Industry News


Seafox, LOC Sign Rig Move Services Deal

Jun 26, 2020

Marine and engineering consulting firm LOC Group has won a contract with Seafox, a provider of offshore jack-up support units for oil & gas and offshore wind operations.Seafox has hired LOC for the provision of Rig Move Master Services and Geotechnical Services for rig moves…

Half of Norway's Oil Output to be Powered from Shore by Mid-2020s

Jun 26, 2020

Offshore platforms delivering almost half of Norway's oil production might soon be powered from shore, which the government says, would reduce emissions considerably, given that Norway's mainland electricity comes mainly from hydropower and wind farms…

Parat Halvorsen Electric Boilers for Edvard Grieg Platform

Jun 26, 2020

Norwegian company Parat Halvorsen will supply the electric boilers that will provide the heating on the Edvard Grieg platform offshore Norway when the field is supplied with power from shore. 'This means that the last piece of the puzzle to fully electrify Edvard Grieg is coming into place…

Parkwind CEO Becomes Chairman of Belgian Offshore Platform

Jun 26, 2020

The Board of Directors of the Belgian Offshore Platform (BOP), Belgium's offshore wind industry body, has appointed François Van Leeuw as chairman.François Van Leeuw is co-CEO of Parkwind, a holding company of Colruyt Group that currently operates…

VIDEO: Total Produces One Billionth Barrel from Elgin Franklin

Jun 26, 2020

French oil major Total has recently celebrated a major milestone - the production of the one billionth barrel of oil equivalent from its Elgin Franklin field in the UK sector of the North Sea, 240km east of Aberdeen.Two major reservoirs at the…

OWC Sets Up Office in S. Korea

Jun 26, 2020

OWC, formerly known as Offshore Wind Consultants, has set up an office in South Korea, a country with ambitious offshore wind plans. 'We continue our expansion into key emerging markets such as South Korea. We believe a local presence is central…

Oxy Plans $9B Writedown on Bleak Oil Price Outlook

Jun 26, 2020

Occidental Petroleum Corp will write down the value of its oil and gas properties by up to $9 billion this quarter and restructure some debts to avoid a possible default, the company said on Thursday.The U.S. oil producer is trying to shed nearly…

UK Gov't Advised to Harness Pandemic to Speed Zero-carbon Aims

Jun 25, 2020

From creating jobs in home insulation to hiking dirty fuel taxes and expanding electric-vehicle charging, Britain's government should harness the COVID-19 pandemic to accelerate cuts in planet-heating emissions, an advisory panel said on Thursday…

EU Hydrogen Plan Splits Supporters Down Color-coded Lines

Jun 25, 2020

Energy industry lobbyists and advocates of renewable hydrogen are divided over whether the bloc should support low-carbon hydrogen produced by fossil fuels ahead of a new EU strategy next month.The EU's executive Commission plans to publish its hydrogen strategy on July 8…

Photo: Loading of First Monopiles for Kriegers Flak Wind Farm

Jun 25, 2020

Crane specialist Liebherr has shared images of the recent loading of the first monopiles in Rostock, Germany, for the Danish offshore wind farm 'Kriegers Flak.'The wind farm, located south of the Danish coast, and being developed by Vattenfall…

Site Survey to Start for Sofia Offshore Wind Farm Construction

Jun 25, 2020

The Haven Seariser 2 jack-up vessel will soon be at work at nearshore area between Redcar and Marske-by-the-Sea in the UK to carry out a six-month offshore site investigation by service provider Fugro for Innogy's Sofia offshore wind farm.'The…

Far Signs Gambia JOAs with Petronas. Seeks Drilling Partners

Jun 25, 2020

Australian oil and gas company Far has signed new Joint Operating Agreements with Petronas related to the A2 and A5 offshore blocks in The Republic of The Gambia.This follows the granting of new licenses for those blocks by the country's government effective October 1…

U.S. Oil Firms Hit Brakes on Return-to-work as Virus Cases Soar

Jun 25, 2020

U.S. energy companies slammed the brakes on returning staff to their Houston offices as COVID-19 cases soared and top hospitals warned they could soon run out of beds for the most severely ill patients.A record number of new illnesses in Texas…

deugro Names Hutchinson VP – Oil & Gas Logistics

Jun 24, 2020

Freight forwarding and project logistics solutions provider deugro has named Jessica Hutchison as Vice President Global Key Accounts – Oil & Gas Logistics.She is responsible for managing and developing deugro’s portfolio of global key accounts within the Oilfield Services division…

Kooiman Marine Completes Vessel Conversion for Van Stee Offshore

Jun 24, 2020

Dutch shipbuilding group Kooiman Marine has completed the conversion of Van Stee Offshore's new Multi-Purpose DP-2 Support Vessel Zwerver I.Kooiman Marine said Wednesday that the final work on the vessel has been completed and the “Zwerver I” is ready to be deployed…

Current News

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