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Breakthrough for Equinor in Polish offshore wind

Breakthrough for Equinor in Polish offshore wind   Today, Poland’s Energy Regulatory Office (ERO) announced Equinor and Polenergia’s Bałtyk II and Bałtyk III projects were awarded contracts for difference (CfD) under the first phase of Poland’s offshore wind development scheme. The projects, with a combined potential capacity of 1440 MW, are among the first to secure o...

OGV Community Catch-up with Andy Buchan from Hiretech Limited

OGV Community Catch-up with Andy Buchan from Hiretech Limited   OGV Energy interviews Andy Buchan from Hiretech Limited, to find out his company and some of the work they do within the Energy sector. The Energy industry can often seem intimidating and challenging from the outside so as part of our OGV Community Catchup series of podcasts, we wanted to shine a light on some of the companies in our OGV Community, to open up the sector for those looking to get involved.   &n...

Ex-Tullow chief targets Africa assets as oil majors retreat

Ex-Tullow chief targets Africa assets as oil majors retreat   The former chief executive of Tullow Oil is launching an Africa-focused venture aimed at capitalising on energy majors’ plans to scale back their oil and gas production. Paul McDade, who spent almost two decades at Tullow as chief operating officer then as chief executive, has spearheaded the takeover of Aim-listed Sterling Energy and will this week rebrand it Afentra, which stands for Africa Energy Transition....

Scottish floating offshore wind farm eyes Chevron-backed platform

Scottish floating offshore wind farm eyes Chevron-backed platform   The 200MW Salamander floating offshore wind project proposed by a joint venture between Simply Blue Energy and Subsea 7 has signed a memorandum of understanding with Ocergy to assess the possible use of its foundation technology. Salamander is planned for 100m-deep waters off the north-east coast of Scotland. The developers aim to secure a lease in the ScotWind process and a contract for difference (CfD) in the UK&...

Neptune Energy acquires interest in the Pegasus West discovery

Neptune Energy acquires interest in the Pegasus West discovery   Neptune Energy today announced it has acquired a 38.75% equity interest from Spirit Energy in the Pegasus West discovery and surrounding acreage (P1724, P1727, P4257 and P2128) in the UK Southern North Sea. Pegasus West was discovered in 2014 and is currently operated by Spirit Energy. Entry by Neptune into the Pegasus West Area aligns interests in both the discovery and the Neptune-operated Cygnus gas facility (Ne...

Ampelmann CEO Jan van der Tempel named European Inventor Award 2021 finalist

Ampelmann CEO Jan van der Tempel named European Inventor Award 2021 finalist    Jan van der Tempel, founder and CEO of Ampelmann, has been chosen as a finalist in the Industry category for this year’s European Inventor Award. He has been nominated for inventing the motion compensated gangway systems that Ampelmann is known for, and for his contribution to the safety of the offshore access industry. "Van der Tempel has not only developed innovative technical solutio...

“A new way to travel,” claims Ventur, as it unveils new identity

“A new way to travel,” claims Ventur, as it unveils new identity   A travel management company is claiming to offer ‘a new way to travel’ following a business transformation to elevate standards of service and deliver clients a premium, tailored travel management experience. Ventur, formerly known as Traveleads, unveils its new identity today after in-depth research, which saw its customers valuing the expertise, consultative service and relationships with...

Maersk Training and Shell announce new offshore training partnership for the Gulf of Mexico

Maersk Training and Shell announce new offshore training partnership for the Gulf of Mexico   The Shell Robert Training and Conference Centre in Louisiana has established a new partnership with Maersk Training, which will see the global safety specialists deliver enhanced training to the Gulf of Mexico offshore workforce. The agreement will combine the world-class infrastructure and training set-up at the Shell Robert Centre with Maersk Training’s experienced instructors and...

Velesto rig working for ConocoPhillips sinks off Malaysia

Velesto rig working for ConocoPhillips sinks off Malaysia   A jack-up drilling rig owned by Malaysia’s Velesto Energy has sunk offshore Malaysia while working for the oil major ConocoPhillips. The board of directors of Velesto Energy Berhad has informed that an incident involving one of its rigs, Velesto NAGA 7 jack-up, occurred at the worksite due to rapid penetration into the formation on Monday, 3 May 2021, while operating offshore Sarawak for a client. The NAGA 7 rig t...

Right To Work: Right To Change Policy Now?

Right To Work: Right To Change Policy Now?   A revision to the UK Government’s right to work policy framework is causing bemusement among some businesses – primarily because it may be seen to override some of the safety principles behind the ongoing Covid-19 restrictions, says Kelly Hardman, an Edinburgh-based Solicitor at global immigration law firm Fragomen. She offers her take on how the Home Office is choosing not to be a flexible friend to prospective employers&hellip...

