Esgian has released its Week 6 Rig Analytics Market Roundup saying that several new contracts have been confirmed across three major types of offshore drilling rigs and an interesting new joint venture between an operator and a rig owner has been announced…
The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE) announced a Notice of Intent to make funds available to help measure and reduce methane emissions from the oil and gas sectors.This funding from the Inflation…
Brazil's government will reappoint its representatives to the board of state-run oil firm Petrobras, sources said on Friday, a sign energy minister Alexandre Silveira is maintaining his influence over an administration he has criticised.Silveira is in charge of Brazil's mining and energy ministry…
State energy company Pemex released large volumes of methane from an oil platform in the Gulf of Mexico last year, with leaks recurring even after a United Nations agency flagged problems there to the Mexican government, according to a Reuters analysis of previously unreported U…
FPSO leasing company BW Offshore has made progress on the topside module integration for the newbuild floating production storage and offloading (FPSO) unit BW Opal, that will be deployed at Santos' Barossa gas project, offshore Australia.The…
Swedish marine energy company Minesto has reached a key milestone with the delivery of first electricity to Faroe Island’s grid from its 1.2MW utility-scale Dragon 12 tidal energy device.In the early morning of February 9, the Dragon 12 device…
China National Offshore Oil Corporation (CNOOC) has put into operation the first domestically developed subsea Xmas tree.CNOOC’s subsea Xmas tree is 3.5 meters long, 3.2 meters wide and 3 meters high, with an overall weight of nearly 22 tons…
The contract for the Island Drilling’s semi-submersible Island Innovator rig has been terminated by Trident Energy due to safety concerns, putting the drilling campaign at the Block G, offshore Equatorial Guinea, on pause.The decision to terminate…
CRP Subsea, an AIS company, has been awarded a ‘sizable’ contract from a major engineering, procurement, construction and installation (EPCI) company for ultra-deepwater oilfield development in the U.S. Gulf of Mexico.The contract entails the…
The U.S. Department of Energy’s (DOE) Wind Energy Technologies Office (WETO) and Innovation Fund Denmark have announced an intention to release a $4.2 million funding opportunity to advance floating offshore wind energy systems.The announcement…
The U.S. Department of Energy (DOE) has set out plans to invest $4.75 million to establish a new national center of excellence to accelerate offshore wind deployment across the United States.The Academic Center for Reliability and Resilience of Offshore Wind (ARROW)…
Exxon Mobil Corp said on Thursday it will exit Equatorial Guinea in the second quarter of this year, when the oil major will transfer its remaining investments in the country to the local government.Reuters reported in 2022 that Exxon had decided to leave the country once its licenses expired…
A consortium, led by Toshiba and Aquatera, has been awarded $1.9 million UK government funding to design a pilot microgrid project that will be powered by wave energy on a remote island in Thailand.Aside from Toshiba Europe and Aquatera, the consortium also includes Eco Wave Power…
EthosEnergy has signed a five-year master service agreement (MSA) with Harbour Energy for maintenance and support services across three production assets in the North Sea.The agreement, with an option to extend, will see EthosEnergy becoming…
Swedish tidal energy company Minesto has secured a $267,000 grant (SEK 2.8 million) from the Swedish Energy Agency to upgrade its mooring system.The grant will support the development and testing of the next generation mooring system by co-funding…