Energy News

 

Storms Marco and Laura Shut 82% of Gulf of Mexico Oil Production

Aug 25, 2020

U.S. Gulf of Mexico oil companies shut around 82 percent of oil production on Monday and evacuated personnel bracing for the impact of two tropical storms Marco and Laura.From operator reports, the U.S. Bureau of Safety and Environmental Enforcement said Monday that approximately 82…

Shell Farms Into Egdon's North Sea Blocks. Seismic Survey Planned for 2021

Aug 25, 2020

Shell has completed its farm-in into Egdon Resources' North Sea licenses containing the Resolution and Endeavour gas discoveries, Egdon said Tuesday.Following the initial farm-in agreement struck in January, the UK Oil and Gas Authority has…

Guyana Relaunches Search for Company to Market Its Oil

Aug 25, 2020

Guyana has re-launched a search for a company to market the government's share of the crude produced at the offshore Liza project, operated by Exxon Mobil Corp, according to a notice published in the South American country's newspapers.President Irfaan Ali's government scrapped a previous…

Bureau Veritas Aims to Have 50% of Offshore Surveys Done Remotely by 2021 End

Aug 24, 2020

Testing, inspection, certification, and classification society Bureau Veritas aims to convert 50% of physical surveys offshore to remote surveys by the end of 2021.In this drive towards real-time remote verification for offshore assets, the…

Lundin Energy Names New Chief Operating Officer

Aug 24, 2020

Swedish oil and gas company Lundin Energy on Friday said it would appoint Daniel Fitzgerald as Chief Operating Officer (COO) of Lundin Energy, effective January 1, 2021.The appointment follows the news issued three days prior, informing that Nick Walker…

VIDEO: Suction Anchors Installed Off Israel for Energean Power FPSO

Aug 24, 2020

London-listed oil and gas company Energean has informed that suction anchors, designed to keep the Energean Power FPSO in place at the Karish field off Israel, have been installed.Energean said Monday that the installation of the suction anchor took less than three weeks to complete…

InterMoor Launches Remote Positioning System

Aug 24, 2020

InterMoor, an Acteon company, has launched a service called Remote Positioning Hub (IM-RPH) that allows survey professionals to send navigation commands to an offshore vessel, from the comfort of their onshore base. The new IM-RPH allows InterMoor to provide positioning services to its remotely…

Norway: Unions, Employers Agree Wage Deal, Averting Strike

Aug 24, 2020

Norwegian workers reached a deal with employers on Friday over wages at shipyards and a wide range of other manufacturing industries, averting the outbreak of a major labor dispute, the largest union of the private sector said.Some 28,000 workers…

OGA: Offshore Platform Electrification Vital For 2050 Net Zero Emissions Goal

Aug 24, 2020

The UK oil and gas regulator Oil and Gas Authority (OGA) last week hosted the first of a series of workshops on offshore oil and gas platform electrification aimed at reducing greenhouse gas emissions, a step dubbed vital in helping the UK reach the net-zero target by 2050…

JERA Files EIS for 520MW Offshore Wind Farm in Japan

Aug 24, 2020

Japanese company JERA has filed an environmental impact statement for the proposed 520MW offshore wind farm in the Ishikari Bay, Hokkaido, Japan.JERA, which submitted the documents to the Minister of Economy, Trade, and Industry on Monday said…

Louisiana Offshore Oil Port Shut Due to Double Storm Threat

Aug 24, 2020

The Louisiana Offshore Oil Port (LOOP), the largest privately-owned crude terminal in the United States, on Sunday shut its Marine Terminal operations due to the threat of Tropical Storms Marco and Laura in the Gulf of Mexico.Clovelly Hub deliveries remain normal…

GE, Partners Building Largest Wind Turbine Rotor Test Rig

Aug 24, 2020

GE Renewable Energy said Monday it was building the largest wind turbine rotor test rig of its kind, in Wieringerwerf, the Netherlands –  on the border of the IJsselmeer, approximately 70 kilometers north of Amsterdam.The test facility is being constructed at LM Wind Power’s WMC Technology Center…

Augean Buys Drilling Waste Management Firm EcoCentre

Aug 24, 2020

North Sea-focused provider of waste and decommissioning services Augean North Sea Services (ANSS) said Monday it had acquired the EcoCentre at Peterhead, Aberdeenshire.ANSS assists the treatment, recycling and re-use of waste material derived…

Kim Heng Shows Us How It’s Done...Again

Aug 24, 2020

Building a versatile OSV fleet is expensive, even more expensive when your timing is wrong. Buy at the top and you can quickly find yourself exposed if the market suddenly turns, those shiny new assets depreciate rapidly, and large debts, that the (new) poor market cannot service…

Turkish Seismic Vessel to Extend Stay in Disputed Waters in Mediterranean

Aug 24, 2020

Turkey said on Sunday that its Oruc Reis exploration vessel will now carry out seismic surveys in a disputed part of the eastern Mediterranean until Aug. 27, in a move likely to stoke tensions in the region.Turkey and Greece, NATO allies, vehemently…

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