%22Northern Lights%22 News

Delmar Signs Up Lankhorst for Culzean Floating Wind’s Mooring Lines

Dec 17, 2024

Lankhorst Offshore has secured a contract to supply mooring lines to for the Culzean floating wind project in Scotland, set to provide clean power to oil and gas platform in the North Sea.Lankhorst Offshore has been awarded a contract by Delmar Systems…

Galp’s Appraisal Well Delivers Light Oil and Gas-Condensate Off Namibia

Dec 02, 2024

Portuguese oil and gas company Galp has found light oil and gas-condensate in an appraisal well drilled in Orange Basin block, offshore Namibia.The appraisal well, Mopane-1A, was spud on October 23 with Saipem’s Santorini drillship, at PEL83 offshore block…

Ulstein Verft Commences outfitting for CSOV

Dec 18, 2024

The hull of the first TWIN X-STERN Commissioning Service Operation Vessel (CSOV) for BS Offshore arrived Ulstein Verft on 18 December 2024. This milestone marks the start-up of the outfitting for Yard Number 320 at Ulstein Verft.Ulstein Verft welcomed BS Offshore back at the shipyard…

Glamox to Illuminate North Sea Oil and Gas Platforms

Nov 26, 2024

Lighting solutions specialist Glamox has secured contracts to provide around 5,000 energy-efficient marine LED lights for new oil and gas platforms being built for the Yggdrasil and Valhall PWP-Fenris developments in the North Sea.The contracts include around 4…

Canadian Oil Firm Looks for Ways to Keep Guyana’s Offshore Block

Dec 13, 2024

Toronto-listed Frontera Energy and partner CGX Energy are seeking alternatives to resolve a dispute with Guyana over rights to retain an offshore block where they found oil, but should they fail to reach an agreement, the matter is set to go to an arbitration court…

Delmar Systems to Deliver Moorings for TotalEnergies’ Culzean Floating Wind Pilot

Dec 11, 2024

Delmar Systems has been selected to deliver mooring scope for TotalEnergies’ Culzean floating wind pilot project, which will supply renewable electricity to an offshore oil and gas platform in the North Sea.Delmar Systems was hired by Archer Wind…

AKOFS Offshore Secures $300M for Well Intervention Vessel’s Work with Equinor

Dec 04, 2024

Equinor has exercised a three-year option for AKOFS Offshore’s well intervention vessel AKOFS Seafarer.The option period is estimated to start in late fourth quarter of 2025, after the vessel has completed its customary Special Periodic Survey…

BP and JERA Combine Offshore Wind Units to Form JERA Nex BP Joint Venture

Dec 09, 2024

Energy major BP and Japan’s largest power generation company JERA have agreed to combine their offshore wind businesses to form a new standalone, equally-owned joint venture that will become one of the largest global offshore wind developers…

Lloyd’s Register Clears Vard’s Two Methanol-Ready Offshore Wind CSOVs

Dec 02, 2024

Norwegian shipbuilder Vard, part of Fincantieri Group, has secured Lloyd’s Register’s Approval in Principle (AiP) of the methanol fueling system for two offshore wind Commissioning Service Operation Vessels (CSOVs) being built for North Star…

ConocoPhillips Wraps Up $22.5B Marathon Oil Acquisition

Nov 26, 2024

U.S. oil and gas company ConocoPhillips has completed the acquisition of Marathon Oil Corporation in a $22.5 billion takeover deal.The $22.5 billion acquisition was first announced in May 2024 as an all-stock transaction, which includes $5.4 billion of Marathon's debt…

TotalEnergies CEO on Trump: "It's Only For Four Years"

Nov 26, 2024

TotalEnergies has paused development of a wind farm off the coast of New York after Donald Trump's U.S. election victory, the French company's CEO said on Tuesday.The French energy group formed a joint venture in October 2023 for development…

DNO Proves 'Dry Belt' in North Sea to be Not So Dry with New Oil Discovery

Dec 02, 2024

Norwegian oil and gas operator DNO has made an oil discovery in the Othello prospect in the southern North Sea, offshore Norway, refuting what the industry deemed as a dry belt area.The discovery was made in wildcat well 2/6-7 S in production license 108…

Oil Slips as U.S. Gasoline Stocks Surprise

Nov 27, 2024

Oil prices edged lower on Wednesday as a large, surprise build in U.S. gasoline stocks outweighed easing supply concerns from a ceasefire deal between Israel and Hezbollah.Brent crude futures fell 12 cents, or 0.2%, to $723.69 a barrel by 10:40 a…

Canadian Firm Takes Operatorship of South Africa’s Offshore Block

Nov 26, 2024

Canadian oil and gas exploration company Africa Energy has formally become the operator of Block 11B/12B offshore South Africa, following the withdrawal of three partners from the development.Africa Energy assumed operatorship of the block through its investment in Main Street 1549…

Oil and Gas Output Trended High Before and After Trump

Nov 25, 2024

President-elect Donald Trump's support for the fossil fuel sector and climate scepticism have sparked dismay throughout the global climate tracking community, and fears that his policies may reverse global energy transition momentum.His campaign…

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