Activity News

 

World's Most Powerful Wind Turbine Hits Key Milestone

Jun 19, 2020

The world's most powerful wind turbine in operation, GE Renewable Energy’s Haliade-X 12 MW prototype, has reached an important milestone.Namely, classification company DNV GL has granted it a provisional type certificate (IECRE Provisional RNA…

Norway: Endur, Oceano Set to Merge

Jun 19, 2020

Norwegian energy services firm Endúr has said it is working on a merger with compatriot marine engineering company Oceano.Endur, formed in 2019 after the merger of Bergen Group ASA with Endúr Fabricom, has signed a letter of intent with the…

Brent Crude Rises to Above $42 a Barrel

Jun 19, 2020

Oil rose to above $42 a barrel on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet supply cuts and signs of demand, hit by the coronavirus crisis, recovering.Iraq and Kazakhstan, during a meeting of an OPEC+ panel on Thursday…

Shelf Drilling Loses Drilling Contract in Egypt

Jun 19, 2020

Shelf Drilling has seen another offshore rig contract terminated, this time for a jack-up rig for which it had secured a one-year contract extension in March.Namely, the Dubai-based jack-up drilling contractor in March said it had won a contract extension for the Trident 16 jack-up rig…

Australia: Triangle Energy Shuts Two Cliff Head Wells

Jun 19, 2020

Australian oil and gas firm Triangle Energy has shut production from two wells ell at the Cliff Head offshore field, one due to a pump failure, the other as a precautionary measure.'Production from CH6 [well] was shut-in on the afternoon of…

Navantia-Windar Wins $392M Contract to Build Jackets for French Offshore Wind Farm

Jun 19, 2020

Iberdrola, through its French subsidiary Ailes Marines, has awarded the Navantia-Windar UTE consortium a contract to build 62 jackets for the or the Saint-Brieuc offshore wind farm which the energy company is developing off the coast of Brittany…

Norway Offers 36 Offshore Blocks to E&P Firms

Jun 19, 2020

Energy companies can apply to explore for oil and gas in 36 new exploration blocks off Norway, the country's oil and energy ministry said on Friday.Western Europe's largest oil producer conducts regular licensing rounds to stimulate offshore oil exploration…

Petronas Puts Off Kebabangan Field Maintenance

Jun 19, 2020

Malaysia's Petronas said it has deferred maintenance activities at the Kebabangan gas field in Sabah, which had been originally slated for April.Malaysia implemented lockdown measures in March to curb the spread of the coronavirus.'Maintenance…

Geo Ranger Survey Vessel Passes Sea Trials

Jun 18, 2020

The hydrographic survey vessel Geo Ranger has this week successfully passed sea trials on the river Ems, the Dutch Shipbuilder Royal Niestern Sander said Thursday.'In presence of the client Geo Plus, surveyors of Bureau Veritas and various commissioning engineers of Kongsberg and Alewijnse…

Sasol to Cut Jobs, End West African Oil Operations

Jun 18, 2020

Sasol Ltd plans to cut jobs and end West African oil operations as part of a business revamp, the petrochemicals producer said on Thursday, and has also agreed a deal with lenders to relax borrowing rules.Sasol has been reviewing its business as it grapples with high debt levels…

Seamec Awards Fugro a 3-Year IRM Deal Offshore India

Jun 18, 2020

Dutch offshore services company Fugro has won a 3-year inspection, repair and maintenance (IRM) contract with Seamec in India.Under the contract, Fugro will support Seamec's asset management project for oil company  ONGC off the west coast of India…

Trillion Energy Eyes Output Boost from Gas Fields Off Turkey

Jun 18, 2020

Trillion Energy, a Canadian oil company focused on the Black Sea region, is working to boost production from its SASB gas fields in the Black Sea, offshore Turkey.The South Akcakoca Gas-Basin “SASB” gas fields first started production between 2007 and 2011 and have produced a total of 41…

Heerema's Aegir Heavy Lifter in Drop Fall Incident Offshore Taiwan

Jun 18, 2020

The article has been updated to include a statement by the Heerema Marine Contractors' spokesperson.Heerema Marine Contractors' heavy lift vessel Aegir has earlier this week experienced a drop fall incident off the coast of Taiwan where it is working on an offshore wind project…

Norway Not Thinking of Deepening Oil Output Cuts

Jun 18, 2020

Norway is not planning to deepen its oil output cuts after a decision by the OPEC+ group to prolong its own production cut, the Nordic country's energy minister said on Thursday.Norway, which is not part of the OPEC+ group, has said it would cut its oil production by 250…

UBS Lifts Brent Price Forecast

Jun 18, 2020

UBS raised its forecasts on Thursday for the price of Brent crude this year, citing expectations of an undersupplied oil market as demand starts to pick up on the back of a recovering global economy.'Supply is being curbed by OPEC+ voluntary…

Current News

BOEM Initiates Process for Potential Mineral Lease Sale Offshore Virginia

BOEM Initiates Process for Pot

Jumbo Scoops Two Offshore Wind Contracts

Jumbo Scoops Two Offshore Wind

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

Wood Nets Long-Term Maintenanc

TechnipFMC to Supply Subsea Systems for Chevron’s Gas Project off Australia

TechnipFMC to Supply Subsea Sy

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