Activity News

 

Study Launched for Multi-GW Scale Offshore Hydrogen Production in Dutch North Sea

Dec 20, 2022

Danish engineering group Ramboll will investigate the feasibility of producing hydrogen offshore at a multi-gigawatt scale with NortH2 in the Dutch part of the North Sea.The NortH2 consortium, consisting of Eneco, RWE, Equinor and Shell, in partnership with Gasunie…

Crown Estate-funded Survey Program Drives Floating Wind Development in Celtic Sea

Dec 20, 2022

The Crown Estate for England, Wales, and Northern Ireland has announced its first major investment in surveys to help with the construction of floating offshore wind farms in the Celtic Sea. 'The awarding of the first contracts marks an important…

Norway and France in Carbon Capture and Storage Collaboration

Dec 20, 2022

Norway and France have signed a letter of intent to promote cooperation on the development and deployment of carbon capture and storage (CCS) as a way to help prevent global warming, the Norwegian energy ministry said on Monday. Major oil and…

Petrofac to Post Operating Loss for the Year Due to Increased Engineering Costs

Dec 20, 2022

Oilfield services provider Petrofac Ltd on Tuesday forecast an annual operating loss of about $100 million due to challenges in recovering costs in its engineering and construction (E&C) division. The group expects E&C, its largest division…

FSRU Exemplar Set to Arrive at Finland's Inkoo Port on Dec. 26

Dec 20, 2022

The floating liquefied natural gas (LNG) terminal chartered by Finland to replace Russian gas is scheduled to arrive at Inkoo port west of Helsinki on Dec. 26, Refinitiv Eikon data showed on Tuesday. Finland has agreed a 10-year charter for…

Norway's November Oil and Gas Production Falls Short of Expectations

Dec 20, 2022

Norway's crude oil and gas output fell in November from the previous month, lagging official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday. Crude oil output fell to 1.74 million barrels per day (bpd) in November…

UK North Sea Merger: Serica Energy to Buy Tailwind

Dec 20, 2022

UK North Sea oil producer Serica Energy has agreed to buy Tailwind Energy Investments Ltd ('Tailwind') from Tailwind Energy Holdings LLP.The consideration for the acquisition comprises the issue of up to 111,048,124 new ordinary shares in Serica…

Vattenfall to Build 1.3GW Offshore Wind Farm in Finland

Dec 20, 2022

Vattenfall and Metsähallitus have joined forces to build and run Finland's first major offshore wind farm. The project will be built at Korsnäs, off the west coast of Finland. It will have a capacity of 1.3 GW and could produce 5 TWh per year…

Seajacks Lines Up Transport & Install Work for WTIV Nessie

Dec 19, 2022

Eneti announced on Monday that its subsidiary Seajacks UK has signed a contract with an undisclosed client to transport and install offshore wind turbines for a project commencing in the first half of 2025.The contract will be performed by the…

Capricorn Energy's Board Faces Overhaul as Shareholder Calls for General Meeting

Dec 19, 2022

Capricorn Energy's third-biggest shareholder, Palliser, on Monday called for a general meeting to set a vote on removing seven Capricorn directors from supervisory roles, including the CEO, a plan Capricorn rejects.Palliser is one of a chorus…

Charges Laid Against Suncor over 2019 Terra Nova FPSO Injury Incident

Dec 19, 2022

Offshore oil and gas regulator Canada-Newfoundland and Labrador Offshore Petroleum Board has laid charges against oil company Suncor in relation to alleged offenses related to a December 29, 2019 worker injury onboard the Terra Nova FPSO.On Sunday evening…

Oil Firms Take Four Out of 11 Offshore Blocks on Offer in Brazil's Bidding Round

Dec 19, 2022

Four out of the eleven blocks on offer in the Santos and Campos Basins offshore Brazil, were acquired as part of Brazil's first cycle of the Open Acreage in the production-sharing model (OPP), held Friday by the country's oil and gas regulator…

Norwegian Construction Firm Sets Sights on Offshore Wind

Dec 19, 2022

Norwegian construction firm Veidekke said Monday it has set its sights on the offshore wind market, with the company planning to become a key part of the value chain for floating offshore wind.The company said it was already participating in…

DNO Buys 10% Stake in Berling Offshore Project. PDO Planned by Year End. Brasse Plans Delayed

Dec 19, 2022

The Norwegian oil and gas company DNO said Monday it had acquired an additional 10 percent stake in the Berling field development project from Sval Energi AS. DNO now owns a 30% stake in the 2018 gas and condensate discovery, previously known as Iris Hades offshore Norway…

Family Reveals Identity of Man Killed on Oil Rig in Qatar, Says He was "Amazing, one-of-a-kind, beautiful soul"

Dec 19, 2022

The family of the British national killed by a colleague on an offshore rig in Qatar last week has issued a statement confirming the identity of the deceased, describing him as 'an amazing, one-of-a-kind, beautiful soul.'The man has been identified as 38-year-old Robert Robson…

Current News

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Venterra Company, CAPE Holland

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

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