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GE Names Rahul Ghai as New Senior Vice President and CFO

May 18, 2023

GE said Thursday that Rahul Ghai would become Senior Vice President and Chief Financial Officer of GE effective September 1, 2023, succeeding Carolina Dybeck Happe. Ghai will assume this role in addition to his current responsibilities as Chief Financial Officer of GE Aerospace…

Quattro Energy Gets More Time to Secure Funding for North Sea Block Acquisition

May 18, 2023

United Oil & Gas has agreed to allow Quattro Energy more time to secure funding that will allow the companies to complete the North Sea block sale and purchase deal struck in January 2023.United Oil & Gas in agreed on the conditional sale of…

UK Union Signs Deal with China’s CNOOC

May 18, 2023

Britain's Unite union on Thursday said it had signed a recognition deal with offshore operator China National Offshore Oil Corporation (CNOOC), covering around 140 workers on the Buzzard, Scott, and Golden Eagle platforms in the North Sea.CNOOC…

Helix Q7000 Sets Sail Ahead of Severe Storm Forecast, Embarking on Tui Oil Field Decommissioning

May 18, 2023

Helix Energy Solutions' semi-submersible vessel Helix Q7000 which earlier this week arrived in Port Taranaki, New Zealand, ahead of its planned decommissioning work at the Tui offshore field, has already set off from the port ahead of a forecasted significant storm event…

UK Offers 20 Offshore Carbon Storage Licenses to 12 Companies

May 18, 2023

Twelve companies were awarded a total of 20 licenses to develop carbon dioxide (CO2) storage offshore, in Britain's first licensing round for such projects, the North Sea Transition Authority (NSTA) said on Thursday.Britain aims to use carbon capture and storage (CCS) technology…

Third Medical Evacuation in Three Months: Coast Guard Assists Ailing Crewmember on Solitaire Pipelayer

May 18, 2023

The U.S. Coast Guard medevaced a crewmember from Allseas' pipelayer Solitaire Tuesday approximately 13 miles south of Port Fourchon, Louisiana.Coast Guard Eighth District and Coast Guard Sector New Orleans command center watchstanders received…

Aramco Names Presidents for Upstream and Downstream Businesses

May 18, 2023

Saudi Arabian oil giant 2 Aramco on Thursday named Nasir al-Naimi and Mohammed Al Qahtani as presidents of its upstream and downstream businesses, respectively, in a move designed to support the company's growth plans. The newly created positions and appointments…

Saipem Nets $850M Worth of Offshore Contracts in the Black Sea and North Sea

May 18, 2023

Italian offshore engineering and construction firm Saipem has won two new offshore contracts in the North Sea and the Black Sea, worth $850 million in total.One contract is for an Engineering, Procurement, Construction and Installation (EPCI) project in the Black Sea…

Environment Agency Rejects Petrobras' Request to Drill at Amazon River Mouth

May 18, 2023

The Brazilian environmental protection agency Ibama said on Wednesday it had rejected a request from state-run oil company Petrobras to drill a well at the mouth of the Amazon River.The much-awaited decision follows a technical recommendation by the agency's experts to reject the proposal…

ExxonMobil Considers Recycling Australian Infrastructure into Carbon Capture Hub

May 18, 2023

A major oil and gas project could convert and recycle infrastructure for carbon capture utilisation and storage (CCUS), the APPEA 2023 Conference & Exhibition in Australia was told on Thursday.ExxonMobil CCS Facilities Engineering Lead Alan…

Alliance Says No Link Between Offshore Wind Surveys and Mammal Deaths

May 18, 2023

The EnerGeo Alliance has sent a letter to New Jersey Governor Philip Murphy and Assemblyman Christopher Tully, Chairman of the state’s Committee on Science, Innovation and Technology in advance of the Assembly’s hearing on marine mammal deaths scheduled for Thursday May 18…

EMEC, Partners Win Funding to Advance Hydrogen Production and Storage

May 17, 2023

The European Marine Energy Center (EMEC) in Scotland, said Wednesday ti was part of four project consortia that have won funding totaling over £500,000 to conduct feasibility studies supporting the development of novel hydrogen production, storage…

TetraSpar Demonstrator Launches Floating Wind Innovation Challenge

May 17, 2023

The shareholders of the TetraSpar Demonstrator floating wind project, Shell, TEPCO Renewable Power, RWE and Stiesdal Offshore, have launched an innovation challenge to accelerate the technical advancement of floating offshore wind.To encourage…

XLCC Concludes Model Testing for Its New Cable Layer

May 17, 2023

U.K. based cable company XLCC announced it has completed model testing on its new cable laying vessel (CLV) in the Netherlands.XLCC has partnered closely with the vessel designer Salt Ship Design, who has planned the vessel from conception using 3D engineering software…

Greece: Alexandroupolis Port Gets $26M EU Funding

May 17, 2023

Greece has secured 24 million euros ($26 million) in European Union funding to upgrade its northern Aegean Sea port of Alexandroupolis, privatization agency HRADF said on Wednesday.Alexandroupolis, which is close to Bulgaria and Turkey, has been used by U…

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