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Ghana Sees Need for Energy Transition, Still Sees Gas as Key - Deputy Minister

Nov 09, 2021

Ghana's deputy energy minister said on Tuesday that he recognizes the need for an energy transition but still strongly believes that gas will be an important source of energy going forward.Ghana discovered oil in 2007 and began production at the end of 2010…

"Clock ticking" to Achieve Energy Transition - Equinor

Nov 09, 2021

A senior executive for Norwegian oil company Equinor said on Tuesday that the 'the clock is ticking' to achieve an energy transition away from hydrocarbons.'If we don't take action, we'll end up losing out,' Equinor's Senior Vice President for…

FutureOn, Kongsberg Digital in Digital Twin Partnership

Nov 09, 2021

FutureOn, a provider of software solutions for the offshore energy industry, has entered a strategic partnership with Kongsberg Digital (KDI), the digital division of the Kongsberg Group to work on digital twin solutions for renewable energy industry…

JDC's Jack-up Starts Drilling Off Vietnam

Nov 09, 2021

Japanese offshore drilling firm Japan Drilling Company has said that one of its jack-up drilling rigs has started a drilling operation in Vietnam.The rig, HAKURYU-11 rig has kicked off the drilling operation based on a subcontract with PetroVietnam Drilling & Well Services Corporation…

Solstad Offshore, DOF Sell Construction Support Vessels

Nov 09, 2021

Norwegian offshore vessel owners DOF and Solstad Offshore on Tuesday each announced construction support vessel sale deals.DOF Subsea said it had agreed to sell the vessel “Geosund” to an international buyer. The estimated delivery of the vessel to the new owner is in Q1…

Aker BP Makes Non-Commercial Oil Find in North Sea Off Norway

Nov 09, 2021

Norwegian oil and gas company Aker BP has made a minor oil discovery at the well 24/12-7 - known as Lyderhorn East prospect - in the Norwegian section of the North Sea.The Lyderhorn East well was drilled about 17 kilometers southwest of the Bøyla field in the North Sea…

CEO Change at AqualisBraemar LOC

Nov 09, 2021

David Wells, CEO of offshore energy and marine consultancy AqualisBraemar LOC will retire at year-end and step down as CEO of the group. The board of directors has appointed Wells’ co-founder and current COO of AqualisBraemar LOC, Reuben Segal…

Petronas, Exxon to Explore CCS Opportunities in Malaysia

Nov 09, 2021

Malaysia's state energy firm, Petroliam Nasional Berhad (Petronas), said on Tuesday it has partnered with a Malaysian unit of Exxon Mobil Corp to jointly explore opportunities in carbon capture and storage (CCS) technologies in a bid to decarbonize the country's upstream industry…

Viasat Buys Inmarsat for $7.3 Billion

Nov 08, 2021

Viasat agreed to buy British rival Inmarsat on Monday in a $7.3 billion deal to broaden the U.S. based company’s satellite and land-based communications services.The takeover of London-based Inmarsat comes just two years after it was taken private in a $3…

Offshore Wind Vessel Firm Edda Wind Plans Oslo IPO

Nov 08, 2021

Offshore wind vessel company Edda Wind, owned by Wilhelmsen and Østensjø, on Monday announced plan to launch an offering of shares in the company and to apply for a listing on the Oslo Stock Exchange (the “IPO”).Based in Haugesund, Norway, Edda Wind develops…

Polish Firms PGE, Tauron Seek Approval for Offshore Wind Partnership

Nov 08, 2021

Polish state-controlled utilities PGE and Tauron Polska Energia are seeking regulatory approval to create a joint venture to develop offshore wind projects, the companies' representatives told Reuters on Monday.PGE and Tauron, both major power generators and distributors in Poland…

Saudi Arabia: IMI, Zamil in Offshore Support Vessel JV

Nov 08, 2021

International Maritime Industries (IMI), which describes itself as the largest maritime yard in the MENA region, has signed a Joint Venture Agreement with Zamil Offshore to deliver Offshore Support Vessel (OSV) building and maintenance, repair…

BW Offshore's FPSO to Stay in Nigeria for One More Year

Nov 08, 2021

Norwegian floating oil and gas production systems owner BW Offshore has secured a one-year contract extension in Nigeria for one of its FPSOs.The contract, with Addax Petroleum Exploration (Nigeria) Ltd, is for the lease and operation of the FPSO Sendje Berge…

North Field Expansion: QatarEnergy Orders Six LNG Carriers from S. Korean Shipyards

Nov 08, 2021

Qatar's state-run energy firm QatarEnergy, until recently known as Qatar Petroleum, has ordered six LNG tankers, four from Daewoo Shipbuilding & Marine Engineering (DSME) and two from Samsung Heavy Industries (SHI) in support of its North Field expansion project…

Briggs Marine Acquires Majority Stake in ARB Wind

Nov 08, 2021

UK-based offshore services firm Briggs Marine has acquired a majority stake in ARB Wind, a Fife-based, wind industry inspection, testing, and certification company.'ARB Wind has a reputation for providing a high-quality service to wind energy…

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