Halliburton, a leading U.S. oil services company, suffered a cyberattack on Wednesday, affecting its business operations at its North Houston campus and some global connectivity networks. The attack has led to disruptions, and some employees have been advised to avoid connecting to internal networks. This incident highlights the ongoing cybersecurity challenges faced by the energy […]
The leading player in the UK energy sector has secured a significant contract with Subsea7 Norway for the fabrication of 134 subsea spools for the Yggdrasil project in the North Sea. This major field development, operated by Aker BP ASA, is set to be remotely controlled from Stavanger and boasts over 700 million barrels of […]
Dubai-based offshore drilling contractor Shelf Drilling has announced a major management reshuffle, appointing Greg O’Brien as the new Chief Executive Officer (CEO), David Mullen as Executive Chairman, and Ernie Danner as Lead Independent Director. All three leaders have previously held significant roles within the company, ensuring continuity and expertise in their new positions. This leadership […]
A significant step has been taken to enhance oil recovery at the Vito field in the US Gulf of Mexico. This ambitious water injection initiative aims to maximize the reservoir’s potential by injecting water into the formation, thus increasing oil displacement towards production wells. The process is slated to start in 2027 and is expected […]
The award marks a milestone for McDermott’s involvement in the Manatee gas field development project. Located 60 miles (100 kilometers) off the southeast coast of Trinidad and Tobago, this agreement comes after the successful completion of the initial engineering and procurement phases. 🔲 Scope: ◾ Comprehensive design, procurement, fabrication, and commissioning of a gas platform […]
In a groundbreaking move set to reshape the region’s energy landscape, New Fortress Energy (NFE) celebrated the launch of operations for its first floating liquefied natural gas (FLNG) production project, Altamira FLNG1. This milestone was marked by the inaugural LNG cargo, produced by the Altamira FLNG1 project, setting sail aboard the Energos Princess bound for […]
A crucial engineering, procurement, construction, installation (EPCI), hook-up, and commissioning contract by Shell Trinidad and Tobago Limited for the Manatee gas field development. Located 60 miles off Trinidad and Tobago’s southeast coast, this project marks a significant step forward in the region’s energy infrastructure. Building on successful front-end engineering and design work, McDermott will design, […]
In a groundbreaking development, the Lingshui 36-1 gas field has been approved by Chinese authorities, marking a significant achievement in global energy exploration. This gas field is the world’s first large-size ultra-shallow gas field located in ultra-deep waters, setting a new frontier in the South China Sea. Located in the southern part of the Central […]
In a significant move, the company has signed agreements to acquire the Kuda Tasi and Jahal Oil Fields offshore Timor-Leste. This acquisition secures 34 million barrels of discovered undeveloped oil, propelling the company into the development phase with a clear path to Final Investment Decision (FID) and First Oil. The company is mobilizing resources to […]
The company has signed a pivotal contract with Woodside Energy Petróleo Operaciones de México to construct and lease a state-of-the-art Floating Storage and Offloading (FSO) unit. This FSO will support the Trion deepwater oil field in Mexico’s Perdido Belt for 20 years. ◾ Innovative Design: The FSO, based on a Suezmax-type hull, will include a […]