Maritime classification society ABS has granted its Approval in Principle for Damen Shipyard's Fast Crew Supplier 2710 crew transfer vessel aimed for deployment in the U.S. offshore wind industry.To achieve approval, Damen has modified the design of its standard FCS 2710 to meet the US requirements…
Delfin Midstream (“Delfin”) has informed that the FEED has been completed for the Newbuild FLNG Vessel for the Delfin LNG project offshore Louisiana, in cooperation with Samsung Heavy Industries and Black & Veatch.Delfin LNG project has been…
U.S. energy companies were returning workers and restarting operations at storm-swept production facilities along the U.S. Gulf Coast on Sunday, two days after Hurricane Delta barreled through the area.Chevron Corp, Royal Dutch Shell Plc and…
A report on Norwegian energy firm Equinor's loss-making investment in the United States detailed significant problems the state-controlled company should have dealt with faster, its chair and chief executive said on Friday.In June, Norway's…
Hurricane Delta raked across the Gulf of Mexico, halting most of the region's offshore oil output on Thursday after energy companies shut-in wells, pulled staff from offshore platforms and began securing coastal processing plants.The storm was about 370 miles (595 km) south of Cameron…
Oil prices rose on Thursday as oil workers evacuated rigs in the U.S. Gulf of Mexico ahead of Hurricane Delta, though fuel demand concerns persisted on fading chances for a U.S. economic stimulus deal and after a build in U.S. crude inventories…
Chevron’s market value leapfrogged that of Exxon Mobil for the first time on Wednesday during a week in which it closed a $4.1 billion, all-stock deal for Noble Energy, a smaller oil and gas producer.Chevron’s market cap ended the day around $142 billion…
The first batch of topside modules has been shipped for a floating production storage and offloading (FPSO) unit for Japan's MODEC, U.S.-based engineering and construction firm McDermott International said on Wednesday.The FPSO, named Miamte MV34…
Oil and gas workers withdrew en masse from offshore production facilities as Hurricane Delta grew into a powerful storm over the Caribbean on its way to the Gulf of Mexico.Delta's winds reached 145 miles per hour (235 kph) as the storm sped…
Energy companies were securing offshore production platforms and evacuating workers on Tuesday, some for the sixth time this year, as a major hurricane took aim at U.S. oil production in the Gulf of Mexico.Hurricane Delta, the 25th named storm of the 2020 Atlantic Hurricane season…
Energy companies on Monday began evacuating offshore oil platforms as the 25th named storm of the year formed in the Caribbean and was forecast to become a major hurricane before it entered the Gulf of Mexico and threatens the U.S. mainland…
Hempstead, Texas-based oil and gas equipment maker Logan Industries has been awarded a contract to manufacture a set of safety cages to keep offshore technicians safe while inspecting subsea connectors on blowout preventers (BOPs) while on deck…
U.S. oil major Chevron has completed the acquisition of its smaller rival Noble Energy, following the approval by Noble Energy shareholders.The proposed all-stock acquisition was initially announced in July, in what was at the time estimated to be a deal valued a $5 billion…
Oil and gas Kosmos Energy has closed a Gulf of Mexico loan facility with Beal Bank USA and Trafigura Trading LLC ('Trafigura').The company had in June entered into a crude oil prepayment agreement with commodities trader Trafigura for a portion of its production in the U…
Vineyard Wind, a company with plans to construct offshore wind farms in the U.S., has appointed Sy Oytan as Deputy Chief Executive Officer.Vineyard Wind is, a 50/50 joint venture between Avangrid Renewables and Copenhagen Infrastructure Partners…