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Wintershall Dea Awarded License to Store CO2 Under UK North Sea Seabed

Aug 15, 2023

German oil and gas company Wintershall Dea has been awarded a new license - the Camelot - by the UK North Sea Transition Authority (NSTA) to store CO2 under the seabed. The license is for the Camelot area, which is a combination of depleted gas fields and an overlying saline aquifer…

Seadrill CEO on Q2: 'We Delivered Strong Results'

Aug 15, 2023

Offshore drilling rig contractor Seadrill said Tuesday it had generated $414 million in total operating revenues, a sequential increase of $148 million, or 56%, benefitting from contracted rigs acquired as part of the Aquadrill transaction, completed on April 3…

Development Director Named for 100 MW Floating Wind Farm in Scotland

Aug 15, 2023

Salamander, a floating offshore wind joint venture between Ørsted, Simply Blue Group, and Subsea7, looking to develop a 100 MW floating wind farm in Scotland, has appointed Hugh Yendole as development director.Yendole has more than 25 years of experience in the wind industry…

Nymo to Start Construction of Valhall Field Modules. Increases Number of Apprentices

Aug 15, 2023

Norway-based firm Nymo will build advanced equipment for a new platform on the Aker BP-operated Valhall field in the North Sea, off Norway.According to Aker BP, the scope of work ensures high activity, triples the number of apprentices and ensures…

First Jacket Installed at Zhong Neng Offshore Wind Farm

Aug 15, 2023

CDWE has completed the installation of the first jacket of the Zhong Neng offshore wind farm in Taiwan.The Zhong Neng Offshore Wind Project is a 300MW project located off the western coast of Changhua. It is co-owned by China Steel Corporation…

BP Backs Green Hydrogen Start-Up

Aug 15, 2023

BP has invested in a start-up company developing technology seeking to use vapour from heavy industry to sharply reduce the production costs of zero-carbon hydrogen.BP Ventures, the British energy giant's venture capital arm, was among several investors in a $12…

Australia Opens Consultation on Illawarra Offshore Wind Zone

Aug 14, 2023

The Australian government has opened consultation on a new offshore wind zone off the Illawarra, a region on nation’s east coast, south of Sydney.The proposed offshore wind area is 1461 square kilometres with the potential to generate up to 4…

DCA Voices Support for US Offshore Wind Development

Aug 14, 2023

The Dredging Contractors of America (DCA), a trade association representing the U.S. dredging and marine construction industry, said it strongly supports the development of a robust offshore wind industry.“As the industry grows in the United States and along the U…

Equinor Set to Drill Wildcat Well 30/4-4 in North Sea, Off Norway

Aug 14, 2023

The Norwegian Petroleum Directorate (NPD) has granted a drilling permit to Equinor for an exploration well to be drilled in the North Sea.The drilling permit is for the wildcat well 30/4-4, located in the production license 043 FS.Equinor will…

Iran Says Oil Exports Surpass 1.4 Million BPD Target

Aug 14, 2023

Iran's oil exports have surpassed the government's 1.4 million barrels per day target, the head of Iran's Plan and Budget Organisation said on Sunday, according to the semi-official Tasnim news agency. 'Based on Iran's current budget, the government aims at exporting 1…

Strategic Marine Studying Vessel Emissions Reduction

Aug 14, 2023

Singapore-based shipbuilder Strategic Marine announced it has commissioned a study to validate greenhouse gas emissions reduction using the Sea Forrest Green Cabin Energy Saving System, its latest system in collaboration with Sea Forrest.Sea…

Abo FPSO Lease Extended for Two Weeks Again

Aug 14, 2023

Oslo-listed FPSO leasing firm BW Offshore has signed another short-term extension for one of its FPSOs in Nigeria, with the end goal of selling the unit.The company said Monday it had signed a short-term extension for Abo FPSO with Nigerian Agip Exploration Ltd…

FLNG Unit for BP's Tortue Ahmeyim Project Nearing Completion

Aug 14, 2023

The Golar Gimi FLNG unit, being built for BP's Tortue Ahmeyim project in Senegal/Mauritania offshore area, is set to sail away next month.According to Golar LNG, tasked with delivering the unit, the FLNG Gimi conversion works 97% complete. Golar…

BP Chooses TWMA for Up To $15M Mediterranean Sea Drilling Waste Management Deal

Aug 14, 2023

UK-based drilling waste management company TWMA said Monday it had secured a contract worth up to $15 million to support a large-scale oil and gas project for BP in Egypt.TWMA will use its RotoMill drill cuttings processing technology to process…

Hexicon Names Max Ek as Interim CFO

Aug 14, 2023

Hexicon, a floating wind power technology developer, has appointed Max Ek as its interim Chief Financial Officer (CFO), succeeding Anders Rössel whose departure was announced in July. Ek has during the past 2 years worked at Hexicon as Head…

Current News

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Venterra Company, CAPE Holland

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

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