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HomeOffshore

Offshore

North Sea Oil and Gas
Crude Oil News

Trouble Deepens for North Sea Oil and Gas

September 24, 2024 Mariel Alumit

North Sea oil and gas operators are not just facing the prospect of higher windfall taxes, they are now also finding it more difficult to get loans from UK banks. The windfall profit tax was […]

Gulf of Mexico
Crude Oil News

Oil Price Slide Eases as Tropical Cyclone Looms over Gulf of Mexico

September 23, 2024 Mariel Alumit

Shell, Chevron, and Norway’s Equinor have all begun evacuating staff from offshore facilities as the threat of a potential Tropical Cyclone System 9 intensifies as it moves toward the Gulf coast, where the brewing storm […]

offshore wind
International News

France’s €2.4bn offshore wind farm powers ahead

September 20, 2024 Mariel Alumit

Iberdrola has launched the Saint-Brieuc offshore wind farm in Brittany, France. The €2.4 billion (£2bn) project has a capacity of 496MW and will provide clean energy to nearly one million people in the region. It […]

Crude Oil News

Oil’s Uncertain Future

September 19, 2024 Andy Del Prado

Daily Standup Top Stories Oil Is Not Out of the Woods Yet September 18, 2024 Stu Turley Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being […]

clean energy super basin
Energy Transition

Can the North Sea become a “clean energy super basin”?

September 18, 2024 Mariel Alumit

The North Sea has the potential to become a “clean energy super basin,” integrating oil, gas, offshore wind and carbon storage to drive the UK’s energy transition, according to NSTA Chief Executive Stuart Payne. Speaking […]

Denmark
Crude Oil News

Can Denmark Use International Law to Fight Russia’s Shadow Fleet?

September 17, 2024 Stu Turley

Revisionist powers like to use international law as a weapon. Now the West is thinking creatively, too—to uphold the order, not break it. Small European states, such as Denmark, face daily the threat of an […]

US wind
Big Oil Companies

bp to sell US wind business

September 17, 2024 Mariel Alumit

bp has announced its decision to divest its US onshore wind energy business unit, which encompasses ten operational wind farms spread across seven states. The company holds stakes in ten operational assets, with a total […]

Maersk Supply Service
International News

Maersk Supply Service orders newbuild for Cenovus’ Canadian oilfield

September 16, 2024 Mariel Alumit

Danish offshore energy contractor Maersk Supply Service has been awarded a contract by Canadian oil and natural gas company Cenovus Energy for a field support vessel to support operations in the White Rose field. According […]

Wind
Climate Crisis

Offshore Wind Decimating Sea Life—Fishermen Accuse Biden-Harris Admin Of Cover-Up

September 15, 2024 Stu Turley

With the support of the US government, the wind industry is killing whales and other sea life and ignoring warnings from marine biologists. Over the last three years, we have been documenting the ecological catastrophe […]

UBS
Crude Oil News

UBS: Francine May Have Disrupted 1.5 Million Barrels of U.S. Crude

September 12, 2024 Mariel Alumit

Analysts at Wall Street bank UBS estimate that hurricane Francine may have disrupted up to 1.5 million barrels of U.S. crude production. The Weather Channel expects Hurricane Francine to “continue to weaken as it tracks […]

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