U.S.-based Fieldwood Energy has filed for Chapter 11 bankruptcy as part of its efforts to restructure the company.
The Danish entity of French oil major Total has extended the contracts for Havila Shipping’s two platform supply vessels (PSVs).
Nikkiso Cryogenic Industries has been contracted to supply all the cryogenic pumps in a major liquefaction terminal under construction in Russia.
Global offshore wind capacity will surge to over 234 GW by 2030, led by exponential growth in the Asia-Pacific region and continued strong growth in Europe, according to a new report from the Global Wind Energy Council (GWEC). More than 205 GW of new offshore wind capacity will be added globally by
Following record losses in the second quarter of 2020 and the first dividend cut in a decade, BP revealed parts of its new strategy that would reshape the company from an international oil company to an integrated energy company.
Fincantieri and Saipem have signed a memorandum of understanding to promote the development of deep-seabed mining (DSM). Specifically, this deal sets the ground in the field of designing, engineering, building and managing DSM systems. Deep-sea floors are rich in minerals, mostly sulphides, cobalt c
UK oil major BP has cut its dividend for the first time since the Deepwater Horizon disaster after record losses in the second quarter of 2020.
UK-based tech firm SRO Solutions has replaced asset management software systems on six Stena Drilling offshore rigs.
ST Engineering Halter Marine and Offshore, a company of ST Engineering North America, has installed a 215 mt NOV passive heave compensator on Diamond Offshore’s Ocean BlackLion drillship.
A green energy transition will require the industry to make real progress in reducing its carbon footprint.
The US Department of Energy’s (DOE) Water Power Technologies Office (WPTO) and the National Renewable Energy Laboratory (NREL) have launched the Science, Technology, Engineering, and Math (STEM) education portals for water power technologies. Water power is a flourishing segment of the renewable ene
Oil and gas exploration firm Neptune Energy has stated that it made the largest oil discovery in Norway so far this year with its Dugong well in the Norwegian sector of the North Sea.
Block 58 offshore Suriname has again come under the spotlight since state-owned oil company Staatsolie is considering farming into the block where Apache last week hit its third discovery.
LNG tech specialist, Air Products, has been selected to provide its equipment for the first phase of Qatar Petroleum’s LNG production expansion project.
