Exxon Mobil has begun negotiations with the Trinidad and Tobago government to explore for oil and gas in up to seven deepwater blocks off the East Coast of the Caribbean country, which the top U.S. oil producer left more than two decades ago…
Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: where its growth will come from beyond the next few years.On Friday, the U.S. oil producer closed its $55-billion acquisition…
Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.Shares of Chevron were up 3.6% in premarket trading…
HSM Offshore Energy has completed the buildout and delivery oof the Thor offshore high voltage substation (OHVS) for RWE’s Thor offshore wind farm in Denmark.The completed yard constructed and delivery marked the achievement of three major milestones - the load-out of the jacket…
SBM Offshore’s Jaguar floating production, storage and offloading (FPSO) unit, bound for deployment at ExxonMobil’s field off Guyana, has entered the drydock at Seatrium yard in Singapore.The drydocking represents a major new forward in the delivery of the FPSO…
NYU Tandon School of Engineering, in partnership with Equinor, National Offshore Wind R&D Consortium (NOWRDC) and New York City Economic Development Corporation (NYCEDC), announced its selection of the 2025 annual cohort of companies that will…
DNV, the independent energy expert and assurance provider, has been awarded a contract by offshore wind developer Ventyr for the Design Certification of the Sørlige Nordsjø II wind turbines and offshore substation, Norway’s first bottom-fixed offshore wind farm…
U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil firm Staatsolie said on Tuesday, adding the block would now return to Staatsolie.'Hess has fulfilled its minimum work…
The Rotra Futura Roll-on/Roll-off (RoRo) vessel has entered operations, with the transportation of wind turbine blades from Denmark to the United States.The project supply vessel, specifically designed to handle larger and heavier offshore wind turbine components…
The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the matter.The ruling will determine whether Chevron can move forward with its $53 billion planned acquisition of Hess…
The Danish Energy Agency (DEA) has extended the production permits for the Nysted and Middelgrunden offshore wind farms, enabling the projects to continue producing electricity for 10 and 25 more years, respectively.These are two of the oldest offshore wind farms in Denmark…
Sierra Leone will wait for the results of a recently-launched offshore 3D seismic survey, its first in over a decade, ahead of potentially opening its next oil and gas licensing round later this year, a senior government official said on Thursday…
The first crude cargo from Guyana's fourth oil production facility, which arrived in the country in April and is being installed, is set to be exported between late August and early September, the government told Reuters on Tuesday.A consortium by U…
BlueNord, the partner in the Tyra II project along with TotalEnergies and Nordsøfonden, has informed that the completion test at the Tyra II gas project in the North Sea has been successfully met.Based on demonstrated achieved production, and oil production above expectations…
RWE and Norges Bank Investment Management (NBIM) have closed the transaction, where NBIM acquired 49% equity stake in RWE’s 1.6 GW Nordseecluster and 1.1 GW Thor offshore wind projects.As part of the transaction, first announced in March and valued at approximately $1…
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