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Shareholder Battle for Exxon's Future Nears Climax

May 26, 2021

Exxon Mobil Corp's bid to stave off a tiny activist fund challenging its board and response to growing climate concerns is too close to call just hours before the oil giant's annual meeting, people familiar with the matter said.Exxon's 12 directors…

Shell Books Floatel's Accommodation Rig for Malampaya Work

May 26, 2021

Oil major Shell has chartered an offshore accommodation rig from the Swedish company Floatel for work in the Philippines.Floatel said Tuesday that Shell Philippines Exploration had awarded it a contract for the Floatel Triumph accommodation unit…

DNV Certifies Dolphin Drilling's Efforts to Reduce Environmental Footprint

May 26, 2021

Offshore drilling contractor Dolphin Drilling said Wednesday it's become 'the first company of its kind' to secure Energy Management System ISO 50001:2018 certification.The company, which owns a fleet of offshore drilling rigs, said the certification…

Turkey's Foreign Minister Set to Visit Greece

May 26, 2021

Turkey's Foreign Minister Mevlut Cavusoglu said he will visit Greece on May 31 as the NATO members seek to improve ties after a dispute last year that stoked regional tensions, Turkish media reported on Wednesday.Tensions flared last year over…

Landmark Ruling: Dutch Court Orders Shell to Deepen Carbon Cuts

May 26, 2021

A Dutch court on Wednesday ordered Royal Dutch Shell to significantly deepen its planned greenhouse gas emission cuts, in a landmark ruling that could pave the way for legal action against energy firms around the world.At a courtroom in The Hague…

Australia: Sparrows to Maintain Cranes on Chevron's Wheatstone, Gorgon Facilities

May 26, 2021

Sparrows, a provider of energy industry engineering and maintenance services, has been awarded a contract by Chevron Australia to work on the Gorgon and Wheatstone natural gas projects.Sparrows said Wednesday it would support the safety and…

BSEE Investigating Fatal Incident on GoM Platform

May 26, 2021

The U.S. offshore safety regulator BSEE has formed a panel to investigate a fatal incident that happened earlier this month at a Fieldwood Energy-operated oil platform, in the Gulf of Mexico, offshore Louisiana.As previously reported, an offshore worker died on Saturday…

Oil Firms in Norway Raise Spending Forecasts

May 26, 2021

Oil and gas firms in Norway have increased their 2021 and 2022 investment forecasts during the last three months as more projects are being developed, a national statistics office (SSB) survey showed on Wednesday.The biggest business sector in Norway now expects to invest 181…

Benthic Wraps Geotechnical Survey at Santos' Dorado Site

May 26, 2021

Benthic, part of Acteon's geoservices division, has said it has completed geotechnical site investigation services for Santos at the Dorado field off the coast of Western Australia.Benthic said this week that the work at the Dorado site involved…

Biden: Sanctions Against Nord Stream 2 Would Harm European Relations

May 26, 2021

U.S. President Joe Biden on Tuesday said he decided to waive sanctions against the company behind the Nord Stream 2 gas pipeline because the project was nearly complete, and doing so could have harmed ties with Europe.Biden, who is preparing…

SSE to Invest $10.6B in Low-carbon Projects

May 26, 2021

British renewable power generator and network operator SSE Plc said on Wednesday it was on track to invest 7.5 billion pounds ($10.6 billion) in low-carbon projects up to 2025.The company turned its focus to renewable power generation and networks…

U.S. Identifies Two Areas Offshore California for Wind Farm Development

May 26, 2021

The Biden administration will seek to approve more than a dozen offshore wind projects in the next four years and open the Pacific Ocean off California to such development as it seeks to bolster the nascent U.S. industry, officials said on Tuesday…

RWE, Equinor, Norsk Hydro JV to Bid in Norway's First Offshore Wind Tender

May 26, 2021

German energy firm RWE has joined forces with Norwegian peer Equinor and metals maker Norsk Hydro to take part in Norway's first offshore wind tender, the companies said on Wednesday.The acreage where the tender is held is known as Soerlige Nordsjoe II…

UK: Serica Energy Hits Snag at Columbus Offshore Well. Needs to Re-Drill It

May 25, 2021

Serica Energy, a UK-based oil and gas company focusing on the North Sea, has hit a snag with its Columbus development well and will have to re-drill it, which will cost an extra £3 million (USD 4.23 million).The company spudded the well in mid-March…

US to Review 16 Offshore Wind Project Plans, Advance New Lease Areas by 2025

May 25, 2021

The Biden administration will seek to approve more than a dozen offshore wind projects in the next four years and open new areas for leasing off the coast of California as it seeks to supercharge development of the nascent U.S. industry, an Interior Department official said on Tuesday…

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