Latest News - page 561

 

First Well Spudded in Danish Underground Consortium's North Sea Infill Campaign

Jun 12, 2023

Drilling operations have started on the HBA-27B well offshore Denmark, with the first of two wells successfully spudded by the jack-up rig Shelf Drilling Winner (ex-Noble Sam Turner).BlueNord (ex-Noreco) and its partners December 2022 reached…

Jan De Nul's Next-Gen Installation Vessels to Install RWE's Offshore Wind Farms

Jun 12, 2023

German renewable energy firm RWE has signed an agreement with Luxembourg-based offshore installation firm Jan De Nul Group to secure the long-term usage of two next-generation installation vessels, “Les Alizés” and “Voltaire, for future offshore wind foundation and turbine construction…

PGS' Seismic Survey Vessel Could Go Idle for 2-3 Months after Abrupt Contract Termination

Jun 12, 2023

Norwegian offshore seismic services company PGS said Monday that a client had terminated its seismic survey contract, first announced in March.On March 2022, PGS said it had secured a 3D exploration acquisition contract with 'a major international energy company…

UK Tax Sweetener Won't Stop Plummeting North Sea Oil, Gas Output

Jun 12, 2023

Once one of the world's key energy sources, Britain's North sea oil and gas output is poised for a further slump after shrinking by two thirds in the past 20 years, leaving the country increasingly dependent on imports. A windfall tax introduced…

Apache Suspends UK North Sea Drilling, Cuts Jobs Citing High Taxes

Jun 12, 2023

U.S. oil producer Apache Corp on Friday said it was suspending drilling in the North Sea and reducing its British workforce because high taxes have made the operation less competitive.The unit of APA Corp did not say how many workers would be cut as a result of the move…

Nord Stream Sabotage Probe Turns to Clues In Poland - WSJ

Jun 12, 2023

German investigators are examining evidence suggesting a sabotage team used Poland as an operating base to damage the Nord Stream pipelines in the Baltic Sea in September, the Wall Street Journal reported on Saturday.The investigators have reconstructed the two-week voyage of the 'Andromeda'…

Russia Says Ukraine Tried to Attack Russian Ship Near Major Gas Pipelines in Black Sea

Jun 11, 2023

Russia said on Sunday that Ukraine had made unsuccessful attempt to attack a Russian naval ship with six high-speed drone boats as the Russian vessel patrolled major natural gas pipelines in the Black Sea.The 'Priazovye' ship was carrying out…

Shell Pivots Back to Oil to Win Over Investors - Sources

Jun 09, 2023

Shell will keep oil output steady or slightly higher into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while oil and gas profits are booming, company sources said…

Island Offshore Bags Offshore Mooring Work in Mediterranean Sea, Gulf of Mexico

Jun 09, 2023

Norwegian offshore vessel operator Island Offshore has recently secured work for its Island Victory vessel, which will install a mooring spread for an FSRU (Floating Storage Regasification Unit) for an undisclosed client. The contract kicks in the autumn of 2023 and has a duration of  90-120 days…

Partners Developing Solution for CTV Electrification Refits

Jun 09, 2023

Shift Clean Energy (Shift), Ecomar Propulsion and Aluminium Marine Consultants have signed a memorandum of understanding (MoU) to collaborate and develop a retrofit package to electrify and transform existing crew transfer vessels (CTVs) and workboats into environmentally friendly marine vessels…

Gumbs to Step Down as President and CEO of Bosch Rexroth North America

Jun 09, 2023

Bosch Rexroth North America's President and Chief Executive Officer Gregory Gumbs will leave the company July 1, 2023, the company said Thursday.'Gumbs, who joined the organization in late 2020, successfully led the increased growth of the North American region to record achievements…

Russia's Novatek Offered Argentina Know-how to Liquefy Gas from Vaca Muerta

Jun 09, 2023

Russia's largest producer of liquefied natural gas (LNG) Novatek last year offered technology to build a plant to produce the gas from Argentina's Vaca Muerta field, a highly-placed source familiar with the proposal said, though the talks have since broken off…

Enterprise Products Partners' Offshore Oil Export Terminal to Open by Early 2027

Jun 09, 2023

Enterprise Products Partners' Sea Port crude oil export terminal off the coast of Texas could begin operations between the second half of 2026 and early 2027, the pipeline operator's co-CEO said on Thursday. The terminal, planned for about 30 miles (48 km) off the coast of Texas…

Guyana Court Stays Order for Exxon to Give Unlimited Guarantee for Oil Spills

Jun 09, 2023

A Guyana Appellate Court judge on Thursday temporarily stayed a lower court's order requiring Exxon Mobil and partners in offshore oil production to provide an unlimited guarantee to cover potential oil spills.The stay lifts a cloud over oil production at the nation's first offshore oil platform…

MOL's Investment to Expedite Final Investment Decisions on Delfin's FLNG Vessels

Jun 09, 2023

Japan's Mitsui O.S.K. Lines (“MOL”) has entered into a strategic investment agreement with Delfin Midstream Inc, a company developing floating LNG solutions for LNG exports from North America to global clients.As part of the agreement, MOL will…

Current News

Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

ADNOC, RWE Explore LNG Supply

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

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