Energy News

 

Floatel Secures Contract Extension for Accommodation Rig in Norway

Nov 28, 2022

Floatel International has secured a contract extension with Norway's energy industry giant Equinor for its Floatel Superior offshore accommodation rig.The Floatel Superior will provide services at the Grane field as part of Equinor's Breidablikk…

Reach Subsea to Add Two ROV Support Vessels to Its Fleet

Nov 24, 2022

Norwegian subsea services company Reach Subsea said Thursday it had struck a deal to expand its operating fleet with two ROV support vessels.The company said it had secured 'significant vessel capacity for the coming four years' through a deal…

Europa Gives Up Block Offshore Morocco after Quest to Find Drilling Partner Fails

Nov 24, 2022

Europa Oil & Gas has decided to give up its Inezgane license offshore Morocco after failing to secure a farm-in partner to drill an exploration well in the block.The Moroccan authorities had, in October 2020, given the company more time to complete the technical work program at the license…

Icon Offshore Sells Perisai Pacific 101 Jack-up Rig at Significant Profit

Nov 24, 2022

Malaysian offshore services provider Icon Offshore has completed the sale of its Perisai Pacific 101 jackup drilling rig to ADES.The 2014-built rig was sold to ADES for $85 million in cash and the disposal of the rig was completed on November 22…

Wales’ Marine Test Center Expands Its Capabilities

Nov 24, 2022

Wales’ national marine test center, META, said Thursday it has upgraded its Marine License, so it can now accommodate more tidal turbines and larger mooring spreads, after successfully upgrading its Marine License. As the project moves into a new tranche of funding from the Swansea Bay City Deal…

U.S. Could Give Green Light to Chevron to Boost Venezuela's Oil Output

Nov 24, 2022

Chevron Corp could win U.S. approval to vastly expand operations in Venezuela as soon as Saturday once the Venezuelan government and its opposition resume political talks, three people familiar with the matter said on Wednesday. A U.S. authorization…

ADNOC Drilling Takes Over First of Three Jack-up Rigs Originally Ordered by Borr Drilling

Nov 24, 2022

Singapore's Keppel Offshore & Marine has delivered the first of three newbuild jack-up drilling rigs to UAE-based ADNOC Drilling.The three rigs were part of a series of five rigs that Keppel FELS had been building for Borr Drilling. Keppel O&M…

PGS Bags Mediterranean 3D Survey Deal

Nov 24, 2022

The Norwegian offshore seismic survey company PGS said Thursday it had secured a 3D exploration acquisition contract in the Mediterranean with an unnamed independent energy company. The company's 104.2-meter-long and 70-meter-wide Ramform Hyperion vessel will start the survey in late November…

CGG to Keep Running Seismic Center for Shell in Brunei

Nov 24, 2022

Brunei Shell Petroleum Company Sdn Bhd (BSP) has awarded CGG a multi-year contract extension to continue running a dedicated seismic imaging center at its head office in Seria, Brunei. In the past six years, CGG has delivered land, marine, transition zone…

Schottel to Propel Four China-built Wind Turbine Installation Vessels

Nov 24, 2022

Schottel azimuth thrusters will propel four newly built wind turbine installation vessels (WTIVs) for Ouyang Offshore in Shanghai.The first vessel will be delivered in the fourth quarter of 2022, and these vessels will be able to install giant 16 MW wind turbines…

Karoon Energy Says 2nd Patola Production Well a Success. First Oil in Q1 2023

Nov 23, 2022

Australian oil and gas company Karoon Energy has drilled the second of two new production wells at its Patola field offshore Brazil, and the company says the reservoir quality is better than predicted.The company said that the well - PAT-2-  has been successfully drilled to a total depth of 2…

France's First Commercial Offshore Wind Farm Fully Operational

Nov 23, 2022

France's first commercial-scale offshore wind farm started operating on Wednesday, adding 480 megawatts of capacity to the grid at a time when Europe is scrambling to secure energy supplies following Russia's invasion of Ukraine. The Saint-Nazaire wind farm…

Fugro Nets Two Offshore Wind Geotechnical Survey Contracts in The Netherlands

Nov 23, 2022

Dutch offshore survey firm Fugro has won two geotechnical survey contracts for the development of the Dutch IJmuiden Ver Site V-VI, Nederwiek (zuid) Site I and Hollandse Kust (west) Site VIII offshore wind zones.This is the Netherlands Enterprise…

Talos Extends Helix Producer I Floater Charter in Gulf of Mexico

Nov 23, 2022

Oil and gas company Talos Energy has extended the contract for the Helix Producer I floating production vessel in the U.S. Gulf of Mexico. According to Helix Energy Solutions Group, the vessel owner, the contract has been extended for one year the term…

Britain's Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns

Nov 22, 2022

North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the ageing basin and could cut output just as Britain seeks to boost domestic production…

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Aphrodite Gas Field off Cyprus

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