Industry News

 

Equinor Shelves Trollvind Offshore Wind Farm Project

May 22, 2023

Norwegian energy firm Equinor said Monday it would postpone further development of the Trollvind offshore wind initiative indefinitely. Back in June 2022, Equinor and four other oil and gas companies in Norway, partners in the Troll and Oseberg fields in the North Sea…

Irish Minister's Decision Sparks Disappointment and Potential Legal Action in Barryroe Offshore Oil Project

May 22, 2023

Oil companies working to develop what has been described as one of Europe's largest undeveloped offshore oil fields – the Barryroe field in Ireland - have suffered a setback after an Irish minister refused to grant them a permit to proceed with…

OSM Maritime Group and Thome Group Get Merger Approvals, Creating a Ship Management Giant

May 22, 2023

OSM Maritime Group and Thome Group have received approvals from competition authorities to merge and create one of the world's largest ship management companies.The merged company, OSM Thome, says it will be a powerhouse in the international ship management market…

Fugro and Fraunhofer IWES Collaborate on Surveys for German Wind Farm Sites

May 22, 2023

Germany's Federal Maritime and Hydrographic Agency has awarded Fugro a geophysical survey contract for two offshore wind farm sites in the German exclusive economic zone (EEZ) in the North Sea. Working in collaboration with Fraunhofer Institute for Wind Energy Systems (IWES)…

Harbour Energy Taps Expro for Balmoral Well Abandonment Project

May 22, 2023

Offshore well services firm Expro said Monday it had won a new contract with oil and gas company Harbour Energy for a well abandonment campaign as part of the decommissioning project for the Balmoral area, in the UK Continental Shelf.The multi-year contract…

U.S. Coast Guard Saves Three Boaters Stranded on Offshore Oil Platform

May 22, 2023

The U.S. Coast Guard said Sunday it had rescued three boaters from an offshore oil platform after their vessel sank near Freeport, Texas, Sunday.'Coast Guard Sector Houston-Galveston watchstanders received a report at approximately 3 a.m. from…

CNOOC's Floating Wind Turbine Starts Powering Offshore Oil Fields

May 22, 2023

China's CNOOC Limited said Monday that the Wenchang deep-sea floating wind demonstration project has been connected to the grid for power generation. The demonstration project is located near the Wenchang oilfields in the western part of the South China Sea…

SSE Renewables, RWE Seeks Public Input on North Falls Offshore Wind Farm Project

May 19, 2023

SSE Renewables and RWE joint venture's Southern North Sea offshore wind farm project, North Falls has launched the statutory consultation on its proposals.North Falls is a proposed extension to the existing 504MW Greater Gabbard Offshore Wind Farm…

Exxon Rebuts Proxy Advisor, Says Net Zero Emissions Scenario 'Unlikely'

May 19, 2023

Exxon Mobil Corp has pushed back against investors pressing the largest U.S. oil producer to report on the risks to its business from restrictions on greenhouse gas emissions and potential environmental disasters. In a reply on Wednesday to proxy advisor Glass Lewis…

Fresh Strike Wave Looms in UK Offshore Sector as 600 Bilfinger Workers Reject Pay Offers, Unite Says

May 19, 2023

UK-based union Unite said Friday that around 600 of its offshore members at Bilfinger UK Limited have rejected new pay offers, and confirmed fresh strike action will now occur in June.'New pay offers were rejected by Unite members based on the offshore assets of the operators Ithaca…

Shell Faces Tense Shareholder Meeting as Profits and Climate Collide

May 19, 2023

Shell will likely face one of its most acrimonious annual meetings next week as it struggles to balance investor pressure to capture profits from oil and gas and a vocal minority saying it must move faster to tackle climate change. Big Oil firms…

Lula's Coalition Roiled by Decision to Block Petrobras' Amazon Mouth Drilling Project

May 19, 2023

A decision by Brazil's environmental regulator to block state-owned oil company Petrobras' Amazon oil project has exposed tensions in President Luiz Inacio Lula da Silva's coalition between green advocates and those prioritizing economic development…

Equinor Awards TechnipFMC a Significant Contract for Riserless Light Well Intervention Services

May 19, 2023

Oilfield services giant TechnipFMC will provide riserless light well intervention (RLWI) services on the Norwegian Continental Shelf for Equinor under a newly awarded contract.TechnipFMC said Friday the two-year contract with Equinor was a significant one…

Amogy, Skansi Offshore, and SEAM Team Up to Decarbonize Offshore Support Vessels with Ammonia Technology

May 19, 2023

Amogy, Skansi Offshore, and SEAM have entered into a Memorandum of Understanding (MoU) to investigate potential technology collaboration in the field of ammonia application, with the common goal of decarbonizing the offshore support vessel industry…

PGS' Ramform Hyperion Vessel in 40-Day 3D Survey Project in Barents Sea

May 19, 2023

Offshore seismic survey specialist PGS said Friday it had executed the final contract with an independent energy company for a 3D survey in the Barents Sea.PGS said the 3D survey would be conducted by the Ramform Hyperion vessel. The project is about to start…

Current News

Jumbo Scoops Two Offshore Wind Contracts

Jumbo Scoops Two Offshore Wind

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

Wood Nets Long-Term Maintenanc

TechnipFMC to Supply Subsea Systems for Chevron’s Gas Project off Australia

TechnipFMC to Supply Subsea Sy

Shell Picks Valaris Drillship for Work Offshore Brazil

Shell Picks Valaris Drillship

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