The Chouest Group announced it has completed the acquisition of the Alliance business from Helix Energy Solutions Group. Alliance will be integrated into Champagne Energy Solutions (CES), expanding the Group’s offshore decommissioning and plug & abandonment (P&A) platform…
Exxon Mobil beat estimates for adjusted earnings on Friday, helped by higher output in Guyana and the Permian Basin, though unadjusted profit dropped to its lowest level in five years due to global supply disruptions from the Iran warthat the company's CEO cautioned could worsen in coming months…
Ecopetrol has signed a share purchase agreement to acquire about 26% of Brava Energia and plans to launch a tender offer to gain majority control of the company.The agreement covers the purchase of 120,813,490 common shares from a group of selling shareholders…
Workers at Inpex’s Ichthys liquefied natural gas facility in Australia have voted in favour of strike action over pay and conditions, union group the Offshore Alliance said on Friday, in a decision that could exacerbate already tight energy supplies globally…
Malaysia-based offshore support vessel (OSV) provider Nam Cheong has sold two vessels for $36.7 million, including its first newbuild sale in more than a decade.The transactions include a newly built multi-purpose support vessel (MPSV) and a 120-tonne anchor handling tug supply (AHTS) vessel…
A federal judge on Tuesday blocked President Donald Trump's administration from enforcing a series of permitting policies that wind and solar energy industry groups say have stymied the development of new energy generation projects.Chief U.S…
ABL Group, via its Egypt-based units, has signed a memorandum of understanding (MoU) with PetroSafe to collaborate on onshore and offshore technical services for energy assets in Egypt.The agreement covers offshore and onshore facilities and…
A group of European offshore wind and marine engineering companies has launched a consortium to develop technology aimed at reducing underwater noise from offshore construction.The Searénité consortium brings together Chantiers de l’Atlantique…
Offshore services firm Tekmar Group has secured two contracts worth a combined $2.6 million (£2 million) for an offshore wind farm project in Japan.The main contract involves the supply of Tekmar’s 10th generation cable protection technology directly to the wind farm developer…
Record output from wind farms has helped boost total clean power supplies in the United Kingdom to new highs so far in 2026, and allowed power firms to pare use of fossil fuels to multi-year lows.The growth in wind output has helped shield the UK power system from the worst effects of the U…
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