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Byrne to Spearhead Equinor's US Offshore Wind Operations

Sep 20, 2023

Norwegian energy industry giant Equinor has appointed of Samuel Byrne as Vice President of Operations at Equinor Renewables Americas to lead Equinor's offshore wind operations in the U.S.Bryne most recently served as Vice President responsible…

German Mukran Floating LNG Terminal Seen Ready by First Quarter - Gascade Head

Sep 20, 2023

A new floating reception terminal for liquefied natural gas (LNG) off the German Baltic Coast should be operational from the first quarter of 2024, gas pipeline operator Gascade, which is building its onshore connection, said on Wednesday.Located off Mukran on the Baltic Sea island of Ruegen…

Wood Resigns from Valeura Energy Inc. Board to Pursue Full-time Senior Management Role

Sep 20, 2023

Valeura Energy Inc., the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, on Wednesday announced the departure from its board of directors of independent director, Kimberley Wood, effective September 18…

India's ONGC Willing to Wait to Regain Oil from Russian Project

Sep 20, 2023

India's state-run Oil and Natural Gas Corp wants to eventually receive a share of crude from a Russian project it partly owns, but is willing to wait because Russian oil is hard to ship right now, the head of ONGC's overseas investment arm, ONGC Videsh…

Non-Commercial Hydrocarbon Find at Velocette Offshore Exploration Well in Norway

Sep 20, 2023

OMV Norge, a Norwegian subsidiary of the Austrian oil firm OMV, has made a minor, non-commercial discovery at the Velocette offshore exploration well in Norway, Longboat JAPEX Norge, a partner in the PL1016 offshore license, has informed.The exploration well 6607/3-1 S in the Norwegian Sea…

Clean Energy Investing Loses Lustre Despite Climate Crisis: Maguire

Sep 20, 2023

Despite the heat waves, wildfires and floods that have amplified calls to accelerate the global energy transition away from fossil fuels, investors withdrew record funds from the world's largest clean energy investment vehicles so far this year…

Saudi PIF-backed ADES Prices IPO at Top End, Implying Over $4B Valuation

Sep 20, 2023

Saudi oil and gas driller ADES Holding said on Wednesday it has set the final price for its initial public offering (IPO), implying a valuation of 15.242 billion riyals ($4.06 billion) for the Saudi sovereign wealth fund-backed firm.Reuters…

Exxon Pledges More Nigerian Oil Output - Presidential Spokesperson

Sep 20, 2023

Exxon Mobil Corp has pledged additional oil production of nearly 40,000 barrels per day in Nigeria in a new investment push in the country, a presidential spokesperson said on Tuesday, citing Exxon's president of global upstream operations.Nigerian…

ABS AIP for an Offshore Hydrogen/Ammonia Production Platform

Sep 19, 2023

An offshore hydrogen and ammonia production platform design from the Korea Research Institute of Ships & Ocean Engineering (KRISO) has received approval in principle (AIP) from ABS.Developed by KRISO, the unit is designed to produce green hydrogen using electricity generated by a wind farm…

Venezuela Protests Guyana's Auction of Offshore Oil Blocks

Sep 19, 2023

Venezuela's government on Tuesday criticized Guyana's offshore oil bidding round and said companies seeking up to eight blocks will not have rights to explore the maritime areas, which would be subject to international claims.Guyana and Venezuela…

TotalEnergies Hires Jack-up Rig for Fénix Project Drilling in Argentina

Sep 19, 2023

Offshore drilling company Noble Corp. said Tuesday it had won a contract with TotalEnergies, to redeploy the harsh-environment jackup rig Noble Regina Allen for the drilling of three horizontal wells at the Fénix project in southern Argentina…

Octopus Energy Acquires Stake in Dutch Offshore Wind Farm

Sep 19, 2023

Britain's Octopus Energy has acquired a 10% stake in the Borssele III & IV offshore wind farm in the Dutch North Sea for an undisclosed sum, part of a wider $20 billion offshore wind investment plan, the company said on Tuesday.The wind farm…

Germany: Fraunhofer IWES Deploys Wind Lidar Buoys in North Sea to Boost Offshore Wind Expansion

Sep 19, 2023

The Fraunhofer Institute for Wind Energy Systems IWES in Germany has been contracted by the Federal Maritime and Hydrographic Agency of Germany (BSH) to carry out a preliminary meteorological investigation in the North Sea as part of the area development plan…

Unite's Petrofac Members Prepare for Strike on Ithaca Energy's Offshore Platforms

Sep 19, 2023

The UK-based union Unite said Tuesday that around 85 offshore workers employed by Petrofac Facilities Management Limited are set to take strike action over six days on installations operated by Ithaca Energy.According to Unite, the dispute centers on Ithaca Energy’s fourteen-day 'clawback' policy…

Geological Connection to Namibia Sparks Offshore Oil Hope in Uruguay

Sep 19, 2023

Uruguay state-run energy firm Ancap is set to agree to final terms for a record number of seven offshore exploration licenses next month, a senior executive told Reuters, as the frontier market lures bets from global players like Shell.To date no oil or gas has been found in Uruguayan waters…

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Aquaterra’s RAF System for UK CCS Project Enters Fabrication Phase

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