Industry News

 

BSEE: Multiple Factors Behind 2020 Gulf of Mexico Platform Fatality

Jan 19, 2022

The Bureau of Safety and Environmental Enforcement (BSEE) has released an investigation report into an incident that saw a rigger fall to his death through the grating aboard Fieldwood Energy's oil platform offshore Louisiana in May 2020.The incident happened aboard Ewing Bank…

Eco Atlantic Increases Exposure in Canje Block Off Guyana

Jan 19, 2022

Oil and gas firm Eco Atlantic has increased its stake in JHI Associates by acquiring additional 800,000 common shares in JHI in return for 1,200,000 new common shares in Eco.'The purchase of the 800,000 common shares in JHI is expected to be completed on 21st January 2022…

BV to Provide Project Certification for 100MW Celtic Sea Floating Wind Farm

Jan 19, 2022

Bureau Veritas (BV) has said it has been selected to carry out the project certification of Erebus floating wind farm in the Celtic Sea, in Wales, UK.Located 44km from the Pembrokeshire coastline in up to 75 meters water depth, the 100MW Erebus…

Germany Signals it Could Halt Nord Stream 2 Pipeline if Russia Invades Ukraine

Jan 19, 2022

Germany signaled on Tuesday that it could halt the Nord Stream 2 pipeline from Russia if Moscow invades Ukraine, and Western nations rallied behind Kyiv over a Russian troop buildup that has stoked fears of war.Stepping up diplomacy after talks with Russia ended in stalemate last week…

Decarbonization: Seismic Surveyor PGS Nets Another CO2 Storage Survey Gig

Jan 19, 2022

PGS, a Norwegian seismic data company best known for its offshore oil and gas exploration services, is expanding into the carbon capture and storage arena with its second carbon storage survey deal announced in as many days.Namely, a day after…

Murphy Oil Books Valaris Floater for Gulf of Mexico Wells

Jan 19, 2022

Offshore drilling contractor Valaris said Tuesday it had secured two one-well contracts with subsidiaries of Murphy Oil Corporation for its semi-submersible drilling unit Valaris DPS-5.The first contract for the 2012-built offshore drilling rig is in the U…

Transocean's Offshore Drilling Rig to Drill Carbon Injection Well in Norway

Jan 18, 2022

Offshore oil and gas drilling firm Transocean said Tuesday that one of its drilling rigs would later this year be used for a not-so-typical project for an offshore oil rig.Namely, the Norwegian oil firm Equinor plans to use the Transocean Enabler…

Fred. Olsen, Vattenfall to Build 798MW Floating Offshore Wind Farm in Scotland

Jan 18, 2022

Fred. Olsen Seawind and Vattenfall 50/50 partnership was successful as bidder in the Crown Estate Scotland’s ScotWind offshore wind leasing round.The partnership has been awarded the rights to develop a floating offshore wind farm site located 67km off the east coast…

Wintershall Dea Ends Operations in Brazil

Jan 18, 2022

German oil company Wintershall Dea said Monday it had decided to terminate all its operations in Brazil and to close the current office in Rio de Janeiro after the execution of all required measures. 'This decision is the result of a very thorough…

NYK, Knutsen Form Liquefied CO2 Transportation and Storage JV

Jan 18, 2022

Japan's NYK and Norway's Knutsen Group have formed a joint venture company for the commercial development of a liquefied CO2 marine transportation and storage business using the Knutsen developed technology PCO2 which allows transport of liquified CO2 at ambient temperatures…

U.S. Gulf of Mexico: 'Encouraging Result' at Winterfell-2 Offshore Well

Jan 18, 2022

The drilling of Beacon Offshore Energy's Winterfell-2 appraisal well on Block 943 in the Green Canyon area of the U.S. Gulf of Mexico has been completed with the well showing encouraging results, Kosmos Energy, a partner in the project said Tuesday…

Norway: Inflation to Lead to Hefty Cost Increase in Offshore Oil and Gas Goods & Services

Jan 17, 2022

Norway, the world’s top market for subsea tie-back projects in coming years, is facing an inflation-driven cost increase of $6.5 billion on upcoming contract awards for goods and services in the offshore oil and gas industry through 2026, a Rystad Energy report reveals…

Offshore Wind: First Steel Cut for IWS Fleet's Construction Service Operation Vessel

Jan 17, 2022

Norway-based offshore shipowner IWS Fleet said Monday that the first steel had been cut in China for its Construction Service Operation Vessel (CSOV).The steel cutting ceremony was held at the China Merchants Heavy Industry facility in Jiangsu…

DSME Orders Huisman Crane for Eneti's Second WTIV

Jan 17, 2022

Dutch crane builder Huisman has signed a contract with South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) for the delivery of another 2,600mt Leg Encircling Crane (LEC). The deal follows a previous order, in July last year…

Vår Energi, Equinor in North Sea Helicopter-Sharing Arrangement

Jan 17, 2022

Norwegian oil and gas companies Vår Energi and Equinor have recently started a five-year helicopter-sharing agreement in the North Sea to reduce costs and environmental footprint of crew transport.  The agreement for assigning helicopters took effect on January 1…

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