A substantial downsizing of GE Vernova would leave just two main western wind turbine suppliers.
The offshore drilling industry has experienced a decade of active M&A, primarily led by the “Big 3” offshore drilling companies.
AI and video analytics technologies are transforming oil spill detection and response, delivering 24/7 monitoring capabilities and early warning systems to safeguard marine ecosystems and coastal economies from devastating environmental disasters.
Cloud-based remote virtual office system enables component testing prior to offshore deployment.
New Brazilian legislation aims to spur industry sector growth, says US Commercial Service official.
PTTEP Mexico E&P has agreed to sell its 16.67% interest in the Block 29 (2.4) Project.
TotalEnergies has started production from Fenix gas field offshore Argentina.
Russian oil exports in August 2024 decreased by 290,000 b/d month-over-month (m-o-m) to 7 million b/d, according to analysis from the International Energy Agency.
Orlen Unipetrol is prepared to implement crisis measures at its refining and petrochemical complex in Litvínov amid an ongoing flood event in the region.
Petroineos will permanently shutter Petroineos Manufacturing Scotland Ltd.’s 150,000-b/d Grangemouth refinery complex in Scotland.
