Offshore Energy News - page 391

 

Eneti Wraps Seajacks Acquisition. Exits Drybulk Business

Aug 18, 2021

Eneti, a company until recently known as Scorpio Bulkers, has completed the exit from its bulk carrier business and has also completed the acquisition of Seajacks, boosting its offshore wind ambitions.In its quarterly results release on Tuesday…

iSURVEY to Provide Survey and Positioning Services for Nexans' Offshore Ops

Aug 18, 2021

Offshore power cable manufacturer Nexans has recently awarded iSURVEY a NOK 150 million (around $16,85 million) for survey and positioning services.Majority-owned by Norwegian private equity firm, Norvestor, iSURVEY will support Nexans’ offshore high voltage cable installation projects globally…

Northern Drilling Cancels Drillship Order with DSME. Seeks $90M+ Refund

Aug 18, 2021

Billionaire John Fredriksen-owned offshore drilling company Northern Drilling said Tuesday it had canceled a drillship resale contract with the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).In May 2018, Northern Drilling…

Fugro to Conduct Surveys Over Future Offshore Wind Farm Sites in Germany

Aug 18, 2021

Dutch offshore survey services firm Fugro has won a contract to carry out geophysical investigations for Germany's Federal Maritime and Hydrographic Agency (Bundesamt für Seeschifffahrt und Hydrographie (BSH)).'The award is in line with the…

Report: Qatar's Oct-loading al-Shaheen Crude Term Price Set at 2-month Low

Aug 18, 2021

Qatar Petroleum (QP) has set the term price for al-Shaheen crude cargoes loading in October at $2.62 a barrel above Dubai quotes, the lowest premium in two months, several trade sources said on Wednesday.The price was set after QP sold three cargoes via a tender at premiums ranging from $2 to $2…

Guyana Vows to Develop Its Oil in an Environmentally Safe Manner

Aug 17, 2021

Guyana will develop its massive oil and gas discoveries with full environmental protections, a top official told a U.S. energy conference on Tuesday, pushing back against calls for energy providers to halt new exploration.The tiny South American…

Simply Blue Group Forms Team to Build Floating Wind Business in U.S.

Aug 17, 2021

Simply Blue Group, an Irish-based floating offshore wind pioneer with over 3.2 gigawatts (GW) in development in Ireland and the UK, on Tuesday unveiled its key leadership team for new operations in the U.S., targeting floating wind development opportunities there…

SNC-Lavalin Wraps Sale of Oil & Gas Business

Aug 17, 2021

Toronto-listed SNC-Lavalin has completed the closing of the sale of its Resources Oil & Gas business on August 15, following receipt of Saudi Arabian regulatory approval.SNC-Lavalin previously said that it had closed the sale of a substantial portion of its Resources Oil & Gas business on July 29…

Eco Wave Power Tech for Israeli Navy

Aug 17, 2021

Wave energy technology company Eco Wave Power has entered into a collaboration agreement with the Israeli Navy, to examine the feasibility of installing the Eco Wave Power technology in the Navy's bases.Eco Wave Power will start the procurement…

'Tens of Thousands of Jobs' - UK Releases Plan for 'Hydrogen Revolution'

Aug 17, 2021

The UK government has announced its first-ever Hydrogen Strategy, which it hopes will create 'tens of thousands of jobs, billions of pounds in investment and new export opportunities,' over the next decade and beyond and create a world-leading hydrogen economy…

GEG, Proman to Build Renewables-to-Methanol Plant at Nigg Oil Terminal

Aug 17, 2021

UK-based Global Energy Group and Swiss-based integrated energy company, Proman have partnered up to develop a renewable power to methanol plant using local sources of captured CO2 to be located at the Nigg Oil Terminal in the Highlands of Scotland…

Biden Administration Appeals Court Decision to Block Oil, Gas Leasing Pause

Aug 17, 2021

The Biden administration on Monday challenged a federal judge's decision in June to block the Interior Department's pause on oil and gas leasing on public lands and waters - a critical piece of its climate change policy - but will proceed with leasing during the appeals process…

Woodside Names Meg O’Neill CEO

Aug 17, 2021

Australian oil firm Woodside said Tuesday it had named acting CEO Meg O’Neill as the company’s Chief Executive Officer and Managing Director. O’Neill succeeds Peter Coleman who retired from Woodside in June 2021. Woodside Chairman Richard Goyder…

Magseis to Join Danish Carbon Capture and Storage Project Greensand

Aug 17, 2021

Magseis Renewables, a subsidiary of offshore OBN seismic contractor Magseis Fairfield, has entered into a memorandum of understanding to join phase 2 of the Greensand carbon capture and storage (CCS) project consortium. The project entails transporting…

BOEM Completes Environmental Review of South Fork Wind Project

Aug 17, 2021

The U.S. Bureau of Ocean Energy Management (BOEM) has completed its environmental review of the proposed South Fork Wind project offshore New York and Rhode Island.South Fork Wind - proposed by Orsted and Evercore - would be New York’s first…

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