An oil rig supervisor who earned more than $200,000 a year working for Houston-based Helix Energy Solutions Group Inc is entitled to overtime pay, the U.S. Supreme Court ruled on Wednesday in a decision with costly implications for the oil and gas industry.The court in a 6-3 decision authored by liberal Justice Elena Kagan decided that because the rig supervisor, Michael Hewitt, was paid a daily rate of $963 and not a salary…
Norwegian offshore energy industry services firm Ross Offshore has agreed to charter Teige Gruppen's Sunny Lady fishing vessel for future offshore activities.The initial agreement is for the charter for the summer of 2023, but the parties envision long-term cooperation…
Five companies have applied for an area in the Norwegian section of the North Sea for potential storage of CO2, The Norwegian Ministry of Petroleum and Energy said Monday.According to the plan, acreage will be awarded in the first half of this year…
Engineering firm Moreld Apply said it has been awarded an engineering, procurement, construction and installation (EPCI) contract by Aker BP for the Edvard Grieg topside modification, part of the Utsira High tie-backs project.The purpose of…
The Jones Act is a single sentence long, and yet somehow that reservation of U.S. domestic maritime commerce to qualified U.S.-flag vessels has spawned numerous complications with respect to offshore wind energy projects. Although not supported by prior experience…
India's Oil and Natural Gas Corp has applied to the new Russian operator of the Sakhalin-1 to retain its stake in the oil and gas project in the Far East, a person familiar with the development said. Russia has established a new entity, managed by a Rosneft subsidiary…
The Norwegian Ministry of Petroleum and Energy said Tuesday it had received applications from 26 oil and gas companies in connection with APA (Awards in predefined areas) annual offshore acreage licensing rounds.Shell, Equinor, Inpex, TotalEnergies…
Three companies have applied for future storage of CO2 on the Norwegian continental shelf, the Norwegian Ministry of Petroleum and Energy said Thursday.Norway in April announced a new area for CO2 storage in the North Sea, citing growing interest from the industry…
Equinor, on behalf of its partners, last Friday exercised options valued at around NOK 11,5 billion ($1,28 billion) for framework agreements for maintenance and modification services for all onshore and offshore installations.'The cooperation with Aibel AS…
Maritime classification society American Bureau of Shipping (ABS) and Nakilat - Keppel Offshore & Marine Ltd. (N-KOM) have teamed up to examine how techniques developed by ABS for its program of remote survey of vessels in service can be applied to surveys and inspections in the shipyard…
Norwegian oil and gas company Equinor has filed an impact assessment for the development and operation of the Wisting oil field in the Barents Sea. The plan for development and operation (PDO) is planned to be completed at the end of 2022.The…
Oil and gas company TotalEnergies EP Denmark has awarded Havila Shipping a contract for the platform supply vessel Havila Fanø.The contract is for a firm period of 14 months, with further optional periods. 'The contract is in direct continuation of the existing contract starting today…
Swedish firm OX2 has applied for a permit under the Act on Sweden's Exclusive Economic Zone to build an offshore wind farm off the coasts of Falkenberg and Varberg in the Swedish economic zone.The wind farm is called Galatea-Galene and is divided into two sub-areas…
Brazilian Economy Minister Paulo Guedes said on Wednesday that state-run oil company Petrobras should be privatized before it becomes irrelevant and oil loses value, suggesting the government could use the sale proceeds to reduce poverty.Citing…
Norwegian oil and gas firm Equinor has awarded Aker Solutions a front-end engineering and design (FEED) contract for an FPSO to be deployed at the Wisting oil field in the Barents Sea, offshore Norway.According to Equinor, valued at around NOK 350 million…
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