Elgin Franklin News


Harbour Energy Delays North Sea Field Start-Up as Platform Issues Found

Jul 21, 2021

London-listed oil and gas Harbour Energy has hit a snag with the start-up of its Tolmount offshore gas field in the UK North Sea, as electrical systems issues were found during the testing of the recently delivered offshore platform. The start-up…

Engineering Firm Wood to Pay $177M to Settle Amec Foster Wheeler's Brazil Bribery Case

Jun 29, 2021

UK-based engineering firm John Wood Group, also known as Wood, on Monday said it had reached agreements with authorities in the UK, Brazil, and the U.S. to resolve their respective bribery and corruption investigations into the past use of third parties in the legacy Amec Foster Wheeler business…

Wood Chairman Franklin Joins Kosmos Energy Board

Jun 10, 2021

Offshore oil and gas exploration and production company Kosmos Energy has appointed Roy A. Franklin as a member of its Board of Directors, effective June 9, 2021. Franklin is a senior executive with more than 45 years in the energy industry…

US Explores Wind Energy Potential in Gulf of Mexico

Jun 08, 2021

The Biden administration on Tuesday said it will explore the potential of offshore wind energy development in the Gulf of Mexico, part of its goal to supercharge growth in clean energy over the next decade.'This is an important first step to see what role the Gulf may play in this exciting frontier…

80:20 Procurement Wins North Sea Contract with Total

May 24, 2021

Peterson Energy Logistics' unit 80:20 Procurement Services has recently won a contract with the oil company Total E&P UK, a subsidiary of the French oil giant Total.The contract scope of 80:20 includes general consumables and ad-hoc material supply…

CNOOC's Glengorm South Well Fails to Deliver

Apr 19, 2021

Chinese oil company CNOOC has failed to unearth commercial quantities of hydrocarbons at the Glengorm South well in the UK North Sea.Energean, a partner in the Glengorm project, said Thursday that 'the Glengorm South appraisal well contained no commercial hydrocarbons…

Wood Reaches Settlement in Scotland Over Unaoil-related Dealings

Mar 16, 2021

Energy infrastructure engineering and construction giant John Wood Group (Wood) said Tuesday its subsidiary WGPSN had reached a civil settlement with Scotland's Civil Recovery Unit 'in relation to the historical engagement of Unaoil by a legacy joint venture and potential unlawful conduct…

ExxonMobil Sells UK North Sea Fields to NEO for More Than $1B

Feb 24, 2021

North Sea-focused oil company NEO Energy has struck a deal to buy ExxonMobil's UK North Sea assets, a month after it was announced the companies had started exclusive talks over a potential transaction.Backed by Norwegian private equity investor HitecVision…

DNV GL Secures 3-Year Contract with Total in UK North Sea

Feb 22, 2021

Classification society and quality assurance firm DNV GL has been awarded a three-year contract with Total in the UK to provide various services across the company's UK North Sea assets.DNV GL will provide core services such as verification…

3t Energy Buys Petrofac's UK Training Business

Feb 18, 2021

UK-based 3t Energy Group has agreed to buy oilfield services giant Petrofac's UK training business.The purchase includes Petrofac’s Survival and Marine, Health and Safety, Fire, and Major Emergency Management capability and facilities in Scotland…

Reuters: ExxonMobil, Chevron Explored Merger in 2020

Feb 01, 2021

The chief executives of ExxonMobil Corp and Chevron Corp held preliminary talks in early 2020 to explore combining the two largest U.S. oil producers in what would have been the biggest merger of all time, according to people familiar with the matter…

Fed's Kaplan: U.S. Needs Healthy Fossil Fuel Industry During Green Transition

Feb 01, 2021

Even as the U.S. economy makes the switch over coming decades to renewable energy like wind and solar, the nation needs to ensure its fossil fuel industry stays healthy, a top U.S. central banker said on Friday.'The challenge for the country will be to transition…

Aramark Offshore Bags 5-year UKCS Catering Deal with Total

Jan 28, 2021

Offshore catering specialist Aramark Offshore has said it has secured a new five-year contract with the oil major Total.The company will provide services across six offshore platforms in the United Kingdom Continental Shelf.The five-year deal…

Biden Sees Nord Stream 2 Pipeline as 'Bad deal' for Europe

Jan 27, 2021

President Joe Biden believes the Nord Stream 2 natural gas pipeline is a 'bad deal for Europe' and his administration will be reviewing restrictions on the project included in a bill that passed during the Trump administration, the White House said on Tuesday…

Brazilian Prosecutors Sue Maersk Over Alleged Corruption

Dec 11, 2020

Federal prosecutors in Brazil filed a civil lawsuit against Danish shipping company Maersk and former executives representing the firm for alleged corruption involving shipping contracts with state-run oil firm Petrobras, they said on Friday…

Current News

US Delays Rule on Gulf of Mexico Whale Protection

Masdar, RWE Get Closer to Official Go-Ahead for 3GW UK Offshore Wind Farms

Arabian Drilling Secures Five Jack-Up Rig Extensions

Baker Hughes, Petronas Team Up for Asia-Pacific Energy Resilience

Subscribe for OE Digital E‑News

Offshore Engineer Magazine