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VIDEO: Noble Innovator Rig Departs Port of Aberdeen for Central North Sea Decommissioning Project

May 31, 2023

Noble Corp.'s jack-up drilling rig, the Noble Innovator, which in February arrived in the Port of Aberdeen, has now left the port after a 105-day stay to complete a special periodic survey.The Noble Innovator jack-up rig sailed away from Port of Aberdeen’s South Harbour last Friday…

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…

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…

A Decade in the Making: Stena Evolution Drillship Prepares for Gulf of Mexico Debut in 2024 as Contract Secured

May 29, 2023

Offshore drilling contractor Stena Drilling has secured a contract with Shell for the Stena Evolution drillship.The Stena Evolution, built by Samsung Heavy Industries, was originally ordered by Ocean Rig, and named Ocean Rig Crete.Ocean Rig ordered the drillship in 2014…

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…

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…

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…

OSM Maritime Group and Thome Group Get Merger Approvals, Creating a Ship Management Giant

May 22, 2023

OSM Maritime Group and Thome Group have received approvals from competition authorities to merge and create one of the world's largest ship management companies.The merged company, OSM Thome, says it will be a powerhouse in the international ship management market…

Australia Aims to Scale Up Offshore CCS

May 16, 2023

Australia plans to scale up its capability for offshore carbon capture and storage (CCS) and will shortly seek public feedback on a new round of greenhouse gas storage acreage, the country’s resources minister said on Tuesday.The country, one…

Van Oord Makes History with Record-Breaking Subsea Rock Installation Offshore Senegal

May 15, 2023

Dutch offshore installation services firm Van Oord has informed that its flexible fallpipe vessel Stornes has set a new world record. The vessel carried out subsea rock installation works what Van Oord says is a record water depth of 1.364 meters…

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…

Brazil: Petro Rio Finds Oil in Maracanã Prospect Near Valente FPSO

May 09, 2023

Brazilian oil company Petro Rio said Tuesday it had found evidence of oil in the Maracanã prospect (3-PRIO-1-RJS well), which is located 6km southwest of Valente FPSO (ex-Frade FPSO).The primary target (Eocene sandstone), presented a column of 36 meters of oil…

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…

Gulf of Thailand: Uzma Clinches 3-Year Coil Tubing Contract with Valeura Energy

May 11, 2023

Malaysia-based energy industry services firm Uzma has, via its Thai subsidiary MMSVS secured a contract with the oil company Valeura Energy Inc.The three-year contract is for the provision of coil tubing equipment and services in the Gulf of Thailand…

Afentra Enters Angola. Buys Offshore Block Interest from INA

May 10, 2023

Oil and gas company Afentra plc, led by former Tullow CEO Paul McDade, said Wednesday it had completed the acquisition of 4% interest in Block 3/05 and 4% interest in Block 3/05A offshore Angola from Croatia's INA-Industrija.Afentra also said…

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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