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ExxonMobil taps French pipe supplier for its sixth oil development off Guyana
French provider of tubular solutions Vallourec has secured a contract with ExxonMobil to deliver pipe for a deepwater oil development located offshore Guyana. The contract for the deepwater Whiptail project represents the fourth major order in the framework of the long-term agreement (LTA) signed in
European Commission and Saudi Arabia eyeing energy cooperation
European Commission and Saudi Arabia have held talks in view of a Saudi-EU memorandum of understanding (MoU) on energy cooperation.
Perenco plans to revitalize oil fields offshore Brazil once it takes over two assets from Petrobras
Perenco has unveiled a redevelopment plan for two oil assets in the Campos Basin off the coast of Brazil, which the firm will acquire from Petrobras.
BP shuts down oil production at offshore platform in Azerbaijan
BP has temporarily stopped production from one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaijan.
Dip in gas prices takes its toll on profit but multi-energy recipe still comes through for TotalEnergies
TotalEnergies has set its cap on pursuing a balancing act between hydrocarbons and low-carbon and green sources of supply, which cushioned the fall in profit due to the downward trend in gas prices.
Activists go toe to toe with Big Oil in court to challenge Trump-era Gulf of Mexico drilling allowance
Earthjustice, a nonprofit environmental law organization, is preparing once again to fight tooth and nail to overthrow a Trump-era allowance in court.
Höegh Autoliners doubles biofuel use in 2023
Norway-based shipping company Höegh Autoliners has doubled its biofuel usage from 2022 to 2023 in response to growing demand for green transportation.
Tokyo Gas sells interests in four Australian LNG projects to make room for further energy transition investments
Tokyo Gas has sold minority interests in four LNG projects offshore Australia, with law firm Norton Rose Fulbright acting as legal counsel.
MOL’s Aramo Shipping welcomes LPG dual-fuel LPG/ammonia carrier
Aramo Shipping (Singapore), a group company of Japanese shipping major Mitsui O.S.K. Lines (MOL), has taken delivery of a liquefied petroleum gas (LPG) dual-fuel LPG/ammonia carrier from compatriot shipyard Namura Shipbuilding.
Hygen picks ITM Power’s electrolyzers for hydrogen projects across Europe
Hygen Energy has appointed ITM Power as a preferred supplier of PEM electrolyzers for hydrogen projects within the UK and across wider Europe.
Van Oord christens fifth USV as new CEO takes over
Van Oord has held the christening ceremony for its fifth unmanned autonomous survey vessel (USV), developed jointly with DEMCON Unmanned Systems. The VO:X Barentsz USV came after Van Oord’s in-house survey department and DEMCON Unmanned Systems jointly developed and operated four USVs in the past ye
Minesto CEO: Q1 2024 lays foundation for path to commercial tidal energy array buildout
Swedish tidal energy developer Minesto has reported a total operating income of approximately SEK 6.8 million (around €582,255) for Q1 2024, a quarter the company said has laid the foundation for the path toward the buildout of commercial arrays. The total operating income saw a decline from SEK 12.
D’Amico back at Jiangsu New Yangzi for two more eco LR1 tankers
D’Amico Tankers, part of Italian shipping company d’Amico International Shipping (DIS), has returned to Chinese shipyard Jiangsu New Yangzi Shipbuilding with an order for two additional long-range (LR1) eco tankers.
‘Largest’ oil export project in US waters greenlighted: Smooth sailing or more legal action on the horizon?
A deepwater port license has been issued for a project that is said to be the largest oil export project in U.S. history.