CNOOC to lower oil output targets, keep spending flat in 2025

National Ocean Industries Association President Erik Milito has issued a statement after the Bureau of Ocean Energy Management (BOEM) rescinded NTL No. 2023-G01, Expanded Rice’s Whale Protection Efforts During Reinitiated Consultation with NMFS.

Wood has been awarded a $120 million contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) and subsea and integrity management to onshore and offshore assets across the UK.

EnerMech has secured a five-year contract extension to provide North Oil Company (NOC) with leak testing and flange management services. The award, in the Al Shaheen Oil Field, Qatar, reinforces EnerMech’s expertise and strong relationship with NOC.