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Malaysia Bid Round 2022: Petronas Offers Exploration Blocks, Discoveries, Late-life assets

Jan 27, 2022

Malaysia's state energy firm Petronas said it was offering 14 offshore exploration blocks, six clusters of discovered resource opportunities (DRO), and one cluster of late-life assets (LLA) in its annual bid exercise launched on Thursday.The…

Shell Gets Approval to Drill at Ormen Lange Field

Jan 27, 2022

Shell's Norwegian subsidiary Norske Shell has received regulatory consent to drill an exploration well in the Norwegian Sea.The Petroleum Safety Authority said Wednesday that Shell would drill the well  6305/5-C-3 H in block 6305/5 in the Production License 209…

Cadeler Secures Work of O-Class Offshore Wind Turbine Installation Vessels

Jan 27, 2022

Offshore wind turbine installation company Cadeler A/S said Thursday it had won an important contract with wind turbine maker Vestas, and entered a reservation agreement with an undisclosed client. 'The agreements ensure optimal utilization…

EU Approves Funding for Northern Lights CCS Project Expansion

Jan 27, 2022

Norwegian carbon capture and storage project Northern Lights is set to receive four million euros from the EU under the Connecting Europe Facility (CEF) funding scheme.The Northern Lights joint venture, owned by Equinor, TotalEnergies, and Shell…

FID Reached for Floating Wind Project in France

Jan 27, 2022

Offshore wind energy developer Ocean Winds and the “Banque des territoires” as shareholders of the Eoliennes flottantes du golfe du Lion (EFGL) project, have reached the Final Investment Decision, committing to the construction of a floating wind project in France…

Equinor's Martin Linge Offshore Field Officially Open

Jan 27, 2022

Norwegian Minister of Petroleum and Energy, Marte Mjøs Persen, will Thursday officially open the Martin Linge field, located in the North Sea, offshore Norway.As previously reported, the field came on stream in June 2021, after years of delays…

Nord Stream 2 Registers German Subsidiary, Certification Still Suspended

Jan 27, 2022

The operator of the Russian Nord Stream 2 gas pipeline has registered a subsidiary for the German part of the pipeline to meet German regulatory requirements, it said on Wednesday, though certification for the project still remains suspended by Berlin…

Wind-powered Offshore Charging Station Completes Sea Trials in Cromarty Firth

Jan 27, 2022

Oasis Marine Power said Thursday it had completed the first stage of testing of its offshore charging station.The Oasis Power Buoy is an offshore mooring and charging station with a zero-emission power source fed from wind turbines. 'Initially…

Tidal Energy Firms Nova Innovation, Sabella Secure 12MW Berth in Wales

Jan 27, 2022

Scottish tidal energy firm Nova Innovation in partnership with the French tidal energy company Sabella has have secured a 12MW berth at one of what has been described as one the world’s largest tidal energy sites off the coast of Holy Island…

Wellesley Drills Dry Well in North Sea, Off Norway

Jan 27, 2022

Oil and gas company Wellesley Petroleum has completed the drilling of the wildcat well 36/1-4 S in the North Sea off Norway, and the well is dry, the Norwegian Petroleum Directorate said Thursday. Wellesley Drilled the well some 40 kilometers…

Nigeria: Panoro Energy Gets Gov't Nod to Sell Aje Field Stake to PetroNor

Jan 27, 2022

Panoro Energy said Thursday it had received government approvals to sell its interest in the OML 113 offshore block in Nigeria to PetroNor.The company will sell its stake in Aje Petroleum which holds a 6.502% participating interest, with 16…

Woodside Exits Myanmar, Flags $138M Profit Hit

Jan 27, 2022

Woodside Petroleum Ltd joined on Thursday multinational oil majors Chevron Corp and TotalEnergies in their plans to exit Myanmar, nearly a year after a military coup plunged the Southeast Asian nation into turmoil.Myanmar has faced unrest since…

NJ Seeks New Wind Institute for Offshore Wind Research

Jan 26, 2022

No, that’s not the clarinet and saxophone sections in the band. New Jersey’s Economic Development Authority (EDA) released an RFP (request for proposals) on January 7 seeking a “qualified entity to conduct a feasibility study for a world-class…

Chevron Shares Hit Record High Ahead of Q4 Results

Jan 26, 2022

Shares of U.S. oil major Chevron Corp on Wednesday hit an all-time high amid a strong stock market rally and ahead of the release of Chevron's fourth-quarter financial results Friday.Shares of most major producers rose after oil touched $90 a barrel for the first time in seven years on Wednesday…

Subsea 7 Scores 'Substantial' Contract at Shenandoah Field in U.S. Gulf

Jan 26, 2022

Offshore oil and gas installation services company Subsea 7 said Wednesday it had scored a contract for subsea installation services related to Beacon Offshore Energy’s Shenandoah Development, located in the U.S. Gulf of Mexico in water depths up to 6…

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DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

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