MISC, a Malaysian provider of offshore energy solutions and facilities, on Tuesday unveiled what it called a 'future-ready Newbuild Floating Production Storage & Offloading (NBFPSO) Unit' at OTC Houston 2023. 'It is the world’s first NBFPSO…
Robotic systems firm Sarcos and subsea robotic systems developer VideoRay have signed an agreement to offer integrated underwater robotic systems combining VideoRay remotely operated vehicles (ROVs) with the Sarcos Guardian Sea Class robotic system including its dexterous arms…
Samsung Heavy Industries (SHI) has unveiled a proprietary model nearshore FLNG concept which has been certified by DNV at OTC 2023 in Texas.The shipyard says it developed the Multi-purpose LNG Floater-Nearshore (MLF-N) in response to market…
After his first year on the job, Bureau of Safety and Environmental Enforcement (BSEE) Director Kevin Sligh Sr. discusses with Offshore Engineer the myriad challenges and opportunities ahead for offshore energy development in the U.S. While…
After nearly a century, oil output in the U.S. Gulf of Mexico is heading towards its peak with new platforms providing a last hurrah as the region becomes a hot spot for burying greenhouse gases.Some companies, including Exxon Mobil Corp, have been dumping assets in the Gulf…
Oil major Chevron Corp beat market expectations on Friday as profit nudged higher in the first quarter, with earnings from refining compensating for slides in energy prices as well as oil and gas production.Net profit climbed 5% to $6.57 billion or $3…
U.S.-based Tidewater, one of the world's largest owners of offshore support vessels, announced Thursday that Larry T. Rigdon has chosen not to stand for reelection as non-executive chairman and will retire from the board at the company's annual stockholders meeting on June 26…
Glosten is growing its PelaStar partner network to prepare for Phase 2 of the U.S. Department of Energy’s Floating Offshore Wind ReadINess (FLOWIN) Prize. The expanded team will focus on identifying facilities and the requisite investment to enable U…
U.S. offshore wind developer Dominion Energy is this week kicking off unexploded ordinance identification within the export cable corridor and the Coastal Virginia Offshore Wind (CVOW) lease area located offshore of Virginia Beach, Virginia…
The U.S. Bureau of Ocean Energy Management (BOEM) on Tuesday invited public comment on possible commercial wind energy development in areas offshore Massachusetts, New Hampshire, and Maine.BOEM said the call represented an early step in the…
Halliburton Co reported a higher first-quarter profit on Tuesday, wrapping up upbeat earnings from the world's top oilfield services providers as higher oil prices encouraged drilling activity and boosted demand for services and equipment. Global…
An ailing crewmember was airlifted from a pipelay vessel in the U.S. Gulf of Mexico on Sunday, the U.S. Coast Guard said.Coast Guard Eighth District and Coast Guard Sector New Orleans command center watchstanders received a report at approximately 10 p…
The U.S. Coast Guard said Sunday it had evacuated a crew member from motor vessel Solitaire approximately 15 miles south of Port Fourchon, Louisiana. Coast Guard Eighth District and Coast Guard Sector New Orleans command center watchstanders received a report at approximately 10 p…
SLB beat Wall Street estimates for first-quarter profit on Friday, as elevated crude prices and tight supplies fueled demand for its oilfield services. Global crude prices averaged $81.24 a barrel in the January-March quarter, down nearly 20%…
Wind power may generate roughly 40% of North America's electricity by 2050, and solar power another 32%, if current and projected capacity development plans proceed as expected, data from risk assessment firm DNV shows.With hydropower expected to generate an additional 11…
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