The Biden administration will seek to approve more than a dozen offshore wind projects in the next four years and open new areas for leasing off the coast of California as it seeks to supercharge development of the nascent U.S. industry, an Interior Department official said on Tuesday…
Decom North Sea (DNS), a UK-based offshore decommissioning organization, this month named the winners of its 4th annual Decom Awards, honoring excellence in multiple offshore decommissioning areas.Fraser Moonie, Decom North Sea CEO said: 'The…
Australian oil and gas company Santos has started Phase 3C infill drilling program at the Bayu-Undan field, offshore Timor-Leste.Under the $235 million drilling program, sanctioned in January, Santos will drill three production wells and will develop additional natural gas and liquids reserves…
Simec Atlantis Energy (SAE) has informed that its tidal power generation facility in Naru Island, Japan, has passed the Japanese government's pre-use inspection tests. The site, which features the AR500 tidal turbine installed earlier this year…
Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, while Goldman Sachs said the case for higher prices remained intact even with increased Iran exports.Brent crude oil futures for July were 90 cents…
UK-focused Tailwind Energy said Monday it had agreed to acquire BP's interest in the Shearwater offshore field for an undisclosed fee.BP holds a 27.5% non-operated interest in Shearwater, and Tailwind will acquire the whole stake owned by the British oil major…
Heavy lift and transportation firm Mammoet has acquired the linear winch fleet and associated pipe pulling equipment from J Murphy & Sons' Land & Marine unit.The acquisition includes two 800t capacity linear winches, which Mammoet says are unique…
Carbon Trust said Monday that a joint project was underway to examine the impact of increased monopile size on structural stability.The project, called the Verification of Buckling Assessment and Behaviour in Large Monopiles (VERBATIM) project is a €3 million joint industry initiative…
Peterson Energy Logistics' unit 80:20 Procurement Services has recently won a contract with the oil company Total E&P UK, a subsidiary of the French oil giant Total.The contract scope of 80:20 includes general consumables and ad-hoc material supply…
U.S.-based offshore mooring services firm Delmar Systems on Monday announced the acquisition of the Dutch-based rival Vryhof, consisting of Deep Sea Mooring and Vryhof Anchors. The combined company, with its global footprint and enhanced asset portfolio…
Blustery weather helped Britain to a wind power record in the early hours of Friday morning, provisional National Grid data showed.Between 0200 and 0300 BST Britain's wind farms provided a record 62.5% of the country's electricity demand, beating the previous best of 59…
UK-focused oil company Tailwind has agreed to sell its entire working interest in the Conwy field, offshore the UK, to the Italian oil giant Eni.'Conwy has had an excellent safety and production record under Tailwind ownership but now the asset…
Australia's BHP announced on Friday that it will divest its 35% stake in the Neptune field in the U.S. Gulf of Mexico to Houston-based EnVen Energy Corp. The financial terms of the transaction were not disclosed. BHP has operated the Neptune field for the last 10 years…
U.S.-based oil company Talos Energy, working on a unitization agreement for the giant Zama offshore oil discovery in Mexico with the Mexican oil company Pemex, hopes the final solution will see the company lead the development of the field as the operator…
As Iran gears up to resume oil exports once the United States lifts trade sanctions, former key clients in Japan, South Korea and Taiwan say they'll wait for the U.S. green light before investigating terms under which they might buy Iran's oil again…
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