Offshore drilling rig contractor Maersk Drilling said on Thursday it saw some signs of market recovery as it reported that orders in the first quarter were at the highest level in more than three years.The company, which had already on Wednesday lifted its 2021 earnings guidance…
Engineering and construction services giant KBR has won a contract with Nigeria's UTM Offshore to support the development of Nigeria's first Floating Liquefied Natural Gas (FLNG) facility.Acting as Owner's Engineers, KBR will be responsible…
For the next three months, three wind farm survey vessels will be busy in the Southern North Sea at the North Falls offshore wind farm site in the UK.North Falls, a proposed extension to the existing Greater Gabbard Offshore Wind Farm, is located…
Naval vessels and aircraft scoured the waters off India's west coast late on Wednesday after the most powerful cyclone in more than two decades battered the region, sinking an oilfield accommodation barge and killing 26 aboard, authorities said…
U.S. oil majors Exxon Mobil Corp and Chevron Corp on Thursday branded Australia's proposed industry-wide levy to cover the cost of decommissioning an offshore oil field, which neither has had any stake in, as 'arbitrary' and 'disappointing'…
German renewable energy giant RWE Renewables and UK-based National Grid, one of the world’s largest publicly listed utilities, on Thursday signed a partnership deal to jointly develop offshore wind projects in the coastal region of the Northeast U…
BP CEO Bernard Looney said on Wednesday that calls for lower investment in oil, gas from an International Energy Agency report the previous day are consistent with the company's strategy. Trillions of dollars will be spent rewriting earth's energy system which sets up business opportunities…
Wintershall DEA Norge, the operator of the production licence 211 in the Norwegian sea has made a gas/condensate and oil discovery at a well located about 12 kilometers north of the Dvalin field, and 270 kilometers north of Kristiansund, Norway…
Global energy transition is creating uncertainty for an estimated $14 trillion worth of oil and gas assets that have long depended on an indefinite rise in demand to offset risks despite a pandemic boost this year, consultancy Wood Mackenzie said on Thursday…
Salvage crews have removed all diesel fuel from the tanks of capsized liftboat Seacor Power in the Gulf of Mexico, the U.S. Coast Guard said on Wednesday.Salvors removed approximately 20,363 gallons of diesel fuel from the overturned vessel using the hot tapping method…
Through a joint venture firm with Shapoorji Pallonji, Malaysian floating production vessel company Bumi Armada has struck a deal to set up and operate a floating storage regasification unit (FSRU) in Mumbai Harbour.SP Armada Clean Energy Ventures Private Limited (SPACEVPL)…
Norwegian carbon tech company Horisont Energi and oil and gas group Equinor are to team up to develop a 100 million tonne carbon capture and storage project in Norway's Arctic.Carbon capture and storage has been cited by governments, energy…
Experts are advising the UK subsea industry to act now and take advantage of the energy transition, warning that the journey to net-zero is already underway and businesses must keep up with the required change of speed.Subsea UK, the country's subsea services industry association…
The giant offshore substation topside being built for the Saint Brieuc offshore wind farm in France was recently moved out at Engie Solutions yard in Hoboken, Antwerp, Belgium, and Engie Solutions was kind enough to share the photos and the video of the operation with Offshore Engineer…
Asian energy officials on Wednesday disputed the International Energy Agency's (IEA) call for no new oil, natural gas and coal investments for the world to be able to reach net-zero carbon emissions by 2050, viewing that approach as too narrow…
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