Baker Hughes beat Wall Street estimates for third-quarter profit on Tuesday, helped by sustained demand for its drilling equipment and oilfield technology in international markets.The robust activity in several international markets have helped…
Community Offshore Wind, a joint venture of RWE and National Grid Ventures (NGV), has submitted its full proposal for a 2.8 GW offshore wind project in New York.If selected, the proposed project could deliver up to 2.8 GW of new clean energy capacity…
Ørsted has submitted a finalized proposal for its Long Island Wind project, a 1,485 MW offshore wind project that could power up to one million New York homes with renewable energy.With commercial operation starting in 2033, Long Island Wind would deliver up to 1…
Hellenic Cables, the cables segment of Cenergy Holdings, has secured inter-array cable supply contract for the Leading Light Wind project, one of the largest offshore wind projects in the United States.Hellenic Cables will supply 65km of 132kV inter-array cables…
American Bureau of Shipping (ABS) has secured a contract to provide and test a digital twin solution for real-time condition monitoring for a Petrobras floating production, storage and offloading (FPSO) unit.The ABS solution will provide a digital twin of the asset…
Scottish maritime safety and survival innovator Zelim, has started cooperating with CASARA, Canada’s Civil Air Search and Rescue Association, following the successful demonstration of its ZOE Intelligent Detection and Tracking system.The trials took place in September…
Offshore drilling contractor Transocean has secured a one-year contract for the Deepwater Conqueror drillship with an undisclosed operator in the U.S. Gulf of Mexico.The contract is expected to start in October 2025 and contribute approximately $193 million in backlog…
A few months after the announcement of the acquisition of REVERE Survival in Jacksonville, LALIZAS announced the establishment of LALIZAS Canada, effectively enhancing the company’s presence in the Americas.Miguel Norato has been appointed as the Country Manager of LALIZAS Canada…
Empire Energy Partners and Herrick Corporation have formed a joint venture to boost the United States’ offshore wind supply chain.Empire Energy Partners and Herrick Corporation will work together to manufacture key components for both fixed and floating offshore wind projects…
Edison Chouest Offshore (ECO) affiliate C-Innovation (C-I) on Monday announced it has signed a new three-year contract with bp for field development, and inspection, maintenance and repair (IMR) work.The contract, which has options for two one-year extensions…
Energy technology company Baker Hughes and oil and gas major Repsol have signed an agreement to collaboratively develop and deploy next-generation artificial intelligence (AI) tool to optimize processes and workflows for oil and gas production…
ExxonMobil said on Thursday it has acquired state leases for over 271,000 acres in Texas state waters for an offshore carbon dioxide (CO2) capture operation.The lease with the Texas General Land Office follows Exxon's 2021 bid for federal land off the Texas coast for CO2 capture…
Offshore services firm Subsea7 has secured a sizeable contract for a subsea tieback development in the U.S. Gulf of Mexico.Subsea7 will be responsible for transporting and installing the flowline, umbilical, and associated subsea components for the tieback…
Oilfield services company TechnipFMC has secured an integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract from BP for its greenfield Kaskida development in the Gulf of Mexico.The contract, valued between $250 million and $500 million…
Canadian pipeline company Enbridge has secured an agreement with BP to build, own, and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently sanctioned Kaskida development.The crude oil pipeline, named the Canyon Oil Pipeline System (Canyon Oil)…