Industry News


Japan and US Team Up to Cut Floating Wind Costs

Apr 12, 2024

Japan has agreed to partner with the United States to help reduce the cost of floating offshore wind projects, the White House said in a statement released during Prime Minister Fumio Kishida's visit to Washington to meet with President Joe Biden…

Brazil Judge Suspends Petrobras Chair Over Conflict of Interest

Apr 12, 2024

A Brazilian judge has suspended the chair of state oil firm Petrobras, Pietro Sampaio Mendes, over a conflict of interest regarding his role in the Ministry of Energy, a court decision seen by Reuters on Thursday showed.The ruling by Sao Paulo…

Bakker Sliedrecht Completes ESS Upgrade of Two Boskalis’ Diving Support Vessels

Apr 12, 2024

Bakker Sliedrecht has implemented energy storage systems (ESS) on board of the two Boskalis diving support vessels - BOKA Atlantis and BOKA Da Vinci.The installation of the ESS reduces the vessels’ fuel consumption and associated carbon dioxide…

Enauta Moves Forward with 3R Petroleum Merger

Apr 12, 2024

Enauta has signed a memorandum of understanding (MoU) with 3R Petroleum and Maha Energy regarding the potential transaction involving the integration of Enauta and 3R’s activities, which would create one of the largest oil and gas companies in Latin America…

He Dreht Offshore Wind Farm to Power Steel Production in Germany

Apr 12, 2024

Energy utility giant EnBW and steel company SHS - Stahl-Holding-Saar have signed a power purchase agreement (PPA) for the supply of green electricity from the He Dreht offshore wind farm that will be used to power steel production.The long-term…

Shell Inks Deal with Eco Wave Power for US Wave Energy Pilot

Apr 12, 2024

Swedish-Israeli company Eco Wave Power has entered an agreement with Shell for the development of first-ever United States’ wave energy pilot station at AltaSea’s Premises in the Port of LA.Though Eco Wave Power did not specify the name of the ‘major energy company’ it made an agreement with…

Subsea7 Secures Work with Talos Energy in Gulf of Mexico

Apr 12, 2024

Offshore services firm Subsea7 has secured a ‘sizeable’ contract with U.S. oil and gas company Talos Energy for its Sunspear development in the Gulf of Mexico.The project involves the subsea tie back of one production well at Sunspear to the Prince platform…

ADNOC Recently Eyed BP as Takeover Target

Apr 11, 2024

The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary discussions, people familiar with the matter told Reuters.Abu Dhabi National Oil Company (ADNOC)…

Venterra’s GDG to Provide Geophysical Services for Polish Offshore Wind Farm

Apr 11, 2024

Venterra Group's company Gavin & Doherty Geosolutions (GDG), a global offshore wind services provider, has secured a contract to provide early supervisory and investigatory geophysical and geotechnical services for the Baltica 1 offshore wind farm…

PetroNor E&P Strikes Oil at Congo’s PNGF Sud Field Well

Apr 11, 2024

Oil and gas company PetroNor E&P has encountered oil bearing sandstones in a new well drilled by Dixstone Drilling’s Axima jack-up rig at Perenco-operated PNGF Sud field, offshore Congo.The Axima rig started drilling the new Tchibeli North East infill well on February 8 2024…

Woodside Cancels Sale and Retains Ownership of Macedon and Pyrenees Assets

Apr 11, 2024

Australia’s top oil and gas company Woodside has decided to retain its current ownership in the Macedon and Greater Pyrenees assets, after considering the divestment of its interest in the fields offshore Western Australia.Woodside started a…

Tyra Redevelopment: Gas Export Starts from Satellite Field Harald

Apr 11, 2024

The Tyra Redevelopment Project (Tyra II) continues to progress according to plan with the start of processing and export of gas from the Tyra Satellite Harald field.The gas export from the Tyra Satellite Harald field was achieved in the evening of April 10…

Shelf Drilling Barsk Jack-Up on Extended Stay with Equinor Offshore Norway

Apr 11, 2024

Offshore drilling contractor Shelf Drilling has secured a contract extension for the Shelf Drilling Barsk jack-up rig with Equinor for operations at the Gudrun field located offshore Norway.The firm term of the extension is two wells with an estimated duration of 254 days in total…

Stena Forth Drillship Up for Morocco Job as Energean Assumes Operatorship of Two Licenses

Apr 11, 2024

Moroccan authorities have approved the partnership agreement Chariot signed with Energean regarding the interest and operatorship of Lixus and Rissana licences, as Stena Drilling’s Stena Forth drillship gets the job for new appraisal well.The partnership agreements between Chariot and Energean…

Petrobras Finds Oil in Ultra-Deep Waters of Potiguar Basin

Apr 11, 2024

Petrobras has discovered an oil accumulation while drilling the Anhangá exploratory well in the ultra-deep waters of the Potiguar Basin, located in the Equatorial Margin.The well, located in the POT-M-762_R15 concession, is the second discovery in the Potiguar Basin in 2024…

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