TechnipFMC has secured a “large” contract by ExxonMobil to deliver a subsea production system for a recently sanctioned oil development project in Stabroek block offshore Guyana. Under the contract awarded by ExxonMobil affiliate Esso Exploration and Production Guyana, TechnipFMC will provide projec
South Korea’s shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) is set to undergo a significant transformation under the Hanwha Group. The company will soon be rebranded as Hanwha Ocean, marking a new era for the organization. In an extraordinary board meeting held on May 8, it was
QatarEnergy has entered into two production sharing contracts (PSCs) for two blocks offshore Suriname, following successful bids for these blocks.
Shell has awarded a green recycling LNTP agreement to Modern American Recycling Services, Europe (M.A.R.S.) for an FPSO working off Brazil.
Africa is lagging behind in its digital uptake, which is putting at risk its ambition to become a gas-powered economy by 2030.
Equinor has made a final investment decision for an oil and gas project in the Campos Basin offshore Brazil.
A new FPSO unit for Petrobras’ revitalisation project in Campos Basin offshore Brazil, has started production.
Baker Hughes’ international rig count report indicates that the number of offshore rigs lost its forward momentum.
The Biden-Harris Administration has decided to invest $4 billion as part of Investing in America agenda to boost the electrification of the US ports.
NKT has secured a final order for one of the 400 kV high-voltage power cable systems for the Biscay Gulf Interconnector, with an order value exceeding €600 million.
MODEC is moving to the engineering, procurement, construction, and installation (EPCI) phase for ExxonMobil’s FPSO destined to work in Guyana.
Murphy Oil started drilling its second well in the U.S. Gulf of Mexico, after making a new oil discovery at its first prospect in 2023.
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States climbed up a step last week.
Shell has hired Australia’s engineering company Worley to support its deepwater development project in the U.S. Gulf of Mexico (GOM).
