Noble Energy Inc shareholders on Friday are expected to approve its sale to Chevron for about $4.2 billion in stock, cementing the first big energy deal since the coronavirus crushed global fuel demand.The purchase would boost Chevron's U.S…
Golar LNG has informed that force majeure events have been lifted on the GIMI FLNG the company is building for Greater Tortue Ahmeyim project in Senegal/Mauritania offshore area, and that the project would be delayed for 11 months compared to the original schedule…
Oilfield services company TechnipFMC said it has won a large contract to supply subsea equipment for ExxonMobil's Payara development offshore Guyana, following the oil major's FID on the project on Wednesday.Under the contract, TechnipFMC will manufacture and deliver the subsea production system…
Dubai-based Drydocks World has started construction of a single point mooring buoy for Orwell Offshore's “Lekki SPM Project.”The SPM is planned to be installed in the petroleum product handling facility at the Lekki Free Trade Zone in Lagos State…
Offshore vessel operator Edison Chouest Offshore (ECO) will build and operate the first-ever U.S. flagged Jones Act compliant Service Operations Vessel (SOV), used for offshore wind farm operation and maintenance works.Edison Chouest Offshore…
The construction has started in Norway of what will be the world's largest floating wind farm - the Hywind Tampen.Norway's Prime Minister Erna Solberg and Kværner apprentice Arne Linga officially kickstarted the construction work by starting…
Creditors of Premier Oil have extended a waiver for the group's debt covenant test until Nov. 5, Premier said on Thursday, granting it breathing space to avoid an immediate debt crunch and work on a longer-term plan.Premier needs to convince…
Offshore cable solutions provider Nexans will deliver subsea umbilicals for Senegal's first offshore oil field, the Sangomar.Subsea 7 awarded Nexans a contract to design and manufacture 46km of umbilicals for the Woodside-operated field. Subsea…
With ExxonMobil sanctioning its third offshore development in Guyana following the government approval, SBM Offshore has confirmed it has won a contract to deliver an FPSO for the project.Under the contract, SBM Offshore will construct, install…
Battery solutions provider Corvus Energy has won a contract with Vard Electro to supply lithium-ion battery-based Energy Storage Systems (ESS) for the new vessel being built at Vard Vung Tau yard in Vietnam for the Greater Changhua wind farms in Taiwan…
Belgian offshore services contractor Deme saw the hull of its first-ever Service Operation Vessel (SOV) launched at the Cemre shipyard in Yalova, Turkey. The twin-hull vessel named ‘Groene Wind’ (Green Wind), will be used for offshore wind farm…
Norway's Lederne labor union said on Wednesday it would escalate an oil workers' strike from Oct. 4 to four additional offshore fields.Several dozen workers went on strike on Wednesday at Norway and western Europe's largest oilfield, Johan Sverdrup…
U.S. oil major ExxonMobil has reached a final investment decision on a $9 billion offshore oil development project in Guyana, following the approval by the government.To remind, Reuters last Friday reported that Guyana was close to reaching…
France's Total on Wednesday said it would hike its annual investments in renewable energy and electricity by 50% as it cuts its reliance on oil and aims to become a major low-carbon power producer.Faced with gloomy long-term prospects for oil demand…
Dominion Energy and Orsted have brought online two offshore wind turbines, which are part of the 12-megawatt Coastal Virginia Offshore Wind (CVOW) pilot project, offshore Virginia Beach, USA. 'We're excited that the two CVOW wind turbines are…