October saw the first offshore construction activity for a commercial scale U.S. offshore wind farm. Two cable layers have commenced the laying of Vineyard Wind’s export cable. This important milestone was also accompanied by complaints around…
The United Arab Emirates will be a responsible supplier of oil and gas for as long as the world needs, its President Sheikh Mohammed bin Zayed al-Nahyan said on Monday at the start of two weeks of climate talks in Egypt.He added the Gulf nation…
Offshore Engineer's Gary Lewis was at ADIPEC in Abu Dhabi last week, where he interviewed Peter Harding, the founder and CEO of Kelvin, a collaborative control software company that says it helps its clients reduce their carbon emissions significantly…
Floating wind developer BlueFloat Energy has selected K2 Management as owner's engineer for the development of its first offshore floating wind project in Taiwan ahead of the upcoming round three market auction.With a planned capacity of 1 GW…
Brazilian oil company Enauta said Monday that production from its Atlanta offshore field in Brazil had been interrupted.'The initial assessment is that this is an operational problem on the surface. The current production of the field is 7,500 bbl/day…
Malaysia's Velesto Energy has secured a $135 million integrated rig, drilling, and completion services deal with Hess Corp. in Malaysia.The i-RDC is a concept in which integration of drilling rig services, equipment and in some cases procurement…
In late 2016, to avoid racking up fines for burning too much natural gas, Mexico's state oil company Pemex struck a deal with the regulator to invest over $3 billion to fix its flaring problem at its most productive set of oil fields.But five years on…
A planned initial public offering of North Sea oil and gas producer Ithaca Energy IPO is set to price at the lower end of the previously guided range, bookrunners on the deal said on Monday.The revised price guidance is for between 250 and 270 pence per share…
Norway's Aker Solutions has been awarded a frame agreement from Brazil's Petrobras and partners to provide subsea production systems (SPS) and subsea lifecycle services (SLS) for Petrobras-operated oil and gas fields offshore Brazil.The frame agreement has a fixed period of five years…
Italy's new government will expand concessions to drill for gas in the Adriatic, Prime Minister Giorgia Meloni said on Friday, in a drive to double Rome's output to 6 billion cubic meters per year and lower energy prices for firms.The measure…
Oil and gas company Energean said Monday it had made a commercial gas discovery at the Zeus- 01 prospect, in the Mediterranean Sea, offshore Israel. The company also said that contingent resources at Athena discovery, also in Israel, had been upgraded following post-well analysis…
Exxon Mobil Corp will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas field that have been idled since a 2015 pipeline spill.The sale comes after a failed bid this year to restart production…
Top oilfield services firm SLB will raise its quarterly dividend next year by 43% and resume a share buyback program, executives said on Thursday, offering an upbeat view of energy markets. Although annual revenues have fallen every year since 2019…
A consortium created in 2021 wants to build an offshore wind farm 22 kilometers off the coast of South Taranaki, New Zealand.The consortium, comprising BlueFloat Energy, Energy Estate and Elemental Group, says this is the first of its four offshore…
The Swiss-based operator of Russia-led Nord Stream 1 gas pipeline said on Wednesday it had completed initial data gathering at the location of the pipeline damage on line 1 in the Swedish exclusive economic zone and found 'technogenic craters'…