Application period closes for Scottish offshore wind round targeting oil & gas decarbonization, innovation projects

(OET) Crown Estate Scotland has closed the window for applications under its Innovation and Targeted Oil and Gas (INTOG) leasing round, dedicated to offshore wind projects that will directly reduce emissions from oil and gas production and to small scale innovation projects, including alternative outputs such as hydrogen. A two-week registration window for INTOG opened... Continue Reading →

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Angola: Chevron Extends Jack-up Drilling Rig Contract

(OE) Oslo-listed offshore drilling company Shelf Drilling has secured a contract extension for its Shelf Drilling Tenacious jack-up rig. The contract is in direct continuation of its current contract for drilling operations offshore Angola until November 2023.  The contract includes an additional one-year option. According to Shelf Drilling's fleet status report, the BMC Pacific 375... Continue Reading →

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Germany mulls state guarantees for renewable energies production

(Reuters) - Germany is examining introducing state guarantees for investments in renewable energies, Economy Minister Robert Habeck said on Monday, as Berlin attempts to become more independent in scaling up renewables capacity. The state support could include purchase and credit guarantees for renewable energies production, Habeck said, adding that these guarantees could somewhat overcome uncertainties... Continue Reading →

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Shell Wraps Up Bonga FPSO Maintenance in Nigeria

(Reuters) Shell has completed a scheduled maintenance at its 200,000 barrels-per-day Bonga deep water storage and offloading vessel in Nigeria, a spokesperson said. The Shell Nigeria Exploration and Production Company said in a statement late on Thursday that the maintenance was completed in 22 days, less than the scheduled 30 days. Bonga is typically one... Continue Reading →

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Transocean to Buy Newbuild Ultra-Deepwater Drillship from DSME Ordered by Seadrill in 2013

(OE) Offshore drilling contractor Transocean said Thursday that it had together with Perestroika and funds managed by Lime Rock Management L.P created a joint venture, Liquila Ventures. Liquila Ventures agreed with Daewoo Shipbuilding & Marine Engineering Co., Ltd. (“DSME”), to purchase Hull 3623, the ultra-deepwater newbuild drillship formerly known as West Aquila, for approximately $200 million.... Continue Reading →

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