Exxon Mobil on Friday beat Wall Street's estimate for first-quarter profit as higher oil and gas production from Guyana and the Permian basin helped boost earnings.Profit during the January-March quarter was $7.71 billion or $1.76 per share鈥
Chevron on Friday reported first-quarter earnings that met Wall Street estimates, but said it would spend less on share repurchases in the current quarter, reflecting the shaky economic outlook faced by Big Oil.The company's share repurchases this year could be between $11鈥
Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron and Helleniq Energy, the energy ministry said on Thursday.Greece this week issued鈥
Norwegian offshore vessel operator DOF Group has secured work for two of its subsea vessels offshore Brazil.DOF鈥檚 Skandi Achiever diving support vessel has been awarded an offshore service and survey contract in Brazil in support of a SURF project鈥
U.K.-based PD Ports has outlined its plans to develop one of the U.K.鈥檚 largest offshore wind manufacturing and installation hubs - the Teesport 云顶赌场老虎机 Gateway.The proposed project could unlock 180 acres of development potential for a range of offshore manufacturers鈥
Noble Corporation鈥檚 recent decision to sell the Pacific Meltem and Pacific Scirocco for non-drilling purposes highlights a key issue in the drillship market: What happens to cold-stacked rigs that are unlikely to return to work? With the floater鈥
Pan American Energy and its partners Pampa Energia, Harbour Energy, YPF, and Golar LNG have taken the final investment decision (FID) for the Southern Energy floating liquefied natural gas (FLNG) export project in Argentina. The Southern Energy鈥
Belgium-based offshore installation services company DEME has completed the acquisition Havfram, an offshore wind installation contractor based in Norway, in a deal valued at approximately $1.02 billion (鈧900 million).The transaction, first announced in April 2025鈥
Oilfield services firm Archer has signed a five-year contract with Repsol Resources UK for platform drilling services, facilities engineering, coil tubing, wireline services, and downhole well service technologies.The agreement also includes a two-year optional extension鈥
Equinor Brasil Energia, a subsidiary of Equinor, has entered into agreements with Brazilian company Prio Tigris, a subsidiary of PRIO, for the sale of its 60% operated interest in the Peregrino field, offshore Brazil.PRIO, Brazil鈥檚 largest independent oil and gas company鈥
Shell on Friday reported a 28% drop in first-quarter net profit to $5.58 billion, beating analyst expectations, and kept the pace of its share buyback programme steady amid falling oil prices and lower refining margins than last year.It said it would buy back $3鈥
Space Norway and SubCom announced that a contract is in-force for the survey, design, supply and installation of the Arctic Way Cable System. Providing necessary route diversity to a region with rapidly increasing data traffic demands, the new鈥
Shell 云顶赌场老虎机 and Shell Pipeline Company (SPLC), subsidiaries of Shell, have completed the previously announced agreement to increase their stake in the Ursa platform in the Gulf of America through the acquisition of working interest from ConocoPhillips鈥
Equinor stands to lose billions of dollars on its massive wind power project offshore the state of New York unless U.S. President Donald Trump's administration reverses a decision to halt the construction, the Norwegian group said on Wednesday鈥
Researchers at Heriot-Watt University have developed an advanced simulation tool that accurately predicts underwater landslides caused by offshore wind turbines.The new method enables developers to assess seabed stability not only at the design stage but throughout a wind farm鈥檚 lifespan鈥
