Activity News

 

Saipem to Deliver Subsea Structures for Exxon's Most Expensive Offshore Oil Project in Guyana

May 04, 2023

Italian offshore energy services firm Saipem has received from ExxonMobil the authorization to proceed with the final phase of its contract related to the delivery of subsea systems for the Uaru oil field development project in Guyana.In December 2022…

Technip Energies Sets Up Green Hydrogen JV, Beats Quarterly Earnings Expectations

May 04, 2023

French oil and gas services group Technip Energies on Thursday announced a green hydrogen solutions joint-venture with Belgian group John Cockerill, while reporting stronger-than-expected first-quarter earnings. The need to combat climate change…

Shell Posts Q1 Profit of $9.65B

May 04, 2023

Shell on Thursday posted first-quarter net profit of $9.65 billion, topping analysts' forecasts, as strong earnings from fuel trading offset cooling oil and gas prices. Shell kept its dividend unchanged at $0.2875 per share and also kept the…

Norway Oil Workers Agree Wage Deal, Avert Strike

May 03, 2023

Wage talks between Norwegian oil firms and two labor unions ended in a deal on Wednesday, industry and union officials said, averting the risk of strike action later this year.The Lederne union as well as Industri Energi both came to an agreement with companies…

BeWild Project to Assess Impact of Offshore Wind Farms on Biodiversity

May 03, 2023

Dutch offshore survey services provider Fugro, together with other project partners, said Wednesday it would work to develop innovative methodologies and technologies for remotely collecting environmental DNA (eDNA) samples in the North Sea as part of a project called BeWild…

Early Start for 'Safe Zephyrus' in Brazil

May 03, 2023

Offshore accommodation firm Prosafe said Wednesday that its Safe Zephyrus semi-submersible vessel for safety and maintenance support had started its contract offshore Brazil with Petróleo Brasileiro SA ('Petrobras').The contract started on April 30 and has a firm commitment period of 650 days…

BOEM Invites Public Input on Offshore Wind Research Lease in Gulf of Maine

May 03, 2023

The U.S. Bureau of Ocean Energy Management (BOEM) plans to review potential environmental impacts related to the possible issuance of an offshore wind energy research lease in the Gulf of Maine. The State of Maine requested the lease to research potential floating offshore wind energy development…

Falkland Islands: Argos Resources Plans to Wind Up Company After Sale of Sole Asset PL001

May 03, 2023

Oil and gas exploration company Argos Resources is set to sell its sole asset, the PL 001 production license in the North Falkand Islands, which is estimated to hold around 3 billion barrels of oil, to JHI. After completing the transaction,…

EEW SPC to Deliver 36 Monopiles for Denmark's Largest Offshore Wind Farm

May 03, 2023

Germany offshore wind monopile foundation manufacturer EEW SPC has won a contract from RWE to produce 36 of the total 72 foundations for the Thor offshore wind farm in Denmark.EEW SPC will build the monopiles at its Rostock site in Germany.…

Former Aker Solutions CEO, Luis Araujo, Becomes Chairman of CRC Evans

May 03, 2023

Bluewater-backed CRC Evans, a company offering welding and coating services to the energy sector has appointed Luis Araujo, former CEO of Aker Solutions, as its Chairman to help drive its next growth phase.'The appointment comes after a transformational year for the business…

TotalEnergies Sues Greenpeace Over Emissions Report

May 03, 2023

French oil major TotalEnergies has sued environmental group Greenpeace France and climate consulting firm Factor-X over a report claiming the company massively underestimated its 2019 greenhouse gas emissions, TotalEnergies said on Wednesday…

Subsea 7, OneSubsea Alliance Wins Substantial Subsea Tie-back Contract in Egypt

May 03, 2023

Subsea Integration Alliance has won a 'substantial' subsea tie-back contract from BP and its joint venture partner Wintershall Dea for the Raven Infills Project offshore Egypt.  The Raven field is a stage of BP's major West Nile Delta (WND)…

BP to Pay $1B Under UK's Windfall Tax

May 03, 2023

BP expects to pay $1 billion under Britain's windfall tax on the oil and gas sector between May 2022 and April 2023, the company said on Tuesday.BP paid a total of $650 million in tax in Britain in the first quarter of 2023, of which $300 million came under the Energy Price Levy (EPL)…

TotalEnergies to Invest in Seventh FPSO Offshore Angola

May 03, 2023

TotalEnergies, Sonangol, and Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG), have signed a heads of agreement related to the future development of the Cameia and Golfinho fields, located on Blocks 20 and 21 in the Kwanza basin, offshore Angola…

DEME Wins Contracts Worth Over EUR 300M for French Offshore Wind Farm Work

May 03, 2023

Belgium-based offshore wind installation services firm DEME Offshore said Wednesday it had secured three contracts for the Dieppe Le Tréport offshore wind farm in France. DEME said the combined contracts represented a ‘large’ contract, which…

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Perenco Installs Kombi-II MOPU

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