EnerMech has secured a multi-year contract to provide topside process and shutdown services across the offshore asset portfolio of a leading North Sea operator, expanding a partnership that has spanned more than a decade.The award is the second…
An ExxonMobil-led joint venture has recovered the billions of dollars it invested to develop a large oilfield in Guyana, its chief financial officer told Reuters, and the South American country will now receive more oil money.Guyana's Stabroek Block…
BP has launched a process to market its North Sea business for a potential sale as part of its ongoing portfolio review.The company said the decision reflects its disciplined approach to capital allocation and forms part of its strategy to create a simpler…
Seatrium Offshore Renewable Services (ORS) has begun construction of a new operations hub in the UK to expand its offshore wind capabilities and support a growing pipeline of renewable energy projects across Europe.The new facility in Lowestoft…
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