Latest News - page 54

 

Strategic Marine Delivers Fast Crew Boat for Brunei's Oil and Gas Sector

Oct 07, 2024

Singapore-based shipbuilder Strategic Marine has delivered the Amarco S1 fast crew boat to Amarco which will be put to long-term operation for Brunei’s oil and gas sector.The 42-meter Amarco S1 vessel is powered by triple Baudouin 12M26.3 engines coupled with ZF3050 gearboxes…

Eni Strengthens LNG Ties with Japan

Oct 07, 2024

Eni and the government agency Japan Organization for Metals and Energy Security (JOGMEC) have signed a memorandum of cooperation with the aim of collaborating in the gas and LNG field to increase diversification of supply sources.The memorandum…

TotalEnergies Joins RWE in 4GW Offshore Wind Scheme in Germany

Oct 07, 2024

TotalEnergies has made an agreement with RWE to acquire 50% equity stake in two large-scale offshore wind projects in Germany, whose combined capacity is 4 GW.RWE was awarded the sites in the latest offshore wind auction in Germany in August…

BP Scraps 2030 Production Target as It Scales Back Energy Transition Strategy

Oct 07, 2024

BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, three sources with knowledge of the matter said.When unveiled in 2020, BP's…

Esgian Week 40 Report: TotalEnergies Sanctions New Development

Oct 06, 2024

Esgian highlights news from TotalEnergies in its Week 40 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesThe Norwegian Ocean Industry Authority (Havtil) has given Aker BP consent to use the 492-ft jackup Noble Invincible…

Oil Set for Biggest Weekly Gains in Two Years

Oct 04, 2024

Oil prices rose for a fourth consecutive session on Friday as investors braced for a potential Israeli strike on Iranian energy infrastructure, setting up crude benchmarks for their biggest weekly gains since OPEC+ began curtailing output two years ago…

Enbridge to Build Pipelines for BP’s US Gulf of Mexico Deepwater Oil Project

Oct 04, 2024

Canadian pipeline company Enbridge has secured an agreement with BP to build, own, and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently sanctioned Kaskida development.The crude oil pipeline, named the Canyon Oil Pipeline System (Canyon Oil)…

UK Commits $28.4B for CCS Projects Over Next 25 Years

Oct 04, 2024

The United Kingdom has pledged to provide up to $28.4 billion (£21.7 billion) in funding for carbon capture and storage (CCS) and hydrogen technology and projects over 25 years, being developed in northern England, in an effort to curb CO2 emissions…

Eni Gets Lease from Crown Estate for UK’s HyNet CCS Project

Oct 04, 2024

The Crown Estate has awarded an agreement for lease to Eni for the HyNet project, the first carbon capture and storage (CCS) project in the UK to repurpose existing pipeline infrastructure, reducing both cost and the environmental impact of construction…

Sea1 Offshore Secures Work for AHTS Fleet in Australia

Oct 04, 2024

Norwegian offshore vessel owner Sea1 Offshore, formerly Siem Offshore, has secured a multi-well project for three anchor handling tug supply (AHTS) vessels in Australia.The contract begins in second to third quarter of 2025, for a firm period of around 380 days up to 670 days per vessel…

Petrobras Confirms Magnitude of Gas Discovery in Colombia

Oct 04, 2024

Brazil’s state-owned oil giant Petrobras has informed that the gas potential of the discoveries in the Gujaira Basin offshore Colombia is around 6 trillion cubic feet (Tcf).The gas discoveries in the Uchuva-1 and Uchuva-2 wells, renamed Sirius-1 and Sirius-2…

Velesto Teams Up with SLB to Enhance Drilling Rig Capabilities

Oct 04, 2024

Malaysia-based Velesto Energy, through its subsidiary Velesto Drilling, has signed a memorandum of understanding with SLB to enhance performance of its drilling rigs.The three-year collaboration will see SLB deploy its DrillOps Intelligent Well…

CTVs: Future-proofing Today’s Offshore Wind Solutions

Oct 03, 2024

The first commercial application of Volvo Penta’s IPS Professional Platform will power Northern Offshore Services’ next-gen crew transfer vessel. Longtime collaborators Volvo Penta and N-O-S aim to more than satisfy the unique requirements of a possible 25x increase in offshore wind production…

Turkish Ship to Begin Oil Search off Somalia

Oct 03, 2024

A Turkish seismic research vessel plans to arrive off the coast of Somalia at the end of October and begin searching for oil and natural gas, after the countries agreed on energy cooperation, Turkey's energy ministry said on Thursday.The March…

MCDermott Gets Pipelines and Cables Job at Qatar's Giant Gas Field

Oct 03, 2024

McDermott has secured an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) offshore pipelines and cables project, part of the world's largest liquefied natural gas (LNG) project…

Current News

BOEM Boosts Monetary Penalties for Oil & Gas firms

Portugal Selects Four Offshore Wind Farm Sites Ahead of Auction

Technical Issue Shuts Down BP’s Caspian Sea Gas Platform

Kazakhstan Orders Kashagan Oil Field Operator to Pay $6.6M Fine

Subscribe for OE Digital E‑News