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Atlantic Offshore to Roll Out Inmarsat LTE Fleet-wide

Jun 21, 2023

Norwegian offshore services provider Atlantic Offshore has agreed to a fleet-wide roll-out of Inmarsat’s all-in-one Fleet LTE service to ensure continuous connectivity in the North Sea.Inmarsat Maritime, a Viasat business, said the commitment…

TotalEnergies Makes Oil and Gas Discovery Offshore Nigeria. Eyes Tie-back to Ofon Field Facilities

Jun 13, 2023

French oil major TotalEnergies on Tuesday announced the Ntokon oil and gas discovery on OML102 block offshore Nigeria. Located in shallow waters, 60 km off the southeast coast of Nigeria, the Ntokon-1AX discovery well encountered 38 meters of net oil pay and 15 meters of net gas pay…

US had Intelligence of Ukrainian Plan to Attack Nord Stream Project -Washington Post

Jun 07, 2023

The United States learned of a Ukrainian plan to attack the Nord Stream natural gas pipelines three months before they were damaged last September by underwater explosions, The Washington Post reported on Tuesday, citing leaked information posted online…

Kazakhstan's Oilfields, Disputes, and Settlements

Jun 08, 2023

Kazakhstan's Energy Minister Almasadam Satkaliyev said on Tuesday that the central Asian country is pressing ahead with $16.5 billion in claims against international oil companies over disputed project costs.The new claims are the latest in…

Equinor Eyes Restart of Statfjord A Offshore Platform Next Week

Jun 02, 2023

Norway's Equinor said on Friday it aims to restart production at the Statfjord A oil and gas platform in the North Sea next week, after it was shut down on May 25 due to a hydrogen sulfide gas leak. 'Production is planned to start again next week…

ABB Secures Large Tech Order for Two Wind Turbine Installation Vessels

Jun 05, 2023

ABB said Monday it had secured a large order from Yantai CIMC Raffles Offshore Ltd., to deliver an integrated bridge-to-propeller technology for Havfram Wind’s two new NG20000X-HF Wind Turbine Installation Vessels (WTIVs). The vessels will be…

Four Bidders Vie For Stake in Exxon LNG Terminal Offshore Italy - Sources

May 29, 2023

Four international groups are competing to buy Exxon Mobil Corp's majority stake in a liquefied natural gas (LNG) terminal offshore Italy, two sources familiar with the matter said. The deal could value the entire LNG terminal at around 800 million euros ($881 million)…

Floating Solar Market Set to Surpass 6 GW by 2031, Says Wood Mackenzie

May 25, 2023

The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies, energy intelligence firm Wood Mackenzie said in a report Wednesday…

Mexican Tycoon Slim Buys Stake in Zama Offshore Oil Field from Talos

May 26, 2023

A unit of Mexico's Grupo Carso, controlled by the family of Mexican billionaire Carlos Slim, said on Thursday it has purchased a minority stake in Talos Energy Mexico for $124.75 million to obtain a portion of the offshore Zama oil project.The acquisition needs approval of Mexican regulators…

Weststar Orders Five Helicopters from Leonardo. Signs Sustainable Fuels MoU with Petronas

May 24, 2023

Weststar Aviation Services, a company providing offshore helicopter transportation services provider in Southeast Asia, has agreed to buy five AW139 helicopters from Leonardo. The companies have also signed the AW609 tiltrotor aircraft partnership agreement…

SSE Renewables, RWE Seeks Public Input on North Falls Offshore Wind Farm Project

May 19, 2023

SSE Renewables and RWE joint venture's Southern North Sea offshore wind farm project, North Falls has launched the statutory consultation on its proposals.North Falls is a proposed extension to the existing 504MW Greater Gabbard Offshore Wind Farm…

Berkshire Hathaway Boosts Stake in Occidental Petroleum to 24.4%

May 19, 2023

Berkshire Hathaway Inc said on Thursday it had acquired more shares of Occidental Petroleum Corp, boosting its stake in the oil company to 24.4%.In a regulatory filing, the conglomerate controlled by billionaire Warren Buffett said it paid about $201 million for 3…

World's Largest Floating Wind Farm Powers Up Another Norwegian Offshore Field

May 17, 2023

Norwegian oil and gas Equinor has informed that the Hywind Tampen floating wind farm, the world's largest, has started delivering power to its Snorre field, offshore Norway.'As the operator, we’re proud to announce on behalf of the partners…

Taiwan's Offshore Wind Industry Braves Cross-strait Risks in Clean Energy Boom

May 11, 2023

In the port city of Taichung on Taiwan's west coast, a crane hoists into place the end section of a white wind turbine tower that stands almost a hundred meters tall.The turbine will be one of 111 spinning at a multi-billion dollar offshore wind…

Berkshire Hathaway's Warren Buffett: No Plans to Buy Occidental Petroleum

May 08, 2023

- Warren Buffett said on Saturday that Berkshire Hathaway Inc is not planning to acquire Occidental Petroleum Corp but remains happy with its large investment in the oil company. Speaking at Berkshire's annual shareholder meeting, Buffett rejected…

Current News

Equinor Renews Subsea Inspection Deal with Subsea 7

Equinor Renews Subsea Inspecti

Saipem Gets DNV Certification for Offshore Asset Lifecycle Management

Saipem Gets DNV Certification

Archer to Remain North Sea Drilling and Maintenance Duty for Aker BP

Archer to Remain North Sea Dri

Tekmar Secures Over $9M Offshore Wind Cable Protection Deal

Tekmar Secures Over $9M Offsho

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