Latest News - page 477


Australia Readies for Offshore Wind Industry in Southern Ocean

Jun 28, 2023

The Australian Government has opened consultation on a new offshore wind zone in the Southern Ocean.The 5,100 square kilometre area stretches from Warrnambool in Victoria to Port MacDonnell in South Australia. It includes Portland, which is…

Denmark Puts Off North Sea Energy Island Tender Due to High Cost

Jun 28, 2023

The Danish government has postponed the launch of a tender to establish a North Sea energy island project due to high costs, the country's ministry of energy said on Wednesday.The project included the construction of an artificial island in…

Norway Approves Equinor's New Field Developments, Including Country's Deepest Offshore Field

Jun 28, 2023

Norwegian oil firm Equinor said Wednesday its plans for the development and operation of the subsea fields Irpa and Verdande, and the production well Andvare in the Norwegian Sea have been approved by Norwegian authorities. The gas field Irpa will be tied back to the Aasta Hansteen platform…

ModuSpec to Help Reactivate Stranded Newbuild Jack-up Rig for Latin America Contract

Jun 28, 2023

Offshore drilling rig service and inspection firm ModuSpec has won a contract to support the intake of a stranded new-build jack-up drilling rig.The jack-up was originally constructed in 2020 in Singapore and has remained stranded in the construction…

Northern Ocean's 'Deepsea Mira' Starts 300-Day Drilling Contract with TotalEnergies in Namibia

Jun 28, 2023

Offshore drilling rig owner Northern Ocean said Wednesday that its Deepsea Mira semi-submersible drilling rig had kicked off its drilling contract with TotalEnergies in Namibia, where the French oil major last year made a giant oil discovery with its Venus-1x well…

Sale of 37 PSVs to Tidewater: Solstad Offshore's Exit from PSV Sector Imminent

Jun 28, 2023

Norwegian offshore vessel owner Solstad Offshore has revealed the expected completion date for its previously agreed sale of 37 platform supply vessels to the U.S. offshore vessel firm Tidewater.Solstad Offshore in March said it would sell 37…

Scana's Seasystems Secures Sizeable Contracts for FPSO Project in Ivory Coast

Jun 28, 2023

Scana-owned Seasystems has secured contracts for an FPSO project offshore the Ivory Coast with an unnamed client.The first contract is regarding the upgrade and refurbishment of a mooring system supplied by Seasystems in 2008, and the second…

Wintershall Dea's Plans for Dvalin North and Maria Phase 2 Fields Get Green Light

Jun 28, 2023

Wintershall Dea and its partners Petoro and Sval Energi have received approval from the Norwegian Ministry of Petroleum and Energy (MPE) for their plans to develop the Dvalin North field and the second phase of the Maria field in the Norwegian Sea…

CGX Energy, Frontera Strike Oil at Wei-1 Well Offshore Guyana

Jun 28, 2023

Guyana-focused oil and gas companies CGX Energy and Frontera Energy Corporation said Wednesday they had discovered oil at the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana. 'The Joint Venture…

Mitsui OSK Gets AiP for Liquefied CO2 Vessel, Floating Storage Unit

Jun 28, 2023

Japanese shipping company Mitsui O.S.K Lines (MOL) 9104.T has received in-principle approvals for a liquefied CO2 vessel and a floating storage and offloading unit (FSO) from the American Bureau of Shipping, its Chief Executive Takeshi Hashimoto said on Wednesday…

Italian Cable Giant Ups Emission Reduction Targets for the Near Term

Jun 28, 2023

Italy's Prysmian has adopted a net zero carbon target by 2050 and slightly upped its emission reduction targets for the near term, the world's largest cable maker said on Wednesday.Prysmian - which supplies cables for industries including high voltage power transmission…

Exporting Too Much Gas Could Jeopardize Israel's Energy Security, Warns Official

Jun 28, 2023

Israel should urgently examine how much natural gas the country should export to make sure it keeps enough for itself, a senior official at Israel's Finance Ministry said in a letter seen by Reuters. The country is expected to roughly double…

Norway Offshore Drilling Firms Start Wage Mediation with Unions

Jun 28, 2023

Owners of floating offshore oil drilling rigs on Wednesday began a final round of wage talks with three Norwegian labor unions in a bid to prevent the outbreak of strike action that could disrupt exploration, but not production, negotiators said…

INEOS FPS Awards Long-Term Contract to Sparrows Group for Unity Platform Support

Jun 28, 2023

UK-based Sparrows Group, a company providing engineering and maintenance services for global energy and industrial sectors, has secured a three-and-a-half-year contract with INEOS FPS.Under the contract, Sparrows will provide crane and lifting equipment operations…

Norway Approves More than $18B in Oil, Gas Investments

Jun 28, 2023

Norway's government said on Wednesday it had given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come…

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