Chevron and ExxonMobil have revealed high profits in 3Q of 2022, driven by elevated energy prices and higher oil and gas production.
North America’s clean fuel supplier JAX LNG has completed its first ship-to-ship liquefied natural gas (LNG) bunkering of NYK Line’s pure car and truck carrier (PCTC) Sakura Leader. The company, a joint venture between NorthStar Midstream and Pivotal LNG, said that the refueling operation marked the
Fugro has reported a revenue of €480.2 million for the third quarter of 2022, an increase of 17.4% compared to €378 million in Q3 2021, said to be supported by high demand for offshore wind solutions. The increase in revenue was fuelled by ongoing high client demand across markets, most notably rene
Equinor has recorded “strong financial results” in 3Q of 2022 thanks to increased output, primarily gas, and elevated energy prices.
Project developer of the EuroAsia Interconnector and the Cypriot and Israeli delegations have met in Nicosia, Cyprus, to discuss the electricity link that will connect Israel, Cyprus, Greece and continental Europe. A delegation of the Israeli and Cypriot Ministries of Energy, the Israeli and Cypriot
QatarEnergy and ExxonMobil have agreed to independently market liquefied natural gas (LNG) produced at their joint venture Golden Pass LNG Terminal in Sabine Pass, Texas. As explained, the companies will better serve their downstream customers while meeting increased global demand. ExxonMobil affili
Saipem has posted the highest quarterly revenue since the fourth quarter of 2015, driven by sizeable awards for its offshore business.
Fugro has launched its Blue Essence uncrewed surface vessel (USV) in Abu Dhabi, said to be the region’s first such vessel. The 12-meter USV was launched at Mugharraq port and sailed to its new home in Al Mirfa by Fugro’s control and command center in the UAE. The Al Mirfa port will be the home to th
Transocean has revealed that its first 8th-generation drillship has just started its inaugural contract in the Gulf of Mexico.
Offshore Energy Exhibition & Conference 2022, coming up on 29 and 30 November in Amsterdam, will feature a Hydrogen Area for the first time, with TotalEnergies, Strohm, Green Team Twente, Shell, and TU Delft Hydro Motion Team set to join this inaugural moment for Offshore Energy and Navingo BV.
TotalEnergies has strengthened its balance sheet and doubled its profit in the third quarter of 2022 on a year-on-year basis.
NKT has completed the construction of the second extrusion tower for high-voltage power cables at its factory in Karlskrona, Sweden. NKT can now start manufacturing high-voltage power cables in the new tower, designated as NKT Lighthouse, in the fourth quarter of the year. The 150-meter tall tower i
Shell has recorded higher profits in 3Q 2022 on a year-on-year basis thanks to higher gas prices and increased volumes from deepwater assets.
Shell will explore carbon transport and storage options in Brunei & Singapore, which could be part of a potential CCS hub in Southeast Asia.
