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Claxton, Seabed Solutions Team Up to Help Operators Return Seabed to Natural State

May 24, 2022

Acteon's Claxton has signed a collaboration agreement with Norwegian-based supplier Seabed Solutions to 'add value' to decommissioning projects, and assist operators in meeting their obligation to return subsea sites to their natural state.'The partnership simplifies procurement…

EU, U.S. Calling on Oil & Gas Producing Nations to Boost Output

May 24, 2022

The European Union and United States are trying to convince oil and gas-producing countries to increase their production to help lower global fuel prices, German Chancellor Olaf Scholz said in an interview with Deutsche Welle.'It is necessary that we start to increase the supply with gas…

Palantir, Trafigura to Track Carbon Emissions for Oil, Metals industry

May 24, 2022

Palantir Technologies Inc and global commodities trader Trafigura have set sights on a new market, their chief executives told Reuters on Monday: tracking carbon emissions for the oil, gas, refined metals, and concentrates sector.The companies…

Saipem's FlatFish Drone to be Deployed for Ultra-deepwater Inspection at Shell and Petrobras Fields in Brazil

May 24, 2022

Italian oilfield services and technology company Saipem will provide its FlatFish subsea drone for Shell's and Petrobras' ultra-deepwater projects in Brazil.Under the contract, Shell and Petrobras will use Saipem's FlatFish subsea drone in two…

ADNOC, BP and Masdar in Hydrogen and Technology Partnership

May 24, 2022

The Abu Dhabi National Oil Company (ADNOC), oil major BP, and Abu Dhabi future energy company Masdar have joined forces to develop clean hydrogen and technology hubs.Announcing their new-energy partnerships, ADNOC said the H2Teesside low-carbon…

Bolsonaro Fires Second Petrobras CEO in Two Months

May 24, 2022

Brazil's right-wing president Jair Bolsonaro fired the chief executive of oil producer Petrobras - the second in two months - after the company refused to sell fuels at a discount to consumers warning it would lead to diesel shortages. Bolsonaro also called for the election of a new board…

Keppel O&M Secures Three-year Bareboat Charters for Jack-up Rig Duo

May 24, 2022

Singapore's Keppel Offshore & Marine has secured bareboat charters for two KFELS B Class rigs to be deployed in the Middle East.The shallow-water drilling rigs will go on a charter with an unnamed drilling firm in the Middle East. Keppel said the charterer was  'an established drilling company…

Valaris MS-1 Offshore Drilling Rig Reaches Sasanof-1 Well Site

May 23, 2022

The MS-1 semi-submersible offshore drilling rig has arrived at the Sasanof-1 exploration well location on the North West Shelf, off Australia, the oil and gas company Western Gas, the Sasanof license holder, said Monday.The drilling rig completed…

Brouwershaven to Resign as CEO of Heerema to Focus on New Challenges

May 23, 2022

Koos-Jan van Brouwershaven will leave Heerema as CEO on May 31, 2022. Van Brouwershaven was the CEO of Heerema Fabrication Group from 2013 and also the CEO of Heerema Marine Contractors from 2018.Van Brouwershaven said: 'I have worked with passion…

Eni, TotalEnergies Start Drilling on Cronos-1 Prospect Offshore Cyprus

May 23, 2022

Italy's Eni and TotalEnergies of France began drilling an exploration gas well off the coast of Cyprus on Monday, the island's energy ministry said.The Tungsten Explorer drillship arrived on location south-west of the island on Monday and started drilling work on the 'Cronos-1' prospect…

Output from IOG's Southern North Sea Fields Shut Over Issues with Onshore Terminal

May 23, 2022

UK-based oil and gas company IOG said Monday that production from its recently launched Blythe and Elgood gas fields in the UK North Sea has been shut-down due to Perenco Bacton terminal's issues with handling the fields' condensate.Blythe and Elgood…

EDF, ORCA Hub in 'First' Autonomous ROV Wind Farm Foundation Inspection

May 23, 2022

EDF Renewables has deployed a customized remotely operated vehicle (ROV) to carry out what is believed to be the first autonomous wind farm foundation inspection at its Blyth offshore wind farm in the UK.The ROV was modified to include cutting…

Crew Transfer Firm OceanXpress Taps Peterson for Agency Services

May 23, 2022

Energy logistics provider Peterson has won a logistics contract with OceanXpress, a recently formed joint venture between Dutch companies Damen and Ampelmann.Damen Shipyards and offshore gangway specialist Ampelmann launched the joint venture…

S. Korea Court Dismisses Application Against Barossa Pipeline Funding

May 23, 2022

A South Korean court has dismissed an application from a group of Indigenous Australians to block South Korean export credit agencies from funding a deep-sea gas pipeline for the $3.6 billion Barossa gas project off northern Australia.People…

Aibel's Yard in Thailand Wraps Work on Dogger Bank A Topside

May 23, 2022

Norwegian engineering and construction firm Aibel's yard in Thailand has completed the construction of the Dogger Bank A wind farm substation topside, in what is the first ever HVDC converter platform exported from Thailand.Loaded on a BigLift heavy transportation vessel…

Current News

Bloomberg News Reports Shell is Looking for a Buyer for Brazilian Oilfield Cluster

Shell is in advanced discussions to buy LLOG Exploration, say sources. The deal will cost more than $3 billion.

ESG Completes Service Operation Vessel Conversion for HOS

Orbital Marine Power Secures $9.31m Investment

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