Texas sues Biden Administration over lizards' endangered status, citing oil industry threat
Texas Attorney General Ken Paxton filed a lawsuit against the Biden administration Monday, claiming that the decision to declare the dunes sagebrush Lizard as an endangered species could harm property owners or energy production. Paxton, who is a Republican, claimed that the U.S. Fish and Wildlife Service based its final rule, adopted on May 20, on inaccurate data and arbitrary assumptions regarding the future of the lizard.
Top Australian banks restrict lending to carbon intensive projects
By slowing down lending for carbon-intensive projects, leading Australian banks are increasing their efforts to reduce carbon emissions and align themselves with global climate goals. Commonwealth Bank of Australia, the country's largest lender, announced on Wednesday that it plans to reduce carbon emissions associated with loans and investments for thermal coal mine customers to zero by 2030.
Norway to Admit Non-Resident Europeans Working in Oil Industry
Norway will allow entry to certain European citizens for work in sectors critically short of labor including agriculture and the oil industry despite its lockdown to fight the coronavirus pandemic, the government said on Monday.The measure, which takes immediate effect in the Nordic country, relaxes some of the restrictions on foreign travelers imposed to combat the transmission…
Premier Oilfield Group Names Keenan CEO
Premier Oilfield Group has appointed Patrick “Paddy” Keenan as CEO, beginning October 28, 2019, the oilfield services company announced on Tuesday.Keenan brings to the role experience in both the US and international oil and gas industries, having held leadership roles in a number of oilfield service companies, including technology startups, and was also the CEO of an exploration & production (E&P) company.
Penman to Head up Malin React
Newly launched Malin Group arm Malin React has appointed Graham Penman as a Business Unit Manager to head up its operation.Penman has been appointed to oversee Malin React, one of seven subsidiary brands which make up Malin Marine Limited, formally Malin Marine Consultants Aberdeen. It specializes in complete solutions for rapid installation of offshore marine equipment onto vessels (mobilizations)…
Weir launches sale of flow control business
British engineer Weir has launched the sale of its flow control business in a move that could value the supplier of pumps and valves at more than 300 million pounds ($389 million), according to sources with knowledge of the matter.Bankers for the FTSE 250 listed company have sent out confidential information about the division to prospective buyers ahead of an auction of the business…
MMT Inks 10 New Contracts over 2 Months
Swedish based marine surveyor MMT has during the past two months received 10 new subsea survey and inspection projects within the offshore wind, renewable energy and oil and gas industries.MMT said the contracts, some of which are in joint collaboration with MMT’s Norwegian partner Reach Subsea, come from a wide portfolio of old and new clients, including Siccar Point Energy…
Unique Group Enters into West Africa JV
Subsea and offshore solution provider Unique Group said it has formed a joint venture (JV) with Nigeria-based Charkin Maritime & Offshore Safety Ltd, a professional training company for the maritime and offshore oil and gas industries.The newly formed JV, Unique Charkin System Ltd, based out of Port Harcourt in Nigeria, offers a full range of support to the oil and gas market…
VOS Stone Equipped with Ampelmann W2W Gangway
Vroon Offshore Services and Ampelmann have joined forces to deploy a Walk to Work (W2W) solution for the Arkona offshore wind farm, located in the German Baltic Sea. Vroon’s VOS Stone vessel, the newest addition to its offshore-support fleet, will be mobilized with an Ampelmann A400 gangway system. The gangway, launched in 2017, will be utilized for the first time for W2W operations during array cabling work and commissioning of the Arkona offshore wind farm.
GMG Completes Cable Burial Work off the Netherlands
Global Marine Group (GMG), a provider of offshore engineering services to the renewables, telecommunications and oil and gas industries, said it has completed a remedial cable burial project for Prinses Amaliawindpark (PAWP), a wind farm off the Netherlands’ West Coast. PAWP covers an area of around 14km2 and comprises of 60 wind turbines that are connected by eight in-field cable strings that converge at the central offshore high voltage station.
