Energy intelligence firm Wood Mackenzie has shared that Ithaca Energy has made an oil discovery at Fotla prospect in the UK North Sea, labeling it 'a ray of light' in what’s been a tough year for UK exploration activity, with 2021 on track for the fewest number of completed wells since the 1960s…
Offshore installation specialist Subsea 7 on Thursday announced the proposed executive team for Seaway 7, the company set to be created through the merger of OHT and Subsea 7's renewables business unit, as proposed in July 2021.Seaway 7, an offshore wind installation giant in the making…
Swedish oil and gas firm Lundin Petroleum has received approval from the Norwegian authorities to start up its Solveig field in the North Sea. offshore Norway.Expected to start production this autumn, Solveig will produce from subsea production facilities tied into the Edvard Grieg field…
Norwegian offshore vessel operator DOF Subsea has won more work in Brazil with Petrobras.After a recent three-year contract secured for a pipelay support vessel duo co-owned with TechnipFMC, DOF Subsea said Thursday it had secured a contract…
Oil producer EnQuest on Thursday warned that annual output would be at the lower end of its previously forecast range, primarily owing to declines at its Magnus field in the UK North Sea, sending its shares down more than 7%.Production activity…
Offshore drilling equipment specialist Dril-Quip, has named Jeffrey J. Bird as its new President and Chief Executive Officer. Effective as of January 1, 2022, he'll replace Blake T. DeBerry, who will step down at that time. DeBerry will continue…
German multinational chemical company BASF has completed the acquisition of 49.5% of the 1.5GW offshore wind farm Hollandse Kust Zuid from Sweden-based Vattenfall.Construction of the wind farm in the Dutch North Sea started in July, with he…
Norwegian offshore vessel owner Eidesvik and oil and gas firm Aker BP are developing a project which aims to reduce emissions from existing offshore supply vessels.The project called 'Retrofit' will evaluate various solutions for converting…
Offshore drilling company Borr Drilling said Thursday it had secured a letter of award for its jack-up drilling rig Mist.The deal is with an unnamed operator in Southeast Asia, and the drilling program is set to begin in November 2021.Subject to final confirmation…
Shell said its crew-change heliport in Houma, Louisiana, sustained 'significant damage' as a result of Hurricane Ida and that it would halt crew changes to and from its sites until a temporary heliport is established.The company said it is still assessing assets that were in the path of the storm…
Oil and gas firm Neptune Energy, the operator of the giant Cygnus gas field in the UK North Sea, on Thursday announced the start of the first Walk to Work (W2W) campaign at the field.'A program of brownfield modifications, maintenance, and…
Chevron Corp on Wednesday said its offshore facilities in the Gulf of Mexico appeared to be undamaged after Hurricane Ida. The company also said it began redeploying personnel to assess the damage to its offshore facilities in the U.S. Gulf of Mexico from Hurricane Ida and to restore production…
Japan-based Shimizu Corporation has signed an offshore wind partnership agreement with the Dutch offshore installation giant Heerema Marine Contractors.The cooperation, targeting the Japanese offshore wind market, is primarily focused on installing turbine foundations…
Cameroon Oil Transportation Company (COTCO) has awarded Maersk Supply Service a mooring system maintenance project contract for a Floating Storage and Offloading unit offshore Cameroon.The contract is for the second phase of the mooring maintenance…
Australia's conservative government introduced legislation on Thursday that could help clear the way for offshore wind farms to go ahead in a country considered to have massive offshore renewable energy potential.The long-awaited legislation will set up a framework for building…
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