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Ammonia Fuel Cells for Deep-Sea Shipping: A Key Piece of the Zero-emissions Puzzle

Dec 16, 2020

Interest in ammonia-powered fuel cells for the maritime sector is growing, but stakeholders have been hesitant to commit to investments in large-scale systems. Now the ShipFC project is aiming to secure a place for ammonia in the future of deep-sea shipping…

NETSCo, LR Designing Jones Act Wind Turbine Installation Vessel

Dec 16, 2020

Northeast Technical Services Co., Inc. (NETSCo) and Lloyd’s Register North America, Inc. (LR) are working to design and develop a Jones Act compliant wind turbine installation vessel (WTIV) capable of serving the burgeoning U.S. offshore wind sector…

REM Offshore Orders Offshore Wind Vessel

Dec 16, 2020

Norwegian offshore vessel operator Rem Offshore has ordered a Construction Service Vessel for offshore wind operations from Green Yard Kleven shipyard in Ulsteinvik.Havyard Design & Solutions AS is responsible for the design. The vessel, which…

Rosneft Finds 'Unique' Gas Field in the Arctic

Dec 16, 2020

Russian oil and gas giant Rosneft has said it has discovered a new 'unique' offshore gas field in the Arctic with total reserves of 514 bcm of gas and 53 million tons of condensate.Rosneft made the discovery at the Vostochno-Prinovozemelsky-2 license area in the Kara Sea…

DNV GL Scores Work at BHP's Trion FPU

Dec 16, 2020

Australian oil and gas company BHP, working to develop the Trion field offshore Mexico, has hired DNV GL to verify that the new infrastructure built for the Trion project is compliant with local and global safety, as well as other requirements…

Construction Begins for Seagreen Offshore Wind Farm O&M Base

Dec 16, 2020

Construction has started on the Operations and Maintenance base at Montrose Port which will service the recently sanctioned Seagreen offshore wind farm which will be located off the coast of Scotland, UK.Montrose Port was selected by SSE Renewables…

NHV Sells Six H155 Helicopters

Dec 16, 2020

Offshore helicopter services provider NHV Group on Wednesday announced the sale of its remaining H155 helicopters to HeliGlobe (Denmark). The brokerage company entered into the agreement on behalf of their client Air Greenland, NHV said.According to NHV…

Venezuela: PDVSA Starts Oil Transfer from Troubled Offshore Facility to Barge

Dec 16, 2020

Venezuelan state oil company Petroleos de Venezuela has begun transferring crude off of an offshore oil facility where governments in two neighboring countries have voiced concerns about a potential spill, two people familiar with the matter said on Tuesday…

Magseis Fairfield Nets Deepwater OBN Gig in Gulf of Mexico

Dec 16, 2020

Ocean bottom seismic firm Magseis Fairfield has won a deepwater Ocean Bottom Node (OBN) monitor survey in the US Gulf of Mexico.The survey is expected to start in the first quarter of 2021 and run for approximately three months.Magseis Fairfield did not say who the client was…

Biden Set to Announce Picks for Core Climate and Energy Jobs

Dec 16, 2020

U.S. President-elect Joe Biden is close to announcing a slate of Cabinet nominees who will be central to his administration’s sweeping plan to fight climate change, according to sources familiar with the matter.The picks include a diverse list of nominees to head the departments of Energy…

Premier Oil CEO Steps Down from Board Ahead of Chrysaor Merger. New Company Name Revealed

Dec 16, 2020

UK-based oil and gas company Premier Oil, which is set to merge with rival Chrysaor, said Wednesday that its CEO Tony Durrant had stepped down from the Board of Directors, and would step down as CEO at the end of the month.Richard Rose will be the Interim Chief Executive from January 1…

EU to Shift Funding Away from Gas, into Low-carbon Energy

Dec 16, 2020

The European Commission on Tuesday proposed rules to restrict funding for natural gas projects and instead funnel cash into low-carbon technologies to meet climate goals.The EU's 'TEN-E' rules define which cross-border energy projects are eligible…

Will 2021 Breathe Life Back into Asia Pacific Upstream M&A Market?

Dec 16, 2020

2020 has been dismal for upstream dealmakers across Asia Pacific. During a recent conversation with a senior banker in the region, I mentioned that deal activity was so poor this year that as of October, only a sliver over US$400 million and 117 million boe of 2P resources had transacted (vs US$5…

Atlantic Shores Offshore Wind, SJI in Green Hydrogen Collab

Dec 16, 2020

SJI, a Folsom, New Jersey-based energy services holding company has entered a partnership with offshore wind developer Atlantic Shores Offshore Wind to collaborate on a green hydrogen pilot program.The collaboration will research, monitor, and…

Aker Solutions to Hook Up Fifth Johan Sverdrup Platform

Dec 16, 2020

Norwegian oilfield services provider Aker Solutions has won a contract for the hook-up of the fifth platform on the Johan Sverdrup field, offshore Norway.According to Equinor, the operator of the field, at peak the contract will provide jobs for around 1…

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