Norwegian engineering company Aibel has been awarded a front-end engineering and design (FEED) contract for the topsides of the planned Wisting production vessel, as the Equinor-led partnership advances work towards a potential investment decision for the Barents Sea development.The contract covers engineering and further development of the topsides design to provide a basis for deciding whether to proceed with the project…
A memorial service for Sir lan Wood, Scottish industrialist, philanthropist and public servants, was held earlier today, Friday, October 23, in Aberdeen. It was attended by over 300 people, including Sir lan's immediate family, friends and former…
XRG, the international investment arm of Abu Dhabi National Oil Company (ADNOC), is in talks with Eni about potentially buying a stake in the Italian company's oil and gas business in Libya, two people familiar with the matter said.Negotiations…
Norwegian engineering and technology company Techouse has agreed to acquire offshore potable water services specialist Ambio Water, expanding its water treatment business following a separate acquisition agreement announced earlier in October…
Oil prices rallied over $2 a barrel on Thursday after more Houthi attacks in Saudi Arabia stoked concerns over a broader escalation of conflict and further disruptions to crude supplies from the world's key exporting region.Brent crude futures LCOc1 climbed$2…
Chevron is exploring the sale of some of its older oil and gas assets in the US Gulf, the company confirmed to Reuters, part of an effort to focus on high-growth developments in the region.The energy producer is in the early stages of a multi…
Woodside Energy has suspended pre-commissioning activities at its Scarborough gas project's floating production unit (FPU) offshore Western Australia following a Greenpeace protest that saw two activists occupy the facility for two days before being taken into police custody…
Türkiye will deploy its first floating gas production platform, Osman Gazi, to the Sakarya gas field in the Black Sea on October 17, aiming to more than double domestic gas production to 20 million cubic meters per day, the country's Ministry of Energy and Natural Resources said…
ExxonMobil has told Guyana it will need more offshore gas to maximize oil production than the government had expected, potentially leaving less for liquefied natural gas production and exports, two people close to the talks said.Guyanese officials…
Oil prices oscillated on Monday as the market considered possible further supplies after US President Donald Trump hailed fresh Russian diesel exports against supply-constricting signals after major attacks on Saudi Arabia.Retracing earlier losses…
Several top energy executives were dropped from the schedule of the WPC Energy Congress in Riyadh, as Saudi authorities pressed ahead with the event despite deadly attacks on the capital claimed by Yemen's Iran-aligned Houthis.The chief executives of ExxonMobil…
Oil prices settled lower on Wednesday following a choppy session after the International Energy Agency agreed to speed up a release of oil stocks and prioritize diesel in a bid to curb record-high fuel prices as the Iran war squeezes global supplies…
The US Environmental Protection Agency said on Wednesday it would soon propose scrapping a Biden-era rule aimed at curbing large leaks of methane from oil and gas operations.The move is part of a broad Trump administration effort to slash regulations…
Solstad Offshore has exercised an option to purchase the construction support vessel (CSV) Normand Maximus for $125 million via its subsidiary, with the acquisition scheduled to be completed in October 2027.Solstad Offshore’s subsidiary Normand Maximus declared the purchase option on October 6…
Drilling waste management specialist TWMA has secured a multi-million-dollar contract from an unnamed North Sea operator to provide offshore drilling waste management services for a multi-well campaign in the UK North Sea.The contract, awarded under an existing agreement…
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