Industry News

 

Equinor's Hammerfest LNG Plant Extends Outage

Jan 31, 2022

Norway's Hammerfest LNG plant faces a further delay before restarting production following a fire in 2020, Equinor and Norwegian gas system manager Gassco said on Monday.The plant, operated by Equinor, is now expected to resume output on May 17…

PGS Nets 4D Survey Gig in Gulf of Mexico

Jan 31, 2022

Norwegian marine seismic survey company PGS said Monday it had won a contract for a 4D survey in the Gulf of Mexico.PGS said it would use a Ramform Titan-class vessel for the project. The survey is expected to begin late February and en in late March…

James Fisher Launches Decommissioning Business Line JF Decom

Jan 28, 2022

Marine and offshore services firm James Fisher has this week launched its new business line James Fisher Decommissioning (JF Decom).The company said that the newly formed division would support the decommissioning needs of customers in the renewables…

Chevron Kicks Off Oil Industry's Q4 Results With a Miss

Jan 28, 2022

Chevron Corp on Friday reported a fourth-quarter profit, which missed estimates by analysts on weaker than expected oil and gas production that outweighed gains from recovering prices. Its shares slid in pre-market trade.The first major oil…

Vantage Drilling to Manage Another Aquadrill Offshore Drilling Rig

Jan 28, 2022

Offshore drilling firm Aquadrill- ex-Seadrill Partners - has signed an agreement with Vantage Drilling for Vantage to manage and market its ultra-deepwater semi-submersible drilling rig Aquarius.Ihab Toma, CEO of Vantage stated 'We are delighted…

Oil Workers Race to Protect Beaches from Spill Offshore Thailand

Jan 28, 2022

Hundreds of workers set up oil barriers along beach fronts in Thailand's eastern Rayong province on Friday as authorities raced to limit the environmental damage from gallons of oil that leaked from an underwater pipeline earlier this week.The…

Shell's Head of Renewables Steps Down

Jan 28, 2022

Shell's head of renewable energies Elisabeth Brinton has stepped down less than two years after taking the reins of the business which the company seeks to rapidly grow as part of its strategy to reduce greenhouse gas emissions.Brinton, who joined Shell in 2018…

RWE Signs Deal to Build Thor, Denmark's Largest Offshore Wind Farm

Jan 28, 2022

German renewable energy giant RWE has this week signed a 30-year concession agreement with the Danish Energy Agency (Energistyrelsen) for the rights to build and operate Denmark's largest offshore wind farm to date, the 1GW Thor. The wind farm…

Peru Prosecutors Seek Travel Ban for Repsol Execs amid Offshore Oil Leak Probe

Jan 28, 2022

Peruvian prosecutors requested on Thursday that the president and three other executives of Spanish oil firm Repsol SA's local refinery be barred from leaving Peru for 18 months while a probe into an oil leak is under way.Repsol's La Pampilla refinery…

U.S. Judge Annuls Gulf of Mexico Oil Auction Over Climate Impact

Jan 28, 2022

A federal judge invalidated the results of an oil and gas lease sale in the Gulf of Mexico on Thursday saying the Biden administration failed to properly account for the auction's climate change impact.The decision has cast uncertainty over the future of the U…

Oil Platform Inspection: Wood Gets Funding for Autonomous Robotics Project in Canada

Jan 27, 2022

UK-based energy industry engineering services company Wood has received funding in Canada under the Newfoundland and Labrador Offshore Oil and Gas Industry Recovery Assistance Fund for an autonomous robotic inspection and maintenance project…

Intelatus Formed Through WER-IMA Merger

Jan 27, 2022

Long-serving marine, energy and industrial market consultancies International Maritime Associates and World Energy Reports have merged to form Intelatus Global Partners.While Intelatus is a new name, its team of business consultants has nearly…

Malaysia Bid Round 2022: Petronas Offers Exploration Blocks, Discoveries, Late-life assets

Jan 27, 2022

Malaysia's state energy firm Petronas said it was offering 14 offshore exploration blocks, six clusters of discovered resource opportunities (DRO), and one cluster of late-life assets (LLA) in its annual bid exercise launched on Thursday.The…

Cadeler Secures Work of O-Class Offshore Wind Turbine Installation Vessels

Jan 27, 2022

Offshore wind turbine installation company Cadeler A/S said Thursday it had won an important contract with wind turbine maker Vestas, and entered a reservation agreement with an undisclosed client. 'The agreements ensure optimal utilization…

EU Approves Funding for Northern Lights CCS Project Expansion

Jan 27, 2022

Norwegian carbon capture and storage project Northern Lights is set to receive four million euros from the EU under the Connecting Europe Facility (CEF) funding scheme.The Northern Lights joint venture, owned by Equinor, TotalEnergies, and Shell…

Current News

Equinor’s First Hybrid Power Complex Starts Operations

Equinor’s First Hybrid Power C

Ocean Winds Hires Seaway7 for Offshore Wind Job in Poland

Ocean Winds Hires Seaway7 for

Oman’s Block 50 Offshore Drilling to Advance After $25M Funding Raise

Oman’s Block 50 Offshore Drill

Vissim to Provide Vessel Collision Avoidance System for Qatari Offshore Field

Vissim to Provide Vessel Colli

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine