Industry News

 

First Gas Flows to FLNG Gimi from BP’s GTA FPSO

Jan 21, 2025

The full commissioning of Golar LNG’s floating liquefied natural gas (FLNG) unit Gimi has started with the injection of first gas from the BP-operated Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal.Ahead of first gas injection to Gimi FLNG…

Prysmian Drops Plans for US Offshore Wind Cables Factory

Jan 21, 2025

Italy's Prysmian will abandon a plan to build a plant in the United States to make cables for offshore wind parks, the group said in a statement seen by Reuters on Tuesday, even as it expands its overall business in the country.Prysmian, the…

First Anti-Offshore Wind Policies Hit US as New Administration Takes Over

Jan 21, 2025

President Donald Trump suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.'We're not going to do the wind thing. Big, ugly wind mills. They ruin your neighborhood…

Trump Revokes Biden's Oil Drilling Block on US Coasts and Arctic

Jan 21, 2025

U.S. President Donald Trump signed an executive order on Monday repealing former President Joe Biden's efforts to block oil drilling in the Arctic and along large areas off the U.S. coasts, according to the White House.Biden this month banned new offshore oil and gas development along most U…

DeepOcean Extends Charters for Three Subsea Construction Vessels

Jan 21, 2025

Ocean services provider DeepOcean has cemented its subsea offering with the extension of its charter agreements with Østensjø Rederi for three vessels.DeepOcean’s most advanced subsea vessel, Edda Freya, will remain part of the fleet through 2026…

GMS Brings Backlog to $483M with Latest Jack-Up Contract Extension

Jan 21, 2025

Gulf Marine Services (GMS), a provider of jack-up support vessels for the global energy industry, has secured a contract extension for one of its large-class vessels operating in the Persian Gulf region.The latest extension to an existing contract is for 171 days…

OMV Gets North Sea Drilling Permit

Jan 21, 2025

The Norwegian Offshore Directorate has granted OMV (Norge) a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 35/6-6 in production license 1109.OMV (Norge) is the operator of the license with 30% interest, with partners DNO Norge (30%)…

US LNG Export Permit Applications Back on Table under Trump’s Order

Jan 21, 2025

President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's climate policies…

Dorado Oil and Gas Projects Stalls as Santos Delays FID

Jan 21, 2025

Santos has effectively stalled plans for a Western Australian oil and gas project worth over A$3 billion ($1.87 billion), sending minority partner Carnarvon Energy's, shares tumbling on Tuesday.Carnarvon's shares closed about 23% lower, ending…

Trump: Second Term, Second Withdrawal from Paris Climate Agreement

Jan 21, 2025

President Donald Trump once again withdrew the United States from the Paris climate deal on Monday, removing the world's biggest historic emitter from global efforts to fight climate change for the second time in a decade.The move places the United States alongside Iran…

Serica Energy Set for 2025 Production Increase

Jan 21, 2025

U.K. North Sea-focused oil and gas company Serica Energy expects a 15.6% increase in 2025 production, helped by improved reliability of its assets, it said on Tuesday.Serica has expanded production through acquisitions and investments in the last few years…

NOIA Ready to Drive Offshore Energy with Trump Administration

Jan 20, 2025

National Ocean Industries Association President Erik Milito issued the following statement regarding the inauguration of President Donald Trump:'American offshore energy stands as a cornerstone of our nation's greatness. We are committed to…

Chevron Eyes Oil and Gas Exploration Off Greece

Jan 20, 2025

U.S. oil producer Chevron has expressed an interest in exploring for hydrocarbons in Greece, southwest of the Peloponnese peninsula and up to the west of the island of Crete, the Greek energy ministry said on Monday.The ministry added in a statement…

ExxonMobil Makes Gas Discovery Offshore Egypt

Jan 20, 2025

ExxonMobil Egypt, a subsidiary of U.S. oil giant ExxonMobil, has made a gas discovery as part of a drilling campaign in the North Marakia Block offshore Egypt.The drilling of the Nefertari 1 well at an area with at a water depth of 1,720 meters…

UK Firm Finds Local Research Partner to Drive Adoption of OTEC in Brazil

Jan 20, 2025

UK-based company Global OTEC has signed a memorandum of understanding (MoU) with Brazilian research institute COPPE/UFRJ to jointly research the development and viability of Ocean Thermal Energy Conversion (OTEC) projects in Brazil.COPPE/UFRJ…

Current News

Shell Greenlights Waterflood Project to Bolster Production in Gulf of America

Shell Greenlights Waterflood P

ESVAGT Acquires Two SOVs from Edda Wind

ESVAGT Acquires Two SOVs from

Dräger to Supply Gas Detection, Monitoring Tech to North Sea Operator

Dräger to Supply Gas Detection

NKT Expands Swedish Cable Accessories Plant Amid Rising Demand

NKT Expands Swedish Cable Acce

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