BP has started production from its Atlantis Major Facility Expansion project in the U.S. Gulf of America, adding new water injection capacity to boost oil recovery and extend the life of one of the company's flagship offshore assets.The project adds two new subsea water injection wells, new subsea trees and new topside water injection pumps at the Atlantis platform, increasing reservoir pressure to unlock additional hydrocarbons and enabling future water injection capability…
From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change…
Sempra Energy's unit Port Arthur LNG has started the federal permitting process for a major expansion of its liquefied natural gas export operations in Southeast Texas, according to a regulatory filing made on Wednesday.The proposed Port Arthur…
The U.S. Interior Department is preparing to ease environmental review requirements for some oil and gas exploration activities in Alaska's National Petroleum Reserve as part of the Trump administration's push to speed energy development in the Arctic…
Dubai-based offshore vessel operator Astro Offshore has signed a strategic memorandum of understanding with Oceaneering International to jointly pursue and deliver offshore and subsea projects.The agreement combines Astro Offshore's offshore…
An Alaska federal judge on Monday threw out a lawsuit by environmental groups challenging President Donald Trump’s move to allow offshore drilling along broad swaths of previously protected coastline.U.S. District Judge Sharon L. Gleason found the lawsuit by groups…
ConocoPhillips has appointed Andy O'Brien as president and chief executive officer (CEO), succeeding Ryan Lance, who will retire from the role and assume the position of executive chair of the board in a transitional capacity.The company also…
KOIL Energy Solutions has entered into a strategic alliance with consultancy Pipeline Network to expand its presence, operational capabilities and customer support across the Eastern Hemisphere.The alliance combines KOIL Energy's subsea technology…
U.S. President Donald Trump accused ExxonMobil and Chevron on Monday of making 'too much money' off higher fuel prices and said the oil giants should 'give some of that back to the public,' a notable break from his usual alliance with the industry…
Saipem and Subsea7 have cleared a key U.S. regulatory hurdle for their planned merger after the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 expired, allowing the transaction to close in the United States once all remaining conditions are met…
Dominion Energy has updated the construction schedule for its 2.6 GW Coastal Virginia Offshore Wind (CVOW) project, with installation of the 176th and final wind turbine now expected by the end of 2027, while reporting the project was approximately 81% complete as of July 31…
Chevron surpassed analyst estimates for second-quarter earnings on Friday, reporting its highest quarterly profit in at least six years as the U.S.-Israeli war with Iran disrupts world energy markets, boosting profits for the biggest oil companies…
ExxonMobil missed Wall Street estimates for second-quarter profit on Friday, despite notching its biggest quarterly profit in four years amid higher oil prices and improved refining margins driven by the ongoing U.S.-Israeli war with Iran.Adjusted earnings rose 67% from the first quarter to $14…
Uniper has signed a long-term agreement to purchase 2 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from Canada's proposed Ksi Lisims LNG project, marking the first major long-term LNG supply arrangement between Canada and Germany…
Dutch offshore contractor Allseas has secured a contract by Western LNG to install the critical subsea section of the Prince Rupert Gas Transmission (PRGT) pipeline, a key component of the planned Ksi Lisims LNG export project in northwest Canada…
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