Energy News

Wintershall DEA's Dvalin Offshore Field Set for Start-up

Oct 21, 2020

Oil and gas company Wintershall Dea has received regulatory consent from the Norwegian Petroleum Directorate to start up its Dvalin gas field in the Norwegian Sea.Dvalin is a subsea tieback in the Haltenbanken area of the Norwegian Sea linking an underwater template to Equinor's Heidrun platform…

Peterson to Provide Logistics Services for OneSubsea in Trinidad

Oct 21, 2020

Energy logistics provider Peterson has signed a project logistics services contract with Schlumberger's OneSubsea to support its work on BP's Matapal project offshore Trinidad and Tobago.BP sanctioned the development of the Matapal project in December 2019…

Spanish Renewables Giant Iberdrola Pledges More Growth

Oct 21, 2020

Spanish green energy company Iberdrola reported 4.7% net profit growth for the first nine months on Wednesday and said it still expected that metric to rise at a mid to high-single digit rate this year.Boasting more than 32GW of renewable generation capacity in markets including Spain…

Former SNC-Lavalin CEO Joins McDermott Board

Oct 21, 2020

Offshore installation firm McDermott has appointed Neil Bruce, a former SNC-Lavalin CEO, to its Board of Directors.Bruce started his career in the North Sea basin with Brown and Root, delivering offshore projects for 10 years, then moved to…

Cadeler Nets Hornsea 2 Offshore Wind Farm Installation Gig

Oct 21, 2020

Offshore wind farm installation company Cadeler, until recently known as Swire Blue Ocean, has signed a contract with the Belgian offshore contractor Deme to supply a vessel for an installation campaign in the UK.Cadeler will be sending its…

Equinor Bids for Two Wind Projects off US East Coast

Oct 20, 2020

Norwegian energy firm Equinor said on Tuesday it had submitted two bids in New York's second offshore wind auction, following a deal it signed with BP last month to cooperate on offshore wind in the United States.Equinor said it was bidding for two projects off the U…

Equinor Starts Onshore Prep Works for Northern Lights CCS Project

Oct 20, 2020

Norwegian energy company Equinor has signed a contract with Skanska for building site preparation and the construction of jetty facilities for the CO2 receiving terminal in Norway, as part of the Northern Lights carbon capture and storage project…

Op/Ed: The Digital Oilfield is Arriving Sooner than We Think

Oct 20, 2020

The Coronavirus and a surge of available connectivity means take-up of new E&P technologies is stronger than ever, writes Tore Morten Olsen, President, Maritime, Marlink.The oilfield of the future is a concept that was emerging before the Coronavirus…

Exmar, YPF Settle Dispute, Terminate Tango FLNG Charter

Oct 20, 2020

Belgium-based shipowner Exmar has settled a dispute over the charter of the Tango FLNG with Argentinian energy firm YPF, that will see the FLNG charter terminated in exchange for a settlement fee.To remind, YPF in June sent a force majeure notice to Exmar…

Van Oord Takes Stake in Estonian Offshore Wind Farm Developer

Oct 20, 2020

Dutch marine and offshore services contractor Van Oord has become a shareholder in Saare Wind Energy, a company developing the Saaremaa offshore wind farm in Estonia.'The collaboration with Van Oord allows Saare Wind Energy to intensify the development process for this offshore wind farm…

Production Starts from Talos' Bulleit Field in Gulf of Mexico

Oct 20, 2020

U.S. oil and gas company Talos Energy has started producing oil from its Bulleit field, in the Green Canyon 21 block in the U.S. Gulf of Mexico.The news of the production startup from the field sitting in 365 meters water depth was shared on Monday by Talos' partner in the block…

OHT's Offshore Wind Vessel to Feature Kongsberg Pile Gripper Guidance System

Oct 20, 2020

Kongsberg Maritime, under a contract with maritime services and solutions provider MacGregor, will deliver a Pile Gripper Guidance System (PGGS) for OHT's offshore wind foundation installation vessel Alfa Lift.The Alfa Lift will be the world’s…

PNOC, CNOOC to Start Offshore Exploration Venture by 2021

Oct 20, 2020

The president of the exploration arm of the Philippine National Oil Company (PNOC) said on Tuesday the company aimed to start an energy exploration venture with China National Offshore Oil Corp (CNOOC) in the South China Sea by 2021.PNOC was…

Grounded Offshore Rig Limits Sabine Pass Ship Traffic

Oct 20, 2020

The U.S. Coast Guard said on Monday that a large semi-submersible rig drifted into and ran aground in the Sabine Bank Channel, limiting vessels entering the Sabine-Neches Waterway to those with a maximum draft of 32 feet (9.8 meters).The waterway…

Losing Control? Norway's Oil workers Fear for Future as Platforms Go Remote

Oct 20, 2020

A shift to operating oil rigs remotely from land, which has been accelerated by lower crude prices, has rekindled concerns among Norwegian unions over the impact on the safety of offshore workers and the loss of well-paid jobs.These fears were highlighted by Lederne…

Current News

Unique Floating Offshore Wind Design Gets DNV GL Nod

ConocoPhillips Posts Smaller-than-expected Loss

Exxon to Cut 14,000 Jobs as Pandemic Hits Oil Demand

Frequent Hurricane Shutdowns Weigh on US Energy Results

Subscribe for OE Digital E‑News