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Neptune Energy Hires Fugro for Cygnus Subsea Work

Jul 21, 2021

Dutch seabed survey services firm Fugro has won a subsea inspection contract with the oil and gas company Neptune Energy at the Cygnus gas field in the UK North Sea.As part of the contract, Fugro will employ its specialized survey technology to inspect the subsea infrastructure…

TotalEnergies, Technip Energies Team Up to Decarbonize Offshore and LNG Sectors

Jul 21, 2021

TotalEnergies, a France-based oil major with green energy aspirations, is partnering up with energy services giant Technip Energies to develop low-carbon solutions for LNG production and offshore facilities.As part of the partner-up, which the duo says is set up to accelerate the energy transition…

Japan's JFE to Invest $363,3M in New Offshore Wind Monopile Plants

Jul 21, 2021

Japan's JFE Engineering Corporation is set to build a factory for the construction of monopile foundations and transition pieces for the offshore wind industry. The company also has plans to build jacket-type foundations in the future.'The monopile…

Norway's June Oil Output Below Expectations

Jul 21, 2021

Norway's oil production lagged official expectations in June, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday.NPD cited technical problems and maintenance outages as reasons for the lower-than-expected production…

Iberdrola Plans Offshore Wind Spinoff

Jul 21, 2021

Iberdrola is looking to new markets to help fuel growth and could even consider spinning off its offshore wind business to raise funds, the global wind power group said on Wednesday.In first-half results, Europe's biggest wind power group said…

Woodside Sees Shares Slide on News It Is Eyeing BHP Oil & Gas Assets

Jul 21, 2021

Shares in Woodside Petroleum fell on Wednesday after an unsourced media report said Australia's top independent gas producer was in talks to buy some or all of BHP Group's oil and gas assets, analysts and an investor said.Woodside shares ended down 2 cents in a broader market that rose 0…

Ex-ROVOP Man Joins Maersk Training to Drive UK Growth

Jul 21, 2021

Maersk Training has named a new UK head of commercial to drive its growth and increase its safety offering for the energy industry.Based in Aberdeen, Paul Hudson will oversee sales, commercial and marketing activities for the company. He will work with UK managing director…

Harbour Energy Delays North Sea Field Start-Up as Platform Issues Found

Jul 21, 2021

London-listed oil and gas Harbour Energy has hit a snag with the start-up of its Tolmount offshore gas field in the UK North Sea, as electrical systems issues were found during the testing of the recently delivered offshore platform. The start-up…

Solstad Offshore Nets Medium-term Deals for Offshore Construction Vessel Duo

Jul 21, 2021

Norwegian offshore vessel owner Solstad Offshore said Tuesday it had secured two contracts for its large construction vessels.The medium-term contracts are for the vessels Normand Navigator and Normand Frontier.The Normand Navigator, a 142,6 meters long vessel built in 2015…

Buyers Reportedly Line-up for a Crack at Seadrill

Jul 20, 2021

Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore oil driller controlled by Norwegian-born tycoon John Fredriksen, people familiar with the matter said on Tuesday…

OMSA Goes on the Offensive to Document Jones Act Violations

Jul 20, 2021

Offshore Marine Service Association (OMSA) launched a vessel dubbed the Jones Act Enforcer, a boat that will be used to gather video and photographic evidence of Jones Act violations, the organization reports. In turn, evidence of violations will be submitted to authorities…

Report says BHP Mulls Oil & Gas Exit

Jul 20, 2021

Global miner BHP Group is considering getting out of oil and gas in a multibillion-dollar exit as it looks to speed up its retreat from fossil fuels, Bloomberg News reported on Tuesday, citing people familiar with the matter.The world's biggest…

Halliburton Says Oil Industry in Early stages of a Multi-year Up-cycle

Jul 20, 2021

Oilfield company Halliburton Co on Tuesday said the industry was in the early stages of a multi-year up-cycle, as activity has rebounded from pandemic lows and pricing for some of its services has inched higher.The Houston, Texas-based company reported a 33…

Perenco, SNH to Increase Utilization of Golar's Hilli Episeyo FLNG

Jul 20, 2021

Oil and gas company Perenco and Cameroon's national oil firm SNH have agreed with Golar LNG to increase the utilization of the FLNG Hilli Episeyo - Africa's first FLNG in operation and the world’s first converted FLNG.  The Hilli Episeyo FLNG…

Brazil: Enauta Brings Another Atlanta Field Well Back Online after Pump Failure

Jul 20, 2021

Brazilian oil company Enauta has brought online another oil well at its Atlanta field in the Santos Basin, offshore Brazil, following a recent pumping system failure, and is now producing from two wells connected to the Petrojarl I FPSO.As previously reported…

Current News

Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

ADNOC, RWE Explore LNG Supply

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

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