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).
Once again we have witnessed a busy week with many exciting developments in the renewable and clean energy sector, including the multi-billion-euro TenneT offshore power cable deals. Supporting energy transition in Europe, TenneT awarded NKT, Nexans, and a consortium of Jan De Nul, LS Cable, and Den
Two oil majors, Shell and ConocoPhillips, have joined their peers in posting 1Q 2023 results, which were hampered by lower oil & gas prices.
Dry bulk shipping company Eagle Bulk has acquired two high-specification, 2020-built scrubber-fitted Ultramax bulk carriers for $60.2 million. These vessels, renamed the Halifax Eagle and Vancouver Eagle, are expected to be delivered during the second quarter, and will enhance the company’s fleet of
Overseas Shipholding Group (OSG), a major American shipping company, has launched efforts to explore the potential of carbon capture and storage as part of its GHG emission reduction strategy. To that end, OSG has established a new subsidiary, Aptamus LLC in Delaware, which will focus on investing i
Captura, a carbon removal company founded at Caltech, has partnered with AltaSea at the Port of Los Angeles to install its newest ocean carbon removal system.
Noble has won new contracts and extensions for multiple rigs in Guyana, Colombia, the U.S. Gulf of Mexico, and offshore Sarawak, Malaysia.
Electrofuels provider Infinium has manufactured a ton of its proprietary, patented CO2 conversion catalyst at its facility in West Sacramento, California, US. According to Infinium, its catalyst is a critical component in the creation of electrofuels (eFuels), a new class of synthetic fuels that rep
BP, TotalEnergies, Eni, ExxonMobil and Chevron have revealed strong operating and financial performance in the first quarter of 2023.
Marine renewable energy developer ORPC has signed a contract with Shell Technology – Marine Renewable Program to initiate a modular RivGen power system demonstration project in the Lower Mississippi River. ORPC said that the collaborative project represents an opportunity to showcase how the next ge
Glenfarne Energy Transition, a wholly owned subsidiary of Glenfarne Group, has announced the execution and launch of a collaboration agreement with Samsung Engineering, an EPC&PM company, to complete feasibility studies for multiple green hydrogen and ammonia projects in Chile as part of Glenfarne’s
