Offshore Energy News - page 551


Fred. Olsen Windcarrier Jack-Up Picks Up More Work in Taiwan

Aug 27, 2020

Offshore wind installation company Fred. Olsen Windcarrier has won a conditional contract for its Brave Tern jack-up, for wind turbine installation work in Taiwan.The conditional contract is with Liwei Wind Power Co. Ltd., a company wholly owned by wpd Group…

Angola Aims to Reverse Oil Output Decline

Aug 27, 2020

Africa's second-biggest oil exporter, Angola, has unveiled a 2020-2025 energy roadmap which foresees oil discoveries of up to 57 billion barrels of crude oil and 27 trillion cubic feet of gas, state news agency ANGOP reported.The plans involve…

Polarcus Hired for 3D Survey Project in W. Africa

Aug 27, 2020

Oslo-listed offshore seismic acquisition company Polarcus has won a new contract in Africa.The seismic vessel fleet owner said Thursday that the survey in West Africa under the newly awarded contract would start in October 2020.The XArray marine…

MacGregor Bags 'Largest Single Vessel Order' in Offshore Wind Space

Aug 27, 2020

Deck machinery and equipment company MacGregor, a Cargotec subsidiary, has won what it says is its largest single vessel order.Namely, the vessel owner OHT has ordered a batch of MacGregor equipment for its under-construction offshore wind foundation installation vessel…

McDermott to Provide FEED for Subsea Pipeline in Vietnam

Aug 27, 2020

Offshore engineering, construction, and services provider McDermott has won a contract with Delta Offshore Energy to provide front-end engineering design (FEED) services for a subsea gas pipeline at its Sisyphus project. The pipeline will connect a regasification platform…

Norwegian Offshore Drilling Firm Enters Floating Wind Game

Aug 27, 2020

Norwegian offshore oil and gas drilling contractor Odfjell Drilling is stepping out of the comfort zone and into the offshore renewables space.The company, which provides drilling rigs for oil and gas companies, on Thursday announced its investment in Oceanwind AS…

FAR OK with Cairn's Sangomar Stake Sale. Won't Trigger Buy Option

Aug 27, 2020

FAR, an Australian oil and gas company with a share in the $4.2 billion Sangomar oil and gas field in Senegal, will not stand in the way to its partner Cairn divesting its stake in the project.Namely, Cairn last month agreed to sell its 40% ownership in the Woodside-operated Rufisque…

CGG Kicks Off Northern North Sea Survey

Aug 27, 2020

CGG, a France-based provider of seismic data for oil and gas exploration and production, has kicked off a new multi-client 3D survey in the Northern North Sea. The survey will provide a second azimuth over CGG’s existing Northern Viking Graben…

ACE Winches Wraps Karish Gas Pipeline Shore-Pull Work

Aug 27, 2020

UK-based company ACE Winches has this week completed a shore-pull project in Israel for a 2.7km 30” gas sales export pipeline for the Energean's Karish gas development in the south-east Mediterranean Sea.Working with TechnipFMC, the main EPC contractor for the offshore gas field development…

Malaysia's Hibiscus Petroleum Eyes Acquisitions

Aug 26, 2020

Bursa Malaysia-listed oil and gas company Hibiscus Petroleum is looking to expand its asset portfolio through acquisitions of assets with strong production potential.Hibiscus, which owns offshore oil fields in Malaysia, Australia, and the UK North Sea…

Aker's Carbon Capture, Offshore Wind Spinoffs Shares Surge in Market Debut

Aug 26, 2020

Shares of Aker Carbon Capture and Aker Offshore Wind surged on their first day of trading in Oslo on Wednesday, delivering a boost to the Aker conglomerate's strategy of spinning off environment technology. Aker Solutions, controlled by Norwegian billionaire Kjell Inge Roekke…

PHOTO: First Topside Module Installed on Energean Power FPSO

Aug 26, 2020

First topside module was lifted and installed earlier this week on the Energean Power FPSO hull at Sembcorp Marine's Admiralty Yard in Singapore.Oil and gas company Energean said that the electrical house (E-house), which contains all the FPSO control equipment and electrical switchgear…

Encouraged by TPAO's Giant Gas Find, Trillion Energy to Drill Deeper at Black Sea Field

Aug 26, 2020

Black Sea-focused oil and gas company Trillion Energy has said it will drill deeper wells at its SASB gas field, encouraged by the recently announced giant deepwater gas find by the Turkish national oil and gas company TPAO, some 100 kilometers to the north…

Brent Nears 5-Month High as Hurricane Shuts 84% of Oil Output in Gulf of Mexico

Aug 26, 2020

Oil rose towards $46 a barrel on Wednesday, near the highest since March, lifted by U.S. producers shutting most of their offshore Gulf of Mexico output ahead of Hurricane Laura and a report showing a drop in U.S. crude inventories.Renewed worries over the COVID-19 pandemic…

RWE: All Triton Knoll Offshore Wind Turbine Foundations in Place

Aug 26, 2020

German energy company RWE has informed that it has completed the installation of all 90 turbine foundations and two 50-kilometer long export cables connecting offshore and onshore electrical systems at its Triton Knoll offshore wind farm site…

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