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Lula's Coalition Roiled by Decision to Block Petrobras' Amazon Mouth Drilling Project

May 19, 2023

A decision by Brazil's environmental regulator to block state-owned oil company Petrobras' Amazon oil project has exposed tensions in President Luiz Inacio Lula da Silva's coalition between green advocates and those prioritizing economic development…

Equinor Awards TechnipFMC a Significant Contract for Riserless Light Well Intervention Services

May 19, 2023

Oilfield services giant TechnipFMC will provide riserless light well intervention (RLWI) services on the Norwegian Continental Shelf for Equinor under a newly awarded contract.TechnipFMC said Friday the two-year contract with Equinor was a significant one…

Amogy, Skansi Offshore, and SEAM Team Up to Decarbonize Offshore Support Vessels with Ammonia Technology

May 19, 2023

Amogy, Skansi Offshore, and SEAM have entered into a Memorandum of Understanding (MoU) to investigate potential technology collaboration in the field of ammonia application, with the common goal of decarbonizing the offshore support vessel industry…

PGS' Ramform Hyperion Vessel in 40-Day 3D Survey Project in Barents Sea

May 19, 2023

Offshore seismic survey specialist PGS said Friday it had executed the final contract with an independent energy company for a 3D survey in the Barents Sea.PGS said the 3D survey would be conducted by the Ramform Hyperion vessel. The project is about to start…

Aker Solutions to Provide Dynamic and Static Subsea Umbilicals for ExxonMobil's Uaru Project

May 19, 2023

Norwegian offshore engineering and construction firm Aker Solutions said Friday it had won a sizeable contract from ExxonMobil to provide dynamic and static subsea umbilical for the Uaru project in Guyana. Aker Solutions defines a sizeable contract as between NOK 0…

EnQuest to Develop "Low-Cost Carbon Megastore" in North Sea

May 18, 2023

UK-based oil firm EnQuest confirmed Thursday it had secured the offer of carbon storage licenses as part of the first round of UK carbon sequestration licenses issued by the North Sea Transition Authority ('NSTA').The NSTA offered 20 licenses to 12 companies…

UK Minister Opens £3m DARE Centre for Offshore Renewable Energy Testing

May 18, 2023

Graham Stuart, the UK Minister for Energy Security and Net Zero, on Thursday opened the Digital, Autonomous, and Robotics Engineering (DARE) Centre at Offshore Renewable Energy (ORE) Catapult’s testing facility in Blyth.According to ORE Capatult…

GE Names Rahul Ghai as New Senior Vice President and CFO

May 18, 2023

GE said Thursday that Rahul Ghai would become Senior Vice President and Chief Financial Officer of GE effective September 1, 2023, succeeding Carolina Dybeck Happe. Ghai will assume this role in addition to his current responsibilities as Chief Financial Officer of GE Aerospace…

Quattro Energy Gets More Time to Secure Funding for North Sea Block Acquisition

May 18, 2023

United Oil & Gas has agreed to allow Quattro Energy more time to secure funding that will allow the companies to complete the North Sea block sale and purchase deal struck in January 2023.United Oil & Gas in agreed on the conditional sale of…

UK Union Signs Deal with China’s CNOOC

May 18, 2023

Britain's Unite union on Thursday said it had signed a recognition deal with offshore operator China National Offshore Oil Corporation (CNOOC), covering around 140 workers on the Buzzard, Scott, and Golden Eagle platforms in the North Sea.CNOOC…

Helix Q7000 Sets Sail Ahead of Severe Storm Forecast, Embarking on Tui Oil Field Decommissioning

May 18, 2023

Helix Energy Solutions' semi-submersible vessel Helix Q7000 which earlier this week arrived in Port Taranaki, New Zealand, ahead of its planned decommissioning work at the Tui offshore field, has already set off from the port ahead of a forecasted significant storm event…

UK Offers 20 Offshore Carbon Storage Licenses to 12 Companies

May 18, 2023

Twelve companies were awarded a total of 20 licenses to develop carbon dioxide (CO2) storage offshore, in Britain's first licensing round for such projects, the North Sea Transition Authority (NSTA) said on Thursday.Britain aims to use carbon capture and storage (CCS) technology…

Third Medical Evacuation in Three Months: Coast Guard Assists Ailing Crewmember on Solitaire Pipelayer

May 18, 2023

The U.S. Coast Guard medevaced a crewmember from Allseas' pipelayer Solitaire Tuesday approximately 13 miles south of Port Fourchon, Louisiana.Coast Guard Eighth District and Coast Guard Sector New Orleans command center watchstanders received…

Aramco Names Presidents for Upstream and Downstream Businesses

May 18, 2023

Saudi Arabian oil giant 2 Aramco on Thursday named Nasir al-Naimi and Mohammed Al Qahtani as presidents of its upstream and downstream businesses, respectively, in a move designed to support the company's growth plans. The newly created positions and appointments…

Saipem Nets $850M Worth of Offshore Contracts in the Black Sea and North Sea

May 18, 2023

Italian offshore engineering and construction firm Saipem has won two new offshore contracts in the North Sea and the Black Sea, worth $850 million in total.One contract is for an Engineering, Procurement, Construction and Installation (EPCI) project in the Black Sea…

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