Tidal energy firm Atlantis Resources has signed a strategic partnership agreement (SPA) with South Korea's Hyundai Engineering & Construction over collaborating on ocean power renewable projects, including targeting a 100MW tidal stream project in South Korea…
A new center of excellence for testing emerging technologies in the subsea sector is to be established with support from Scottish Enterprise. Balmoral Offshore Engineering, based in Aberdeen, is creating a new open access hyperbaric pressure testing facility for the oil and gas supply chain…
Repsol Norge has come up dry at the Stordal wildcat in the Norwegian Sea, according to the Norwegian Petroleum Directorate (NPD). Map of Stordal in PL 705, from the NPD. Upon completing drilling operations at Stordal (well 6705/7-1)…
Total has signed up to explore another deepwater block offshore Mauritania that the French giant says is in a high-potential zone. Image from Total. Total inked an exploration…
A group of private firms and universities from the Netherlands and the UK have been given funding to undertake a feasibility study into permanent CO2 capture and storage (CCS) in empty gas and oil fields in the North Sea. Under the Acorn CCS project…
Danish drilling rig operator Maersk Drilling has said it doesn't expect to see significant improvements in offshore rig demand until oil prices stabilize above US$60/bbl, or until drilling costs adjust to a lower oil price. 'With the excess supply…
The Research Council of Norway has awarded ABB a US$1.16 million (NOK10 million) research grant to develop subsea technology for use on the Norwegian continental shelf and the Barents Sea. This is the third award for ABB as part of the Council’s DEMO2000 initiative…
Neptune Energy signed a firm US$5.1 billion (€4.7 billion) offer with Engie for its 70% stake of Exploration & Production International (EPI). Image from Engie. The binding offer includes nearly $1…
Norway’s Petroleum Safety Authority (PSA) has issued an order to Total E&P Norge after an audit of the Martin Linge development in the Norwegian North Sea. Total has until 29 May to comply. An audit of the Martin Linge project was conducted by the PSA from 28-30 March 2017…
Avangrid Renewables and Vineyard Wind have formed a strategic partnership to jointly develop a large scale wind energy project off the coast of Massachusetts. Last summer, Massachusetts required utilities to procure 1600 MW of clean…
Gulf of Mexico operators BP and Murphy Oil sing the praises of a new below US$50/bbl breakeven world at this year’s OTC Houston. Audrey Leon reports. Image of Morrison presenting at OTC. Images from OTC…
The US Department of the Interior (DOI) is moving forward with its evaluations from six companies to conduct geological and geophysical (G&G) activities in the Atlantic Ocean, as part of the Trump Administration’s 'America First' offshore energy strategy…
Anadarko Petroleum named Daniel E. Brown executive VP, International and Deepwater Operations. Darrell E. Hollek, formerly executive vice president, Operations, will serve as a senior adviser until his retirement later this year. Brown began his career with the company in 1998…
Illustration of RAR Plus, from Delmar. Delmar Systems unveiled the new RAR Plus and the MOORMax Releasable Mooring System. The RAR Plus is the next generation of Rig Anchor Release (RAR)…
BP has achieved first gas from two fields - Taurus and Libra - in the West Nile Delta (WND), offshore Egypt, eight months ahead of schedule. Image of West Nile Delta, from BP. “The…