Activity News


Inmarsat Wins Court Case over 5G Use in The Netherlands

Jul 01, 2021

A Dutch court on Wednesday ruled in favor of Inmarsat in a dispute over the use of 5G bandwidth in the Netherlands, ordering the government to suspend a decision to reserve the bandwidth for telecommunications as of Sept. 1, 2022.Inmarsat currently uses the 3…

Nigeria: Parliament to vote on Oil and Gas Overhaul Bill Designed to Attract Investments

Jul 01, 2021

A long-awaited bill to overhaul nearly every aspect of oil and gas production in Nigeria has been presented in both chambers of parliament, which could vote on the package as early as today, members of parliament told Reuters.Legislators have…

ADNOC Adds Goldman Sachs to Lead Drilling Unit IPO

Jul 01, 2021

Abu Dhabi National Oil Company (ADNOC) has added Goldman Sachs to a lead role on the initial public offering of its drilling unit, sources said, in the bank's first such high-profile deal in the emirate since 2019.Goldman Sachs' investment banking…

Equinor's Martin Linge Field Brought Online after Years of Delays

Jul 01, 2021

After years of delays, and hefty cost overruns Equinor's Martin Linge oil and gas field in the North Sea off Norway, has come on on stream.The field, which was originally expected to start producing in 2016, finally started production on Wednesday at 21…

Exxon Lobbyist Duped by Greenpeace Says Climate Policy was a Ploy

Jul 01, 2021

A lobbyist for Exxon Mobil Corp said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be adopted, according to an interview aired on Wednesday.Britain's Channel 4…

Chariot Names Drilling Manager for Anchois Project, Offshore Morocco

Jul 01, 2021

Africa-focused oil and gas company Chariot has appointed David Brecknock to the role of Drilling Manager, to lead the company's planned Anchois gas appraisal well drilling within the Lixus licence, offshore Morocco.The objectives of the drilling…

Delfin Asks for Another Year to Build Louisiana Floating LNG Project

Jul 01, 2021

U.S. liquefied natural gas (LNG) developer Delfin LNG asked federal energy regulators for a third extension until September 2022 to bring into service the onshore facilities of its proposed floating LNG export plant off the coast of Louisiana…

Esvagt's New SOV Set to Start Work on Moray East Offshore Wind Farm

Jul 01, 2021

Danish shipowner Esvagt said Thursday its newbuilt offshore wind service vessel Esvagt Alba was set to start its contract in the UK with wind turbine maker Vestas.The Esvagt Alba service operations vessel, delivered last week by Havyard, will…

Report: BW Energy, DBO Bid for Petrobras' Golfinho Offshore Fields

Jul 01, 2021

Norway's BW Energy Ltd and Brazil's DBO Energy have submitted binding offers for Petrobras' Golfinho offshore oilfields, two sources with knowledge of the matter told Reuters.Petroleo Brasileiro SA, as Brazil's state-run oil company is formally known…

OPEC+ Meets to Decide on Oil Output Policy

Jul 01, 2021

The OPEC+ group of oil producers meets on Thursday to decide on a further easing of output cuts next month and could also consider extending its overall supply pact beyond April 2022, sources within the group told Reuters.The group comprising…

Aker Solutions, AF Gruppen to Merge Offshore Decommissioning Businesses

Jul 01, 2021

Norwegian Engineering and construction groups Aker Solutions and AF Gruppen have signed a Letter of Intent (LOI) to merge the two firms’ existing offshore decommissioning operations.They've agreed to merge the offshore decommissioning operations…

Orsted, EDF-Shell JV Wind New Jersey Offshore Wind Farm Tenders

Jul 01, 2021

New Jersey regulators on Wednesday announced that Orsted and a consortium between Royal Dutch Shell and EDF have been awarded two offshore wind farm tenders in the Northeastern state, which it said would be a boon for local manufacturing and create 7…

Report: Angola Owes $1 Billion to Western Oil Firms

Jun 30, 2021

Angola has accumulated around $1 billion in debt to western oil companies operating its oilfields, with the bill prompting the African country’s recently launched sale of stakes in its flagship offshore blocs, three industry sources told Reuters…

Aker BP Presses Ahead with Kobra East & Gekko Development. Tie-back to Alvheim FPSO Planned

Jun 30, 2021

Norwegian oil and gas company Aker BP has filed a plan for development and operation (PDO) for Kobra East & Gekko (KEG) offshore development in the North Sea, offshore Norway.Total investments in the project are projected at around NOK 8 billion (appr…

Vestas, Iberdrola Confirm Baltic Eagle Offshore Wind Turbine Contract

Jun 30, 2021

Offshore wind turbine maker Vestas said Wednesday it had finalized the turbine supply deal with Spanish renewables giant Iberdrola for the Baltic Eagle offshore wind farm in Germany.The wind farm is being developed off the island of Rügen, in German waters of the Baltic Sea…

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