Offshore Energy News - page 2


Curran Confirmed as Permanent CEO of Barryroe Offshore Energy. CFO Elected, Too

Feb 01, 2023

Ireland-based oil company Barryroe Offshore Energy has confirmed the appointment of Alan Curran as Chief Executive.  Curran has held the role of Interim Chief Executive since July 4, 2022.Also, the company, previously known as Providence Resources…

All 47 Turbines Installed at Formosa 2 Offshore Wind Project

Feb 01, 2023

All 47 offshore wind turbine generators have been installed at the Formosa 2 offshore wind project the 376MW Formosa 2 offshore wind project off the coast of Miaoli in western Taiwan.The last wind turbine was successfully installed on January 31…

Aker BP Selects TechnipFMC for Subsea Tie-in Projects in North Sea

Feb 01, 2023

Oilfield services firm TechnipFMC said Tuesday it had won a 'large' integrated engineering, procurement, construction, and installation (iEPCI) contract by with the Norwegian offshore oil company Aker BP for its Utsira High development. For TechnipFMC…

Neptune Energy Brings Online 10th Well at Cygnus Offshore Field

Feb 01, 2023

Oil and gas company Neptune Energy and its partner, Spirit Energy, said Wednesday that production had started from the tenth well at the Cygnus gas field in the southern North Sea, offshore the UK.Neptune said that the start-up of the well unlocked additional supplies for UK homes and businesses…

Ørsted Says Offshore Business Faced Headwinds in Q4

Feb 01, 2023

Denmark's Ørsted, the world's No. 1 offshore wind farm developer, on Wednesday reported fourth-quarter operating profit in line with preliminary 2022 numbers but said its offshore business faced challenges. 'In a year with unusual market conditions…

Exxon Banks Record $56B Profit in '22

Jan 31, 2023

Exxon Mobil Corp posted a $56 billion net profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry. Oil majors are…

U.S. Major ExxonMobil Faces $220M Tax Claim from Russia

Jan 31, 2023

The Russian General Prosecutor's Office is asking a court to recover 15.5 billion roubles ($220 million) in allegedly unpaid taxes from U.S. oil major ExxonMobil , local news agencies TASS and Interfax reported on Tuesday citing court documents…

Marlink Comms Solutions for 102 Miclyn Express Offshore Vessels

Jan 31, 2023

Marlink, a global provider of satellite and digital communication solutions, is implementing a fleet-wide migration of its smart managed network solution for offshore vessel operator Miclyn Express Offshore (MEO Group) to support its ongoing digitalization program…

Delta-shaped Foundation for Giant Floating Wind Turbines Gets ABS Approval

Jan 31, 2023

The American Bureau of Shipping (ABS) has approved in principle the Bassoe D-Floater, a floating offshore wind turbine foundation.It is said that the Bassoe D-Floater foundations will be able to handle 15 megawatt offshore turbines, which will be among the world's largest…

Indonesia to Offer 10 Oil and Gas Blocks in 2023, Including in South China Sea

Jan 30, 2023

Indonesia plans to offer 10 oil and gas working areas this year, including a block in the South China Sea, amid efforts to boost energy production and make new discoveries, a senior energy ministry official said on Monday.In 2022, Indonesia…

TAQA, Fugro in Europe's "First" Uncrewed Offshore Integrity Inspection

Jan 30, 2023

Oil and gas firm TAQA has partnered with the Dutch offshore survey company Fugro for a pilot project using uncrewed surface vessels for underwater inspections.According to TAQA, its Dutch subsidiary TAQA Netherlands is 'the first oil and gas…

Oil and Gas Ops Get a Digital Upgrade with Baker Hughes, Corva Partnership

Jan 30, 2023

Energy industry technology firm Baker Hughes has partnered up with Houston-based cloud-based well construction digital solution provider Corva, 'to bolster oil and gas customers’ rig visualization and drive enhanced decision making across the well lifecycle…

Eni Pens $8B Libya Offshore Gas Deal

Jan 29, 2023

Italian energy company Eni and Libya's National Oil Corporation (NOC) signed an $8 billion gas production deal on Saturday aimed at boosting energy supplies to Europe despite the insecurity and political chaos in the North African country. The deal…

TotalEnergies, Partners to Start Drilling Offshore Lebanon in Q3 2022

Jan 29, 2023

TotalEnergies is keen to start work on Lebanon's offshore Block 9 'as soon as possible', with assessments to begin early next month and well-drilling to launch in the third quarter of 2023, its CEO Patrick Pouyanne said on Sunday.Pouyanne was…

New Petrobras CEO Says to Drive Energy Shift while Expanding Oil and Gas

Jan 27, 2023

The new chief executive of Petrobras told employees the oil company will drive Brazil's transition to renewable energy, while keeping its oil and gas expansion on track.The first remarks by Jean Paul Prates as CEO, in a video to employees, mark a strategy shift for the state-run firm…

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