French oil major TotalEnergies third-quarter profit hit a three-year low of $4.1 billion on Thursday, slightly missing expectations as refining margins and upstream outages dragged down earnings.Adjusted net income was down 37% from a year earlier and 12…
Shell reported on Thursday third-quarter profits of $6 billion that exceeded forecasts by 12% as higher liquefied natural gas (LNG) sales offset a sharp drop in oil refining and trading results.The results, together with a drop in debt and strong cash flow…
During the first half of this year, the number of cyber security high alerts remained stable compared to those handled in 2023, according to Marlink’s Security Operations Center (SOC) cyber security threats report.However, medium and low alerts saw a significant rise…
McDermott's heavy-lift and rigid pipelay vessel, the Derrick Lay Vessel 2000 (DLV2000), has been awarded the SUSTAIN-1 classification from the American Bureau of Shipping (ABS).This marks the first time a marine construction vessel in its class has achieved this sustainability certification…
Trident Energy has brought online the C-45 infill well at Ceiba field, part of Block G offshore Equatorial Guinea, which is already producing over 5,000 barrels of oil per day.The well first came Online on October 15, and according to Trident Energy…
When damaged yaw brake discs were preventing numerous wind turbines from operating in optimum conditions, their operator was looking for an economical maintenance service that would ensure the turbines’ availability. Svendborg Brakes, a Regal Rexnord Brand…
Preparing for industrialization, the floating offshore wind industry is tackling its unique mooring and cabling challenges.The idea of keeping floating offshore wind platforms in place using dynamic positioning has been considered. The trouble…
Dutch company KOTUG International has secured a contract from BP to provide marine services to the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal.KOTUG International and its local Senegalese partner Maritalia have been awarded a long-term fixed-term contract…
The Danish Energy Agency has granted RWE the offshore construction permit for 1.1 GW Thor offshore wind farm, marking the final authorization ahead of construction start set for spring 2025.Good progress is already being made on land, with the…
Kongsberg Maritime delivered its 1,000th ship design - the IWS Seawalker, a windfarm service operation vessel (CSOV) and one of six ‘Skywalker Class’ UT5519 DE for IWS Fleet.In a naming ceremony in the port of Hanstholm, Denmark, the IWS Seawalker…
Shell-operated joint venture, consisting of Deltic Energy and Dana Petroleum, has confirmed gas discovery in the Selene prospect in the North Sea.The Shell operated 48/8b-3Z well, in license P2437, proved a 160-meter-thick section of Leman Sandstone…
Offshore seismic services specialist Shearwater Geoservices has secured a contract for a deepwater ocean bottom node (OBN) survey in West Africa.Starting in the fourth quarter of 2024, the one-month survey will be the first to use the SW Tasman’s…
Offshore drilling contractor Vantage Drilling has completed the sale of two premium jack-up rigs to ADES Holding Company, contracted for work in Southeast Asia.The sale includes the Topaz Driller jack-up rig, operating in the Malaysia-Thailand joint development area…
Woodside has completed the sale of a 15.1% non-operating participating interest in the Scarborough joint venture to JERA, Japan’s largest power generation company, for approximately $1.4 billion.The Scarborough joint venture includes the Scarborough…
Oil and gas company BW Energy has signed production sharing contracts (PSCs) for the exploration blocks Niosi Marin and Guduma Marin offshore Gabon, in partnership with Panoro Energy and VAALCO Energy.The blocks, formerly named G12-13 and H12-13…
Subscribe
