Energy News


Halliburton, Schlumberger Suspend Operations in Russia amid U.S. Sanctions

Mar 21, 2022

U.S. oilfield services companies Halliburton and Schlumberger said on Friday they have suspended or halted Russia operations in response to U.S. sanctions over Moscow's invasion of Ukraine.The disclosures followed widespread departures by energy…

Regulator: Brazil Cannot Add Oil to the Market Any Faster

Mar 21, 2022

Brazil this decade expects to gradually add 3 million barrels per day of oil and gas to its production but cannot speed up those plans to offset a ban on Russian oil, top oil regulator Rodolfo Saboia told Reuters last week.One of the largest and fastest-growing non-OPEC oil producers…

Energy Transition: UK Oil and Gas Authority Changes Name

Mar 21, 2022

UK offshore oil and gas regulator the Oil and Gas Authority on Monday announced the name change to the North Sea Transition Authority (NSTA) 'to reflect its evolving role in the energy transition.''In 2021, the OGA revised our strategy to put…

Neptune Energy Finds Hydrocarbons at Hamlet Well, Offshore Norway

Mar 21, 2022

Oil and gas company Neptune Energy said Monday it had encountered hydrocarbons at the Hamlet exploration well in the Norwegian sector of the North Sea.'Having entered the reservoir, located within the Gjøa licence (PL153), logs encountered hydrocarbons and a decision was made to initiate coring…

Dutch Test Barriers to Prevent Ships from Hitting Wind Turbines

Mar 18, 2022

In research prompted by the incident in the Dutch North Sea in January when a drifting bulk carrier hit offshore wind facilities, Dutch maritime research institute MARIN this week, with industry partners, tested three innovative barriers aimed at averting collisions between ships and wind turbines…

OSM to Supervise Construction of Ocean Infinity's Robotic Vessels in Norway

Mar 18, 2022

Maritime and offshore service provider OSM Maritime Group will act as Ocean Infinity's newbuild site supervision partner, for six robotic offshore vessels being built for Ocean Infinity in Norway, for its Armada Fleet.Four vessels will have a length of 21 meters and tow vessels of 36 meters…

Kongsberg's cNODE Mantis: A Second Set of Eyes For Subsea Installation Tasks

Mar 18, 2022

Norwegian marine technology company Kongsberg Maritime has this week launched cNODE Mantis – a new addition to the cNODE product range of acoustic modems which introduces the new capability to stream a live video feed for a variety of subsea installation tasks…

Equinor Sees Renewables Generating 10% of its Energy by 2030

Mar 18, 2022

Norway's Equinor said on Friday it expects renewable sources to account for about 10% of its energy output in 2030 despite a sharp increase in investment, while oil and gas will make up the remaining 90%.The majority of state-owned company plans…

2022 Offshore Achievement Awards Winners Revealed

Mar 18, 2022

The winners of the 2022 Offshore Achievement Awards have been revealed at the Offshore Achievement Awards dinner in Aberdeen, acknowledging the achievements and outstanding performance of companies and individuals in the offshore energy industry…

Heerema to Install 9,500t Substation Topside for Dogger Bank C Offshore Wind Farm

Mar 18, 2022

Offshore installation specialist Heerema Marine Contractors has secured a contract for the transport and installation of the Dogger Bank C offshore substation, part of the Dogger Bank project in the UK, which will be the world's largest offshore wind farm…

UKCS: Shell Releases Amended Plan for Jackdaw Gas Field Development

Mar 18, 2022

Shell on Friday released an amended plan for the development of a major North Sea gas field which British regulators initially rejected last year on environmental grounds.Shell said in the new environmental development plan of the Jackdaw field that it aims to start production from the field…

TMC, Allseas to Develop Commercial Seabed Nodule Collection System. Plan to Buy Another Drillship

Mar 18, 2022

The Metals Company (TMC), a company extracting battery metals from seafloor polymetallic nodules, said Friday its subsidiary NORI had signed a non-binding term sheet with its strategic partner and shareholder, Allseas to develop and operate a commercial nodule collection system…

Harland & Wolff Appoints Groat as Chairman of Its Board

Mar 18, 2022

Harland & Wolff Group Holdings plc has appointed Malcolm Groat as Chairman of the Board of Directors. Groat had earlier assumed the role of Interim Chairman on September 27, 2021, after Clive Richardson stepped down from the Board.The company…

Japan to Speed Up Offshore Wind Efforts in Wake of Ukraine Crisis

Mar 18, 2022

Japan will accelerate its efforts to develop offshore wind power projects, its industry minister said on Friday.Officials in the resource-poor Japan are concerned Russia's invasion of Ukraine and the ensuing surge in oil prices could hit economic growth…

Petronas Wins Bid for Oil and Gas Block in Indonesia

Mar 18, 2022

Petronas' subsidiary PC Ketapang II has won the North Ketapang block, located onshore and offshore East Java, Indonesia, during the second round of the Indonesia Petroleum Bid Round 2021.The result was announced by the Ministry of Energy and Mineral Resources…

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