Dutch geological data specialist Fugro reported stronger-than-expected core earnings on Friday, but cautioned that worsening conditions in the offshore wind sector and tighter spending by energy firms could weigh on its performance in the final quarter…
The Norwegian Ocean Industry Authority (Havtil) has granted OKEA a consent to use Deepsea Yantai semi-submersible rig for production drilling on the Draugen field in the Norwegian Sea.Draugen is a field in the southern part of the Norwegian Sea…
Italian energy giant Eni has completed the sale of 30% stake in the Baleine project, located off the Ivory Coast, to energy and commodity trading company Vitol.The Baleine project is the West African country’s main offshore development and is now owned by Eni (47…
Orsted shares rose on Tuesday after a U.S. federal judge ruled it could resume work on an almost completed offshore wind project in the United States, delivering a win for an industry under sustained attack from President Donald Trump.But the victory may prove short-lived…
Australian oil and gas firm Woodside Energy has marked rapid progress on its $17.5 billion Louisiana LNG project, with construction on the first of three liquefaction trains already more than 22% complete since the final investment decision in April…
U.S Environmental Protection Agency (EPA) issued the Clean Air Act (CAA) permit for the proposed offshore Texas GulfLink (TGL) deepwater port. The permit allows a first-of-its-kind use of vapor capture and control technology mounted on an offshore…
Hellenic Cables, the cables segment of Cenergy Holdings, has signed a turnkey contract with the Independent Power Transmission Operator (IPTO) for the design, supply, and installation of a 150kV composite cable system interconnecting Igoumenitsa and Corfu in Greece…
Norwegian oil and gas company Vår Energi has informed that the Jotun floating production, storage and offloading (FPSO) unit, deployed at the Balder field in the North Sea, reached peak production ahead of schedule.The Jotun FPSO is now producing…
Brazilian oil regulator ANP will offer seven blocks in an upcoming auction for areas to explore in the country's offshore pre-salt region, set to happen on October 22, it said in a statement on Wednesday.Bidding will be opened for Jaspe, Citrino…
UAE-based Vantage Drilling International has announced that the Conditional Letter of Award received from an undisclosed client for the ultra-deepwater drillship Platinum Explorer in April has been extended.This follows a 30-day extension from July 22 to bring the contract end date to August 29…
Santos has agreed to extend the exclusivity period granted to a consortium to enable it to complete due diligence on the purchase.The consortium, led by XRG P.J.S.C., a subsidiary of Abu Dhabi National Oil Company and includes Abu Dhabi Development…
Italian energy contractor Saipem has completed the installation of the subsea pipeline for the Irpa project, developed by Equinor in the Norwegian Sea.Offshore operations were carried out by the pipelay vessel Castorone, one of Saipem's flagship vessels…
Texas-based oilfield services provider Expro has launched its most advanced BRUTE high-pressure, high tensile packer system, designed to help operators work more efficiently in the extreme conditions of deepwater wells.Engineered for the highest differential pressures in the market…
Italian energy group Eni said on Friday its second-quarter earnings fell 25% year-on-year as lower oil prices and a weaker dollar overshadowed a better-than-expected performance at its gas business.Adjusted net profit came in at 1.13 billion euros ($1…
TotalEnergies has started production from the BEGONIA and CLOV Phase 3 projects, adding a total of 60,000 barrels per day of production offshore Angola.The start of production from the BEGONIA and CLOV Phase 3 offshore projects leverages ullage in the PAZFLOR and CLOV floating production…
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