Offshore Engineer Industry News News


Japan Identifies 10 Areas for Offshore Wind Projects

few minutes ago

Japan's industry ministry said on Friday it has identified 10 areas as potentially suitable for development of offshore wind farms, four of which were designated 'promising areas', as it started a second round of the process to select operators…

Neptune Strikes Hydrocarbons at Dugong Well, off Norway

1 hour ago

Oil and gas firm Neptune Energy has struck hydrocarbons at its Dugong well in the Norwegian sector of the North Sea, just two weeks after the drilling started.'Upon entering the reservoir, logs and cuttings have identified hydrocarbons and a decision has been made to initiate coring…

LLOG Charters Transocean Rig for Shenandoah Drilling

1 hour ago

U.S. Gulf of Mexico operator LLOG has chartered a Transocean drilling rig for the drilling of wells at the Shenandoah project in the Gulf of Mexico.The news was announced on Thursday by Navitas, LLOG's partner in the project (PDF in Hebrew)…

COSL Signs LOI for COSLInnovator Rig

3 hours ago

Offshore drilling company COSL Drilling has signed a letter of intent with an unnamed operator for the use of its COSLInnovator semi-submersible drilling rig offshore Norway in 2021.'After being kept ready for operations over a longer period…

Eni, Shell Aware of Bribery in Nigeria, Italy Prosecutor Says

7 hours ago

Oil majors Eni and Royal Dutch Shell were aware that most of the money they spent to buy a Nigerian oilfield in 2011 would go in corrupt payments to politicians and officials, a prosecutor said on Thursday.'They were kickbacks. And Eni and Shell knew it…

Magnora, Kustvind Speed Up Work on 500MW Offshore Wind Farm in Sweden

7 hours ago

Oslo-listed company Magnora has teamed up with Swedish wind power company to speed up the development “Sydkustens Vind”, a 500 MW shallow-water offshore wind project in the Baltic Sea, off southern Sweden.“The decision follows several studies…

Global Offshore Rig Count in June Falls to 208. Africa Suffers the Biggest Loss

Jul 02, 2020

The global active offshore drilling rig count for June 2020 was lower by 65 units, compared to June 2019, Baker Hughes' monthly rig count report has shown.Latin America was the only region that saw its offshore rig count rise, Europe and North America saw their numbers halved…

Angola Resisting Pressure to Taper Oil Output

Jul 02, 2020

Angola is resisting pressure by OPEC's de-facto leader Saudi Arabia for a steeper oil output cut to comply fully with record supply curbs, OPEC and industry sources said.The Organization of the Petroleum Exporting Countries and allies, known as OPEC+…

Huisman to Deliver Cranes for First Taiwan-built Offshore Installation Vessel

Jul 02, 2020

Dutch industrial equipment provider Huisman will deliver cranes for the first Taiwan-built offshore installation vessel.The vessel - to be named Green Jade - will be owned by CDWE, a joint venture company between Taiwanese company CSBC and Belgian offshore contractor DEME…

Asia Pacific Drilling Technology Event Delayed for 2021

Jul 02, 2020

Asia Pacific Drilling Technology Conference and Exhibition (APDT) originally scheduled for September 1-2 2020 in Yangon, Myanmar has been postponed for next year due to the COVID-19 pandemic.'Due to the ongoing global public health concerns related to COVID-19…

Polish Gov't and Industry Agree to Jointly Develop Baltic Wind Power

Jul 02, 2020

Poland's government signed on Wednesday a letter of intent with lobby groups and industry to collaborate on developing offshore wind farms in the Baltic Sea as the country seeks to reduce its reliance on coal.Poland, which generates almost 80% of its electricity from coal…

Record High Oil Exports from Big U.S. Offshore Port

Jul 02, 2020

Crude exports from the Louisiana Offshore Oil Port (LOOP) are hitting a record high even as U.S. crude exports have fallen as the coronavirus pandemic has chopped worldwide fuel demand.Oil majors Royal Dutch Shell Plc and BP Plc are the main winners from rising LOOP exports…

Premier Oil Drops Tolmount Deal with Dana

Jul 02, 2020

Premier Oil said on Thursday it will not acquire the additional 25% interest in the Tolmount gas project from South Korea's Dana Petroleum, while its creditors approved the acquisition of BP's North Sea assets under the amended terms.The UK…

Regulators Give Nod for Vattenfall's 1.8 GW Norfolk Vanguard Offshore Wind Farm

Jul 02, 2020

Offshore wind developer Vattenfall has received regulatory consent for the development of the 1.8 GW Norfolk Vanguard Offshore Wind Farm off the UK.The consent was granted earlier this week by the UK Secretary of State for Business, Energy, and Industrial Strategy Alok Sharma…

Current News

Japan Identifies 10 Areas for Offshore Wind Projects

Neptune Strikes Hydrocarbons at Dugong Well, off Norway

LLOG Charters Transocean Rig for Shenandoah Drilling

COSL Signs LOI for COSLInnovator Rig

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