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BlueNord and Semco Maritime Enter Into Oil and Gas Partnership

Apr 12, 2023

Norwegian Energy Company (Noreco), to be renamed BlueNord, has entered into a strategic partnership with Semco Maritime to jointly explore oil and gas opportunities.In addition, BlueNord has submitted a licence application for acreage containing…

Navigational Hazard: Wave Buoy Breaks Free from Mooring at West of Orkney Wind Farm Site

Apr 12, 2023

A 250kg wave buoy associated with the metocean survey at the West of Orkney Wind Farm site in Scotland has broken free of its mooring, according to a notice to mariners issued Wednesday by Xodus Group, on behalf of the wind farm developer Offshore Wind Power Limited (OWPL) said…

VIDEO: Well-Safe Solutions Sends Semi-submersible Rig for 14-well P&A Campaign in UK North Sea

Apr 12, 2023

UK-based offshore well decommissioning firm Well-Safe Solutions has deployed its Well-Safe Defender semi-submersible plugging & abandonment unit for work in the North Sea for Spirit Energy.This is the first contract for the Well-Safe Defender semi-submersible rig…

ConocoPhillips Raises Emission Reduction Targets, Expects $10B in Annual Spending

Apr 12, 2023

U.S. oil producer ConocoPhillips on Wednesday unveiled a 10-year plan that raised its targets for greenhouse gas reductions and put its annual capital expenditure at about $10 billion on average, ahead of an investor meeting.Houston-based ConocoPhillips…

Vard Electro to Deliver SeaQ Energy Storage System for REM Offshore Vessel Retrofit

Apr 12, 2023

Norwegian offshore vessel owner REM Offshore has selected Vard Electro and its SeaQ solutions to upgrade battery technology onboard one of the company's platform supply vessels.Vard Electro will deliver a complete SeaQ Energy Storage System…

Drill the Well on Simulator: Petronas Turns to Digital Twin Tech to Train Drilling Crew

Apr 12, 2023

Malaysian national oil firm Petronas has awarded a contract to 3t Energy Group's Drilling Systems to provide its ‘Drill the Well on Simulator’ (DWOS) solution to support Petronas' training and development program over a three-year period.'The…

China's Sinopec Becomes First Asian Shareholder in Qatar's NFE Project

Apr 12, 2023

Qatar's state-owned energy firm QatarEnergy has signed a definitive partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field East (NFE) expansion project, dubbed the largest project in the history of the LNG industry…

Trinity Shuts Production from Trintes Field after Offshore Platform Fire

Apr 12, 2023

Oil and gas company Trinity Exploration & Production said Wednesday that a generator-related fire occurred on its Bravo Platform in the Trintes Field, in the Galeota Block, offshore east coast Trinidad at around 21:15 local time.'Production from the Bravo platform was halted…

Japan Climate Group Urges More Renewable Energy, Effective Carbon Pricing

Apr 12, 2023

Japanese companies and climate groups called on the nation's government on Wednesday to step up the introduction of renewable energy and quickly adopt carbon pricing to tackle global warming.The Japan Climate Initiative (JCI), an alliance of companies…

Rocsole Names New CEO

Apr 12, 2023

Rocsole, a Finland-based developer of offshore pipeline inspection technology, has appointed Pekka Kaunisto as the new CEO of Rocsole. Kaunisto, who joined Rocsole in early 2019 as Vice President of Sales, will succeed Mika Tienhaara, who served as CEO since early 2020…

Cordiant Supports ROVOP's Offshore Service Expansion with $25M Credit Facility

Apr 12, 2023

UK-based remotely operated vehicle (ROV) solutions provider, ROVOP, said Thursday it had agreed a $25 million senior secured credit facility with Cordiant Capital (Cordiant), the specialist global infrastructure & real assets manager.Backed by Bluewater…

World's Deepest Offshore Wind Foundation Installed in Scotland

Apr 12, 2023

Italian energy services firm Saipem has installed what has been described as the world’s deepest offshore wind turbine foundation at Scotland’s largest offshore wind farm – Seagreen.Last Friday, Seaway 7 transported the jacket foundation on…

Wärtsilä to Provide 24/7 Crew for Power Modules on FPSO in Brazil

Apr 12, 2023

Finland-based marine equipment and technology provider Wärtsilä said Wednesday it would operate the power modules onboard an FPSO vessel in Brazil on behalf of the owner 3R Petroleum. The vessel operates in the Papa Terra oilfield offshore Brazil…

Petroecuador Names Ramon Correa as New General Manager

Apr 12, 2023

The board of directors of Ecuador's state-owned oil company Petroecuador on Tuesday named Ramon Correa, an engineer, as general manager following recent management changes in the wake of a corruption investigation.Correa replaces Maria Elisa Soledispa…

Colombia's Ecopetrol Appoints Ricardo Roa as New CEO

Apr 12, 2023

Colombia's majority state-owned energy company Ecopetrol has appointed Ricardo Roa as its new chief executive, the company said in a statement late on Tuesday, adding he will assume the role from April 30 at the latest. Roa's appointment follows…

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