Latest News - page 174

 

Shelf Drilling’s Jack-Up Rig Extends Stay with Chevron off West Africa

Aug 25, 2025

Offshore drilling firm Shelf Drilling has secured a contract extension for the Shelf Drilling Tenacious jack-up rig with Chevron’s subsidiary Cabinda Gulf Oil Company (CABGOC) for drilling operations offshore West Africa.The extension will begin in direct continuation of the rig’s current contract…

Australia’s Novocastrian Offshore Wind Project Stalled

Aug 24, 2025

Equinor has pulled out of the Australian Novocastrian Offshore Wind Farm project which was planned for a location about 20 kilometers offshore from off Newcastle.It was partnered with Australian company Oceanex on the A$10 billion ($6.5 billion)…

US Halts Revolution Wind Project

Aug 24, 2025

The Trump administration on Friday ordered Denmark's Orsted to stop far-advanced construction on an offshore wind project near Rhode Island, in a move that threatens to exacerbate the company's financial troubles.With construction now frozen at 80% completion…

CNOOC Completes New Refinery and Petrochemical Complex in East China

Aug 22, 2025

China National Offshore Oil Corp (CNOOC) has completed building an integrated refining and petrochemical complex in eastern China, state news agency Xinhua reported on Friday.The 21 billion yuan ($2.9 billion) project, built on the Daxie Island of eastern coastal city Ningbo…

Cadeler Inks Turbine Installation Deal for Taiwan's Offshore Wind Farm

Aug 22, 2025

Cadeler announced that it has signed a firm contract with Synera Renewable Energy (SRE) for the transportation and installation (T&I) of 35 Siemens Gamesa 14MW wind turbines at the Formosa 4 Offshore Wind Farm in Taiwan. The project will be…

ACUA Ocean Hydrogen-Powered USV Completes 24-Hour Sea Trial

Aug 22, 2025

ACUA Ocean's hydrogen-powered unmanned surface vessel (USV) PIONEER has successfully completed the world's first continuous, remote 24-hour offshore operation on zero emissions, marking a breakthrough in the decarbonization of the global maritime sector…

Woodside Wins Court Approval for Scarborough Energy Project

Aug 22, 2025

Woodside has welcomed the Australian Federal Court's decision confirming the validity of the National Offshore Petroleum Safety and Environmental Management Authority’s acceptance of the Scarborough Offshore Facility and Trunkline (Operations) Environment Plan…

Western Australia Can’t Wait [for a Decommissioning Hub]

Aug 21, 2025

The Northern Endeavour FPSO is being shipped by a Chinese heavy lift ship from Australia to Denmark for recycling.Installed between the Laminaria and Corallina oil fields in the Timor Sea and unproductive since 2019, its fate became the burden…

DOI Updates Commingling Policy

Aug 21, 2025

The US Department of the Interior is updating oil and gas commingling rules to align with the One Big Beautiful Bill Act.Commingling is the practice of combining oil or gas production from two or more sources into a single stream for measurement and processing…

Contract Extended for Vantage Drilling’s Platinum Explorer

Aug 21, 2025

UAE-based Vantage Drilling International has announced that the Conditional Letter of Award received from an undisclosed client for the ultra-deepwater drillship Platinum Explorer in April has been extended.This follows a 30-day extension from July 22 to bring the contract end date to August 29…

Watch: Aker BP Drills Omega Alfa

Aug 21, 2025

Aker BP has completed the Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area.The recoverable volume is estimated at 96–134 million barrels of oil equivalent (mmboe)…

US Opens National Security Investigation into the Import of Wind Turbines

Aug 21, 2025

The U.S. Commerce Department said on Thursday it has opened a national security investigation into the import of wind turbines and components.Earlier this week, the department said it was adding wind turbines to a list of products that will face 50% tariffs on the aluminum and steel content…

Asia to Take More US LNG ... but is it Enough to Placate Trump?

Aug 21, 2025

There are early signs that some Asian countries are stepping up their imports of U.S. liquefied natural gas (LNG) as part of trade deals with President Donald Trump.Asia's imports of the super-chilled fuel are on track to hit an eight-month high of 2…

Havila Shipping Reports Solid Q2 on Strong Fleet Utilization

Aug 21, 2025

Offshore supply vessel operator Havila Shipping ASA delivered stronger results in the second quarter of 2025, supported by high fleet utilization and stable freight revenues.Freight revenues reached NOK 165.5 million in Q2, up NOK 19.5 million…

SPE Offshore Europe 2025 set to drive transformational change for the energy sector

Aug 21, 2025

SPE Offshore Europe 2025 (OE25) will open its doors at the P&J Live from 2-5 September for what is set to be one of the most pivotal in the show’s 52-year history. With offshore energy at the centre of national and international debate, the…

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Vattenfall Installs First Monopile on Germany's Largest Offshore Wind Farm

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