Norwegian oil and gas company DNO said Wednesday that a fast-track development concept has been agreed for its 2016 Brasse offshore oil and gas discovery in license PL740 offshore Norway.The concept selection paves the way for detailed design…
Offshore accommodation rig firm Floatel International has secured a 4-month charter to provide accommodation support to Shell in the UK North Sea.Floatel, which owns and operates five semisubmersible accommodation units, said the contract was…
Malaysian offshore services firm Barakah Offshore Petroleum has, via its subsidiary PBJV Group, received the Letter of Award from Brunei Shell Petroleum for the “SPM2 Replacement Project.'PBJV will be responsible for engineering work, supply of materials…
Eight Amazon rainforest nations are expected to face divisions over proposals to block new oil drilling and end deforestation when they meet on Tuesday for their first summit in 14 years.The meeting of the Amazon Cooperation Treaty Organization (ACTO) gathers heads of state from Bolivia…
The UK-based union Unite said Monday that offshore workers employed by Petrofac Facilities Management Limited had voted for strike action in disputes over jobs, pay, and conditions.Around 80 Unite members contracted to work on Ithaca Energy’s FPF1 platform…
Norway has approved a plan to connect Equinor's EQNR.OL Hammerfest liquefied natural gas (LNG) plant to the national power grid in a bid to cut greenhouse gas emissions, despite local opposition, the government said on Tuesday.The plan includes shutting down a gas power plant…
Shares in Siemens Energy fell on Monday after the company quantified deeper than expected problems at its struggling wind turbine division that were first unveiled in June, saying the issues triggered a 2.2 billion euro ($2.42 billion) charge…
Austrian oil and gas company OMV has started drilling operations on the Velocette exploration well in production license 1016, offshore Norway.The news of the drilling start was shared Tuesday by Longboat Energy, a 20% partner in the offshore block…
Australian oil and gas giant Woodside has agreed to sell a 10% stake in the Scarborough joint venture in Australia to LJ Scarborough Pty Ltd (LNG Japan).The Scarborough Joint Venture comprises the Scarborough field and associated offshore and subsea infrastructure…
Nearshore and onshore power installation contractor and marine consultancy company 23 Degrees Renewables (23D), part of OEG Group, said Monday it had completed a contract for an unnamed European cable company to carry out trenching and burial…
Goldman Sachs' global head of commodities research Jeff Currie, a prominent analyst who accurately predicted a surge in commodity prices in the 2000s, is retiring, according to a memo seen by Reuters. Currie is leaving after 27 years. His departure…
Saudi Aramco's CEO Amin Nasser said on Monday that the company's supplies to customers remain adequate even with recent voluntary oil production cuts by the kingdom, adding that global demand remained resilient despite economic headwinds.Saudi…
GE Vernova’s Offshore Wind business and UK-based Offshore Renewable Energy (ORE) Catapult have signed a new research collaboration, building on the success of their previous ‘Stay Ashore’ program.The £4 million agreement Monday paves the way…
Marine Aluminium AS has won a contract to supply the U.S. offshore vessel firm Hornbeck Offshore Services a helideck for its new conversion project. The 21-meter helideck has a landing capacity of up to Sikorsky S-92-sized helicopters.As previously reported by Offshore Engineer…
Jan De Nul Group's newest crane vessel, Les Alizés, has started its maiden assignment by installing the first of 107 monopile foundations for the construction of Ørsted’s Gode Wind 3 and Borkum Riffgrund 3 wind farms in Germany. Les Alizés is designed for loading…