Oil producers U.S. Chevron, Italy's ENI and Colombia's Geopark are among the companies set to sign energy agreements in Venezuela as soon as Wednesday, three sources close to the preparations said.Other companies planning to ink agreements include power company GE Vernova…
bp has appointed Ian Tyler as Chair of the company following an extensive search process, including both internal and external candidates. He will assume the role immediately.Tyler joined the bp board as a non-executive director in April 2025 and was appointed Interim Chair on May 26…
Ørsted has celebrated the completion of major construction works for the 920MW Greater Changhua 2b and 4 offshore wind farms. Following the 900 MW Greater Changhua 1 and 2a offshore wind farms that came into operation in 2024, this is Ørsted's second gigawatt-scale offshore wind project in Taiwan…
Helix Energy Solutions Group, Inc. and Hornbeck Offshore Services, Inc. have completed the previously announced combination in an all-stock transaction.The combined company has assumed the Hornbeck Offshore Services, Inc. name and will begin trading on the New York Stock Exchange on September 2…
Valeura Energy has announced that it intends to accelerate its Wassana field redevelopment project on block G10/48 (100% operated interest) in the offshore Gulf of Thailand.Dr. Sean Guest, President and CEO, commented: “Work on our new-build…
Finnish ship design house Deltamarin has joined forces with Barcelona-based engineering and vessel design office Offshoretronic in an Exclusive Engineering Consultant Agreement to develop what will be the world's largest jackup Monopile Installation Vessel (MPIV)…
U.S. oil company North American Blue Energy Partners will take over some oilfields previously controlled by several Chinese companies and a Russian firm, two U.S. officials told Reuters on Monday.The takeover will be part of a sweeping oil production…
Egypt expects the Damietta regasification vessel, which was damaged in a drone attack in July, to resume operations in the fourth quarter of the year.The damaged vessel did not impact Egypt's gas market, Petroleum Minister Karim Badawi said…
COLI Group has recently completed a six-month transport project for GE Vernova, moving 14 large power transformers from GE Vernova's Turkish factory to a job site in Poland supporting the Baltica 2 offshore wind farm. The cargo was shipped across three voyages on three separately chartered vessels…
Aker Solutions’ Board of Directors has appointed Paal Eikeseth as the company’s new President & CEO, with effect from September 1.Eikeseth is an experienced business leader with a strong track record in operational growth, performance improvement and transformation…
From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change…
An unprecedented deal for the U.S. to gain access to a fifth of Venezuela's oil reserves - and the central role a Venezuelan businessman will play - is prompting questions and hesitation from some oil companies evaluating potential investments in the country…
Tidewater Inc. has announced the completion of its acquisition of Wilson, Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively: WSUT), effective August 31, 2026.Quintin Kneen, Tidewater’s President and Chief Executive Officer…
U.S. President Donald Trump said Monday that ExxonMobil, the largest U.S. oil major, was among a group of companies planning to do business in Venezuela.Exxon declined to comment. Any entrance into the South American country would mark a stunning…
Wison New Energies has signed a collaboration agreement to integrate Shell’s Dual Mixed Refrigerant (DMR) liquefaction technology into Wison’s floating LNG (FLNG) offerings.Previously deployed only in Shell-equity projects, the technology will…