Floating solutions provider Modec has contracted Samsung E&A for an offshore carbon capture pilot project. As per the pilot ...

The Cidade de Itajai FPSO has been operating in the shallow-water field since Bauna came on stream in 2013. Karoon said it is ...

Karoon said acquisition of the vessel could significantly improve Baúna profitability through better FPSO efficiency and reduce unit operating costs by $4-6/bbl from 2026.

MODEC has entered into a front-end engineering and design (FEED) contract with SAMSUNG E&A for an offshore carbon capture ...

Latin and North American hydrocarbon producer Karoon reported a 3% increase in 2024 underlying NPAT to USD 214 million. It also announced USD 115 million acquisition of the Bauna floating production, ...

Bumi Armada Bhd's net profit almost doubled to RM633.99 million in the financial year ended Dec 31, 2024 (FY2024), against ...

MODEC has entered into a Front End Engineering and Design (FEED) contract with Samsung E&A for the installation of carbon ...

The Norwegian company believes the recoverable resources encountered in the well could be up to 43 million barrels of oil ...

Tugs and a DP2 offshore support vessel replaced key parts on an single point mooring, catenary anchor-leg mooring buoy ...

Citigroup upgraded shares of Woodside Energy Group (NYSE:WDS – Free Report) from a sell rating to a neutral rating in a research report report published on Tuesday morning, Marketbeat.com reports.

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0246 GMT – Sembcorp Industries looks well-positioned to capture ...

Vår Energi has discovered a third offshore oil reserve in the Goliat area of the Norwegian Continental Shelf as part of an ...