Subsea: Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei - Subsea7 has been awarded a sizeable contract by Brunei Shell Petroleum (BSP) for a pipeline replacement project offshore Brunei…
Industry News: ExxonMobil Offshore Oil Venture in Guyana Recoups Initial Costs - An ExxonMobil-led joint venture has recovered the billions of dollars it invested to develop a large oilfield in Guyana,…
Finance: Chevron Posts Strongest Quarterly Profit in Six Years - Chevron surpassed analyst estimates for second-quarter earnings on Friday, reporting its highest quarterly profit in at least six years as the U…
Finance: ExxonMobil Misses Forecasts Despite Four-Year Profit High - ExxonMobil missed Wall Street estimates for second-quarter profit on Friday, despite notching its biggest quarterly profit…
Offshore Energy: Fugro Forecasts Offshore Wind Recovery Outlook Delay to 2027 - Dutch geological data specialist Fugro said on Friday the offshore wind downturn has yet to bottom out and that a recovery…
Ports: France Selects Five Ports for $300M Floating Wind Investment - France has selected five ports to receive nearly $300 million (€260 million) in funding under the France 2030 investment…
Offshore: Petrobras Extends Contracts for DOF-TechnipFMC PLSV Duo - DOF Group has secured long-term contract extensions with Petrobras for the Skandi Buzios and Skandi Recife pipelay support vessels (PLSVs)…
Mergers & Acquisitions: Shell Agrees $720M Sale of Cyprus Gas Unit to MOL Group - Shell has agreed to sell its wholly owned subsidiary BG Cyprus to MOL Group for up to $720 million, giving the Hungarian…
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