V&SH Offshore Solutions, an offshore contractor specialized in testing and terminations, cable repairs, and outfitting of offshore high voltage assets has become a part of WTS Energy, an energy services firm providing engineering support and manpower supply…
Norway-based Solstad Offshore has secured an 18-month charter for its platform supply vessel Sea Falcon.The offshore vessel owner said the contract, with an unnamed client, included a one-year extension option.Solstad did say that the client…
Oil and gas firm LLOG on Wednesday announced the first production from its Praline offshore field, located in Mississippi Canyon Block 74 in the U.S. Gulf of Mexico.The Praline well was drilled in 2,600 feet of water to a total depth of 13,400 feet and discovered over 125 feet of net hydrocarbons…
Governments and private sector energy companies must work together to drive acceptance of energy transition targets, the chief executive of German utility RWE said on Tuesday, warning that behavior changes will be a hard sell.In a panel discussion…
Jan De Nul Group said Wednesday it had completed the installation of all 21 offshore wind turbines for the 109.2 MW Taiwan Power Company Offshore Windfarm Phase 1 Project – Demonstration, including the installation of all subsea cables.The TPC Offshore Wind Farm near Fangyuan…
Oil major BP said Wednesday it had started up production from the Manuel project in the US Gulf of Mexico, 'the fourth of five major projects expected to be delivered globally in 2021.'The Manuel development is located on Mississippi Canyon block 520…
Norway has awarded four exploration licenses to seven oil companies that include three for the Barents Sea in the Arctic in a sign that the country aims to continue to pump hydrocarbons for decades to come.The awards were part of Norway's so…
Norway’s oil and gas industry is counting on renewable power from hydro plants to cut emissions from its offshore platforms but rival demand from the green economy is putting a spanner in the works.The decision to keep investing in new oil and…
U.S. energy services firm Baker Hughes Co on Tuesday said regulatory frameworks are needed to help spur the growth of energy transition technologies, such as hydrogen, as its top executive called on regulators to create incentives to reduce emissions…
London-listed oil and gas company Harbour Energy said Wednesday it expected the first production from its Tolmount field in the UK North Sea around the end of July.The Tolmount gas field is located in Block 42/28d, in the UK southern North Sea…
Oilfield services firm Petrofac will continue supporting the Kittiwake platform offshore the UK, following the award of a one-year contract extension from the oil company EnQuest.Under the terms of the contract, Petrofac will continue in its capacity as Duty Holder of Kittiwake…
Dutch offshore installation firm Heerema Marine Contractors said Wednesday its heavy lift vessel Sleipnir had broken records on the Johan Sverdrup Phase 2 development project in Norway.'On June 18, Sleipnir successfully installed the 12,050 metric ton Johan Sverdrup processing platform (P2) jacket…
Floating wind technology developer BW Ideol has teamed up with Hitachi ABB Power Grids on developing scalable floating substations for offshore wind.In what has been described as an industry-first collaboration, the duo will work on developing…
Benchmark oil prices could hit $100 a barrel and price volatility could also grow due to lower investments and the energy transition, the heads of top energy companies said on Tuesday.'There is quite a chance to reach $100 but we could see again…
Crude oil prices settled slightly lower on Tuesday after Brent rose above $75 a barrel for the first time in over two years, as OPEC+ discussed raising oil production.Brent crude futures settled down 9 cents to $74.81 a barrel after hitting a session high of $75…