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A service for energy industry professionals · Saturday, May 10, 2025 · 811,406,493 Articles · 3+ Million Readers
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Offshore Oil News Monitoring

  • Published on May 6, 2025

    Inspired NC Republicans target environmental justice, clean energy jobs and programs

    This article originally appeared on Inside Climate News, a nonprofit, non-partisan news organization that covers climate, energy and the environment. Sign up for their newsletter here. Conservative North Carolina lawmakers appear to be taking a cue from …

    Source: NC Newsline - North Carolina - Left-wing
  • Published on May 6, 2025

    Destroying What Remains

    As sea ice in the Arctic vanishes, the Navy looks to begin naval training including live bombing runs and the use of active sonar in the middle of the most pristine, economically valuable and sustainable salmon fishery in the country. Reprinted with …

    Source: Utne Reader - Left-wing
  • Published on May 6, 2025

    What the Voyage of a Single Container Ship Reveals About the World Economy

    On a spring day in 1989, a container ship arrived in New York harbor from Eemshaven, a deepwater port in the Netherlands. The Vessel, named the Bibby Resolution, belonged to a well-established Liverpool shipping line, one whose founder had invested in the …

    Source: Literary Hub - Left-wing
  • Published on May 6, 2025

    Offshore Output Hits Record 50 Million B/D, But Headwinds Loom, Speakers Warn at OTC 2025

    Global offshore oil production has reached a record 50 million B/D—nearly half the world’s total output of 102 million B/D in 2025—with volumes projected to climb to 55 million B/D by 2031, according to Rystad Energy CEO Jarand Rystad. Speaking …

    Source: Journal of Petroleum Technology - Neutral
  • Published on May 6, 2025

    ABS, Akselos Deepen FPSO Digital Twin Tech Collaboration

    American Bureau of Shipping (ABS) and Akselos have completed the technical assessment for structural digital twin technology, marking an advancement in the application of the solution for Floating Production Storage and Offloading (FPSO) units. Akselos’ …

    Source: Offshore Engineer News - Neutral
  • Published on May 6, 2025

    OECD: Ocean economy sustains more than 100 million jobs

    Over 100 million full-time equivalent jobs are sustained by the global ocean economy, with marine and coastal tourism and Asia-Pacific leading the charge, data provided by the Organisation for Economic Co-operation and Development (OECD) shows. …

    Source: Offshore Energy - Neutral
  • Published on May 6, 2025

    North America Loses Rigs for 9 Straight Weeks

    North America dropped 11 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on May 2. The U.S. dropped a total of three rigs week on week and Canada dropped a total of eight rigs during the same period, …

    Source: Rigzone - Neutral
  • Published on May 6, 2025

    Karoon Closes Acquisition of Bauna FPSO Offshore Brazil

    Karoon Energy Ltd’s Brazilian subsidiary, Karoon Petróleo & Gás Ltda., has completed the acquisition of the Baúna floating production, storage and offloading vessel (FPSO), the Cidade de Itajaí, from Altera & Ocyan (A&O). The total …

    Source: Rigzone - Neutral
  • Published on May 6, 2025

    Valaris parts ways with 27-year-old jack-up rig for $108 million

    Bermuda-headquartered offshore drilling contractor Valaris is divesting a jack-up from its rig fleet to boost its financial flexibility. Valaris 247 jack-up rig; Source: Valaris The rig owner made up its mind to sell the Valaris 247 jack-up to BW Energy …

    Source: Offshore Energy - Neutral
  • Published on May 6, 2025

    Valaris bags $135m drillship deal in Africa

    New York-listed offshore driller Valaris has been awarded a five-well contract offshore West Africa for one of its drillships. The contract, awarded to the 2014-built Valaris DS-15 drillship by an undisclosed client, is expected to begin in the third …

    Source: Splash 247 - Neutral
  • Published on May 6, 2025

    Favelle Favco secures RM43.9mil in crane supply contracts

    KUALA LUMPUR: Favelle Favco Bhd’s (FFB) subsidiaries, Favelle Favco Cranes Pty Limited and Favelle Favco Cranes (M) Sdn Bhd have received RM43.9mil purchase orders for the supply of offshore and tower cranes. In a filing with Bursa Malaysia, FFB announced …

    Source: The Malaysian Star - Indeterminate
  • Published on May 6, 2025

    ABS and Akselos deepen collaboration with joint completion of technical assessment for structural digital twin ...

    ABS, a company providing classification services for marine and offshore assets, with Akselos S.A., a company providing structural performance management software; announced today a deepening of its cooperation with the joint completion of technical …

    Source: Tanks and Terminals - Pending
  • Published on May 6, 2025

    US throws out Biden’s $6.9bn offshore decommissioning rule

    The Trump administration is changing another Biden-era offshore oil and gas industry rule regarding assurances for decommissioning of old infrastructure. The US Department of the Interior stated that it would be revising the Risk Management and Financial …

    Source: Splash 247 - Neutral
  • Published on May 6, 2025

    Momentum starting to build in North Sea’s energy transition, Aquaterra boss says

    After months of uncertainty in 2024, momentum is starting to build in the North Sea’s energy transition in 2025, according to the head of Aquaterra Energy. Throughout 2024, the UK’s offshore oil and gas sector sounded the alarm over Labour’s plans to …

    Source: Energy Voice - Neutral
  • Published on May 6, 2025

    Louisiana Wetlands Win: Plaquemines Ruling Sets Precedent

      By Matt Sedlar On April 4, a jury ordered Chevron, the parent company of Texaco, to pay Plaquemines Parish in Louisiana more than $744M in damages because of its links to the deterioration of the state’s wetlands. This historic moment provides an …

    Source: The Good Men Project - California - Left-wing
  • Published on May 6, 2025

    House committee makes changes to increase US oil and coal production on federal land

    This week, a House of Representatives committee will examine sweeping changes in the nation's drilling programs for oil and gas, including the requirement of dozens of leases sales in the Gulf of Mexico, Alaska and other areas. These changes could be …

    Source: World Energy News - Connecticut - Pending
  • Published on May 6, 2025

    Central Coast legislators announce bills pending approval ahead of 2025 legislative session end

    SACRAMENTO, Calif. – The California Legislative Central Coast Caucus shared its bill priorities up for passage during this year's legislative session. The legislative group, co-chaired by Assemblymember Dawn Addis and Assemblymember Gregg Hart and vice …

    Source: KEYT - California - Neutral
  • Published on May 6, 2025

    Our energy policy must support our shipbuilders

    May 5, 2025 The U.S. must embody an all-of-the-above energy mindset to reap the downstream benefits of its supply chain, shipbuilding, and technological expertise. Discussions about energy policy are everywhere these days. Whether it’s the skyrocketing …

    Source: WorkBoat - Neutral
  • Published on May 6, 2025

    Inspired N.C. Republicans Target Environmental Justice, Clean Energy Jobs and Programs

    Conservative North Carolina lawmakers appear to be taking a cue from the Trump administration, proposing to slash more than 25 jobs and to eliminate key programs for environmental justice, environmental education and clean energy, state budget documents …

    Source: Inside Climate News - Neutral

02 days 12:53:18

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