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BlueFloat Boosts Gippsland Wind Plan to 2GW

Sep 08, 2022

BlueFloat Energy and Energy Estate have said they will expand the proposed capacity of their Greater Gippsland Offshore Wind Project in Australia from 1.275 GW to 2.085 GW.The so-called Southern Winds bottom-fixed project is located in the Bass Strait…

Santos to Study More CCS Options

Sep 08, 2022

Australian oil and gas firm Santos has been awarded permits to undertake evaluation and appraisal work for the potential storage of carbon dioxide in the offshore Carnarvon and Bonaparte basins, off the coast of Western Australia, the company announced today…

Oil Prices Rise on Specter of Europe Energy Rationing

Sep 08, 2022

Oil prices climbed on Thursday, paring some of their steep losses in the previous session, as the potential for an energy standoff between European nations and Russia overshadowed fears of recession and rising inflation.Brent crude futures LCoc1 rose by 25 cents or 0…

Pipeline Agreement for Chariot's Anchois

Sep 08, 2022

Africa-focused oil and gas company Chariot it has signed a pipeline tie-in agreement that takes it a step forward in unlocking its Anchois gas project offshore Morocco. The agreement was signed with the Office National des Hydrocarbures et des…

Reach Subsea Adds Strategic Brazil Contract

Sep 08, 2022

Norway-based subsea services provider Reach Subsea has recently signed contracts amounting totally in excess of NOK 200 million, including an important strategic contract in the Brazilian market, which was signed yesterday (7 Sept). The contract…

Shell Extends Maersk Drillship Stay in Mexico

Sep 08, 2022

Shell has exercised an option to extend the provisioning of the 7th generation drillship Maersk Voyager for drilling services offshore Mexico. The contract extension is expected to commence in April 2023, in direct continuation of the rig’s current contract…

Transocean Awarded Two Contracts for Deepwater Asgard

Sep 07, 2022

Offshore drilling contractor Transocean on Tuesday announced it has secured two drilling contracts for its ultra-deepwater drillship Deepwater Asgard in the U.S. Gulf of Mexico.The two awards, which come from separate operators and are worth about $181 million combined…

UK Oil and Gas Producers Call for More Investment to Ease Energy Crunch

Sep 07, 2022

Britain’s oil and gas industry body called for new drilling licenses in the North Sea and rapid investment in the sector to mitigate the impact of high prices on consumers as the country grapples with the worst energy crisis in decades.The incoming…

Bristow Tallies Multi-year SAR Contract from Equinor

Sep 07, 2022

Offshore helicopter firm Bristow Group announced an award from energy company Equinor to provide search and rescue services offshore at the Johan Sverdrup and Statfjord B platforms, located in the Norwegian North Sea off the west coast of Norway…

East Timor Prods Australia on Long-stalled Gas Project

Sep 07, 2022

Indonesia, South Korea, Japan and China could all be interested in investing in a long-delayed gas project in the waters between East Timor and Australia crucial to the Asian nation's future, East Timor President Jose Ramos-Horta said on Wednesday…

New UK PM Truss Wants More North Sea Production

Sep 07, 2022

Britain's new prime minister, Liz Truss, said on Wednesday she wanted to see more extraction of oil and gas from the North Sea and more investment in nuclear power.Speaking at her first prime minister's question time in parliament, Truss said…

Head of Croatian Oil and Gas Company INA to Resign

Sep 07, 2022

Croatian oil and gas company INA said on Wednesday Sandor Fasimon, president of INA's management board, is to step down from his post.Last month, Croatian authorities accused an organised crime gang of defrauding INA of 1 billion kuna ($131…

Russia Says Output Recovery at Sakhalin 1 Depends on Exxon

Sep 07, 2022

Russia's energy minister said on Wednesday the recovery of oil production at the Sakhalin-1 oil and gas project in Russia's Far East would depend to a large extent on the position of ExxonMobil, Russian news agencies reported.ExxonMobil said…

Siemens Energy Places 960 Million Euro Convertible Bond to Fund Siemens Gamesa Deal

Sep 06, 2022

Siemens Energy said on Tuesday it has a placed 960 million euro ($949.63 million) mandatory convertible bond to help fund its takeover bid for wind turbine maker Siemens Gamesa.It expects settlement of the notes to take place on or around Sept…

Vestdavit Develops Innovative Davit for Esvagt SOV Newbuild

Sep 06, 2022

Vestdavit has developed an innovative heavy-duty davit for larger offshore wind workboats to be delivered for a green-fueled service operation vessel (SOV) newbuild as part of a multiple davit contract with Esvagt.Danish shipowner Esvagt earlier…

Current News

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Venterra Company, CAPE Holland

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

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