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CBED's Wind Innovation SOV Extends Stay at German Wind Farm Project

Sep 16, 2022

Offshore accommodation company CBED has won a contract extension for its Wind Innovation service operations vessel Wind Innovation.Back in May, the company secured a contract for the vessel at the DanTysk and Sandbank offshore wind farms in the German North Sea…

Offshore Drilling Dayrates Could Soon Rise Above $500,000

Sep 16, 2022

Rental rates for offshore oil and gas rigs could rise to $500,000 in the coming months, company executives said on Wednesday.Daily costs to hire a rig, known as the dayrate, have already more than doubled from two years ago to some $300,000…

Prysmian Bags Offshore Wind Cable Deals Worth More Than 800M Euros

Sep 16, 2022

Prysmian Group has won two contracts worth more than €800 million, including options, with Amprion Offshore – a subsidiary of German transmission system operator Amprion - for the design, supply, installation, and commissioning of land and submarine…

Kazakhstan's Kashagan Field to Resume Normal Oil Output in October 'At best'

Sep 16, 2022

Kazakhstan's vast Kashagan oilfield, where production sharply declined following an emergency gas release last month, will resume output at usual levels 'in October at best', Kazakh Energy Minister Bulat Akchulakov told Reuters on Friday.Production at Kashagan…

UK: 10-year Anniversary for Greater Gabbard Offshore Wind Farm

Sep 16, 2022

Greater Gabbard Offshore Wind Farm earlier this month celebrated its 10-year anniversary of generating electricity.All 140 turbines of the joint venture between SSE Renewables (50%) and RWE Renewables (50%) have been operational since September 2012 and in the last 10 years…

US Sets Target for Floating Offshore Wind Farms Expansion

Sep 15, 2022

The Biden administration on Thursday unveiled a plan to accelerate development of next-generation floating offshore wind farms by slashing the cost of the technology by 70% and setting a goal for it to power 5 million U.S. homes by 2035.The…

Dolphin Drilling Lists on Norwegian Stock Market

Sep 15, 2022

Offshore drilling rig contractor Dolphin Drilling has confirmed that it will be activated on the Euronext N-OTC list as of Thursday, September 15, 2022.The listing is the first step towards a public listing of the Company on Euronext Growth Oslo by the end of October…

OW East Unveils Name for Planned New York Bight Offshore Wind Farm

Sep 15, 2022

Offshore wind developer Ocean Winds East (OW East) on Thursday announced the official name of its planned offshore wind power project in the New York Bight. The wind farm will be called Bluepoint Wind.The project, in the early stages of development…

FACTBOX-Who is Shell's New CEO Sawan?

Sep 15, 2022

Shell named Wael Sawan, head of its integrated gas and renewables division, on Thursday as the group's chief executive officer, replacing Ben van Beurden, with the energy major at the cusp of a transition to cleaner energy.Sawan, 48, currently oversees Shell's growth into low carbon energies…

PGNiG's Copernicus Well Offshore Norway Disappoints

Sep 15, 2022

Polish oil and gas company PGNiG has failed to unearth hydrocarbons at its Copernicus exploration well in the Norwegian Sea, Longboat Energy, a partner in the offshore license has informed.The company said that the Copernicus exploration well…

Gas Prices Lift Norway's August Trade Surplus to Record

Sep 15, 2022

Norway's trade surplus rose to a record 197.7 billion Norwegian crowns ($19.54 billion) in August, boosted by soaring prices for its gas exports to Europe, national statistics agency data showed on Thursday.With a daily output of around 4 million barrels of oil equivalent…

BV Sees Surge in Decommissioning Support Orders. Beats Its Full Year Target

Sep 15, 2022

Bureau Veritas Solutions Marine & Offshore, the marine and offshore technical advisory branch of Bureau Veritas, saw a surge in the decommissioning support field orders in the first six months of 2022.The company said that new decommissioning support deals in the UK…

The U.S. Oil Executive Making a Big Bet on Combating Climate Change

Sep 15, 2022

The chief executive of a small U.S. oil company has jumped to the forefront of the energy industry's greenhouse gas reduction efforts, recruiting high-profile firms to his vision of striking it big by selling access to carbon storage developments…

Key Milestone: Woodside Publishes EIS for Browse to North West Shelf (NWS) Project

Sep 15, 2022

Australian oil and gas company Woodside on Thursday published the final Environmental Impact Statement (EIS) for the proposed Browse toNorth West Shelf (NWS) Project in Australia, as directed by the Australian Department of Climate Change, Energy…

Tihami Rejoins DNV as New Head of Ventures, Energy Systems

Sep 15, 2022

DNV has informed that Michele Tihami has rejoined DNV as Head of  Ventures, Scaling, and Partnerships to bolster the innovation and growth expertise of the company. In this role Tihami will focus on developing merger opportunities for the Energy Systems business area in DNV…

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