Malaysian FPSO leasing firm Yinson Production has acquired the Atlanta FPSO, a floating, production, storage, and offloading vessel that will serve as a production unit at Enauta's Atlanta field in Brazil.Yinson acquired the FPSO through the acquisition of AFPS B…
The Big three oilfield services (OFS) companies will likely report higher profits for the second quarter as resurgent demand in international markets and strong offshore drilling helped counter tepid activity in North America.Baker Hughes, Halliburton…
Italy's Eni said its second-quarter adjusted net profit dropped 49% from last year, reflecting falling oil and gas prices and weaker refining margins. Adjusted net profit in the period came in at 1.94 billion euros ($2.13 billion), down from a bumper result of 3…
Energy majors BP and TotalEnergies have won a 7 gigawatt (GW) offshore wind site auction in Germany worth a record 12.6 billion euros ($14.1 billion), allowing them entry to the central European market without a partnership.Previous auctions have been won by consortia…
Partners in the Israeli offshore gas project Leviathan said on Sunday they would invest $568 million to build a third pipeline that will allow increased natural gas production and exports.Leviathan, a deep-sea field with huge deposits, came…
Itochu Corp, Tokyo Gas Co Ltd, and other companies are considering bidding in the second round of the Japanese government's auction of offshore wind power projects, the Nikkei business daily reported on Thursday. In December, Japan resumed public…
Sarawak Energy aims to install at least 400 megawatts (MW) of floating solar power capacity at its dams by 2030 as the Malaysian utility expands to meet rising demand for renewables from neighboring countries, its group chief executive said…
Norwegian offshore services provider Atlantic Offshore has agreed to a fleet-wide roll-out of Inmarsat’s all-in-one Fleet LTE service to ensure continuous connectivity in the North Sea.Inmarsat Maritime, a Viasat business, said the commitment…
French oil major TotalEnergies on Tuesday announced the Ntokon oil and gas discovery on OML102 block offshore Nigeria. Located in shallow waters, 60 km off the southeast coast of Nigeria, the Ntokon-1AX discovery well encountered 38 meters of net oil pay and 15 meters of net gas pay…
Equinor plans to expand its oil production in Brazil more than fivefold over the next decade, while also eyeing green energy projects, especially in offshore wind power, an executive for the Norwegian energy giant said on Tuesday.The company aims to boost output to more than 500…
The United States learned of a Ukrainian plan to attack the Nord Stream natural gas pipelines three months before they were damaged last September by underwater explosions, The Washington Post reported on Tuesday, citing leaked information posted online…
Kazakhstan's Energy Minister Almasadam Satkaliyev said on Tuesday that the central Asian country is pressing ahead with $16.5 billion in claims against international oil companies over disputed project costs.The new claims are the latest in…
Norwegian company TGS which provides oil and gas firms with seismic data for offshore exploration, on Wednesday announced the Amazonia Azul 2D-cubed project, 'the first of its kind offshore Brazil.' The project, according to TGS, expanded its…
Norway's Equinor said on Friday it aims to restart production at the Statfjord A oil and gas platform in the North Sea next week, after it was shut down on May 25 due to a hydrogen sulfide gas leak. 'Production is planned to start again next week…
ABB said Monday it had secured a large order from Yantai CIMC Raffles Offshore Ltd., to deliver an integrated bridge-to-propeller technology for Havfram Wind’s two new NG20000X-HF Wind Turbine Installation Vessels (WTIVs). The vessels will be…
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