Oil company Taylor Energy Co LLC agreed to transfer a $432 million cleanup trust account to the U.S. government and pay an additional $43 million to resolve a lawsuit over its role in the longest-running oil spill in U.S. history under a proposed deal filed in New Orleans federal court on Wednesday…
Marianne Wiinholt, CFO of offshore wind developer Ørsted, has decided to step down from her position. Ørstedsaid Thursday it had started the process of identifying the next CFO of Ørsted.'Having served as Ørsted’s CFO for the past 8 years, Marianne…
Brazilian oil company Petrobras, as the operator of the Tupi offshore field, has submitted to the Brazilian National Petroleum, Natural Gas and Biofuel Agency (ANP), the review of the Integrated Development Plan (PD) of the Shared Deposit of Tupi and the Iracema Area…
Norwegian offshore energy engineering and construction services firm Aker Solutions has won a contract with Heerema Marine Contractors to recycle offshore installations from the Heimdal and Veslefrikk fields in Norway.The firm contract follows a letter of intent signed in March 2021…
Norwegian offshore vessel operator Solstad Offshore has said Wednesday it had secured a contract for its Normand Maximus construction support vessel.The contract is with an unnamed 'major energy company.' The contract starts immediately, and…
PGS, a Norwegian marine seismic data acquisition and processing firm, has this week said it has signed a multi-year Data Management as a Service (DMaaS) agreement for multi-client seismic with an unnamed 'major customer.'Under this agreement…
Brazilian oil firm PetroRio has said it has filed with Brazil's National Petroleum Agency (“ANP”) the Declaration of Commerciality of the Wahoo discovery, as well as the Development Plan in exclusive operations.The Wahoo discovery is located at the C-M-101 Block…
Oil and gas company TotalEnergies EP Denmark has awarded Havila Shipping a contract for the platform supply vessel Havila Fanø.The contract is for a firm period of 14 months, with further optional periods. 'The contract is in direct continuation of the existing contract starting today…
The first lifting of oil from Repsol's Yme field in the North Sea, offshore Norway, was completed Wednesday, OKEA, a partner in the project, said.'A total volume of 100,000 barrels was lifted, of which OKEA will be allocated 15,000 barrels.…
SpotOn Energy has acquired AGR Well Management, a Scotland-registered well management division of AGR.As compensation for the transfer, AGR received 20% ownership in SpotOn Energy, which will strengthen the cooperation between AGR and SpotOn Energy going forward…
Norwegian offshore vessel owner Solstad Offshore ASA has received an 87 million crowns (~$9.79 million) grant from Innovation Norway to reduce emissions from its fleet.Including the funds from Innovation Norway, the company plans to invest investing more than 300 MNOK ($33…
TotalEnergies and Simply Blue Group's joint venture, Blue Gem Wind, has filed consent applications for its 100MW Erebus floating offshore wind project.The first-ever consent applications for floating offshore wind in Welsh waters were submitted this week…
Malaysia's Petronas has awarded six of the 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021, an event held annually where Petronas offers oil companies exploration blocks, undeveloped discovered resources…
For any country blessed with easy access to the shallow and windy North Sea, offshore wind will be key to meeting net zero targets. Developing these wind farms is partly a challenge for engineers, but it but also depends on the geology beneath…
UAE-based oil and gas companies ADNOC and TAQA on Wednesday announced a $3.6 billion strategic project to 'significantly decarbonize' ADNOC’s offshore production operations.The companies said the project would see the development and operation of a first-of-its-kind high-voltage…
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