Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy's main liquefied natural gas (LNG) import terminal, the U.S. oil producer said in a statement.The stake sale drew interest from infrastructure funds and…
A UK-based trade body representing companies operating in the UK subsea sector, Global Underwater Hub (GUH), received a visit from King Charles on Friday, September 29.GUH said it had provided King Charles with a tour of its premises in Westhill on the outskirts of Aberdeen…
Norwegian oil and gas company Equinor and its UK-based partner Ithaca Energy said Wednedsay they had taken the final investment decision to progress Phase 1 of the Rosebank development on the UK Continental Shelf, together investing $3.8 billion in the development…
Dutch offshore survey firm Fugro will convert the Fugro Resilience and the Topaz Endurance, two ULSTEIN PX121 platform supply vessels (PSVs), to geotechnical vessels, targeting their deployment in the global offshore renewable energy market…
Malaysian oil and gas firm Hibiscus Petroleum has, via its UK North Sea subsidiary Anasuria Hibiscus UK, Ithaca Energy, and Caldera, entered into a unitization and unit operating agreement to jointly develop the Marigold field, about 250km northeast…
Bibby Marine and its consortium partners are moving forward with plans to build the world’s first zero-emission electric service operation vessel (eSOV) after securing funding for the project from the Zero Emission Vessel Infrastructure (ZEVI) competition…
Peterson Energy Logistics announced it has been awarded a logistics contract from Harbour Energy to support its North Sea operations from Aberdeen.The five-year fixed-term contract includes an option to extend for a further five years, and the full scope of services includes quayside vessel loading…
Strategic partners Roll Group & Hebetec Engineering AG announced their shared patented solution for offshore wind farm load-outs during the SPE Offshore exhibition in Aberdeen last week.The solution was developed to provide efficient and cost…
ROV-specialist Forum Energy Technologies (FET) has launched a new tooling rental offering for remotely operated vehicles (ROVs) in response to the changing demands of the subsea sector.'With increasing ROV asset investment across hydrocarbon and offshore renewable energy…
Chevron has asked Australia's Fair Work Commission (FWC) to intervene in its dispute with workers on strike at two major liquefied natural gas facilities, banking on new laws that came into effect in June and which empower the industrial arbitrator…
Chevron said on Thursday it had accepted recommendations from Australia's labor regulator to end its dispute with unions at its liquefied natural gas (LNG) facilities in Western Australia.The Fair Work Commission of Australia, which has the power to impose a settlement…
Nauticus Robotics, a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean economies has signed a memorandum of understanding with the Australian offshore support vessel firm MMA Offshore…
Wood Group, a consulting and engineering company, and Harbour Energy, the UK's largest oil and gas producer, have entered into a new strategic partnership for UK North Sea operations.The companies have agreed a new master services agreement…
A fault at Chevron's Wheatstone facility in Australia temporarily shut about a quarter of its liquefied natural gas (LNG) production on Thursday, the same day that unionized workers escalated strike action.A Chevron spokesman said the cause…
Offshore wind power developers warned on Friday that Britain's climate goals could be at risk after a subsidy auction for new renewable energy projects did not attract any investment in those planned off British coasts.Britain is aiming to develop 50 gigawatts (GW) of offshore wind capacity by 2030…