Offshore Engineer Industry News News


Innogy Eyes Partnerships in US Offshore Wind

Jun 05, 2019

Energy firm Innogy , in the process of being broken up by parent RWE and rival E.ON, could team up with oil majors to build offshore wind farms in the booming U.S. market, one of its board members said.Projects off the U.S. coast have become a major target for utilities in Europe…

Environmental Studies Wrap Up for Exxon Off Guyana

Jun 04, 2019

Offshore scientific services company TDI-Brooks International said on Tuesday it has completed two Environmental Baseline Studies (EBS) for ExxonMobil offshore Guyana.The US supermajor is operator of several blocks offshore Guyana, including Canje…

UK O&G Addressing Climate Concerns

Jun 04, 2019

The role of the UK’s offshore oil and gas industry in enabling the country’s transition to a lower carbon future was underlined at an industry conference in Aberdeen on Tuesday.More than 400 delegates from across the sector attended OGUK’s Industry…

Murphy Completes Acquisition of LLOG GoM Assets

Jun 04, 2019

US-based Murphy Oil Corporation announced that its has completed its $1.227 billion acquisition of deepwater Gulf of Mexico assets from compatriot oil and gas company LLOG.Murphy Oil President and CEO, Roger W. Jenkins, said, “We are excited…

Shell Eyes Dividend Boost After 2020

Jun 04, 2019

Royal Dutch Shell on Tuesday said it expects to increase its dividend payouts to shareholders once it completes a $25 billion share buyback by the end of 2020.The world's second largest oil and gas company also expects its free cash flow - cash…

Stena Drillship Gains Cyber Secure Notation

Jun 04, 2019

Classification society DNV GL reports it has signed a contract for the first Cyber Secure class notation with Stena Drilling. The contract covers the application of the “Basic+” notation to the drillship Stena IceMAX and includes the vessel’s dynamic positioning…

UK Awards 37 Offshore Licence Areas

Jun 04, 2019

Thirty companies have acquired acreage in the UK 31st Offshore Licensing Round, the country’s Oil and Gas Authority (OGA) announced on Tuesday.In all, 37 licence areas were awarded over 141 blocks or part-blocks to a broad spectrum of companies…

IKM Testing Wins Aker BP Contract

Jun 04, 2019

Oil company Aker BP has awarded Norwegian testing, cleaning and inspection service provider IKM Testing a frame agreement that includes most of IKM Testing’s core services. The duration of the frame agreement is six years plus an option period…

2H Offshore Opens Paris Office

Jun 04, 2019

2H Offshore, a riser and conductor specialist in subsea services group Acteon, announced it has opened a new regional office in Paris, France, to provide a direct and higher-quality service to operators and contractors based in and around Paris and to other clients throughout Continental Europe…

Norway: Strike Negotiations Go Past Deadline

Jun 03, 2019

Norwegian oil workers and their employers have extended their pay talks past a midnight deadline in a bid to avert a strike that would reduce the country's oil and gas output, negotiators said on Tuesday.The Lederne trade union has threatened to strike at offshore fields operated by Equinor…

Prosafe and Floatel Agree to Merge

Jun 03, 2019

Prosafe and Floatel announced Monday that they have agreed to merge, creating the world’s largest offshore accommodation provider.Oslo-listed Prosafe will acquire Floatel with consideration in Prosafe shares, whereby Floatel’s principal shareholders will become large shareholders in Prosafe…

Luthi Steps Down as NOIA Head

Jun 03, 2019

The National Ocean Industries Association (NOIA) announced that Randall Luthi will leave the organization next month, after serving as the group’s president for nearly 10 years. Luthi will return to his home state of Wyoming to serve as Chief Energy Advisor to Wyoming Governor Mark Gordon…

BP Sells Egypt Assets to Dragon Oil

Jun 03, 2019

BP said on Monday it has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dubai-based Dragon Oil, as part of the supermajor’s plan to divest more than $10 billion in global assets over the next two years.Under the terms of the deal…

Ampelmann Scores W2W Contract in Norway

Jun 03, 2019

Dutch offshore service provider Ampelmann said it has secured a contract with DeepOcean to support the hook-up and commissioning of the Valhall Flank West (VFW) project, operated by Aker BP.An E-type system will support the Normand Jarstein…

Expro Wins HOEC Contract in India

Jun 03, 2019

UK based oilfield services company Expro said it has been awarded a multimillion dollar contract for Hindustan Oil Exploration Company Ltd (HOEC) in Mumbai, India.The seven-year contract will include the build, maintenance and operation of a…

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