Industry News

 

Exxon Sues EU in Move to Block New Windfall Tax on Oil Companies

Dec 28, 2022

U.S. oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc's new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy.The windfall profits tax is 'counter-productive'…

Petroreconcavo Buys Maha Energy's Brazil Subsidiary

Dec 28, 2022

Brazilian oil company Petroreconcavo SA has agreed to buy Maha Energy's subsidiary in the Latin American country, the companies said on Wednesday, marking another step in the Brazilian firm's ongoing expansion.According to a securities filing…

Keel Laid for Van Oord's Offshore Wind Turbine Installation Vessel Boreas

Dec 28, 2022

A keel laying ceremony was held Tuesday for the wind turbine installation vessel (WTIV) Boreas, being built for the Dutch marine and offshore services firm Van Oord.The ceremony took place at the YCRO yard in Yantai, China.The Boreas will be…

Brazil: Petrobras Launches Tenders for Atapu, Sepia FPSOs

Dec 28, 2022

The Brazilian oil company Petrobras has launched a tender for the supply of two FPSOs for the shared reservoirs of Atapu and Sépia, with bids expected to be received in July 2023 and production to start in 2028. The offshore production units…

Norway's Njord Offshore Field Resumes Production After Major Platform Upgrades

Dec 28, 2022

Production from the Njord field in the Norwegian Sea restarted at 16.30 on December 27th, following an upgrade project in which both the platform and the floating storage and offloading vessel (FSO) were brought ashore for extensive upgrades…

Ireland Grants MACs for Seven Proposed Offshore Wind Projects

Dec 27, 2022

Ireland's Minister for the Environment, Climate and Communications, Eamon Ryan TD, on Friday issued Maritime Area Consents (MACs) to the first phase of seven offshore wind projects.The government said the MACs granting represented a significant…

Japan's Cosmo Energy Signs New Offshore Oil Field Deal with QatarEnergy

Dec 27, 2022

Japan's Cosmo Energy Holdings Co Ltd said on Friday it has signed a new agreement with Qatar Energy to continue its operation in the Al-Karkara and A-Structures offshore oil fields, which came into effect after the expiry of the current contract this month…

Crane on Tyra II Process Module Now in Permanent Use

Dec 27, 2022

Norwegian Energy Company (Noreco) said Friday it had reached a milestone on the hook-up and commissioning campaign of Tyra II with the crane on the process module (the 'TEG') now in permanent use. 'The milestone was planned for early Q1 2023…

Pemex's Environmental Record Puts Funding in Jeopardy

Dec 27, 2022

Mexican state oil company Petroleos Mexicanos (Pemex) said it has been falling behind in a global race to transition from fossil to renewable energy sources, and that stricter demands from environmentally conscious investors pose a threat. Investors…

Shelf Drilling's Jack-up Booked for Drilling Campaign in Nigeria

Dec 27, 2022

Offshore drilling firm Shelf Drilling said Friday it had won a one-year drilling contract for one of its jack-up rigs.The contract is for the Trident VIII jack-up rig for operations offshore Nigeria. 'The rig will complete a short out-of-service…

Turkey's Black Sea Gas Find Now Amounts to 710 bcm - Erdogan

Dec 27, 2022

The total volume of natural gas Turkey has discovered in the Black Sea now amounts to 710 billion cubic meters (bcm) after a new field was located and a previous find was revised higher, President Tayyip Erdogan said on Monday. Speaking after a cabinet meeting…

Egypt Launches Bid Round for Mediterranean, Nile Delta Offshore Exploration Blocks

Dec 27, 2022

Egypt has set a new international tender for oil and gas exploration rights in the Nile Delta and Mediterranean sea, the state news agency reported on Tuesday.The tender was set for 12 blocks, split evenly between onshore and offshore, and the…

Edda Wind's New CSOV Launched in Spain

Dec 27, 2022

On Christmas Eve, Spanish shipyard Gondan Shipbuilders inaugurated the Commissioning Service Operation vessel (CSOV) C491, built for Edda Wind.The new ship is a CSOV of similar design as the other six vessels being built at Gondan.These eight vessels…

Bibby WaveMaster 1 Helps TotalEnergies' Offshore Workers Get Home for Christmas

Dec 23, 2022

Bibby Marine's Bibby WaveMaster 1 (BWM1) set sail for Denmark this week, on a charter for Total Energies, to help get some of their personnel home in time for Christmas after weather conditions prevented helicopter transfer.BWM1, a walk-to-work…

OE’s 2022 Top of the Festive Video Pops

Dec 23, 2022

The holiday season is upon us, and as every year, this year too, Offshore Engineer features the top festive videos shared by offshore industry companies! Our personal favorites come from Oceaneering, Subsea 7, and Net Zero Technology Centre…

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US Orders Military to Enforce

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