Latest News - page 1096

 

MHI Vestas Offshore Wind Man to Join James Fisher's EDS as Managing Director

May 20, 2021

Wayne Mulhall, a Senior Director at offshore wind turbine firm MHI Vestas Offshore Wind, will become a Managing Director of EDS HV, part of James Fisher Renewables.EDS HV provides high voltage engineering solutions to the renewables industry…

Calls to Cut Fossil Fuel Spending In Line with with BP's Strategy, CEO Says

May 20, 2021

BP CEO Bernard Looney said on Wednesday that calls for lower investment in oil, gas from an International Energy Agency report the previous day are consistent with the company's strategy. Trillions of dollars will be spent rewriting earth's energy system which sets up business opportunities…

Wintershall DEA Makes Discovery in Norwegian Sea

May 20, 2021

Wintershall DEA Norge, the operator of the production licence 211 in the Norwegian sea has made a gas/condensate and oil discovery at a well located about 12 kilometers north of the Dvalin field, and 270 kilometers north of Kristiansund, Norway…

Woodmac: Energy Transition Creating Uncertainty for $14 Trillion Worth of Oil and Gas Assets

May 20, 2021

Global energy transition is creating uncertainty for an estimated $14 trillion worth of oil and gas assets that have long depended on an indefinite rise in demand to offset risks despite a pandemic boost this year, consultancy Wood Mackenzie said on Thursday…

Salvors Remove Diesel Fuel from Capsized Liftboat Seacor Power

May 19, 2021

Salvage crews have removed all diesel fuel from the tanks of capsized liftboat Seacor Power in the Gulf of Mexico, the U.S. Coast Guard said on Wednesday.Salvors removed approximately 20,363 gallons of diesel fuel from the overturned vessel using the hot tapping method…

Bumi Armada, Shapoorji Pallonji JV to Set Up FSRU in Mumbai Harbour

May 19, 2021

Through a joint venture firm with Shapoorji Pallonji, Malaysian floating production vessel company Bumi Armada has struck a deal to set up and operate a floating storage regasification unit (FSRU) in Mumbai Harbour.SP Armada Clean Energy Ventures Private Limited (SPACEVPL)…

Horisont Energi, Equinor to Develop Carbon Capture and Storage Project in Norway's Arctic

May 19, 2021

Norwegian carbon tech company Horisont Energi and oil and gas group Equinor are to team up to develop a 100 million tonne carbon capture and storage project in Norway's Arctic.Carbon capture and storage has been cited by governments, energy…

Energy Transition: UK Subsea Services Firm Urged to 'Act Now'

May 19, 2021

Experts are advising the UK subsea industry to act now and take advantage of the energy transition, warning that the journey to net-zero is already underway and businesses must keep up with the required change of speed.Subsea UK, the country's subsea services industry association…

VIDEO: Saint Brieuc Offshore Substation Topside Moves Out at Engie Solutions' Yard

May 19, 2021

The giant offshore substation topside being built for the Saint Brieuc offshore wind farm in France was recently moved out at Engie Solutions yard in Hoboken, Antwerp, Belgium, and Engie Solutions was kind enough to share the photos and the video of the operation with Offshore Engineer…

Asia, Australia Snub IEA's Call to Halt new Fossil Fuel Investments

May 19, 2021

Asian energy officials on Wednesday disputed the International Energy Agency's (IEA) call for no new oil, natural gas and coal investments for the world to be able to reach net-zero carbon emissions by 2050, viewing that approach as too narrow…

Nexans to Deliver Umbilicals for Equinor's Offshore Oilfield in Brazil

May 19, 2021

Subsea Integration Alliance, a partnership between OneSubsea and Subsea 7, has awarded offshore cable firm Nexans a contract to deliver umbilicals for Equinor's Bacalhau project offshore Brazil.Under the contract, Nexans will design, manufacture…

UK: OWGP Launches Funding for Local Offshore Wind Supply Chain

May 19, 2021

The UK-based Offshore Wind Growth Partnership (OWGP) has launched a tranche of grant funding and business support for UK offshore wind supply chain companies in a package totaling £4.2 million (~$5.94 million).The package includes a £3.5M ( around $4…

New Contracts Drive Maersk Drilling to Upgrade Financial Guidance for 2021

May 19, 2021

Danish offshore drilling company Maersk Drilling on Wednesday upgraded its financial guidance for the year 2021, on the back of improved contracting performance.'Maersk Drilling continues to demonstrate strong commercial and operational performance…

BP, Eni in Talks to Merge Angola Oil and Gas Operations

May 19, 2021

BP and Eni said on Wednesday they had entered into talks to merge their oil and gas operations in Angola to form one of Africa's largest energy companies.The two companies have signed a non-binding memorandum of understanding and are in discussions…

Fourteen Die Offshore India After Barge Sinks as Cyclone Batters West Coast

May 19, 2021

Fourteen people have died as a barge sank off India's west coast after a powerful cyclone barrelled into the country, authorities said on Wednesday, while Indian navy ships and aircraft scoured waters to locate scores of other missing personnel…

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