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Battle in UK Offshore Sector: 1650 Contractors Set to Strike Over Jobs and Pay

May 23, 2023

UK-based union Unite said Tuesday that around 1650 offshore contractors would start two new rounds of 48-hour strike action 'in an increasingly bitter dispute over jobs, pay, and conditions in the offshore sector.'Around 1650 contractors across…

Shell CEO Shielded by Security as Climate Protesters Try to Storm AGM Stage

May 23, 2023

Security staff shielded Shell Chief Executive Wael Sawan and the firm's board of directors as climate protesters tried unsuccessfully to storm the stage at the energy giant's annual shareholder meeting in London on Tuesday.Shell Chairman Andrew…

Plexus' POS-GRIP Tech Gets Vote of Confidence as SLB Extends Licensing Agreement

May 23, 2023

Oil and gas engineering services firm Plexus Holdings said Tuesday that oilfield services giant SLB had exercised its option to extend its non-exclusive licence agreement with Plexus for an additional six years effective from November 10, 2023…

2H Offshore Initiates Second Phase of Wellhead Fatigue JIP

May 23, 2023

2H Offshore has launched the second phase of its Measurement-based Wellhead Fatigue joint industry project (JIP), which aims to improve riser, wellhead, and conductor fatigue estimates and make drilling operations more reliable and efficient…

Norway April Oil, Gas Output Drop

May 23, 2023

Norway's crude oil and gas output declined in April from the previous month, with gas output exceeding the official forecast slightly, Norwegian Petroleum Directorate (NPD) said on Tuesday. Crude oil output edged lower to 1.81 million barrels per day (bpd) in April from 1…

Aquaterra Energy Wins Multi-Million Subsea Riser Contract with BP for Trinidad and Tobago Project

May 23, 2023

Offshore engineering solutions firm Aquaterra Energy said Tuesday it had secured a multi-million subsea riser contract with BP for a subsea well development project in Trinidad and Tobago.Under the contract, won through a competitive tender…

Investment Firm Kistos Acquires Mime Petroleum, Gains Access to Norway's Offshore Oil Fields

May 23, 2023

The investment firm Kistos said Tuesday it had acquired all of the outstanding shares of Norway-focused oil company Mime Petroleum A.S. ('Mime') from Mime Petroleum S.a.r.l.Mime holds a 10% interest in the Balder joint venture, comprising the Balder and Ringhorne fields offshore Norway…

Germany Cannot be Relaxed about Baltic LNG Capacity, Senior Official Says

May 23, 2023

Germany cannot be relaxed about the need for liquefied natural gas (LNG) terminals in the Baltic Sea, a high-ranking economy ministry official said on Monday, a week after plans emerged to scale down the region's Mukran project after local resistance…

Lula Doubts Petrobras Oil Project in Amazon Basin Would Hurt Environment

May 23, 2023

Brazilian President Luiz Inacio Lula da Silva on Monday said he finds it 'difficult' to believe that oil exploration in the Amazon basin would cause environmental damage to the region's rainforest, the largest in the world. Brazil's environmental…

Heritage Petroleum Names Ex-ConocoPhillips Exec as New CEO as Chow Set to Retire

May 23, 2023

Trinidad and Tobago's state-owned oil company Heritage Petroleum has hired a 25-year veteran of U.S. oil and gas producer ConocoPhillips CEO, the company's chairman told Reuters on Monday. Erik Keskula was last president of Conoco's Malaysia…

INTOG: Salamander Signs Exclusivity Agreement for 100 MW Floating Offshore Wind Project

May 23, 2023

Salamander, a joint venture between Ørsted, Simply Blue Group, and Subsea7, has signed an exclusivity agreement as part of Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round.The 100 MW Salamander floating offshore wind project…

OMV Extends Partnership with CGG for Advanced Seismic Imaging and Reservoir Characterization

May 23, 2023

Seismic data firm CGG has been awarded a new contract by the oil firm OMV to continue operating a dedicated center at its head office in Vienna for an initial three-year period. CGG said that during the contract time, OMV would continue to benefit…

BOEM Completes Environmental Analysis of New Jersey Offshore Wind Project

May 22, 2023

The U.S. Bureau of Ocean Energy Management (BOEM) said Monday it had completed its environmental analysis of the proposed Ocean Wind 1 wind project offshore New Jersey, which could power up to a half million households.As part of the Ocean Wind 1 project…

Equinor Shelves Trollvind Offshore Wind Farm Project

May 22, 2023

Norwegian energy firm Equinor said Monday it would postpone further development of the Trollvind offshore wind initiative indefinitely. Back in June 2022, Equinor and four other oil and gas companies in Norway, partners in the Troll and Oseberg fields in the North Sea…

STATS Group and EPOMS Sign Exclusive Deal for Offshore Services in Malaysia

May 22, 2023

Pipeline engineering specialist STATS Group said Monday it had signed an exclusive supply agreement for its products and services with Malaysia’s E&P O&M Services Sdn Bhd (EPOMS).EPOMS provides integrated frontline operations and maintenance services for oil and gas platforms…

Current News

BOEM Initiates Process for Potential Mineral Lease Sale Offshore Virginia

Jumbo Scoops Two Offshore Wind Contracts

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

TechnipFMC to Supply Subsea Systems for Chevron’s Gas Project off Australia

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