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Sevan Louisiana semi-sub (for illustration purposes); Source: Seadrill
Project & Tenders

US offshore rig count moves up a step

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States climbed a notch last week.

about 3 years ago
FPSO Liza Destiny operating off Guyana; Source: ExxonMobil
Project & Tenders

ExxonMobil and Chevron join European oil majors in posting steep fall in profits

While Chevron and ExxonMobil recorded strong performance in 2Q 2023, this still represents a sharp decrease year-over-year.

about 3 years ago
Åsgard B platform; Credit: Øyvind Hagen/Equinor
Project & Tenders

‘Major’ modification work at Norwegian offshore platform is a go

Norwegian offshore safety regulator has given Equinor consent to carry out modifications at a platform operating on a field in the Norwegian Sea.

about 3 years ago
Askeladden rig; Source: Equinor
Project & Tenders

Equinor receives nod for North Sea drilling ops

Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway, using a KCA Deutag Drilling-managed rig.

about 3 years ago
Illustration; Source: Eni
Project & Tenders

Eni’s profit cut nearly in half but progress made on enlarging natural gas portion of global portfolio

Eni has revealed solid performance in 2Q and 1H 2023, despite its results being affected by a steep drop in oil and gas prices.

about 3 years ago
Pipes for second phase of giant Black Sea gas project to come from Italy
Project & Tenders

Pipes for second phase of giant Black Sea gas project to come from Italy

Luxembourg-headquartered manufacturer of pipes and related services Tenaris has secured a contract to supply products for a giant natural gas project in the Black Sea in Türkiye. Tenaris will supply pipes and services for phase II-A of the Sakarya gas field development, operated by Turkish Petroleum

about 3 years ago
TechnipFMC breaks subsea order records, expects to reach $9 billion in 2023
Project & Tenders

TechnipFMC breaks subsea order records, expects to reach $9 billion in 2023

TechnipFMC has received $4.1 billion in subsea inbound orders in the second quarter of 2023, a 62.2% increase compared to Q1 2023 and a 113.4% increase compared to the same period in 2022. Records were set for the company’s iEPCI full-field subsea development and integrated project execution and Sub

about 3 years ago
Paul B. Loyd Jr. rig; Source: Transocean
Project & Tenders

Fleet expansion with two Transocean rigs represents harbinger of growth for Dolphin Drilling

Dolphin Drilling regards its acquisition of two semi-submersible rigs from Transocean as the herald of further growth not just in the UK but also on the global stage.

about 3 years ago
Illustration; Source: Shell
Project & Tenders

As oil & gas prices tumble down from 2022 highs, Shell’s profit follows suit

Shell’s profit has been cut by more than half year-on-year, compared to the record high levels reported last year.

about 3 years ago
TotalEnergies
Project & Tenders

TotalEnergies’ profit hit by downturn in oil & gas prices but multi-energy model saves the day

TotalEnergies has disclosed strong results for the second quarter and first half of 2023, thanks to its multi-energy strategy.

about 3 years ago
Ireland plans interconnector expansion to EU and UK, aiming to become renewable energy exporter
Project & Tenders

Ireland plans interconnector expansion to EU and UK, aims to become renewable energy exporter

The Irish government has approved a new policy statement on electricity interconnections which will see Ireland explore new interconnection opportunities with Spain, Belgium, and the Netherlands, as well as further connections to Great Britain and France. The National Policy Statement on Electricity

about 3 years ago
EC approves Germany’s €40M support measure for Brunsbüttel LNG terminal
Project & Tenders

EC approves Germany’s €40M support measure for Brunsbüttel LNG terminal

The European Commission (EC) has approved a €40 million German support measure for the construction and operation of a new land-based LNG terminal in Brunsbüttel which will replace the FSRU currently operating at the site. The terminal with an annual capacity of 10 billion cubic meters will comprise

about 3 years ago
Nigerian LNG’s expansion project in Bonny gains ground
Project & Tenders

Nigerian LNG’s expansion project in Bonny gains ground

In a stride towards enhancing Nigeria’s natural gas processing and export capacity, Onne Multipurpose Terminal (OMT), in collaboration with Horatio, Chairborne Global Services, Kerry Logistics and IO Materials Services, recently facilitated the unloading of essential project modules for Nigerian LNG

about 3 years ago
Fugro delivers on mid-term targets with offshore wind activities leading the way
Project & Tenders

Fugro delivers on mid-term targets with offshore wind activities leading the way

Fugro has reported a revenue of over €1 billion for the first half of 2023, representing a 24.1% growth from €833 million in the first half of 2022, said to be due to continued high client demand in energy markets, in particular for offshore wind site characterization solutions and related nearshore

about 3 years ago
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