Industry News


Shell Weighs COVID-19 Vaccine Mandate, Firing Staff Who Resist

Sep 09, 2021

Royal Dutch Shell is considering making it mandatory for workers in some operations to get COVID-19 vaccinations or risk being fired, an internal company document seen by Reuters shows.Shell, which employs some 86,000 workers in more than 70 countries…

Baker Hughes, Schlumberger Count on Clean Energy for Growth

Sep 08, 2021

Oilfield service firms Schlumberger and Baker Hughes are counting on newer energy transition businesses like carbon capture and hydrogen fuel for growth, and expect these clean energy units to rival some of their more traditional units by the next decade…

Oxy Says Seven of Its Ten Offshore Oil Platforms in U.S. Gulf of Mexico Still Offline

Sep 08, 2021

Occidental Petroleum Corp on Wednesday said in a securities filing seven of its 10 offshore oil production platforms in the U.S. Gulf of Mexico remain offline since Hurricane Ida.Hurricane Ida tore through the Gulf of Mexico late last month…

U.S. Oil Losses from Hurricane Ida Among Worst Since 2005

Sep 08, 2021

Hurricane Ida's damage to U.S. offshore energy production makes it one of the most costly since back-to-back storms in 2005 cut output for months, according to the latest data and historical records.Ida's 150 mile-per-hour (240 kph) winds cut…

FPSO Firm BW Offshore Bids to Build Offshore Wind Farms in UK

Sep 08, 2021

BW Offshore, an Oslo-listed firm best know for its FPSO leasing business in the oil and gas sector, said Wednesday it had, together with U.S. renewable energy and utility company Invenergy, submitted bids to develop up to 5.4 gigawatts of offshore…

Fugro Helping Colombia Unlock Insights About Offshore Energy Assets

Sep 08, 2021

The Colombian Maritime Authority (DIMAR) has selected Fugro to carry out a joint environmental and exploration seep study in the Caribbean Sea.The project began in late August and is scheduled to complete in November. According to Fugro, the work will involve the acquisition…

Heerema Removes Ithaca's Jacky Platform

Sep 08, 2021

Dutch offshore installation and decommissioning contractor Heerema Marine Contractors has this week removed an offshore platform from Ithaca Energy's Jacky field in the UK North Sea.Ithaca Energy on Tuesday shared a photo of Heerema's Thialf…

Energy Transition: Eni, Mubadala in Decarbonization Collaboration

Sep 08, 2021

Italy's Eni has teamed up with Mubadala Petroleum to look at joint investments in the energy transition field as part of plans to cut carbon footprints.In statements on Tuesday, the two groups said they had signed a memorandum of understanding…

Asia Eyes Australia Blueprint as $100B Oil and Gas Decommissioning Bill Looms

Sep 08, 2021

Australia has passed legislation that could set a precedent for who pays to clean up the fossil fuel industry in Asia, making former owners of oil and gas fields responsible for the costs of dismantling facilities if later owners fail.The new…

Gulf Marine Services Taps LR for Software Solution to Boost Efficiency

Sep 08, 2021

UAE-based Gulf Marine Services (GMS), a company providing jack-up service vessels for the offshore oil, gas, and renewables industries, has hired Lloyd's Register for the installation of a new Enterprise Resource Planning (ERP) system.GMS said the system would provide its with a central…

Penspen Reels In $70M Worth of Middle East and Africa Contracts

Sep 08, 2021

Energy services firm Penspen said Wednesday it had recently secured more than $70 million worth of contracts in Middle East and Africa so far this year.The company’s Project Management Consultancy (PMC) service line has secured more than $50 million from five new…

Delta Offshore Energy's Vietnam Project Gets Environmental Approval

Sep 08, 2021

Delta Offshore Energy said Tuesday it had secured the environmental approval for the LNG to Power Project, the 3.2 GW power plant, and LNG Terminal in Bac Lieu, Vietnam.'Environmental Impact Assessment (EIA) is an extremely important key regulatory…

Stronger Storms Test Aging U.S. Offshore Oil Platforms and Pipelines

Sep 08, 2021

Stronger hurricanes threatening the U.S. Gulf Coast energy hub are elevating the risks of oil spills from damage to area refineries, oil platforms and subsea pipelines, say experts.On Monday, the U.S. Coast Guard said it was investigating nearly…

DUC, Ørsted, DTU Enter CCS Project in Denmark

Sep 08, 2021

Norwegian Energy Company (Noreco) has announced a CCS partnership with Ørsted and DTU together with its partners in the Danish Underground Consortium on progressing CCS in the Danish North Sea. Project Bifrost will evaluate the potential for…

Ørsted, ATP Picks Leading Contractors for Danish Energy Island Bid

Sep 07, 2021

Denmark-based offshore wind developer Ørsted and ATP, Denmark’s largest institutional investor, have teamed up to bring leading offshore construction specialists to Denmark to support their bid for the North Sea energy island.Back in February…

Current News

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