The Bureau of Ocean Energy Management (BOEM) has completed its environmental review of Beacon Wind’s proposal to test suction bucket foundations on its lease area offshore Massachusetts.Suction bucket foundations are an alternative foundation…
Negotiations for the development of Tanzania's $42 billion liquefied natural gas export plant have been delayed by proposed government changes to a financial agreement reached last year, a government spokesperson and two company sources said…
Colombia's majority state-owned energy company Ecopetrol is analyzing its potential direct participation in the Andean country's first-ever offshore wind auction, the company said in a statement to Reuters.The government of President Gustavo Petro…
U.S. energy major Exxon Mobil's arbitration case that could block Chevron's purchase of Hess will extend into 2025, Exxon CEO Darren Woods said in an interview on CNBC on Monday, ahead of a coming vote by Hess shareholders on the deal.Exxon…
A top executive of Schlumberger NV (SLB), the world's largest energy services firm, on Monday predicted autonomous drilling of oil and gas wells will beat autonomous driving cars to market and create new efficiencies for oil producers.Autonomous…
Classification society ABS on Monday announced it has awarded approval in principle (AIP) to two critical autonomous functions on a proposed offshore platform in the latest phase of its collaboration with HD Hyundai Group.The artificial intelligence…
O3S – Oil Senegal Support Services, a homegrown Senegalese operator servicing the country's fledgling offshore energy sector, has ordered a new 36-meter fast supply vessel (FSV) from Singaporean shipbuilder Penguin International. Construction on the new FSV is expected to start later this year…
Engineering consultancy Wood has secured a new decarbonization contract from TotalEnergies to support flare gas recovery in the North Sea.The 23-month contract, part of the Elgin-Franklin Flare Gas Recovery System Project, follows Wood's successful…
The U.S. state of New Jersey has opened the fourth solicitation for offshore wind development, seeking to award up to 4 GW of new generation capacity.The application window for the fourth solicitation has been opened on April 30, and will accept application until July 10…
Seatrium has secured a topsides integration contract from MODEC's company Offshore Frontier Solutions for the Errea Wittu floating production storage and offloading (FPSO) unit.The contract scope of work covers the installation and integration of topside modules onboard the FPSO Errea Wittu…
Norwegian subsea technology company Optime Subsea has been awarded a contract by Aker BP to develop and deliver five Remotely Operated Controls Systems (ROCS) for use on the Norwegian continental shelf.Aker BP has placed an order with Optime…
Saipem’s underwater intervention drone Hydrone-R, currently operating on Equinor's Njord Field development project offshore Norway, has achieved the milestone for continuous subsea residency of 167 days.The project, for which Saipem’s Hydrone-R is deployed…
Global maritime company BW Group has unveiled plans to separate BW Energy as an oil and gas exploration business from its maritime businesses, as part of corporate restructuring process.BW Group currently owns 191,903,110 shares in BW Energy…
Canada-based Touchstone Exploration has agreed to acquire UK company Trinity Exploration and Production which has onshore and offshore oil assets located solely in Trinidad and Tobago.Under the terms of the acquisition, Trinity shareholders will receive 1…
Saudi oil and gas drilling contractor ADES Holding has secured a contract from Suez Oil Company (SUCO) for a 21-month jack-up drilling work in the Gulf of Suez, offshore Egypt.The contract, whose firm term is valued at $42.9 million (SAR 161 million)…
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