Industry News

 

Helix Q7000 Sets Sail Ahead of Severe Storm Forecast, Embarking on Tui Oil Field Decommissioning

May 18, 2023

Helix Energy Solutions' semi-submersible vessel Helix Q7000 which earlier this week arrived in Port Taranaki, New Zealand, ahead of its planned decommissioning work at the Tui offshore field, has already set off from the port ahead of a forecasted significant storm event…

UK Offers 20 Offshore Carbon Storage Licenses to 12 Companies

May 18, 2023

Twelve companies were awarded a total of 20 licenses to develop carbon dioxide (CO2) storage offshore, in Britain's first licensing round for such projects, the North Sea Transition Authority (NSTA) said on Thursday.Britain aims to use carbon capture and storage (CCS) technology…

Third Medical Evacuation in Three Months: Coast Guard Assists Ailing Crewmember on Solitaire Pipelayer

May 18, 2023

The U.S. Coast Guard medevaced a crewmember from Allseas' pipelayer Solitaire Tuesday approximately 13 miles south of Port Fourchon, Louisiana.Coast Guard Eighth District and Coast Guard Sector New Orleans command center watchstanders received…

Aramco Names Presidents for Upstream and Downstream Businesses

May 18, 2023

Saudi Arabian oil giant 2 Aramco on Thursday named Nasir al-Naimi and Mohammed Al Qahtani as presidents of its upstream and downstream businesses, respectively, in a move designed to support the company's growth plans. The newly created positions and appointments…

Saipem Nets $850M Worth of Offshore Contracts in the Black Sea and North Sea

May 18, 2023

Italian offshore engineering and construction firm Saipem has won two new offshore contracts in the North Sea and the Black Sea, worth $850 million in total.One contract is for an Engineering, Procurement, Construction and Installation (EPCI) project in the Black Sea…

Environment Agency Rejects Petrobras' Request to Drill at Amazon River Mouth

May 18, 2023

The Brazilian environmental protection agency Ibama said on Wednesday it had rejected a request from state-run oil company Petrobras to drill a well at the mouth of the Amazon River.The much-awaited decision follows a technical recommendation by the agency's experts to reject the proposal…

EMEC, Partners Win Funding to Advance Hydrogen Production and Storage

May 17, 2023

The European Marine Energy Center (EMEC) in Scotland, said Wednesday ti was part of four project consortia that have won funding totaling over £500,000 to conduct feasibility studies supporting the development of novel hydrogen production, storage…

Greece: Alexandroupolis Port Gets $26M EU Funding

May 17, 2023

Greece has secured 24 million euros ($26 million) in European Union funding to upgrade its northern Aegean Sea port of Alexandroupolis, privatization agency HRADF said on Wednesday.Alexandroupolis, which is close to Bulgaria and Turkey, has been used by U…

TenneT Taps Allseas, Heerema to Install 14 Massive Offshore Converter Stations

May 17, 2023

Dutch-German transmission system operator TenneT has signed multi-year framework agreements with offshore installation firms Allseas and Heerema Marine Contractors for transport and installation of at least fourteen 2-gigawatt (2GW) offshore platforms…

Vietnam Bets Big on LNG, South China Sea Gas Fields Amid Supply, Security Risks

May 17, 2023

Vietnam's plan to quadruple by 2030 its gas processing capacity, turning it into its first source of energy, marks a big bet on imported liquefied natural gas (LNG) and its reserves in the South China Sea, despite supply and geopolitical risks…

Brazil: Petrobras Makes Hydrocarbon Find in Santos Basin's Aram Block

May 17, 2023

Brazilian oil company Petrobras said Wednesday it had discovered hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block.The well 3-BRSA-1387D-SPS is located 260 km from the city of Santos-SP, at a water depth of 1…

Chevron, Exxon Seek State Backing for Australia CCS, Hydrogen Projects

May 17, 2023

Chevron Corp and Exxon Mobil Corp, the two largest U.S. fossil fuel companies, are seeking Australia's backing for carbon capture and storage (CCS) and hydrogen projects as they look to increase investment in a bid to slash the intensity of carbon emissions…

North Sea Energy Sector Mobilizes to Improve Mental Health Support After Disturbing Study Results

May 17, 2023

Nearly 200 representatives of energy industry organizations are looking to devise a plan aimed at enhancing mental health support available to North Sea workers, after a study found a large number of onshore and offshore workers experienced suicidal thoughts while on duty…

World's Largest Floating Wind Farm Powers Up Another Norwegian Offshore Field

May 17, 2023

Norwegian oil and gas Equinor has informed that the Hywind Tampen floating wind farm, the world's largest, has started delivering power to its Snorre field, offshore Norway.'As the operator, we’re proud to announce on behalf of the partners…

Jadestone Energy Gets NOPTA Nod for CWLH Title Transfer, Key to Drawing RBL

May 17, 2023

Asia-pacific focused oil and gas company Jadestone Energy has received approval from Australia’s National Offshore Petroleum Titles Administrator (“NOPTA”) for the title transfer relating to the acquisition of the interest in the Cossack, Wanaea…

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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