Industry News

 

ADNOC Eyes June Listing of Marine & Logistics Unit

Mar 24, 2023

State oil giant Abu Dhabi National Oil Co (ADNOC) plans to float its marine and logistics subsidiary in the coming months, two sources said, the second initial public offering of one of its businesses this year.ADNOC, which raised $2.5 billion from listing its gas business in March…

Partners Apply for Environmental Permit for Offshore Drilling in South Africa

Mar 24, 2023

Oil and gas company Eco Atlantic said this week it was, with its partners Africa Oil and Ricocure, applying for Environmental Authorisation to undertake exploration activities in Block 3B/4B in the Orange Basin off the Northern Cape/South-West Coast of South Africa…

OX2's Baltic Sea Offshore Energy Hub to Produce Both Electricity and Hydrogen

Mar 24, 2023

Sweden-based OX2 has started the development of the offshore energy hub Neptunus in the southern Baltic Sea, offshore Sweden.According to OX2, the energy hub is estimated to have a total installed capacity of 1.9 GW and will produce both electricity and hydrogen…

Pemex, Talos File Development Plan for Major Oil Project Offshore Mexico

Mar 24, 2023

Mexico's state-owned Pemex and a consortium led by U.S.-based Talos Energy submitted a development plan for a major offshore oil field to regulators on Thursday, in the latest step in a years-long saga over the potentially lucrative discovery…

Port of Aberdeen Banks on Offshore Wind for Future Growth

Mar 23, 2023

Port of Aberdeen has welcomed more than 100 vessels working on offshore wind projects to the port so far this year, including the latest arrival of the Blue Tern jack-up installation vessel.Owned by Fred. Olsen Windcarrier, the Blue Tern jack-up is a 151-meter-long…

Semco Maritime, Local Firms in Aberdeen Getting Noble Jack-up Rig Ready for BP Gig

Mar 23, 2023

Semco Maritime said Wednesday it was, together with local companies, conducting maintenance works on the Noble Innovator jack-up rig in the Port of Aberdeen, prior to the rig's deployment back to the North Sea to undertake decommissioning activity for BP…

China Plans to Use Renewable Energy to Help Boost Oil & Gas Production

Mar 23, 2023

China plans to use renewable energy sources such as wind and solar to provide onsite power for enhanced oil and gas recovery techniques, according to the National Energy Administration.Gas output could be increased by 3 billion cubic meters (bcm) through pressure-boosted mining techniques…

EnBW Set to Build Its Largest Offshore Wind Farm in Germany Yet as FID Reached

Mar 23, 2023

German energy group EnBW has reached a final investment decision for He Dreiht offshore wind farm in Germany, clearing the way for the start of construction of EnBW’s largest offshore wind farm to date, with an installed capacity of 960 megawatts (MW)…

Serica Energy Completes Acquisition of Tailwind Energy

Mar 23, 2023

UK-based oil and gas company Serica Energy said Thursday it had completed the acquisition of Tailwind Energy and that admission of the completion consideration shares to trading on AIM has occurred.Serica said in December 2020 it would acquire Tailwind…

VIDEO: Coast Guard Medevacs Crewmember from Allseas' Pipelayer in Gulf of Mexico

Mar 23, 2023

The U.S. Coast Guard said Thursday it had medevaced a motor vessel crewmember Tuesday approximately 15 miles offshore Port Fourchon, Louisiana. 'Coast Guard Sector New Orleans watchstanders received a call at 7:54 p.m. from the motor vessel…

Montara Venture FPSO Restarts Production

Mar 23, 2023

Jadestone Energy plc said Thursday that its Montara Venture FPSO offshore Australia resumed production operations early on Tuesday March 21, 2023.The company shut down production from the Montara Venture FPSO in 2022, first to allow for repairs…

Orbital Marine Power to Develop 30MW Tidal Energy Project in Orkney Islands

Mar 23, 2023

Tidal energy developer Orbital Marine Power said Wednesday it had been awarded an Option Agreement from Crown Estate Scotland for a new 30MW tidal energy project in the Westray Firth, a strait in the Orkney Islands.Orkney-based Orbital also…

Crowley Hires Coplen as Wind Services VP

Mar 22, 2023

Crowley named Mark Coplen as vice president of project management for Crowley Wind Services, where he will be a key leader in advancing the company’s growth and market leadership in the offshore wind industry.  In his role, Coplen will expand…

WuHu Shipyard Starts Building Orca Series Heavy Lift Vessel for Jumbo and SAL

Mar 22, 2023

China's WuHu Shipyard has cut the first steel for an Orca series heavy lift vessel being built for an alliance between SAL Heavy Lift GmbH and Jumbo Shipping.Back in September 2022, SAL and Jumbo said they had signed building contracts for four…

BP Petrofac Workers to Support North Sea Strikes Over Pay

Mar 22, 2023

UK's Unite the union on Wednesday said that its members at BP Petrofac sites have voted to support a strike over pay at oil and gas facilities in the North Sea.'The vote will see the BP Petrofac workers join 1,400 others in dispute with their employers…

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