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Chevron and ExxonMobil Portfolios Overlap Put Mega-Merger Back in Spotlight

Jul 24, 2025

Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, or might it be more efficient for the two to join forces?An $800 billion combination would certainly evoke memories of Standard Oil…

UK Raises Guaranteed Offshore Wind Auction Power Price

Jul 25, 2025

Britain will increase the guaranteed price offered for offshore wind projects in this year’s renewables auction by 11%, government documents showed, amid rising costs for projects due to inflation and supply chain bottlenecks.The Labour government…

Flexible, Affordable, Mission-Ready: Meet the Ally ROV

Jul 23, 2025

As the demand for affordable, high-performance ROV solutions continues to grow, VideoRay is delivering powerful tools that meet the moment. Introduced just over a year ago, the Mission Specialist Ally has quickly earned a reputation for versatility…

China Starts Production at Major Oil Field in Bohai Sea

Jul 22, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought online the Kenli 10-2 oil field (Phase I), the largest shallow lithological oil field offshore China.The project is located in southern Bohai Sea…

NKT Partners Up with Helix for ‘World’s Most Powerful’ Subsea Trencher

Jul 17, 2025

NKT has selected Helix Robotic Solutions as the partner for operating its new T3600 subsea trencher, said to be the world’s most powerful trencher, which will become operational in 2027.NKT has entered a long-term cooperation and frame agreement with UK-based Helix Robotic Solutions Limited…

Clean Power Starts Flowing from China’s Furthermost Offshore Wind Project

Jul 10, 2025

The first set of turbines at the 800 MW Dafeng offshore wind project have started delivering power to the Chinese grid.On July 4, China Three Gorges Corporation (CTG)’s offshore wind project in Dafeng, Jiangsu achieved its first grid connection…

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

Jul 16, 2025

U.K.-based oil firm EnQuest has been awarded a Production Sharing Contract (PSC) for Block C, offshore Brunei, by the Petroleum Authority of Brunei Darussalam (PABD).EnQuest EP BV, a subsidiary of EnQuest, will initially be the sole operator of the PSA with the intention to subsequently…

Offshore Well Start-Up to Blame for Mars Crude Contamination, Chevron Says

Jul 14, 2025

The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening crude oil supply in the key Gulf Coast refining hub and the government releasing barrels from its emergency stockpile…

Baltic Eagle Offshore Wind Farm Comes Online in Germany

Jul 10, 2025

The Baltic Eagle offshore wind farm in Germany has been fully completed and energized, the joint venture partners Abu Dhabi Future Energy Company (Masdar) and Iberdrola have announced.As the first project completed under the strategic partnership…

Fugro Finds Partners for New Subsea Assets Data and Monitoring Platform

Jul 08, 2025

Fugro has formed a partnership with DTACT, a high-tech software company, and Ubotica, a specialist in AI-powered satellite intelligence, to develop a data fusion and intelligence platform for critical subsea infrastructure.The solution will…

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Jun 24, 2025

Thai state-owned oil and gas giant PTT Group signed an agreement to procure 2 million metric tons of liquefied natural gas per annum from Glenfarne's Alaska LNG project over a 20-year term, Glenfarne said late on Monday.PTT said it was further…

EnerMech Nets Long-Term Servicing Contract for Triton FPSO

Jul 03, 2025

Energy industry services firm EnerMech has secured a multi-year contract from Dana Petroleum for the provision of offshore shutdown support services for the Triton floating production, storage and offloading (FPSO) vessel.Dana hired EnerMech…

Triton FPSO Set to Come Back Online with Full Ramp Up to Follow

Jun 30, 2025

Serica Energy has informed that Triton floating production, storage and offloading (FPSO) unit in the North Sea will restart production shorty, following the completion of repairs and maintenance operations.Production will commence shortly, Serica Energy said…

Energean Set to Put FPSO at Karish Field Back Into Production

Jun 25, 2025

Energean has received notice from the Israeli Ministry of Energy and Infrastructure, instructing the safe restart and resumption of production and operations at its Energean Power floating production, storage and offloading (FPSO) unit.Energean…

Egypt Halts Fertilizer Production In Light of Israeli Gas Disruptions

Jun 13, 2025

Egyptian fertilizer producers were forced to halt operations on Friday due to a drop in natural gas imports from Israel, industry sources told Reuters.They said major Israeli gas fields had suspended operations following Israel's military strikes…

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