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Activists Board Arctic Drilling Rig

Apr 29, 2019

Greenpeace activists on Monday climbed aboard a Seadrill drilling rig commissioned by Equinor in protest against oil and gas drilling in the Norwegian Arctic, the group told Reuters.Four activists climbed aboard the West Hercules rig, the organisation said…

Ichthys Ramps Up Output

Apr 29, 2019

A tanker carrying liquefied natural gas (LNG) has been floating off Australian waters for nearly two weeks as production at Ichthys project ramps up, industry sources told Reuters.The tanker 'Symphonic Breeze' has been moored at Darwin anchorage…

Anadarko to Resume Talks with Occidental

Apr 29, 2019

Anadarko Petroleum Corp said on Monday it planned to resume talks with Occidental Petroleum Corp over its $38 billion bid, putting pressure on Chevron Corp to raise its $33 billion offer for the oil and gas producer.Anadarko said its board had…

Taiwan Offshore Wind Market to Reach 5.5 GW by 2025

Apr 29, 2019

With significant growth in recent years, Taiwan’s offshore wind market is expected to continue to continually grow, with a goal of achieving 5.5 GW of installed capacity by 2025, said Global Wind Energy Council (GWEC).Wind energy growth in Taiwan…

Van Oord Completes Belgium’s Largest Offshore Wind Farm

Apr 29, 2019

Dutch maritime contracting company Royal Van Oord successfully  installed the last of the in total 44 wind turbines of the Norther offshore wind farm.Achieving this milestone and already delivering renewable energy makes an important contribution to the energy transition…

DEME, Equinor Pact for Hywind Tampen Study

Apr 29, 2019

Dredging, environmental and marine engineering group DEME has signed an agreement with Norwegian energy company Equinor to study floating concrete substructures for the groundbreaking Hywind Tampen floating wind farm.The scope of the front-end…

Alewijnse Marine Bags Windcat Order

Apr 29, 2019

The marine technology player Alewijnse Marine has extended its successful partnership with Dutch shipyard Dok and Scheepsbouw Woudsend and offshore services provider Windcat Workboats with an order for the full electrical outfitting of the offshore crew transfer vessels (CTVs) Windcat 45 and 46…

Chevron, Anadarko Launch Integration Planning

Apr 26, 2019

Chevron Corp on Friday pushed back at the potential for a rival to break up its $33 billion deal for Anadarko Petroleum Corp, saying the two companies had already begun meetings on a merger plan.Occidental Petroleum last Thursday sought to scuttle the proposed deal…

Chevron Profit Falls 27%

Apr 26, 2019

Chevron Corp's first-quarter profit fell 27 percent from a year earlier due to lower crude oil prices and weaker margins in its refining and chemicals businesses, but topped forecasts and signaled it is committed to buying smaller rival Anadarko Petroleum Corp…

Exxon Eyes Brazil Transfer-of-rights Area

Apr 26, 2019

ExxonMobil Corp is studying a possible purchase of production rights in Brazil's so-called transfer-of-rights area - one of the world’s most promising offshore oil areas - although no decision has yet been made on the matter, an executive said on Friday…

Total Profits Take a Hit

Apr 26, 2019

French energy major Total said its net profit for the first three months of the year fell 4 percent to $2.8 billion compared with a year ago due to volatile oil prices and debt costs, despite record oil and gas output.The firm kept its investments…

ExxonMobil Misses Q1 Profit Estimates

Apr 26, 2019

Exxon Mobil Corp on Friday reported a 49 percent fall in first-quarter profit that missed forecasts due to weakness across its major businesses that showed the turnaround at the company remains a work in progress.The largest U.S. oil producer…

New Jackup Delivered to EnscoRowan

Apr 26, 2019

Singapore-based rig builder Keppel FELS announced Friday it has delivered a new jackup rig to EnscoRowan. The US based driller, the product of a recent merger between Ensco and Rowan, has a contract to deploy the rig in the UK North Sea.The…

TechnipFMC: New Orders Signal Return to Growth

Apr 26, 2019

Oil services company TechnipFMC's saw a slump in revenue and net income in the first quarter, missing expectations but said it had returned to growth as it booked $6.2 billion in orders, the highest since the last quarter of 2014.The company…

Aker BP's Q1 Operating Profit Lags

Apr 26, 2019

Norway's Aker BP, an oil firm partly owned by BP, posted on Friday a bigger than expected fall in operating earnings in first quarter, after impairments in the Ula area of the North Sea and higher exploration costs.Chief Executive Karl Johnny…

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