Williams (NYSE: WMB) reached an agreement with Shell Offshore Inc. and Chevron U.S.A. Inc. to provide offshore natural gas gathering and crude oil transportation services as well as onshore natural gas processing services for the Whale development…
Guyana received bids from 15 different companies aiming to market the government's share of the crude produced off the South American country's coast, according to Guyana's National Procurement and Tender Board Administration website on Wednesday…
Oil and gas services company SBM Offshore on Thursday reported a better than expected decline in core profit for the first half of 2021 as it looks to develop floating offshore wind projects.After reducing spending sharply in the face of a pandemic-induced demand collapse…
TSC Subsea has designed a new ROV-deployed automated scanning tool that addresses the issue of carrying out tight access field joint inspection through difficult to penetrate pipeline coating.The ARTEMIS vCompact, a smaller, lightweight, more-flexible version of the standard ARTEMIS…
A group of Democratic U.S. senators on Wednesday unveiled legislation establishing a $500 billion fund to be financed by Big Oil and other 'carbon polluters' that they hope to attach to broader climate control legislation expected later this year…
A new ship-to-ship cargo transfer system has been developed and patented by SafeSTS for the Dynamic Positioning (DP) shuttle tankers sector, designed to increase flexibility and efficiency for the export of oil from offshore fields.Traditionally…
Oceaneering International, Inc. announced its Integrity Management and Digital Solutions (IMDS) segment has won a new multi-year contract in Papua New Guinea (PNG) with a major operator.The contract is for a duration of three years plus two one-year extensions…
The National Oceanic and Atmospheric Administration (NOAA) on Wednesday revised upward its outlook for the 2021 Atlantic hurricane season, estimating there was a 65% chance of an above-normal season compared with a previous report that called for a 60% chance…
Costa Rican lawmakers this week will discuss a bill to permanently ban fossil fuel exploration and extraction, a move that would prevent future governments from pivoting on the issue as the popular eco-tourism destination country aims to decarbonize by 2050…
Underwater pipeline repair is an unavoidable and also fairly intensive activity within the offshore industry. There’s a lot of it on the seabed, some of it is old and/or subject to corrosive substances and even damage by anchor or trawler gear…
On August 4, 2021, the topside of the normally unmanned wellhead platform for the Hod field was transported from Aker Solutions in Verdal to the Aker BP operated field. Hod B is the second project delivered by Aker BP’s alliance for delivery of fixed platforms…
EnerMech announced that Daniel McCarthy has joined the company as its strategic proposals director to help accelerate its planned growth across the business.McCarthy started his 18-year career in the oil and gas, engineering and construction sector at Kentz…
Siemens Energy cranked up the pressure on wind turbine division Siemens Gamesa on Wednesday, saying it was 'extremely annoying' that it was having to reduce its profit outlook as a result of the Spanish-listed unit.The comments from CEO Christian…
Marine seismic survey firm Magseis Fairfield said it has been awarded a multi-client ocean bottom node (OBN) survey in the North Sea.The survey, which is expected to require approximately two months to complete starting from the third quarter of 2021…
ConocoPhillips on Tuesday posted a second-quarter profit that nearly doubled from the first and topped analysts estimates, helped by higher oil and gas prices and production.A recovery in fuel demand from a pandemic-forced slump has boosted globally-traded crude prices to over $70…