FPSO destined for ExxonMobil’s Guyana project getting titanium reinforcements

(offshore-energy.biz) Hunting Subsea Technologies, the Texas-based subsidiary of London-headquartered precision engineering group Hunting, has provided the connections for a floating production storage and offloading (FPSO) to be deployed at a field offshore Guyana being developed by U.S energy giant ExxonMobil. The eight titanium stress joints (TSJs) delivered will be integrated into the FPSO unit Errea Wittu that... Continue Reading →

August 1, 2025 0

ExxonMobil’s Profit Shoots Above Expectations

(Reuters) Exxon Mobil, the United States' biggest oil producer, beat Wall Street estimates for second-quarter profit on Friday as higher oil and gas output and low production costs offset the impact of lower crude prices. Oil and gas production was the highest for any second quarter since the merger of Exxon and Mobil formed the... Continue Reading →

August 1, 2025 0

Record Production Boosts Chevron’s Second Quarter Earnings

(Reuters) Chevron beat analyst estimates for second-quarter profit on Friday as record oil and gas production and lower capital expenditure helped the U.S. oil producer boost earnings despite weaker crude prices. The No. 2 U.S. oil major triumphed last month in a legal challenge from Exxon Mobil XOM.N in order to close its $55 billion... Continue Reading →

August 1, 2025 0

Oil shipments from Brazil to US to resume after tariff exemption, says lobby group

July 30 (Reuters) - Energy companies operating in Brazil are expected to resume oil shipments to the United States after several oil products were exempted from U.S. tariffs, the head of Brazilian oil lobby group IBP told Reuters on Wednesday. Oil is Brazil's top export to the U.S. and was exempt from the 10% April... Continue Reading →

July 31, 2025 0

EnerMech Nets BP’s Services Contract Extension off Trinidad & Tobago

(OE) July 31 - Energy industry services firm EnerMech has been awarded a two-year contract extension by BP Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the Caribbean country. Project scope includes crane operations, preventive and corrective maintenance, minor modifications, and offshore audits, while EnerMech must also provide... Continue Reading →

July 31, 2025 0

Blue Water to Ensure Noble Developer’s Smooth Drilling Ops off Suriname

(OE) Blue Water Suriname has secured rig agency and logistics contract for Noble Corporation’s Noble Developer rig, which is engaged on drilling operation for Petronas offshore Suriname. Blue Water team in Suriname will offer rig agency and the logistics and shorebase support Noble Developer, engaged in drilling operations in Block 52. Located strategically off the... Continue Reading →

July 30, 2025 0

BP finds oil and gas signs in the Bumerange block, Santos Basin

(PN) BP identified oil and gas signs in the wildcat well (1-BP-13-SPS) of the Bumerangue block, located in the Santos Basin pre-salt layer, in a water depth of 2,300 meters. Drilling of the well began in late May with the Valaris Renaissance drillship. The Bumerangue block was fully acquired by BP during the 1st Cycle... Continue Reading →

July 29, 2025 0

Weatherford to Deliver MPD Services for Woodside’s Trion Project off Mexico

(OE) Texas-based oilfield services company Weatherford has secured a significant contract to deliver Managed Pressure Drilling (MPD) services for the Trion project, a deepwater oil production project in Mexico operated by Woodside’s Mexican subsidiary. The multi-year contract includes MPD services for an initial eight wells with the potential to expand to 24 wells. As part... Continue Reading →

July 29, 2025 0

Mexico’s Pemex swings to net profit, helped by peso recovery

July 28 (Reuters) - Mexican state energy company Pemex on Monday reported a net profit of 59.52 billion pesos ($3.17 billion) for the second quarter of this year, helped largely by a more favorable exchange rate. Like most of its Latin American peers, Pemex is essentially a dollar-denominated state company, including for the vast majority... Continue Reading →

July 28, 2025 0

MODEC delivers another piece of puzzle for Guyana-bound FPSO

(offshore-energy.biz) Japan’s MODEC has delivered a structure that will form part of a floating production storage and offloading (FPSO) unit to be deployed to a project offshore Guyana operated by ExxonMobil, a U.S.-headquartered oil and gas giant. As reported by the Japanese player, the topsides modules for FPSO Errea Wittu arrived at the BOMESC yard in Tianjin, China. The... Continue Reading →

July 25, 2025 0