Louisiana-based Cheramie Marine's offshore support vessel (OSV) Mary Cheramie has been refitted with a pair of new Mitsubishi engines, power solutions provider Laborde Products announced.The vessel's two new Mitsubishi Tier 3 S12R engines, each delivering 1…
The United States is advancing plans for a second regional offshore wind energy auction in the Central Atlantic.On Wednesday, the Interior Department's Bureau of Ocean Energy Management (BOEM) announced it will issue a Call for Information and Nominations for the Central Atlantic 2 sale…
Seas Geosciences announced a multi-year agreement with Britoil Offshore Services (Britoil) to charter and convert the platform supply vessel (PSV) BOS Princess into a geotechnical drilling vessel that will be available to the market starting in January 2025…
FourPhase, a specialist in solids and production performance for the oil and gas industry, announced it has secured three new or extended service contracts with international operators, reinforcing its role in maintaining sand-producing wells…
U.S.-based supermajor Chevron announced it has been awarded a greenhouse gas (GHG) assessment permit offshore Western Australia.The G-18-AP permit is offshore from Onslow, Western Australia and covers an area of approximately 8,467 km2 with water depths of 50-1100m…
Egypt plans to return oil and gas production to normal levels from 2025 with the help of international partners, Prime Minister Mostafa Madbouly said in a press conference on Thursday.The North African country had aimed to become a regional…
In the next few weeks, Saudi Arabia and its OPEC⁺ allies must take a delicate decision about whether to proceed with planned production increases from October, or postpone them because of an uncertain economic outlook.The recent slides in front-month Brent futures prices…
Izomax scored a milestone frame agreement with Shell, a deal that will enable Shell to leverage Izomax's patented AOGV technology to reinvent plant maintenance procedures.The three-year frame agreement allows Shell to fulfill ambitions for…
The safe, timely and cost-efficient decommissioning of offshore infrastructure is one of the big challenges faced by the oil & gas sector. We estimate that the liability currently stands at over $300 billion (real terms), and this will only…
Britain's decision to issue dozens of new oil and gas exploration licences is being challenged in court by a marine conservation organization, which argues ministers unlawfully failed to consider the impact on marine life.Oceana UK is taking…
Oil prices edged lower for a fifth session on Thursday as investors worried about the global demand outlook, however a decline in U.S. fuel inventories limited declines.Brent crude futures LCOc1 slipped 2 cents to $76.03 a barrel, while U.S…
Sentinel Subsea has deployed monitoring systems in Australia to support the decommissioning of subsea assets for a major client in collaboration with Baker Hughes.Two of the company’s passive subsea integrity monitoring systems, WellSentinel™ Coral…
Offshore drilling contractor Northern Ocean announced it has appointed Arne Jacobsen as its new chief executive officer.Jacobsen was previously the CEO of Orion, a joint venture between Hayfin Capital and Transocean, and has experience as a…
Norwegian oil and gas companies should boost investments in exploration and production to slow an expected decline in the country's output in the coming years, the national petroleum industry regulator said in a resource report on Wednesday…
Denmark will delay by at least three more years construction of a planned North Sea energy island to supply renewable power to three million European households, a government minister said on Wednesday, citing rising costs and high interest rates…