Agency forecasts that the GoM will contribute about 14% of US oil production in 2024 and 2025.
The remaining pool of harsh-environment semisubmersible drilling rigs in the North Sea is down to 23, according to Westwood Global Energy Group’s RigLogix service.
Kistos says the partners in the Greater Laggan Area (GLA) gas development west of Shetland will focus on the Glendronach field for their next tie-in to the GLA export pipeline.
Inyanga Marine Energy Group has completed hydrodynamic testing of the Passive Pitch Unit for its HydroWing technology.
Geoquip Marine has appointed Rune Olav Pedersen CEO, effective Jan. 1, 2025.
Department says that goal is to provide affordable energy for electric grids, coastal communities, and offshore workers.
Construction work has finished on the Northern Lights development’s cross-border CO2 transport and storage site in Øygarden, near Bergen.
Luxcara has contracted Havfram to transport and install 16 x 18.5 MW wind turbines for the 270-MW Waterkant offshore wind farm development in the German North Sea.
Maersk Supply Service (MSS) has commissioned MDL to provide a flex-lay solution for the Petrobras-operated presalt Libra Block offshore Brazil.
Two-thirds of respondents expect WTI’s price to end 2024 in the $70s.
