Saturday, March 6, 2021
Photo of Shipment of high-grade blue ammonia
Offshore News

Saudi Arabia’s Plan To Dominate The $700B Hydrogen Export Market

By Verity Ratcliffe (Bloomberg) –Sun-scorched expanses and steady Red Sea breezes make the northwest tip of Saudi Arabia prime real estate for what the kingdom hopes will become a global...

March 6, 2021
Total Views: 10943

Wednesday, December 23, 2020
News

Trump Seeks Sanctions On European Subsea Gas Pipeline

By Andrea Shalal (Reuters) – The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and...

December 23, 2020
Total Views: 990

Tuesday, December 1, 2020
Offshore News

Exxon Tries to Put the Worst Behind it With $20 Billion Writedown

By Jennifer Hiller HOUSTON, Nov 30 (Reuters) – Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion,...

December 1, 2020
Total Views: 1169

Friday, November 13, 2020
Offshore

Boston Dynamics Robot ‘Spot’ Learning New Tricks Offshore Oil Rig

Nov 13 (Reuters) – Boston Dynamics’ dog-like robot ‘Spot’ is learning new tricks. Working on an oil rig operated by BP Plc nearly 190 miles (305 km) offshore in the...

November 13, 2020
Total Views: 900

Thursday, November 12, 2020
hurricane zeta october 28
Offshore

Record Hurricane Season Deals Worst Blow to Gulf Oil Production in a Decade

By Sheela Tobben (Bloomberg) –It’s the year of the unprecedented and the hurricane season has been no exception. A record-breaking hurricane season shut in an OPEC-nation amount of oil during...

November 12, 2020
Total Views: 149

Wednesday, November 11, 2020
Offshore

ConocoPhillips Announces Significant Gas Discovery Offshore Norway

Nov 11 (Reuters) – ConocoPhillips said on Wednesday it has discovered gas condensate offshore Norway, sending the oil producer’s shares up 2% in premarket trade. The discovery was made northwest...

November 11, 2020
Total Views: 163

Maritime News

Latin America Getting First Hybrid Propulsion Offshore Support Vessel

The platform supply vessel CBO Flamengo is set to become the first offshore support vessel in Latin America to be converted to hybrid power. CBO, one of the Brazil’s leading...

November 11, 2020
Total Views: 198

Tuesday, November 10, 2020
Offshore Oil Platform
Offshore

Covid-Stricken Pemex Is No Longer Testing All Platform Workers

By Amy Stillman (Bloomberg) –Petroleos Mexicanos, which has one of the world’s highest employee death tolls from Covid-19, is no longer distributing rapid tests for the virus to workers before...

November 10, 2020
Total Views: 178

Wednesday, November 4, 2020
Maritime News

Norway’s Top Court Starts Hearing on Arctic Oil Exploration

By Nerijus Adomaitis OSLO, Nov 4 (Reuters) – Norway’s top court began to hear arguments on Wednesday on the legality of awarding offshore oil licenses in the Arctic, in a...

November 4, 2020
Total Views: 40

Monday, November 2, 2020
Maritime News

Watch: Viral Video Shows Scary Moment a Lifeboat Suddenly Falls During a Drill

[Video has been removed] A video posted to the social media website TikTok shows the scary moment a lifeboat fails during a drill. We are told the incident took place...

November 2, 2020
Total Views: 1430

drillship
Offshore

Pacific Drilling Files for Chapter 11 Bankruptcy

NYSE-listed offshore drilling contractor Pacific Drilling has filed for Chapter 11 bankruptcy in an effort to restructure $1.1 billion in bond debt. It’s the second time in three years the...

November 2, 2020
Total Views: 658

johan sverdrup offshore field
Offshore

Norway’s Equinor Sets Net-Zero Emissions Climate Goal

Norwegian energy giant Equinor has set a goal to reach net-zero emissions in line with the Paris Agreement. Earlier this year Equinor announced plans to achieve net zero greenhouse gas...

November 2, 2020
Total Views: 85

Thursday, October 29, 2020
Offshore

Active Hurricane Season Weighs on U.S. Energy Production

Oct 29 (Reuters) – As crews began returning to U.S. Gulf of Mexico offshore facilities on Thursday, this year’s repeated oil and gas production halts were already hitting energy firms’...

October 29, 2020
Total Views: 32

semisubmersible drilling rig
Offshore

Exxon Mobil to Slash 14,000 Jobs Due to Oil Slump

By Kevin Crowley (Bloomberg) –Exxon Mobil Corp. will slash its global workforce by 15% by the end of 2022, an unprecedented culling by North America’s biggest oil explorer as it...

October 29, 2020
Total Views: 72

Offshore

Exxon Mobil’s Fading Star: United States’ Once Biggest Energy Company Surpassed by Rivals

By Jennifer Hiller Oct 29 (Reuters) – Exxon Mobil Corp was once the largest U.S. publicly traded company in the United States. Now, the oil major is not even the...

October 29, 2020
Total Views: 55

Environment

World’s Top Wind Turbine Maker Ups the Stakes in Offshore Race

By William Mathis and Nishant Kumar (Bloomberg) — Vestas Wind Systems A/S, the world’s biggest wind turbine manufacturer, will buy out its offshore joint venture partner in an all-share deal...

October 29, 2020
Total Views: 77

Tuesday, October 27, 2020
Offshore

U.S. Gulf’s Offshore Energy Producers Brace for Latest Hurricane

By Erwin Seba HOUSTON, Oct 27 (Reuters) – Energy firms and ports along the U.S. Gulf Coast prepared on Tuesday for another test as Hurricane Zeta, the 11th hurricane of...

October 27, 2020
Total Views: 116

Sunday, October 25, 2020
Offshore

Turkey Continues Disputed Mediterranean Seismic Survey

by Daren Butler (Reuters) – Turkey said it was extending the seismic survey work of its Oruc Reis ship in a disputed area of the eastern Mediterranean until Nov. 4,...

October 25, 2020
Total Views: 24

Wednesday, October 21, 2020
Offshore

Lawsuit Claims Trump Admin Offshore Drilling Analysis Violates Endangered Species Act

By Christopher Yasiejko (Bloomberg) –The Trump administration was sued by several environmental groups that claim it has violated the Endangered Species Act with a long-awaited assessment of the harm that...

October 21, 2020
Total Views: 42

Tuesday, October 20, 2020
Interesting

PDVSA to Offload Crude from Listing Oil Facility Off Venezuela

CARACAS, Oct 20 (Reuters) – An oil tanker operated by Venezuelan state oil company Petroleos de Venezuela on Tuesday approached a floating oil facility where it is expected to receive...

October 20, 2020
Total Views: 163