Latest News - page 594


UTEC Launches Cloud-based Platform for Subsea Asset Visualization

Mar 14, 2023

UTEC, a Geo-services brand in Acteon’s Data and Robotics division, has launched “iSite Subsea,”  a cloud-based platform enabling 360° visualization of subsea assets and data. According to UTEC, the solution has been designed to meet the needs…

Ocean Installer to Install Cables at World's Largest Floating Wind Farm

Mar 14, 2023

Offshore installation company Ocean Installer has won a contract with Equinor for the installation of dynamic inter-array cables on Hywind Tampen in Norway.Hywind Tampen is the world’s largest floating wind farm and will be used to partially power Equinor's oil and gas platforms in the North Sea…

Putin Ally Accuses U.S., UK of Sowing Deception over Nord Stream Blasts

Mar 14, 2023

One of President Vladimir Putin's top allies said on Monday that the United States and Britain were sowing deceptions that a pro-Ukrainian group blew up the Nord Stream gas pipelines on the bed of the Baltic Sea last year.Last week the New York Times reported that intelligence reviewed by U…

Ørsted, Eversource Bid to Build 884MW Offshore Wind Farm in Rhode Island

Mar 14, 2023

Offshore wind developers Ørsted and Eversource said Monday they had submitted a joint proposal in response to Rhode Island's offshore wind solicitation. Ørsted said that the proposed project, named Revolution Wind 2, would, if selected, create 'hundreds…

Equinor Makes 'Commercially Interesting' Offshore Oil and Gas Discovery in Norway

Mar 14, 2023

Norwegian oil and gas firm Equinor has made an oil and gas discovery near its Troll field in the North Sea, offshore Norway.The company said this was its eighth discovery in the area since 2019. According to Equinor, the volumes discovered are…

Aker BP Starts Production from North Sea Oil Field

Mar 14, 2023

Norwegian oil company Aker BP has started production from the Frosk field development in the  Alvheim area, offshore Norway.The Frosk field is tied back to Alvheim FPSO in the North Sea via existing subsea infrastructure. The field, discovered in 2019…

Oil Worker Medevaced in the Gulf of Mexico

Mar 13, 2023

An ailing worker was airlifted from a platform in the U.S. Gulf of Mexico on Monday, the U.S. Coast Guard said.The Coast Guard said its District Eight watchstanders received a call at approximately 7 a.m. from the aircrew of the Acadian Air…

AAM Delivers Survey Vessel for NV5-Geodynamics

Mar 13, 2023

Bellingham, Wash. shipbuilder All American Marine (AAM) announced it has delivered a new research and hydrographic survey vessel for NV5-Geodynamics. The vessel was sea-trialed on Bellingham Bay, prior to shipping via cargo ship to its homeport of Beaufort…

Biden Administration to Designate 2.8 Million Acres in Arctic Ocean off-limits for Oil and Gas Leasing

Mar 13, 2023

The U.S. Department of the Interior said Monday that President Biden would take action to designate about 2.8 million acres in the Arctic Ocean nearshore the National Petroleum Reserve-Alaska (NPR-A) as indefinitely off-limits for future oil and gas leasing…

Equinor Secures Drilling Permit from NPD for Norwegian Sea Well

Mar 13, 2023

The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for the well 6406/5-2 S, in the Norwegian Sea, off Norway.NPD said Monday the drilling would start in March, using Odfjell Drilling's semi-submersible drilling rig Deepsea Stavanger…

Shell Invests in Gulf Wind Technology for Gulf of Mexico Wind Turbine Project

Mar 13, 2023

New Orleans-based wind turbine rotor specialist Gulf Wind Technology (GWT) said Monday it had partnered with Shell New Energies US LLC (Shell), through a $10 million investment by the energy company, to create the Shell Gulf Wind Technology Accelerator program…

Wales Grants Consent for First Floating Wind Farm

Mar 13, 2023

Welsh Ministers have granted a Section 36 consent with deemed planning permission to Blue Gem Wind consortium to build and operate the Erebus floating wind project. The news follows the recent decision by Natural Resources Wales to provide the…

Britain's Tax Take Risks Blowing Green Energy Off Target

Mar 13, 2023

A cap on revenue and the lack of the kind of incentives offered to oil explorers are blocking the development of renewable energy in Britain, say industry officials who are pressing for changes ahead of this week's budget.The British government has set targets for major increases in wind generation…

Peterson Den Helder Extends Contracts for Havila Shipping's PSV Duo

Mar 13, 2023

Norwegian offshore support vessel owner Havila Shipping has secured contract extensions for two platform supply vessels.Havila said Monday that Peterson Den Helder had declared the 12 months optional periods for the PSVs Havila Borg and Havila Herøy…

Malaysia's Petronas Posts Higher Q4 Profit, Sees Lower Oil Prices in 2023

Mar 13, 2023

Malaysia's state oil firm Petroliam Nasional Berhad on Monday posted a 55% jump in quarterly profit on higher energy prices and bigger sales volume, but warned of moderating prices for this year due to an expected slowdown in the global economy…

Current News

Bloomberg News Reports Shell is Looking for a Buyer for Brazilian Oilfield Cluster

Shell is in advanced discussions to buy LLOG Exploration, say sources. The deal will cost more than $3 billion.

ESG Completes Service Operation Vessel Conversion for HOS

Orbital Marine Power Secures $9.31m Investment

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