Shell has taken a final investment decision (FID) on the Victory gas field in the UK North Sea, approximately 47 km north-west of the Shetland Islands.Once onstream, the field will help to maintain domestically produced gas for Britain’s homes…
Petrobras, Shell Brasil, TotalEnergies, CNPC, and CNOOC, along with the Universidade Federal do Rio Grande do Sul (UFRGS), have started a series of offshore wind measurements in the Santos Basin to gather data for potential floating wind projects at Búzios and Mero fields offshore Brazil…
Oilfield services company TechnipFMC has secured a ‘significant’ contract from BP for its Argos Southwest Extension project in the Mad Dog field.TechnipFMC will install pipe and an umbilical, tying back three new wells to the Argos platform in the Gulf of Mexico…
BP has appointed Murray Auchincloss as its chief executive officer with immediate effect.Murray, who has been interim CEO since September 2023, will continue as a member of the BP board. His appointment has been made following a robust and competitive search process…
Guyana said it expects to receive some $2.1 billion from oil exports and $320 million from royalties this year as crude production continues to rise, an increase from the $1.62 billion received in 2023.The South American nation's gross domestic product is expected to increase by 34…
Norwegian government has offered 24 companies ownership interests in 62 production licenses on the Norwegian shelf in pre-defined areas (APA) 2023, Norway's regulator of the petroleum resources informed.The awards, unveiled on January 16, 2024…
Oil and gas well integrity and production optimization company Coretrax has strengthened its well intervention capabilities after acquiring a complementary suite of technology from Wireline Drilling Technologies.After completing the acquisition and expanding its offering…
Offshore engineering and construction firm McDermott has been awarded a contract from Malaysia Marine and Heavy Engineering (MMHE) for the Kasawari Carbon Capture and Storage (CCS) project, located offshore Sarawak in East Malaysia.Under the scope of the contract…
Strohm has supplied TotalEnergies with a thermoplastic composite pipe (TCP) Jumper, which has been commissioned in deep water in West Africa.This installation, at 1600-meter water depths, followed a rigorous testing program, during which TotalEnergies…
Four tankers used for shipments of Qatari liquefied natural gas (LNG) have resumed course after pausing for several days amid maritime attacks by Yemen's Iran-aligned Houthis in the Red Sea, LSEG shiptracking data showed on Tuesday.The Houthi attacks…
Aberdeen-based offshore energy industry services firm Three60 Energy has secured work on BW Offshore’s Catcher and Adolo floating production storage and offloading (FPSO) units.Three60 will provide extensive engineering, procurement, construction…
Hellenic Cables has signed a contract with Seaway 7 to supply inter-array cables for the Bałtyk II and Bałtyk III offshore wind farms in Poland.Hellenic Cables was appointed by Seaway7 as the key subcontractor for the design, manufacturing,…
Vestas has established a partnership with ArcelorMittal to launch a low-emission steel offering, said to significantly reduce lifetime carbon dioxide emissions from the production of wind turbine towers.The low-emission steel is produced using…
Fishbones, a provider of alternative reservoir stimulation technology, has started an industry technology development project with major Norwegian operator Aker BP to improve oil recovery from reservoir assets.Supported with a $121,000 (NOK 1…
UK-based company HydroWing has designed an innovative new barge that aims to cut costs of installation and maintenance for its patented tidal stream array technology.HydroWing technology features a wing system that streamlines operations and…
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