MODEC has executed a contract with Sumitomo Heavy Industries for the delivery of Gato do Mato floating production, storage and offloading (FPSO) unit for Shell, which will be deployed offshore Brazil.MODEC and Sumitomo Heavy Industries signed…
Italian energy contractor Saipem has secured a $590 million contract by Eni in the U.K. for the Liverpool Bay carbon capture and storage (CCS) project.The contract the course of three years, required to complete the project, which reached financial close earlier in April…
The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it expects can boost U.S. oil output.President Donald…
The Dutch government said on Friday it would commit 639 million euros ($726 million) to the construction of the country's largest carbon capture and storage project, after TotalEnergies and Shell withdrew part of their planned investments.The…
GLO Marine and VMS Group Denmark have secured a multi-vessel retrofit work for offshore support vessel operator Tidewater, expanding their role in the offshore energy sector.Covering 16 vessels across three continents, including several in U…
Dutch offshore installation firm Van Oord has introduced Jet-It as the latest unit to join its trencher fleet, following the completion of a test campaign in the North Sea.Building on the expertise gained from its previous trenchers, Dig-It and Deep Dig-It…
Top oilfield services provider SLB missed estimates for first-quarter profit on Friday, as weaker Latin American demand dragged on its international business, and the company warned of a potential industry-wide shift due to economic uncertainty…
The first wind turbine for 960 MW He Dreiht offshore wind farm, Germany’s largest offshore wind farm currently under construction, has been installed in the North Sea.He Dreiht is being built roughly 85 kilometers northwest of Borkum and about 110 kilometers west of Helgoland…
The trial of AI-powered vision systems to monitor bird movement at offshore wind farm, conducted by Spoor AI, Vattenfall, and the British Trust of Ornithology, has proved promising.The trial was conducted at Vattenfall’s Aberdeen Bay Offshore Wind Farm…
The North Sea Transition Authority (NSTA) has agreed to extend Centrica Offshore UK’s consent to operate the Rough gas storage site, off the east coast of England in the Southern North Sea.The extension runs until April 30, 2026, and enables Rough to continue to support the U…
Brazilian oil and gas firm Brava Energia has appointed Carlos José do Nascimento to the position of Offshore Operations Officer.Travassos holds a degree in Mechanical Engineering and a postgraduate degree in Business Management in Oil and Gas and Renewable Energy…
Chevron is considering drilling an exploration well in the Walvis Basin off the coast of Namibia in 2026 or 2027, the U.S. oil major said on Thursday.Chevron Namibia Exploration Limited said it is maturing its prospect portfolio offshore Namibia…
RWE has stopped its U.S. offshore wind activities for now in light of regulatory uncertainty under the administration of President Donald Trump, its CEO said in a speech manuscript published ahead of the utility's annual general meeting.The…
Oil giant Shell will pull out of three offshore gas projects in Colombia's Caribbean, it owns together with Colombia's state-run oil company Ecopetrol, the groups said on Thursday.Shell had acquired a 50% operating stake in Col 5, Purple Angel and Fuerte Sur deepwater blocs in 2020…
Rhino Resources, the operator of the petroleum exploration license (PEL85), and its partners have found oil in the Capricornus 1-X well in Orange Basin, offshore Namibia.The Capricornus 1-X well, spudded on February 17, using Noble Corporation’s Noble Venturer drillship…
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