Offshore Energy News - page 445

 

Cooper Energy Charters Helix's Q7000 Rig for P&A in Australia

Apr 19, 2021

Australian oil and gas company Cooper Energy has hired Helix Energy Solutions' Q7000 light well intervention offshore rig, to support decommissioning work at the company's Basker, Manta and Gummy (BMG) fields in the Gippsland Basin, off Australia…

Petrobras Confirms Luna as New CEO, Names New Division Heads

Apr 19, 2021

The board of Petrobras has elected four career executives to head up key company divisions rather than bringing in more outsiders, Brazil's state-controlled oil company said on Friday, confirming news previously reported by Reuters.The board of directors of Petroleo Brasileiro SA…

Chevron Taps Worley for Ballymore Tie-Back Work in Gulf of Mexico

Apr 19, 2021

The U.S.-based oil giant Chevron has awarded Worley an engineering and procurement services contract for brownfield modification services for one of its deepwater production facilities located in the Gulf of Mexico.Worley, based in Australia…

US Interior Dept Revokes Trump Energy Policies, Focuses on Climate

Apr 16, 2021

The U.S. Interior Department on Friday sought to erase the Trump administration's pro-fossil fuels legacy from the nation's public lands by revoking a suite of policies that boosted drilling and mining and ordering that climate change be put at the forefront in future agency decisions…

GPS' "Chemical Mist" Cuts Methane Emissions

Apr 16, 2021

Texas-based oilfield services and technology company GPS International has informed that it has completed Phase 2 field testing of its patent-pending method to cut methane from natural gas, accomplishing 'a vast visible discharged reduction in Methane (CH₄) exhaust emissions…

Petrobras, Partners Decide on Partial "Devolution" of Libra Offshore Area

Apr 16, 2021

Brazilian oil company Petrobras, as a leader of the Libra consortium operating the Libra offshore area in Brazil, on Friday said the consortium had informed the national regulator of the 'devolution' of the part of the block.Petrobras, on behalf of partners Shell…

Clean Crude? Oil Companies use Offsets to Claim Green Barrels

Apr 16, 2021

In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.While the two-million-barrel cargo to India was destined to produce more…

Shell Joins Group Working to Tackle Challenge of Offshore Methane Emissions Monitoring

Apr 16, 2021

Oil and gas giant Shell has joined a multi-operator group driving innovation to tackle the challenge of offshore methane emissions monitoring.Leading this innovation is unmanned aviation business Flylogix, who alongside US gas sensor technology experts SeekOps and supported by OGTC…

Japan: Mitsui, Hokutaku Form Offshore Wind Turbine Maintenance JV

Apr 16, 2021

Japanese conglomerate Mitsui and the country's largest wind turbine maintenance company Hokutaku, have this week formed Horizon Ocean Management, Ltd. ('HOM') for the purpose of providing inspection and maintenance services for offshore wind turbines…

Land-starved Singapore Turns to Floating Solar

Apr 16, 2021

BANGKOK (Thomson Reuters Foundation) - Singapore is betting on floating solar farms and vertical panels to increase its clean-energy supplies and cut carbon emissions, a model that could work in other densely populated cities, urban experts said…

North America Oil Bankruptcies Hit Highest Q1 Level Since 2016

Apr 16, 2021

Bankruptcies by North American oil producers rose to the highest first-quarter level since 2016, according to a report released on Thursday by law firm Haynes and Boone, as some energy firms struggled to recover from the 2020 crash in oil prices…

Japan to Double Inter-regional Power Grid to Boost Offshore Wind

Apr 16, 2021

Japan aims to double its inter-regional power grid capacity by adding up to 23 gigawatts to help speed expansion of renewable energy such as offshore wind farms, the Nikkei business daily said on its online news site late on Thursday.The move…

Harland & Wolff to Build NnG Offshore Wind Farm Jackets in Methil, Creating 290 Jobs

Apr 16, 2021

InfraStrata's Harland & Wolff has won a contract with Saipem to build and load out eight wind turbine generator (WTG) jacket foundations for the EDF Renewables and ESB Energy-owned Neart na Gaoithe offshore wind farm project, located in the outer Firth of Forth in Scotland…

Aggressive Push to Meet Paris Goals, Could See Oil Prices Slide to $10 by 2050

Apr 16, 2021

Global oil prices could drop to around $40 a barrel by 2030 if governments push to reduce fuel consumption in step with U.N.-backed plans to limit global warming, a leading energy consultancy said on Thursday.In a report outlining a scenario…

"Coal has to go," CEO of Poland's PGE Says

Apr 16, 2021

Coal has obviously to be scrapped as a power source, the CEO of the Polish group which owns the EU’s biggest carbon-emitting power plant said on Thursday, underscoring a policy shift in a country until recently wedded to coal to generate electricity…

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Offshore Wind: Building the UK

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