Industry News


Equinor Gets Permission to Boost Gas Exports to Tight European Market

Sep 20, 2021

Norwegian oil and gas firm Equinor has said it has, with its partners, received permission to increase gas exports from two offshore fields in Norway to supply the tight European market.Production permits for the Oseberg and Troll fields have…

Safety Milestone for Japan Drilling Company's Jack-up Rig

Sep 20, 2021

Offshore drilling firm Japan Drilling Company said last week that its jack-up drilling rig Hakuryu-11 had reached a safety milestone.Namely, the rig has managed to achieve a three-year milestone of No Recordable Incident Record - for the September 14…

Tanjung Offshore Taps Handal for Offshore Crane Services

Sep 20, 2021

Malaysian offshore services firm Handal Energy has recently secured a contract from Tanjung Offshore Services for the provision of portable crane equipment and services package.Handal said Friday that it had reached a contract agreement with TOS April 27…

BP Charters Prosafe Flotel for UK North Sea Work

Sep 20, 2021

Oil and gas company BP has chartered Prosafe's offshore accommodation rig Safe Zephyrus for work in the UK North Sea.The Safe Zephyrus,  with beds for 450 persons, in single-man cabins, will provide gangway-connected operations to support the…

ONGC Awards 3-year Contract for Shelf Drilling's Jack-up Rig

Sep 20, 2021

Jack-up drilling rig contractor Shelf Drilling has secured a three-year drilling contract with India's ONGC for the Parameswara jack-up rig.The contract is for operation in the Mumbai High area, offshore India's west coast. The planned start-up of operations is Q1 2022…

German Food Retailer to Buy Electricity from Ørsted's Offshore Wind Farm

Sep 20, 2021

Germany-based food retailer REWE has signed a 10-year power purchase agreement with Ørsted to procure 100 MW of electricity from Ørsted’s Borkum Riffgrund 3 offshore wind farm which is set to become operational in 2025.The deal marks REWE Group’s…

RWE Qualifies as Bidder for 270MW French Floating Wind Tender

Sep 17, 2021

RWE Renewables has pre-qualified as a bidder for the upcoming French tender for a commercial floating offshore wind project off the coast of South Brittany with a capacity of up to 270 megawatts (MW).  RWE said Thursday it was looking forward…

Investors Managing $10 Trillion Set Tough Climate Blueprint for Big Oil

Sep 17, 2021

Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production.The…

Final Turbine Installed at Triton Knoll Offshore Wind Farm

Sep 17, 2021

Renewable energy firm RWE has informed that Triton Knoll offshore wind farm in the UK has installed its final turbine.The last of the Vestas 9.5 megawatts (MW) turbines was erected early on Friday at what is the most powerful offshore wind farm being constructed by RWE…

Svanehøj Buys Wärtsilä Tank Control Systems

Sep 17, 2021

Finland-based marine equipment and technology firm Wärtsilä has sold Wärtsilä Tank Control Systems business to Svanehøj, a Danish gas pump specialist involved in the design and manufacture of specialized deep well pump solutions within the areas of gas pumps…

Saudi Aramco Unit to Market Guyana's Crude for One Year

Sep 17, 2021

Guyana has granted a unit of Saudi Arabian Oil Co, known as Aramco, a one-year contract to market the government's share of the crude produced in the South American country, Vice President Bharrat Jagdeo told Reuters.The country in early September…

DOF's Norskan Clinches AHTS Deals with Petrobras

Sep 16, 2021

Norwegian offshore support vessel firm DOF said this week its Brazilian subsidiary Norskan had secured a new long-term contract and extended another one with the Brazilian oil company Petrobras.Anchor handler Skandi Botafogo has been awarded…

Siemens Energy to Electrify Troll West

Sep 16, 2021

Siemens Energy has earlier this month won a contract with Norway's Aker Solutions to supply the complete packages for the electrical transmission, distribution, and power management system (PMS) for the Troll West electrification project in the North Sea…

Karoon, Pitkin Settle Peru Differences

Sep 16, 2021

Australian oil and gas firm Karoon Energy has reached a settlement agreement with Pitkin Petroleum over a dispute related to Block Z-38, offshore Peru. Back in May, Pitkin Petroleum sent a notice of the dispute to Karoon Energy, related to the joint operating agreement in respect of Block Z-38…

Ocean Cleanup Struggles to Fulfill Promise to Scoop Up Plastic at Sea

Sep 16, 2021

Docked at a Canadian port, crew members returned from a test run of the Ocean Cleanup's system to rid the Pacific of plastic trash were thrilled by the meager results — even as marine scientists and other ocean experts doubted the effort could succeed…

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