Offshore Engineer Industry News News - page 9


Petrobras to Take Over Six BP's Ultra-deepwater Blocks in Brazil

Apr 07, 2021

Brazil's national oil company Petrobras has agreed to take over BP's entire stakes in six ultra-deepwater blocks, located offshore northern Brazil.The blocks are situated some 120 km from the state of Amapá, in what Petrobras said was a high…

In Break with Rivals, Oxy CEO Says Carbon Tax Would be 'Bad'

Apr 07, 2021

Occidental Petroleum Corp Chief Executive Vicki Hollub said on Tuesday she opposes a carbon tax, an idea that has gained the backing of large rival oil companies and some trade groups.'A carbon tax would be bad for a lot of the industry, a carbon…

Chevron, Hokkaido Gas Ink LNG Supply Deal

Apr 07, 2021

U.S. oil and gas major Chevron has signed a deal with Japan's Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron’s global LNG portfolio to Japan's Hokkaido area.Under the agreement, Chevron will supply Hokkaido…

EU Official Urges Turkey to Resolve issues with Greece, Cyprus over Offshore Gas Rights

Apr 07, 2021

European Council President Charles Michel called on Turkey to keep working to resolve disputes with Greece and Cyprus over gas rights in the Mediterranean as he visited Ankara on Tuesday to discuss trade and refugees with President Tayyip Erdogan…

ABB, Siemens to Service Electrical Equipment on All Equinor's Platforms in Norway

Apr 07, 2021

Norway's Equinor has awarded ABB and Siemens Energy 8-year framework agreements for providing service of electrical equipment on all Equinor’s installations on the Norwegian continental shelf (NCS) and onshore plants in Norway. The total value…

Halliburton CEO Earned $10 Million More in 2020, Despite Pledge to Cut Pay

Apr 06, 2021

The top executive for oilfield services firm Halliburton Co earned roughly $10 million more in 2020 than the prior year, despite company pledges to reduce executive pay as the coronavirus pandemic crushed the oil industry, according to a regulatory document filed on Tuesday…

Global Offshore Completes Cable Installation at Vattenfall’s Kriegers Flak Wind Farm

Apr 06, 2021

Global Offshore, an offshore trenching and cable installation specialist, has completed a cable installation campaign at Vattenfall’s Kriegers Flak offshore wind farm in the Baltic Sea, off Denmark.The first phase of work, finished last year…

Report: Delek in Talks to Sell Stake in Tamar Offshore Gas Field for $1.1B

Apr 06, 2021

Israel’s Delek Drilling is in talks to sell its stake in the offshore natural gas field for up to $1.1 billion, financial news website Calcalist reported on Monday.Delek owns a 22% stake in Tamar, one of Israel’s main energy sources, which it…

Flare Structure Installed on Energean Power FPSO

Apr 06, 2021

Construction of the Energean Power FPSO, destined for Energean's Karish field off Israel, has recently reached what has been described as a 'major milestone' with the installation of the flare on the FPSO in a Singapore shipyard.Technip Energies…

Wood Secures 5-Year North Sea Services Deal with TAQA

Apr 06, 2021

Wood, an energy industry consulting and engineering company, has secured a new contract with oil company TAQA to provide integrated facility services across the TAQA's North Sea assets.With the award of a five-year Integrated Facilities Services agreement…

Qatar Petroleum Farms Into Shell's Deepwater Blocks Offshore Namibia

Apr 06, 2021

Qatar Petroleum has signed a deal with oil major Shell to become a partner in two exploration blocks offshore Namibia.Under the deal, for which financial details were not disclosed, Qatar Petroleum will hold a 45% participating interest in the…

VARD to Build North Star's Dogger Bank SOV Fleet in Vietnam

Apr 06, 2021

Norwegian shipbuilder VARD has won contracts to build three Service Operation Vessels (SOVs) for the UK-based North Star Renewables. The vessels, to be built in Vietnam, will operate on the Dogger Bank Wind Farm in the North Sea, the world's largest…

BP Expects to Reach $35B Net Debt Target in 1Q

Apr 06, 2021

BP expects to reach its $35 billion net debt target in the first quarter of 2021, the energy group said on Tuesday, following earlier-than-expected proceeds from disposals and a 'very strong' quarter.The company, which had a debt pile of $39 billion at the end of 2020…

Shipbuilding: ASRY Receives ASME Accreditation

Apr 05, 2021

The New Construction & Engineering Department of ASRY received ASME Accreditation which allows ASRY to manufacture and repair Coded Pressure Vessels.ASRY attained this accreditation after an extensive review of the company's Quality Assurance Systems…

The U.S. Sets Ambitious Offshore Wind Targets – What Will It Take to Meet Them?

Apr 05, 2021

The United States’ offshore wind industry is tiny, with just seven wind turbines operating off Rhode Island and Virginia. The few attempts to build large-scale wind farms like Europe’s have run into long delays, but that may be about to change…

Current News

Safety Body: Equinor's Melkøya LNG Plant Broke Rules Ahead of 2020 Fire

OPT's PowerBuoy Deployed Offshore Chile

Woodside Taps Zenith Energy for Senegal Drilling Support

GlobalData: 35% of Equinor's Total Oil and Gas Output Base to be Powered from Shore

Subscribe for OE Digital E‑News