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MMA Offshore Expands Fleet with 2016-Built Vessel "Offshore Solution"

Nov 09, 2023

Australian offshore vessel operator MMA Offshore has acquired the vessel “Offshore Solution” to supplement its multi-purpose support vessel fleet. The Offshore Solution is a 2016 European-built, 54-meter, DP-2 multi-purpose support vessel fitted with two deck cranes…

Well-Safe Solutions Adds Appleton Field Well to Well-Safe Defender's P&A Scope

Nov 09, 2023

UK-based offshore well decommissioning specialist Well-Safe Solutions has signed a contract with Spirit Energy to add a well from the Appleton field in the UK North Sea to the existing scope of the Well-Safe Defender semi-submersible plugging and abandonment rig…

SBM Offshore Upgrades Annual Revenue, Profit Outlook after ExxonMobil FPSO Sale

Nov 09, 2023

Dutch oil and gas services company SBM Offshore on Thursday upgraded its full-year revenue and core profit targets after ExxonMobil exercised its purchase option for a project in Guyana.The Amsterdam-based company now aims for a directional revenue of $4…

PGS Wins 4D Survey Contract Offshore West Africa

Nov 09, 2023

The Norwegian marine seismic survey services firm PGS said Thursday it had secured a 4D survey contract with an undisclosed client offshore West Africa.Mobilization is scheduled for Q4, and the contract has a total duration of approximately 60 days…

Vietnam Will Struggle to Meet 2030 Offshore wind goal, Top Official Says

Nov 09, 2023

Vietnam will have a hard time reaching its offshore wind power target for 2030, a top executive at a state-owned energy company said, with foreign investors also warning of multiple regulatory hurdles that would need to be cleared.The Southeast…

Shell Sues Greenpeace for Boarding Penguins FPSO While in Transit

Nov 09, 2023

Shell is suing Greenpeace for $2.1 million in damages after the environmental group's activists boarded the company's oil production vessel in transit at sea this year, according to Greenpeace and a document seen by Reuters.The British oil and gas major filed the claim in London's High Court…

ABS Approves New FPSO Newbuild Hull Design Concept

Nov 08, 2023

Classification society ABS announced it has granted approval in principle (AIP) for a the Sterling Streamline, a next generation concept design for large floating production storage and offloading unit (FPSO) newbuild hulls from India's Shapoorji Pallonji Energy (SPE)…

Finland Says China Promised Full Cooperation in Pipeline Probe

Nov 08, 2023

Finland on Wednesday said China had promised to fully cooperate in the investigation of the destruction last month of the Balticconnector gas pipeline, which happened on the same night that three subsea telecoms cables in the area were also damaged…

New Fortress Expects LNG from Mexico Altamira FLNG by Year-end

Nov 08, 2023

U.S. energy company New Fortress Energy NFE.N expects to produce the first liquefied natural gas (LNG) at its Altamira export plant in Mexico by the end of the year, it said on Wednesday.Atlamira will be Mexico's first LNG export plant.The company…

Van Oord Wins $533M in Offshore Wind Contracts in Poland and Taiwan

Nov 08, 2023

Dutch offshore installation firm Van Oord has been awarded two new offshore wind projects Baltic Power in the Baltic Sea and Greater Changhua 2b and 4 in Taiwan. The contracts have a combined value of more than EUR 500 million (~currently around 533 million)…

Japan Says to Ensure U.S. Sanctions on Russia LNG Project Won't Harm Supplies

Nov 08, 2023

Japan will make sure its energy supplies are not affected by sanctions the United States recently imposed on the Arctic LNG 2 project in Russia in which it has a stake, Industry Minister Yasutoshi Nishimura said on Tuesday.Japan, the world's second-largest liquefied natural gas (LNG) buyer…

FOCUS-How Shipping More US Natural Gas to Europe Helped Fuel CO2 Pollution

Nov 08, 2023

Carbon dioxide emissions from U.S. liquefied natural gas facilities have jumped to 18 million tons per year, up 81% since 2019, adding a volume of greenhouse gas to the atmosphere equivalent to that produced by several big coal plants, according to United States government data…

Dolphin Drilling Names Ex-Awilco Drilling CEO as Chief Strategy Officer Amid Offshore Drilling Rebound

Nov 08, 2023

Offshore drilling contractor Dolphin Drilling said Wednesday it had appointed Jon Oliver Bryce as Chief Strategy Officer, as, the company says, the market for mid-water moored semi-submersibles continues to rebound.Jon Oliver Bryce, the former…

Excelerate Energy Secures Long-Term LNG Deal with Petrobangla, Bangladesh

Nov 08, 2023

U.S.-based LNG firm Excelerate Energy has signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with the Bangladesh Oil, Gas & Mineral Corporation (Petrobangla). Petrobangla has agreed to purchase 0.85 to 1.0 million…

Global Fossil Fuel Production Plans Far Exceed Climate Targets, U.N. Says

Nov 08, 2023

Global fossil fuel production in 2030 is set to be more than double the levels that are deemed consistent with meeting climate goals set under the 2015 Paris climate agreement, the United Nations and researchers said on Wednesday.The United Nations Environment Programme's (UNEP) report…

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