Guyana's environmental regulator on Wednesday granted an Exxon Mobil-led consortium approval to drill 35 new offshore exploration and appraisal wells as the group looks to expand its production successes in the South American country.The wells will be drilled within the group's 6…
Exxon Mobil Corp on Wednesday signaled second-quarter operating profits fell sharply on lower natural gas prices and weaker oil refining margins, according to a regulatory filing.Operating earnings dropped to about $7.8 billion from $17.85 billion a year earlier…
U.S.-based ammonia power solutions company Amogy announced it is partnering with Norway's Southwind to explore joint opportunities in offshore wind.Southwind aims to establish Kristiansand as an operational base for offshore wind field developments and as a hub for a national competence center…
The Biden administration on Wednesday approved construction of an offshore windfarm that will generate 1,100 megawatts of power from up to 98 turbines off the coast of Atlantic City, New Jersey, becoming the third such project in the United States…
Offshore drilling contractor Valaris said Wednesday it had recently secured offshore drilling rig contract wins and extensions worth about $150 million in total, the figure which does not include lump sum payments like mobilization fees and capital reimbursements…
Norwegian offshore vessel operator Solstad Offshore has officially exited the platform supply vessel business.Namely, the company on Wednesday completed the sale of its PSV fleet to the U.S. offshore vessel firm Tidewater for approximately $580 million…
Oilfield services firm Baker Hughes said Wednesday it had secured a significant order from the Japanese FPSO supplier MODEC to supply gas technology equipment for the BM-C-33 project in the Brazilian pre-salt Campos area. The project is developed…
Offshore engineering and construction firm McDermott held a first steel-cutting ceremony at its Jebel Ali fabrication yard in Dubai, United Arab Emirates, to mark the start of construction for the BorWin6 980MW high-voltage, direct current (HVDC) project for TenneT…
Glamox provided a lighting system for the first substation built for the world’s largest offshore wind farm at Dogger Bank, offshore the UK.The giant unmanned structure is one of three offshore high-voltage direct current (HVDC) substations being built for Dogger Bank…
Oil production in Kazakhstan plummeted by around a fifth on July 4 to 1.46 million barrels per day from July 2, after the widespread power outages, official data from an analytical center at the energy ministry showed on Wednesday. Oil refining volumes fell by 46% on July 4 to 20…
Offshore drilling contractor Transocean Ltd. said Wednesday that six one-well options had been exercised for the Transocean Encourage semi-submersible drilling rig in Norway. While Transocean did not specify who the client was, the harsh-environment…
Edda Wind's recently delivered Edda Boreas Commissioning Service Operation Vessel (CSOV) has started the contract to support commissioning operations at the world’s largest offshore wind farm - the Dogger Bank Offshore Wind Farm in the UK - for the next two years…
Northern Ireland-based offshore decommissioning technology firm Decom Engineering said Wednesday it had developed its largest Chopsaw to date in response to client demand for larger-sized subsea pipe-cutting capability.The C1-46 Chopsaw has…
Denmark-based offshore wind developer Ørsted and offshore vessel owner ESVAGT have signed a second contract for a methanol-powered vessel.Ørsted and ESVAGT have signed an agreement for a sister vessel to the world’s first methanol-powered service operation vessel (SOV)…
Energy services firm Expro said Wednesday it had secured a contract with an unnamed 'major operator' for the first deployment of its single shear and seal high-debris 15K ball valve assembly.The multi-functional single shear and seal mechanism…
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