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Eni to Develop Separate Energy Transition Units

Mar 14, 2024

Italy's Eni said on Thursday it would embrace transition by creating separate units specialising in carbon capture and bio chemicals, adding to already existing renewable energy and biofuel subsidiaries.The four units would eventually attract…

Developers Submit EIA for Italian Floating Offshore Wind Farm

Mar 14, 2024

Renantis and BlueFloat Energy have submitted the Environmental Impact Assessment (EIA) for Kailia Energia floating wind farm, the second offshore wind project being developed in Italy by the partners.Kailia Offshore Wind Project will be located off the coastline between Brindisi and San Cataldo…

Energean Power FPSO Producing at Full Capacity as Karish North Goes Online

Feb 29, 2024

Oil and gas company Energean has brought the Karish North and second gas export riser online at the Karish field in the Mediterranean Sea, offshore Israel.Karish North first gas was safely achieved on February 22, 2024, Energean informed. The…

Petrobras Shares Plunge on Dividend Frustration, Downgrades

Mar 08, 2024

Shares of Brazil's state-run oil company Petrobras plunged more than 11% in opening trading in Sao Paulo on Friday, after the firm's dividend frustrated investors and triggered analyst downgrades.In a fourth-quarter earningsrelease late on Thursday…

Vard to Deliver Tailor-Made Offshore Wind CSOV for Norwind Offshore

Mar 08, 2024

Norwegian shipbuilder Vard has secured a contract for the design and construction of one tailor-made offshore wind commissioning service operation vessel (CSOV) for Norwind Offshore, with options for two additional vessels.Vard signed the contract with Navigare Capital Partners…

Exxon's Curveball Move in Guyana Alters Chevron-Hess Deal Prospects

Feb 28, 2024

ExxonMobil's surprise challenge to Chevron's acquisition of Hess through a dispute over a stake in a major Guyana oil field could prove fruitful for the U.S. oil giant, even if it does not end up enlarging its holdings in the South American country…

Norway's Oil Industry Resumes Helicopter Flights After Deadly Crash

Mar 01, 2024

Norwegian oil companies resumed helicopter flights to offshore oil and gas fields on Friday following Wednesday's deadly crash off the country's west coast, operator Equinor and airports said on Friday.On Thursday helicopter traffic was halted…

Valeura Buys Nong Yao Field’s FSO Aurora and Expands Wassana Drilling Campaign

Feb 13, 2024

Valeura Energy has bought the Nong Yao field’s FSO Aurora for $19 million, and expanded the drilling program at its Wassana field in light of favorable initial results.In a February 13 update shared by the company, Valeura said it had exercised…

Shell Starts Oil Production from Deepwater Project in Gulf of Mexico

Feb 23, 2024

Shell Offshore, a subsidiary of UK-based energy major Shell, has started production at Rydberg, a subsea tie-back to its Appomattox production hub in the Gulf of Mexico.With an estimated peak production of 16,000 barrels of oil equivalent per day (boe/d)…

Brassavola Completes Maiden Ship-to-Ship LNG Bunkering Operation

Feb 19, 2024

Pavilion Energy, the charterer of Singapore’s recently delivered first membrane LNG bunker vessel Brassavola, has concluded its first Ship-to-Ship (STS) LNG bunkering operation.Pavilion Energy said on February 19, 2024, the bunkering operation to Rio Tinto chartered dual-fueled bulk carrier…

Noble Resolute Rig on Extended Stay in North Sea

Feb 14, 2024

Offshore drilling contractor Noble Corporation has secured contract extension for its harsh-environment jack-up rig Noble Resolute in the North Sea.The contract extension for Noble Resolute comes from Petrogas E&P Netherlands, part of Oman-based Petrogas E&P…

Petrogas E&P Brings Dutch Gas Project On Stream

Feb 14, 2024

Petrogas E&P Netherlands, part of Oman-based Petrogas E&P, has started producing gas from the A15 platform installed in the Dutch North Sea.Petrogas E&P Netherlands, along with its partners EBN, Rockrose, and TAQA, produced first gas from the A15 project on February 12…

Fugro Sets Up South Korea Base for Offshore Renewables

Feb 15, 2024

Dutch survey company Fugro has opened a new office South Korea, dubbed ‘Fugro UST21’, as part of a joint venture with South Korean marine technology company UST21.Based in Incheon, the new office will provide geo-data solutions for South Korea’s growing offshore renewable energy sector…

Neptune Gets Green Light to Drill Duva Wildcat Well

Feb 07, 2024

The Norwegian Offshore Directorate has granted Neptune Energy Norge a drilling permit for the new exploration well at Duva field in the North Sea.The permit is for the 36/7-5 S wildcat well at Duva field (production license 636) which will be done using Deepsea Yantai semi-submersible drilling rig…

Expro Bolsters Well Construction and Intervention Offer with Coretrax Buy

Feb 13, 2024

Oilfield services provider Expro has entered into a definitive agreement to acquire well integrity and production optimization company Coretrax from an investment group led by Buckthorn Partners for $210 million.Subject to customary closing conditions and working capital adjustments…

Current News

KOIL Energy Lands First Brazil Subsea Maintenance Job

KOIL Energy Lands First Brazil

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Allseas Readies Overhauled Sol

Oil Eases After Topping $100, Still Set for Weekly Rise

Oil Eases After Topping $100,

Expro Strengthens Offshore Drilling Business with New Acquisition

Expro Strengthens Offshore Dri

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