Italian offshore energy services firm Saipem has received the authorization to proceed with the execution of activities related to the engineering, procurement, construction and installation (EPCI) contract for the development of ExxonMobil's Hammerhead oil field…
The U.S. Department of Energy intends to cancel more than $13 billion in funds that the Biden administration had pledged to subsidize wind, solar, batteries and electric vehicles, it said on Wednesday.It was not immediately clear which funds were being targeted…
The consortium formed by TotalEnergies and RWE has won the Centre Manche 2 (AO8) offshore wind tender to develop 1.5 GW project off the coast of Normandy. However, RWE has expressed its wish to exit the consortium, while TotalEnergies remains committed to pursue the project…
Norwegian offshore supply vessel owner DOF Group has signed an agreement to sell the Skandi Handler anchor handling tug supply (AHTS) vessel.The sale has been made through DOF Group’s Danish subsidiary DOF Denmark. The company did not disclose the name of the buyer or the value of the transaction…
Italian offshore services provider Next Geosolutions (NextGeo) has signed an eight-year framework agreement with German transmission system operator (TSO) 50Hertz to deliver geotechnical seabed survey services for offshore substations (OSS) projects…
Equinor has started production from the Askeladd Vest subsea field in the Barents Sea, contributing to continued high and long-term production of liquefied natural gas (LNG) from the processing plant at Melkøya.Askeladd Vest consists of two…
ExxonMobil has made a final investment decision for the Hammerhead development offshore Guyana, after receiving the required regulatory approvals. Hammerhead, the seventh project on the Stabroek block, is anticipated to come online in 2029.The…
U.S. oil major Chevron is in early-stage talks to explore opportunities in European regasification terminals, as part of its strategy to expand its global presence in the liquefied natural gas market, a senior executive told Reuters.The U.S…
Sean Fraser, Canada’s Minister responsible for the Atlantic Canada Opportunities Agency, has announced that strategic direction has been given to the Canada–Nova Scotia Offshore Energy Regulator as a next step toward realizing Canada’s first-ever offshore wind project…
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