Latest News - page 968

 

TenneT's HKZ Transformer Platforms in Dutch North Sea Hit Major Milestones

Mar 30, 2022

Dutch grid operator TenneT has this week installed the topside of the second offshore transformer platform built to serve Vattenfall's Hollandse Kust Zuid offshore wind farm in the Dutch North Sea.Following the installation of the first transformer platform…

Gazprom Offices Targeted in EU Antitrust Raids

Mar 30, 2022

Russian gas company Gazprom's GAZP.MM offices were raided by EU antitrust regulators, a person familiar with the matter said on Wednesday, as the EU watchdog ramped up its investigation into the company's gas supplies to Europe.EU antitrust…

Equinor Hires Eidesvik PSV Viking Prince

Mar 30, 2022

Norwegian offshore vessel operator Eidesvik Offshore said Wednesday it has been awarded a contract for its 2012-built platform supply vessel (PSV) Viking Prince.The deal with Norwegian energy company Equinor is for a firm six-month period, plus options for further extensions…

BSOG to Start Production Offshore Romania From Q2

Mar 30, 2022

Black Sea Oil & Gas (BSOG) will start extracting gas from its Romanian offshore project in the second quarter, later than planned, its chief executive said, warning that continued efforts to amend regulations for producers were undermining investment…

UK Regulator Extends License for North Sea Cambo Oil Prospect

Mar 30, 2022

The British oil and gas regulator has extended by two years the license for the Cambo oilfield prospect in the North Sea which is owned by Shell and Siccar Point, Shell said on Wednesday.'The North Sea Transition Authority has awarded Siccar…

Too Early to Consider Investment in Russia, CNOOC Says

Mar 30, 2022

It is too soon for China's CNOOC to discuss fresh investment in Russia, though its 10% stake in a liquefied natural gas (LNG) project in the Russian Arctic is proceeding normally, Chairman Wang Dongjin said on Wednesday.Wang had been asked if…

OPEC Chief Encourages OPEC+ to Stay the Course

Mar 30, 2022

OPEC Secretary General Mohammad Barkindo said OPEC+ participants should 'stay the course' regarding the group's decisions, ahead of an OPEC+ meeting on Thursday where the group is expected to stick to its existing deal of gradual output increases…

Swire Energy Services Names Harrestrup Head of Commercial for Wind Division

Mar 30, 2022

Since the acquisition of ALL NRG in August 2021, Swire Energy Services Wind division has seen several new senior appointments, with the most recent being that of Jan Harrestrup as Head of Commercial.Leading the commercial team, Harrestrup will be responsible for global business development…

China's CNOOC Reports Record Profit, Output for 2021

Mar 30, 2022

China's CNOOC Ltd posted record annual net profit for 2021, with earnings nearly tripled from 2020, supported by rapidly rebounding oil and gas prices as global energy demand recovered from the pandemic.The state-controlled offshore oil and gas specialist posted a net profit of 70…

Shell Filed Appeal Against Landmark Dutch Climate Ruling

Mar 29, 2022

Energy major Shell has filed its appeal against a Dutch court ruling that ordered the oil, gas and fuel producer to cut its emissions faster in a landmark win for activists turning to courts to force climate action.While Shell had set itself a target to reach net zero carbon neutrality by 2050…

Shell Starts Production from 20,000 boe/d PowerNap Field in U.S. Gulf of Mexico

Mar 29, 2022

Shell has brought online its PowerNap project, a subsea development in the U.S. Gulf of Mexico with an expected production of 20,000 barrels of oil equivalent per day (boe/d). PowerNap is a tie-back to the Shell-operated Olympus tension leg platform (TLP) in the prolific Mars Corridor…

QatarEnergy Buys Into ExxonMobil's North Marakia Offshore Block in Egypt

Mar 29, 2022

Qatari national oil and gas company, QatarEnergy, has agreed with ExxonMobil to acquire a working interest in an exploration block offshore Egypt.QatarEnergy will hold a 40% working interest in the contractor’s share in the North Marakia Offshore Block in the Mediterranean Sea…

Offshore Installation Firm Cadeler Returns to Profit as Annual Revenue Triples

Mar 29, 2022

Offshore wind installation company Cadeler said its 2021 revenue had tripled compared to 2020. The Danish firm also said it had returned to profitability.The revenue for 2021 totaled EUR 61 million, an increase of 212% against EUR 19.5 million in 2020…

Oil Plus Nets North Sea Platform Maintenance Deal

Mar 29, 2022

Oilfield consultancy specialist Oil Plus Ltd a contract with a North Sea operator to develop and deliver a proactive topsides maintenance resilience and equipment reliability program, to help enhance operational efficiency on one of its platforms…

DOF Subsea Clinches Multiple Contracts in Oil & Gas, Renewables Sectors

Mar 29, 2022

Subsea services provider DOF Subsea said Tuesday it had won several new contracts in both the oil and gas and renewables sectors in the North Sea.The projects, to be delivered in 2022, total more than 185 vessel days excluding any optional work…

Current News

DOF Group Awarded Two AHTS Vessel Contracts

DOF Group Awarded Two AHTS Ves

Rosenxt Acquires Zupt LLC

Rosenxt Acquires Zupt LLC

EU Extends Saipem, Subsea 7 Deadline

EU Extends Saipem, Subsea 7 De

EnZed Gets New Zealand’s First Offshore Exploration Permit After Ban Reversal

EnZed Gets New Zealand’s First

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