Industry News


Challenger Energy Identifies '1-2 billion barrel' Prospects in Uruguay Offshore Block

Apr 26, 2023

Challenger Energy said Wednesday that it had identified three sizeable prospects in its AREA Off-1 offshore block in Uruguay of between 1 to 2 billion barrels and that the company said it would launch a farm-out process 'following unsolicited interest from a number of industry counterparties…

Hellenic Cables to Supply Cables for Giant Offshore Wind Projects in UK and Denmark

Apr 26, 2023

Hellenic Cables has this week won contracts to supply cables for two large offshore wind projects in Denmark and the UK.Vattenfall has awarded Hellenic Cables a contract to provide inter-array cables for its giant Norfolk Offshore Wind Zone in the UK…

Enauta Resumes Production from Atlanta Field After Brief Shutdown. 2H Well Still Shut

Apr 26, 2023

Brazilian oil firm Enauta has restarted production from its Atlanta field offshore Brazil following a brief interruption. However, the 2HP well, which was shut down on Tuesday, is still closed.First, the company on Tuesday said that it had temporarily…

Ex-Ensco CEO Joins Borr Drilling as Director

Apr 26, 2023

Offshore drilling rig firm Borr Drilling has appointed Daniel Rabun, former CEO of Ensco, as a company director to fill existing vacancy with effect April 25, 2023.Rabun served as Chairman of the Board, President and Chief Executive Officer of Ensco plc…

Bumi Armada Sells Armada Claire FPSO

Apr 26, 2023

Malaysian FPSO leasing company Bumi Armada said Tuesday it had completed the sale of the Armada Claire floating production storage and offloading vessel. The FPSO was sold by Bumi Armada's subsidiary, Armada Balnaves.'The Armada Claire sale was on an “as is where is” basis…

Denmark, Ukraine Expand Energy Cooperation

Apr 26, 2023

Denmark has signed a 5-year agreement with Ukraine to help the war-torn country rebuild destroyed wind capacity and strengthen its independence from Russia on energy, the Danish Climate Ministry said on Tuesday. 'The new 5-year collaboration…

Fred. Olsen Windcarrier to Install Turbines at Denmark's Largest Offshore Wind Farm

Apr 26, 2023

Offshore wind turbine installation company Fred. Olsen Windcarrier has won a firm contract with renewable energy firm RWE to install 72 offshore wind turbine generators (WTGs) at the 1GW Thor offshore wind farm in the Danish North Sea.For this project…

Shearwater Bags 4D Survey Offshore Cote d’Ivoire

Apr 26, 2023

Oslo-listed offshore seismic survey services firm Shearwater GeoServices has won a contract for 4D geophysical monitor survey contract in Cote d’Ivoire.Shearwater will use the SW Empress for the operation, which is expected to last approximately two months beginning in May 2023…

Plans Underway to Install Floating Wind Farm at Barents Sea Oil Field Site

Apr 26, 2023

Norwegian oil and gas company Vår Energi will collaborate with floating wind technology firm Odfjell Oceanwind and Source Galileo to pursue a pilot project for floating offshore wind at its Goliat oil field in the Barents Sea, offshore Norway…

BOEM Seeks Public Input on Possible Offshore Wind Development in Gulf of Maine

Apr 25, 2023

The U.S. Bureau of Ocean Energy Management (BOEM) on Tuesday invited public comment on possible commercial wind energy development in areas offshore Massachusetts, New Hampshire, and Maine.BOEM said the call represented an early step in the…

Norway's Eksfin Finances Nexans' New UK Export Cable Contract with Loan Guarantees

Apr 25, 2023

Export Finance Norway (Eksfin) has financed Nexans Norway’s new UK export cable contract with NOK 2bn (£155m) in loan guarantees.'The transaction covers the export and installation of advanced high-voltage subsea cables for the Moray West wind farm off the coast of Scotland…

Energy Firms in Germany Team Up for Sea-to-inland Hydrogen Route

Apr 25, 2023

Seven companies in Germany's energy sector said on Tuesday that they had formed an alliance to bring clean hydrogen from the seashore to centers of industrial consumption. Germany wants to build 10 gigawatts of green hydrogen capacity, made from solar and wind power…

Cadeler Signs "Very large" Contracts with Ørsted for Hornsea 3 Offshore Wind Farm

Apr 25, 2023

Danish offshore wind installation firm Cadeler said Tuesday it had signed two contracts with Ørsted for the Hornsea 3 offshore wind farm in the UK. Cadeler said that together, the two contracts constitute a very large contract award. Cadeler…

Crew Transfer Vessel Arrives in Japan to Serve Ishikari Bay New Port Offshore Wind Project

Apr 25, 2023

A new crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm in Hokkaido Prefecture arrived in Japan from Singapore on April 19, Japan's NYK has informed. The vessel is named “Rera As.”After completing its sea trials, the…

Halliburton Posts Higher Quarterly Profit on Strong Oilfield Services Demand

Apr 25, 2023

Halliburton Co reported a higher first-quarter profit on Tuesday, wrapping up upbeat earnings from the world's top oilfield services providers as higher oil prices encouraged drilling activity and boosted demand for services and equipment. Global…

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