Management System (EFMS) to ensure accurate fuel usage transparency and emissions tracking.RVOS, a JV between Rawabi Holding…
UL, a safety certification company has launched a new office in Glasgow, which will serve as the global hub for its growing offshore wind operations.'From this location, UL will deliver expert support for customers and their projects worldwide…
Norwegian marine seismic survey company PGS has won a Wide Azimuth 3D acquisition contract offshore Cyprus. PGS, which owns a fleet of seismic survey vessels, said that mobilization was scheduled to start in mid-June. The acquisition is expected to complete in mid-August…
Subsea services company DeepOcean has entered into a long-term strategic partnership agreement with the Norwegian oil and gas company Aker BP.Under the agreement, DeepOcean will be Aker BP’s preferred supplier of subsea operations related to inspection…
Oilfield services giant TechnipFMC has secured an additional contract and received notice to proceed from ExxonMobil for its Yellowtail development in the Stabroek Block offshore Guyana.The newly announced, 'significant' flexibles contract covers…
Liquefied natural gas (LNG) tanker Arctic Voyager is set to arrive at Norway's Hammerfest terminal on May 9, Refinitiv Eikon data showed on Monday, ahead of a planned restart of gas production the following week.Europe's only large-scale LNG plant…
Oil major BP BP.L expects to double crude output from its Thunder Horse project in the U.S. Gulf of Mexico and inaugurate its latest production platform by the end of this year, a company executive said on Monday.The company, which is betting on 'lower-carbon…
Houston-based Great Lakes Dredge & Dock Corporation on Monday announced it has been selected with Dutch offshore services firm Van Oord to perform the subsea rock installation work for Equinor and bp's Empire Wind I and II wind farms off the U…
American Bureau of Shipping (ABS) has granted Approval in Principle (AIP) for a design for a wind turbine installation vessel (WTIV) for China Ocean Shipping Company Limited (COSCO) by Friede and Goldman (F&G).According to ABS, the design is…