Italian offshore energy services firm Saipem, in consortium with PT Meindo Elang Indah, has secured engineering, procurement, construction and installation (EPCI) contract from BP for its integrated gas recovery and carbon capture, utilization and storage (CCUS) project in Indonesia…
TotalEnergies has paused development of a wind farm off the coast of New York after Donald Trump's U.S. election victory, the French company's CEO said on Tuesday.The French energy group formed a joint venture in October 2023 for development…
Chet Morrison Contractors, on behalf of floating wind startup Aikido Technologies, has performed the final structural assembly of Aikido One floating wind platform in less than 40 working hours, establishing a new standard in the industrialization of floating platforms…
Brava Energia has signed contracts, worth approximately $200 million, for the integrated campaign in Atlanta and Papa-Terra fields, with an option to develop Malombe through a tieback to Peroa, offshore Brazil.The campaign will begin in the fourth quarter of 2025…
Energy and marine consultancy ABL, a subsidiary of ABL Group ASA, has been awarded a sizeable contract to provide marine warranty survey (MWS) services to support the offshore construction of Iberdrola’s 315 MW Windanker offshore wind farm, offshore Germany…
Lighting solutions specialist Glamox has secured contracts to provide around 5,000 energy-efficient marine LED lights for new oil and gas platforms being built for the Yggdrasil and Valhall PWP-Fenris developments in the North Sea.The contracts include around 4…
TotalEnergies is seeking environmental authorisation to drill up to seven exploration wells in the southern part of its Deep Water Orange Basin (DWOB) block off the west coast of South Africa, documents from environmental consultants SLR showed on Tuesday…
U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said.'We're not going to see anybody in 'drill, baby…
Australia's Woodside Energy shut down its Pluto LNG processing plant on Monday due to a fault in the facility's control system, a company spokesperson said on Tuesday.The spokesperson had said in an earlier statement, also issued on Tuesday…
Canadian oil and gas exploration company Africa Energy has formally become the operator of Block 11B/12B offshore South Africa, following the withdrawal of three partners from the development.Africa Energy assumed operatorship of the block through its investment in Main Street 1549…
Offshore seismic services firm Shearwater Geoservices has secured a contract with the Oil and Natural Gas Corporation Limited (ONGC) for a large 3D seismic survey off the east coast of India.The high-capacity Oceanic Sirius vessel will carry out the survey…
Seatrium Letourneau USA and Cochin Shipyard Limited (CSL) have entered into a memorandum of understanding (MoU) to jointly design and supply critical equipment for jack-up rigs for the Indian market.Leveraging CSL’s extensive experience in ship…
U.S. oil and gas company ConocoPhillips has completed the acquisition of Marathon Oil Corporation in a $22.5 billion takeover deal.The $22.5 billion acquisition was first announced in May 2024 as an all-stock transaction, which includes $5.4 billion of Marathon's debt…
The North Sea Transition Authority (NSTA) has issued its highest-ever fine of $440,000 (£350,000) on Repsol North Sea (RNS) for behavior that led to a shut-in at the Flyndre field and hampered economic recovery of petroleum.The Fulmar facility in the Central North Sea…
Offshore drilling contractor Constellation has secured a $130 million contract with Brava Energia for its Lone Star ultra-deepwater semi-submersible rig for work offshore Brazil.The contract is for a firm term of 400 days, with a 60-days priced option which…
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