Latest News - page 516


Equinor to Implement Heat Recovery at Statfjord C

Aug 22, 2023

Equinor and partners will replace two gas turbines with heat recovery to produce electric power at Statfjord C.A new steam turbine will produce electricity based on surplus heat from two gas compressors. This will make the energy consumption…

Woodside Reports Strong Half Year Results

Aug 22, 2023

Woodside has released its half-year financial results which show a net profit after tax (NPAT) of US$1,740 million. Underlying NPAT was US$1,896 million, up 4% on the corresponding period in 2022, reflecting a full period of results with Woodside’s expanded operations portfolio…

Sandia Tests Heat-Powered Sequestration Monitoring System

Aug 22, 2023

Researchers at Sandia National Laboratories recently designed, built and lab-tested a device that can use the temperature difference caused by periodically pumping carbon dioxide down a borehole to charge batteries to power underground sensors…

NOIA Unhappy About Rice Whale Protection Recommendations

Aug 21, 2023

National Ocean Industries Association (NOIA) President Erik Milito has said that the Bureau of Ocean Energy Management (BOEM) issue of a Notice to Lessees (NTL) with recommended restrictions on ongoing industry activities within the expanded…

Video: Seagreen Offshore Wind Jackets Lifted via Ring Crane

Aug 21, 2023

Offshore wind projects taking place in macrotidal environments, such as around the U.K., must deal with water level changes of more than four meters every six hours. This extreme tidal range is difficult to compensate for using ballasting, so…

Exxon Proposes Sixth Oil Project in Guyana for $12.9 Billion

Aug 21, 2023

Exxon Mobil Corp and partners plan to spend $12.93 billion to develop their sixth offshore oil project in Guyana, according to a filing published on Monday by the South American country.The floating production platform for the so-called Whiptail…

Storm Brewing in Gulf of Mexico Set to Strengthen

Aug 21, 2023

A storm system brewing in the Gulf of Mexico could strengthen into a named storm as it takes aim at the Texas coast, the U.S. National Hurricane Center said on Monday.The system, named Potential Tropical Cyclone 9, was about 480 miles (770 km) east-southeast of Port Mansfield…

US, Brent Crude Futures Stabilize After Negative Turn

Aug 21, 2023

Crude oil futures stabilized on Monday after briefly turning negative following gains of more than $1 earlier in the session, as markets weighed supply tightness against expectations of slow demand growth, particularly from China.Brent crude was up 14 cents to $84…

WSG Energy Services Records Several FPSO Asia Pacific Project Wins

Aug 21, 2023

WSG Energy Services (WSGES) in Singapore has secured multiple contract wins on Floating Production Storage and Offloading (FPSO) vessel projects with a combined value in excess of at $10m.WSG was commissioned by Yinson Production to assist on the upgrade and conversion of FPSO Atlanta…

US Offshore Wind: Long-term Outlook Bright Despite Short-term Concerns

Aug 21, 2023

While trouble areas continue to emerge in the young U.S. offshore wind industry, analysts at Intelatus Global Partners maintain an optimistic outlook for the industry in the long term.The business intelligence and consulting firm said in its latest U…

“Game-changing” CSOV in Norway

Aug 21, 2023

Offshore Engineer was recently in Norway to learn more about the newly launched Construction Service Operation Vessel REM Power, and of particular interest for this magazine edition, of its crane.The vessel's owner REM Offshore is a Norwegian company…

Mega Machine Deep Driller: JOIDES Resolution

Aug 21, 2023

The JOIDES Resolution embarks on Expedition 395 to understand the impacts of mantle plumes on deep ocean currentsThe world’s oceans, still largely unexplored, remain a treasure trove for scientists and researchers alike. Physical, chemical and…

Diamond Offshore's Ocean Apex Starts Drilling off Australia

Aug 21, 2023

Offshore drilling contractor Diamond Offshore announced its semisubmersible rig Ocean Apex has commenced a two-well drilling campaign for Woodside Energy in Australia.The rig recently underwent a five-year special periodic survey at the Seatrium…

Ampelmann Inks Second Contract for New Ulstein CSOVs

Aug 21, 2023

Dutch offshore access provider Ampelmann announced it has signed a new contract to build two more W-type systems for Ulstein, on behalf of one of Germany’s major shipowners. This is Ampelmann's second contract with Ulstein to provide an integrated gangway system on two new vessels…

As Australian LNG Strike Looms, Impact Limited ... for Now

Aug 21, 2023

The likelihood of industrial action at three Australian liquefied natural gas facilities is increasing, but the question for the market is what is the potential impact on the supply of the super-chilled fuel.Unions at Woodside Energy Group's…

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