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TRIG Buys Stake in Hornsea One Offshore Wind Farm

Mar 17, 2022

The Renewables Infrastructure Group (TRIG) has acquired a 7.8% stake in the huge Hornsea One wind farm located off England's Yorkshire coast, it said on Thursday.TRIG bought the stake from Global Infrastructure Partners for an undisclosed sum…

Shore Power On, Engines Off for Heerema's Giant Crane Vessels Sleipnir and Thialf

Mar 17, 2022

Offshore installation company Heerema Marine Contractors said Thursday that its largest semi-submersible crane vessels, Sleipnir and Thialf, recently switched from using their engines to using Shore Power in the Port of Rotterdam.'The successful…

Rovco Invests in SMD's EV Work Class ROV

Mar 17, 2022

Subsea equipment maker Soil Machine Dynamics Ltd (SMD) and offshore services provider Rovco have signed a Letter of Intent for next-generation EV Work Class ROV (WROV) technology.Under the deal, announced Wednesday, SMD will provide Rovco with a new Atom EV high-performance electric WROV…

Serica Energy Restarts Production from North Sea Gas Field

Mar 17, 2022

UK-based oil and gas company Serica Energy has resumed production from its Rhum gas field in the UK North Sea, following a shutdown in February.As previously reported, Serica on February 28 said it had paused production from the Rhum gas field…

Equinor Exploring Ways to Further Boost Gas Output, Says Executive

Mar 17, 2022

Equinor is looking at further options to increase gas production from its fields off Norway in the short term after receiving a permit to produce more from the Oseberg, Troll, and Heidrun fields, a senior executive said on Wednesday.'We're looking into several other options…

Harbour Energy's Post-merger Cashflow Rises to $678M

Mar 17, 2022

Harbour Energy, the British North Sea's biggest oil and gas producer, reported on Thursday free cash flow of $678 million for 2021 in its first full-year results after its merger with Premier Oil, up from a pro-forma $562 million in 2020.It forecast that…

Eneti's Seajacks Secures NW Europe Offshore Wind Charter

Mar 17, 2022

Seajacks UK Limited, a provider of installation and maintenance vessels to the offshore wind sector, and a subsidiary of Eneti, has secured a contract in NW Europe.Eneti said Tuesday that the contract was with a global original equipment manufacturer…

Saipem Nets $325M Offshore Drilling Deal with Aker BP

Mar 17, 2022

Norwegian oil and gas company Aker BP has awarded Italy's Saipem an offshore drilling contract worth $325 million.Saipem said Thursday the operations under the three-year contract, to be carried out by the Scarabeo 8 semi-submersible drilling rig…

Brazil's President Hints at Potential Replacement of Petrobras CEO

Mar 16, 2022

There is a possibility of replacing Petrobras' chief executive, Brazil's President Jair Bolsonaro said on Wednesday, adding further pressure to the state-run oil company's pricing policy.In an interview with regional TV channel, Bolsonaro said…

Spain Detains Yacht Thought to Be Owned by Rosneft CEO

Mar 16, 2022

Spanish authorities on Wednesday detained a mega-yacht called 'Crescent' that is believed to belong to Igor Sechin, the sanctioned chief executive of Russian oil giant Rosneft, a police source told Reuters.The 135-metre-long yacht, described…

'Largest Ever': Huge Leg Encircling Crane Installed on Jan De Nul's New Jack-Up

Mar 16, 2022

Offshore installation contractor Jan De Nul has informed that its newbuild offshore jack-up installation vessel Voltaire has been fitted with what it says is the world's largest leg encircling crane.The vessel, being built for offshore wind and decommissioning work…

Repsol Uses Enhanced Drilling's Riserless Mud Recovery System at Yme Field

Mar 16, 2022

Norwegian offshore drilling technology company Enhanced Drilling said Wednesday that Spanish Repsol had signed up to use its RMR Riserless Mud Recovery system in the Norwegian part of the North Sea in a multi-well deal due to start in May 2022…

Qatar Opens Barzan Gas Plant

Mar 16, 2022

Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, earlier this week inaugurated the Barzan Gas Plant in a special ceremony held today at Ras Laffan Industrial City.The Barzan Gas Plant will produce and process natural gas from the giant North Field offshore Qatar…

Portugal to Hold First Floating Offshore Wind Auction

Mar 16, 2022

Portugal plans to hold its first auction for floating offshore farms this summer, which it hopes will be able to produce between 3 and 4 gigawatts (GW) of power in 2026, Environment and Energy Transition minister Joao Matos Fernandes told Reuters…

MR Deepwater Subsea Partners Up with Offshore Technical Compliance

Mar 16, 2022

MR Deepwater Subsea, part of the MR Group, has partnered up with Offshore Technical Compliance (OTC) to offer real-time, monitoring, digital pressure testing and BOP Compliance services. Mike Fry, Director of MR Deepwater Subsea, explained that…

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