Guyana's government plans to issue two licenses this year for oil and gas projects, one for Exxon Mobil's seventh development in the country, Hammerhead, and one for the nation's first natural gas development, Energy Minister Vickram Bharrat told Parliament on Friday…
Iberdrola has inaugurated the operation and maintenance (M&O) centre in Saint-Brieuc, where 80 people will work to service its 496 MW offshore wind farm.The center, located in Binic-Établesm, controls and manages the electricity production and maintenance of the offshore wind farm…
Danish offshore wind installation firm Cadeler has signed two contracts with undisclosed clients for the utilization of its newbuild wind turbine installation vessel (WTIV), Wind Mover, starting immediately upon delivery.The vessel, currently under construction at Hanwha Ocean Shipyard in Korea…
Energy technology company Baker Hughes has secured a contract from ExxonMobil Guyana to provide specialty chemicals and related services for its Uaru and Whiptail offshore greenfield developments in Guyana’s Stabroek Block.The multi-year contract includes all topsides…
ExxonMobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.Its adjusted profit was $7.39 billion or $1.67 per share, beating analyst estimates of $1…
Offshore drilling contractor Borr Drilling has agreed to receive payment settlement for approximately $125 million with its major Mexican customer, related to its outstanding receivables.The company expects to collect this amount in the first half of February 2025…
Australian oil and gas company Santos has signed a helicopter transportation services contract with Weststar-GAP Aviation for its offshore operations in Timor-Leste’s Bayu-Undan region.Under the $40 million contract, Weststar-GAP Aviation, a joint venture between Timor GAP-Timor Gas Petroleo…
Danish offshore wind installation firm Cadeler has taken delivery its new wind turbine installation vessel (WTIV) Wind Maker, the first of the two planned M-class vessels to join its growing fleet.Wind Maker was officially named at a naming ceremony at the Hanwha Ocean Shipyard in Korea…
Ørsted has appointed Rasmus Errboe, current Deputy CEO and Chief Commercial Officer, as new Group President and CEO of the company replacing Mads Nipper who will step down from his position.Mads Nipper joined Ørsted in January 2021. He will step down as CEO on February 1…
Equinor has awarded Tromsø-based Lufttransport RW the assignment of operating five new helicopters from manufacturer Leonardo, which will be used to transport passengers on the Norwegian continental shelf (NCS).The five new helicopters are type AW189 aircraft…
Vattenfall and BASF have signed contracts with four suppliers for key components and installation services for Nordlicht 1 and 2 offshore wind farms, hiring EEW Special Pipe Constructions (SPC), CS WIND Offshore, DEME, and Jan De Nul to deliver the projects…
DEME has secured two contracts, valued at over $300 million, for the transport and installation of 112 foundations at the Nordlicht 1 and 2 offshore wind farms in Germany, as well as providing scour protection for the projects.DEME will install…
Energy technology company Baker Hughes has signed a major contract to provide modularized liquefied natural gas (LNG) system and power island to support Venture Global (VG) LNG projects in the United States.Baker Hughes has also signed a multi-year services frame agreement…
The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 7/1-4 S in production license 1090, in which Vår Energi holds an operating stake of 50%, along with partners Petoro (20%)…
U.S. oilfield services firm Halliburton has secured a contract from Petrobras for integrated drilling services across several offshore fields in Brazil.The contract scope includes drilling services for development and exploration wells over a three-year period…
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