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Oil Firms Challenge Fieldwood's Reorganization Plan

Jun 04, 2021

Several oil companies are challenging Fieldwood Energy’s proposed reorganization plan, saying it does not appropriately address its environmental obligations.The oil companies, which include Shell Offshore, BP Exploration & Production, ConocoPhillips Company and Marathon Oil Company…

MMT Surveying 'Beacon Wind' Cable Route

Jun 04, 2021

Equinor has awarded Ocean Infinity's MMT a contract for export cable route surveys for the ‘Beacon Wind’ offshore wind farm in the U.S.MMT is performing a combination of geophysical, geotechnical, environmental, and benthic surveys along the export route of Beacon Wind sites 1 and 2…

New Exxon Board Member Brings Business Transformation Experience

Jun 03, 2021

Exxon Mobil's newly elected board member Kaisa Hietala says her work at Finnish refiner and biofuel producer Neste makes her more than just a champion of biofuels, she also has experience transforming a business.Tiny hedge fund Engine No. 1…

Logan Delivers 'Skinny' Coiled Tubing Lift Frame in Trinidad

Jun 03, 2021

Hempstead, Texas-based oil and gas equipment company Logan Industries has said it has delivered a custom-built ‘skinny’ coiled tubing lift frame (CTLF) for an unnamed client in Trinidad.'The job scope involved providing a safe and consistent…

Nord Stream 2 Pipeline Construction Nears Completion

Jun 03, 2021

The Nord Stream 2 gas pipeline under the Baltic Sea is almost complete with just 100 kilometers (62 miles) left to build, TASS news agency quoted Russian deputy prime minister Alexander Novak as saying on Thursday.'We hope that construction…

Edda Wind Lands Dogger Bank Wind Farm Contract for Newbuild CSOV

Jun 03, 2021

Offshore wind vessel firm Edda Wind said Wednesday it had won a contract to support the commissioning and construction of the first two phases of the giant Dogger Bank wind farm in the UK.'Edda Wind and Dogger Bank Wind Farm have agreed on a new contract for the newbuild CSOV Edda TBN C490…

Limited Window of Opportunity: Israel Thinking of Rolling Back Gas Export Limits

Jun 03, 2021

Israel is considering rolling back export limits on natural gas, allowing energy companies to sell more abroad before demand wanes in the global market, according to a draft government report.Fewer restrictions could attract more energy groups to explore Israeli waters…

Maersk Drilling Secures More Work for Offshore Rig in Brazil

Jun 03, 2021

Danish offshore drilling firm Maersk Drilling has secured a two-well contract extension for one of its drilling rigs in Brazil.The contract, for the Maersk Developer semi-submersible drilling rig, is with Karoon Energy, which on Thursday announced…

VIDEO: Floating Solar Plant Starts Operation in Albania

Jun 03, 2021

The first of four Ocean Sun floating solar plants started operation Wednesday at the Statkraft Banja reservoir in Albania.The floater is located on Statkraft’s 72-megawatt hydropower plant and is now generating renewable energy and injecting the power into the Albanian national electricity grid…

Lukoil CEO Expects OPEC+ to Raise Oil Output

Jun 03, 2021

Vagit Alekperov, the head of Russia's second-largest oil company Lukoil, said on Thursday that he expects the group of leading oil producers, known as OPEC+, will decide to raise output at its meeting next month.In an interview with Reuters…

Ørsted to Recycle, Reuse Wind Turbine Blades

Jun 03, 2021

Offshore wind farm developer Ørsted said Thursday it would work to either reuse, recycle, or recover all of the wind turbine blades in its global portfolio of onshore and offshore wind farms upon decommissioning.Mads Nipper, CEO of Ørsted said…

Excelerate's FSRU Starts Operations in Argentina's Bahia Blanca

Jun 03, 2021

Excelerate Energy’s floating storage and regasification unit (FSRU) the Exemplar has begun operations in Bahia Blanca, a port city located 400 miles south of the Argentine capital Buenos Aires.The Exemplar, with a storage capacity of 150,900 m3…

Five Firms Selected For North of Tyne Offshore Wind Innovation Program

Jun 03, 2021

Five companies in the North of Tyne region of England have been selected to present their offshore wind solutions to the offshore energy industry players EDF Renewables and Equinor as part of the Technology, Innovation & Green Growth for Offshore…

Equinor Drills Duster Near Wisting Discovery in Barents Sea

Jun 03, 2021

Norwegian oil and gas firm Equinor has drilled a dry exploration well near the Wisting discovery in the Barents Sea, offshore Norway.According to the Norwegian Petroleum Directorate, the exploration target of the well was to prove petroleum…

Bourbon Offshore to Manage DRASSM Subsea Research Vessels

Jun 03, 2021

Offshore vessel operator Bourbon Offshore Surf has won a tender for the supply and management of the crew and nautical activities of the deep-sea vessels owned by the French Department of Underwater Archaeological Research (DRASSM) Alfred Merlin and André Malraux…

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