Offshore Engineer Industry News News - page 2

 

Norwegian Petroleum Directorate to Start Seabed Surveys for Offshore Wind

May 13, 2022

The Norwegian Ministry of Petroleum and Energy (MPE) has tasked the Norwegian Petroleum Directorate (NPD) with conducting surveys in connection with awarding acreage for offshore wind.The NPD has been given the assignment to plan and implement…

AMSC to Buy Normand Maximus OSCV for $157M. Agrees Charter with Solstad Offshore

May 12, 2022

American Shipping Company ASA (AMSC) has agreed to acquire the Normand Maximus construction support vessel from Maximus Limited, a company controlled by its secured lenders.In parallel with the transaction, AMSC will enter into a long-term bareboat…

Namibia Launches Sovereign Wealth Fund after Offshore Oil Finds Made by TotalEnergies, Shell

May 12, 2022

Namibia on Thursday launched a sovereign wealth fund, months after oil discoveries by TotalEnergies and Shell off its coast.President Hage Geingob said at the launch the Welwitschia Fund would get an initial injection of 262 million Namibian dollars ($16…

Odfjell Drilling Takes Over Management and Marketing of SFL's West Hercules Drilling Rig from Seadrill

May 12, 2022

Norwegian offshore drilling contractor Odfjell Drilling will take over the management of the SFL-owned West Hercules semi-submersible drilling rig from rival Seadrill.Odfjell Drilling said Thursday it had signed a deal with SFL Corporation to…

Sasanof-1 Drilling: Rig Preps, Checks Underway ahead of Offshore Mobilization, Western Gas Says

May 12, 2022

Valaris' MS-1 semi-submersible drilling rig, currently anchored in the Dampier outer harbor in Australia, is on schedule to start tow to the Western Gas' Sasanof-1 location on Monday, May 16, 2022, the oil and gas company said Thursday. 'Western…

BP and Equinor Win CO2 Storage Licenses in UK North Sea

May 12, 2022

Oil and gas companies BP and Equinor have been awarded licenses to store CO2 under the UK North Sea seabed.According to the North Sea Transition Authority (NSTA), which awarded the licenses with an appraisal term of eight years, the Southern…

PGS, TGS in Another Seismic Survey Off Canada, Ahead of November Licensing Round

May 12, 2022

Norwegian marine seismic data companies TGS and PGS said Thursday that they had, as a joint venture, secured pre-funding for the South Bank 3D phase II multi-client project offshore Canada, extending on the South Bank phase I survey acquired in 2020…

Green Groups Sue Canadian Gov't Over Approval of Equinor's Bay du Nord Offshore Oil Project

May 12, 2022

Environmental groups are suing the Canadian government in a bid to overturn its approval of Equinor ASA's huge Bay du Nord offshore oil project, Sierra Club Canada, one of the plaintiffs, announced on Wednesday.The Canadian government approved the $12 billion Bay du Nord project in April…

Ontario Teachers to Invest Up to $1B Macquarie Offshore Wind Unit Corio

May 12, 2022

Major Canadian pension fund Ontario Teachers' Pension Plan has agreed to invest up to $1 billion in a new offshore wind business launched by Australia's Macquarie Group to develop projects around the world, the companies told Reuters on Thursday…

Aker BP Drills Duster at Laushornet Prospect Offshore Norway

May 12, 2022

Norwegian oil company Aker BP has drilled a dry well in the production licence 685, in the Norwegian section of the North Sea, according to the Norwegian Petroleum Directorate.The NPD said Thursday that Aker BP had concluded the drilling of wildcat well 35/4-3…

Windfall Tax on Energy Firms Not the Right Way Forward - UK's PM Johnson

May 12, 2022

British Prime Minister Boris Johnson said on Thursday he did not believe a windfall tax on global energy firms was the right way forward and he wanted to ensure the government did not deter investment by energy companies.A spike in oil prices…

Carolina Long Bay Offshore Wind Lease Auction Results Send Mixed Signals

May 12, 2022

On Wednesday, French oil & gas major TotalEnergies and U.S. utility Duke Energy were declared provisional winners of the two lease areas auctioned by BOEM, the federal agency in charge of offshore wind area leasing and project permitting. Whilst…

BW Ideol, Tohoku Electric In Floating Wind Partnership in Japan

May 12, 2022

Floating wind foundation maker BW Ideol has partnered up with Japanese electric utility Tohoku Electric Power to conduct feasibility studies necessary to jointly develop a commercial-scale floating offshore wind farm off the coast of Kuji city…

BP Bids to Build Two Wind Farms in Dutch North Sea

May 12, 2022

British oil and gas major BP said Thursday it had submitted bids for two offshore wind leases in the Netherlands, with a combined generating capacity of 1.4GW.BP has bid in the tender process for rights to develop the Hollandse Kust (west) Wind Farm Zone (HKW) sites VI and VII…

Total, Duke Are Winners of Latest US Offshore Wind Auction

May 11, 2022

France energy giant TotalEnergies and U.S. power company Duke Energy Corp were the winners of two offshore wind leases in federal waters off the coast of North and South Carolina on Wednesday, the Interior Department said in a statement.Winning bids amounted to $315 million…

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