Oilfield Service Professionals (OSP), a provider of oilfield technology and service solutions related to well construction, downhole interventions, and decommissioning, has entered a strategic global technology alliance with Alpha Oil Tools…
The U.S. Department of Energy has made its largest ever investment in marine energy, making $112.5 million available for the commercialization of wave energy technologies.This five-year investment is expected to significantly accelerate the design…
U.S. offshore oil producers were taking initial steps ahead of a storm predicted to become a hurricane in the middle of the week, evacuating non-essential staff from Gulf of Mexico production platforms.The U.S. National Hurricane Center said…
Thailand’s state-owned oil and gas company PTT Exploration and Production (PTTEP) has divested its entire interest in Mexico Block 29, located in deep waters of the Salina Basin offshore Mexico, to the operator Repsol, which has increased its working interest in the block to 46…
McDermott and BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production aboard a floating production storage and offloading (FPSO) facility.The strategic partnership aims…
SLB and Aramco have signed an agreement with the aim of co-developing, commercializing, and utilizing digital solutions to help mitigate greenhouse gas (GHG) emissions in industrial sectors.The agreement between SLB and Aramco establishes a…
Offshore drilling contractor Seadrill has entered into non-exclusive collaborative relationship with Oil States International aimed at increasing the safety and efficiency of offshore Managed Pressure Drilling (MPD) operations.The strategic…
About 6% of crude production and 10% of natural gas output in the U.S. Gulf of Mexico were offline in the aftermath of Hurricane Francine, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said on Tuesday.There were 101,778 barrels…
Chevron CEO Michael Wirth on Tuesday criticized U.S. President Joe Biden's administration for what he described as 'attacks on the natural gas” industry and emphasized the crucial role of Permian natural gas in powering the rapid growth of artificial intelligence (AI)…
More than 12% of crude production and 16% of natural gas output in the U.S. Gulf of Mexico were offline in the aftermath of Hurricane Francine, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said on Monday.There were 213,204…
The U.S. Interior Department on Monday announced an offshore wind energy lease sale on Oct. 29 for eight areas on the Outer Continental Shelf off Massachusetts, New Hampshire and Maine.If fully developed, these areas have a potential capacity of about 13 gigawatts of clean offshore wind energy…
U.S. Gulf of Mexico energy firms on Friday were lumbering back from hurricane disruptions as offshore oil and gas producers ramped up operations after halving the key energy region's output, ports reopened, and onshore terminals accepted oil and liquefied natural gas (LNG) tankers…
U.S. Gulf of Mexico oil producers on Thursday were conducting safety checks and preparing to restart some output after Hurricane Francine disrupted operations, while a Louisiana oil refinery ramped up production and export ports reopened.Francine…
More than half of specialized foundation components for the 924 MW Sunrise Wind project have already been built, as the construction for the New York’s largest offshore wind farm continues at Port of Coeymans Assembly Hub.The developer of the project…
Offshore accommodation rig provider Prosafe has informed that its Safe Concordia semi-submersible flotel will remain in the U.S. Gulf of Mexico for additional four months as part of $13.1 million charter extension.The charterer of the Safe Concordia…