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Shell Inks Deal with Eco Wave Power for US Wave Energy Pilot

Apr 12, 2024

Swedish-Israeli company Eco Wave Power has entered an agreement with Shell for the development of first-ever United States’ wave energy pilot station at AltaSea’s Premises in the Port of LA.Though Eco Wave Power did not specify the name of the ‘major energy company’ it made an agreement with…

Subsea7 Secures Work with Talos Energy in Gulf of Mexico

Apr 12, 2024

Offshore services firm Subsea7 has secured a ‘sizeable’ contract with U.S. oil and gas company Talos Energy for its Sunspear development in the Gulf of Mexico.The project involves the subsea tie back of one production well at Sunspear to the Prince platform…

ADNOC Recently Eyed BP as Takeover Target

Apr 11, 2024

The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary discussions, people familiar with the matter told Reuters.Abu Dhabi National Oil Company (ADNOC)…

Arctia to Map Offshore Wind Area in Norway

Apr 11, 2024

Arctia Meritaito, a subsidiary of Finland's Arctia, announced it has been awarded a contract by the Norwegian Mapping Authority to perform hydrographic seabed surveying as part of the 2024 Mareano program.Under its contract from the Norwegian Mapping Authority's Hydrographic Service (NHS)…

ExxonMobil Raised Package of CEO Woods to $36.9 Million in 2023

Apr 11, 2024

ExxonMobil Chief Executive Darren Woods received $36.9 million in total compensation for 2023, up nearly 3% from a year earlier, the oil major said in a regulatory filing on Thursday.And in proxy filing ahead of its May 29 annual meeting of shareholders…

Venterra’s GDG to Provide Geophysical Services for Polish Offshore Wind Farm

Apr 11, 2024

Venterra Group's company Gavin & Doherty Geosolutions (GDG), a global offshore wind services provider, has secured a contract to provide early supervisory and investigatory geophysical and geotechnical services for the Baltica 1 offshore wind farm…

PetroNor E&P Strikes Oil at Congo’s PNGF Sud Field Well

Apr 11, 2024

Oil and gas company PetroNor E&P has encountered oil bearing sandstones in a new well drilled by Dixstone Drilling’s Axima jack-up rig at Perenco-operated PNGF Sud field, offshore Congo.The Axima rig started drilling the new Tchibeli North East infill well on February 8 2024…

Woodside Cancels Sale and Retains Ownership of Macedon and Pyrenees Assets

Apr 11, 2024

Australia’s top oil and gas company Woodside has decided to retain its current ownership in the Macedon and Greater Pyrenees assets, after considering the divestment of its interest in the fields offshore Western Australia.Woodside started a…

Tyra Redevelopment: Gas Export Starts from Satellite Field Harald

Apr 11, 2024

The Tyra Redevelopment Project (Tyra II) continues to progress according to plan with the start of processing and export of gas from the Tyra Satellite Harald field.The gas export from the Tyra Satellite Harald field was achieved in the evening of April 10…

Shelf Drilling Barsk Jack-Up on Extended Stay with Equinor Offshore Norway

Apr 11, 2024

Offshore drilling contractor Shelf Drilling has secured a contract extension for the Shelf Drilling Barsk jack-up rig with Equinor for operations at the Gudrun field located offshore Norway.The firm term of the extension is two wells with an estimated duration of 254 days in total…

Stena Forth Drillship Up for Morocco Job as Energean Assumes Operatorship of Two Licenses

Apr 11, 2024

Moroccan authorities have approved the partnership agreement Chariot signed with Energean regarding the interest and operatorship of Lixus and Rissana licences, as Stena Drilling’s Stena Forth drillship gets the job for new appraisal well.The partnership agreements between Chariot and Energean…

Petrobras Finds Oil in Ultra-Deep Waters of Potiguar Basin

Apr 11, 2024

Petrobras has discovered an oil accumulation while drilling the Anhangá exploratory well in the ultra-deep waters of the Potiguar Basin, located in the Equatorial Margin.The well, located in the POT-M-762_R15 concession, is the second discovery in the Potiguar Basin in 2024…

Siem Offshore Chairman Exits with Nine-vessel Purchase

Apr 10, 2024

Kristian Siem, founder and longtime leader of Siem Offshore, is stepping down as chairman of the Norwegian offshore support vessel (OSV) firm after reaching a deal to acquire nine vessels in exchange for his 35% stake in the company.The company…

Enterprise Products Gets Port License for Gulf of Mexico Oil Terminal

Apr 10, 2024

Enterprise Products Partners said on Tuesday it had received a deepwater port license for its Sea Port Oil Terminal (SPOT) in the Gulf of Mexico from an agency of the U.S. Department of Transportation.The project, located near Freeport, Texas…

Platform Fire Slashes Pemex Crude Output by 20,000 BPD

Apr 10, 2024

Mexican Pemex crude oil production is down some 20,000 barrels per day following a fire at an offshore platform on Saturday that left several injured and at least one dead, a source at the state energy company said.While the reduction amounts to a 1% decrease…

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