Shell lowered its first-quarter liquefied natural gas (LNG) production outlook in a trading update on Monday, citing the impact of bad weather in Australia, before it publishes results on May 2.The British company guided for LNG output to reach between 6…
Woodside Energy Australia’s top gas producer, said on Monday it agreed to sell a 40% stake in its Louisiana liquefied natural gas plant to U.S. infrastructure investor Stonepeak for $5.7 billion.The deal reduces Woodside's capital spending needs…
Energy firms have slowed construction of offshore wind farms in the U.S. for various reasons in recent years, including, most recently, opposition from U.S. President Donald Trump's administration.Offshore wind was a key pillar of former President…
Petrobras has completed work on a veterinary center in the Amazon region that is required for it to obtain an environmental permit for an offshore drilling project, the company said on Saturday.The animal care center in the town of Oiapoque…
The National Ocean Industries Association (NOIA) Board of Directors has elected Joe Leimkuhler, Chief Operating Officer of Beacon Offshore Energy, as the NOIA Chair for the 2025-2026 term. Eric Zimmermann, Chief Operating Officer of LLOG, was elected as the 2025-2026 Vice Chair…
Global technology company SLB announced a partnership with Shell to deploy Petrel subsurface software across its assets worldwide. The adoption of Petrel software is designed to increase digital capabilities and drive operating cost efficiencies…
Japan's Eneos Drilling, a subsidiary of Eneos Xplora, has entered into a drilling contract with Japan Vietnam Petroleum Company for the jack-up rig HAKURYU-14, for work offshore Vietnam.The rig will be deployed Block 15-2, offshore Vung Tau…
The government of U.K. has approved 1.2 GW extension to Rampion offshore wind farm, Rampion 2, off the Sussex coast.The Development Consent Order (DCO) for the Rampion 2 offshore wind farm project, an extension to the existing Rampion wind farm nearby…
Crane specialist Liebherr has supplied two offshore cranes to Yinson Production, which will support the operations of Agogo floating production storage and offloading unit (FPSO) at Azule Energy’s field offshore Angola.Two offshore cranes of…
RWE has put its offshore rescue concept to a practical test in order to be as well prepared as possible for potential medical and other emergencies at its offshore wind farms.In a six-hour rescue exercise at RWE's Nordsee Ost offshore wind farm…
COSCO Shipping Specialized Carriers has placed an order for a next generation semi-submersible vessel to Chinese shipyards.COSCO will build the vessel in partnership with China Shipbuilding Industry Corporation and Guangzhou Shipbuilding International…
A new report has found that deliveries within exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway continued to grow in 2024.Equinor procured goods and services with a total value of $13…
Subsea 7 has secured a sizeable contract by Shell for the Sparta deepwater development in the United Stats.The project involves the transportation and installation of a floating production system (FPS) at Garden Banks block 959, which is located…
Engineering specialist GHD has been selected to provide the electrical front-end engineering design (FEED) for the initial phase of the Caledonia Offshore Wind Farm, a new development by Ocean Winds, a joint venture between Engie and EDPR.The…
Vietnam's state oil firm PetroVietnam will invite oil companies to bid to develop three offshore oil blocks, the government said on Friday.They include Block 17 in Cuu Long Basin and Block 10/11 and Block 10&11-1 in Nam Con Son Basin, all on Vietnam's continental shelf…