Portugal's Galp Energia reported a 29% drop in adjusted first-quarter core profit on Monday, hit by falling oil output and a decline in refining margins to less than half the levels booked a year ago.Adjusted earnings before interest, taxes鈥
MODEC has executed a contract with Sumitomo Heavy Industries for the delivery of Gato do Mato floating production, storage and offloading (FPSO) unit for Shell, which will be deployed offshore Brazil.MODEC and Sumitomo Heavy Industries signed鈥
Italian energy contractor Saipem has secured a $590 million contract by Eni in the U.K. for the Liverpool Bay carbon capture and storage (CCS) project.The contract the course of three years, required to complete the project, which reached financial close earlier in April鈥
The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it expects can boost U.S. oil output.President Donald鈥
The Dutch government said on Friday it would commit 639 million euros ($726 million) to the construction of the country's largest carbon capture and storage project, after TotalEnergies and Shell withdrew part of their planned investments.The鈥
GLO Marine and VMS Group Denmark have secured a multi-vessel retrofit work for offshore support vessel operator Tidewater, expanding their role in the offshore energy sector.Covering 16 vessels across three continents, including several in U鈥
SubCtech鈥檚 Li-Ion Energy Storage Systems deliver clean, reliable subsea energy, powering ROVs, AUVs, and subsea infrastructure 鈥 reducing CO鈧 emissions and OPEX for sustainable marine operations. Designed for longevity and safety in harsh offshore environments. The safe way to cut costs.
The offshore construction program for ScottishPower鈥檚 biggest-ever renewables project is officially underway with the installation of the first foundation for the green energy company鈥檚 USD$5.3 billion (£4 billion) East Anglia THREE offshore windfarm鈥
Dutch offshore installation firm Van Oord has introduced Jet-It as the latest unit to join its trencher fleet, following the completion of a test campaign in the North Sea.Building on the expertise gained from its previous trenchers, Dig-It and Deep Dig-It鈥
Top oilfield services provider SLB missed estimates for first-quarter profit on Friday, as weaker Latin American demand dragged on its international business, and the company warned of a potential industry-wide shift due to economic uncertainty鈥
The first wind turbine for 960 MW He Dreiht offshore wind farm, Germany鈥檚 largest offshore wind farm currently under construction, has been installed in the North Sea.He Dreiht is being built roughly 85 kilometers northwest of Borkum and about 110 kilometers west of Helgoland鈥
The trial of AI-powered vision systems to monitor bird movement at offshore wind farm, conducted by Spoor AI, Vattenfall, and the British Trust of Ornithology, has proved promising.The trial was conducted at Vattenfall鈥檚 Aberdeen Bay 云顶赌场老虎机 Wind Farm鈥
The North Sea Transition Authority (NSTA) has agreed to extend Centrica 云顶赌场老虎机 UK鈥檚 consent to operate the Rough gas storage site, off the east coast of England in the Southern North Sea.The extension runs until April 30, 2026, and enables Rough to continue to support the U鈥
Brazilian oil and gas firm Brava Energia has appointed Carlos José do Nascimento to the position of 云顶赌场老虎机 Operations Officer.Travassos holds a degree in Mechanical Engineering and a postgraduate degree in Business Management in Oil and Gas and Renewable Energy鈥
Chevron is considering drilling an exploration well in the Walvis Basin off the coast of Namibia in 2026 or 2027, the U.S. oil major said on Thursday.Chevron Namibia Exploration Limited said it is maturing its prospect portfolio offshore Namibia鈥