Allianz Middle East Ship Management, MCS Join Forces
Allianz Middle East Ship Management and Maritime Craft Services (MCS)have taken delivery of a Damen Fast Crew Supplier 2610. Demonstrating the cooperative relationship between the two companies, the new vessel will offer safe and cost efficient crew transfer services for up to 50 passengers to and from the Abu Dhabi oil fields.The two companies welcomed guests on board the…
ATR and Centurion Merge
A merger between Centurion Group and ATR Group is to create a global player in the oil and gas rental equipment and services market with a combined turnover of over £100 million. The group will operate from bases in the U.K., Netherlands, Caspian, Singapore, Australia and the U.S. The group will continue to be headquartered in Aberdeen with ATR’s chief executive, Keith Moorhouse, and chief financial officer, Euan Leask, becoming CEO and CFO respectively.
Palfinger Plans to buy Norway's TTS Group
PALFINGER AG, a company listed on the Vienna Stock Exchange and headquartered in Bergheim/Salzburg, intends to make a takeover bid, via its subsidiary Palfinger Marine GmbH, Salzburg, for all of the shares in Norwegian Bergen-headquartered TTS Group ASA. For every share traded on the Oslo Stock Exchange, a cash amount of NOK 5.60 would be offered. Subject to a positive outcome of the due diligence audit…
INPEX, MHI JV to Study Technological Challenges in Energy Sector
INPEX CORPORATION (INPEX) and Mitsubishi Heavy Industries, Ltd. (MHI) jointly announced today that they have concluded a memorandum based on an agreement to jointly study solutions for various technological challenges in the energy sector. Under the auspices of the memorandum, INPEX and MHI plan to jointly establish a working committee and address technological solutions…
Wind-powered Oil Recovery Project Green-lighted
The DNV GL-led WIN WIN Joint Industry Project (JIP), which melds offshore wind with offshore oil and gas, shows that for suitable fields,finds that wind-powered water injection is technically feasible, capable of meeting performance targets and offers a cost-competitive alternative to conventional water injection solutions. For the past year, participants from both the…
DNV GL to Open Explosion Test Site in the UK
DNV GL, a technical advisor to the global oil and gas industry, is building a new conference center and large-scale fire and explosion demonstration area at their unique major hazard testing and research center in Cumbria, U.K. The new training facility, which aims to enhance experiential learning for the oil and gas, chemical and security industries, is due to be completed in December 2015.
First Damen Twin Axe Workboat for Middle East
Damen Shipyards Group has delivered a Damen Fast Crew Supplier (FCS) 2610 workboat, named AOS SWIFT for the Atlantic Maritime Group on 20 August 2015. This is the first Damen Twin Axe vessel to be used in the Middle East for safe passenger and crew transfer as well as for the transport of industrial persons, materials and equipment to unmanned offshore platforms in the Strait of Hormuz.
Data Availability Bias in Oil Market: Kemp
Why is there such good data about oil in the United States but such poor data about everywhere else? Accurate information is essential for good decision-making, so it is remarkable how little reliable and timely data exists about the production and consumption of crude oil and refined fuels outside the United States. The situation in the other advanced economies, not to mention emerging markets, is mostly guesswork.
Ghanaian Students Benefitting from Scholarship Programs
Two Robert Gordon University (RGU) postgraduate students are reaping the benefits of international scholarship schemes which will boost their career prospects. Ghanaians Justice Ngoah (27) and Eugene Yeboah (29) have joined RGU for a years’ scholarship program, funded by the Ministry of Energy and Tullow Oil plc. Both Justice and Eugene are Chemistry graduates from the Kwame Nkrumah University of Science and Technology in Ghana…
Oil Bosses Break Climate Silence with Urgent Initiative
For an industry used to cautious, long-term evolution, the speed at which leaders of Europe's biggest oil and gas companies moved to take a joint stand in the climate debate speaks volumes. Discrete talks in the eyrie of Davos in January led to a spontaneous, light bulb moment on a stage in Oslo in February. The result: a joint statement two months later. The executives agreed they had to go public, and with alacrity.
