Latest News - page 157

 

IEA Chief Highlights Need for Investments in Oil and Gas Fields

Mar 11, 2025

Fatih Birol, the director of the Paris-based International Energy Agency, said on Monday there is a need for investment in oil and gas fields to support global energy security.The comment puts the energy watchdog for industrialized nations more…

Second Hai Long Substation Heads to Project Site Offshore Taiwan

Mar 11, 2025

Consortium partners Semco Maritime and PTSC M&C have completed the load-out and sail-away of the second and last offshore substation for the Hai Long Offshore wind project in Taiwan.The load-out and sail-away of the second substation for Hai Long 3 offshore wind farm…

Van Oord’s Giant Wind Installation Vessel Boreas Reaches Netherlands

Mar 11, 2025

Van Oord’s offshore installation vessel Boreas has arrived in the Netherlands after a voyage from China of almost 14,700 nautical miles for final outfitting and christening before embarking on its first offshore wind project.The Boreas is currently docked at TMA Logistics in the Port of Amsterdam…

Tyra II Faces Another Operational Setback

Mar 11, 2025

BlueNord, the partner in the Tyra II project along with TotalEnergies and Nordsøfonden, has informed that Tyra II project has faced another ‘operational setback’, which is impacting its maximum production potential at the Denmark’s largest offshore gas development…

ADNOC Exploring International Listing of Its Investment Arm XRG

Mar 10, 2025

Abu Dhabi National Oil Company is considering listing its international investment arm XRG on an exchange outside of the United Arab Emirates, three people with knowledge of the matter said, potentially creating one of the largest listed energy companies globally…

Petrobras’ Test at Sirius-2 Well Offshore Columbia Proves 'Good Productivity'

Mar 10, 2025

Petrobras has informed that a Drill Stem Test (DST) in the Sirius-2 well, located in deep waters of the Gujaira Basin offshore Colombia, proved ‘good productivity’.The DST assessed to approximately 100 meters reservoir interval, which demonstrated good productivity…

Havila Shipping Secures More Work for Havila Borg PSV

Mar 10, 2025

Norwegian offshore support vessel owner Havila Shipping has signed a contract with Peterson Den Helder for its platform supply vessel (PSV) Havila Borg.The contract, signed on market terms, is planned to be in direct continuation of existing…

Lloyd's Register, Fugro Agree Simpler USV Certification Process

Mar 10, 2025

Lloyd's Register (LR) and Fugro have signed a block fee agreement to streamline the in-service certification and maintenance of Fugro’s growing fleet of autonomous uncrewed surface vessels (USVs).The strategic move is expected to simplify the certification process…

Palfinger Marine to Equip DOF’s New OSV

Mar 10, 2025

Palfinger Marine has secured a contract by CRIST S.A. in Poland to supply a comprehensive equipment package for a next-generation Offshore Support Vessel (OSV) under construction for DOF Group.As part of the comprehensive equipment package, Palfinger Marine will supply a fully electric…

Dana Petroleum Cancels Sale of Western Isles FPSO

Mar 10, 2025

U.K.-based oil and gas company Dana Petroleum has terminated the agreement with NEO Energy for the proposed sale of the Western Isles floating, production, storage and offloading (FPSO) vessel, which was planned for deployment in the North Sea as part of Buchan field redevelopment…

NKT Concludes First Cable Installation Phase for O&G Scheme Off Norway

Mar 10, 2025

Danish power cable maker and services provider NKT has completed the first installation campaign Norway to connect Aker BP-operated Yggdrasil offshore oil and gas area to shore.NKT said the first installation campaign in the Norwegian fjords and in the North Sea has been completed…

Fugro Nets Another Offshore Wind Job in Australia

Mar 10, 2025

Dutch geological data specialist Fugro has secured the contract for offshore soil investigation services for the proposed Blue Mackerel offshore wind farm in Australia.Fugro will execute offshore geotechnical investigations to support the Blue Mackerel project being developed by Parkwind…

Shell Launches Next Phase of Malaysia's Deepwater Project with First Oil Production

Mar 10, 2025

Sabah Shell Petroleum Company (SSPC), a subsidiary of Shell, has produced first oil from Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deepwater development off Malaysia.The Phase 4 production is flowing to the existing Gumusut…

Vard Cuts First Steel for Island Offshore’s Hybrid Construction Vessel

Mar 07, 2025

Norwegian shipbuilder Vard has marked the start of construction of Island Offshore’s hybrid power ocean energy construction vessel (OECV) at its shipyard in Romania.Vard secured the order for the vessel, named Island Evolution, from Island Offshore back in May 2024…

Tanzania to Launch Fifth Oil Licensing Round in May

Mar 07, 2025

Tanzania said on Thursday it will launch its fifth oil and gas licensing round in May in which 26 exploration blocks will be put to auction to help draw fresh investment in the east African country's hydrocarbons sector.Of the blocks on offer…

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