Switzerland-based subsea wireless access provider Hydromea has said it has recently successfully trialed EXRAY, its wireless underwater ROV system, in a full ballast water tank on one of TotalEnergies’ North Sea FPSOs.EXRAY was deployed to collect visual inspection data…
U.S. offshore vessel owner Hornbeck Offshore Services said Monday it had has acquired three high-spec new generation offshore supply vessels ('OSVs') from the U.S. Department of Transportation's Maritime Administration ('MARAD') for an undisclosed amount of cash…
Aberdeen-based offshore rig inspection company ADC Energy has said it has been awarded its third contract in Asia-Pacific (APAC) in the first quarter of 2022 to provide its specialist rig inspection services to an unnamed global E&P operator in Malaysia…
U.S. offshore vessel owner Harvey Gulf International Marine said it is the first in the world to operate a carbon-neutral platform supply vessel (PSV).The company announced on Monday that one of its tri-fuel vessels has started operating exclusively…
Woodside Petroleum Ltd joined on Thursday multinational oil majors Chevron Corp and TotalEnergies in their plans to exit Myanmar, nearly a year after a military coup plunged the Southeast Asian nation into turmoil.Myanmar has faced unrest since…
Shell boosted its dividend and share repurchases on Thursday after its fourth-quarter profits soared to $6.4 billion on the back of higher oil and gas prices.Shell, which moved its headquarters from The Hague to London last month, said it expected…
ABB has secured an order of around $27 million to supply Eneti’s two newbuild vessels with advanced power, automation, and control systems for improved safety and performance.The two $330 million wind turbine installation vessels (WTIV) will…
French oil and gas major TotalEnergies has agreed to sell to Kistos Energy a 20% interest in the Greater Laggan Area fields and in the Shetland Gas Plant in the UK, as well as interests in several nearby exploration licenses.Kistos will pay a firm consideration of $125 million…
Eni and HitecVision-backed Point Resources Holding, owning respectively of 69.85% and 30.15% of the Norwegian oil and gas company Vår Energi AS, said Monday they planned to launch an initial public offering for Vår Energi and for the company to apply for a listing on Oslo Børs (the “IPO”)…
Australian oil and gas company Carnarvon Energy said Friday that the Noble Tom Prosser jack-up drilling rig was on its way to the Pavo-1 well location, offshore W. Australia.Santos is the operator of the project, and Carnarvon is a partner with a 30% interest…
Oil prices surged to seven-year highs on Friday, extending their rally into a seventh week on ongoing worries about supply disruptions fueled by frigid U.S. weather and ongoing political turmoil among major world producers.Brent crude rose $2…
Oil and gas firm Vaar Energi said on Friday its planned stock market listing in Oslo this month could value the Eni spin-off at up to 79 billion Norwegian crowns ($9.1 billion).The touted price tag could make Vaar Norway's third-largest new stock market entrant of all time…
Exxon Mobil Corp on Tuesday reported a fourth-quarter profit of $8.87 billion, its largest in seven years, as the top U.S. oil producer benefited from strong energy prices.The company slashed spending after fuel demand cratered two years ago and…
W&T Offshore has completed the acquisition of shallow-water U.S. Gulf of Mexico oil and gas fields from ANKOR E&P Holdings Corporation and KOA Energy LP, ahead of schedule.The oil firm has bought oil and gas producing properties in Federal shallow…
Offshore vessel operator Nortrans has scored a 5-year contract extension with Chevron in Israel for its Nor Naomi offshore vessel.Chevron Med. Ltd, is using the Nor Naomi DP2 IMR/ROV subsea vessel to support the Tamar and Leviathan gas field operations in Israel…
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