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First Offshore Wind Substation Installed in France

Aug 19, 2021

Belgian offshore installation firm DEME Offshore said Thursday it had installed the first offshore wind substation in France, at the Saint-Nazaire offshore wind farm site. The installation of the 2,100-ton substation was carried out by Allseas' giant Pioneering Spirit vessel…

Guyana, Suriname Eye Further Drilling from Oil Majors After Discoveries

Aug 18, 2021

Guyana and Suriname expect continued exploratory drilling over the next two years by oil majors in their joint offshore basin after a string of recent discoveries, government officials and corporate executives said at a conference on Wednesday…

Cenertech's New FPSO to be Built to ABS Class

Aug 18, 2021

ABS said Wednesday that the new FPSO ordered by China National Offshore Oil Company Energy and Technology Services  Company (Cenertech) to serve the Lu Feng 12-3 Oilfield would be built to ABS Class.The 100,000 DWT FPSO is the center of a development…

JOG Lets Two North Sea Licenses Expire. No Impact on GBA Farm-out

Aug 18, 2021

UK-based oil and gas firm Jersey Oil & Gas has decided to let two North Sea licenses expire as they're not part of the company's Greater Buchan Area hub project.The licenses in question are P2497 Block 20/4c (Zermatt) and P2499 Block 21/2a (Glenn)…

Schlumberger Introduces Autonomous Directional Drilling

Aug 18, 2021

Oilfield services giant Schlumberger has this week introduced a service called Autonomous Directional Drilling, which, the company says, includes solutions to steer autonomously through any section of the wellbore. According to Schlumberger…

Eneti Wraps Seajacks Acquisition. Exits Drybulk Business

Aug 18, 2021

Eneti, a company until recently known as Scorpio Bulkers, has completed the exit from its bulk carrier business and has also completed the acquisition of Seajacks, boosting its offshore wind ambitions.In its quarterly results release on Tuesday…

iSURVEY to Provide Survey and Positioning Services for Nexans' Offshore Ops

Aug 18, 2021

Offshore power cable manufacturer Nexans has recently awarded iSURVEY a NOK 150 million (around $16,85 million) for survey and positioning services.Majority-owned by Norwegian private equity firm, Norvestor, iSURVEY will support Nexans’ offshore high voltage cable installation projects globally…

Northern Drilling Cancels Drillship Order with DSME. Seeks $90M+ Refund

Aug 18, 2021

Billionaire John Fredriksen-owned offshore drilling company Northern Drilling said Tuesday it had canceled a drillship resale contract with the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).In May 2018, Northern Drilling…

READ Cased Hole Names New MD

Aug 18, 2021

READ Cased Hole, a provider of cased hole logging services and technologies to the global oil and gas industry, has appointed Kevin Giles as its new Managing Director.Prior to this role, Giles spent the last 3 years as READ Cased Hole’s Global Commercial Director…

Lundin Energy Gets Nod for North Sea Wildcat

Aug 18, 2021

Lundin Energy has obtained a license to drill a wildcat well in the production license 976, in the North Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD) has granted the Swedish firm permission for the well 17/8-1.Lundin will use…

Petronas Says Delivers Maiden Carbon Neutral LNG Cargo

Aug 18, 2021

Malaysian oil and gas company Petronas said Wednesday it had delivered its first carbon neutral liquefied natural gas (LNG) cargo to Shikoku Electric.The cargo was delivered from the Petronas LNG Complex (PLC) in Bintulu and was received Tuesday at the Sakaide LNG terminal in Shikoku Island…

Fugro to Conduct Surveys Over Future Offshore Wind Farm Sites in Germany

Aug 18, 2021

Dutch offshore survey services firm Fugro has won a contract to carry out geophysical investigations for Germany's Federal Maritime and Hydrographic Agency (Bundesamt für Seeschifffahrt und Hydrographie (BSH)).'The award is in line with the…

Wood Expects $500M Worth of CCUS Projects Coming to Market in Medium Term

Aug 18, 2021

UK-based engineering firm Wood said Wednesday it expected continued growth in the carbon capture utilization and storage market, with circa $500M worth of potential CCUS projects coming to market in the medium term.'Wood has strengthened its…

Guyana to Increase Oil Royalties and Revamp Contract Terms for Future Oil Projects

Aug 18, 2021

Guyana aims to increase its oil royalties and revamp other contract terms as part of a new profit-sharing agreement (PSA) for future crude and gas projects now in its draft stage, the South American nation's vice president said on Tuesday.The…

Sakhalin Energy: Maintenance Continues at LNG Train 2

Aug 18, 2021

Russian liquefied natural gas producer (LNG) Sakhalin Energy said on Wednesday post-shutdown commissioning was continuing at the second LNG train at its Prigorodnoye production complex.Comprehensive maintenance work, which began on July 9, had been initially due to last around 37 days…

Current News

China Plans to Increase Wind, Solar Generation by 50% in Five Years

China Plans to Increase Wind,

Saipem Marks Neptun Deep Offshore Installation Milestone in Black Sea

Saipem Marks Neptun Deep Offsh

Petrogas Picks Worley for Abeona CCS Project in Dutch North Sea

Petrogas Picks Worley for Abeo

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

QatarEnergy Prolongs LNG Force

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