Brazil's president on Monday called for state-run oil company Petrobras to pay smaller dividends and invest more, in remarks recorded ahead of a meeting with the firm's chief executive, who held out hope of an extra dividend that was axed last week…
Jobs in the U.S. oilfield experienced a slight gain from the past several months, increasing by 1,466 jobs in the U.S. oilfield services sector during February 2024, according to preliminary data from the Bureau of Labor Statistics (BLS) after…
Venterra Group, the global offshore wind services company, has secured a contract to assess metocean data collection needs that will assist with offshore wind farm development off Canada's Atlantic Coast.Amidst a surge in interest in offshore wind power…
Shell's head of liquefied natural gas (LNG), natural gas and power trading Steve Hill is leaving the company, Shell said on Monday.Hill chose to leave, Shell said, adding he would hand over his responsibilities and his successor would be announced in the coming weeks…
French subsea power cable maker Nexans has completed the offshore export cable pull-ins at 882 MW Moray West offshore wind farm in Scotland.Nexans used its cable laying vessel Nexans Aurora to perform offshore export cable pull-ins for both…
Offshore drilling contractor Noble Corporation has installed the Energy Efficiency Insights (EEI) system on all of its 29 active rigs.Noble Corporation said that the installation of the EEI system marks a significant advancement in real-time emissions monitoring for the offshore drilling industry…
Corio Generation, a Macquarie Group company, has signed a memorandum of understanding (MoU) with a leading supplier of electricity to the Vietnamese power market EVNGENCO3, setting the intention to advance offshore wind industry in the Southeast Asian country…
Gulf Marine Services (GMS), a provider of jack-up support vessels for the global energy industry, has signed the first of a two-phase contract for one of its vessels operating in the Middle East.GMS said it also received a Letter of Award, relating to the second phase of this four-year contract…
Carnegie Clean Energy has secured a $2.3 million grant from the Basque Government’s Energy Agency EVE for the deployment of its CETO wave energy device at the Biscay Marine Energy Platform (BiMEP) offshore northern Spain.Carnegie secured the…
Shell has awarded Worley a contract for detailed design, procurement and construction management support services a Holland Hydrogen 1, a project that will become the Europe’s largest commercial renewable hydrogen production facility.Under the contract…
Singapore’s Strategic Marine and Taiwan’s Prosperous Wind Shipping have delivered the hybrid-ready support vessel for the Yunlin offshore wind farm in Taiwan.The StratCat 27 hybrid-ready vessel is designed for the transfer of technicians and cargo…
Oil and gas company Perenco has started gas production from its C06 well, a near-field discovery within the Ravenspurn South area of the Southern North Sea.During the fourth quarter of 2023, the deviated well 42/30-C06 was drilled and completed with the Valaris-247 rig in 48-meter water depth…
A floating offshore wind farm planned in Arctic waters on Friday received 2 billion Norwegian crowns ($193 million) in state funding, with Norway viewing the still costly technology as a key contributor for industry development and emission cuts…
Esgian reports that offshore drilling contractors secured additional backlog in the U.S. Gulf of Mexico, Egypt, Nigeria, and Brazil and operators confirmed new discoveries in Indonesia, Côte d’Ivoire, and China in its Week 10 Rig Analytics Market Roundup…
The U.S. Coast Guard said on Saturday it did not observe any remaining recoverable oil sheen during a morning overflight off the coast of Huntington beach, California.On Friday, the agency said it was trying to identify the source of an oil spill off the coast after the sheen…
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