Latest News - page 519


McDermott Wins Shell Contract for Offshore Transportation and Installation Project in Malaysia

Jul 06, 2023

Offshore installation services firm McDermott has won a contract for an offshore transportation and installation project with Shell in Malaysia.The pipelay and heavy lift project offshore Sarawak in East Malaysia, awarded by Sarawak Shell Berhad (SSB)…

Remembering Piper Alpha: 35th Anniversary of Offshore Oil Disaster that Claimed 167 Lives

Jul 06, 2023

Thirty-five years ago, on July 6, 1988, one of the offshore oil and gas industry's worst-ever disasters struck  - the explosion of the Piper Alpha platform in the UK North Sea. To this day, the disaster is the worst ever in the industry by the number of lives lost…

Oil Industry Should Set Carbon Targets at COP28 -TotalEnergies CEO

Jul 06, 2023

The world's oil and gas companies should set targets to cut greenhouse gas emissions by 2030 at the upcoming COP28 global climate conference, the CEO of France's TotalEnergies Patrick Pouyanne said on Wednesday.'If we can bring something to COP28 as an oil and gas industry…

Iberdrola's First French Offshore Wind Farm Begins Supplying Electricity to the Grid

Jul 06, 2023

Spanish renewable energy company said Thursday that its first French offshore wind farm has officially started supplying electricity to the grid.Electricity from the Saint-Brieuc offshore wind farm has started feeding into the grid in Brittany for the first time…

Denmark Launches Tender for North Sea Oil and Gas Concession

Jul 06, 2023

The Danish Energy Agency has launched a tender for the exploration and production of oil and gas at a new concession in the North Sea, it said in a statement on Thursday. The agency initiated the tender process following an unsolicited application…

Asso.subsea Partners with Nexans for Subsea Cable Project in Germany

Jul 06, 2023

Asso.subsea, a subsea cable services company, has signed a contract with the major subsea cable maker Nexans for the transportation, installation, and protection of the nearshore section for the 320 kV DC connection that will transmit up to 980 MW of electricity from the BorWin cluster in Germany…

HAV Group to Design Methanol-Fueled Offshore Wind Service Vessel for ESVAGT

Jul 06, 2023

Norway's HAV Group said Wednesday its ship design business had been selected to develop another methanol-fuelled offshore wind service operation vessel (SOV) for ESVAGT.  'To secure repeat ship design business from a leading SOV operator is a proud moment for us…

Third Coast Acquires Stake in Shell-operated U.S. Gulf of Mexico Offshore Platform

Jul 06, 2023

Houston-based Third Coast Super Holdings has acquired an indirect 26.5% non-operated interest in the Perdido offshore platform in the U.S. Gulf of Mexico from ArcLight Energy Partners Fund VI, L.P., a private equity fund managed by ArcLight Capital Partners…

NGO Shipbreaking Platform Pushes for Safe Recycling of FSO Safer

Jul 06, 2023

The NGO Shipbreaking Platform has called for the safe and environmentally friendly recycling of the FSO Safer, currently being salvaged off the coast of Yemen.The UNDP is looking for a destination for the FSO’s recycling, and the Platform is calling on the Dutch government…

TDI-Brooks Awarded Geotechnical Coring Project Off US East Coast

Jul 05, 2023

Avangrid has awarded TDI-Brooks a shallow water geotechnical site investigation survey at block OCS A-0508, also known as Kitty Hawk Wind. The data collected will inform the design of the export cable and inter-array packages.The scope of work…

Guyana's Environmental Regulator Okays 35 New Oil Wells

Jul 05, 2023

Guyana's environmental regulator on Wednesday granted an Exxon Mobil-led consortium approval to drill 35 new offshore exploration and appraisal wells as the group looks to expand its production successes in the South American country.The wells will be drilled within the group's 6…

Exxon Signals Profit Drop

Jul 05, 2023

Exxon Mobil Corp on Wednesday signaled second-quarter operating profits fell sharply on lower natural gas prices and weaker oil refining margins, according to a regulatory filing.Operating earnings dropped to about $7.8 billion from $17.85 billion a year earlier…

Amogy and Southwind Partner in Offshore Wind Push

Jul 05, 2023

U.S.-based ammonia power solutions company Amogy announced it is partnering with Norway's Southwind to explore joint opportunities in offshore wind.Southwind aims to establish Kristiansand as an operational base for offshore wind field developments and as a hub for a national competence center…

US Approves Construction for Orsted's Ocean Wind Project off New Jersey

Jul 05, 2023

The Biden administration on Wednesday approved construction of an offshore windfarm that will generate 1,100 megawatts of power from up to 98 turbines off the coast of Atlantic City, New Jersey, becoming the third such project in the United States…

Valaris Lands $150 Million in Offshore Drilling Contracts and Extensions

Jul 05, 2023

Offshore drilling contractor Valaris said Wednesday it had recently secured offshore drilling rig contract wins and extensions worth about $150 million in total, the figure which does not include lump sum payments like mobilization fees and capital reimbursements…

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