Latest News - page 256

 

Turkey Warm to Libya's Offshore Exploration Offer

Sep 11, 2024

Turkey is interested in an offer from Tripoli to carry out energy exploration offshore Libya, Turkish Energy Minister Alparslan Bayraktar said on Wednesday.'Libya has offered to us to work with our seismic vessels offshore. Frankly, we are warm to this…

Nearly 40% of US Gulf of Mexico crude oil shut-in by hurricane

Sep 11, 2024

About 39% of crude oil production and 49% of natural gas output in the U.S. Gulf of Mexico were shut on Wednesday as hurricane Francine barreled toward the Louisiana coast, the U.S. Bureau of Safety and Environmental Enforcement said.Francine…

Offshore Driller Seadrill Has Its Sights Set on Asset Acquisitions, M&A

Sep 11, 2024

Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the company's CEO said on Wednesday.Norwegian-born billionaire John Fredriksen lost the control of the company, once the world's largest driller by market cap…

Key Louisiana Energy Port Operations Halted as Hurricane Francine Approaches

Sep 11, 2024

The U.S Coast Guard on Wednesday suspended operations at the offshore energy services hub Port Fourchon, Louisiana, as hurricane Francine bore down on the coast, according to a shipping advisory.The temporary closure of Port Fourchon, home to marine and equipment suppliers to offshore oil producers…

Korea's Hanhwa Sets Out Plan for Full Takeover of Singapore's Dyna-Mac

Sep 11, 2024

South Korean conglomerate Hanhwa Group has offered to acquire all of the shares it does not own in Singapore's Dyna-Mac Holdings, valuing the offshore oil and gas contractor at S$669.2 million ($513.90 million).Hanhwa's units Hanhwa Aerospace and Hanwha Ocean already own a 25…

First Steel Cut for IJmuiden Ver Beta HVDC Offshore Platform

Sep 11, 2024

Transmission system operator TenneT and marine engineering and construction company Seatrium have held a strike steel ceremony at Tuas Boulevard Yard in Singapore, marking the start of construction of offshore platform IJmuiden Ver Beta, one of the first Dutch 2 GW grid connection projects…

TWP Files Onshore Scoping Report for Bowdun Offshore Wind Farm

Sep 11, 2024

Thistle Wind Partners (TWP), a consortium of DEME Concessions, Qair and Aspiravi, has submitted a scoping report for the onshore infrastructure related to its 1 GW Bowdun offshore wind farm in Scotland.The report provides information on the…

Van Oord’s Brand New Calypso CLV Set for Debut at RWE’s Offshore Wind Project

Sep 11, 2024

Van Oord’s new cable laying vessel (CLV) Calypso is gearing up for its debut at RWE’s 1.4 GW Sofia offshore wind farm in the UK.The inter-array cables have been loaded onto Calypso CLV at the Port of Blyth in the UK, ahead of its first job at RWE’s biggest offshore wind…

Partly Electrified Equinor’s Troll Field Starts Operating with Reduced Emissions

Sep 11, 2024

Equinor-operated Troll B and C platforms in the North Sea have become partly powered from shore, which will result in the reduction of annual emissions from the Norwegian continental shelf (NCS) by 250,000 tonnes of CO2.The achievement is in…

Archer Nets Long-Term Drilling Deal with OKEA

Sep 11, 2024

Oilfield services firm Archer has secured a new five-year platform drilling contract with OKEA for work at Brage development, offshore Norway.The new contract has an initial estimated value of $79 million (NOK 850) million over a firm five-year…

ABS to Class and Verify Semisub Production Unit for BP’s Kaskida Project

Sep 11, 2024

American Bureau of Shipping (ABS) has secured a contract from BP to provide classification and engineering verification services for the semisubmersible production unit that will be deployed at Kaskida project in the U.S. Gulf of Mexico.ABS…

Transocean’s Deepwater Atlas Drillship Gets BP’s Gulf of Mexico Job

Sep 11, 2024

Offshore drilling contractor Transocean has secured a contract from BP for its Deepwater Atlas drillship, which will be put to work at U.S. Gulf of Mexico.The 365-day contract, valued at $232 million, also provides for a 365-day option. The program is expected to begin in the second quarter of 2028…

Offshore Charging Station Tested on Hybrid Construction Vessel

Sep 10, 2024

Norwegian lifting and handling specialist Seaonics has tested its Ocean Charger solution on an electric service operation vessel (SOV).High-voltage charging tests were conducted to charge the batteries on Rem Offshore’s diesel-electric hybrid construction SOV…

Exxon CEO Warns Future Shareholder Activists: Follow the Rules

Sep 10, 2024

Exxon CEO Darren Woods on Tuesday had warning words for activist shareholders thinking to emulate those who filed a climate-related shareholder proposal at the largest U.S. oil company.Exxon sued the investors early this year and Woods indicated…

US Gulf Coast Energy Facilities Brace for Storm Francine

Sep 10, 2024

Energy facilities along the U.S. Gulf Coast have begun scaling back operations and evacuating some production sites as Tropical Storm Francine swept through the energy-rich region, and was poised to strengthen into a hurricane later Tuesday…

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MOL Gets ClassNK Approval for

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