SUBSEA7 Employs New Installation Method at Aramco’s Giant Offshore Oil & Gas Project (Gallery)
Wedoany.com Report-Oct 19, Luxembourg-domiciled Subsea7 has used tugs and soft mooring lines connected to a jacket for barge docking for the first time without the deployment of anchors on the seabed ...
Rockhopper Wins Extension for Falklands Assets as It Sheds Two Italian Ones
Wedoany.com Report-Oct 19, According to Rockhopper, the insurance policy will enable the combination of the second tranche payment and the insurance payout to leave the firm with €31 million if I...
Expansion of Qatar’s Huge 30-Year-Old Oil Field Brings Subsea Cable Order to Hengtong
Wedoany.com Report-Oct 18, China-based power cable system solutions provider Hengtong Submarine Power Cable, a wholly-owned subsidiary of Hengtong Group, has confirmed that HMN Technologies will manuf...
Transocean Drillship Gets Another Drilling Job in Gulf of Mexico
Wedoany.com Report-Oct 18, Switzerland-based offshore drilling contractor Transocean has secured a new long-term ultra-deepwater drillship assignment with an undisclosed operator in the U.S. Gulf of M...
ABS Brings Swiss Player on Board FPSO Project Being Undertaken for Petrobras
Wedoany.com Report-Oct 18, The American Bureau of Shipping (ABS), a classification society, has hand-picked Switzerland-headquartered structural performance management software solutions provider Akse...
China’s September Refinery Output Falls for the Sixth Straight Month
Chinas refinery output fell 5.4% last month versus a year earlier, official data showed on Friday, declining for a sixth consecutive month even with the start-up of a new plant as weak fuel consumptio...
Eurozone Industry Makes Gains Ahead of ECB Meeting
Eurozone industry rebounded in August, offering a ray of optimism for the beleaguered factory sector as European Central Bank policymakers prime to cut interest rates again. Industrial production incr...
U.S. Crude Oil Stockpiles Fall Unexpectedly
U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record level, according to data released Thursd...
Energy & Utilities Roundup: Market Talk
1506 ET – Oil futures settle higher in a day of ups and downs. The EIA reported an unexpected weekly crude stock draw, with lower imports offsetting an increase in U.S. production. News that Isr...
Totalenergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
TotalEnergies TTE 0.76%increase; green up pointing triangle said continued pressure on refining margins would take a toll on its downstream results for the third quarter, while hydrocarbon production ...