Industry News

 

EU Eyes Levy on Fossil Fuel Firms to Help Consumers Survive Energy Crisis

Sep 13, 2022

Fossil fuel firms may have to share their excess profits to help European households and industries cope with red-hot energy bills, a draft European Union plan showed on Monday as the cost of the West's 'energy war' with Russia took a growing toll…

Tullow Oil to Delist from Euronext Dublin Bourse

Sep 13, 2022

Africa-focused Tullow Oil said on Monday it would exit Ireland's Euronext Dublin bourse on or around Oct. 10 to cut costs.'It is anticipated the delisting will simplify compliance and regulatory obligations of Tullow and is in line with an overall objective to reduce central costs and its purpose…

WAGO Promotes Cox to New Automation Position

Sep 12, 2022

WAGO, a developer of connection systems in electrical engineering and electronics, announced it has named Jesse Cox as Director of Automation Sales Engineering and Development.Cox has been with WAGO for 10 years, most recently as the Senior Sales and Application Engineer for Linux and IIoT…

GE Can't Make, Sell Haliade-X Offshore Wind Turbines in U.S. Over Patent Infringement

Sep 12, 2022

A Boston federal judge barred General Electric Co on Wednesday from making and selling its Haliade-X wind turbines in the United States, after a jury found in June that the turbines infringed a patent owned by rival Siemens Gamesa Renewable Energy A/S…

TGS Extends Gulf of Mexico OBN Survey

Sep 12, 2022

Offshore seismic data firm TGS today announced Amendment Phase II, a continuation of its ultra-long offset ocean-bottom node (OBN) acquisition in the U.S. Gulf of Mexico. This project extends the first phase of the survey that was acquired to the east in 2018…

Jadestone Energy: No Clear Date for Montara FPSO Output Restart

Sep 12, 2022

Asia Pacific-focused oil and gas company Jadestone Energy has yet to restart production from its Montara Venture FPSO, off Australia, following a shutdown in August. The company said Monday it was 'not in a position to provide guidance on a possible Montara production restart date…

Aker BP Gets PSA Norway Nod to Use Maersk Jack-up Rig in North Sea

Sep 12, 2022

Norwegian oil and gas firm Aker BP has received a Petroleum Safety Authority Norway (PSA) consent to use the jack-up drilling rig Maersk Invincible for drilling activities on the Ivar Aasen field, offshore Norway. The consent includes plugging…

Amplify Energy to Pay $5M to Settle Criminal Charges over California Oil Spill

Sep 12, 2022

California officials [last] Thursday said Amplify Energy Corp agreed to plead no contest to six criminal charges and pay nearly $5 million in penalties and fines in connection with a crude oil spill last year that killed birds and fouled beaches…

Russian Gas Flows to Europe Steady. Nord Stream 1 Pipeline Remains Shut

Sep 12, 2022

Natural gas flows from Russia to Europe along key routes were steady on Monday morning, while the Nord Stream 1 pipeline remained shut.Eastbound natural gas flows through the Yamal-Europe pipeline to Poland from Germany were steady.Exit flows…

Edda Breeze CSOV Visits Oslo

Sep 12, 2022

Edda Breeze, the first of seven of Norway-based Edda Wind's offshore wind service vessels, is visiting Oslo this week.Edda Wind took delivery of the CSOV earlier this year. The vessel was built by Astilleros Gondán shipyard in Spain.The vessel is 88…

Allseas Taps DEME, Van Oord for Offshore Pipeline Project in Australia

Sep 12, 2022

Belgium-based offshore installation firm DEME and Dutch maritime services firm Van Oord have been awarded a contract from Allseas in support of Santos' Darwin Pipeline Duplication Project, located offshore Northern Australia.  The joint venture…

Bladt Industries, Semco Maritime JV to Build Substations for Polish Offshore Wind Farm

Sep 12, 2022

A Bladt Industries and Semco Maritime consortium has been appointed as the preferred supplier of two offshore substations for the Baltic Power offshore wind project in Poland, being developed by a joint venture of ORLEN Group and Northland Power Inc…

Baltic Power Signs Deals to Help Build Offshore Wind Farm

Sep 12, 2022

Baltic Power, a joint venture between Poland's PKN Orlen and Canada's Northland Power, has signed a series of deals to help build a planned wind farm in the Baltic Sea, PKN Orlen said on Friday.PKN said the venture had signed up Germany's Steelwind Nordenham to help with the foundations…

Adamantine awarded blocks in Seychelles

Sep 09, 2022

Adamantine Energy Seychelles, a wholly owned subsidiary of Adamantine Energy, has announced the signing of a Petroleum Agreement (PA) to formally acquire a 100% operated stake in two blocks offshore the Seychelles. The blocks are the Beau Vallon and Junon blocks…

Chevron Gets Stakes in Australian CCS Schemes

Sep 09, 2022

Oil major Chevron has announced it is part of three joint ventures that have been granted permits to undertake evaluation and appraisal work for the potential storage of carbon dioxide offshore Australia.The blocks, including two in the Carnarvon…

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