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First US-built Offshore Wind Substation to be Constructed in Texas

Aug 27, 2021

Offshore wind developer Ørsted and its partner Eversource have selected Kiewit to construct an offshore wind substation, which will be deployed at their South Fork Wind project serving New York’s Long Island. This will be the first US-built offshore wind substation…

Petronas Swings to 2Q Profit. CEO Says Oil Market Recovery 'Fragile'

Aug 27, 2021

Malaysian state energy giant Petronas announced a flip to a second-quarter profit on Friday on the back of a recovery in prices and demand, but said it will be a 'long, drawn out process' before the industry returns to pre-pandemic levels.Petronas…

Oil Firms Race to Complete Gulf of Mexico Evacuations as Major Storm Approaches

Aug 27, 2021

U.S. oil and gas companies on Friday raced to complete evacuations from offshore Gulf of Mexico platforms as Tropical Storm Ida advanced towards oilfields that provide 17% of the nation's oil production.The storm early Friday was about 50 miles…

Ex-Total E&P Denmark Boss to Lead Green Transition of Ramboll's Oil & Gas Division

Aug 27, 2021

Danish engineering firm Ramboll has appointed Patrick Gilly, a former Managing Director of Total E&P Denmark as director to lead the green transition of its oil and gas services business.'The green transition is high on the agenda in Ramboll…

Cambodia's Oil Export Ambitions Sink with "Stolen" Tanker Standoff

Aug 27, 2021

When Cambodian officials commemorated the start of the country's first oil project in June by preserving the first drops of production at a high-profile ceremony, they heralded the country's emergence as a budding oil exporter at the heart of Asia…

Near-term Outlook for Deepwater Floating Production Systems is Excellent

Aug 27, 2021

Near-term prospects for the deepwater sector are excellent. That’s the conclusion of an in-depth market analysis of the floating production market just completed by IMA/WER in the August 2021 Floating Production Systems Report.Asked what is driving the positive sentiment…

Spirit Energy Gets Approval to Remove Ensign Offshore Platform

Aug 27, 2021

The UK Government has approved Spirit Energy's decommissioning program for the Ensign platform in the Southern North Sea.The normally unmanned platform, comprising a steel jacket and topsides, is located at Ensign field, approximately 109 km…

TGS Expands Data Coverage for U.S. Offshore Wind

Aug 27, 2021

Norwegian company TGS has this week said it has expanded its coverage of numerical weather prediction (NWP) model data for offshore wind in the U.S.TGS, best known as a provider of seismic data to oil companies, is working to diversify, and…

Woodside, Oil Majors, Work to Overturn $723M Timor Sea Field Decommissioning Levy

Aug 27, 2021

Woodside Petroleum said on Friday it is working with other companies on a plan to replace a proposed Australian government levy that would make offshore producers pay for the clean up of an abandoned oilfield in the Timor Sea.The government…

Environmental Concerns: Shareholder Asks Petrobras to Skip Offshore Oil Tender

Aug 27, 2021

Anapetro, an association of shareholders in Brazil’s Petrobras who are also employees, on Thursday publicly asked the state-run oil company to skip an upcoming auction of an oil area near coral reefs, due to environmental concerns.In a public letter to company management…

Global Maritime, BP Sign 3-Year Deal

Aug 27, 2021

Marine, offshore, and engineering consultancy Global Maritime has recently signed a Framework Agreement with BP to provide the oil firm with specialist marine services.The HitecVision-backed firm said that the three-year frame agreement would cover marine vessel assurance…

PGS Wraps Phase 2 of Côte d’Ivoire MegaSurvey

Aug 27, 2021

Norwegian seismic acquisition company PGS, has in partnership with PetroCi and Direction Générale des Hydrocarbures, wrapped up phase two of the Côte d’Ivoire MegaSurvey, adding 9 897 sq. km of 3D and 24 632 km 2D in the Tano Basin. Data from phases 1 and 2 have been matched…

Shell Shuts Production at Four Gulf of Mexico Platforms as Storm Ida Approaches

Aug 27, 2021

Royal Dutch Shell Plc is shutting production at four Gulf of Mexico offshore platforms and evacuating all workers from those locations because of the threat from Tropical Storm Ida, the company said on Thursday night.The Ursa, Mars, Olympus…

MHO's New CTVs Have Zero-emissions Capability

Aug 26, 2021

A pair of hybrid crew transfer vessels (CTV) with extensive zero-emission capability have been delivered to service the Hornsea Project 2 offshore wind farm in the U.K. North Sea for Ørsted.The newbuilds, MHO Asgard and MHO Apollo, built by AFAI Southern Shipyard in China…

Boatbuilders SAFE Boats, Diverse Marine Target US Offshore Wind

Aug 26, 2021

Boatbuilders SAFE Boats International and Diverse Marine are teaming up to build vessels for the burgeoning U.S. offshore wind market.For the past three years U.S.-based SAFE Boats has been working with U.K.-based Diverse Marine promoting SAFE Boat designs in European markets…

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