Activity News

 

Japanese Firms Team Up to Reduce Cost of Floating Offshore Wind

Jan 21, 2022

Japanese companies JERA, MODEC, Toyo Construction, and Furukawa Electric have received a notice of acceptance of their joint grant application, under the Green Innovation Fund program of NEDO, to conduct a project to develop cost-reducing technology…

In Ukraine Crisis, Germany Faces Tough Decisions Over Nord Stream 2 Pipeline

Jan 21, 2022

Germany could find itself in a no-win situation if Russia invades Ukraine, pitting Berlin's main gas supplier against its most important security allies.Chancellor Olaf Scholz would face pressure from the United States and other Western allies…

Ørsted, S. Korean Utilities Sign Deals for 1.6 GW Incheon Offshore Wind Project

Jan 21, 2022

Danish offshore wind giant Ørsted has signed memoranda of understanding with Korean state-owned utilities Korea Southern Power (KOSPO) and Korea Midland Power (KOMIPO) for the development of the 1.6 GW Incheon offshore wind project.The MoU signing…

Oil Majors TotalEnergies and Chevron Exit Myanmar Citing Worsening Humanitarian Situation

Jan 21, 2022

Oil majors TotalEnergies and Chevron Corp, partners in a major gas project in Myanmar, said on Friday they were withdrawing from the country, citing the worsening humanitarian situation following last year's coup.Shell, in its first public acknowledgment of the move…

Shell, UK Regulators Renew Talks on Jackdaw Offshore Field Development

Jan 21, 2022

Royal Dutch Shell and British regulators have revived talks on developing the Jackdaw gas field in the North Sea as the government struggles with soaring gas and power prices, company and industry sources said.In recent weeks, Secretary of State at the Department of Business…

Woodside to Hike Capital Spending as Its Advances Oil & Gas Projects in Australia, Senegal

Jan 20, 2022

Woodside Petroleum expects to hike its capital spending by about a third to $4 billion in 2022, as it advances oil and gas growth projects in Western Australia and Senegal as well as steps up efforts to start producing hydrogen.After booking record quarterly sales revenue on soaring LNG prices…

Covid Outbreak Hits Enauta FPSO. Production Line Fixed, Output to Resume Next Week

Jan 20, 2022

Brazilian oil company Enauta has completed repairs of a production line of the FPSO Petrojarl I FPSO at the Atlanta heavy crude oil field in Brazil, following last week's preventive shutdown of production, however, the company informed on Thursday of a COVID-10 outbreak aboard the floater…

BOA Offshore Tallies 150-day North Sea Charter for BOA Sub C Vessel

Jan 20, 2022

Oslo-listed BOA Offshore has won a new contract in the North Sea for its subsea construction vessel BOA Sub C. BOA Offshore did not say who the client was exactly, apart from saying that it was with a large international contractor for construction and decommissioning projects…

Norway's December Oil & Gas Output Rises

Jan 20, 2022

Norway's oil and gas output in December rose from the previous month, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Thursday.Crude oil output increased to 1.84 million barrels per day (bpd) in December from 1.73 million bpd in November…

Brazil, Guyana, and Suriname In Energy Alliance Push

Jan 20, 2022

The heads of state of Brazil, Guyana, and Suriname this week will take the first steps toward forging an infrastructure that would better share the neighboring South American countries' energy and natural resources.Brazil's President Jair Bolsonaro…

Baker Hughes Posts Q4 Profit as Higher Oil Prices Spur Drilling Demand

Jan 20, 2022

Baker Hughes Co on Thursday reported an adjusted quarterly profit compared with a year-ago loss, as producers took advantage of a rise in crude prices that fueled demand for oilfield service equipment.Oil prices surged more than 50% last year…

Nortrans' Offshore Vessel Nets 5-Year Charter Deal with Chevron in Israel

Jan 20, 2022

Offshore vessel operator Nortrans has scored a 5-year contract extension with Chevron in Israel for its Nor Naomi offshore vessel.Chevron Med. Ltd, is using the Nor Naomi DP2 IMR/ROV subsea vessel to support the Tamar and Leviathan gas field operations in Israel…

Hellenic Cables Wins Another Dogger Bank Offshore Wind Farm Order

Jan 20, 2022

Cenergy Holdings' Hellenic Cables has won an offshore wind farm array cable contract with DEME Offshore, for the supply of cables for the Dogger Bank C, the third phase of the 3.6GW Dogger Bank project in the UK North Sea.'Already the designated cables’ supplier for Dogger Bank A and B…

Fugro Orders First-of-Its-Kind XL Class USV for North Sea Operations

Jan 20, 2022

Dutch geodata firm Fugro has ordered an uncrewed surface vessel of SEA-KIT XL Class for future North Sea operations. According to USV maker SEA-KIT, the 18-meter USV, to be named Blue Eclipse, will be the first of its kind, and will be constructed…

EDS HV Secures Work on Iberdrola's Baltic Eagle Offshore Wind Farm

Jan 20, 2022

James Fisher Renewables's subsidiary EDS HV Group has won a contract to provide the high voltage safety management commissioning phase at Iberdrola’s Baltic Eagle Offshore Wind Farm, off the coast of the German region of Pomerania.The contract…

Current News

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GMS Scoops Middle Eastern Jack

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Eidesvik Offshore Secures Work

Yinson Production Cuts First Steel for Vietnam-Bound FSO

Yinson Production Cuts First S

MOL Gets ClassNK Approval for Jointing and Burial Vessels Design

MOL Gets ClassNK Approval for

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