Latest News - page 399

 

Danos Secures Work for BP in Gulf of Mexico

Jan 05, 2024

Oilfield services company Danos has secured a contract with BP to renew its comprehensive drilling logistical services for its Gulf of Mexico assets.Danos will oversee the coordination of materials and personnel to and from multiple BP locations…

Exxon Earnings to Drop on California Offshore Exit

Jan 04, 2024

Exxon Mobil Corp warned on Thursday it would write down about $2.5 billion of California assets in the fourth quarter, and said lower energy prices reduced operating profits.The snapshot by the largest U.S. oil producer showed operating results could drop to about $8…

LR Greenlights Canadian Ship Recycling Facility’s Standards Compliance

Jan 04, 2024

Lloyd’s Register (LR) has certified Nova Scotia recycling facility, R.J. MacIsaac (RJMI), according to the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships.RJMI has become first…

Giant HVDC Offshore Wind Converter Platform Checks In to Aibel's Yard

Jan 04, 2024

The DolWin epsilon HVDC offshore wind converter platform has arrived to Aibel’s yard in Norway for final electrical outfitting and commissioning.After more than two months on a journey from Seatrium’s shipyard in Singapore, the DolWin epsilon…

Tekmar Reels In $4.4M Offshore Wind Cable Protection Deal

Jan 04, 2024

Offshore services firm Tekmar Group has secured a contract to supply its cable protection system for an undisclosed offshore wind development.The contract is for the design and supply of Tekmar Group's flagship Generation 10 cable protection…

US Top LNG Exporter in 2023 with Record Levels

Jan 04, 2024

U.S. liquefied natural gas exports hit monthly and annual record highs in December, tanker tracking data showed, with analysts saying it positioned the United States to leapfrog Qatar and Australia to become the largest exporter of LNG in 2023…

Harbour Energy Starts Drilling Gayo-1 Well Off Indonesia

Jan 04, 2024

Oil and gas company Harbour Energy has started drilling the Gayo-1 exploration well in the Andaman II block, offshore Indonesia.Drilling started on December 31, 2023, using West Capella ultra-deepwater drillship.According to SKK Migas, Indonesia’s government regulator…

Eco Wave Power Feeds Clean Electricity to Israeli Grid

Jan 04, 2024

Eco Wave Power has started distributing clean electricity from its EWP-EDF One project in the Port of Jaffa to the Israeli national electrical grid.The EWP-EDF One project has 100kW installed capacity and is comprised of 10 wave energy floaters…

Tracerco Wins Oil and Gas Inspection Contract in Gulf of Mexico

Jan 04, 2024

Tracerco has secured a million-dollar contract in the Gulf of Mexico which will see the business deploy its inspection technology across multiple oil and gas platforms.Under the contract, Tracerco will deploy its pipeline inspection technology…

Petronas Secures 20-Year Extension for Java Sea Operations

Jan 04, 2024

Petronas, through its subsidiary PC Ketapang II, has secured a 20-year extension of the Production Sharing Contract (PSC) for the Ketapang Working Area, located in the Java Sea.Due to expire in 2028, the Ketapang PSC extension was officially…

Dyna-Mac Expands Fabrication Capacity with New Acquisition

Jan 04, 2024

Singapore-based oil and gas module construction company Dyna-Mac has acquired Exterran Offshore, expanding its fabrication capacity for current and future projects.Dyna-Mac signed a Share Purchase Agreement (SPA) to acquire 100% of the total…

Japan’s 112MW Offshore Wind Farm Comes Online

Jan 04, 2024

Japan’s utility JERA and Green Power Investment Corporation (GPI) have started operations at the Ishikari Bay New Port Offshore Wind Farm - the largest commercial wind farm in Japan.Located in Hokkaido’s Ishikari Bay New Port, the wind farm…

Karoon Concludes $720M Acquisition of Stakes in US Oil and Gas Fields

Jan 04, 2024

Australia's Karoon Energy has completed the acquisition of interests from LLOG Exploration Offshore and LLOG Omega Holdings for the U.S. Gulf of Mexico oil and gas fields.The acquisition includes a 30% working interest in the Who Dat and Dome Patrol oil and gas fields and associated infrastructure…

TechnipFMC Bags $1B Contract with Petrobras

Jan 04, 2024

TechnipFMC has been awarded 'major' integrated engineering, procurement, construction, and installation (iEPCI) contract by Petrobras to deliver the Mero 3 HISEP project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir…

Seatrium Responds to Empire Wind 2 Project Cancellation

Jan 03, 2024

Seatrium has issued an announcement confirming its contract for a 1,260MW offshore substation (OSS) platform for Empire Wind 2, valued at more than S$250 million, has been cancelled.Seatrium was awarded two contracts from Empire Offshore Wind LLC for the engineering…

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