Industry News


Maersk Drilling Wins First Contract with ONE-Dyas

Nov 17, 2021

Danish offshore drilling company Maersk Drilling has won a drilling rig contract with ONE-Dyas B.V. for the harsh environment jack-up rig Maersk Resolute. One-Dyas will use the offshore drilling rig to drill the IJssel and Clover exploration wells in the Dutch sector of the North Sea…

OPT Buys Autonomous Surface Vehicle Maker MAR

Nov 16, 2021

Wave energy solutions provider Ocean Power Technologies has acquired Marine Advanced Robotics, Inc. ('MAR'), a California-based developer and manufacturer of autonomous surface vehicles (ASVs). 'This acquisition immediately provides OPT with an established…

Hurricane Energy Says Talks with Bluewater Over FPSO Deal 'Positive'

Nov 16, 2021

Hurricane Energy, a UK-based oil firm producing oil from the Lancaster offshore field in the UK, has said it has had positive talks over the Aoka Mizu contract extension with owner Bluewater.Hurricane Energy, which started producing from the…

Ocean Winds, Principle Power in French Floating Wind Team-up

Nov 16, 2021

Ocean Winds, a partnership between ENGIE and EDP Renewables, and Principle Power, a designer of floating wind turbine foundations, will cooperate to design the floating platforms for France’s first commercial-scale floating wind tender.In September this year…

Philly Shipyard Nets First Contract in U.S. Offshore Wind Market

Nov 16, 2021

U.S. shipbuilder Philly Shipyard has won a contract from the dredging giant Great Lakes Dredge & Dock Company to build a Jones Act-compliant subsea rock installation vessel that will serve the growing U.S. offshore wind market.The contract award…

Bahrain's Oil and Gas Authority to Transition to 'Energy Company'

Nov 16, 2021

Bahrain's National Oil and Gas Authority (NOGA) will transition into an energy company that will look at energy resources outside of fossil fuels, an official said on Tuesday.Bahrain's king issued a royal decree in September abolishing the National Oil and Gas Authority (NOGA)…

Bernhard Schulte Enters Saudi Offshore Market Through Rawabi Vallianz JV

Nov 16, 2021

Bernhard Schulte Shipmanagement (BSM) and Rawabi Vallianz Offshore Services (RVOS) on Tuesday announced a joint venture to offer third-party ship management services to the offshore sector in Saudi Arabia.The deal was announced during the  ADIPEC Exhibition in Abu Dhabi…

Woodside CFO to Step Down in 2022

Nov 16, 2021

Australian oil and gas company Woodside on Tuesday announced the resignation of its Chief Financial Officer, Sherry Duhe, to pursue a careeropportunity with another ASX-listed company.Woodside CEO Meg O’Neill said: 'Sherry’s financial and commercial…

Westwood: How Maersk Drilling/Noble Rig Fleet Stacks Up Against Rivals

Nov 15, 2021

Offshore drilling companies Maersk Drilling and Noble Corp. last week announced they'd merge to form one of the world's largest offshore oil drilling rig companies. Westwood Energy's Terry Childs analyzes the proposed deal and how the combined…

Shell Shake-up Leaves Dutch Royally Hacked Off

Nov 15, 2021

Royal Dutch Shell's decision to move its corporate headquarters and tax base to London may win over shareholders but it has struck a blow to Dutch prestige.As the energy giant crosses the North Sea, it will shed 'Royal Dutch' from its name,…

Worley, Hexicon in Floating Wind Project Off Norway

Nov 15, 2021

Swedish developer of twin offshore wind turbine technology Hexicon has partnered with Australia-based engineering giant Worley for FEED, Engineering Procurement Fabrication (EPF), and installation management of Hexicon's technology demonstrator project TwinWay…

Shell Ditches the Dutch, Seeks Move to London in Overhaul

Nov 15, 2021

Royal Dutch Shell said on Monday it would scrap its dual share structure and move its head office to Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas.The company…

Amplify Energy Pulls Full-year Outlook after California Offshore Oil Spill

Nov 15, 2021

Amplify Energy Corp withdrew its full-year forecast on Monday, saying that a large oil spill from one of its subsea pipelines in southern California last month forced it to shut its operations in the region.In mid-October, the U.S. Coast Guard said about 588 barrels (25…

ADIPEC: TWMA's Solution Cuts Drilling Operations Emissions by 50%

Nov 15, 2021

UK-based drilling waste management company, TWMA, said Monday it would highlight how its wellsite processing solution has been proven to reduce the carbon emissions of drilling operations by 50% at this year’s ADIPEC, where it is exhibiting…

Malaysian FPSO Firm Yinson Signs $5.2B LoIs with Petrobras for IPB FPSO Charter and Operations

Nov 15, 2021

Malaysian FPSO supplier Yinson has signed two letters of intent with Brazilian oil company Petrobras for the charter, operations, and maintenance of Integrado Parque das Baleias (“IPB FPSO”), a floating, production, storage, and offloading vessel in the North Campos Basin…

Current News

Trump Calls Out California, UK Energy Deal

DOF Group ASA Awarded Contract in Argentina

Jifmar, Seavium Partner to Roll Out AI Across Offshore Fleet

DUG Hooks Multi-Client Seismic Reprocessing Survey off Malaysia

Subscribe for OE Digital E‑News