Suriname's state-run oil company Staatsolie said on Nov. 20 that U.S. oil giant Exxon Mobil has withdrawn from its offshore block 52, and block operator Petronas Suriname E&P will take over its 50% stake.
Fugro’s remote operations center allows operators to accomplish the same tasks they’ve done on vessels while being on land.
SBM will construct and install a floating production, storage and offloading vessel for TotalEnergies alongside its partner Technip Energies, the company said.
Hart Energy’s MEA program highlights new products and technologies demonstrating innovations in concept, design and application.
Equinor now holds 69.5% ownership in the development, which consists of six gas discoveries and three prospects.
Danish wind company Ørsted reported a 4% increase in earnings and fewer impairments compared to a year ago but faced challenges with U.S. wind.
Mexico is finally getting its feet off the ground with LNG exports, joining the U.S. to make North America an LNG exporting powerhouse.
Sentinel Midstream’s Texas GulfLink project is one of several proposals for an offshore oil terminal in the Gulf.
With the start-up of Mero-3, the production capacity of the Mero field has reached 590,000 bbl/d.
Avangrid Renewables and Invenergy were the two provisional winners of four lease areas, according to the Bureau of Ocean Energy Management.