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Baron Oil Beefs Up Stake in Promising North Sea Block

Oct 11, 2021

Baron Oil has officially increased its stake in a UK North Sea offshore block containing the Dunrobin prospect, dubbed one of the few remaining sizeable undrilled UK North Sea targets.Baron Oil said back in August that oil companies Corallian and Upland…

Southern California: Beaches to Reopen After Offshore Oil Spill

Oct 11, 2021

Beaches in a southern California city that were shut because of an oil spill last week are set to reopen on Monday morning, authorities said in a statement.City and state beaches of Huntington Beach city will reopen as water quality testing…

BW Energy Gets Hold of Two Offshore Blocks in Gabon

Oct 11, 2021

Oil and gas company BW Energy has been provisionally awarded operatorship of two blocks in the 12th Offshore Licensing Round in Gabon.The award by the Direction Generale des Hydrocarbures (DGH) in Gabon is subject to finalizing the production sharing contracts (PSC) with the DGH…

DEME Offshore to Install Foundations at Vineyard Wind 1 Offshore Wind Farm in U.S.

Oct 11, 2021

Belgian offshore installation contractor DEME Offshore, has through its U.S. subsidiary DEME Offshore US LLC, secured a contract for the installation of offshore wind turbine foundations for the Vineyard Wind 1 project in the U.S.Vineyard Wind 1…

US Drillers Add Oil and Gas Rigs for Fifth Week in a Row

Oct 08, 2021

U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row as oil prices soared to their highest since 2014 prompting some drillers to return to the wellpad.The combined oil and gas rig count, an early indicator of future output…

ARV-i: New Subsea Resident Vehicle Set to Launch

Oct 08, 2021

In October, a new class of underwater observation vehicle, the ARV-i, will be launched at Ocean Business 21. New Zealand-based Boxfish Research and Norwegian partner Transmark Subsea developed the autonomous underwater resident vehicle in a joint venture…

Nigeria Incorporates State Oil Firm with $485M Capitalization

Oct 08, 2021

Nigeria's state-oil firm NNPC is now a fully incorporated company in compliance with a new petroleum law, President Muhammadu Buhari said on Friday.Buhari, who is also petroleum minister, signed an oil bill into law last month that had been in the works for nearly two decades…

BlueFloat, Falck Eye Floating Wind Projects in Celtic Sea

Oct 08, 2021

BlueFloat Energy and Falck Renewables said Thursday they were looking into the possibility of developing floating offshore wind farms off the coasts of Cornwall and Wales in the Celtic Sea.The two firms are already partners in potential floating…

GlobalData: Woodside's Acquisition of BHP's Oil Business 'Complicates' ESG Narrative

Oct 08, 2021

Woodside's recent acquisition of BHP's oil and gas business is making its ESG narrative complicated, energy intelligence firm GlobalData said, as BHP's assets it has acquired will boost Woodside's oil production and ultimately lead to a more carbon-intensive product base over the near term…

Horisont Energi Picks Port of Rotterdam as European Distribution Hub for its Blue Ammonia

Oct 08, 2021

Horisont Energi, a company working to develop its blue ammonia project in Norway, has signed a deal with liquid bulk storage company Koole Terminals to develop an ammonia terminal and storage facility at the Port of Rotterdam, for further distribution…

Crowley Opens Rhode Island Office to Support Offshore Wind Ops

Oct 08, 2021

Crowley Maritime Corporation on Thursday opened a new Rhode Island office for its New Energy division, to advance the development and operation of offshore wind energy installations.The new office, the opening of which was announced by Crowley and Rhode Island Governor Dan McKee…

Scana's Seasystems to Provide Mooring Solution for World's First Floating Tidal Energy Array

Oct 08, 2021

Scana’s subsidiary Seasystems has secured a contract for the mooring of the world’s first floating tidal energy array,  the Pempa’q In-stream Tidal Energy Project in Minas Passage in Nova Scotia, Canada. When completed, the project run by Scottish…

World's First: Wärtsila, Eidesvik to Equip OSV with Ammonia-fueled Combustion Engine

Oct 08, 2021

Norwegian offshore vessel owner Eidesvik and Finland-based marine equipment manufacturer Wartsila are going to convert an offshore supply vessel (OSV) to operate with an ammonia-fuelled combustion engine with the required fuel supply and safety system…

Tidewater Plans Bond Offering to Refinance Debt

Oct 08, 2021

U.S. based offshore support vessel owner Tidewater plans to start an offering of USD denominated 5-year senior secured bonds, subject to market and other conditions. 'The Company intends to use the net proceeds from the bond issue towards refinancing…

Cadeler's Wind Osprey Jack-up Selected for German Offshore Wind Projects

Oct 08, 2021

Danish offshore wind installation firm Cadeler has been chosen as a preferred supplier of wind turbine generator installation vessels by Ørsted for the combined Gode Wind 3 & Borkum Riffgrund 3 projects in the German North Sea.The award covers…

Current News

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Venterra Company, CAPE Holland

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Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

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