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Denmark Invites Nord Stream Operator to Help Salvage Unidentified Object Near Baltic Sea Pipeline

Mar 24, 2023

Denmark on Thursday invited the Russian-controlled operator of the Nord Stream 2 pipeline to help salvage an unidentified object found close to the only remaining intact gas pipeline under the Baltic Sea. Three explosions last September on the…

Sea Lion Offshore Project in Falkland Islands Could Finally Reach FID in 2024

Mar 24, 2023

A final investment decision for the long-stalled Sea Lion development offshore the Falkland Islands could be reached in 2024, Rockhopper, a partner in the project, said Friday, after Navitas Petroleum, the project operator, presented it with an updated development plan…

Crown Estate Scotland Selects 13 Offshore Wind Projects to Decarbonize Oil Platforms

Mar 24, 2023

Crown Estate Scotland has announced the results of the world’s first leasing round designed to enable offshore wind energy to supply offshore oil and gas platforms directly.  Thirteen projects have been offered exclusivity agreements.INTOG (Innovation…

ADNOC Eyes June Listing of Marine & Logistics Unit

Mar 24, 2023

State oil giant Abu Dhabi National Oil Co (ADNOC) plans to float its marine and logistics subsidiary in the coming months, two sources said, the second initial public offering of one of its businesses this year.ADNOC, which raised $2.5 billion from listing its gas business in March…

Partners Apply for Environmental Permit for Offshore Drilling in South Africa

Mar 24, 2023

Oil and gas company Eco Atlantic said this week it was, with its partners Africa Oil and Ricocure, applying for Environmental Authorisation to undertake exploration activities in Block 3B/4B in the Orange Basin off the Northern Cape/South-West Coast of South Africa…

Colombia's Ecopetrol Must Grow Oil, Gas Output to Fund Transition, Chairman Says

Mar 24, 2023

Colombia's Ecopetrol must focus on growing its oil and gas production to fund the transition towards renewables, said Saul Kattan, the chairman of the majority state-run energy company.Colombia could be a world leader in the production of renewables like wind and green hydrogen…

Angulata Brent: Equinor Drills Dry Well Offshore Norway

Mar 24, 2023

Norwegian oil and gas company Equinor Energy has drilled a dry well in the North Sea, offshore Norway, the Norwegian Petroleum Directorate has informed.The wildcat well 34/6-6 S - prospect name Angulata Brent - was drilled about 10 kilometres north of the Visund field…

Capricorn Energy to Cut Jobs in UK

Mar 24, 2023

Oil and gas producer Capricorn Energy CNE.L said on Thursday it would cut three fourths of its UK staff to keep less than 40 employees there as the oil and gas producer focuses on its Egypt operations. Capricorn told Reuters that the consultation…

OX2's Baltic Sea Offshore Energy Hub to Produce Both Electricity and Hydrogen

Mar 24, 2023

Sweden-based OX2 has started the development of the offshore energy hub Neptunus in the southern Baltic Sea, offshore Sweden.According to OX2, the energy hub is estimated to have a total installed capacity of 1.9 GW and will produce both electricity and hydrogen…

Pemex, Talos File Development Plan for Major Oil Project Offshore Mexico

Mar 24, 2023

Mexico's state-owned Pemex and a consortium led by U.S.-based Talos Energy submitted a development plan for a major offshore oil field to regulators on Thursday, in the latest step in a years-long saga over the potentially lucrative discovery…

Port of Aberdeen Banks on Offshore Wind for Future Growth

Mar 23, 2023

Port of Aberdeen has welcomed more than 100 vessels working on offshore wind projects to the port so far this year, including the latest arrival of the Blue Tern jack-up installation vessel.Owned by Fred. Olsen Windcarrier, the Blue Tern jack-up is a 151-meter-long…

Frontline's Fredriksen Appointed to Euronav Supervisory Board

Mar 23, 2023

Belgian oil tanker and storage operator Euronav said on Thursday its shareholders had elected John Fredriksen from Frontline, a major investor that pulled out of a merger deal with Euronav this year, to its supervisory board. Euronav said shareholders…

Funding Secured for Further Development of Floating Offshore Wind Substation

Mar 23, 2023

Semco Maritime, ISC Consulting Engineers, Aalborg University, Energy Cluster Denmark and Norway, and Sweden-based Inocean have obtained funding to forward the development of a floating offshore substation (FOSS) concept.The parties announced…

Greensea Demonstrates Untethered ROV Operation at Sea

Mar 23, 2023

Greensea Systems, a marine robotic software solutions provider, recently demonstrated untethered autonomy for ROVs.Using a commercially available Defender ROV from VideoRay, outfitted with batteries, an acoustic modem, and the new OPENSEA Edge system…

RWE's Kaskasi Offshore Wind Farm Starts Regular Operation

Mar 23, 2023

German offshore wind developer RWE said Thursday that its offshore wind farm Kaskasi, located around 35 kilometers north of the island of Heligoland, Germany, had officially started regular operation.With an installed capacity of 342 megawatts (MW)…

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