Mexican President Andres Manuel Lopez Obrador said on Monday his government is tackling the debt burden of state oil company Petroleos Mexicanos (Pemex) and hinted he would try to use funds from the International Monetary Fund (IMF) to do so…
Following reports of an oil spill in Bay Marchand Block 5, off Louisiana in the U.S. Gulf of Mexico, oil company Talos Energy said its assets were not the source of the oil release.'As a responsible operator, Talos has chosen to continue to…
Offshore engineering firm Aquaterra Energy has signed an engineering and design service agreement with an unnamed 'supermajor' to deliver multiple offshore platforms over a three-year period. The platforms, of Aquaterra Energy's Sea Swift design…
Marine technology company Sonardyne has launched what it described as 'a range-topping model' of its hybrid, underwater, and surface vehicle navigation platform, SPRINT-Nav Mini.According to Sonardyne, the new Navigator version extends the capability of the Guidance model introduced last year…
Italy-based subsea cable maker Prysmian Group together with subsea installation firm Asso.subsea, has signed a contract with RTE, Réseau de Transport d'Électricité, for the development of an export subsea power cable system for the Gruissan floating offshore wind farm located in Southern France…
Energy industry logistics provider Peterson said Tuesday that Sarah Moore would succeed Erwin Kooij as CEO, after he retires on January 1, 2022.Moore has been with Peterson since 2009, serving in a variety of key roles, including Innovation and Projects Director and…
Wind turbine maker Siemens Gamesa said Tuesday it had made the world’s first recyclable wind turbine blades at its blade factory in Aalborg, Denmark.'Wind power is one of the cornerstones in the quest to tackle the climate emergency. With more…
The last section of the Nord Stream 2 gas pipeline has been welded into place, its operator said on Monday, meaning the two long stretches of the pipe can now be joined to complete the Baltic subsea link.The $11 billion pipeline, which will double Russian gas exporter Gazprom's (GAZP…
Oil and gas company Chariot has signed a contract with offshore drilling firm Stena Drilling to use its Stena Don drilling rig for the Anchois gas appraisal well within the Lixus licence, offshore Morocco.Drilling operations are expected to…
ADNOC Drilling said on Monday it intended to list on the Abu Dhabi bourse, with its parent company Abu Dhabi National Oil Co (ADNOC) selling a minimum 7.5% stake in an initial public offering (IPO).This is the second public flotation of a company…
Australian oil and gas company Western Gas, the operator of the offshore Exploration Permit WA-519-P in W. Australia, has found a partner to fund part of the drilling costs for the Sasanof-1 offshore exploration well.The partner is the ASX-listed Global Oil and Gas Limited…
More than 80% of oil production in the Gulf of Mexico remains shut in after Hurricane Ida, a U.S. regulator said on Monday, more than a week after the storm made landfall and hit critical infrastructure in the region.Energy companies have been…
U.S. oil firm Talos Energy has filed notices of dispute to the Government of Mexico over decisions taken by Mexico's Ministry of Energy ('SENER'), which awarded the rights to the Zama offshore oil discovery to the Mexican national oil company Pemex…
Danish offshore vessel operator Maersk Supply Service has secured a one-year contract for its Maersk Connector cable laying vessel with Seaway 7, a renewables branch of offshore installation firm Subsea 7.Seaway 7, which is set to merge with vessel owner OHT…
Offshore drilling company Seadrill has moved a step closer to reaching bankruptcy emergence after the United States Bankruptcy Court for the Southern District of Texas approved the disclosure statement for the company's proposed plan of reorganization…