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Gulf of Mexico Lease Sale Pulls in $191.6 Million

Nov 17, 2021

The Biden administration's auction of oil drilling rights in the U.S. Gulf of Mexico generated more than $190 million in high bids, bringing in more money for taxpayers than any government offshore lease sale since early 2019.The Department of Interior auction came days after the U…

Airbus Delivers First Five-bladed Helicopter for Offshore Wind Operations to HTM

Nov 17, 2021

Helicopter maker Airbus Helicopters said Wednesday it had delivered the first five-bladed H145 helicopter to be used in the offshore wind segment to its client HTM Helicopters in Germany.The aircraft will be operated from one of HTM’s bases at Norden-Norddeich…

Tanjung Offshore Secures $35,9M in PTTEP, Petronas Offshore Contracts

Nov 17, 2021

Malaysian offshore services provider Tanjung Offshore, a subsidiary of T7 Group, has secured two contracts worth a combined value of about RM150 million (around $35,9 million), with oil firms Petronas and PTTEP.For Malaysia's Petronas Carigali…

Asia's First Newbuild SOV Launched in Vietnam

Nov 17, 2021

Asia's first newbuild service operation vessel (SOV) has been launched in Vietnam.The hybrid-electric TSS Pioneer is being built by Vard Vung Tau for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O.S.K. Lines Ltd. (MOL) and Ta Tong Marine Co…

Suriname: TotalEnergies, APA Hit Sub-commercial Oil Volumes at Bonboni Well, SPS-1 Flow Test Successful

Nov 17, 2021

TotalEnergies' Bonboni-1 offshore exploration well in the northern portion of Block 58, offshore Suriname has encountered sub-commercial oil volumes and will be plugged and abandoned. Meanwhile, TotalEnergies, with partners APA Corporation,…

SeaBird Exploration Wins More Work in Asia Pacific

Nov 17, 2021

Norway-based offshore seismic services firm SeaBird Exploration has received a letter of intent for an extension of the ongoing 2D survey in the Asia Pacific region. 'The extension comes on the heels of strong productivity and is a direct continuation…

Report: Germany's Nord Stream 2 Move May Delay Start-up to March

Nov 17, 2021

A German regulator's decision to suspend licensing of the Nord Stream 2 pipeline could delay commissioning of the infrastructure to March 2022, government sources told Reuters.'I expect that the start of Nord Stream 2 could be delayed until March 2022…

Romania: Romgaz Expects to Wrap Exxon Deal in Q1 2022

Nov 17, 2021

Romanian gas producer Romgaz has estimated it will finalize the acquisition of a 50% stake in a Black Sea offshore gas project from Exxon Mobil in the first quarter of next year, its manager Aristotel Jude said on Wednesday.Romgaz will ask shareholders to approve the deal at a meeting on Dec…

No Plans to Join OPEC, Brazil's Energy Minister Says

Nov 17, 2021

Brazil has no plans to join the Organization of the Petroleum Exporting Countries (OPEC) for now, although it is working with the producer group, its energy minister said on Wednesday.Brazilian President Jair Bolsonaro said in 2019 he wanted his country to join OPEC…

Well-Safe Solutions Names Director of Strategy and Business Development

Nov 17, 2021

UK-based offshore well plug and abandonment company Well-Safe Solutions has appointed Chris Hay as Director of Strategy and Business Development.'Chris brings over 16 years of energy industry experience to Well-Safe Solutions, with the majority…

Sea Trials Complete: Mocean Energy's Blue X Wave Energy Machine Returns to Shore

Nov 17, 2021

UK-based wave energy technology company Mocean Energy said Wednesday its Blue X wave energy machine had returned to dock after a successful five-month test period at sea.'In the last few days the 20-meter long, 38-tonne wave machine has been…

Around 300 Workers on TotalEnergies' UK Offshore Platforms Set to Strike

Nov 17, 2021

About 300 employees working for Ponticelli UK and Semco Maritime aboard TotalEnergies' North Sea offshore facilities in the UK have voted in favor of a strike after a dispute over cuts to terms and conditions, Unite the union said Tuesday.Unite’s…

U.S. Offshore Oil Auction Starts Under Court Order, Shadow of Climate Deal

Nov 17, 2021

The Biden administration on Wednesday will auction oil drilling rights to 80 million acres in the U.S. Gulf of Mexico days after joining a global agreement that for the first time targeted fossil fuels as the main driver of global warming.The…

Inmarsat, Maersk Supply Service Strike Deal for Fleet Xpress Digital Portfolio

Nov 17, 2021

Inmarsat, the mobile satellite communications provider, has extended its Fleet Xpress service agreement with offshore vessel owner Maersk Supply Service. The extension includes fleet-wide IoT-based ship management connectivity on separate, dedicated bandwidths…

SBM Offshore to Build Fourth FPSO for Exxon in Guyana

Nov 17, 2021

Dutch FPSO specialist SBM Offshore has won contracts to perform Front End Engineering and Design (FEED) for an FPSO for Exxon's Yellowtail development offshore Guyana. This will be SBM Offshore's largest-ever FPSO.The FEED contract for what will be Guyana's fourth FPSO…

Current News

Lottery System to Decide Who Wins Rights to Giant Danish Offshore Wind Farm

Lottery System to Decide Who Wins Rights to Giant Danish Offshore Wind Farm

Lebanon Re-launches Second Offshore Oil and Gas Round

Lebanon Re-launches Second Offshore Oil and Gas Round

Thai Oil Firm PTT Expands Pharma Business with $475M Alvogen Deal

Thai Oil Firm PTT Expands Pharma Business with $475M Alvogen Deal

U.S. Interior Department Set to Release Federal Oil Leasing Review

U.S. Interior Department Set to Release Federal Oil Leasing Review

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