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Coast Guard Medevacs Oil Worker from Platform Off Louisiana

Feb 28, 2022

The U.S. Coast Guard medevaced an oil platform worker last Thursday near Breton Sound, Louisiana.Coast Guard Sector New Orleans watchstanders received a notification at approximately 6:25 p.m. from the oil platform Breton Sound 21 of a  worker sustaining serious injuries to the arm…

Talos Energy to Seek Approvals for Several Carbon-capture Projects

Feb 28, 2022

U.S. offshore oil producer Talos Energy Inc on Friday said it aims to file permit applications for several carbon capture projects this year, a key step to developing carbon sequestration hubs along the Gulf Coast.Talos is developing plans to…

Atlanta Field Drilling: Enauta Agrees Contract Extension for Alpha Star Offshore Rig

Feb 28, 2022

Brazilian oil company Enauta said Friday that it had exercised the option for the Alpha Star drilling rig to drill two wells for Atlanta’s Full Development System, in the Santos Basin, offshore Brazil.As previously reported, Enauta said earlier…

Equinor to Withdraw from Russian Joint Ventures over Russian Invasion of Ukraine

Feb 28, 2022

Norwegian oil and gas company Equinor said Monday it had decided to stop new investments into Russia and to start the process of exiting Equinor's Russian Joint Ventures.'We are all deeply troubled by the invasion of Ukraine, which represents a terrible setback for the world…

Neptune Energy Spuds Hamlet Wildcat Near Gjøa Field, Off Norway

Feb 28, 2022

OIl and gas company Neptune Energy has started drilling on the Hamlet exploration well in the Norwegian part of the North Sea.The well, formally named well 35/9-16S is being drilled by the Deepsea Yantai semi-submersible drilling rig, owned by China's CIMC and operated by Norway's Odfjell Drilling…

Wake Up Call: UK Minister Kwarteng Welcomes BP's Exit from Rosneft

Feb 27, 2022

Britain's business secretary Kwasi Kwarteng said on Sunday he welcomed BP's decision to exit its 19.75% stake in Russian state-controlled oil firm Rosneft in the wake of Russia's invasion of Ukraine.'Russia's unprovoked invasion of Ukraine…

BP to Abandon Stake in Russia's Rosneft at cost of $25B over Ukraine Invasion

Feb 27, 2022

BP said on Sunday it plans to abandon its 19.75% stake in oil giant Rosneft in the wake of Russia's invasion of Ukraine, marking an abrupt and costly end to 30 at times fraught years operating in the oil-rich country.The British oil and gas giant did not say how it planned to exit its stake…

Six Developers Emerge as Winners in Historic $4.4B NY Bight Offshore Wind Lease Sale

Feb 26, 2022

The Bureau of Ocean Energy Management's (BOEM) New York Bight auction concluded February 26, 2022, a sale where six bidders committed to payments of close to $4.4B in total for the right to develop wind lease areas offshore New York and New Jersey…

Third Day of Bidding: U.S. Offshore Wind Auction Nears $4B

Feb 25, 2022

The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey continued to shatter all records on Friday, reaching over $3.8 billion with one single block fetching over $1 billion.The auction, which began on Wednesday…

Viking Supply Ships' AHTS Quartet Deal with Russian Client Hangs in Balance

Feb 25, 2022

Swedish offshore vessel operator Viking Supply Ships said Friday its contract for four anchor handling tug supply (AHTS) vessels announced earlier this month could be postponed or canceled due to the Russian invasion in Ukraine. Viking Supply…

Seatools Delivers Deep-sea mineral Collection Equipment for Allseas' 'Hidden Gem'

Feb 25, 2022

Subsea technology company Seatools has delivered deep-sea mineral collection equipment for Allseas' Hidden Gem seabed mining ship.Seatools was responsible for the engineering, manufacturing, and qualification of the electronics, instrumentation…

BASF Ready to Push Through Wintershall Dea IPO Against LetterOne's Opposition

Feb 25, 2022

BASF, co-owner of Nord Stream 2 backer Wintershall Dea, said it was prepared to push through an initial public offering of the oil and gas business next year if its joint venture partner LetterOne upholds its opposition to the transaction.'Given…

VIDEO: Coast Guard Rescues Nine People From Burning Jack-up Rig in Texas

Feb 25, 2022

The U.S. Coast Guard rescued nine people Thursday from a burning jack-up drilling rig near Sabine Pass, Texas.Coast Guard Sector Houston-Galveston watchstanders received a notification at 12:51 p.m. from the dredging vessel Ohio that the Pride…

Sumitomo Electric, Seaway 7 in APAC Offshore Wind Collab

Feb 25, 2022

Sumitomo Electric, a Japanese manufacturer of electric wire and optical fiber cables, has signed a memorandum of understanding with offshore wind installation firm Seaway 7 with the intention to collaborate on offshore wind projects in Japan and the wider Asia-Pacific region…

Eni Brings Online Ndungu EP Oil Project Offshore Angola

Feb 25, 2022

Italian oil company Eni has started production from the Ndungu Early Production (EP) development offshore Angola.The field, located in Block 15/06 of the Angolan deep offshore has been developed via the Ngoma FPSO vessel.'The start-up of Ndungu EP is yet another example of how Eni Angola…

Current News

DeepOcean Awarded IMR Contract Extension by Equinor

DeepOcean Awarded IMR Contract

BOEM Initiates Process for Potential Mineral Lease Sale Offshore Virginia

BOEM Initiates Process for Pot

Jumbo Scoops Two Offshore Wind Contracts

Jumbo Scoops Two Offshore Wind

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

Wood Nets Long-Term Maintenanc

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