Suriname's Staatsolie Says Exxon has Withdrawn from Offshore Block

Suriname's state-run oil company Staatsolie said on Nov. 20 that U.S. oil giant Exxon Mobil has withdrawn from its offshore block 52, and block operator Petronas Suriname E&P will take over its 50% stake.

November 20, 2024

Fugro’s Remote Capabilities Usher In New Age of Efficiency, Safety

Fugro’s remote operations center allows operators to accomplish the same tasks they’ve done on vessels while being on land.

November 19, 2024

TotalEnergies Awards SBM Offshore FPSO GranMorgu Development Contract

SBM will construct and install a floating production, storage and offloading vessel for TotalEnergies alongside its partner Technip Energies, the company said.

November 14, 2024

2024 E&P Meritorious Engineering Awards for Innovation

Hart Energy’s MEA program highlights new products and technologies demonstrating innovations in concept, design and application.

November 12, 2024

Equinor to Acquire Sval Energi’s Stake in the Halten East Project

Equinor now holds 69.5% ownership in the development, which consists of six gas discoveries and three prospects.

November 7, 2024

Wind Energy Developer Ørsted Sees Profit Rise, US Challenges Remain

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.

November 5, 2024

North American LNG Exports Surge: Texas Fuels Mexico’s Growth

Mexico is finally getting its feet off the ground with LNG exports, joining the U.S. to make North America an LNG exporting powerhouse.

November 5, 2024

EPA Gives OK to Texas GulfLink Deepwater Port

Sentinel Midstream’s Texas GulfLink project is one of several proposals for an offshore oil terminal in the Gulf.

November 4, 2024

Brazil’s Mero-3 Offshore Development Reaches First Oil

With the start-up of Mero-3, the production capacity of the Mero field has reached 590,000 bbl/d.

October 30, 2024

US Offshore Wind Lease Sale Brings in Nearly $22MM in Winning Bids

Avangrid Renewables and Invenergy were the two provisional winners of four lease areas, according to the Bureau of Ocean Energy Management.

October 29, 2024