Industry News

 

RWE Files Bid for Up to 1.5GW Offshore Wind Site in Polish Baltic Sea

Oct 06, 2022

German renewable energy firm RWE has submitted a bid for the up to 1.5-gigawatts (GW) offshore wind site in the Polish section of the Baltic Sea, located around 75 kilometers off the coast of Ustka, as part of a competitive process for an offshore wind seabed permit within 53…

PTTEP Taps Technip Energies for FEED at Lang Lebah Gas Plant with CO2 Capture

Oct 06, 2022

Thai oil company PTTEP has selcted Technip Energies to perform Front-End Engineering Design (FEED) of the Lang Lebah OnshoreGas Plant 2 (OGP2) project located in Bintulu, Sarawak, in Malaysia. The FEED contract covers the design of an onshore…

Shelf Drilling Wins Contract Extension for Newly Bought Jack-up Rig

Oct 06, 2022

Shelf Drilling, an Oslo-listed offshore drilling services firm, has obtained a two-year contract extension for the Noble Sam Turner jack-up rig, which is a direct continuation of its present contract in Denmark.The contract has been secured by way of a priced option exercise by the customer…

Norway Hikes Tax on Oil Industry by NOK 2B in 2023

Oct 06, 2022

Norway's center-left government said on Thursday it planned to raise taxes on the country's oil and gas industry by 2 billion Norwegian crowns ($191 million) in 2023 by partly reversing an incentive package introduced during the coronavirus pandemic…

Noble Corporation Sells Five Jack-up Rigs to Shelf Drilling

Oct 06, 2022

Offshore drilling company Noble Corporation has completed the sale of five jack-up drilling rigs,  the Noble Hans Deul, Noble Sam Hartley, Noble Sam Turner, Noble Houston Colbert, and Noble Lloyd Noble, to Shelf Drilling for $375 million.The…

Crowley Wraps Salem Harbor Acreage Buy to Create Offshore Wind Port Terminal

Oct 05, 2022

Crowley has completed the purchase of 42 acres in Salem, Massachusetts, the latest milestone toward the development of the state’s second major offshore wind port terminal.The Salem Harbor Wind Terminal is a public-private partnership between Crowley and the City of Salem…

QatarEnergy to Be the Largest LNG Trader Over Next 5-10 years - Minister

Oct 05, 2022

QatarEnergy CEO and state minister for energy Saad al-Kaabi said on Wednesday that his company will become the world's largest trader of liquefied natural gas (LNG) over the next 5-10 years, a position that is currently held by Shell. Following Russia's invasion of Ukraine…

Offshore Drilling Workers Plan Strike in UK

Oct 05, 2022

Labour union Unite Scotland said on Wednesday that more than 300 offshore drilling and contract maintenance workers employed by companies including Maersk and Odfjell have backed a strike action in the UK.The Unite union said the industrial…

New Energy Saving System for Subsea 7's Seven Arctic Vessel

Oct 05, 2022

Offshore installation services company Subsea 7 said Wednesday that its heavy construction/flex-lay vessel Seven Arctic would be equipped with a new energy-saving system. The new energy-saving and storage system will hybridise the vessel which…

Decommissioning: Petrofac Takes Northern Endeavour FPSO Operatorship

Oct 05, 2022

Oilfield services firm Petrofac has officially taken over operatorship of the Northern Endeavour FPSO on behalf of the Australian Government, following the decommissioning contract award earlier this year.The Northern Endeavour FPSO is currently moored between the Laminaria and Corallina oil fields…

CorPower Ocean, Maersk Supply Service Install Subsea Export Cable for Wave Energy Project in Portugal

Oct 05, 2022

CorPower Ocean, a Sweden-based developer of wave energy converters, and Danish offshore vessel owner Maersk Supply Service have installed a 6.2km subsea export cable off the coast of northern Portugal to energize CorPower Ocean's HiWave-5 Project…

Dolphin Drilling Wins $96M Offshore Rig Contract in Nigeria

Oct 05, 2022

Offshore drilling company Dolphin Drilling has secured a 12-month offshore drilling rig contract with Nigeria-based General Hydrocarbons Limited (GHL). The contract is worth $96 million.The contract is for the 1974-built Blackford Dolphin semi-submersible drilling rig…

REGENT, TotalEnergies Testing Use of Seagliders for Offshore Travel

Oct 05, 2022

REGENT, a company developing an electric seaglider for sustainable high-speed maritime travel , and TotalEnergies, a French oil and gas giant, have partnered up to explore the use of REGENT’s all-electric seaglider for maritime travel to offshore wind and oil platforms…

U.S. Offshore Wind Developer Names Its First CEO

Oct 05, 2022

Atlantic Shores Offshore Wind, a 50/50 partnership between Shell New Energies US LLC and EDF Renewables North America, has appointed Joris Veldhoven as the company’s first Chief Executive Officer.The joint venture is working to develop offshore wind projects on the U…

Exxon Working on Sakhalin-1 Exit

Oct 05, 2022

Exxon Mobil XOM.N is working with its partners on the U.S. company's exit from the Sakhalin-1 oilfield in eastern Russia, its head of upstream operations said on Tuesday. Production from the giant field, which Exxon operates and in which it owns a 30% stake…

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