A keel laying ceremony was held earlier this week for a Construction Service Operation Vessel ordered by Olympic in 2022 from Ulstein.The ceremony was held on March 14 at the hull yard CRIST. This is vessel number two, yard number (yno) 319…
Floating offshore wind developer BlueFloat Energy said Thursday that its 1GW ‘Winds of September’ floating wind project had taken a step further by deploying a floating LiDAR in the waters off Hsinchu, Taiwan. The project was named after the…
DNV said Thursday it was assisting Korea Electric Power Corporation (KEPCO) Research Institute in the development of a long-term offshore power grid plan to deliver renewable offshore wind power to South Korea. The project is scheduled for completion by mid-2025…
Exxon Mobil Corp is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from non-core assets, the company said in a statement on Wednesday. The Rovigo liquefied natural gas (LNG)…
The U.S. Environmental Protection Agency (EPA) by May should complete a review of Louisiana's request to take on oversight of carbon capture projects, according to a letter to the state, which wants to speed up approvals.Louisiana is seeking to permit and monitor so-called Class VI wells…
JX Nippon Oil & Gas Exploration Corporation has to acquire the entire issued shares of the offshore drilling firm Japan Drilling Co., Ltd. (“JDC”).The company plans to complete the acquisition around the end of April of 2023.'Upon completion of the acquisition…
Oil and gas company Karoon said Wednesday that production had started from the PAT-2 at the Patola field in the BM-S-40 production license in Brazil.The well, one of two new production wells drilled at the field, came onstream on March 15, 2023 at a rate of 12…
Golar LNG has acquired New Fortress Energy's (NFE) stake in FLNG Hilli - also known as Hilli Episeyo. 'In return for NFE’s 50% Common Unit holding in Golar Hilli LLC, Golar has transferred its remaining 4.1 million NFE shares to NFE, paid NFE $100 million in cash…
Oil major Shell has sanctioned the development of the Dover offshore oil field in the Gulf of Mexico.Shell plans to develop the Dover project as a subsea tieback to the Shell-operated Appomattox offshore production platform, with two production wells produced through a 17…
Russian President Vladimir Putin said on Tuesday that last year's blasts on the Nord Stream gas pipelines had been carried out on a 'state level', dismissing the idea an autonomous pro-Ukraine group was responsible as 'complete nonsense.'The…
Operations and Maintenance Base for what will be the world's largest offshore wind farm - the Dogger Bank - was officially opened on Tuesday in Port of Tyne.Equinor, a partner in the North Sea wind farm, said that the O&M base would serve as the hub for operations for Dogger Bank Wind Farm…
Shell's Malaysian subsidiary Sarawak Shell Berhad has completed the previously announced sale of its stake in two offshore production sharing contracts (PSC) in the Baram Delta to Petroleum Sarawak Exploration & Production Sdn. Bhd. (“PSEP”)…
Philippine holding firm Prime Infrastructure Capital Inc aims to put new wells at the country's only major natural gas project into commercial operation in 2026, and is seeking other fields to ensure long-term output, its CEO told Reuters on Wednesday…
Dutch offshore survey firm Fugro and Brazil's national oil company Petrobras have completed what they say is Brazil's first-ever remote subsea inspection survey.Fugro said that the technology trial was carried out with the aim of minimizing risk and improving sustainability during inspection…
Norwegian offshore vessel owner Rem Offshore on Tuesday announced it has secured multiple contracts for several of its platform supply vessels (PSV).Rem Cetus, Rem Insula and Rem Server have been extended for one year with Apache North Sea Limited in the U…