Latest News - page 344

 

Australia's Carnarvon Energy Seeks Bids for Company or Asset Sale

May 17, 2024

Australian oil and gas explorer Carnarvon Energy is seeking a buyer for the company or its assets, including its share in the Dorado oil field co-owned with local producer Santos, a document prepared by adviser JPMorgan showed.The company's strategic review…

Doris, Rosen and Spiecapag Team Up to Repurpose Natural Gas Pipelines for Hydrogen

May 17, 2024

Doris, Rosen and Spiecapag have joined force to create the Pipeline Transition Alliance, a partnership dedicated to re-purposing natural gas infrastructure to hydrogen service.As part of the alliance, Rosen will be responsible for pipeline inspection…

Hy2gen USA and Ocean Connect to Explore Hydrogen Production from Offshore Wind

May 17, 2024

Hy2gen USA, the U.S. subsidiary of German-based green hydrogen producer Hy2gen, and Ocean Connect Energy (OCE) have signed a memorandum of understanding (MoU) to jointly investigate the potential to power renewable hydrogen production from offshore wind…

Saipem Secures $850M Contract from Eni-BP Joint Venture Offshore Angola

May 17, 2024

Italian offshore energy services firm Saipem has secured a contract from Azule Energy, a joint venture between Eni and BP, for the development of Ndungu field as part of Agogo Integrated West Hub Project, offshore Angola.Saipem’s scope of work entails the engineering…

Nearly $1 Billion Dedicated to US Floating Wind Development

May 17, 2024

The U.S. departments of Energy (DOE), Interior, Commerce, and Transportation has released a report summarizing their progress toward the goals of the Floating Offshore Wind Shot™, an interagency initiative to drive U.S. leadership in design…

New Studies Highlight Offshore Wind Energy Potential in the Gulf of Mexico

May 16, 2024

The Bureau of Ocean Energy Management (BOEM) has released two new studies on offshore wind energy in the Gulf of Mexico.The first study, “Gulf of Mexico Offshore Wind Energy Hurricane Risk Assessment” analyzed hurricane risk to wind turbines operating in the Gulf of Mexico…

Empire Wind 1 Gets New York Construction Approval

May 16, 2024

Norwegian energy company Equinor has received approval from the New York State Public Service Commission to start building its Empire Wind 1 offshore wind farm, Governor Kathy Hochul said on Thursday.Electricity generated from offshore wind farms is important to U…

Philly Shipyard Lays Keel for Great Lakes' Subsea Rock Installation Vessel

May 16, 2024

Philly Shipyard has laid the keel for Great Lakes Dredge & Dock Corporation's subsea rock installation vessel, Acadia—the first Jones Act compliant rock placement vessel for the U.S. offshore wind industry.A May 2 keel-laying ceremony saw the vessel's first grand block loaded into the building dock…

New Petrobras CEO Pressed on Shipbuilding Reboot, Jobs

May 16, 2024

The next chief executive of Petrobras, Magda Chambriard, arrives with the résumé and mandate to make Brazil's state-run oil firm what it was under prior Workers Party governments: an engine of job creation and industrial development, said people familiar with the matter…

Seadrill to Sell its Qatar Jack-up Fleet

May 16, 2024

Offshore drilling contractor Seadrill on Thursday announced it has reached a deal to sell its three-rig fleet of jack-ups in Qatar.The definitive agreement will see Seadrill sell the rigs West Castor, West Telesto and West Tucana, as well as…

Anchoring Ops for FPSO Atlanta Start Offshore Brazil

May 16, 2024

Oil and gas company Enauta has started anchoring operations for the floating production storage and offloading (FPSO) unit Atlanta in Santos Basin, offshore Brazil.As planned, the FPSO Atlanta arrived at Atlanta Field in Santos Basin on May 11…

Wind Power LAB Releases LASSIE to Fend Off Lightning Damage at Wind Farms

May 16, 2024

Danish-based Wind Power LAB (WPL) has launched an innovative lightning surveillance tool tailored to combat strike damages to wind farms through early detection of potential risk.The new Lightning Analysis Service, known as LASSIE, is said to…

Brunvoll to Equip REM Offshore's Next-Gen Subsea Construction Vessel

May 16, 2024

Brunvoll has signed a contract with Myklebust Verft shipyard for the delivery of a thruster package to REM Offshore’s new energy subsea construction vessel (ESCV).The contract is for one vessel with an additional vessel as an option.Brunvoll…

EnBW Kicks Off Construction on Germany’s Largest North Sea Offshore Wind Farm

May 16, 2024

In the next few days, one of the world’s largest floating cranes from Heerema Marine Contractors, named Thialf, will install the first foundations at EnBW’s 960 MW offshore wind farm, being built in German North Sea.The He Dreih wind farm is…

Expro Acquires Drilling Tools and Wellbore Services Firm Coretrax

May 16, 2024

U.S.-based oilfield services provider Expro has completed the acquisition of U.K. company Coretrax, expanding its market presence and product offerings.The acquisition of Coretrax, from an investment group led by Buckthorn Partners, will enable…

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