April 30 (Reuters) - Mexico's Pemex reported a 45.99 billion peso ($2.6 billion) quarterly loss, as the state energy company failed to profit from a global oil price surge triggered by international conflict. The United States' war with Iran has lifted crude oil prices worldwide to a four-year high. Pemex is constrained by high debt, and has... Continue Reading →
Mexico’s Sheinbaum expects oil firm Pemex to reach agreement with Brazil’s Petrobras
April 30 (Reuters) - Mexican President Claudia Sheinbaum said on Thursday she expects state oil firm Pemex (PEMX.UL) and its Brazilian counterpart Petrobras to reach an agreement, after Brazil's president pitched a partnership earlier this year. Sheinbaum told her regular morning press conference she would travel to Brazil to sign a deal with President Luiz Inacio... Continue Reading →
Virginia Governor Enacts Offshore Wind Workforce Bill Into Law
April 30 (offshoreWIND.biz) Virginia Governor Abigail Spanberger has signed House Bill 67 (HB67), which introduces a measure focused on assessing workforce and training needs for the offshore wind sector and aligning workforce development efforts with its specific demands. The bill, which passed both the Virginia House of Delegates and the State Senate in March, requires the... Continue Reading →
Massachusetts Activates Vineyard Wind Contracts, Locking in 20-Year Pricing
April 30 (offshoreWIND.biz) The State of Massachusetts has activated long-term contracts for the Vineyard Wind 1 offshore wind farm, securing fixed electricity pricing for 20 years and projected customer savings of USD 1.4 billion (around EUR 1.2 billion) over that period, according to the state government. The contracts, announced on 27 April by the Healey-Driscoll... Continue Reading →
Staatsolie to take Suriname offshore licensing pitch to Houston
April 30 (oilnow.gy) Staatsolie will host an in-person roadshow in Houston on May 26, 2026, to present Suriname’s Open-Door Offering to oil and gas companies. The event will run from 9 a.m. to noon CDT at The Post Oak Hotel at Uptown, 1600 W Loop S, Houston, Texas. Staatsolie said in an April 28 LinkedIn... Continue Reading →
ExxonMobil targets shallow-water prospect in Stabroek Block with Noble Developer rig
April 30 (oilnow.gy) ExxonMobil Guyana has awarded the Noble Developer a one-well contract at a day rate of US$375,000 to drill a prospect in the Stabroek Block offshore Guyana. The contract is scheduled to commence in early 2027. ExxonMobil Guyana said it contracted the rig “to drill a prospect in the shallow water portion of... Continue Reading →
Eni Signs Deal with Venezuela to Relaunch Junin-5 Heavy Oil Project
April 29 (OE) Italy’s Eni has signed an agreement with Venezuela’s Ministry of Hydrocarbons and state oil company PDVSA to relaunch oil activities at the Junin-5 project in the Orinoco Belt. The agreement was signed following a meeting in Caracas between Eni Chief Executive Claudio Descalzi and Acting President Delcy Rodriguez. Junin-5 is a heavy... Continue Reading →
Ocean Winds’ First French Offshore Wind Farm Moves to Full Operation
April 29 (OE) Ocean Winds (OW), a 50-50 joint venture between EDPR and ENGIE, has installed the final turbine at its Îles d’Yeu and Noirmoutier (EMYN) offshore wind farm in France. The installation of the final turbine marks the completion of construction works, as the project transitions into full operational phase.Located off the coast of... Continue Reading →
TotalEnergies beats expectations
April 29 - TotalEnergies raised its dividend by 5.9% and doubled its share buybacks on Wednesday, angering French politicians pressing for a supertax on the oil major's windfall profits to aid consumers hit by higher prices linked to the Iran war. Total beat expectations with adjusted net income of $5.4 billion, a 29% jump from a year ago boosted... Continue Reading →
Wilson Sons revolutionises offshore logistics with drone delivery in Guanabara Bay
April 29 - Wilson Sons, a port and maritime logistics operator with more than 188 years of experience, is set to conduct its first drone operations to deliver and pick up documents for platform supply vessels (PSVs) and to perform other services in Guanabara Bay. The initiative began last year in the Port of Salvador... Continue Reading →