Industry News

 

All 38 Turbines Installed at RWE's Kaskasi Offshore Wind Farm in Germany

Nov 22, 2022

The last turbine at RWE’s Kaskasi wind farm has now been installed 35 kilometers north of the German island of Heligoland, the German company said Tuesday.Kaskasi is RWE’s sixth wind farm off the German coast. According to the company, more…

Autonomous OBN Seismic Survey Robots Could Enter Commercial Operation in 2024

Nov 22, 2022

Blue Ocean Seismic Services, which is working on autonomous ocean bottom seismic robotic vehicle technology, said on Tuesday that it had finished a series of passive and active seismic trials that proved the quality of seismic data collection…

Cadeler Orders Second Hybrid Offshore Wind Installation Jack-up

Nov 22, 2022

Danish offshore wind installation services firm Cadeler has ordered its second F-class vessel, a hybrid design allowing the vessel to convert from being a foundation installation unit to a wind turbine generator installation vessel within a short period of time…

BV to Certify Floating Wind Farm in S. Korea

Nov 22, 2022

Bureau Veritas, a testing, inspection, and certification company, will work with the Korean Register (KR) to certify Bada Energy's Gray Whale 3 floating offshore wind farm project in Ulsan, South Korea.Gray Whale 3 floating offshore wind farm is a product of a partnership between Corio Generation…

Equinor Files Development Plan for $1,45B Irpa Deepwater Gas Discovery

Nov 22, 2022

The Norwegian oil and gas company Equinor has filed a plan for development and operation (PDO) for the Irpa offshore gas discovery, formerly known as Asterix, to the Norwegian Minister for Petroleum and Energy.The gas discovery, sitting in the Norwegian Sea at a depth of 1350 meters…

Norway's October Oil, Gas Output Lags Forecast

Nov 22, 2022

Norway's crude oil and gas output rose in October from September but lagged official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday. Crude oil output rose to 1.75 million barrels per day (bpd) in October from 1…

Shell to 'Evaluate' 25B Pound UK Investments after Windfall Tax

Nov 22, 2022

Shell said on Monday it will evaluate plans to spend up to 25 billion pounds in Britain over the next decade following the government's decision to increase a windfall tax on oil and gas producers.'We're going to have to evaluate each project on a case by case basis…

UK Oil and Gas Sector Faces $24B Bill to Plug Old Wells

Nov 22, 2022

British North Sea oil and gas producers will spend around 20 billion pounds ($24 billion) on dismantling over 2,000 unused wells and facilities in the ageing basin over the next decade, an industry group said on Tuesday.The cost burden for plugging wells and removing platforms…

Brazil: No Gato do Mato Offshore Field FID in Next 12-24 Months, FPSO Firm Says

Nov 21, 2022

Shell's Brazilian subsidiary Shell Brasil Petróleo will not be making final investment decision (FID) on its Gato do Mato oil and gas field development offshore Brazil within the next 12 to 24 months. This is according to FPSO leasing firm BW…

Fugro Wins Survey Deal at U.S. Offshore Wind Project

Nov 21, 2022

Community Offshore Wind, a U.S. joint venture between RWE Renewables and National Grid, has awarded Fugro an offshore survey contract to support site appraisal and concept design activities in the New York Bight. The joint venture was last year…

Noble Corp. Jack-up Rig Gearing Up for CO2 Storage Work in Denmark

Nov 21, 2022

Offshore drilling company Noble Corporation said Monday that its recently acquired Noble Resolve jack-up rig was preparing to carry out the first-ever CO2 storage under the Danish North Sea seabed as part of Project Greensand.The rig, formerly known as Maersk Resolve…

Norway: Safety Watchdog Launches Investigation into Offshore Platform Fire

Nov 21, 2022

The Norwegian offshore oil and gas safety regulator Petroleum Safety Authority Norway (PSA) has decided to investigate a fire in a transformer on Equinor's Åsgard B platform in the Norwegian Sea. The incident occurred on November 14, 2022.Breaking out in a transformer room…

ADNOC Drilling to Buy Three New Jack-up Rigs for $320M

Nov 21, 2022

UAE-based offshore drilling contractor ADNOC Drilling said Monday it had agreed to buy three 'brand new' premium offshore jack-up drilling rigs for $320 million, 'with further acquisitions in the pipeline.'The company said the rigs would meet…

Saudi Arabia's State Fund Hires Banks for IPO of ADES, Sources say

Nov 21, 2022

Saudi Arabia's sovereign wealth fund is planning an initial public offering (IPO) of oil and gas drilling firm ADES International in Riyadh next year that could fetch more than $1 billion, according to two sources who declined to be identified as the matter is not public…

Norwegian Battery Startup Names Oil Industry Veteran as CEO

Nov 21, 2022

Norwegian startup Morrow Batteries has appointed Lars Christian Bacher, an oil industry veteran, as its new chief executive officer, the company said on Monday. Bacher had spent 30 years at Norway's largest oil and gas firm Equinor, where he held various executive positions…

Current News

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ConocoPhillips Submits $2B Gre

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Digital Threatscape is Rapidly

Martens en Van Oord Purchases Autonomous Survey Vessel From Demcon unmanned systems

Martens en Van Oord Purchases

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