Activity News

 

U.S. to Hold Offshore Wind Lease Sale for Two Areas in the Carolinas

Mar 25, 2022

The U.S. will hold a wind energy auction for two lease areas offshore the Carolinas on May 11, the U.S. Department of the Interior said Friday, as the Bureau of Ocean Energy Management (BOEM) has completed its environmental review.The lease areas cover 110…

Empyrean Energy Reveals Expected Spud Date for 'World-class' Jade Prospect Offshore China

Mar 25, 2022

Oil and gas company Empyrean Energy said Friday it would take over the China Oilfield Services Limited ('COSL') owned NH9 semi-submersible drilling rig for the drilling of the Jade well, within the next few days for safety checks. Empyrean has…

Energean Hires Halliburton for Carbon Storage Project Offshore Greece

Mar 25, 2022

Oilfield services firm Halliburton has won a contract with oil and gas firm Energean to assess the carbon storage potential of the Prinos basin in Greece.Halliburton said this week that its carbon capture, utilization, and storage (CCUS) experts…

Santos Wraps Pavo-1 Drilling, Offshore Australia

Mar 25, 2022

Australian oil and gas firm Santos has completed drilling operations on the Pavo-1 well, drilled in the WA-438-P exploration permit, offshore W. Australia, where the company earlier this week announced a significant oil discovery.According to Carnarvon Energy…

BHP Files Plan for Closure of Griffin Gas Export Pipeline Off Australia

Mar 25, 2022

BHP Petroleum has submitted an environment plan for the 'safe and sustainable' closure of the Griffin Gas Export Pipeline, offshore W. Australia.The  Griffin Gas Export Pipeline is located within Pipeline Licence WA-3-PL, in Commonwealth waters…

AET's Petrobras-bound Newbuild Shuttle Tanker Named in South Korea

Mar 25, 2022

Tanker operator AET named its new shuttle tanker Eagle Colatina earlier this week in South Korea.The vessel is the first of three purpose-built Suezmax dynamic positioning (DP2) shuttle tankers for a long-term charter to the Brazilian oil company…

Saipem to Launch 2B Euro Cash Call and Sell Assets in Rescue plan

Mar 25, 2022

Saipem will launch a 2 billion euro ($2.2 billion) capital increase this year and sell assets to help fund a turnaround plan to bring the troubled Italian energy services group back into the black.The company stunned investors in January when…

Boskalis Delivers HKZ Beta Substation to Tennet

Mar 25, 2022

Dutch marine services company Boskalis has delivered the Hollandse Kust Zuid Beta substation topside to Tennet in the Netherlands after a long journey from Dubai, where it was built.This is the second High Voltage Alternating Current (HVAC) offshore transformer station topside…

Kazakh Oil Woes Another Headache for Top Western Producers amid Ukraine War

Mar 25, 2022

Top Western oil producers could experience a hit to revenue if disruptions at a Russian Black Sea port curtail output from Kazakhstan's giant oilfields, highlighting the growing global supply risk after Moscow's invasion of Ukraine.Chevron, Exxon Mobil…

Sakhalin Energy Projects in Russia are Important for Japan - Gov't Spokesman

Mar 25, 2022

Japan aims to reduce its dependence on Russian energy, but Sakhalin oil and gas projects, in which the Japanese government and companies hold stakes, are important for its energy security, Japan's top government spokesman said on Friday.Shell…

Seadrill Names Ex-Borr Drilling Boss as Its New CEO

Mar 25, 2022

Offshore drilling contractor Seadrill Limited has appointed Simon Johnson, former CEO of Borr Drilling, as its new President and Chief Executive Officer. Johnson will replace Stuart Jackson as President and Chief Executive Officer with immediate effect…

Diamond Offshore Set to Relist on NYSE

Mar 25, 2022

Offshore drilling contractor Diamond Offshore has received approval to relist its unrestricted common stock on the New York Stock Exchange (NYSE) under the ticker symbol 'DO.' 'The company expects the common stock to commence trading on or about Wednesday…

Second Unaoil Bribery Conviction Quashed, as Ex-SBM Offshore Manager Wins Appeal

Mar 25, 2022

A second man convicted in Britain over how oil contracts were secured in post-occupation Iraq has had his conviction overturned by a London court, further unraveling a blockbuster bribery case prosecuted by the UK Serious Fraud Office (SFO)…

FAR Ltd. Boss Norman Gets Notice of Termination after 10 Years in Position

Mar 24, 2022

Australian oil and gas company FAR Limited said Thursday it had given notice of termination to Managing Director Catherine Norman. She has also resigned as a director of the company.Norman, a professional geophysicist with over 30 years’ experience…

Mitsui Invests 575M Euros in Mainstream Renewable Power

Mar 24, 2022

Japanese firm Mitsui & Co has agreed to invest EUR 575 million in Mainstream Renewable Power in the form of new common shares, corresponding to a 27.5 percent equity stake in the Mainstream, in a move that Mainstream says will pave way for the company to become 'a global renewable energy major…

Current News

Equinor Renews Subsea Inspection Deal with Subsea 7

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Saipem Gets DNV Certification for Offshore Asset Lifecycle Management

Saipem Gets DNV Certification

Archer to Remain North Sea Drilling and Maintenance Duty for Aker BP

Archer to Remain North Sea Dri

Tekmar Secures Over $9M Offshore Wind Cable Protection Deal

Tekmar Secures Over $9M Offsho

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