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Indonesia's 2022 Oil, Gas Lifting Below Target, but Investment Rising

Jan 18, 2023

Indonesia's oil and gas lifting last year came in below target due to unplanned shutdowns and maturing blocks, but exploration and production investment is poised to take off, the country's upstream regulator SKK Migas said on Wednesday.Indonesia's crude oil lifting stood at 612…

CHC to Sell Offshore Helicopter Services UK to S. Africa-based Ultimate Aviation

Jan 18, 2023

Offshore transport firm CHC Helicopter Group (CHC), has agreed to sell Offshore Helicopter Services UK (OHS UK) to Ultimate Aviation Group, a South African headquartered international aviation business for an undisclosed fee.CHC is selling OHS…

Equinor Makes Norway's First Offshore Discovery of 2023

Jan 18, 2023

The Norwegian oil and gas company Equinor Energi AS, operator of the production license 1128 offshore Norway, has concluded the drilling of wildcat well 6605/1-2 S and appraisal well 6605/1-2 A and made a gas discovery, the Norwegian Petroleum Directorate said Wednesday…

Prelude Loads First Tanker Since Output Suspension

Jan 17, 2023

The first liquefied natural gas (LNG) tanker to berth at Shell's Prelude floating LNG site off Western Australia since it was shut down after a fire has begun loading, Refinitiv data shows.The Methane Becki Anne vessel berthed at the Prelude plant on Jan…

China Faces Wind Turbine and Foundation Installation Vessel Shortage

Jan 17, 2023

Over the last few weeks, we have seen three announcements by Chinese OEMs of 18-megawatt (MW) turbines. CSSC Haizhuang announced the H260-18MW turbine with a 260-meter rotor diameter. Mingyang Smart Energy has announced its new MySE 18X-28X turbine…

NTSB Releases Preliminary Report on Offshore Platform Helicopter Crash

Jan 17, 2023

The U.S. National Transportation Safety Board has released a preliminary report on the December 29, 2022, fatal helicopter crash near a Gulf of Mexico oil platform. One pilot and three passengers died in the incident.'On December 29, 2022, about 0834 central standard time…

Archer Could Buy Baker Hughes' Coil Tubing and Pumping Business in the UK

Jan 17, 2023

Archer Limited has signed a term sheet with Baker Hughes to potentially acquire Baker Hughes’ coil tubing and pumping  (“CT&P”) business in the United Kingdom. 'The CT&P business fits well within Archer’s overall strategy to grow our drilling…

Crowley, ESVAGT to Build Service Operation Vessel for U.S. Offshore Wind Ops

Jan 17, 2023

U.S. maritime services company Crowley and Danish offshore service company ESVAGT will jointly build and operate a service operations vessel (SOV) under a long-term charter with Siemens Gamesa Renewable Energy. The vessel will serve in the U…

Big Oil's Good Times Set to Roll on After Record 2022 Profits

Jan 17, 2023

The West's top energy firms are expected to rake in a combined record profit of $200 billion from a turbulent 2022 marked by huge volatility in oil and gas prices after Russia's invasion of Ukraine with buoyant earnings likely to roll through 2023…

Mainprize Offshore Equips Fleet with Reygar's Vessel Monitoring System

Jan 17, 2023

Mainprize Offshore, an offshore services company, is installing Reygar's BareFLEET vessel monitoring system on seven of its semi-SWATH crew transfer vessels (CTVs) to make its growing fleet more efficient and improve its operational performance…

Kraken Update Progress on Subsea Laser Scanner Service Activities

Jan 17, 2023

Kraken Robotics' SeaVision 3D underwater laser scanning technology is primarily used in assisting the offshore energy sector to acquire quality subsea asset integrity information. Specific examples include providing measurements to help clients…

Crogga Gas Field Appraisal Well Could Bring Energy Independence to Isle of Man

Jan 17, 2023

Three60 Energy said Tuesday it had won a contract with Crogga Limited to drill an appraisal well in the Crogga gas field offshore the Isle of Man. If the well proves successful, it has the potential to provide energy independence to the Isle of Man by 2026…

Houlder, Blue Sea Power Developing Floating LNG-to-power Barges for Greek Islands

Jan 17, 2023

Houlder, the design and engineering consultancy, is collaborating with Blue Sea Power, an integrated energy solution provider as a gas-to-power company based in Athens, to develop three innovative floating LNG-to-power barges (FSRPs).According to the partners…

Chartwell Marine Gets Grant to Develop Methanol-Fuelled Vessel Design

Jan 17, 2023

Vessel designer Chartwell Marine has won of a £320,000 Innovate UK Smart Grant which will enable Chartwell and consortium partners — Boat Electric & Electronics and Engineered Marine Systems — to develop and test the feasibility of 'a market-first' methanol-fuelled vessel design…

Eni's Plentitude, Simply Blue Group to Build Floating Offshore Wind Farms in Italy

Jan 17, 2023

Plenitude, a division of Eni, and Simply Blue Group, an Irish developer of offshore renewable energy, have signed a deal to work together on a pipeline of new floating offshore wind projects in Italy. 'Through this collaboration, the parties…

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