Industry News

 

Piper Alpha, is It an ‘If’ or a ‘When’ It Happens Again?

Jul 08, 2021

In this article Head of HSES at the specialist engineering and technical consultancy, Vysus Group, Steve Harris reflects on one of the most tragic industrial incidents that the world has ever seen which unfolded on the evening of 6th July 1988…

UN Expert Calls for Sanctions on Myanmar's Oil and Gas Sector to Cripple the Junta

Jul 08, 2021

A United Nations human rights investigator called on countries on Wednesday to impose economic sanctions on Myanmar's oil and gas sector to cripple the junta that took power five months ago.Myanmar has been in crisis since the military ousted Aung San Suu Kyi's elected government on Feb…

Ocean Winds, Aker Offshore Wind to Jointly Bid for Floating Wind Projects in Scotland

Jul 08, 2021

Ocean Winds, a 50-50 joint venture by EDP Renewables (EDPR) and ENGIE,  and Aker Offshore Wind, an Aker Solutions spinoff, have partnered up to develop floating offshore wind generation sites in Scotland.The two firms have paired up to bid in the ScotWind leasing round…

Spain Plans to Install 1-3 GW of Floating Wind Turbines by 2030

Jul 08, 2021

Spain plans to install floating wind turbines on the deep waters off its coasts with capacity to generate between 1 and 3 gigawatts of power by 2030, its Energy and Environment Ministry said on Wednesday.As part of a global shift away from carbon-emitting fossil fuels…

Valaris Clinches Jack-up Rig Deal in Saudi Arabia

Jul 07, 2021

Offshore drilling firm Valaris has won a contract extension with Aramco in Saudi Arabia for one of its standard-duty modern jackup drilling rigs.The Saudi national oil company has elected to extend the charter of the VALARIS JU-140 jack-up by 183 days…

Ørsted Files Bid to Build Offshore Wind Farm in Maryland

Jul 07, 2021

World's largest offshore wind developer Ørsted has submitted a bid to the Maryland authorities to develop Skipjack Wind 2, a proposed offshore wind project of up to 760 MW. The bid is in response to the Maryland Public Service Commission’s call for proposals for Round 2 offshore wind projects…

Norway Sets Aside $1.16B for Green Energy Investments in Developing Nations

Jul 07, 2021

Norway will allocate 10 billion crowns ($1.16 billion) over five years towards renewable energy investments in developing countries to cut greenhouse gas emissions, the government said on Wednesday and urged private investors to work with it…

UK: Oil and Gas Decom Costs Drop, But end-2022 Target Could be Missed

Jul 07, 2021

The cost of oil and gas decommissioning in the UK has decreased for the fourth year in a row since the cost was first estimated in 2017, when the Oil and Gas Authority set a target of a 35 percent cost reduction, with the goal of reducing the…

Petrobras Books Constellation's Drillship Laguna Star

Jul 07, 2021

Brazilian offshore drilling contractor Constellation has signed a long-term offshore drilling contract with Petrobras.The contract is for Constellation's Laguna Star drillship. The drillship will begin its 1,095-day charter offshore Brazil in January 2022…

Sustainable Marine's 'Ultra-durable' Tidal Turbine Rotors Can Stay in the Field for 20 Years

Jul 07, 2021

Scottish tidal energy technology company Sustainable Marine said Wednesday its new turbine rotors have proven they can survive for two decades in the field, following rigorous tests at a marine energy center in Ireland.The company teamed up…

Kongsberg Maritime to Equip Cadeler's Next-gen Wind Turbine Installation Vessels

Jul 07, 2021

Norway's Kongsberg Maritime has secured contracts with Chinese shipbuilder COSCO Shipping (Qidong) Offshore for the delivery of its Wind Turbine Installation Vessel (WTIV) technology.Under the deal worth 49 million euros (around $58 million)…

BW Ideol Enters Floating Wind Partnership with Japanese Refiner Eneos

Jul 07, 2021

Oslo-listed floating wind tech developer BW Ideol has signed a deal with Japan's largest oil refiner Eneos to develop a site-specificcommercial-scale floating offshore wind farm off Japan.The floating wind farm would be based on BW Ideol's patented Damping Pool technology…

Equinor Drills Duster Near Troll Field Off Norway

Jul 07, 2021

Norwegian oil company Equinor has drilled a dry well near the Troll field in the North Sea offshore Norway.The company drilled the wildcat well 31/11-1 S in the production licence 785 S around 55 kilometers south of the Troll field in the North Sea and 100 kilometers southwest of Bergen…

Woodside Energy Wraps Purchase of Far's Stake in Sangomar Project Off Senegal

Jul 06, 2021

Australian oil and gas company Woodside Energy has completed the acquisition of the entire participating interest of oil company FAR in the offshore area in Senegal containing the Woodside-operated Sangomar development. The purchase price for Far's stake in the Rufisque Offshore…

TechnipFMC Tallies 'Significant' Order From Tullow in Ghana

Jul 06, 2021

Oilfield services firm TechnipFMC said Tuesday it had won a 'significant' Engineering, Procurement, Construction, and Installation contract for Tullow's Jubilee South East development, offshore Ghana. For TechnipFMC, a “significant” contract is between $75 million and $250 million…

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