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Western Gas Targets 2Q Spud Date for 'High-impact' Sasanof-1 Well as All Regulatory Approvals Granted

Feb 03, 2022

Australian oil and gas company Western Gas expects to spud its 'high-impact' Sasanof-1 exploration well on the North West Shelf offshore Australia in the second quarter of 2022. The company said Thursday it had received all the necessary regulatory approvals for the drilling operation…

TrønderEnergi, Blystad Become Shareholders in Odfjell Oceanwind

Feb 03, 2022

Norwegian company Odfjell Oceanwind, which describes itself as the mobile offshore wind pioneer, said Thursday that after a recent private placement of 100 MNOK (~$11,3 million), TrønderEnergi and The Blystad Group became new shareholders in the company…

OSM Takes Over Management of Norside Cetus Vessel

Feb 03, 2022

Maritime and offshore service provider OSM Maritime Group has taken over the ship management of the soon-to-be-converted platform supply vessel Norside Cetus.The vessel will be converted into a walk-to-work vessel, to serve the offshore wind industry…

Eni Makes Gas Discovery in Its First Well Offshore Abu Dhabi

Feb 03, 2022

Italian oil and gas company Eni said Thursday it had made a gas discovery at the well XF-002, being drilled the offshore Block 2 in Abu Dhabi (UAE) in 115 ft of water depth, Eni's first in the block.'The well interim results indicate a range of 1…

Shell Boosts Dividend, Buybacks as Profits Soar

Feb 03, 2022

Shell boosted its dividend and share repurchases on Thursday after its fourth-quarter profits soared to $6.4 billion on the back of higher oil and gas prices.Shell, which moved its headquarters from The Hague to London last month, said it expected…

Siemens Gamesa Replaces CEO; Eickholt to Take the Helm

Feb 02, 2022

Struggling wind turbine maker Siemens Gamesa on Wednesday named a new chief executive for the second time in less than two years, more than 10 days after issuing the latest in a series of profit warnings.Jochen Eickholt, management board member of Siemens Gamesa's German parent Siemens Energy…

Demand for Vessels Capable of Installing Giant Offshore Wind Turbines to Outpace Supply by 2024, Rystad Says

Feb 02, 2022

Offshore wind turbine makers have been working to build increasingly bigger turbines, and the likes of GE, Siemens Gamesa, Vestas, and MingYang have in the past two years or so unveiled designs for giant 14-16MW rated units.It has been said that larger turbines…

First of Four FPSOs Deployed at Petrobras' Mero Field

Feb 02, 2022

The Guanabara FPSO has arrived at the Mero field in the Santos Basin, offshore Brazil, the Brazilian state-run oil company Petrobras has informed.The FPSO, also known as Mero 1, will be the first 'definitive' oil production system at the Mero field…

OPEC+ Sticks to Planned Production Increase Despite Oil Price Rally

Feb 02, 2022

OPEC+ agreed on Wednesday to stick to moderate rises in its oil output, two sources from the group said, despite pressure from top consumers for a bigger increase in supply after crude prices hit seven-year highs.The Organization of the Petroleum Exporting Countries and allies led by Russia…

Norway Approves Equinor's Kristin South Development

Feb 02, 2022

Norway has approved plans to develop several Equinor-operated gas and condensate discoveries in the Norwegian Sea, the ministry for petroleum and energy said on Wednesday.Equinor and its partners plan to invest 6.5 billion Norwegian crowns ($742…

Jan De Nul Group Orders USV for Offshore Surveys

Feb 02, 2022

Marine dredging and installation services contractor Jan De Nul Group has ordered Maritime Robotic's Mariner Unmanned Surface Vehicle (USV) as the first step towards unmanned and autonomous offshore survey operations. Named Beluga 01, after the Beluga whale…

Hydromea's Wireless ROV Tested at TotalEnergies’ FPSO Ballast Water Tank

Feb 02, 2022

Switzerland-based subsea wireless access provider Hydromea has said it has recently successfully trialed EXRAY, its wireless underwater ROV system, in a full ballast water tank on one of TotalEnergies’ North Sea FPSOs.EXRAY was deployed to collect visual inspection data…

Installed on OSV, Survitec's Seahaven Evacuation System Passes Heavy Weather Trials

Feb 02, 2022

Seahaven Advanced Evacuation System , developed by the UK-based marine safety and survival solutions provider Survitec, has successfully passed heavy weather sea trials (HWST), deployed from the offshore support vessel EDT Jane.According to Survitec…

Saudi Aramco Buys Stake in Cognite from Aker BP

Feb 02, 2022

Saudi Aramco has bought a 7.4% stake in Norwegian industrial software group Cognite from oil firm Aker BP, Cognite said on Wednesday.The price for the stake was 'around 1 billion Norwegian crowns,' or about $113 million, an Aker BP spokesperson told Reuters…

W&T Offshore Completes Acquisition of Shallow Water GoM Oil Fields

Feb 02, 2022

W&T Offshore has completed the acquisition of shallow-water U.S. Gulf of Mexico oil and gas fields from ANKOR E&P Holdings Corporation and KOA Energy LP, ahead of schedule.The oil firm has bought oil and gas producing properties in Federal shallow…

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