Industry News

 

UAE Names ADNOC Chief Jaber as COP28 Climate Conference President

Jan 12, 2023

The United Arab Emirates said on Thursday that Sultan al-Jaber, the head of state oil giant ADNOC, would act as president of the COP28 climate conference it is hosting this year. Jaber, also UAE's minister of industry and technology and its climate envoy…

Aker BP in Drilling, Well Alliances with Noble Corp, Odfjell Drilling, Halliburton

Jan 12, 2023

The Norwegian oil and gas company Aker BP said Thursday it had entered into drilling and wells alliance agreements with offshore drilling firms Noble Corporation, Odfjell Drilling, and oilfield services giant Halliburton. The jack-up rig alliance comprises Noble…

German Green Group Seeks to Cut Wilhelmshaven FSRU License by 10 Years

Jan 11, 2023

A German environmental group has lodged a complaint calling for the operating licence of a new floating liquefied natural gas (LNG) terminal at Wilhelmshaven to be shortened by a decade citing its discharging of chlorine and risks to Germany's climate targets…

Europa Hires Advisor for Inishkea Gas Prospect Farm-out

Jan 11, 2023

Europa Oil & Gas, a company that owns an offshore block in Ireland containing what it says is the 'significant' Inishkea gas prospect, has hired advisors to help it find a partner to drill at the prospect.Europa has engaged Llamas and Bannister…

Rapid to Take Over Orcadian's Crinan, Dandy North Sea Discoveries

Jan 11, 2023

North Sea-focused oil and gas company Orcadian has entered into a non-binding Heads of Agreement with Rapid Oil Production Ltd to dispose of its interests in the Crinan and Dandy discoveries in the UK North Sea.Orcadian, which describes the Crinan and Dandy as non core assets…

Wintershall Dea Targets Record 200,000 boed Production from Norway in 2023

Jan 11, 2023

Germany's Wintershall Dea aims to produce a record 200,000 barrels of oil equivalent per day (boed) from Norwegian oil and gas fields in 2023 and will continue to expand its business there, the head of the company's Norwegian unit told Reuters…

Offshore Wind: Amprion Taps Siemens Energy, Dragados for LanWin1, 3 HVDC Converter Platforms

Jan 11, 2023

A consortium between Dragados Offshore and Siemens Energy has won a contract with Amprion Offshore to build the HVDC converter platforms for both the LanWin1 and LanWin3 HVDC grid connection projects.The projects are the first of two-gigawatt…

Marlink Equipping Solstad Offshore Fleet with Starlink Connectivity

Jan 11, 2023

Maritime satellite communications services firm Marlink is equipping Solstad Offshore vessels with Starlink connectivity integrated with the Sealink VSAT, L-band backup, and 4G services.'Solstad Offshore is the first offshore vessel operator…

China's CNOOC Eyes Record Oil, Gas Production for 2023

Jan 11, 2023

China's CNOOC Ltd has set its 2023 production target at a record 650 million to 660 million barrels of oil equivalent (boe), about 8% above last year's goal.  The state-controlled offshore oil and gas company produced about 620 million boe last year…

Norway Opens North Sea Area for CO2 Storage Applications

Jan 11, 2023

Norway on Wednesday announced an area in the North Sea for applications related to the injection and storage of CO2 on the Norwegian continental shelf.Minister of Petroleum and Energy Terje Aasland said there was a great interest from companies…

Elizabeth Klein Named BOEM Director

Jan 10, 2023

The U.S. Interior Department on Tuesday named Elizabeth Klein, a lawyer who worked in the Obama and Clinton administrations, to head the bureau that oversees offshore oil, gas and wind development.Klein will take over for the current head of the Bureau of Ocean Energy Management…

World's Most Powerful: CSSC Haizhuang Building 18MW Offshore Wind Turbine

Jan 10, 2023

China's CSSC Haizhuang has said it is working to build the H260-18MW offshore wind turbine, which will break a global record with an 18MW capacity rating. The turbine will have a giant 260-meter-diameter rotor.According to CSSC Haizhuang, the H260-18MW offshore turbine has a swept area of 53…

Offshore Services Firm Acteon Names Bruggaier as New CEO

Jan 10, 2023

Offshore energy industry services company Acteon Group Ltd has appointed Dr Bernhard Bruggaier as Group Chief Executive. He succeeded Dr Carl Trowell, effective from January 1, 2023.Bruggaier joined Acteon’s subsidiary MENCK in 1994, became its Managing Director in 1998…

ExxonMobil Wins Exploration Rights Offshore Egypt

Jan 10, 2023

Egypt has assigned ExxonMobil oil and gas exploration rights to two offshore blocks in the outer Nile Delta, according to a company statement on Tuesday.The company's Egyptian subsidiary will operate both blocks and hold 100% interest, with exploration activities expected to start this year…

Philippines' Supreme Court Voids 2005 South China Sea Oil & Gas Exploration Deal

Jan 10, 2023

The Supreme Court in the Philippines on Tuesday declared the country's 2005 energy exploration agreement with Chinese and Vietnamese firms was illegal, ruling that the constitution does not allow foreign entities to exploit natural resources…

Current News

Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

ADNOC, RWE Explore LNG Supply

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

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