Exxon Mobil and Chevron on Tuesday took their first steps toward eventually exploring oil in Brazil's Foz do Amazonas basin, scooping up offshore blocks auctioned by the country in the promising but environmentally-sensitive area.The move marks…
Qatar's gas production at the South Pars field is steady and supply is proceeding normally, it said on Tuesday, after the world's largest gas field was hit by an Israeli airstrike on Saturday, prompting Iran to partially suspend its production…
African energy explorer Rhino Resources and its partner Azule Energy will drill the new Volans-1X exploration well offshore Namibia in late July or early August, a company spokesperson said on Tuesday.The Volans prospect is being investigated…
The BeWild project, led by Fugro, has completed the world’s first fully remote ecology survey at CrossWind’s Hollandse Kust Noord offshore wind farm, marking a significant shift in marine ecosystem monitoring.The innovative approach enables more efficient and less disruptive monitoring…
TotalEnergies, as a shareholder of North Sea OFW One, has been awarded the N-9.4 offshore concession by the German Federal Network Agency in the North Sea.Located approximately 150 kilometers northwest of the German island of Heligoland, the N-9…
MODEC has renewed its joint research and development (R&D) agreement with Terra Drone for the non-destructive internal inspection of crude oil storage tanks on floating production, storage, and offloading systems (FPSOs) using Terra UT drones…
Malaysian FPSO leasing firm Yinson Production has closed of the previously announced $1 billion investment from a consortium of global investor to further drive its business growth.The funding was secured through a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA)…
RenewableUK and the Offshore Wind Industry Council (OWIC) have released a new report showing that the number of people working in the offshore wind industry has risen from just over 32,000 two years ago to nearly 40,000 today – an increase of 24%…
Global energy technology company SLB has launched Sequestri carbon storage solutions, a comprehensive portfolio of technologies and services for accelerating safer and more economic carbon storage projects.The Sequestri portfolio addresses the unique challenges of long-term carbon storage…
Energy industry services firm EnerMech has secured a contract by ExxonMobil to deliver a complete flowline decommissioning package for the Hoover Diana development in the Gulf of America.EnerMech’s scope includes decommissioning the subsea flowlines…
King Charles III's Crown Estate, which owns Britain's seabed, said on Tuesday it will invest up to 400 million pounds ($543 million) in the country's offshore wind supply chain.The investment is intended to support the construction of new infrastructure…
Malaysian state energy company Petronas said on Tuesday it expects to take one to two years to set up a planned joint venture with Italian energy group Eni on upstream assets in Indonesia and Malaysia.The companies announced a joint venture framework…
Offshore drilling contractor Odfjell Drilling has completed the Deepsea Aberdeen’s special periodic survey (SPS), with the semi-submersible rig returning to operations after three weeks of scheduled off-hire.As a result, all of the company’s own fleet rigs SPS projects are now completed…
TendrillWood, a joint venture company between Wood Group and Tendrill, has secured a five-year contract with Brunei Shell Petroleum (BSP) for brownfield engineering, procurement, and construction (EPC) services.Under the contract, the TendrillWood JV will deliver integrated…
The Republican governor of South Carolina appealed to the Trump administration on Monday to leave his state out of an impending plan to increase offshore oil and gas production.The letter comes as the administration wraps up a 45-day request…