Industry News

 

Woodside Set to Partner Up for Louisiana LNG Project by March 2025

Nov 29, 2024

Woodside Energy expects to bring several partners into its Louisiana liquefied natural gas development by the time the company gives the financial go-ahead to the U.S. project in the first quarter of 2025, its CEO told Reuters.Australia-listed…

Energean Pushing for More Oil and Gas Exploration Licenses Off Israel

Nov 29, 2024

The CEO of Israel-focused gas producer Energean on Thursday urged Israel to issue new offshore oil and gas exploration licences to meet rising demand in the region.Speaking to Reuters, Mathios Rigas also called on governments to develop new export routes from Israel to neighbouring Egypt and Cyprus…

Huisman Hooks Crane Supply Deal for Sea1 Offshore’s New Vessels

Nov 28, 2024

Crane specialist Huisman has secured a contract for the delivery of two 250 mt Knuckle Boom Cranes, which will be installed on the Sea1 Offshore’s new offshore energy support vessel.The contract was signed with COSCO (Qidong) Offshore. The cranes…

DEME to Build Offshore Wind Terminal in German Port

Nov 28, 2024

DEME has been awarded a contract, worth up to $52 million, for the construction of an offshore wind terminal in the Port of Cuxhaven in Germany.The terminal will boost Cuxhaven’s position as a key offshore industrial hub to support the handling of heavy-duty loads…

Sulmara Nets $19M Investment for Low-Carbon Offshore Wind Services

Nov 28, 2024

Scottish subsea specialist Sulmara has secured an $18.9 million investment from BGF, one of the largest growth capital investors in U.K. and Ireland, to support the expansion of its survey and inspection services in the offshore wind and energy markets…

Proserv and Verlume Team Up for Subsea Power Efficiency Boost

Nov 28, 2024

Proserv and Verlume have signed a memorandum of understanding (MoU) to explore collaborative opportunities in the subsea power and renewable sectors and bring innovative technologies to the rapidly evolving clean energy market.Under the terms of the MoU…

ExxonMobil Consultant Under Investigation for Hack-and-Leak of Environmentalist Emails

Nov 28, 2024

The FBI has been investigating a longtime Exxon Mobil consultant over the contractor's alleged role in a hack-and-leak operation that targeted hundreds of the oil company’s biggest critics, according to three people familiar with the matter…

PXGEO to Keep Sea1 Offshore’s Subsea Construction Vessel on Duty

Nov 28, 2024

Norwegian offshore vessel owner Sea1 Offshore has secured contract extension from marine geophysical service provider PXGEO for its offshore subsea construction vessel (OSCV) Sea1 Spearfish.PXGEO exercised the option to extend the contract for…

Seatrium Dives Deeper into Cyber-Physical Modeling of FPSOs

Nov 28, 2024

Seatrium and the Technology Centre for Offshore & Marine, Singapore (TCOMS) have expanded the research agreement to explore cyber-physical modelling capabilities for predicting the behavior of floating production storage and offloading (FPSO) platforms in high sea states…

Vestas Gets Turbine Order for 900MW Offshore Wind Farm in Germany

Nov 28, 2024

Vestas has received a firm order for RWE’s 900 MW Nordseecluster B offshore wind project in Germany.The order includes 60 V236-15.0 MW wind turbines and Vestas is responsible for the supply, delivery, and commissioning of the turbines.Upon completion…

Petrobras Eyes Minority Stake Sale in Shallow Water Field Off Brazil

Nov 28, 2024

Brazilian oil and gas firm Petrobras has started the teaser stage for the transfer of its 25% minority stake in the Tartaruga field, located in the town of Pirambu-SE, in shallow waters of the Sergipe-Alagoas Basin, operated by SPE Tiêta (Petrorecôncavo)…

Eni Acquires Four New Blocks Offshore Côte d’Ivoire

Nov 28, 2024

Eni and the Ministry of Mines, Oil and Energy of Côte d’Ivoire have signed the contracts for the acquisition of four new offshore exploration blocks.The blocks CI-504, CI-526, CI-706 and CI-708 cover a total area of about 5,720 square kilometers with a water depth ranging between 1…

Korean Operator Orders Offshore Wind CTV from Strategic Marine

Nov 27, 2024

Singapore-based shipbuilder Strategic Marine has signed a contract with South Korea’s Yeosu Ocean for the construction of a StratCat 27 crew transfer vessel (CTV) for the country’s growing offshore wind market.Designed by Strategic Marine’s partner BMT…

Serica Energy Lowers 2024 Production Outlook Due to Triton FPSO Outage

Nov 27, 2024

UK's Serica Energy said on Tuesday it expects full-year production to be lower than its previous forecast, following an outage at its Triton hub in the North Sea.Following the suspension of production at Triton on Oct. 26, there has been an…

EU Court Rejects Nord Stream 2 Challenge to Gas Legislation

Nov 27, 2024

The lower court at the European Court of Justice has dismissed an attempt by Russia's Nord Stream 2 to contest the EU's unbundling rules on gas transmission pipelines, the court said in a statement on Wednesday.In 2019, the EU amended its gas…

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BOEM Initiates Process for Pot

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Jumbo Scoops Two Offshore Wind

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Wood Nets Long-Term Maintenanc

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