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Oil Firms in Norway Raise Spending Forecasts

May 26, 2021

Oil and gas firms in Norway have increased their 2021 and 2022 investment forecasts during the last three months as more projects are being developed, a national statistics office (SSB) survey showed on Wednesday.The biggest business sector in Norway now expects to invest 181…

Benthic Wraps Geotechnical Survey at Santos' Dorado Site

May 26, 2021

Benthic, part of Acteon's geoservices division, has said it has completed geotechnical site investigation services for Santos at the Dorado field off the coast of Western Australia.Benthic said this week that the work at the Dorado site involved…

Biden: Sanctions Against Nord Stream 2 Would Harm European Relations

May 26, 2021

U.S. President Joe Biden on Tuesday said he decided to waive sanctions against the company behind the Nord Stream 2 gas pipeline because the project was nearly complete, and doing so could have harmed ties with Europe.Biden, who is preparing…

SSE to Invest $10.6B in Low-carbon Projects

May 26, 2021

British renewable power generator and network operator SSE Plc said on Wednesday it was on track to invest 7.5 billion pounds ($10.6 billion) in low-carbon projects up to 2025.The company turned its focus to renewable power generation and networks…

U.S. Identifies Two Areas Offshore California for Wind Farm Development

May 26, 2021

The Biden administration will seek to approve more than a dozen offshore wind projects in the next four years and open the Pacific Ocean off California to such development as it seeks to bolster the nascent U.S. industry, officials said on Tuesday…

RWE, Equinor, Norsk Hydro JV to Bid in Norway's First Offshore Wind Tender

May 26, 2021

German energy firm RWE has joined forces with Norwegian peer Equinor and metals maker Norsk Hydro to take part in Norway's first offshore wind tender, the companies said on Wednesday.The acreage where the tender is held is known as Soerlige Nordsjoe II…

UK: Serica Energy Hits Snag at Columbus Offshore Well. Needs to Re-Drill It

May 25, 2021

Serica Energy, a UK-based oil and gas company focusing on the North Sea, has hit a snag with its Columbus development well and will have to re-drill it, which will cost an extra £3 million (USD 4.23 million).The company spudded the well in mid-March…

US to Review 16 Offshore Wind Project Plans, Advance New Lease Areas by 2025

May 25, 2021

The Biden administration will seek to approve more than a dozen offshore wind projects in the next four years and open new areas for leasing off the coast of California as it seeks to supercharge development of the nascent U.S. industry, an Interior Department official said on Tuesday…

Island Offshore Bags Walk-to-Work Vessel Contract at UK Wind Farm

May 25, 2021

Norwegian offshore vessel firm Island Offshore said Tuesday it had won a vessel contract at the Moray East offshore wind farm in the UK.With its Island Crown vessel, Island Offshore is providing the wind farm operator MOWEL with Walk-to-Work services…

Society of Petroleum Engineers, AAPG Exploring Merger

May 25, 2021

The American Association of Petroleum Geologists (AAPG) and the Society of Petroleum Engineers (SPE) on Tuesday announced the two associations were in the process of exploring a potential merger.AAPG and SPE said they were studying the benefits…

Shearwater Hires DOF Subsea's Vessel, ROV for OBN Survey in Brazil

May 25, 2021

Marine seismic contractor Shearwater Geoservices has awarded subsea support vessel operator DOF Subsea a vessel and an ROV contract for seismic support work in Brazil.DOF Subsea's Skandi Neptune vessel will support Shearwater's Ocean Bottom Node seismic campaigns on Petrobras' Jubarte…

UK Won't Stop New Oil Exploration in North Sea Despite IEA's Report

May 25, 2021

The United Kingdom will not commit to halting new oil exploration in the North Sea, a government energy body told Reuters, despite a warning from the world's top energy watchdog to rein in fossil fuels spending to achieve climate goals.The UK is due to host the U…

Decom North Sea Announces Winners of Decom Awards

May 25, 2021

Decom North Sea (DNS), a UK-based offshore decommissioning organization, this month named the winners of its 4th annual Decom Awards, honoring excellence in multiple offshore decommissioning areas.Fraser Moonie, Decom North Sea CEO said: 'The…

Abu Dhabi: ADNOC Awards NPCC $744M Belbazem Offshore Development Contract

May 25, 2021

Abu Dhabi's national oil firm ADNOC on Tuesday announced the award of a $744 million contract for the full field development of the Belbazem Offshore Block to the National Petroleum Construction Company (NPCC).The contract was awarded by Al Yasat Petroleum Operations Company Ltd (Al Yasat)…

Tucker Energy Services to Offer Tendeka's Tech in the Caribbean

May 25, 2021

Tucker Energy Services has signed a deal with Tendeka to promote the sales, installation, and services of Tendeka’s completion technologies across Trinidad, Suriname, and Guyana.'Tendeka’s technology and business development experts in Houston…

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