ExxonMobil has assumed ownership of the Prosperity floating, production, storage and offloading (FPSO) unit from SBM Offshore, operating at Payara, Guyana’s third offshore oil development on the Stabroek Block.ExxonMobil, through its affiliate ExxonMobil Guyana…
Angola intends to replicate its maiden multi-year licensing round for oil and gas acreage from 2026, a senior government energy official said on Thursday, as the country looks to boost production and investment.The first multi-year auction for 50 onshore and offshore blocks was for 2019-2025…
Vårgrønn, a joint venture between Eni’s Plenitude and HitecVision, has entered into an agreement to acquire a 27.4% stake in the operational Baltic 2 offshore wind farm in Germany from PGGM Infrastructure Fund.Following the closing of the deal…
Exxon Mobil is expecting the first liquefied natural gas (LNG) output from its project in Mozambique in 2030, a company executive said on Thursday.Exxon along with partners including Eni and China's CNPC are developing an LNG project in northern Mozambique…
Equinor has signed an agreement to acquire Sval Energi’s 11.8% share in the Halten East Unit, increasing its ownership to 69.5%.Halten East is an ongoing offshore development located in the Kristin-Åsgård area in the Norwegian Sea.The development comprises six gas discoveries and three prospects…
Donald Trump's return to the White House will refocus the nation's energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday's presidential elections is unlikely to dramatically slow the U…
Oil and gas producers began shutting in U.S. Gulf of Mexico output and pulling workers off platforms on Tuesday ahead of a late hurricane season storm threatening offshore fields.The U.S. National Hurricane Center warned of steady to rapid intensification over the next 24 to 36 hours…
BlueFloat Energy’s Gippsland Dawn offshore wind project has been granted Major Project Status (MPS) by the Australian Government, one of 16 diverse projects nationwide to receive this recognition and only the second offshore wind projects being developed to hold this status…
Seaway7, part of the Subsea7 Group, has secured a ‘substantial’ contract from ScottishPower Renewables for the transport and installation of the inter-array cables of the East Anglia TWO offshore wind project.Seaway7’s scope of work for East Anglia TWO includes the engineering…
Measurement instruments and intelligence services company Vaisala has acquired UK-based software, weather monitoring systems and services company Nevis Technology, expanding its offer to offshore wind industry.The acquisition enables Vaisala…
Norwegian company Akastor has signed an agreement for the transfer of all of Mitsui’s interests in AKOFS Offshore, a provider of vessel-based subsea well construction and intervention services, for $22.5 million.The agreement is entered into…
Singapore-based shipbuilder Strategic Marine has secured an order for a next-generation crew transfer vessel (CTV) from OEG Renewables, part of the OEG Energy Group, destined to operate in Taiwan.The vessel, named Wey Feng, will be the fourth…
Mammoet has completed the load-in of the last and heaviest of the Brent oil and gas field topsides, Brent Charlie, which has been skidded onto the quayside for decommissioning operation.The Brent field, one of the largest oil and gas fields in the North Sea…
Orkney-based marine services firm Green Marine UK has expanded its environmental monitoring offering for offshore wind to deliver ‘full-scope’ projects following a surge in contracts with Scotland's Marine Directorate.This follows 18-months of continuous work…
Danish firm Cadeler has signed firm contracts, valued up to $415 million, for the transport and installation of turbines and foundations for East Anglia TWO offshore wind farm, being developed by ScottishPower Renewables, part of Iberdrola Group…