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U.S. Energy Secretary Nominee Defends Biden's Green Push

Jan 29, 2021

U.S. President Joe Biden's nominee for energy secretary, Jennifer Granholm, defended his administration's push for a clean energy transition as senators from fossil fuel producing states raised concerns about its impact on jobs at her Senate confirmation hearing on Wednesday…

DEME Installs First Turbine at RWE's Triton Knoll Offshore Wind Farm

Jan 25, 2021

Belgium-based offshore installation firm DEME has installed the first wind turbine at RWE Renewables' 857MW Triton Knoll Offshore Wind Farm in the UK. DEME is responsible for the transportation and installation of the 90 MHI Vestas V164-9.5 MW turbines…

Elon Musk's Firm Buys Two Offshore Rigs to Serve as Launchpads for SpaceX Rockets

Jan 20, 2021

Two offshore drilling rigs, previously used for oil and gas exploration beneath the seabed, could soon help with space exploration.Namely, according to multiple reports this week, a company linked to billionaire Elon Musk bought two deepwater semi-submersible drilling rigs last year…

Republicans Seek to Block Biden's Oil Leasing Halt

Jan 29, 2021

Republican senators from oil-producing states introduced legislation on Thursday that would block the Biden administration's order pausing new oil and gas leasing on federal lands.The bill, introduced by Senator Bill Cassidy of Louisiana and 24 other senators…

ABS Grants AIP for CMI's Deepsea Mining System

Jan 25, 2021

In what has been described as an industry first, maritime and offshore classification society American Bureau of Shipping (ABS) has awarded China Merchants Industry (CMI) Approval in Principle (AIP) for its deep-sea mining system design.The…

PetroRio Nears Full Takeover of Frade Offshore Field. Decom Costs Cut

Jan 22, 2021

Brazilian oil company PetroRio has received regulatory approval to acquire a 30% stake in the Frade oil field in the Campos Basin offshore Brazil from Petrobras.The company expects that the procedures for the assignment of 30% interest to PetroRio will be completed in the upcoming days…

Total to Keep Investing in Renewables in 2021, says CEO

Jan 08, 2021

Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick Pouyanne told an Oddo BHF conference on Friday. Total is trying to reduce its dependence on oil and shift towards electricity and renewable energy…

NEO Energy in Exclusive Talks to Buy ExxonMobil's North Sea Assets

Jan 21, 2021

North Sea-focused oil company NEO Energy has entered into exclusive talks with ExxonMobil to buy the U.S. oil giant's UK North Sea assets.NEO, backed by Norwegian private equity investor HitecVision, said Thursday that if the talks are successful…

EnQuest Completes Bressay Field Stake Buy

Jan 21, 2021

London-listed oil firm EnQuest has completed the acquisition from Equinor of a 40.8125% interest in the Bressay oil field development on the UK continental shelf. It has also become the operator of the project.As a result, EnQuest has a 40.81%…

US Plans to Sanction Russian Vessel Involved in Nord Stream 2

Jan 18, 2021

The United States has told European allies it plans to impose sanctions on a Russian pipe-laying ship, 'Fortuna', involved in construction of the Nord Stream 2 gas pipeline from Russia to Germany, German business daily Handelsblatt reported on Monday…

Shift to Renewables Eases Key Environmental Problems, EU says

Jan 18, 2021

Europe's shift from fossil fuel-based electricity to renewable sources has reduced environmental problems while also cutting the greenhouse gas emissions causing climate change, the European Environment Agency (EEA) said on Monday.Renewable…

SMM's Offshore Dialogue: The Value Of Wind And Water

Jan 12, 2021

At the SMM Hamburg's Offshore Dialogue online conference on February 2, international experts will discuss current trends in the offshore wind farms segment, technical challenges facing tidal and wave energy conversion, and innovative ocean monitoring technologies…

Siemens Gamesa to Charter Ziton's Jack-up

Jan 12, 2021

Danish offshore wind farm vessel provider Ziton has secured a contract for the Wind Enterprise jack-up vessel with the wind turbine maker Siemens Gamesa.According to Ziton's statement on Tuesday, Siemens Gamesa has, through a tender, selected…

EIG Sells Share in Brazil-Bolivia pipeline, Eyes Petrobras' Assets

Jan 06, 2021

EIG Global Energy Partners has sold to Fluxys Belgium a portion of South America's biggest natural gas pipeline, clearing a regulatory obstacle to buying a bigger share of the Brazil-Bolivia duct, EIG's CEO said on Tuesday.U.S.-based EIG wants…

TMC to Deliver Compressors for Shell's Bonga FPSO

Jan 11, 2021

TMC Compressors (TMC), a Norway-based provider of compressed air systems for the marine and offshore industry, has won a contract to supply a complete offshore topside compressed air system to Shell's Bonga Main FPSO in Nigeria.TMC will deliver…

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