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Developers Postpone Cedar LNG Final Investment Decision

Mar 04, 2024

Cedar LNG and its partners, the Haisla Nation and Pembina Pipeline, have postponed the final investment decision (FID) for the proposed floating LNG facility in Canada's British Columbia to mid-2024.Cedar LNG has completed several key project deliverables…

Prysmian, Hitachi, BAM Get Cable and Converter Stations Contracts for UK Subsea Link

Mar 04, 2024

Eastern Green Link 2 (EGL2), a joint venture between SSEN Transmission and National Grid Electricity Transmission (NGET), has awarded contracts for the development of ‘subsea electricity superhighway’ to Prysmian, Hitachi Energy and BAM.EGL2 will see the creation of a 525kV…

RWE and Masdar Form 3GW Dogger Bank South Offshore Wind Pact

Mar 04, 2024

Masdar, the UAE’s clean energy powerhouse, has acquired a 49% stake in the UK Dogger Bank South (DBS) offshore wind projects as part of the agreement with RWE.The partners will now jointly forge ahead with the delivery of these flagship projects…

Shelf Drilling Signs Jack-Up Rig Extension Deal in Egypt

Mar 04, 2024

Offshore drilling contractor Shelf Drilling has secured a two-year contract extension for the Rig 141 jack-up rig for operations in the Gulf of Suez, offshore Egypt.The contract extension is in direct continuation of Rig 141 current term with Gemsa Petroleum Company (Gempetco)…

Diamond Offshore’s Drillship on Extended Stay with BP in Gulf of Mexico

Mar 04, 2024

U.S.-based offshore drilling company Diamond Offshore has secured a two-year contract extension with a subsidiary of BP in the U.S. Gulf of Mexico for the Ocean BlackHornet drillship.The contract is starting in February 2025 in direct continuation of the rig's current contract…

Esgian Week 9 Report: Dolphin, Diamond and Seadrill Updates

Mar 03, 2024

Esgian reports rig-related updates from Dolphin Drilling, Diamond Offshore, and Seadrill in its Week 9 Rig Analytics Market Roundup.Report Outline:ContractsDespite Tullow Oil’s recent announcement that it would take a break from drilling offshore Ghana…

Gulf Cooperation Council Weighs in on Durra Gas Field Dispute

Mar 03, 2024

A Gulf Cooperation Council (GCC) ministerial meeting said on Sunday in a communique that the entire Durra gas field and its natural resources are jointly and only owned by Saudi Arabia and Kuwait, the Saudi state news agency reported.Iran has…

New Grid-Scale Offshore Wind-Solar Project Planned for Italy

Mar 01, 2024

SolarDuck, Green Arrow Capital and New Developments have agreed to collaborate on the development of a floating photovoltaic (PV) farm integrated with a floating offshore wind farm.The Corigliano offshore hybrid wind-solar farm will be located…

Wind of Change for Shetland Oil Hub, but Who Will Benefit?

Mar 01, 2024

When storms batter Scotland's Shetland Islands, as they frequently do, the force of the winds whipping through its streets and valleys leave you in no doubt that this is Britain's windiest place.Now islanders are looking to those fierce winds…

US Offshore Wind: Down but Not Out

Mar 01, 2024

“The winds of change are blowing wild and free.” – Bob DylanIn the U.S. offshore wind industry, developments over recent months have placed an exclamation point on the word “wild”. Yes, the wind still blows “free”, but mounting challenges have…

Quick Connect: OAL Subsea Pipeline Completed

Mar 01, 2024

Making a twist on the proverb 'necessity is the mother of invention', GASCADE Gastransport GmbH and StreamTec Solutions AG completed the Ostsee Anbindungsleitung (OAL) subsea pipeline connecting the Mukran LNG terminal to the German energy grid at Lubmin in 18 months…

Norway's Oil Industry Resumes Helicopter Flights After Deadly Crash

Mar 01, 2024

Norwegian oil companies resumed helicopter flights to offshore oil and gas fields on Friday following Wednesday's deadly crash off the country's west coast, operator Equinor and airports said on Friday.On Thursday helicopter traffic was halted…

Oil Rises Almost 2% as Markets Await OPEC+ Decision

Mar 01, 2024

Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply agreements for the second quarter while weighing fresh U.S., European and Chinese economic data.Brent LCOc1 futures for May were up $1.43…

Equinor Broadens Range of Helicopters with New Order

Mar 01, 2024

Norwegian oil company Equinor EQNR.OL has ordered 15 new helicopters from manufacturers Leonardo LDOF.MI and Textron's TXT.N Bell, with first deliveries expected next year, broadening the range of available aircraft, it said on Friday.The announcement…

Green(er) Rigs Put Stena Drilling at Forefront of O&G Decarb Push

Mar 01, 2024

As the offshore oil and gas industry transitions to more sustainable practices, drilling rig operators are faced with demands to implement greenhouse gas (GHG) abatement measures as part of their workload. Being the owner of the first ever drillship that secured DNV’s Abate(P) notation…

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