Activity News


Biden Administration Appeals Court Decision to Block Oil, Gas Leasing Pause

Aug 17, 2021

The Biden administration on Monday challenged a federal judge's decision in June to block the Interior Department's pause on oil and gas leasing on public lands and waters - a critical piece of its climate change policy - but will proceed with leasing during the appeals process…

Woodside Names Meg O’Neill CEO

Aug 17, 2021

Australian oil firm Woodside said Tuesday it had named acting CEO Meg O’Neill as the company’s Chief Executive Officer and Managing Director. O’Neill succeeds Peter Coleman who retired from Woodside in June 2021. Woodside Chairman Richard Goyder…

Magseis to Join Danish Carbon Capture and Storage Project Greensand

Aug 17, 2021

Magseis Renewables, a subsidiary of offshore OBN seismic contractor Magseis Fairfield, has entered into a memorandum of understanding to join phase 2 of the Greensand carbon capture and storage (CCS) project consortium. The project entails transporting…

BOEM Completes Environmental Review of South Fork Wind Project

Aug 17, 2021

The U.S. Bureau of Ocean Energy Management (BOEM) has completed its environmental review of the proposed South Fork Wind project offshore New York and Rhode Island.South Fork Wind - proposed by Orsted and Evercore - would be New York’s first…

Report: Official Says Brazil's Lower-carbon Oil projects Can Attract Majors

Aug 17, 2021

Rising calls to cut carbon emissions and to reduce global warming could generate more offshore partnerships and increase the output of cleaner oil for Brazil, the production chief of state-controlled Petrobras said in an interview.Brazil oil…

Australia: Santos Says Oil Search Buy Would Help Speed Up Pivot to Clean Fuels

Aug 17, 2021

Santos Ltd expects its planned takeover of Oil Search, creating a A$20 billion ($15 billion) company, will help the combined group weather the energy transition better than if they remained separate.The companies agreed an all-scrip deal earlier…

Oil Industry Groups Sue Biden Administration over Drilling Auctions Halt

Aug 17, 2021

Major U.S. oil industry groups on Monday sued the Biden administration for halting drilling auctions on federal lands and waters this year, arguing the government is required by law to hold regular sales.The American Petroleum Institute (API)…

Substation Jacket Installed at Saint Nazaire Offshore Wind Farm Site

Aug 16, 2021

Belgium-based offshore installation firm Deme Offshore has informed that the jacket for the Saint-Nazaire offshore wind substation in France has been successfully installed over the weekend. DEME said Monday that the 48 meters tall jacket would be held in place by four foundation piles…

Challenger Energy Believes in The Bahamas Offshore Potential Despite Dry Well. Seeks Partner, License Extension

Aug 16, 2021

Challenger Energy, the company until recently known as the Bahamas Petroleum Company, is seeking an extension to the license period for its offshore blocks in the Bahamas after it earlier this year drilled an offshore well that failed to unearth commercial quantities of oil…

Nigeria's President Buhari Signs Oil Overhaul Bill into Law

Aug 16, 2021

Nigerian President Muhammadu Buhari signed into law an oil overhaul bill that has been in the works for nearly two decades, a presidential spokesman said on Monday.The package overhauls nearly every aspect of the country's oil and gas production…

Floating Wind: TotalEnergies, GIG Get EBL in South Korea

Aug 16, 2021

TotalEnergies nad Macquarie’s Green Investment Group (GIG) and have recently secured an electricity business license (EBL) for their floating offshore wind project located off the coast of Ulsan, South Korea.This is the first floating offshore…

Eni Brings Online Cuica Field Offshore Angola

Aug 16, 2021

Italian oil firm Eni said Friday it had recently started production from the Cuica field offshore Angola. The company is producing oil from the field via the Armada Olombendo FPSO.Production started on July 30, 2021, just over 4 months from discovery…

Lukoil Starts Drilling at Block 12, Offshore Mexico

Aug 16, 2021

Russian oil firm Lukoil said Monday it had started drilling its first exploration well at Block 12 offshore Mexico.The block is located 50 km off the coast, in the Gulf of Mexico, near the State of Tabasco, Mexico. It covers an area of 521 square meters…

Chevron Delays Office Return in California, Texas

Aug 16, 2021

Oil major Chevron Corp is postponing the full return of employees in California and Texas, joining a clutch of companies like Facebook Inc and Amazon.com Inc that have done the same because of a resurgence in coronavirus cases related to the fast-spreading Delta variant…

Sembcorp Marine Completes Construction of Offshore Wind Substations for Ørsted

Aug 16, 2021

Singapore's Sembcorp Marine has completed the construction of substations for Ørsted's Hornsea Two offshore wind farm in the UK.The two substations, the Offshore Substation (OSS) and Reactive Compensation Station (RCS), set off on a voyage to…

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