Exxon Mobil has ended a major campaign to find oil in Brazil, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The oil and gas giant has stopped current drilling at the offshore acreage it started snapping up with partners for $4 billion in 2017…
Wind turbine maker Siemens Gamesa has ordered four electrical overhead cranes from Konecranes for its offshore nacelle plant in Taichung, Taiwan. The cranes will support the entire material handling of the site’s broadened production scope, with lifting capacities of up to 400 tons…
Dubai-based Vahana Marine Solutions DMCC's Vahana Aryan vessel has become the first jack-up unit to receive DNV’s Abate-Ready notation. According to DNV, the Abate notation is designed to assist the owners and operators of offshore units to…
British North Sea-focused oil producer EnQuest said on Wednesday that its 2022 free cash flow jumped 31% from the previous year to $519 million on the back of higher prices, beating guidance, but a windfall tax weighed on its accounts. EnQuest has deferred drilling on its Kraken field…
India-based Larsen & Toubro said Wednesday that its hydrocarbon business L&T Energy Hydrocarbon (LTEH) had recently secured multiple offshore packages from 'a prestigious client in the Middle East.'The scope of work comprises engineering, procurement…
Energy expert and assurance provider DNV has launched a joint industry project (JIP) alongside wind farm owners, turbine manufacturers, and other sector experts to increase confidence in innovative wind farm control (WFC) technology.According to DNV…
Turkey's Tersan Shipyard last week celebrated the steel cutting of NB1121, the second offshore wind farm support vessel being built for Acta Marine projects.The shipyard is building two DP2 construction service operation vessels (CSOV) powered with Methanol and MDO/HVO for the Dutch vessel owner…
UK-based offshore wind developer SSE Renewables and Asia Pacific-focused renewable energy developer Equis have formed a joint venture to bid for a feasibility license to develop, construct, own, and operate an offshore wind farm project in Australia…
Malaysian Prime Minister Anwar Ibrahim on Tuesday said Beijing had expressed concerns about energy activities by Malaysian state firm Petronas in the South China Sea, even though Kuala Lumpur believes the projects are in its territory.Anwar's…
Dutch crane maker KenzFigee has signed a contract with Aker Solutions to deliver an offshore pedestal crane for installation on ScottishPower Renewables' high-voltage, direct current (HVDC) converter station for the East Anglia THREE (EA3) offshore wind farm in the UK…
Japanese oil company Inpex has submitted a revised development plan for Abadi LNG project in Indonesia, incorporating a carbon capture and storage (CCS) component, on behalf of the INPEX-Shell joint venture.Inpex has amended the plan of development…
Oslo-listed offshore oil and gas services company Archer has completed the acquisition of Baker Hughes' Coil Tubing and Pumping business in the UK.In February, the two companies signed official agreements for Archer to buy Baker Hughes' coil tubing and pumping (CT&P) business in the United Kingdom…
German insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled Nord Stream 1 gas pipeline, five sources with knowledge of the matter said, indicating that its revival has not been ruled out after an alleged sabotage attack…
Brazilian oil firm Petrobras has started the contracting process for the chartering of two floating, production, storage, and offloading (FPSO) vessels for the Sergipe Deepwater Project (SEAP), in the Sergipe-Alagoas Basin, about 100 km off the coast…
A group of Australian Indigenous people has lodged human rights grievances with 12 Australian and international banks urging them to withdraw a $1 billion loan to Santos Ltd for its Barossa offshore gas project. Environmental and Indigenous groups have been campaigning for years against the $3…
Subscribe
