Industry News

 

After Jade Dud, Empyrean Pins Hopes on Topaz Offshore Prospect in China

Jun 10, 2022

Oil and gas company Empyrean Energy, which recently suffered a disappointment when its closely watched 'world-class' Jade offshore well in China came up dry, said Friday it had decided to give it another go and drill the Topaz well, located in the same Block 29/11…

Schlumberger, Subsea 7 Renew Subsea Integration Alliance for 7 More Years

Jun 10, 2022

Oilfield services giant Schlumberger and offshore installation specialist Subsea 7 have agreed to renew their Subsea Integration Alliance for a further seven years.Subsea Integration Alliance is an alliance between Subsea 7 and Schlumberger’s OneSubsea subsea technologies…

PSG, Sarens JV Targets Offshore Wind Logistics Work in Scotland

Jun 10, 2022

PSG Marine & Logistics Ltd and Sarens have recently formed a joint venture offering services to the offshore wind and renewables sector across Scotland.Sarens specializes in crane rental services, heavy lifting, and engineered transport. PSG Marine & Logistics Ltd…

India to Hold Bid Rounds for 12 GW of Offshore Wind Over Three Years

Jun 10, 2022

India is looking to hold bid rounds for 12 GW of offshore wind in the next three years, the Government's Press Information Bureau said Thursday.This year, the Ministry of New & Renewable Energy will issue the first bid in the next three-four…

Keel Laid for Seaway 7's Offshore Wind Installation Vessel 'Seaway Ventus'

Jun 10, 2022

A keel-laying ceremony was held earlier this week for Seaway 7’s new offshore wind turbine installation vessel Seaway Ventus.The ceremony was held on Monday, June 6, at the China Merchants Heavy Industry (CMHI) Haimen facility, Nantong.The GustoMSC…

PHOTO: Pioneering Spirit Brings Decommissioned Valhall Facilities to Stord for Recycling

Jun 10, 2022

Allseas giant Pioneering Spirit offshore construction ship is back in Stord, Norway, to deliver several decommissioned platform facilities removed from the Aker BP's Valhall field complex, located in the North Sea offshore Norway. The facilities will be recycled…

Brazil Selects Gileno Gurjao Barreto as Petrobras Chairman

Jun 10, 2022

The Brazilian government selected Gileno Gurjao Barreto on Thursday as its nominee to chair state-run oil giant Petrobras' board.The Mines and Energy Ministry also confirmed Caio Mario Paes de Andrade as its nominee to be Petrobras' chief executive…

Corio Generation Wants to Build 2.5 GW Wind Farm Offshore Victoria, Australia

Jun 10, 2022

Corio Generation, a recently established offshore wind branch of Macquarie's Green Investment Group (GIG), is planning a major new offshore wind project in Australia, named Great Eastern Offshore Wind.If approved for construction following ongoing…

Ecuador's Petroecuador Opens Tenders for Offshore Field, Refinery Modernization

Jun 10, 2022

Ecuadorean state-run oil company Petroecuador on Thursday announced two auctions, hoping to attract private company bids for a flagship offshore natural gas field and a contract to modernize the Esmeraldas refinery.Petroecuador is seeking a…

Scottish Secretary Visits Teesside Freeport, as Deadline Looms for Scottish Green Freeports Bids

Jun 09, 2022

Scottish Secretary Alister Jack on Wednesday visited Teesside Freeport in Middlesbrough, with just over a week to go before bidding closes on the competition for the two Scottish Green FreeportsUK Freeports are special areas where different economic regulations apply…

Offshore Wind Innovation Hub Launched in New York

Jun 09, 2022

Equinor and BP on Thursday announced the launch of a New York-based Offshore Wind Innovation Hub that they say will facilitate partnerships with start-ups that bring new technological solutions to the growing US offshore wind industry'The initiative…

EU Looking to Boost Gas Imports from Israel, Egypt to Cut Reliance on Russia

Jun 09, 2022

The European Commission has proposed a deal to EU member states with Egypt and Israel to boost imports of natural gas from the eastern Mediterranean, according to a draft document seen by Reuters dated June 7.The draft memorandum of understanding…

Focus on Net-Zero: AREG to Launch Energy Futures Event in Aberdeen

Jun 09, 2022

Aberdeen Renewable Energy Group (AREG) said Thursday it would launch its first Energy Futures Conference and Exhibition on November 15, 2022, focused on latest technology developments and the fast pace of change required to reach net zero.According to AREG…

Huisman's Leg Encircling Crane for Another Cadeler Offshore WInd Vessel

Jun 09, 2022

Dutch crane specialist Huisman won a contract with China's COSCO Shipping (Qidong) Offshore Co., Ltd. for the design and construction of a Leg Encircling Crane (LEC).The crane, with a fully electrically driven system, will be installed on the…

Eni, HitecVision Sell 5% in Vår Energi for $530M

Jun 09, 2022

Italy's Eni and Norway's HitecVision completed the sale of a 5% stake in Norwegian oil firm Vår Energi worth $530 million, the Italian energy group said on Thursday.Vår Energi, whose shares dropped 9% in morning trade, listed in February and…

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Seatrium Delivers Next-Gen WTIV Newbuild to Maersk Offshore Wind

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