Oil company LLOG Exploration Offshore has awarded a subsea installation contract to Subsea 7 as part of its Salamanca development project in the U.S. Gulf of Mexico.The Salamanca development project includes the Leon and Castile offshore oil fields…
Offshore drilling contractor ARO Drilling, a 50/50 joint venture between Valaris and Saudi Aramco, has appointed Mohamed Hegazi as Chief Executive Officer.Hegazi previously served as Chief Executive Officer of TGT Diagnostics, a provider of…
Oilfield services firm SLB, Rockwell Automation, Sensia, and Cognite on Monday announced a collaboration that they say will 'accelerate the evolution' of the offshore industry’s floating production storage and offloading (FPSO) facilities. According to a press statement issued by SLB…
Dutch FPSO leasing and operation specialist SBM Offshore has signed a 10-year operations and maintenance enabling agreement with ExxonMobil in Guyana for the Operations and Maintenance of the Liza Destiny, Liza Unity, Prosperity, and ONE GUYANA FPSOs…
Samsung Heavy Industries (SHI) has unveiled a proprietary model nearshore FLNG concept which has been certified by DNV at OTC 2023 in Texas.The shipyard says it developed the Multi-purpose LNG Floater-Nearshore (MLF-N) in response to market…
California Senate Bill 605 has been passed in California’s Senate Energy Committee and the Natural Resources and Water Committee.SB 605, proposed by California State Senator Steve Padilla, passed both committees unanimously, 15-0 and 10-0, respectively…
Exxon Mobil Corp is not giving up on oil exploration in Brazil, the company's country chief Alberto Ferrin said on Monday during the Offshore Technology Conference (OTC) in Houston.'I would say very crystal clear that Exxon Mobil is not quitting exploration in Brazil at all…
The head of oil major Shell Plc's Brazilian operations on Monday said a temporary oil-export tax established in March was a concerning development that could hurt the country's investment attractiveness.Brazil's government in March said the temporary…
Brazil's state-controlled oil company Petrobras has abandoned a plan to sell its 44% stake in a promising offshore gas project it shares with Colombia's Ecopetrol in the Andean country, a Petrobras executive said at a Houston energy conference on Monday…
Higher shipbuilding costs are contributing to greater overall project costs in the U.S. offshore wind industry, according to maritime and offshore consultancy Intelatus Global Partners.The United States will rely on a large fleet of foreign…
Aberdeen-based Balmoral has unveiled a new scour protection system that integrates seabed protection and flow reduction to minimize operational costs and potential cable failure in the offshore wind industry.The new HexDefence structure eliminates the requirement to dump rock…
Classification society ABS announced it has launched a new set of requirements to guide the burgeoning maritime aspects of the space flight industry in the safe design and construction of offshore assets.The new requirements, launched this week…
After his first year on the job, Bureau of Safety and Environmental Enforcement (BSEE) Director Kevin Sligh Sr. discusses with Offshore Engineer the myriad challenges and opportunities ahead for offshore energy development in the U.S. While…
The two largest U.S. oil companies - Exxon Mobil Corp and Chevron Corp - are minting cash from booming oil and gas operations, but are splitting over what to do next.The pair on Friday posted first-quarter results that topped Wall Street forecasts as earnings soared…
The CEO of Italian oil and gas company Eni, Claudio Descalzi, has said he does not expect any 'big shocks' on the energy markets this year.'European gas storages are full and, although the global economy has restarted, demand is not at its highest because China has not yet resumed full operations…
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