Chevron Corp's first-quarter profit nearly quadrupled from the same period a year ago, easily surpassing Wall Street's forecasts as oil and gas prices surged following Russia's invasion of Ukraine.The second-largest U.S. oil producer on Friday posted adjusted earnings of $6…
Work on the Baltic Pipe project in the North Sea has been completed, and the pipeline is ready to ship Norwegian gas to Denmark, info on the project's website shows.Baltic Pipe is a strategic EU infrastructure project led by Danish and Polish…
Malaysian oil and gas company Petronas has withdrawn from Blocks M12, M13, and M14 located in the Yetagun field, offshore Myanmar.'The decision was made following a thorough techno-commercial review in alignment with Petronas' asset rationalization…
Following the winter break, works have restarted on the construction of the Yunlin offshore wind farm in Taiwan.The UAE-based National Petroleum Construction Company (NPCC) will bring the heavy lift vessel DLS 4200 as their fleet’s flagship from Abu Dhabi into Taiwanese waters for the work…
BASF said it has given up efforts to separately list its oil and gas business Wintershall Dea via an initial public offering (IPO) for now due to the joint-venture's exposure in Russia.'We want to list the company on the stock exchange. Wintershall…
Dutch heavy lifting and transportation company Mammoet in February said it was investigating a possible violation of its intellectual property rights by Dutch crane maker Huisman and Danish crane specialist BMS.'The investigation concerns the recently announced series of land cranes…
Gulf Marine Services, a provider of jack-up support vessels for the global energy industry, said Friday it had won a two-year contract for one of its K-Class (smaller) vessels.The contract with an unnamed National Oil Company in the MENA region…
Oil and gas company ONE-Dyas has exercised an option to continue using the Maersk Resolute, a harsh environment jack-up drilling rig, in the Dutch sector of the North Sea. The one-well contract extension for the Maersk Drilling-owned rig is set to begin in May 2022 and will last for 75 days…
Whether we realize it or not, robotics and robotics systems are starting to impact our daily lives. From warehouse picking systems through to high-end medical devices through to your mowbot lawnmower. Each tends to be specialized to its own…
BP’s latest floating production facility, ARGOS, has been successfully moored in the US Gulf of Mexico. The mooring tensioning system includes Bardex Corporation Chain Jacks used to haul in and tighten 12 lines of 171mm R4S top chain. Bardex…
Greensea appointed Rob Howard as Chief Growth Officer. Currently Howard is VP Growth & Strategy for Greensea’s sister company Armach Robotics, and Howard’s appointment to Greensea in this newly created role will ensure the company is able to…
Norwegian offshore shipping company Havila Shipping has agreed to sell platform supply vessels Havila Aurora and Havila Fortune for an undisclosed sum.Havila Aurora was delivered on Thursday to the buyer, which Havila did not identify. Havila…
Brazilian oil and gas company Petrobras has signed production sharing contracts with its partners for the Atapu and Sépia oil fields, offshore Brazil.For Atapu, the PSCs were signed with Shell (25%) and Total Energies (22,5%). For Sépia, PSCs were signed with TotalEnergies (28%)…
British utility SSE and green power firm Brookfield Renewable will work together in preparing bids for the Dutch 1.4 gigawatt (GW) Hollandse Kust (west) offshore wind farm zone tenders, they said on Wednesday.The 50/50 strategic partnership seeks to combine SSE Renewables' expertise in developing…
Finland's Wartsila, a top global marine and energy equipment maker, posted first-quarter earnings roughly in line with expectations on Thursday, citing increased uncertainty in demand and supply in its end markets.Wartsila said its comparable operating profit increased 61% to 65 million euros ($68…
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