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ExxonMobil launches new low-carbon business

U.S. oil major ExxonMobil has created a new business named ExxonMobil Low Carbon Solutions to commercialise its extensive low-carbon technology portfolio. The post ExxonMobil launches new low-carbon...

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Aker Solutions taps Strohm for TCP jumpers off Malaysia

Thermoplastic composite pipe (TCP) specialist Strohm has secured a contract with Aker Solutions to […] The post Aker Solutions taps Strohm for TCP jumpers off Malaysia appeared first on Offshore Energy.

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Maersk Supply Service gets new CFO

Danish offshore vessel provider Maersk Supply Service has named a new chief financial officer (CFO) of the company with effect from 15 March 2021. The post Maersk Supply Service gets new CFO appeared...

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Three60 Energy scores duty holder deal for Galoc field FPSO

Energy services group Three60 Energy has been awarded a contract for the provision of duty holder O&M services to the FPSO Intrepid offshore the Phillippines. The post Three60 Energy scores duty...

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Watch: MDL wraps up SURF lay project offshore China

MDL horizontal lay system was used for the overside installation of power cables in […] The post Watch: MDL wraps up SURF lay project offshore China appeared first on Offshore Energy.

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ExxonMobil swings to loss amid ‘the most challenging conditions’ ever

ExxonMobil booked a $20.1 billion loss in the last quarter of 2020 compared to a profit in the same period of 2019 due to massive impairments. The post ExxonMobil swings to loss amid ‘the most...

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Lower prices push ConocoPhillips into the red

Oil major ConocoPhillips went from black to the red in the last quarter of 2020 compared to the prior-year period due to lower prices and volumes. The post Lower prices push ConocoPhillips into the red...

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Inpex takes more interest in two Gulf of Mexico fields

Japan's Inpex Corporation has acquired an additional interest in Lucius and Hadrian North fields located in the U.S. Gulf of Mexico. The post Inpex takes more interest in two Gulf of Mexico fields...

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TMC to supply compressors for Equinor’s Bacalhau FPSO

Norwegian TMC Compressors has been contracted to supply the marine compressed air system to the Bacalhau FPSO that is being built for Equinor. The post TMC to supply compressors for Equinor’s Bacalhau...

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Shell, C3 AI, Baker Hughes, and Microsoft roll out Open AI Energy Initiative

Shell, C3 AI, Baker Hughes, and Microsoft have launched the Open AI Energy Initiative […] The post Shell, C3 AI, Baker Hughes, and Microsoft roll out Open AI Energy Initiative appeared first on...

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Sparrows lands five-year contract renewal in North Sea

Sparrows Group has been awarded a five-year contract renewal with a UKCS operator to continue supporting its production across two assets. The post Sparrows lands five-year contract renewal in North...

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Stena Drilling in push to decarbonise exploration drilling

Stena Drilling has entered into a strategic framework agreement for decarbonisation exploration with dCarbonX for the development of “geoenergy” resources. The post Stena Drilling in push to...

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Three players develop green solution to cut emissions in drilling operations

A collaborative, green solution developed by COSL Drilling Europe, Kongsberg, and NOV is poised to generate savings in offshore drilling operations. The post Three players develop green solution to cut...

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Offshore EPC awards set for rebound in 2021

Outlook for the offshore engineering, procurement and construction (EPC) market in 2021 looks promising, […] The post Offshore EPC awards set for rebound in 2021 appeared first on Offshore Energy.

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Valaris drillship breaks free from moorings off Scotland

A Valaris-owned drillship has reportedly broken free from moorings at a port in Scotland prompting the need for a rescue operation. The post Valaris drillship breaks free from moorings off Scotland...

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Stena Drilling orders MPD system for another drillship

Offshore drilling contractor Stena Drilling has ordered a fourth managed pressure drilling (MPD) system for the Stena Forth drillship. The post Stena Drilling orders MPD system for another drillship...

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3D Oil identifies potential leads in Gippsland Basin

Australian oil company 3D Oil has identified four potential leads holding a best estimate prospective resource of 370 million barrels of oil equivalent in the Gippsland Basin. The post 3D Oil...

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TechnipFMC and Technip Energies set off as independent entities

TechnipFMC today officially completed its spin-off transaction to create two independent, publicly traded companies, […] The post TechnipFMC and Technip Energies set off as independent entities...

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Kværner orders slipform systems for Hywind Tampen floating wind farm

Kværner has selected German engineering company Dominion for the design, supply, and supervision services […] The post Kværner orders slipform systems for Hywind Tampen floating wind farm appeared...

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Save the date for Offshore Energy Exhibition & Conference 2021

Offshore Energy Exhibition and Conference (OEEC) will take place in Amsterdam RAI on Tuesday 26 and Wednesday 27 October 2021. The 14th edition of OEEC will have a physical exhibition floor and content...

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