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Noble Corp. Completes Pacific Drilling Acquisition

Apr 16, 2021

Offshore drilling contractor Noble Corporation has completed the acquisition of Pacific Drilling. Noble Corporation said Friday the Pacific Drilling hi-spec ultra-deepwater drillship fleet would further enhance Noble's global position 'as an…

Clean Crude? Oil Companies use Offsets to Claim Green Barrels

Apr 16, 2021

In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.While the two-million-barrel cargo to India was destined to produce more…

Shell Joins Group Working to Tackle Challenge of Offshore Methane Emissions Monitoring

Apr 16, 2021

Oil and gas giant Shell has joined a multi-operator group driving innovation to tackle the challenge of offshore methane emissions monitoring.Leading this innovation is unmanned aviation business Flylogix, who alongside US gas sensor technology experts SeekOps and supported by OGTC…

Japan: Mitsui, Hokutaku Form Offshore Wind Turbine Maintenance JV

Apr 16, 2021

Japanese conglomerate Mitsui and the country's largest wind turbine maintenance company Hokutaku, have this week formed Horizon Ocean Management, Ltd. ('HOM') for the purpose of providing inspection and maintenance services for offshore wind turbines…

Subsea Energy Solutions, Strohm Sign 3-Year Framework Agreement

Apr 16, 2021

Subsea Energy Solutions (SES) has signed three-year framework agreement with Strohm, a company previously known as Airbone Oil & Gas, specializing in the production of Termoplastic Composite Pipes (TCP) for offshore energy applications.According to SES…

Minesto Granted Patent for Tidal Tech

Apr 16, 2021

Swedish renewable energy company Minesto, focused on tidal energy development with its marine kite technology, has said it has been granted a new patent by which the company extends the protection of its core technology. The approved patent…

Land-starved Singapore Turns to Floating Solar

Apr 16, 2021

BANGKOK (Thomson Reuters Foundation) - Singapore is betting on floating solar farms and vertical panels to increase its clean-energy supplies and cut carbon emissions, a model that could work in other densely populated cities, urban experts said…

North America Oil Bankruptcies Hit Highest Q1 Level Since 2016

Apr 16, 2021

Bankruptcies by North American oil producers rose to the highest first-quarter level since 2016, according to a report released on Thursday by law firm Haynes and Boone, as some energy firms struggled to recover from the 2020 crash in oil prices…

Japan to Double Inter-regional Power Grid to Boost Offshore Wind

Apr 16, 2021

Japan aims to double its inter-regional power grid capacity by adding up to 23 gigawatts to help speed expansion of renewable energy such as offshore wind farms, the Nikkei business daily said on its online news site late on Thursday.The move…

New Woodside Boss Faces Existential Threats, Outgoing CEO Coleman Says

Apr 16, 2021

Woodside Petroleum's outgoing boss said on Friday his replacement will face two company-defining challenges: replacing its aging assets and managing the transition to cleaner energy.Australia's top independent gas producer is betting its future on the $11 billion Scarborough gas project…

Harland & Wolff to Build NnG Offshore Wind Farm Jackets in Methil, Creating 290 Jobs

Apr 16, 2021

InfraStrata's Harland & Wolff has won a contract with Saipem to build and load out eight wind turbine generator (WTG) jacket foundations for the EDF Renewables and ESB Energy-owned Neart na Gaoithe offshore wind farm project, located in the outer Firth of Forth in Scotland…

Petronas Charters Maersk Drillship for Ultra-Deepwater Well in Gabon

Apr 16, 2021

Petronas' Gabon subsidiary PC Gabon Upstream has chartered Maersk Drilling's deepwater drillship for one exploration well in Gabon.Maersk Drilling will supply the 2013-built Maersk Viking drilling rig which PC Gabon Upstream will use to drill an ultra-deepwater exploration well at approximately 2…

Aggressive Push to Meet Paris Goals, Could See Oil Prices Slide to $10 by 2050

Apr 16, 2021

Global oil prices could drop to around $40 a barrel by 2030 if governments push to reduce fuel consumption in step with U.N.-backed plans to limit global warming, a leading energy consultancy said on Thursday.In a report outlining a scenario…

"Coal has to go," CEO of Poland's PGE Says

Apr 16, 2021

Coal has obviously to be scrapped as a power source, the CEO of the Polish group which owns the EU’s biggest carbon-emitting power plant said on Thursday, underscoring a policy shift in a country until recently wedded to coal to generate electricity…

Search Continues for 12 Missing from Capsized Lift Boat

Apr 15, 2021

The U.S. Coast Guard said Thursday it is still searching for 12 people missing from a lift boat that capsized in extreme weather conditions Tuesday in the U.S. Gulf of Mexico.Coast Guard vessel and air crews have worked with other local agencies…

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