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Triumph Subsea Terminates Offshore Wind Vessel Deal with Infrastrata

Jul 02, 2021

Triumph Subsea Services said Thursday it had formally canceled the Letter of Intent that was issued to Infrastrata in December 2020, for the construction of an offshore wind development vessel and said it didn't want to build any vessels with InfraStrata and or any of its shipyards…

Tailwind Energy Sells Conwy Field to Eni

Jul 02, 2021

Oil and gas company Tailwind Energy said Thursday it had completed the sale of its Conwy field, offshore the UK, to the Italian oil giant Eni.The firm said it had wrapped up the full divestment of its interests in the Conwy field, including…

Aker Solutions' Subsea Tech Picked for Chevron's Australian Project

Jul 02, 2021

Norwegian oilfield equipment and technology provider Aker Solutions has said its subsea compression tech has been selected for Chevron's Jansz-Io Compression Project, offshore Western Australia.'Aker Solutions remains in ongoing discussions with Chevron to finalize the contract…

Equinor Gets Consent to Start Up Troll Phase 3

Jul 02, 2021

Norwegian oil firm Equinor and its partners have secured regulatory consent to start up facilities and modifications associated with the Troll Phase 3 project in the North Sea offshore Norway.The project is a further development of the Troll field and will produce the gas from Troll Vest…

Major Offshore Wind Developer Says U.S. Must Speed Up Permitting Process

Jul 02, 2021

The United States must speed up project permits if it is to meet the Biden administration's 2030 target for offshore wind power, major developer Orsted said on Thursday.The United States, with just two small offshore wind facilities, has lagged…

U.S. Gov't to Review Dominion's Giant Offshore Wind Project in Virginia

Jul 02, 2021

The U.S. government will conduct an environmental review of a potential wind power project off the coast of Virginia, the Biden administration said on Thursday, part of an effort to create tens of thousands of jobs in the business by 2030.Dominion…

Chevron Sanctions $4B Jansz-Io Compression Project Offshore Australia

Jul 02, 2021

Oil and gas major Chevron as the operator of the Gorgon gas project has, with its partners, agreed to proceed with the Jansz-Io Compression (J-IC) project, offshore W. Australia. The investment is estimated at around $4 billion (AU$6 billion)…

M.A.R.S to Recycle Veslefrikk B platform

Jul 01, 2021

Modern American Recycling Services Europe (M.A.R.S) said Thursday it had secured the contract for deconstruction and recycling of Equinor's Veslefrikk B platform in the North Sea, offshore Norway.The Veslefrikk B platform is a semi-submersible production platform…

Nigeria: Parliament to vote on Oil and Gas Overhaul Bill Designed to Attract Investments

Jul 01, 2021

A long-awaited bill to overhaul nearly every aspect of oil and gas production in Nigeria has been presented in both chambers of parliament, which could vote on the package as early as today, members of parliament told Reuters.Legislators have…

ADNOC Adds Goldman Sachs to Lead Drilling Unit IPO

Jul 01, 2021

Abu Dhabi National Oil Company (ADNOC) has added Goldman Sachs to a lead role on the initial public offering of its drilling unit, sources said, in the bank's first such high-profile deal in the emirate since 2019.Goldman Sachs' investment banking…

Equinor's Martin Linge Field Brought Online after Years of Delays

Jul 01, 2021

After years of delays, and hefty cost overruns Equinor's Martin Linge oil and gas field in the North Sea off Norway, has come on on stream.The field, which was originally expected to start producing in 2016, finally started production on Wednesday at 21…

Exxon Lobbyist Duped by Greenpeace Says Climate Policy was a Ploy

Jul 01, 2021

A lobbyist for Exxon Mobil Corp said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be adopted, according to an interview aired on Wednesday.Britain's Channel 4…

Delfin Asks for Another Year to Build Louisiana Floating LNG Project

Jul 01, 2021

U.S. liquefied natural gas (LNG) developer Delfin LNG asked federal energy regulators for a third extension until September 2022 to bring into service the onshore facilities of its proposed floating LNG export plant off the coast of Louisiana…

Esvagt's New SOV Set to Start Work on Moray East Offshore Wind Farm

Jul 01, 2021

Danish shipowner Esvagt said Thursday its newbuilt offshore wind service vessel Esvagt Alba was set to start its contract in the UK with wind turbine maker Vestas.The Esvagt Alba service operations vessel, delivered last week by Havyard, will…

OPEC+ Meets to Decide on Oil Output Policy

Jul 01, 2021

The OPEC+ group of oil producers meets on Thursday to decide on a further easing of output cuts next month and could also consider extending its overall supply pact beyond April 2022, sources within the group told Reuters.The group comprising…

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