Two leading French NGOs plan to take legal action against TotalEnergies over possible human rights abuses unless it cuts its business ties with Russia following the country's invasion of Ukraine, they said in a letter to the energy major's CEO…
Thai oil and gas giant PTT Exploration and Production Pcl said on Monday it would take over operations of the Yadana gas field in Myanmar from July following the exit of France's TotalEnergies.Oil majors Chevron and TotalEnergies in January…
Petroecuador, Ecuador's state-owned oil company, on Friday said it will look to double production to 800,000 barrels of oil equivalent per day (boed) in the next five years, which will need private sector investment worth some $12 billion.To achieve the goal…
U.S. based offshore vessel owner Bordelon Marine said it has signed a one-year firm charter agreement with Helix Robotics Solutions, the U.S. robotics division of Helix Energy Solutions Group, for the Shelia Bordelon, a 260-foot DP2 Jones-Act-compliant ultra-light intervention vessel…
French autonomous robotics companies ECA Group and iXblue have entered an exclusive negotiations period to bring the two French companies together and merge, and create 'a European high-tech industrial champion in the fields of maritime, inertial navigation…
Norwegian offshore support vessel owner Siem Offshore said Monday a Brazilian court had ruled in favor of Petrobras in a case related to a late vessel delivery in 2015.'Siem Offshore do Brasil has been notified of the final unfavorable decision…
Edda Wind's new commissioning service operation vessel (CSOV) was named Edda Breeze during a ceremony at Astilleros Gondan Shipyard in Spain, on Saturday.The purpose-built CSOV is designed for emissions-free operations with a hydrogen-based propulsion system…
UK Prime Minister Boris Johnson hosted a meeting with leaders of the UK offshore oil and gas industry on Monday to discuss energy security and investment in the North Sea, his spokesman said.'We've been clear that the energy firms, these suppliers…
Empyrean said Friday it had secured a rig slot for the use of the COSL NH9 semi-submersible drilling for the drilling of Empyrean's Jade offshore well offshore China. Empyrean has described the Jade prospect as 'one of the most exciting wells to be drilled globally in 2022…
The America Bureau of Shipping (ABS), one of the world's largest ship classification societies, is withdrawing all class services involving Russian vessels, assets and companies, over the Russian invasion of Ukraine.'After careful consideration…
A Valaris drillship hit the Akti bulk carrier ship on Saturday, after breaking free its moorings near the VT Halter Shipyards and Chevron docks in Pascagoula, Mississippi. At around 1:30 a.m. Saturday, Coast Guard Sector Mobile watchstanders…
After it last month said it would recycle its FPSO BW Cidade de São Vicente, FPSO owner BW Offshore has now agreed to sell another FPSO for scrap, this time the FPSO Umuroa.The company said Monday it had signed an agreement to recycle the FPSO…
Germany should rethink its ban on allowing new drilling for oil and gas in the North Sea as it tries to reduce its dependence on Russian energy due to the invasion of Ukraine, Finance Minister Christian Lindner said on Sunday.Under the coalition…
International Energy Agency (IEA) chief Fatih Birol on Monday urged oil-producing countries to pump more to stabilize markets affected by the war in Ukraine.After an initial release of 62 million barrels, the IEA would make further releases if 'conditions stay or worsen'…
Singapore-based shipbuilding company Strategic Marine has delivered two crew transfer vessels (CTVs) to the UK-based offshore support vessel company WEM Marine Ltd. The new 27m vessels, built to the Stratcat 26 design, are the very first CTVs…
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