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Egypt's Gas Production Steady, Offshore Drilling Expansion Planned

Feb 14, 2023

Egypt's gas production is set to remain stable in the current year at 6.4 billion cubic feet (bcf) per day, but the country has ambitious offshore exploration plans, the head of state-run operator EGAS said on Tuesday.'For 2024 and 2025, we have a very good…

DNV's JiP Aims to Save Time and Money for Offshore Wind Stakeholders

Feb 14, 2023

DNV is launching a project to develop a decision tool and reference for stakeholders to use during the specification, design, manufacture, procurement, and approval of any equipment intended for the installation and decommissioning of bottom-fixed wind turbines…

Russia Says NATO Should Hold Emergency Summit over Nord Stream Blasts

Feb 14, 2023

NATO should hold an emergency meeting to discuss recent findings about September explosions at the Nord Stream gas pipelines, Russia's Foreign Ministry spokeswoman Maria Zakharova said late on Saturday.Investigative journalist Seymour Hersh…

ASSO Subsea Charters Rem Offshore's New CSOV

Feb 14, 2023

Norwegian offshore vessel owner Rem Offshore has secured a charter contract with ASSO Subsea for its newbuild CSOV Rem Power.The vessel will support the construction phase of offshore wind farms, providing welfare and transfer services to personnel…

Seaway 7 Wins Multi-million Dollar Offshore Wind Contract

Feb 14, 2023

Subsea 7's renewable energy focused subsidiary Seaway 7 said Tuesday it had won a large offshore wind contract. For Seaway 7, “large” contracts are worth between $300 million and $500 million.The client hasn't been named, but the contract is…

Østensjø Rederi to Manage, Operate Hyundai's Edda Fortis Flotel

Feb 14, 2023

After canceling its order for the vessel years ago, Østensjø Rederi has now announced that it will manage and operate the flotel Edda Fortis.The Norwegian offshore vessel operator, through its subsidiary Edda Accommodation ordered the Edda Fortis from the Hyundai shipyard in 2013…

History Made: Energean Announces First Ever Israeli Crude Oil Export

Feb 14, 2023

Oil and gas company Energean on Tuesday announced the first ever lifting of an Israeli crude oil cargo had taken place at Energean's Karish offshore field. 'For the first time in the history of Israeli oil & gas production, hydrocarbon liquids will be exported to global markets…

UK: Carbon Storage Project Delays Offshore Wind Farm Decision

Feb 14, 2023

Britain has delayed until mid-July a decision on whether to grant permission for Orsted's giant Hornsea Four offshore windfarm, whose footprint on the sea floor partially overlaps that of a BP-led carbon capture project. The planned 2.6-gigawatt…

Tullow Oil's Ghana Unit Files for Arbitration on Tax Dispute

Feb 14, 2023

Tullow Oil said on Tuesday its Ghana unit filed for arbitration in London over two tax assessments the West Africa-focused oil producer received from local authorities.The tax assessments Tullow disputes amount to $387 million relating to a period from 2010 to 2020…

UK North Sea: Over 700 Bilfinger Workers Balloted for Strike in Pay Dispute

Feb 13, 2023

About forty offshore installations in the UK North Sea could be affected by strike action by Bilfinger workers beginning in early April 2023, over a pay dispute.Unite the union, a workers' rights union in the UK, said Friday that more than 700…

New York Offshore Wind Facility Could Create 420 Direct Jobs

Feb 13, 2023

Wind turbine maker Siemens Gamesa said Monday it planned to build a major offshore nacelle manufacturing facility in New York state. The construction of the plant depends on Siemens Gamesa's wind turbines being selected by the New York authorities in their third offshore wind solicitation…

Talos Energy Completes EnVen Acquisition

Feb 13, 2023

Talos Energy Inc., a U.S.-based offshore oil and gas producer, has completed its previously announced acquisition of EnVen Energy Corporation ('EnVen'). Talos, which owns oilfields in both the U.S. side and the Mexican side of the Gulf of Mexico…

Offshore Support Vessels in High Demand as Solstad Secures New Deals, Extensions

Feb 13, 2023

Norwegian offshore support vessel owner Solstad Offshore said Monday it had secured multiple new contracts and contract extensions.The contracts and extensions are for various platform supply vessels and anchor handling tug supply vessels.'The…

Russia Likely to Spy More on Norway's Energy Industry, Say Norway Security Police

Feb 13, 2023

Russia will seek to gather more intelligence about Norway's oil and gas infrastructure as part of an effort to put pressure on European energy supplies, the Nordic country's police security agency (PST) said in its annual threat assessment on Monday…

Edda Wind Daughter Craft for Dogger Bank Offshore Wind Farm

Feb 13, 2023

Norwegian offshore service operation vessel provider and operator Edda Wind has launched the Boreas Worker daughter craft crew transfer vessel (CTV).The vessel, designed by Chartwell Marine, has been built by Alicat Workboats, on behalf of Astilleros Gondan…

Current News

Shell Seeks Buyer for 20% Stake in Brazilian Oilfield Cluster

Shell Seeks Buyer for 20% Stak

VAALCO Energy Spuds First Well in New Drilling Campaign off Gabon

VAALCO Energy Spuds First Well

US Judge Overturns Trump’s Freeze on Wind Energy Permits

US Judge Overturns Trump’s Fre

EnerMech Gets Onboard Woodside’s Pluto Train 2 LNG Project

EnerMech Gets Onboard Woodside

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