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Shearwater GeoServices Secures South East Asia Survey Deal

Sep 21, 2021

Marine seismic data acquisition firm Shearwater GeoServices has won a contract in South East Asia.The company said the deal, with an unnamed client, was for a 3D survey project.The project, starting in early October 2021, will be conducted by the 107 meters long SW Duchess vessel…

Some 28% of U.S. Gulf of Mexico Crude Output Offline

Sep 17, 2021

U.S. Gulf Coast crude oil exports are flowing again after recent hurricanes took out 26 million barrels of offshore production, according to sources and Refinitiv Eikon data, with local prices easing as more shipments moved out of the region…

Neptune Energy Seeks Permission to Boost Cygnus Field Output Amid Soaring Gas Prices

Sep 21, 2021

Oil and gas firm Neptune Energy has written to Britain’s energy minister asking for a change in regulation to allow it to produce more domestic gas from its North Sea field amid record gas prices, a letter seen by Reuters showed.Benchmark British…

Funds Rebuild Bullish Oil Position After Hurricane Outage in Gulf of Mexico

Sep 21, 2021

Hedge funds purchased crude after disruption to offshore production in the Gulf of Mexico lasted longer than expected, extending a drawdown of already-tight petroleum inventories.In the week to Sept. 14, hedge funds and other money managers…

Over Two-thirds of Offshore Oil Output Remains Shut in U.S. Gulf of Mexico

Sep 13, 2021

U.S. offshore oil companies restored almost 200,000 barrels of production on Friday, while most of the Gulf Coast crude output remained offline following Hurricane Ida, government data showed.The storm hit the U.S. Gulf of Mexico almost two weeks ago…

BP Charters Prosafe Flotel for UK North Sea Work

Sep 20, 2021

Oil and gas company BP has chartered Prosafe's offshore accommodation rig Safe Zephyrus for work in the UK North Sea.The Safe Zephyrus,  with beds for 450 persons, in single-man cabins, will provide gangway-connected operations to support the…

Karoon Eyes Growth in Brazil with Own Oil Fields, Acquisitions

Sep 20, 2021

Karoon Energy sees strong growth prospects in Brazil, where it started producing oil last year, working to more than double output by 2023 and considering two options to develop another field by mid-decade, its chief executive said on Monday…

Final Offshore Wind Turbine Installed at Moray East

Sep 15, 2021

Ocean Winds (OW), a 50-50 joint venture between EDP Renewables (EDPR) and ENGIE, has said that the final offshore wind turbine has been installed at what is currently Scotland’s biggest windfarm: Moray East.The project currently has all 100 turbines with a capacity of 9…

Quick Nord Stream 2 Start-up Would Calm Record-high Gas Prices in Europe, Kremlin Says

Sep 17, 2021

A rapid startup of the Nord Stream 2 gas pipeline from Russia to Germany could help calm record-high gas prices in Europe, Kremlin spokesman Dmitry Peskov told reporters on Wednesday, as Moscow awaits for regulatory clearance for gas flows to begin…

Oil Holds Above $75 on Big U.S. Inventories Drop With Gulf Output Still Recovering from Ida

Sep 16, 2021

Oil held above $75 a barrel on Thursday, within sight of a multi-week high hit a day earlier, supported by a big drop in U.S. crude inventories and surging European natural gas prices.U.S. crude inventories fell by 6.4 million barrels last week…

Cotta Named Supply Chain Manager for Mayflower Wind

Sep 14, 2021

Massachusetts offshore wind developer Mayflower Wind announced it has hired Will Cotta as its supply chain manager.Cotta, who has experience working with the Mass Clean Energy Center and the offshore wind industry, is charged with growing Mayflower’s…

Nexans in Cable Deal Talks with 'Leading' Offshore Wind Developer

Sep 10, 2021

Offshore cable construction and installation firm Nexans has said it has entered into exclusive negotiations with an unnamed 'leading developer' to supply and install onshore and offshore export cables for 'a significant' offshore wind farm in the UK…

UK Union Calls for Stronger Link Between Offshore Wind Projects and Local Jobs

Sep 13, 2021

As the UK on Monday launched its biggest renewable scheme - Contracts for Difference (CfD) scheme - aimed at encouraging offshore wind investments, offshore workers' union RMT has called for a stronger link between offshore wind projects and local jobs and businesses…

VIDEO: Guyana's Second FPSO Sets Sail from Singapore

Sep 09, 2021

Liza Unity FPSO, set to become Guyana's second offshore production unit, has been completed in Singapore and has set sail towards Guyana.Keppel Shipyard, responsible for the construction and integration of the topside modules with the China…

Serica Energy Names CFO. Brings Online North Sea Well

Sep 03, 2021

UK North Sea-focused oil and gas company Serica Energy has appointed Andy Bell as Chief Financial Officer and a director of the company.Bell, 69, joined Serica in 2017 as VP Finance after previously providing financial consultancy services to Serica…

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