Industry News


Talos Energy, Carbonvert JV Wins Rights to Manage Carbon Storage Site Offshore Texas

Aug 25, 2021

U.S. oil and gas company Talos Energy, focused on oil and gas assets in the Gulf of Mexico, said Wednesday it was, with its partner Carbonvert, the sole winning bidder for the Texas General Land Office's ('GLO') Jefferson County, Texas carbon storage site located near Beaumont and Port Arthur…

Aker BP Taps Techouse for Valhall Sulfate Removal

Aug 25, 2021

Stavanger-based company Techouse has secured a contract with the Norwegian oil firm Aker BP to perform the front-end engineering and design extension study for the Sulfate Removal Unit (SRU) for the Valhall IP platform in the Norwegian part of the North Sea…

Huisman Scales Up Production Capacity to Meet Demand from Offshore Wind Sector

Aug 25, 2021

Dutch marine equipment maker Huisman, known for its offshore crane solutions, said Wednesday it had doubled the slew bearing production capacity of its facility in Schiedam, the Netherlands. 'With this significant increase in production capacity…

Cost Reduction, Optimization: DNV Updates Floating Wind Turbine Standard

Aug 25, 2021

DNV has said it has updated its DNV-ST-0119 standard for floating wind turbine structures, to include 'numerous technical improvements' that allow the industry to further optimize floating wind turbine structures while maintaining a sufficient level of safety…

U.S. to Restart Oil Leasing with Offshore Auction This Year

Aug 25, 2021

The Biden administration said on Tuesday it would take steps to restart the federal oil and gas leasing program in the next week and plans to hold a Gulf of Mexico auction as soon as October, court papers showed.The move comes two months after the U…

Offshore Platform Fire: Pemex Expects to Resume Oil Output on August 30

Aug 25, 2021

Mexican state oil firm Petroleos Mexicanos (Pemex) expects to resume by Aug. 30 all oil production shut down by a deadly fire on an offshore platform, the firm's chief executive said on Tuesday.Five workers were killed, two are missing and six…

Qatar Petroleum Selects Técnicas Reunidas for North Field Expansion Project EPC

Aug 24, 2021

Qatar Petroleum has awarded an engineering, procurement, and construction (EPC) contract for its North Field Expansion Project to Técnicas Reunidas S.A., a Spanish-based contractor that provides EPC services to the energy industry.Técnicas Reunidas…

Wood's Sales Forecast Misses Estimates as Oil Outlook Dims

Aug 24, 2021

British consulting and engineering group Wood Plc forecast 2021 revenue that came in below market expectations on Tuesday as renewed concerns about global growth and oil demand clouded the outlook for its largest division serving energy customers…

Oil Search Says Merger with Santos Crucial to Growth Plans

Aug 24, 2021

Oil Search Ltd will need billions of dollars to fund its growth plans, and tying up with Santos Ltd to create a A$20 billion ($14 billion) company will give it the access to capital that it needs, its boss said on Tuesday.Oil Search agreed to…

Maersk Supply Service Nets One-year Vessel Charter Extension in Angola

Aug 24, 2021

Danish offshore vessel operator Maersk Supply Service has secured a one-year contract extension for one of its subsea support vessels in Angola.In a social media post on Monday, Maersk Supply Service said it would provide the full scope IRM services for an undisclosed oil major in Angola…

Xodus, BSG Launch Project in U.S. to Bring Offshore Wind Jobs to Underrepresented Groups

Aug 24, 2021

UK-based energy consultancy Xodus is teaming up with Browning the Green Space (BGS) coalition to create a workforce program aiming to increase the participation of underrepresented populations in the offshore wind industry across Massachusetts…

U.S. Oil Firms to Require from Workers to Get Vaccinated

Aug 24, 2021

U.S. energy companies are moving to require that employees receive COVID-19 vaccinations as infection rates rise across the United States and health surveys show that energy workers remain among those most reluctant to get inoculations.Calls…

Five Dead, Six Injured in Pemex Offshore Platform Fire

Aug 24, 2021

Five workers were killed and six injured in Sunday's fire on an offshore platform in the southern Gulf of Mexico operated by Petroleos Mexicanos (Pemex) that cut about a quarter of Mexico's oil production, the company said on Monday.The fire…

NOV to Design and Equip Cadeler's New WTIVs

Aug 23, 2021

NOV announced it has signed a contract to design and equip two wind turbine installation vessel (WTIV) newbuilds for Denmark-based Cadeler. The new vessels will have the largest jacking capacity in the industry and will be able to transport…

RWE to Reorganize Renewables Business. RWE Renewables CEO Resigns

Aug 23, 2021

German renewables giant RWE has decided to reorganize its renewables businesses to better meet its growth targets in the area of renewable energies. It said Monday that Anja-Isabel Dotzenrath, RWE Renewables CEO, has opted to leave the company…

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