Italian oil and gas company Eni has started the first production at its operated field off Mexico, using the FPSO Miamte.
Oil prices soared on Thursday with Brent surging over the $100 barrel mark for the first time in eight years.
Energy industry leaders believe the energy transition is accelerating and that 2022 is set to be a strong year for growth, DNV has said.
TechnipFMC has gathered over $6.7 billion in inbound orders in the financial year 2021, a 33.4% increase from the $5 billion in 2020, according to the company’s latest results. The company’s chair and CEO Doug Pferdehirt said that 2021 was a breakout year for TechnipFMc as the full-year adjusted EBI
EDP Renewables (EDPR) has met all regulatory conditions to acquire a 91% stake in Sunseap, the largest distributed solar power operator and the fourth largest solar power operator in Southeast Asia.
Dutch marine biofuels supplier GoodFuels has opened its office in Singapore to serve demand for sustainable marine biofuel in the Asia-Pacific region.
AET has revealed and named the first of the two dual-fuel VLCCs built for a long-term charter with TotalEnergies.
U.S. LNG project developer Tellurian ended 2021 with a loss of $114.7 million (28 cents per share), a lower net loss than in 2020, preparing to start construction of its Driftwood LNG export facility in April.
APA Corporation has appointed a former chairman and Chief Executive Officer (CEO) of Noble Energy to its board of directors.
Wheels are in motion for the Equinor-operated Rosebank project located West of Shetland, one of the largest undeveloped fields on the UKCS.
Rystad Energy expects the gas output from Sub-Saharan Africa to double by 2030, driven by the development of offshore deepwater resources.
3D at Depth has received a new patent, Systems and Methods for Monitoring Underwater Structures, from the U.S Patent and Trademark Office. The patent’s focus is predominantly on leak detection and identifying changes to surfaces and volumes on and around underwater assets via 3D at Depth’s patented
Seadrill has emerged from Chapter 11, a little over a year after filing for it. This was its second bankruptcy in about four years.
The latest thinking of the team behind the UK’s refreshed shipbuilding strategy, which is expected to include a multi-billion pound vessel pipeline due to be built over the next 30 years, will be discussed at the annual conference held by the Society of Maritime Industries (SMI).
