Offshore Engineer Industry News News - page 736


Offshore Wind: Project Underway to Study Buckling Risk as Piles Grow Larger

May 24, 2021

Carbon Trust said Monday that a joint project was underway to examine the impact of increased monopile size on structural stability.The project, called the  Verification of Buckling Assessment and Behaviour in Large Monopiles (VERBATIM) project is a €3 million joint industry initiative…

80:20 Procurement Wins North Sea Contract with Total

May 24, 2021

Peterson Energy Logistics' unit 80:20 Procurement Services has recently won a contract with the oil company Total E&P UK, a subsidiary of the French oil giant Total.The contract scope of 80:20 includes general consumables and ad-hoc material supply…

Offshore Mooring: Delmar Systems Acquires Vryhof

May 24, 2021

U.S.-based offshore mooring services firm Delmar Systems on Monday announced the acquisition of the Dutch-based rival Vryhof, consisting of Deep Sea Mooring and Vryhof Anchors. The combined company, with its global footprint and enhanced asset portfolio…

Britain Hits New Wind Power Record

May 24, 2021

Blustery weather helped Britain to a wind power record in the early hours of Friday morning, provisional National Grid data showed.Between 0200 and 0300 BST Britain's wind farms provided a record 62.5% of the country's electricity demand, beating the previous best of 59…

UK: Eni to Buy Conwy Offshore Field from Tailwind Energy

May 24, 2021

UK-focused oil company Tailwind has agreed to sell its entire working interest in the Conwy field, offshore the UK, to the Italian oil giant Eni.'Conwy has had an excellent safety and production record under Tailwind ownership but now the asset…

BHP Sells Its Stake in the GoM Neptune Field to EnVen

May 21, 2021

Australia's BHP announced on Friday that it will divest its 35% stake in the Neptune field in the U.S. Gulf of Mexico to Houston-based EnVen Energy Corp. The financial terms of the transaction were not disclosed. BHP has operated the Neptune field for the last 10 years…

Talos Best Positioned to Lead Zama Field Development, CEO Says

May 21, 2021

U.S.-based oil company Talos Energy, working on a unitization agreement for the giant Zama offshore oil discovery in Mexico with the Mexican oil company Pemex, hopes the final solution will see the company lead the development of the field as the operator…

As Iran Eyes End of Oil Export Sanctions, will Former Asia Clients Buy?

May 21, 2021

As Iran gears up to resume oil exports once the United States lifts trade sanctions, former key clients in Japan, South Korea and Taiwan say they'll wait for the U.S. green light before investigating terms under which they might buy Iran's oil again…

India Still Searching for Missing Offshore Workers Three Days after Barge Sinking

May 21, 2021

India's army and navy deployed ships and aircraft as they searched for 26 people still missing more than three days after a powerful cyclone sank a barge off the country's west coast, killing 49 people on board.Cyclone Tauktae, the most powerful storm to barrel into the west coast in two decades…

Reach Subsea Bags New Contracts for Olympic Delta, Havila Subsea Vessels

May 21, 2021

Olso-listed offshore energy services provider Reach Subsea has secured two call-offs under one of its frame agreements for 2021 execution.The contracts represent around 45 vessel days and will be performed by the Olympic Delta vessel spread…

W&T Offshore Books Valaris Jack-Up Rig for Gulf of Mexico Drilling Project

May 20, 2021

Offshore drilling firm Valaris has secured a contract for one of its jack-up rigs in the U.S. Gulf of Mexico.Valaris, which on April 30, 2021 completed its financial restructuring and emerged from chapter 11, said Wednesday that the jack-up…

European Commission Greenlights €22.5B Polish Scheme to Support Offshore Wind Farms

May 20, 2021

The European Commission has approved a Polish scheme to support offshore wind farms with 22.5 billion euros ($27.42 billion), it said on Thursday.'The measure will help Poland reach its renewable energy targets without unduly distorting competition…

Balmoral's System Prevents Offshore Wind Cable Damage

May 20, 2021

Aberdeen-based Balmoral Comtec has noted recent news on offshore wind cable failures, and has offered a solution for the problem in the form of its integrated cable protection stability system.According to the company, its system offers up to…

The Philippines: Shell to Sell Malampaya Field Stake to Udenna for up to $460M

May 20, 2021

Oil and gas giant Shell has struck a deal to sell its subsidiary Shell Philippines Exploration B.V. (SPEX) to Udenna Corp's subsidiary Malampaya Energy XP.SPEX holds a 45% operating interest in Service Contract 38 (SC38), which includes the producing Malampaya gas field…

RWE Renewables, National Grid Team Up in U.S. Offshore Wind Push

May 20, 2021

German renewable energy giant RWE Renewables and UK-based National Grid, one of the world’s largest publicly listed utilities, on Thursday signed a partnership deal to jointly develop offshore wind projects in the coastal region of the Northeast U…

Current News

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