Industry News


Senegal's President Calls on Africa to Harmonize Oil Legislation

Dec 16, 2021

Africa needs harmonized oil legislation to avoid ruinous competition among its oil-producing nations as they vie for investors, Senegal's President Macky Sall told an oil conference on Thursday.Sall said that as some developed nations push for an end to investments in fossil fuels…

Greater Tortue Ahmeyim Offshore Gas Project Making Good Headway, Mauritania Oil Minister Says

Dec 16, 2021

Greater Tortue Ahmeyim, the Kosmos and BP-backed gas project straddling Mauritania and Senegal, has resumed activities and is making 'good headway,' Mauritania's oil minister told an oil conference in Senegal on Thursday.'We have resumed our activities…

Talos Energy Names Director to Lead Low Carbon Business

Dec 16, 2021

U.S. oil company Talos Energy has appointed Robin Fielder as the Company's first Executive Vice President Low Carbon Strategy and Chief Sustainability Officer. Under the newly created executive leadership role,  Fielder will serve as the lead…

Kongsberg Maritime Upgrades Alvheim FPSO's Safety and Automation Systems

Dec 16, 2021

Kongsberg Maritime said Thursday it had successfully upgraded the safety and automation systems on Aker BP's Alvheim FPSO in Norway.Formerly a tanker named Odin, the vessel was converted into an FPSO in 2008 and renamed Alvheim in recognition of the oil field in which it operates…

PetroNor CEO Arrested. Interim CEO Named

Dec 16, 2021

Knut Søvold, CEO of the Oslo--listed oil and gas company PetroNor E&P, has been arrested as part of a criminal investigation in Norway.This was shared by PetroNor E&P on Thursday, a day after the company said that the National Authority for…

Competition Regulator OKs Woodside's Merger with BHP's Oil & Gas Business

Dec 16, 2021

Australia's competition regulator approved Woodside Petroleum's agreed $28 billion merger with BHP Group's petroleum arm on Thursday, saying it would not reduce competition in the domestic gas market.The Australian Competition and Consumer Commission…

Lime Petroleum Gets Approval to Buy Repsol's Brage Field Stake (Norway)

Dec 16, 2021

Oil and gas company Lime Petroleum received approval from the Norwegian authorities to acquire Repsol’s 33.8434 stake in the Brage field in the North Sea, offshore Norway.'With this approval, the acquisition is expected to be completed by December 31…

Viaro Energy Sells Foinaven Field Stake to BP

Dec 16, 2021

Viaro Energy's subsidiary Rockrose UKCS 10 Ltd has struck a deal to sell its 28% non-operated stake in the Foinaven offshore oil field, west of Shetland, to BP.The Foinaven oil field sits 190 kilometers west of Shetland in water depths of between 350 and 520 meters and is operated by BP…

Offshore Wind: DEME Offshore to Install Inter-Array Cables at Dogger Bank C

Dec 16, 2021

Belgium-based DEME Offshore has won a contract to deliver and install inter-array cables at the Dogger Bank C offshore wind farm in the UK.Dogger Bank C is the third phase of the 3.6 GW Dogger Bank Wind Farm which will be the world's largest offshore wind farm once fully complete…

Wison Offshore & Marine's Floating Wind Platform Gets ABS AiP

Dec 15, 2021

American Bureau of Shipping (ABS) has awarded China's Wison Offshore & Marine (WOM) Approval in Principle (AIP) for its w.semi platform supporting floating wind turbines.Designed for use in the South China Sea to support the emerging Chinese offshore wind industry…

Five Firms Seek to Develop CO2 Storage off Norway

Dec 15, 2021

Five companies have applied to build carbon dioxide (CO2) storage on the Norwegian continental shelf, the country's oil and energy ministry said on Wednesday.The ministry proposed in September two offshore areas, one in the North Sea and one in the Arctic Barents Sea…

Brazil: Helix Energy Solutions Wins One-year Charter Extension for 'Siem Helix 2'

Dec 15, 2021

U.S.-based Helix Energy Solutions Group has secured an extension of its well intervention charter and services contracts with Brazil's Petrobras for the Siem Helix 2 well intervention vessel.'The initial four-year contract for the Siem Helix…

Tidal Power: Orbital Eyes Multi-device Deployment Across UK

Dec 15, 2021

UK-based tidal energy technology firm Orbital said Wednesday it would qualify multiple applications for submission into the UK Government’s Allocation Round 4 (AR4) of the Contracts for Difference (CfD) scheme.'Following a series of good news stories for tidal energy commercialization in 2021…

Oil Plus to Develop Maintenance Strategy for DeNovo's Trinidad Offshore Platform

Dec 15, 2021

Oilfield consultancy company Oil Plus has said it has won a deal to develop the maintenance strategy and program for DeNovo’s renewable energy powered Zandolie platform, located offshore western Trinidad.The unmanned gas producing installation…

OGUK Urges Offshore Workers to Get a Jab as Omicron Cases Keep Rising

Dec 15, 2021

OGUK, a UK-based association representing the country's offshore oil and gas industry, has given a 'strong recommendation' for offshore workers to get fully vaccinated against COVID as omicron cases continue to rise.The association, through its Pandemic Steering Group…

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