Industry News


Noble and Harbour Energy Sign Jack-Up Rig Contract

May 29, 2024

Offshore drilling contractor Noble Corporation has secured a contract with oil and gas company Harbour Energy for its Noble Resilient jack-up rig.The rig has been hired for well intervention offshore U.K., spanning 30-70 days.It is estimated to begin in July 2024…

BOEM Finalizes Environmental Review of Gulf of Maine Offshore Wind Research Lease

May 28, 2024

The US Bureau of Ocean Energy Management (BOEM) has released its Final Environmental Assessment (Final EA) of an offshore wind research lease in the Gulf of Maine.  In October 2021, the state of Maine requested a research lease for the purpose…

Orsted, New Jersey Reach Settlement Over Canceled Offshore Wind Farms

May 28, 2024

New Jersey officials said the state will receive $125 million from a legal settlement with Denmark's Orsted ORSTED.CO over the company's cancellation last year of two offshore wind farm projects.The New Jersey Board of Public Utilities said…

Hess Shareholders Sign Off On $53 Billion Sale to Chevron

May 28, 2024

Hess shareholders on Tuesday approved the company's $53 billion merger with No. 2 U.S. oil company Chevron, according to preliminary results of the vote.The merger required a majority vote to approve the deal by a majority of Hess' 308 million shares outstanding to pass…

Iberdrola Commissions 496 MW Saint-Brieuc Offshore Wind Farm in France

May 28, 2024

Iberdrola, through its subsidiary Ailes Marines, has fully commissioned the Saint-Brieuc offshore wind farm, which is the second offshore wind farm in France and the first in Brittany.All wind turbines are operational in the 496 MW project as of May 28…

Van Oord’s Boreas Set for First Job at German Offshore Wind Project

May 28, 2024

Dutch offshore installation firm Van Oord has secured a contract from RWE for the transport and installation of monopile foundations for the Nordseecluster offshore wind project in Germany.This project will be the first project for the Van Oord’s brand-new offshore installation vessel Boreas…

Rentel Offshore Wind Farm Cable Goes Back Online

May 28, 2024

The repair work on the cable which connects the 309 MW Rentel offshore wind farm to the Belgium’s mainland has been completed approximately four months after the failure.The fault was located just below the Rentel transformer platform. A new section of cable…

Ipieca Names ExxonMobil’s Paul Krishna as New Chair

May 28, 2024

Ipieca, the global oil and gas association for advancing environmental and social performance across the energy transition, has appointed ExxonMobil’s Paul Krishna as its new Chair.Krishna has been an active member of Ipieca since 2009. Prior to his appointment as Chair…

Oil and Gas Firm Santos Taps Japan's Hokkaido Gas for LNG Supply

May 28, 2024

Santos will supply up to about 400,000 tonnes of liquefied natural gas every year for a decade starting 2027 to Japanese energy firm Hokkaido Gas, Australia's second biggest independent oil and gas producer said on Tuesday.The firms will work…

Cargotec Proceeds with MacGregor Sale as Offshore Wind Dispute Gets Resolved

May 28, 2024

MacGregor has settled the dispute with a monopile installation vessel customer as its parent company Cargotec goes forward with the sale of the business.As announced on April 30, 2024 in Cargotec’s interim report January–March 2024, MacGregor…

COOEC Hires ABL for Safaniya Oil Field Jacket Installation

May 28, 2024

ABL, part of Oslo-listed ABL Group, has been awarded a contract by China Offshore Oil Engineering Company (COOEC) to provide marine warranty survey (MWS) services for the build-out of the CRPO 122 project at the Safaniya oil field in Saudi Arabia…

Petrobras Welcomes Mero Field FPSO in Brazil

May 28, 2024

The floating production storage and offloading (FPSO) unit Marechal Duque De Caxias has set off to Petrobras’ Mero field in the pre-salt Santos Basin, after arriving to Brazil from MISC Berhad shipyard in China.The Marechal Duque de Caxias can produce up to 180…

Valeura Starts New Drilling Campaign at Nong Yao Offshore Thailand

May 28, 2024

Canada-based oil and gas company Valeura Energy has started development drilling operations at Nong Yao C extension, having completed the infill drilling campaign at Nong Yao A, offshore Thailand.Valeura has drilled two production-oriented horizontal wells at the Nong Yao A wellhead platform…

New Petrobras CEO Says Oil Prospect is of “National Interest”

May 27, 2024

Petrobras' new chief executive said a basin in Brazil's Equatorial Margin, an environmentally sensitive offshore prospect seen as the country's most promising frontier for oil exploration, was a matter of 'national interest.'Magda Chambriard…

Portugal's New Government Committed to Developing Offshore Wind

May 27, 2024

Portugal's new government is committed to developing offshore wind energy and also sees 'repowering' onshore wind farms and promoting solar projects, including small-scale ones, as a priority, the environment minister said on Monday.Maria da…

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