Energy News


Weatherford CFO Jennings to Leave in July

few minutes ago

U.S. oilfield services company Weatherford International announced Monday that H. Keith Jennings, Executive Vice President and Chief Financial Officer, would leave the company on July 31, 2022. '[Jennings'] leaving the company is not the result…

Vantage Drilling's Q1 Loss Narrows. Sale of Jack-up Rig Trio to ADES to Close in Q2

1 hour ago

Offshore drilling company Vantage Drilling International reported a net loss attributable to controlling interest of about  $14.9 million in the first quarter of 2022.For comparison, in the first quarter of last year, Vantage Drilling's net loss attributable to controlling interest was  $36…

CBED to Provide Accommodation Vessel for German North Sea Wind Farm Projects

2 hours ago

Offshore accommodation company CBED has won a contract for its Wind Innovation vessel on the DanTysk and Sandbank offshore wind farms in the German North Sea.'With the operations and maintenance service contract with DanTysk Sandbank Offshore Wind GmbH & Co…

Well Integrity and P&A: HydraWell and READ Agree to Merge

2 hours ago

Norway's HydraWell and UK-based READ have agreed to merge to create a well integrity specialist focused on late-life oilfield activities, including permanent plugging and abandonment of hydrocarbon wells.According to a statement issued Monday…

Report: Shell's North Sea Gas Field Plan Set for 'Imminent' Approval

4 hours ago

Shell’s revised plan for the development of the Jackdaw offshore gas field in the UK North Sea expected to be approved soon, according to a report by The Sunday Times.The Jackdaw is an ultra-high pressure/high-temperature gas condensate field in the Central North Sea…

Norway's Hammerfest LNG Plant Extends Outage

5 hours ago

Norway's Hammerfest LNG plant is now expected to restart on May 23, six days later than the previous plan and further delaying operations since a fire in 2020, Norwegian gas system manager Gassco and operator Equinor said on Monday.'During the weekend…

RWE Joins Race for Hollandse Kust West Wind Farms

6 hours ago

German renewable energy company RWE said Monday it was taking part in the Dutch offshore wind tender for Hollandse Kust West (HKW).The news comes after the likes of BP, TotalEnergies, Orsted, Shell, and Eneco, announced their participation in the offshore wind tender…

Petrobras Cancels Sale of Deepwater Assets in Sergipe-Alagoas Basin in Brazil

7 hours ago

Brazilian oil company Petrobras has decided not to sell its deepwater assets in the Sergipe-Alagoas Basin offshore Brazil, originally put up for sale in 2018.The company said Saturday it had decided to conclude the competitive process, which was in the binding phase…

Saudi Aramco Sees 1Q Net Profit Soar 82%

7 hours ago

Saudi state-owned oil producer Saudi Aramco on Sunday reported an almost 82% rise in first-quarter net profit, broadly in line with analyst forecasts, helped by strong oil prices.Aramco, which is at par with Apple Inc as the world's most valuable company…

UK-based Waste Management Firm to Store CO2 Under Seabed in Norway

May 13, 2022

Cory, a UK-based waste management and recycling company, might soon ship carbon dioxide from its 'energy from waste operation' on the River Thame in London to Norway's Northern Lights subsea carbon storage facilities.Cory and Northern Lights…

Siemens Gamesa Hires Seajacks Zaratan Jack-up for Offshore Wind Project in Taiwan

May 13, 2022

Offshore wind turbine maker Siemens Gamesa Renewable Energy has hired Seajacks' offshore installation vessel Seajacks Zaratan for work offshore Taiwan.Seajacks Zaratan features 800t crane and 2,000m² deck space and is used for offshore wind farm construction and substation commissioning…

Ørsted, TotalEnergies Team Up for Dutch Offshore Wind Tenders

May 13, 2022

Ørsted and TotalEnergies said Friday they would jointly submit bids for the two Dutch offshore wind tenders “Holland Coast West” also known as Hollandse Kust (west).The Holland Coast West wind farms will be located approximately 53 km off the Dutch coast and have a combined capacity of nearly 1…

NOIA: U.S. Gov't Move Against Offshore Oil & Gas Lease Sales 'Devastating to Americans'

May 13, 2022

Erik Milito, president of the U.S. National Ocean Industries Association, said this week that the U.S. government's decision not to hold offshore oil and gas lease sales in the Gulf of Mexico and Alaska’s Cook Inlet was expected, but also 'devastating to Americans…

Brazil New Energy Minister Call For Studies on Petrobras Privatization

May 13, 2022

Brazil's newly appointed mines and energy minister, Adolfo Sachsida, said on Wednesday he will request studies on Petrobras' privatization as his first act in office.'I request the beginning of the studies pending the proposal of the legislative changes necessary for the Petrobras' privatization…

Current News

Weatherford CFO Jennings to Leave in July

Vantage Drilling's Q1 Loss Narrows. Sale of Jack-up Rig Trio to ADES to Close in Q2

DOF Wins $260M in AHTS, ROV Deals with Petrobras in Brazil

CBED to Provide Accommodation Vessel for German North Sea Wind Farm Projects

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