Fossil Energy – Drilling
Shell returns to the ultra-deep waters of the Campos Basin to drill another wildcat.
[Read more…] about Shell to drill in Campos ultra-deep waters
BP to ditch renewables goals and return focus to fossil fuels
Fossil Energy – bp
BP’s chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor concerns over earnings, two sources told Reuters.
[Read more…] about BP to ditch renewables goals and return focus to fossil fuelsMOU for Strategic Alliance in International Offshore Drilling
General – Strategic Alliance
Arabian Drilling and Shelf Drilling recently announced the signing of a Memorandum of Understanding with the intention of forming a strategic alliance which aims to deploy some of Arabian Drilling’s premium jack-up rigs internationally and expand the reach and capabilities of both companies.
[Read more…] about MOU for Strategic Alliance in International Offshore DrillingSaipem to consider merging with Subsea 7
General – Merger
After unsuccessful talks about a possible merger in past years, Saipem is considering a combination with its Norwegian rival Subsea 7 in one of the possible biggest deals in the oil industry to create a larger European oil services provider and defend against a downturn in the industry.
[Read more…] about Saipem to consider merging with Subsea 7Impact of seabed dynamics on edge scour
General – Jip Erosion
Deltares and NIRAS are initiating a new Joint Industry Project on edge scour: JIP EROSION!
[Read more…] about Impact of seabed dynamics on edge scourComprehensive risk assessment helps ensure subsea cable safety
General – Risk Assessment
Intertek announced the delivery of a comprehensive risk assessment for five offshore wind export cables in the North Sea and the Baltic on behalf of Danish transmission system operator Energinet.
[Read more…] about Comprehensive risk assessment helps ensure subsea cable safetyVineyard Offshore cuts 50 jobs amid Trump uncertainty
Wind Energy – USA
US offshore wind developer Vineyard Offshore has laid off 50 workers due to ‘market uncertainties’ following the return of President Donald Trump.
[Read more…] about Vineyard Offshore cuts 50 jobs amid Trump uncertaintySpain to open first Offshore Wind Tender later in 2025
Wind Energy – Spain
Spain will launch its first tender for offshore wind farms later this year, Energy Minister Sara Aagesen said on Friday.
[Read more…] about Spain to open first Offshore Wind Tender later in 2025ConocoPhillips agrees to sell interest in Ursa and Europa Fields to Shell
Fossil Energy – Sale
ConocoPhillips will sell its interests in the Ursa and Europa fields in the US Gulf and the Ursa Oil Pipeline Company to Shell for $735 million, the two oil majors said Friday.
[Read more…] about ConocoPhillips agrees to sell interest in Ursa and Europa Fields to Shellbp takes step back from involvement in New York offshore project
Wind Energy – Beacon Wind
bp has chosen to withdraw its application for transmission connection for the 2500MW Beacon Wind project located off the coast of New York.
[Read more…] about bp takes step back from involvement in New York offshore project