Offshore Energy News - page 347

 

Bahrain's Oil and Gas Authority to Transition to 'Energy Company'

Nov 16, 2021

Bahrain's National Oil and Gas Authority (NOGA) will transition into an energy company that will look at energy resources outside of fossil fuels, an official said on Tuesday.Bahrain's king issued a royal decree in September abolishing the National Oil and Gas Authority (NOGA)…

Bernhard Schulte Enters Saudi Offshore Market Through Rawabi Vallianz JV

Nov 16, 2021

Bernhard Schulte Shipmanagement (BSM) and Rawabi Vallianz Offshore Services (RVOS) on Tuesday announced a joint venture to offer third-party ship management services to the offshore sector in Saudi Arabia.The deal was announced during the  ADIPEC Exhibition in Abu Dhabi…

Woodside CFO to Step Down in 2022

Nov 16, 2021

Australian oil and gas company Woodside on Tuesday announced the resignation of its Chief Financial Officer, Sherry Duhe, to pursue a careeropportunity with another ASX-listed company.Woodside CEO Meg O’Neill said: 'Sherry’s financial and commercial…

Shell Shake-up Leaves Dutch Royally Hacked Off

Nov 15, 2021

Royal Dutch Shell's decision to move its corporate headquarters and tax base to London may win over shareholders but it has struck a blow to Dutch prestige.As the energy giant crosses the North Sea, it will shed 'Royal Dutch' from its name,…

Worley, Hexicon in Floating Wind Project Off Norway

Nov 15, 2021

Swedish developer of twin offshore wind turbine technology Hexicon has partnered with Australia-based engineering giant Worley for FEED, Engineering Procurement Fabrication (EPF), and installation management of Hexicon's technology demonstrator project TwinWay…

RWE to Invest $57B Through 2030 to Double Green Energy Capacity

Nov 15, 2021

RWE plans to invest 50 billion euros ($57 billion) through 2030 to double its green energy capacity to 50 gigawatts (GW), as Germany's largest power producer outlined its plan to become a global renewables heavyweight.However, Markus Krebber…

Shell Ditches the Dutch, Seeks Move to London in Overhaul

Nov 15, 2021

Royal Dutch Shell said on Monday it would scrap its dual share structure and move its head office to Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas.The company…

Amplify Energy Pulls Full-year Outlook after California Offshore Oil Spill

Nov 15, 2021

Amplify Energy Corp withdrew its full-year forecast on Monday, saying that a large oil spill from one of its subsea pipelines in southern California last month forced it to shut its operations in the region.In mid-October, the U.S. Coast Guard said about 588 barrels (25…

ADIPEC: TWMA's Solution Cuts Drilling Operations Emissions by 50%

Nov 15, 2021

UK-based drilling waste management company, TWMA, said Monday it would highlight how its wellsite processing solution has been proven to reduce the carbon emissions of drilling operations by 50% at this year’s ADIPEC, where it is exhibiting…

Malaysian FPSO Firm Yinson Signs $5.2B LoIs with Petrobras for IPB FPSO Charter and Operations

Nov 15, 2021

Malaysian FPSO supplier Yinson has signed two letters of intent with Brazilian oil company Petrobras for the charter, operations, and maintenance of Integrado Parque das Baleias (“IPB FPSO”), a floating, production, storage, and offloading vessel in the North Campos Basin…

Woodside Moves Closer to Scarborough Field FID. Strikes Deal to Sell 49% in Pluto LNG Plant

Nov 15, 2021

Australia's Woodside Petroleum on Monday took a big step toward funding its biggest growth project, announcing the sale of a 49% stake in the planned expansion of its Pluto liquefied natural gas (LNG) plant in Western Australia.In a statement…

Five-year Contract: EnerMech to Support TAQA’s UKCS Platforms

Nov 15, 2021

Aberdeen-based EnerMech has won a five-year contract to deliver tensioning, torquing, and associated services across all of TAQA’s North Sea platforms. Under the new contract, EnerMech will deliver these services on the Cormorant Alpha, North Cormorant…

Eni: Coral Sul FLNG Complete and Ready to Sail Away to Mozambique

Nov 15, 2021

Italian energy industry giant Eni said Monday it had held the naming and sail away ceremony for the Coral-Sul FLNG unit, the first floating LNG facility ever to be deployed in the deep waters of the African continent. The event took place at Samsung Heavy Industries shipyard in Geoje…

Saipem Nets $600M+ Worth of Offshore Installation Deals in Australia, Turkey

Nov 15, 2021

Saipem, an Italian energy industry construction and installation services provider, has secured two new offshore contracts in Australia and Turkey totaling more than $600 million for transportation and installation activities.In Australia, Chevron…

Ocean Infinity Buys 10 New eWROVs In Saab Seaeye's Largest Ever ROV Order

Nov 15, 2021

Saab Seaeaye, a company building underwater remotely operated vehicles, has agreed to sell 10 of its newly launched electric work remotely operated vehicles (eWROV), including further options, to marine robotics company, Ocean Infinity.'The…

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