Australia's Woodside [Energy] has changed tack on plans to sell assets to help fund its $11 billion Scarborough gas project, now targeting infrastructure investors instead of energy companies amid a slump in oil and gas prices.Woodside said…
Penguin Shipyard in Singapore is building a 27-meter catamaran wind farm service vessel for Farra Marine, the Irish operator's first. Construction commenced in September, and the vessel, named Farra Orla, is expected to be delivered in the second quarter of 2021…
A new notation and new guidance launched by ABS amid the COVID-19 pandemic aims to help marine and offshore operators reduce transmission of disease, the classification society said Tuesday.The ABS Guide for Mitigation of Infectious Disease…
Chrysaor, a UK-North Sea focused oil and gas company, has tendered a license application for the purpose of storing CO2, and will, in parallel, seek agreement for a storage lease with The Crown Estate for the storage of CO2 in a depleted Southern North Sea gas reservoir…
Coronavirus vaccines are expected to boost international passenger transportation and oil consumption, but the first significant impact will not be felt until well into the second half of 2021, based on futures price movements on Monday.Brent…
Norwegian oil firm Equinor has awarded the three largest oilfield services firms, Baker Hughes, Halliburton, and Schlumberger, contracts for drilling and well services on its Bacalhau field in Brazil.The total value of the three contracts is estimated at $455 million…
World Energy Reports' Phillip Lewis discusses recent developments driving global offshore wind markets, including booming activity in the U.S., plans for new, larger installation vessels and advances in floating turbine technology.
Dutch offshore installation firm Heerema Marine Contractors has said that its heavy lift vessel Aegir has completed the installation of North Oil Company’s Al-Shaheen Gallaf 1 Project.Heerema was contracted for the transportation and installation…
Offshore engineering and construction firm McDermott has won a contract to provide front end engineering and design (FEED) services for the INPEX-operated Ichthys Liquified Natural Gas Field Development, off Australia.The contract is for a booster compression module FEED with optional engineering…
Dutch maritime heavy lift and transportation services firm Jumbo has completed the first of two contracts supporting two of Subsea 7’s EPIC projects for Total in Angola: CLOV MPP and Zinia Phase 2.The company's Jumbo Vision vessel was used for the first campaign…
The floating offshore wind industry, currently at its beginnings, is set for massive growth in the years to come, which has now led the classification society DNV GL to released the first integrated rule set for floating offshore wind structures…
Mediterranean-focused oil and gas firm Energean said Tuesday the size estimate of its gas fields off Israel has been increased to 729 MMboe, following the completion of an independent Competent Persons Report by DeGolyer and MacNaughton.The CPR report which certifies 98…
Australian oil and gas company Beach Energy has made a gas discovery at Enterprise 1 well in license VIC/P42(V) in the nearshore Victorian Otway Basin, Australia.The Enterprise 1 was spud from an onshore location, 3.5 km from Port Campbell and 8 km from the Otway Gas Plant…
Renewable energy companies EDP Renewables and Engie, which in July combined their existing and planned offshore wind efforts to form a new company, Ocean Winds (OW), have now launched the U.S. arm of this new company: OW North America.OW CEO…
Norway's Simon Møkster Shipping has won a new contract for its Stril Mariner offshore vessel.The contract, starting this month, is with the Norwegian oil company Aker BP. The vessel is expected to stay with Aker BP for three months.Stril Mariner…
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