Industry News


Saipem Bags Offshore Contracts Worth $650M

Apr 03, 2023

Italian energy industry services firm Saipem said Monday it had won three new offshore contracts and two competitive FEED contracts totaling around $650 million.Azule Energy has assigned the first contract for the Agogo Full Field Development project…

Italy's Eni Involved in 5 UK Carbon Capture Projects

Apr 03, 2023

Italy's Eni said on Friday it was involved in five carbon capture projects selected by Britain in a first group of initiatives worth 20 billion pounds ($25 billion) of government funding.The British government last Thursday said it had shortlisted…

Short-term Extension for Abo FPSO in Nigeria

Mar 31, 2023

BW Offshore has signed a short-term extension for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A.In January 2023, the contract for Abo FPSO, used for production from the Abo field offshore Nigeria, was extended until the end of March 2023…

New Service Operation Vessel Arrives at Seagreen Wind Farm Base in Scotland

Mar 31, 2023

A new service operation vessel (SOV) has arrived at Scotland's Montrose Port, home to Seagreen offshore wind farm’s operations and maintenance base, SSE Renewables, a partner in the offshore wind farm project has informed.The 82-meter-long Edda…

Vestas to Supply 15MW Turbines for Floating Offshore Wind Project in South Korea

Mar 31, 2023

Danish wind turbine maker Vestas said Friday it had signed a preferred supplier agreement to supply its giant 15MW offshore wind turbines for a floating wind project in South Korea.Vestas did not say who the client was. It did say that the floating…

AI to Boost Efficiency of Scotland's First Offshore Wind Farm

Mar 31, 2023

UK-based machine learning and applied AI company Cognitive Business has won a contract to provide a complete package of AI and forecasting to RWE’s Robin Rigg wind farm offshore Scotland.Congitive Business will to provide the wind farm with a suite of AI…

Jersey Oil & Gas in Exclusive Talks Over Greater Buchan Area Farm-out

Mar 31, 2023

UK North Sea-focused oil and gas company Jersey Oil & Gas said Friday it was in advanced exclusive negotiations with a significant UK North Sea operator over a farm-out of its interest in the Greater Buchan Alpha offshore licenses.Jersey Oil…

Shell CEO to Split Up Renewables and Low-carbon Division

Mar 31, 2023

Shell is splitting up its renewables and low-carbon division as part of CEO Wael Sawan's shake-up to boost the energy giant's returns.The changes come as Sawan, who took office at the start of the year, has signaled in recent weeks that Shell…

UK Shortlists BP, Equinor Low-carbon Gas Power Project for Support

Mar 31, 2023

Britain shortlisted for state support a project by BP BP.L and Equinor to build a large-scale gas power plant with carbon capture and storage (CCS), the government's latest selection round showed on Thursday.The British government has shortlisted…

Norway Offers New Exploration Licenses for CO2 Storage in North Sea

Mar 31, 2023

The Norwegian Ministry of Petroleum and Energy on Friday offered two new exploration licenses related to CO2 storage on the Norwegian continental shelf in the North Sea.The two exploration licenses offered are located in the southern part of the North Sea…

Shell Australia Names New Chair

Mar 30, 2023

Cecile Wake will succeed Tony Nunan as Chair of Shell Australia effective May 22, 2023, Shell Australia said Thursday. Nunan, who led the Australian business for the past three years, will take up the newly created role of Chief of Staff and Corporate Relations…

Trendsetter Engineering to Deliver Subsea Hardware for LLOG's Gulf of Mexico Project

Mar 30, 2023

Trendsetter Engineering, a privately owned oil and gas service company based in Houston, said it had won a 'significant' contract to provide subsea hardware for LLOG Exploration Offshore's Leon and Castile subsea developments in the U.S. Gulf of Mexico…

AIS Survivex to Train Siemens Gamesa's UK Workforce

Mar 30, 2023

The UK-based training firm AIS Survivex has won a contract with wind turbine maker Siemens Gamesa Renewable Energy to deliver training across its UK workforce.The three-year agreement will see AIS Survivex provide Global Wind Organisation (GWO) courses for Siemens Gamesa’s UK onshore…

Mercedes-Benz Signs PPA for 140 MW of Electricity from Baltic Sea Wind Farm

Mar 30, 2023

Mercedes-Benz said on Thursday it had signed a power purchase agreement (PPA) with Spain's Iberdrola for 140 megawatts of wind energy from a Baltic Sea wind park as the automaker looks to make production costs more predictable.Production chief…

JF Subtech Charters Olympic Taurus Offshore Vessel. Deploys It for UXO Survey Gig

Mar 30, 2023

James Fisher Subtech has chartered the multipurpose offshore vessel Olympic Taurus from Olympic Subsea with plans to use it in the UK offshore energy industry.The Olympic Taurus has already been mobilized for work from Montrose Port, Aberdeenshire…

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