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Namibian Marine Diamond Miner Reports Drop in Production as Demand Slumps

Mar 10, 2021

Debmarine Namibia, a subsidiary of Anglo American's diamond unit De Beers, on Monday reported a 13% drop in production to 1.125 million carats last year as demand slumped during the COVID-19 pandemic.Namibia has the richest known marine diamond deposits in the world…

Equinor Awards Long-term Frame Deals to Seismic Players PGS and Shearwater

Mar 10, 2021

Offshore seismic survey contractors PGS and Shearwater GeoServices have been awarded framework agreements with Equinor for 4D towed streamer seismic acquisition on the Norwegian continental shelf (NCS) in what Equinor said was a new way of working with seismic contractors…

Apache, Total Halt Suriname Offshore Drilling due to Pressure

Mar 10, 2021

Oil and gas companies Apache and Total have been forced to stop drilling operations at an offshore well in Suriname due to 'substantial pressure increases.'As announced on January 14, the Keskesi East-1 well discovered oil, volatile oil, and…

Israel, Cyprus Working to Settle Offshore Gas Field Dispute

Mar 10, 2021

Israel and Cyprus have reached an understanding over gas reserves straddling their maritime border, the Cypriot energy minister said on Tuesday, in a key step towards resolving a nine-year impasse over offshore spoils.Development of the Aphrodite…

Solstad Offshore Bags North Sea Charters for PSV Quartet

Mar 10, 2021

Norwegian offshore vessel operator Solstad Offshore has secured contracts for four of its platform supply vessels in the North Sea, with Total, Equinor, and Serica, respectively.Total UK has awarded Solstad a term contract for Normand Springer…

Siemens Gamesa Picks Cadeler to Transport and Install Giant 14MW Offshore Wind Turbines

Mar 10, 2021

Offshore wind installation company Cadeler said Wednesday it had won the largest contract in its history.Cadeler, previously known as Swire Blue Ocean, said that offshore wind turbine maker Siemens Gamesa had awarded Cadeler a contract of valued at around $90 million…

Equinor Strikes Oil Near Johan Castberg Field in Barents Sea

Mar 10, 2021

Equinor and its partners Vår Energi and Petoro have discovered oil at an exploration well near the Johan Castberg development in the Barents Sea.Recoverable resources at the well - formally known as well 7220/7-4 - in production licence 532…

Biden to Review Future of Federal Oil Leasing Program

Mar 09, 2021

The U.S. Interior Department announced Tuesday it will launch its review of the federal oil and gas leasing program on March 25, a key step that will determine whether the Biden administration will permanently halt new leases on federal land and water…

Subsea Pipeline Could Double Israeli Gas Exports to Egypt

Mar 09, 2021

A subsea pipeline that would connect Israel's Leviathan gas field to Egyptian liquefied natural gas (LNG) terminals could double Israel's gas export capacity to Egypt, the Israeli energy minister said on Tuesday.Israel started exporting gas…

Gulf of Mexico: HWCG, Helix Extend Fast Oil Spill Response Agreement

Mar 09, 2021

Helix Energy Solutions Group has entered into a new agreement for offshore oil spill response resources with HWCG, a consortium of deepwater oil and gas companies in the Gulf of Mexico who have come together with the shared goal of quickly responding to offshore oil spills…

Chevron Doubles Noble Deal Synergies Target, Reaffirms Lower Spending Plans

Mar 09, 2021

Chevron Corp on Tuesday reaffirmed its lower spending plans, doubled the targeted savings from its Noble Energy deal, and unveiled new carbon intensity reduction goals, hoping to woo investors seeking higher returns and lower environmental impact…

UK Gov't Earmarks $127,7M for Green Energy Tech Challenge

Mar 09, 2021

The UK government on Tuesday launched three innovation challenges in the space of green energy sector including floating offshore wind, energy storage technology, and biomass production for which it allocated £92 million (~$127,7 million) in funding…

Seacat Nets Long-Term Charter for Seacat Rainbow at Beatrice Wind Farm

Mar 09, 2021

UK-based offshore vessel operator Seacat Services has said that its recently launched catamaran Seacat Rainbow has gone straight on to a long-term charter at the Beatrice offshore wind farm.Seacat Rainbow will support Operations & Maintenance…

France: Bureau Veritas Wins Floating Wind Farm Certification Contract

Mar 09, 2021

Testing, inspection, and classification company Bureau Veritas (BV) has been awarded a project certification contract for EolMed, a floating offshore wind farm pilot project in France developed by Qair and involving Total, Ideol, and Vestas Wind Systems A/S…

Sonardyne Deploys 'New Breed' of Subsea Sensors at Shell's Ormen Lange Field

Mar 09, 2021

Marine technology company Sonardyne has deployed what it says is a new breed of underwater sensor that is able to self-calibrate, enabling precise, long-duration subsidence monitoring at all depths at Shell Ormen Lange offshore field. The company says this is the first such deployment at scale…

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