OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract by BP to provide a subsea boosting system for the Thunder Horse project, a development in the deepwater portion of Gulf of America.As part of the engineering, procurement and construction (EPC) contract, OneSubsea will deliver a subsea boosting system, alongside associated project management, engineering, manufacturing…
Sempra Infrastructure has started liquefied natural gas (LNG) production at the ECA LNG Phase 1 project in Ensenada, Mexico, being developed as a joint venture with TotalEnergies.The production of LNG was achieved as part of the commissioning process ahead of commercial operations…
SBM Offshore has entered into a shareholders' agreement with long-standing business partner NYK to divest a 45% ownership interest in the special purpose companies related to the lease and operation of the Chalchi floating storage and offloading (FSO) unit…
A Massachusetts judge on Monday declined to lift an order that forced turbine supplier GE Vernova GEV.N to continue work on the largest offshore wind farm in New England or to send its dispute with the $4.5 billion project's developer, Vineyard Wind…
Mitsui O.S.K. Lines (MOL) has reached a final investment decision to participate in the Delfin FLNG 1 project, an offshore floating liquefied natural gas (FLNG) development off the coast of Louisiana that is expected to become the first FLNG facility in the United States…
Subsea7 has secured a ‘sizeable’ contract by Murphy Exploration & Production Company for the String Music development in the U.S. Gulf.The project includes the engineering, procurement, construction, and offshore installation of a production…
Oil prices trended lower on Tuesday following the previous session's sharp gains as the market remained cautious about progress in U.S.-Iran peace talks.U.S. President Donald Trump said on Monday talks with Iran were ongoing, while Tasnim news…
Energy services company Weatherford has entered into a definitive agreement to acquire NCS Multistage Holdings in a transaction aimed at expanding its well completions portfolio and increasing exposure to unconventional resource markets.Under the agreement…
Oceanic Wind Energy and Ming Yang Smart Energy have signed a memorandum of understanding (MoU) to evaluate a strategic investment partnership for the development of an offshore wind project in the Hecate Strait off the northwest coast of British Columbia…
Cheniere Energy Partners has signed a lump-sum turnkey engineering, procurement and construction (EPC) contract with Bechtel Energy for the first phase of the Sabine Pass LNG Expansion Project in Louisiana and issued a limited notice to proceed…
Australia's Santos will prioritise LNG and oil growth in three core regions, including Alaska and Papua New Guinea, under a new strategy that also includes reducing net debt by $2.5 billion by 2030.'We are now laser-focused on investment in major oil and LNG production across three regions…
Shell’s Mars platform has produced its billionth barrel of oil equivalent, becoming the first single offshore platform in the Gulf of America to reach the milestone nearly three decades after production began.The deepwater oil and gas platform…
Eco Wave Power, via its U.S. subsidiary, has joined NVIDIA’s Inception program as the wave energy company explores artificial intelligence (AI) applications for renewable energy infrastructure and energy management systems.Eco Wave Power U.S…
Glenfarne Alaska LNG and ConocoPhillips Alaska have signed a gas sales precedent agreement to supply natural gas from Alaska’s North Slope for Phase One of the Alaska LNG project.The 30-year agreement will secure sufficient natural gas volumes…
JHI Associates had obtained a final court order from the Ontario Superior Court of Justice approving Eco (Atlantic) Oil & Gas' proposed acquisition of the company.The company said the court approval follows unanimous shareholder backing for the transaction at a May 12 meeting…