Ocean Energy Resources

SERVING THE OIL, GAS AND RENEWABLE ENERGY COMMUNITIES

Baker Hughes, AXA Group, 16 others quit Nord Stream 2 pipeline

Baker Hughes Co and AXA Group and 16 other companies recently quit work on Russia’s Nord Stream 2 natural gas pipeline and will not be sanctioned, according to a document the Biden administration sent to Congress last week which was seen by Reuters. [Read more…] about Baker Hughes, AXA Group, 16 others quit Nord Stream 2 pipeline

Malaysia’s Petronas makes oil discovery at Hidayah-1 exploration well in Indonesia

Malaysia state oil firm Petroliam Nasional Berhad, or Petronas, said it has made an oil discovery at the Hidayah-1 exploration well in Indonesia through its subsidiary PC North Madura II. [Read more…] about Malaysia’s Petronas makes oil discovery at Hidayah-1 exploration well in Indonesia

ABS to class first ever Jones Act wind turbine installation vessel

The first ever Jones Act compliant offshore wind turbine installation vessel (WTIV), a key vessel for the development of the U.S. offshore wind industry, will be built to ABS Class, according to ABS’s release. [Read more…] about ABS to class first ever Jones Act wind turbine installation vessel

Dutch operators launch joint campaign to abandon wells in North Sea

On behalf of six operators, Nexstep, the Dutch platform for re-use & decommissioning of oil and gas infrastructure, has issued an invitation to tender for the decommissioning of gas wells in the Dutch North Sea. [Read more…] about Dutch operators launch joint campaign to abandon wells in North Sea