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Offshore Helicopters: Bristow in Long-term Maintenance Support Deals for AW139 Fleet

Jun 30, 2022

Offshore helicopter specialist Bristow Group has signed long-term maintenance support agreements with Leonardo Helicopters for airframes and Pratt & Whitney for engines on Bristow's global fleet of AW139 helicopters. AW139 helicopters offer seating for 12 persons…

State Agency Wants Net-zero Carbon Emissions from Australia's Giant LNG Plant

Jun 30, 2022

A state agency in Australia has backed a plan to extend the life of the country's biggest liquefied natural gas plant by 50 years, so long as it achieves net zero carbon emissions for the rest of this decade, partly to protect ancient indigenous rock art…

Petrobras Elects New CEO

Jun 28, 2022

The board of directors of Brazil's Petrobras elected Caio Paes de Andrade as its new chief executive on Monday, as a messy management transition at the state-run oil company inches toward conclusion.Andrade, a former economy ministry official…

Octopus Energy Generation Buys Borssele V Offshore Wind Farm

Jun 29, 2022

A consortium of sellers, including Van Oord, has sold its shares in the Borssele V innovation offshore wind farm to Octopus Energy Generation, one of the largest renewable energy investors in Europe. Designated an innovation site, the Borssele…

Shell Buys Operating Stake in Equinor's North Platte

Jun 29, 2022

Equinor said on Wednesday it has agreed to sell to Shell a 51% operating stake in the North Platte deepwater development project in the U.S. Gulf of Mexico. Equinor will retain 49% interest in the project, now renamed Sparta.Discovered in 2012 by Cobalt International Energy…

Petrobras Buys Its First Guyanese Crude Cargo

Jun 22, 2022

Brazilian state-controlled oil company Petrobras has bought its first cargo of Guyanese crude for refining domestically, the company told Reuters, as South America's newest producer expands its market reach.With the start of a second floating production facility in February…

Libra Buys U.S. Shipyard to Build Jones Act Offshore Wind Vessels

Jun 22, 2022

Global group Libra has acquired a U.S. shipyard through a subsidiary to capitalize on growing shipbuilding demand for the offshore wind industry as Washington accelerates efforts to boost cleaner power, top company executives said.U.S. President…

MMA Offshore to Buy Rigs-to-Reefs Specialist Subcon for $8.4M

Jun 23, 2022

Australian offshore support vessel owner MMA Offshore has agreed to buy Perth-based Subcon, a company that provides innovative stabilization, coastal erosion, and engineered reef solutions to the oil and gas, offshore wind, coastal infrastructure…

ION Geophysical Wraps 3D Seismic Project in Mauritania

Jun 24, 2022

ION Geophysical has completed the reprocessing and reimaging of approximately 19,100 km² of 3D seismic data offshore West Africa for its Mauritania 3D reprocessing program. The multi-client program was undertaken through an exclusive agreement with the Ministry of Petroleum…

Oil Firms Looking to Build 1GW Floating Offshore Wind Farm in Norway

Jun 24, 2022

Five oil and gas companies in Norway, partners in the Troll and Oseberg fields in the North Sea, are looking to build a 1GW floating wind farm in the Troll area, with the plan to use the wind farm to power oil and gas installations. The final investment decision could be made in 2023…

Ukraine Hits Crimean Drilling Platforms

Jun 20, 2022

Ukrainian forces attacked drilling platforms in the Black Sea owned by a Crimean oil and gas company, the pro-Russian head of the annexed peninsula said on Monday, giving no details of what weapons were used.Three people were wounded and a search…

Shelf Drilling to Buy Aban Offshore's Jack-up Rig for $30M

Jun 18, 2022

Jack-up drilling rig specialist Shelf Drilling has agreed to buy the Deep Driller 7 jack-up drilling rig from the Indian offshore drilling company Aban Offshore. Shelf Drilling will pay $30 million for the 2008-built jack-up drilling unit. The rig is of Baker Marine Pacific Class 375 design…

ADS Maritime Holding Buys Into Equinor-bound Shuttle Tanker Quarter

Jun 24, 2022

ADS Maritime Holding has agreed to acquire a 5 % shareholding in AET Sea Shuttle AS and AET Sea Shuttle II AS, the owners of four modern shuttle tankers operating in the North Sea, mainly on long term charters to Equinor. The vessels are Eagle Blane…

Germany Could Expropriate Part of Nord Stream 2 Gas Pipeline - Spiegel

Jun 24, 2022

The German government is considering converting parts of the Nord Stream 2 gas pipeline into a connection for a liquefied natural gas terminal on the Baltic Sea coast.Magazine Der Spiegel reported on Friday that the German economy ministry is…

Japan to Resume Offshore Wind Auctions by Year-end After Revising Rules

Jun 23, 2022

Japan's government plans to resume public auctions for offshore wind power projects by the end of this year, after revising rules to draw a wider range of bidders and encourage faster development of new infrastructure.The resumption follows…

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