Energy News

 

NOIA Says Ready to Work with New Interior Secretary to Advance Offshore Energy Sector

Mar 16, 2021

Following Monday's confirmation of the U.S. Representative Deb Haaland as Secretary of the Interior, the U.S. National Ocean Industries Association (NOIA), representing interests of the country's offshore energy industry, said it was ready to…

Offshore Wind Delays: Scotland Could Lose Billions, Scottish Renewables Warns

Mar 16, 2021

Continued disruption to Scotland’s offshore wind sector risks the loss of billions of pounds of long-term investment and the country's 'vital 2045 climate change target,' Scottish Renewables, a body representing interests of the Scottish renewable energy industry has warned…

Climate Change: $131 Trillion Clean Energy Investments Needed to Avert Catastrophe, Report Says

Mar 16, 2021

Planned investment in clean energy must increase by 30% to a total of $131 trillion by 2050 to avert catastrophic climate change, with the need to massively scale up hydrogen production particularly acute, according to a study published on Tuesday…

OGUK: UK's Energy Transition Under Threat And Impossible Without Oil & Gas Industry Inclusion

Mar 16, 2021

OGUK, an industry body representing interests of the UK offshore oil and gas industry said Monday that the country's energy transition could be under threat unless the government can provide vital support for the sector grappling with the after-effects of the pandemic…

Myanmar Coup: Right Groups Call on Oil Firm Total to Suspend Payments on Operations

Mar 16, 2021

Total faced calls from rights groups on Tuesday to suspend payments on operations in Myanmar following a coup, after the oil group said it was worried about the situation while also highlighting the importance of its business there.The French company…

Wintershall Noordzee Hires Swift 10 Rig for North Sea P&A Campaign

Mar 16, 2021

Swift Drilling has recently secured a long-term contract by Wintershall Noordzee, for the use of the jack-up rig Swift 10 for a plug and abandonment campaign in the Dutch and German sections of the North Sea.The contract is expected to start this summer with a potential duration of 3 to 4 years…

GE to Hire 300 Workers at Wind Turbine Blade Manufacturing Site in France

Mar 16, 2021

GE Renewable Energy plans to recruit 300 employees at its LM Wind Power wind turbine blade manufacturing site in Cherbourg, France, in 2021. 'Every new hire will go through an intensive training program at the factory's ‘Center of Excellence' to learn wind turbine blade manufacturing processes…

Activist Investor Seeks to Remove Ex-CEOs of IBM, Petronas, Caterpillar, MetLife from ExxonMobil Board

Mar 16, 2021

The activist investor leading a proxy fight to reshape Exxon Mobil Corp on Monday named the four directors it wants shareholders to remove at the oil company's upcoming annual general meeting.The investor, Engine No. 1, is a small fund that last year took on the top U…

Tidewater Names CFO, COO

Mar 16, 2021

U.S. offshore support vessel company Tidewater has announced the promotion of two key members of the company’s executive team, Sam R. Rubio and David E. Darling, to the positions of Chief Financial Officer and Chief Operating Officer, respectively…

Vår Energi Gets Nod to Use Marulk Field Subsea Infrastructure Until 2030 End

Mar 15, 2021

Norwegian oil and gas company Vår Energi has received regulatory approval to use the subsea facilities on the Marulk field in the Norwegian Sea beyond their original operating life.Vår Energi had consent for the operation of the Marulk field until December 31…

Bechtel, Hexicon in UK Floating Wind Team-up

Mar 15, 2021

Engineering and construction firm Bechtel is partnering with windfarm developer Hexicon to demonstrate innovative twin-turbine floating offshore wind technology for large-scale floating power generation projects off the coast of the U.K. 'The…

ADNOC Suspends Petrofac from Competing for New Contracts over Bribery Case

Mar 15, 2021

Abu Dhabi-based oil and gas giant ADNOC has suspended oilfield services firm Petrofac from competing for new ADNOC contracts 'until further notice,' over a bribery case related to contracts awarded in 2013 and 2014.'Petrofac Ltd announces it…

Van Oord's Offshore Vessel to Cut Emissions, Fuel Consumption with FUELSAVE Tech

Mar 15, 2021

Dutch marine contractor and offshore installation services company Van Oord will install a combustion conditioning system with hydrogen and methanol on its subsea rock installation vessel Bravenes, in a push to cut emissions from its fleet.The system…

Five Golden Rules for Virus Protection Offshore

Mar 15, 2021

In the last year, the Covid-19 pandemic has increased the risks of working in what was already one of the most hostile environments on Earth. But, with the first anniversary of the outbreak not long in our collective rear-view mirrors, offshore…

Noreco Names New Chief Operating Officer

Mar 15, 2021

Oil and gas company Noreco has appointed John Hulme as Chief Operating Officer (COO), effective Monday.'Mr Hulme brings 30 years of global experience in the oil and gas industry. He was most recently Country Manager for Sapura Energy E&P business in Malaysia…

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