Energy News


Norway-linked Firms Might Bid for Petrobras' Golfinho Field Offshore Brazil

Jul 10, 2020

Norway's BW Offshore Ltd and DBO Energy are among the firms mulling a bid for Petrobras' Golfinho oilfield cluster, two sources said, as Brazil's state-run oil company seeks to re-spark its asset sale program in the wake of this year's crude price crash…

Spain's Greenalia Joins World Forum Offshore Wind

Jul 10, 2020

Greenalia, a Spanish company working to develop a floating offshore wind farm in the Canary Islands, has joined WFO (World Forum Offshore Wind), The first worldwide association with an exclusive focus on promoting offshore wind energy internationally…

China's MingYang Launches 11MW Offshore Wind Turbine

Jul 10, 2020

China's MingYang has this week launched the MySE11-203, dubbed the world's biggest hybrid drive wind turbine, of the nameplate capacity of 11 MW.Per MingYang, the turbine features a rotor diameter of 203 meters and has a 31% higher annual energy production than its predecessor…

IEA Bumps Up 2020 Oil Demand Forecast

Jul 10, 2020

The International Energy Agency (IEA) bumped up its 2020 oil demand forecast on Friday but warned that the spread of COVID-19 posed a risk to the outlook.The Paris-based IEA raised its forecast to 92.1 million barrels per day (bpd), up 400,000 bpd from its outlook last month…

Australian Offshore Safety Regulator to Resume Physical Inspections

Jul 10, 2020

NOPSEMA, the Australian offshore oil and gas safety regulator, plans to resume physical inspections on offshore oil and gas facilities 'in line with appropriate protocols to manage health risks associated with COVID-19.''While NOPSEMA’s inspections have continued throughout the pandemic…

UK Firm Offers to Test Offshore Rig Surfaces for COVID-19

Jul 10, 2020

UK-based consultancy and quality assurance company Intertek has launched a service aimed at testing surfaces on offshore rigs and platforms for the presence of COVID-19.Intertek has said that initial studies have shown that the virus that causes…

Side-track Well Planned at Neptune's Dugong Discovery

Jul 10, 2020

Neptune Energy last week made a hydrocarbon discovery at its Dugong well in the Norwegian sector of the North Sea.The company at the time said the results were preliminary and that a decision might be made to drill a side-track to further define the extent of the discovery…

Petrobras Sells Three Shallow Water Fields in Potiguar Basin, Brazil

Jul 10, 2020

Brazil's Petrobras has said it has signed an agreement to sell its entire stake in three offshore oil fields in Potiguar Basin to Ouro Preto for $1.5 million.The fields in question are the Pescada, Arabaiana, and Dentão fields located in shallow waters of the Potiguar Basin (Pescada Cluster)…

Offshore Industry Welcomes UK Gov't Job Retention Bonus. Calls for Long-Term Support

Jul 09, 2020

The UK Chancellor of the Exchequer Rishi Sunak has announced a new Job Retention Bonus scheme to encourage firms to keep on workers furloughed due to the COVID-19 impact on the economy.The UK government will introduce a one-off payment of £1…

Halliburton, TechnipFMC Launch Acoustic Sensing Solution for Subsea Wells

Jul 09, 2020

Oilfield services giants Halliburton and TechnipFMC have jointly introduced Odassea, described as the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic…

Oil Industry Veterans to Launch Hydrogen Investment Fund

Jul 09, 2020

Two energy industry veterans plan to launch an investment fund focused on hydrogen this year as more and more governments include the niche fuel in their global warming battle plans.Hydrogen has long-been touted as a potential clean fuel as…

RWE Taps GE, Sembcorp Marine for Sofia Offshore Wind Farm HVDC Transmission System

Jul 09, 2020

German renewables giant RWE has selected a GE Renewables/Sembcorp Marine JV as the supplier for high voltage direct current (HVDC) electrical transmission system for the 1.4 gigawatt (GW) Sofia Offshore Wind Farm, off the UK.The wind farm will be located on Dogger Bank…

Aker BP Cleared to Drill Hod Pilot Hole with Maersk Jack-Up

Jul 09, 2020

Aker BP has received consent to use the Maersk Invincible jack-up rig to drill a pilot hole on the Hod field, offshore Norway.The consent for the use of the Maersk Drilling-owned jack-up was granted this week by the Petroleum Safety Authority Norway…

Fugro Adds Two More Vessels for U.S. Offshore Wind Site Survey

Jul 09, 2020

Dutch geotechnical services firm Fugro has mobilized two additional vessels off the coast of New Jersey to support its ongoing site characterization work for Atlantic Shores Offshore Wind.Atlantic Shores Offshore Wind is a joint venture between Shell and EDF working to develop a 183…

Current News

Noble Corp: New Rig Deals in UK, Extensions in Qatar and Suriname, Cancellation in Vietnam

Gibdock Repairs Shearwater Duo

Hermitage Offshore Services Gets a Short Breather from Creditors

Norway-linked Firms Might Bid for Petrobras' Golfinho Field Offshore Brazil

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