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Keppel in Talks with Petrobras to Build FPSO for Buzios Field

Apr 19, 2021

Singapore's Keppel Corporation has confirmed it has been in talks with the Brazilian oil company Petrobras to built an FPSO vessel for the Buzios field offshore Brazil.In a statement on Friday, responding to an article by Upstream Daily News…

NOIA Elects Tim Duncan as Chairman, Paul Danos as Vice Chairman

Apr 19, 2021

The National Ocean Industries Association (NOIA) board of directors has elected Tim Duncan, president & CEO of Talos Energy, as chairman and Paul Danos, owner, president and CEO of Danos, as vice chairman for the 2021-22 term. Duncan and Danos…

Ørsted Starts Offshore Construction at 900 MW Greater Changhua 1 & 2a Offshore Wind Farms in Taiwan

Mar 19, 2021

Denmark-based offshore wind installation company Ørsted, said Friday it was kicking off full-scale offshore construction activities of the 900 MW Greater Changhua 1 & 2a offshore wind farms in Taiwan.Ørsted said it would start laying export…

Report: Delek in Talks to Sell Stake in Tamar Offshore Gas Field for $1.1B

Apr 06, 2021

Israel’s Delek Drilling is in talks to sell its stake in the offshore natural gas field for up to $1.1 billion, financial news website Calcalist reported on Monday.Delek owns a 22% stake in Tamar, one of Israel’s main energy sources, which it…

Jersey Oil & Gas Completes Cieco V&C Acquisition

Apr 07, 2021

UK-focused oil and gas company Jersey Oil & Gas (JOG) has completed the acquisition of Cieco V&C, a company that owns an interest in JOG-controlled Licence P2170, in the UK North Sea, from the Japanese companies Itochu and Jogmec.Under the agreement first announced on November 26…

In Break with Rivals, Oxy CEO Says Carbon Tax Would be 'Bad'

Apr 07, 2021

Occidental Petroleum Corp Chief Executive Vicki Hollub said on Tuesday she opposes a carbon tax, an idea that has gained the backing of large rival oil companies and some trade groups.'A carbon tax would be bad for a lot of the industry, a carbon…

Emperor Energy Buys Judith Field Seismic Data. Gets More Time to Find Drilling Partner

Apr 09, 2021

Australian oil and gas company  Emperor Energy has acquired from CGG a license to recently acquired 3D seismic data covering its Judith gas field located within the Vic/P47 Permit in the offshore Gippsland Basin, Victoria, Australia.According to Emperor Energy…

Equinor, Partners Make 'Significant' Oil Find in Mature Area Off Norway

Mar 24, 2021

Norwegian oil firm Equinor, with its partners Vår Energi, Idemitsu Petroleum, and Neptune Energy, said Wednesday it had made the biggest discovery this year offshore Norway.Preliminary estimates place the discovery size between 12 and 19 million standard cubic meters of recoverable oil equivalent…

Vår Energi Obtains Approval to Drill Four Wells Off Norway

Mar 30, 2021

Norwegian offshore oil and gas company Vår Energi has received regulatory approvals to drill four wells in the production license 229, in the Norwegian section of the North Sea.The Norwegian Petroleum Directorate said Tuesday it had granted Vår Energi a drilling permit for wells 25/8-20 S…

Aqueos Buys MPSV Sea Scout. Eyes Renewables Work

Mar 23, 2021

Offshore energy industry services provider Aqueos has acquired the Sea Scout, a U.S.-built multi-purpose service vessel, targeting renewable industry prospects in the U.S.'The vessel is a specialty built, high speed, shallow draft catamaran…

Polish PGNiG to Buy INEOS' Norwegian Oil and Gas Business for $615M

Mar 25, 2021

INEOS Energy on Thursday announced the sale of its oil and gas business in Norway to Poland's PGNiG for $615 million.  The deal includes all INEOS Oil & Gas interests in production, licenses, fields, facilities and pipelines, on the Norwegian continental shelf…

Chrysaor's First Operated Well Off Norway Disappoints

Mar 23, 2021

Chrysaor's first operated well offshore Norway has failed to unearth enough hydrocarbons to warrant development and will be plugged and abandoned.To remind, OKEA, Chrysaor's partner in the offshore license PL973, last week said that the well…

Sapura Energy CEO Retires. Successor Named

Mar 22, 2021

Malaysia's Sapura Energy has said its President and Group CEO Tan Sri Shahril Shamsuddin was retiring Monday, after leading the Group for more than 25 years. He will be succeeded by Mohd Anuar Taib, who takes over the helm as Sapura Energy Group Chief Executive Officer beginning 23 March 2021…

Brazil's OceanPact to Charter and, Eventually, Buy Two DDW Offshore AHTS Vessels

Mar 18, 2021

Norwegian offshore vessel owner DDW Offshore, a subsidiary of Akastor, has entered into bareboat charter and future sale agreements for two of its AHTS vessels with the Brazilian subsea services company OceanPact.Under the charter, DDW Offshore - formerly known as DOF Deepwater…

GC Rieber Delivers Polar Queen to Schmidt Ocean Institute

Mar 23, 2021

Norwegian offshore vessel owner GC Rieber Shipping has delivered the Polar Queen vessel to new owners Schmidt Ocean Institute. The company announced the sale of the IMR vessel in February.'The vessel has today been delivered to the new owner…

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