Latest News - page 62

 

RINA Clears Saipem’s Protocol for Subsea Hydrogen Pipeline Materials

Aug 08, 2024

Italian classification and marine engineering consultancy RINA has issued two certifications for Saipem’s methodology of qualification of the performances of subsea hydrogen pipelines.One of the challenges of transporting hydrogen through converted…

Harbour Energy Shrinks Full-Year Production Outlook

Aug 08, 2024

Harbour Energy, the largest British North Sea oil and gas producer, reported a net profit for the first half of the year from a year-earlier loss and narrowed its full-year 2024 total production outlook on Thursday.Following a spike in energy prices in 2022…

SBM Offshore to Build FSO for Woodside’s Trion Development Off Mexico

Aug 08, 2024

Dutch FPSO leasing specialist SBM Offshore has signed a contract with Woodside for the construction of a floating storage and offloading (FSO) unit for the Trion deepwater oil field, located in the Perdido Belt of the western Gulf of Mexico…

Oxy Beats Second-quarter Profit Estimates

Aug 07, 2024

Occidental Petroleum on Wednesday beat Wall Street estimates for second-quarter profit, in the first results since it closed the $12 billion acquisition of CrownRock last week.The Houston-based oil and gas firm benefited from higher oil production and a rise in crude prices…

Improved Security Lifts Nigeria's Oil Output

Aug 07, 2024

Nigeria's oil output has risen to between 1.6 million and 1.7 million barrels per day after the government beefed up security to curb crude theft, Chief of Naval Staff Emmanuel Ikechukwu Ogalla said on Tuesday.Crude production in Nigeria, a…

Sea1 to Manage Viking Supply Ships' AHTS Fleet

Aug 07, 2024

Sweden-based Viking Supply Ships on Tuesday announced plans to outsource the management of its six anchor handling tug supply (AHTS) vessels to Sea1 Offshore, based in Norway.The management agreements are scheduled to be completed in October 2024…

Renewables Expert Zahirovic Joins ORE Catapult Board

Aug 07, 2024

The UK’s largest technology innovation and research center for offshore renewables, Offshore Renewable Energy (ORE) Catapult, announced it has appointed Maida Zahirovic, head of renewables at James Fisher & Sons plc, as a non-executive director…

Woodside Disputing Senegal Tax Assessment

Aug 07, 2024

Australia's Woodside Energy, which operates Sangomar oil and gas field in Senegal, said on Wednesday it had filed a court action in the capital Dakar over a tax assessment.The company, which holds an 82% participating interest in Senegal's first offshore project…

Equinor Exits Suriname

Aug 07, 2024

Equinor and ExxonMobil Corp said on Wednesday they have transferred their stakes in a deepwater oil and gas exploration block off Suriname to Hess Corp, with the Norwegian oil producer exiting the South American country.The exit aligns with…

Offshore Wind: Inside the Financial Web

Aug 07, 2024

Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the ‘utility finance’ basket, they are ultimately…

Ørsted Kicks Off World’s First Cargo Drone Ops at Dutch Offshore Wind Farm

Aug 07, 2024

Ørsted has started deploying heavy-lift cargo drones (HLCD) for the first time in an operational campaign at the Borssele 1&2 offshore wind farm.The move marks a significant leap forward in operational efficiency and safety in the offshore wind industry…

CNOOC’s Deepwater Field Boasts Over 100 bcm Proven Gas Reserves

Aug 07, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has announced its deepwater Lingshui 36-1 gas field in the South China Sea boasts proven reserves of more than 100 billion cubic meters (bcm).CNOOC said the…

ConocoPhillips Hires Raptor Data for P&A Verification and Validation

Aug 07, 2024

Scottish company Raptor Data has secured a contract from ConocoPhillips to manufacture and deploy a fleet of tools for the verification of plug and abandonment (P&A) operations, based on its acoustic telemetry technology, Pathfinder.The global contract will start with initial deployment in Norway…

CCS Firms Secure CO2 Acreages Off Australia

Aug 07, 2024

deepC Store and Azuli International have been awarded Greenhouse Gas Assessment Permit (GHG Acreages) in the Bonaparte and Browse Basins off Australia, and have entered into a joint study agreement for a strategic partnership with Japanese company J-POWER…

BlueFloat Selects Site for Floating Wind Demo Project Offshore Taiwan

Aug 07, 2024

BlueFloat Energy has revealed the site location for its floating wind project, which will participate in the upcoming floating demonstration program, due to be launched by the Taiwanese government later in 2024.The ‘Winds of September Phase 1’ project…

Current News

Korean Operator Orders Offshore Wind CTV from Strategic Marine

Korean Operator Orders Offshor

Serica Energy Lowers 2024 Production Outlook Due to Triton FPSO Outage

Serica Energy Lowers 2024 Prod

EU Court Rejects Nord Stream 2 Challenge to Gas Legislation

EU Court Rejects Nord Stream 2

Norway and South Korea Strengthen Offshore Wind Ties

Norway and South Korea Strengt

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