BP greenlights sixth Gulf of Mexico hub with Kaskida project

Pallavi Madhiraju- August 1, 2024 0

British Petroleum (BP) has made a landmark decision to proceed with its Kaskida project, marking the establishment of its sixth hub in the US Gulf ... Read More

Beacon Offshore Energy commences oil production from Winterfell development

Pallavi Madhiraju- July 4, 2024 0

Beacon Offshore Energy, along with its consortium of partners, has successfully started oil production from the Winterfell development in the US Gulf of Mexico. This ... Read More

Oceaneering International secures multiple vessel service contracts in Gulf of Mexico

Pallavi Madhiraju- June 29, 2024 0

Oceaneering International, Inc. has been awarded several significant contracts for vessel services by global energy companies operating in the Gulf of Mexico. The contracts, focusing ... Read More

Oceaneering secures $50m contract for offshore project in Gulf of Mexico

Pallavi Madhiraju- June 22, 2024 0

Oceaneering International, Inc. (NYSE: OII), a global leader in engineered services and products, has secured a significant contract valued at approximately $50 million. The contract, ... Read More

Subsea7 secures major contract from Woodside Energy for Trion development

Pallavi Madhiraju- March 16, 2024 0

In a significant development for the offshore oil and gas sector, Subsea7 has announced the acquisition of a substantial contract, valued between USD 300 million ... Read More

ODYSEA, Subsea7 deploy Proxxima technology on Gulf of Mexico pipeline

Pallavi Madhiraju- February 25, 2024 0

ODYSEA has announced a landmark achievement in offshore pipeline installation, employing its cutting-edge Goldilocks (GDLX) insulation technology, powered by ExxonMobil's Proxxima polyolefin thermoset resin systems. ... Read More

Rydberg project marks new milestone for Shell in the Norphlet Corridor, Gulf of Mexico

Pallavi Madhiraju- February 24, 2024 0

Shell Offshore Inc., a key subsidiary of Shell plc, has announced the commencement of production at the Rydberg project, a significant addition to the deep-water ... Read More

Esperanza Capital and Andros Capital secure strategic ExxonMobil assets in Gulf of Mexico

Pallavi Madhiraju- February 22, 2024 0

Esperanza Capital Partners (ECP) and Andros Capital Partners LLC (Andros) have announced a definitive agreement to acquire assets in the Ursa and Princess Fields (Ursa) ... Read More

TechnipFMC wins contract from bp for Argos Southwest Extension project

Pallavi Madhiraju- January 18, 2024 0

TechnipFMC (NYSE: FTI), a global leader in oil and gas projects, has been awarded a significant contract, valued between $75 million and $250 million, by ... Read More

Talos Energy to acquire QuarterNorth Energy for $1.3bn in major energy sector move

Pallavi Madhiraju- January 16, 2024 0

In a significant move within the energy sector, Talos Energy Inc. ("Talos") (NYSE: TALO) announced the execution of definitive agreements to acquire QuarterNorth Energy Inc. ... Read More