Seall - Advances in maritime training, tradition, or technology?

Seall - Advances in maritime training, tradition, or technology?   Following an interesting conversation during a virtual panel session I took part in last week, I wanted to touch on the importance of training within the shipping and marine industry, the evolution of it, and the importance of blending traditional guidance methods with as intuitive technology for optimal results when training new mariners.  At SEALL, we use our expertise in software development to turn complex...

TOTAL Cray Valley and Gevo to Further Scale Up Development of Renewable Isoamylene from Fusel Oil

TOTAL Cray Valley and Gevo to Further Scale Up Development of Renewable Isoamylene from Fusel Oil   TOTAL Cray Valley and Gevo, Inc. announced today the successful completion of Phase 1 of their Joint Development Agreement (JDA) to upgrade fusel oils into renewable isoamylene. The companies are now seeking to advance to Phase 2 of the JDA, which will allow for scale-up of Gevo’s technology at a demonstration scale. Fusel oils, made during the production of ethanol, equate to...

Worley - The workforce of the net zero future

Worley - The workforce of the net zero future Opinion piece from Geeta Thakorlal, President, Energy Transition and Digital, Worley   Climate change is the defining challenge of our generation. So, what does this mean for the future workforce? Its stark reality is shifting societal expectations. And brings a demand for low-carbon energy. International net zero commitments are the rallying call for government, industry, and individual action. And at the centre of the global re...

Worley - How can we work together to decarbonise the North Sea?

Worley - How can we work together to decarbonise the North Sea? Opinion piece from Eoghan Quinn, Vice President, Power & New Energy, Worley   Could renewable and digital technology come together to revolutionise an ageing oil basin? For thousands of years, humans have worked together to achieve incredible things. When we look back at the world 12 months ago, could we have imagined finding multiple vaccines for a global pandemic that are being given to millions of people ever...

UK North Sea Energy Review – May 2021

UK North Sea Energy Review – May 2021   The North Sea Transition Deal and its implications on the oil and gas sector was this past month’s highlight of the UK North Sea industry, which also saw production and development updates and a flurry of new services contracts.  The UK Government said at the end of March that a landmark North Sea Transition Deal was reached with industry—a deal to support the oil and gas industry’s transition to clean, green ene...

Neodrill announces North Sea frame agreement with Lundin Energy Norway

Neodrill announces North Sea frame agreement with Lundin Energy Norway   Neodrill has signed a frame agreement with major oil and gas operator Lundin Energy for the deployment of CAN-ductor technology. The growth of the Neodrill-Lundin relationship, which has developed over the past seven years, highlights the drive of forward-thinking operators to utilize innovative technologies to modernize and streamline operations around environmentally conscious processes. The initial four-yea...

Exxon Earns $2.7B in First Quarter

Exxon Earns $2.7B in First Quarter   Exxon Mobil Corporation has announced estimated first quarter 2021 earnings of $2.7 billion, or $0.64 per share assuming dilution. The figure compares with a loss of $610 million in the first quarter of last year. Results included unfavorable identified items of $31 million, or $0.01 per share assuming dilution, the company noted. Total revenues in the first quarter stood at $59.1 billion in 2021 and $56.1 billion in 2020, with total costs at $...

Valaris Successfully Completes Restructuring

Valaris Successfully Completes Restructuring   Valaris Limited ("Valaris" or the "Company" and together with its subsidiaries, the "Valaris Group") today announced that, on April 30, 2021, the Valaris Group has successfully completed its financial restructuring and emerged from chapter 11. The Valaris Group's Plan of Reorganization (the "Plan") was approved and confirmed by the United States Bankruptcy Court for the Southern District of Tex...

Norway regulator to investigate Equinor oil spill

Norway regulator to investigate Equinor oil spill   Norway's petroleum safety watchdog said on Monday there had been an oil spill from Equinor's Gullfaks C platform in the North Sea on April 26, and that the incident will be investigated. "This discharge is understood to have occurred in connection with starting up production from the Tordis field, which is tied back to Gullfaks C," the Petroleum Safety Authority (PSA) said in a statement. "Oil was observe...

Baker Hughes awarded subsea contract for Petrobras’ Marlim and Voador fields in Brazil

Baker Hughes awarded subsea contract for Petrobras’ Marlim and Voador fields in Brazil   Baker Hughes has been awarded a subsea oilfield equipment contract from Petrobras as part of the Marlim and Voador field revitalization plan in the Campos Basin, offshore Brazil. The contract includes several key technologies from Baker Hughes’ Subsea Connect portfolio and will provide Petrobras with a connected suite of solutions to help drive efficiencies, reduce costs and improve ex...
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