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Wave Energy Device for Subsea Oilfield Assets Arrives in Orkney for EMEC Demo

Jan 28, 2022

AWS Ocean Energy's wave energy converter, designed for remote power applications such as powering subsea oilfield assets, has arrived in Orkney ahead of its imminent deployment at the European Marine Energy Centre (EMEC). The 16 kW Archimedes Waveswing arrived at Hatston Pier…

EnQuest Taps Uzma for Offshore Well Work in Malaysia

Jan 28, 2022

Oil company EnQuest has awarded a contract to the Malaysian oilfield services company Uzma Engineering for the provision of a hydraulic workover unit for EnQuest's 2022 workover program in Malaysia.Uzma's work scope includes integrated hydraulic…

Peru Prosecutors Seek Travel Ban for Repsol Execs amid Offshore Oil Leak Probe

Jan 28, 2022

Peruvian prosecutors requested on Thursday that the president and three other executives of Spanish oil firm Repsol SA's local refinery be barred from leaving Peru for 18 months while a probe into an oil leak is under way.Repsol's La Pampilla refinery…

ExxonMobil to Start Production from Second FPSO in Guyana Next Month

Jan 28, 2022

Exxon Mobil Corp. next month plans to start production at its second oil platform in Guyana, a person familiar with the matter said Tuesday.Guyana is one of Exxon's top bets for production growth. Its recent discoveries are expected to drive recoverable oil and gas volumes beyond 10 billion barrels…

Report: Siemens Energy Weighs Options for Siemens Gamesa Integration

Jan 28, 2022

Siemens Energy has stepped up efforts to explore a full integration of wind turbine business Siemens Gamesa, sources told Reuters, after profit warnings and share price slumps last week exposed flaws in the current ownership structure.The company…

U.S. Judge Annuls Gulf of Mexico Oil Auction Over Climate Impact

Jan 28, 2022

A federal judge invalidated the results of an oil and gas lease sale in the Gulf of Mexico on Thursday saying the Biden administration failed to properly account for the auction's climate change impact.The decision has cast uncertainty over the future of the U…

Ulstein Designs SOVs for Shanghai Electric

Jan 27, 2022

Ulstein Design & Solutions, part of the Norwegian-based Ulstein Group, said it has secured ship design contracts from ZPMC for two types of service operation vessels (SOVs) that the Chinese shipyard will construct for Shanghai Electric Windpower Group…

DOE Announces $25 Million for Wave Energy Research

Jan 27, 2022

The U.S. Department of Energy (DOE) announced $25 million in funding to support increased research, development, and demonstration of technologies that harness wave power to create electricity. Wave energy converters, which capture and convert waves into carbon-free electricity…

Ørsted and Eversource to Charter Newbuild CTVs from WindServe and AOS

Jan 27, 2022

Offshore wind developers Ørsted and Eversource announced Thursday that they have chosen two regional vessel operators that will partner with Rhode Island shipyards to build crew transfer vessels (CTV) to service their wind farm projects in the U…

State Dept: Nord Stream 2 Will Not Move Forward if Russia Invades Ukraine

Jan 27, 2022

U.S. State Department spokesperson Ned Price said on Wednesday the Nord Stream 2 pipeline between Russia and Germany will not move forward if Russia invades Ukraine.'I want to be very clear: if Russia invades Ukraine one way or another, Nord Stream 2 will not move forward…

Oil Platform Inspection: Wood Gets Funding for Autonomous Robotics Project in Canada

Jan 27, 2022

UK-based energy industry engineering services company Wood has received funding in Canada under the Newfoundland and Labrador Offshore Oil and Gas Industry Recovery Assistance Fund for an autonomous robotic inspection and maintenance project…

Intelatus Formed Through WER-IMA Merger

Jan 27, 2022

Long-serving marine, energy and industrial market consultancies International Maritime Associates and World Energy Reports have merged to form Intelatus Global Partners.While Intelatus is a new name, its team of business consultants has nearly…

BP Hires Ørsted Man to Head New Offshore Wind Division

Jan 27, 2022

BP has hired an executive from Danish wind power firm Orsted to head a new offshore wind division as the British energy company restructures its renewable businesses to help drive its transition away from fossil fuels.Matthias Bausenwein, who stepped down on Jan…

Malaysia Bid Round 2022: Petronas Offers Exploration Blocks, Discoveries, Late-life assets

Jan 27, 2022

Malaysia's state energy firm Petronas said it was offering 14 offshore exploration blocks, six clusters of discovered resource opportunities (DRO), and one cluster of late-life assets (LLA) in its annual bid exercise launched on Thursday.The…

Shell Gets Approval to Drill at Ormen Lange Field

Jan 27, 2022

Shell's Norwegian subsidiary Norske Shell has received regulatory consent to drill an exploration well in the Norwegian Sea.The Petroleum Safety Authority said Wednesday that Shell would drill the well  6305/5-C-3 H in block 6305/5 in the Production License 209…

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