Business Briefs

Courtesy Harbour Energy
Zama map
Company News

Talos scales back stake in Zama oil project offshore Mexico

Dec. 18, 2024
Talos Energy has agreed to sell an additional 30.1% interest in Talos Mexico to Zamajal.
Courtesy Aibel / Øyvind Sætre
Shell Penguins
North Sea & Europe

Shell settles lawsuit against Greenpeace over activists boarding oil vessel

Dec. 11, 2024
Greenpeace agrees to pay 300,000 pounds ($382,650) to the Royal National Lifeboat Institute.
Credit: Shell Offshore Inc, All Rights Reserved
Sparta Development
US & Gulf of Mexico

Shell turns again to GATE for GoM Sparta commissioning

Dec. 11, 2024
Shell Offshore Inc. has awarded GATE Energy a commissioning management and execution contract for its new Sparta field semisubmersible platform in the US Gulf of Mexico (GoM)....
Courtesy Tugdock and Sarens
SGC-250
Company News

Crown Estate supports floating offshore wind hub plan for South Wales port

Dec. 11, 2024
Tugdock and Sarens have secured funding from The Crown Estate for their project to develop a heavy-lift operations and maintenance (O&M) hub at ABP’s Port Talbot in South Wales...
Courtesy bp
Deepwater Gunashli platform in the Caspian Sea
Company News

Equinor completes withdrawal from E&P in Nigeria, Azerbaijan

Dec. 9, 2024
Equinor has completed the sales of its upstream businesses in Azerbaijan and Nigeria at an estimated price of up to $2 billion.
ID 311156568 | 2024 © Erin Alexis Randolph | Dreamstime.com
Trump drill baby drill
US & Gulf of Mexico

Report: Trump prepares wide-ranging energy plan to boost gas exports, oil drilling

Dec. 9, 2024
US President-elect Donald Trump is expected to revise the existing five-year offshore plan to include more oil and gas lease sales.