Energy News


US Explores Wind Energy Potential in Gulf of Mexico

Jun 08, 2021

The Biden administration on Tuesday said it will explore the potential of offshore wind energy development in the Gulf of Mexico, part of its goal to supercharge growth in clean energy over the next decade.'This is an important first step to see what role the Gulf may play in this exciting frontier…

OneSubsea Taps Siemens Energy for Bacalhau Subsea Sensors, Connectors

Jun 08, 2021

Schlumberger's OneSubsea has ordered a turnkey package from Siemens Energy for the Bacalhau field development project in the Pre-salt region of the Santos Basin. The Bacalhau oilfield, operated by Equinor, is located approximately 115 miles (185 kilometers) off Sao Paulo…

Dutch Gov't Awards $2.56B for Rotterdam Carbon Capture Project

Jun 08, 2021

The Dutch government on Tuesday confirmed that it has awarded 2.1 billion euros ($2.56 billion), nearly half of its 2021 annual budget for sustainable projects, to a project aimed at capturing and storing carbon emissions from Rotterdam Port…

Norway to Offer More Areas for Offshore Wind Farms Amid Strong Interest

Jun 08, 2021

Norway will identify additional offshore areas to build wind parks amid strong interest from energy firms, the government said on Tuesday, as the oil-producing country seeks to build a domestic offshore wind industry.Norway is now opening two offshore areas to build wind farms…

PHOTO: First Steel Cut for Bacalhau FPSO Topside

Jun 08, 2021

The first steel cutting ceremony was held last week at the BOMESC yard in China for the topside of an FPSO to be deployed at the Equinor-operated Bacalhau oil field off Brazil.The Bacalhau FPSO will be deployed to develop the first phase of the Bacalhau field in Brazil's pre-salt Santos Basin…

Tailwind Energy Completes Acquisition of Decipher Energy

Jun 08, 2021

UK-based oil and gas company Tailwind Energy has completed the acquisition of Decipher Energy an oil and gas company with assets in the UK North Sea.Decipher Energy owns 100% operated interests in Licence P.1606, covering the Orlando field, and Licence P…

Gastech 2021 to be Held in Dubai Instead of Singapore

Jun 08, 2021

Gastech, one of the world's largest exhibitions and conferences focused on gas and LNG will take place in Dubai, from 21-23 September 2021, instead of Singapore, as previously planned, event's organizers, dmg events, said Monday.The event will…

Erebus Floating Wind Farm: Geotechnical Investigations Start

Jun 08, 2021

Blue Gem Wind, the joint venture between TotalEnergies and Simply Blue Energy, has begun geotechnical investigations on the Angle Peninsula in Wales, to examine the onshore cable route for its planned Erebus floating wind farm.The work, which began in late May…

Ocean Infinity Acquires Ambrey

Jun 08, 2021

After it in recent months acquired MMT and Abyssal, marine robotics and offshore survey company Ocean Infinity has now acquired maritime services company, Ambrey for an undisclosed fee.UK-based Ambrey offers offshore services including, security…

Aker Solutions Delivers Another Jacket for Johan Sverdrup Offshore Field

Jun 08, 2021

Norway's Aker Solutions has delivered a steel substructure for the second phase of the giant, Equinor-operated, Johan Sverdrup oil field development, offshore Norway.After delivering three platform jackets for the first phase, another jacket delivery…

McDermott CEO David Dickson Resigns. Interim CEO Named

Jun 08, 2021

David Dickson, CEO of offshore installation and construction firm McDermott has decided to resign, the company said Monday. Dickson was CEO of the company since December 2013.Lee McIntire, an independent director on the McDermott Board of Directors…

Oil Jumps to Two-Year High. Strong Levels Here to Stay, Analyst Says

Jun 07, 2021

Oil jumped to a two-year high above $72 a barrel on Monday, extending this year's rally supported by recovering demand and OPEC+ supply curbs, before giving up the gains as investors took profits.Demand is rising in the United States and Europe as COVID-19 restrictions are loosened and…

Saipem Opens Offshore Construction Facility in Guyana

Jun 07, 2021

Italian offshore energy services company Saipem has inaugurated its new facility at the port of Georgetown, Guyana, to support its offshore oil and gas installation activities in the country.'The Saipem Guyana Offshore Construction Facility…

Island Offshore Takes Delivery of New PSV

Jun 07, 2021

Norwegian offshore vessel owner Island Offshore earlier this month took delivery of the platform supply vessel Island Discoverer. The vessel was completed by VARD Langsten this spring.“It is always exciting to take delivery of a new ship, and…

EU Approves $21.27B Just Transition Fund

Jun 07, 2021

European Union countries on Monday approved the bloc's flagship fund to wean them off fossil fuels and protect communities most affected, paving the way for members to start receiving the cash.The 17.5 billion euro ($21.27 billion) Just Transition…

Current News

Baker Hughes Secures Kuwait Oil Company Contract for Production Uplift

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

South Korean Firm Buys Into Indonesian Offshore Oil Block

US Orders Military to Enforce ‘Quarantine’ of Venezuelan Oil

Subscribe for OE Digital E‑News