Energy technology company Baker Hughes has launched a global Mature Assets Solutions (MAS) hub network aimed at helping oil and gas operators increase production efficiency, improve recovery and extend the life of existing fields.The network…
Wood Group offshore workers have started a fresh 48-hour strike affecting five Harbour Energy-operated platforms, with further industrial action planned later in November amid a dispute over pay and working conditions.The latest stoppage began on November 3 and is scheduled to end on November 4…
Shell on Thursday announced above-expectation net profit of $10.81 billion in the third quarter, its highest since 2022, and boosted its share buybacks on the back of stronger refining margins and higher liquefied natural gas prices.The US-Israeli war on Iran…
Germany's Economy Minister Katherina Reiche on Wednesday said companies may return previously auctioned offshore wind farm sites, provided they pay a penalty to transmission system operators, as mounting economic pressures continue to batter the sector…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 33/9-F-4 DH in production license 1214.Equinor operated the license with 17% working interest, along with partners Petoro with 30% stake…
SLB beat Wall Street estimates for third-quarter profit on Friday, supported by strong North American oilfield activity, while signaling recovery in parts of the Middle East following conflict-related disruptions.Repeated flare-ups in the US-Iran conflict…
BW Energy has secured $208 million in long-term lease financing for the Akoum wellhead platform (WHP) planned for its Bourdon oil field development offshore Gabon, alongside an 18-month extension of its $250 million corporate revolving credit facility…
Kongsberg Maritime has secured a contract with IWS Fleet, a subsidiary of Integrated Wind Solutions (IWS), to provide vessel design and integrated technology systems for four new commissioning service operation vessels (CSOVs) intended for offshore wind operations…
DOF Group ASA announced the award of a significant contract with a North Sea operator for a subsea decommissioning campaign.The contract scope includes project management, engineering, offshore execution and disposal services for the removal…
OEG has been awarded a contract by Ørsted to supply temporary power for the construction of the Hornsea 3 offshore wind farm, covering offshore converter station commissioning and wind turbine installation and commissioning activities.Under the contract…
RWE has completed the sale of its 33.33% stake in the 1.1 GW Five Estuaries offshore wind farm project in the U.K. to EDF power solutions UK and Ireland, with EDF taking over responsibility for leading the development on behalf of the joint venture partners…
Lamprell has signed an agreement with International Maritime Industries (IMI) to fabricate several offshore structures, including a production platform and jackets, at IMI's Ras Al-Khair facility in Saudi Arabia.The fabrication work forms part of an offshore engineering…
SLB has signed a 15-year agreement with TotalEnergies to deploy its DrillPlan digital well planning and engineering solutions across the energy company's global upstream portfolio.The agreement will support TotalEnergies' transition to a standardized digital planning environment…
Framo has signed a four-year agreement with Petrobras to inspect and maintain pumping systems across the Brazilian energy company's fleet of about 30 floating production, storage and offloading (FPSO) units, in what the Norwegian pump manufacturer…