Latest News - page 416


Angola, Nigeria Target Higher Oil Output Amid OPEC+ Talks

Nov 23, 2023

African members of OPEC+ producer group Angola and Nigeria are aiming for higher oil output, officials told Reuters on Thursday, as the countries are locked in talks with the group about their production quotas for next year.The comments came…

Probe Launched after Valve Block Strikes Worker on OKEA's Brage Platform

Nov 23, 2023

The Norwegian offshore industry safety body has launched an investigation after a person was hit by a valve block on the OKEA-operated Brage platform, offshore Norway, on Tuesday, November 21, 2023. According to the Petroleum Safety Authority of Norway (PSA)…

Carbon Capture and Storage Hopes are Pipe Dreams, for Now - Russell

Nov 23, 2023

Carbon capture and underground storage (CCUS) is touted by proponents of fossil fuel production and consumption as the technology that will keep oil and gas in the global energy mix. It is, and at the same time, it isn't.The International Energy…

Havfram Wind and IWS in Offshore Wind Turbine Installation Collab

Nov 23, 2023

Integrated Wind Solutions ASA (“IWS”) has, through its wholly-owned subsidiary, IWS Fleet AS and IWS Fleet Management entered into a strategic cooperation with offshore wind installation firm Havfram Wind.This collaboration involves IWS providing…

Hapo Acquires 1,200-Ton Cranes from Cadeler's Wind Installation Vessels

Nov 23, 2023

Hapo International Barges has acquired cranes recently removed from Cadeler's Wind Orca and the Wind Osprey offshore wind installation vessels from Cadeler.These 1,200-ton cranes had to be replaced with even larger cranes for Cadeler to be able to install the next generation of wind turbines…

Rovco Completes Survey Work for Floating Offshore Wind Farm in North Sea

Nov 23, 2023

Rovco said Thursday it had completed all survey work on behalf of Flotation Energy and Vårgrønn for the planned Cenos floating offshore wind farm located in the Central North Sea, 200 kilometers off the coast of north-east Scotland.Rovco was…

N-Sea Extends Braveheart Spirit Charter to 2025 End

Nov 23, 2023

Subsea services firm N-Sea said Thursday it had extended the long-term charter agreement for the vessel Braveheart Spirit until December 31, 2025.Since April 2022, N-Sea has had the vessel under full management and control. The vessel, formerly known as the DPSV Bourbon Gulf Star vessel…

H. Keith Jennings Joins Noble Corp. as Director and Audit Committee Chair

Nov 23, 2023

Offshore drilling firm Noble Corporation has appointed H. Keith Jennings to serve as a director. Jennings was also appointed as the chair of the Audit Committee.Charles M. Sledge, Chairman, on behalf of the Board of Directors, commented: 'We…

Corvus Energy Names Fredrik Witte as New CEO

Nov 23, 2023

Corvus Energy, a Norway-based provider of battery energy storage solutions and fuel cell systems for maritime, offshore and port applications, has appointed Fredrik Witte as the new CEO, starting January 1, 2024.  Until Witte starts, CFO Mette Rokne Hanestad will serve as the Interim CEO…

Serica Energy to Acquire Interest in Greater Buchan Area Off UK

Nov 23, 2023

UK-based oil firm Serica Energy said Thursday it had agreed to acquire a 30% non-operated interest in the UK North Sea licenses P2498 and P2170 which together make up the Greater Buchan Area (“GBA”) from Jersey Oil & Gas.Completion is subject to regulatory…

Oil Spill at TotalEnergies' Field Off Nigeria Under Control, Agency Says

Nov 23, 2023

Nigerian authorities are closely monitoring and working to contain an oil spill that occurred during loading operations at the TotalEnergies-operated Egina field on Nov. 15, the maritime agency said on Wednesday.The Nigerian Maritime Administration…

Sultan al-Jaber: the UAE Oil Boss Steering COP28

Nov 23, 2023

Sultan al-Jaber, the United Arab Emirates oil chief executive and leader of COP28 climate talks, has a formidable reputation for earnestly pursuing results.His position as leader of state energy giant ADNOC has alarmed environmental critics…

U.S. Gulf of Mexico Oil Spill Shuts in Around 3% of Daily Output

Nov 23, 2023

Around 61,165 barrels of daily oil output from at least six producers, making up about 3% of crude oil production in the Gulf of Mexico, has been shut in by Third Coast Infrastructure's underwater pipeline leak, the U.S. Coast Guard said on Wednesday…

Brazil Agency to Rule if Petrobras Can Drill Near Amazon Mouth by Early 2024

Nov 22, 2023

Brazil's environment protection agency Ibama is expected to decide by early next year if state-run oil company Petrobras PETR4.SA can drill near the mouth of the Amazon River, Ibama's president Rodrigo Agostinho said on Wednesday.The area is part of Brazil's Equatorial Margin…

BMT and Strategic Marine Partner on Crew Vessel Sustainability

Nov 22, 2023

U.K. headquartered naval architecture and marine engineering firm BMT is teaming up with Singapore-based shipbuilder Strategic Marine to drive the offshore wind crew vessel industry toward a more sustainable future.Under a new Long-Term Agreement (LTA)…

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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