Business & Finance
Burckhardt secures shareholder agreement extension
Swiss LNG equipment company Burckhardt Compression has been able to negotiate an extension of its shareholder agreement for another five years.
Serica suffers Rhum delays due to Awilco rig downtime and weather
Serica Energy has encountered difficulties while conducting a well intervention project on the Rhum field off the UK due to rig downtime and weather delays.
Calcasieu Pass LNG project ahead of schedule, CEO says
U.S. liquefied natural gas export project developer Venture Global LNG has revealed that the construction of its Calcasieu Pass LNG export terminal was ahead of schedule.
Denmark and Germany agree to cooperate on offshore wind and energy hubs
Denmark and Germany have entered into an agreement to strengthen their cooperation on offshore wind and innovative energy hubs. The agreement is the starting point for further cooperation to explore the design of possible joint projects, and in this context, cooperation on the energy hubs in the Nor
Masirah Oil spuds second development well in Oman
Masirah Oil has started drilling a second development well in the Yumna field located offshore Oman, using the Shelf Drilling-owned Tenacious jack-up rig.
Vale winds down the use of converted VLOCs
The Brazilian mining giant Vale has discharged its last cargo in China transported on a converted Very Large Crude Carrier (VLOC), the company said. The move follows Vale’s new risk management approach, made in January 2020, when the company decided to phase-out or substitute all 25 converted vessel
Avangrid submits Kitty Hawk construction and operations plan
Avangrid Renewables has submitted a Construction and Operations Plan (COP) to the federal U.S. Bureau of Ocean Energy Management (BOEM) for the first phase of its Kitty Hawk offshore wind project. The COP also includes findings from an economic impact study (EIS), which anticipates that Kitty Hawk w
Dolphin rig kicks off Pemex gig in Mexico
A semi-sub rig owned by Dolphin Drilling has started working for Pemex in Mexico following the rig preparation and acceptance process.
Plymouth Uni gets over £1 million for floating wind test facility
The University of Plymouth has secured more than £1 million to create a facility for testing new innovations in floating offshore wind technology. This first-of-its-kind facility in the UK will enable physical modeling experiments with wind, wave and currents simultaneously. Data generated in the ex
Jersey planning for North Sea drilling campaign in 2022
Jersey Oil & Gas has identified a new prospect in the UK North Sea after a subsurface evaluation with plans to carry out a drilling campaign from 2022.
Canadians embark on offshore wind mission in UK
The Newfoundland and Labrador Environmental Industry Association (NEIA) is leading an international business development mission to the UK to help businesses from Atlantic Canada explore opportunities in the offshore wind industry. NEIA’s virtual mission is taking a geographic approach over the cour
Maersk sued in Brazil over alleged corruption involving Petrobras
Brazilian prosecutors have filed a civil lawsuit against Maersk, alleging corruption schemes in relation to securing shipping contracts with Petrobras.
Wärtsilä to upgrade Østensjø Rederi vessel duo with hybrid tech
The Finnish technology group Wärtsilä has been selected to retrofit two offshore construction vessels owned by Norwegian operator Østensjø Rederi with a hybrid upgrade solution.
Danish Energy Agency okays Vattenfall’s offshore wind couple
The Danish Energy Agency (DEA) has granted permission for Vattenfall’s Vesterhav Nord and Vesterhav Syd offshore wind projects. The decisions come after the assessment of the supplementary environmental impact assessments (EIAs) for the two wind farms. The go-ahead allows Vattenfall to start the pro