U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil production cushioned the blow from a plunge in fuel margins.The two focused on expanding…
Viridien and its partners TGS and Aquila Holdings, under its subsidiary Axxis Multi Client, have completed the reprocessing of the Utsira ocean bottom node (OBN) seismic survey in the Norwegian North Sea.Utsira is the largest OBN survey conducted…
Deep Wind Offshore has applied for area lease for one floating and one bottom-fixed offshore wind project on the Chilean coastline.The offshore wind projects will be managed and operated locally. The goal is to create local jobs, engage local suppliers…
TechnipFMC and Prysmian have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand for renewable electricity.The collaboration agreement brings together the technologies…
Dominion Energy has installed 78 monopile and four offshore substation foundations for as part of the first offshore construction campaign for the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project.CVOW, the largest offshore wind project under construction in the United States…
Sea1 Offshore, formerly Siem Offshore, has entered into shipbuilding contracts with Cosco Shipping (Qidong) Offshore for two new offshore energy support vessels.Based on ST-245 design, the vessels will have capabilities to serve both oil and gas and renewable energy markets…
Italian energy giant Eni has completed the sale of its Nikaitchuq and Oooguruk assets upstream offshore assets in Alaska to Hilcorp for $1 billion.The transaction, which received the approval of all relevant authorities, is in line with Eni’s…
The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for a wildcat well in the Barents Sea.The permit has been issued for wellbore 7122/9-2 in production license 1131, which is operated by Vår Energi with 40% working interest…
Africa Oil has completed the farm down of its interests in blocks 2912 and 2913B offshore Namibia, containing the Venus field, to TotalEnergies EP Namibia.The farm down was conducted via Africa Oil’s investee company Impact Oil & Gas Limited…
Offshore drilling contractor Shelf Drilling has secured contract extensions for two of its jack-up rigs with Chevron Thailand Exploration and Production for operations offshore Thailand.The contract extensions are for Shelf Drilling Chaophraya and Shelf Drilling Krathong jack-up rigs…
ASL Environmental Sciences has secured research and development subcontract from Ireland-based Gavin & Doherty Geosolutions as part of a metocean data needs assessment for the development of offshore wind projects in Atlantic Canada for Natural Resources Canada…
RWE has secured the necessary construction and environmental permits to build a 100 MW electrolyzer that would enable green hydrogen production as part of system integration plans associated with the 795 MW OranjeWind offshore wind project in the Dutch North Sea…
Norwegian offshore supply vessel company DOF Group has concluded the acquisition of Denmark-based Maersk Supply Service, which will be renamed to DOF Denmark.The combined company is expected to become one of the leading offshore service provider…
BlueNord, the partner in the Tyra II project along with TotalEnergies and Nordsøfonden, has informed that Tyra II facilities will start operating at maximum technical capacity in the first half of November 2024, following the completion of equipment repairs…
Aker BP expects Norway's largest oilfield Johan Sverdrup to produce at peak levels well into 2025, it said on Wednesday, taking a more bullish view than the field's operator and boosting its shares.The Norwegian company, partly owned by BP,…