European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have posted strong sets of results even though they collected around $4.7 billion less in combined profit during th
Vast Renewables has signed a development services agreement with GGS Energy to pursue methanol production in the Southwest United States (U.S.).
ExxonMobil is going in hot pursuit of more hydrocarbons in the Stabroek block off the coast of Guyana thanks to ongoing drilling operations, which are being carried out with drillships owned by Noble Corporation.
Saudi Arabia-based Hassana Investment Company and U.S.-based EIG have signed a memorandum of understanding (MoU) to collaborate on infrastructure and energy transition projects in the Middle East.
Acteon, through its Moorings and Anchors business line InterMoor, has partnered with the U.S.-based Applied Fiber under a memorandum of understanding (MoU) to advance mooring solutions across global offshore sectors, from oil and gas to floating offshore wind. The MoU is expected to see the partners
U.S. and German governments are supporting two projects that have a mutual goal of developing a low-cost subsea energy storage technology that supports electrical grid decarbonization with funding of $7.7 million. The U.S. Sperra, dedicated to pioneering the next generation of renewable energy solut
South Korea’s shipbuilder Hanwha Ocean has received approvals in principle (AIP) for the preliminary front-end engineering design (pre-FEED) of a standard floating production storage and offloading (FPSO) facility from two classification societies, the United States’ ABS and France’s BV.
The Hawaiʻi Department of Transportation (HDOT) will receive $59.2 million from the U.S. Environmental Protection Agency’s (EPA) Clean Ports Program to support the state’s climate adaptation and air quality planning efforts.
The Port of Vancouver USA has secured ‘substantial’ federal funding from the U.S. Environmental Protection Agency (EPA) for technologies as well as related infrastructure that could ‘improve’ the port’s operational capabilities while cutting down on harmful emissions. As disclosed, the port has been
Houston-based oil and gas player Coterra Energy and energy and commodities company Vitol have signed a long-term liquefied natural gas sale and purchase agreement (SPA).
U.S. offshore engineering and construction firm McDermott has secured classification from the American Bureau of Shipping (ABS) for its pipelay vessel that recognizes its environmental performance, including energy efficiency, waste management, emissions reduction, and coastal ecosystem preservation
ORPC Ireland has deployed and started real-sea testing of a next-generation marine hydrokinetic turbine at Northern Ireland’s Strangford Lough tidal test site. This marks ORPC Ireland’s first European deployment after 17 previous setups in North America. The testing is part of the X-Flow project, le
