Offshore Engineer Industry News News - page 2


Transocean's Backlog Boosted by $392M Ultra-deepwater Drillship Deal

Feb 01, 2023

Offshore drilling contractor Transocean said Tuesday it had secured a long-term deal for one of its ultra-deepwater drillships.The contract, awarded by 'a national oil company' for work offshore Brazil, is for the ultra-deepwater drillship, Dhirubhai Deepwater KG2…

Neptune Energy Brings Online 10th Well at Cygnus Offshore Field

Feb 01, 2023

Oil and gas company Neptune Energy and its partner, Spirit Energy, said Wednesday that production had started from the tenth well at the Cygnus gas field in the southern North Sea, offshore the UK.Neptune said that the start-up of the well unlocked additional supplies for UK homes and businesses…

Ørsted Says Offshore Business Faced Headwinds in Q4

Feb 01, 2023

Denmark's Ørsted, the world's No. 1 offshore wind farm developer, on Wednesday reported fourth-quarter operating profit in line with preliminary 2022 numbers but said its offshore business faced challenges. 'In a year with unusual market conditions…

U.S. Major ExxonMobil Faces $220M Tax Claim from Russia

Jan 31, 2023

The Russian General Prosecutor's Office is asking a court to recover 15.5 billion roubles ($220 million) in allegedly unpaid taxes from U.S. oil major ExxonMobil , local news agencies TASS and Interfax reported on Tuesday citing court documents…

Marlink Comms Solutions for 102 Miclyn Express Offshore Vessels

Jan 31, 2023

Marlink, a global provider of satellite and digital communication solutions, is implementing a fleet-wide migration of its smart managed network solution for offshore vessel operator Miclyn Express Offshore (MEO Group) to support its ongoing digitalization program…

Japan's Marubeni Starts Commercial Ops at Akita Offshore Wind Farm

Jan 31, 2023

Japanese trading firm Marubeni Corp started commercial operation based on the feed-in tariff program for renewable energy at Akita Port offshore wind farm on Tuesday, it said in a statement.Japan's offshore wind power market, part of the country's goal to be carbon neutral by 2050…

Delta-shaped Foundation for Giant Floating Wind Turbines Gets ABS Approval

Jan 31, 2023

The American Bureau of Shipping (ABS) has approved in principle the Bassoe D-Floater, a floating offshore wind turbine foundation.It is said that the Bassoe D-Floater foundations will be able to handle 15 megawatt offshore turbines, which will be among the world's largest…

Nova Innovation Double Size of Offshore Tidal Power Array

Jan 31, 2023

Edinburgh-based tidal energy company Nova Innovation has achieved another world-first by doubling the size of its Shetland Tidal Array. In 2016, the array of three underwater tidal turbines was the first of its kind and has been powering homes and businesses in Shetland ever since…

Sale of CNOOC's $3B UK Portfolio Halted

Jan 31, 2023

CNOOC Ltd, China's top offshore oil and gas producer, has halted a planned sale of its UK North Sea portfolio, which could have been valued at as much as $3 billion, Bloomberg News reported.Although initial offers failed to meet CNOOC's expectations for the business…

Petrobras 'Pre-salt' Geologist Tapped to Head E&P

Jan 30, 2023

The new Chief Executive of Brazil's Petrobras, Jean Paul Prates, has picked geologist Mario Carminatti to head the oil company's exploration and production division, people with knowledge of the information said on Friday.As the company's chief geologist…

Finance: Investors Become Super-Bullish on Oil

Jan 30, 2023

Portfolio investors have piled into petroleum futures and options at the fastest rate since the first successful coronavirus vaccines were announced in late 2020.China’s exit from a zero-COVID strategy, along with hopes the global economy can avoid a recession and low oil inventories…

Offshore Drilling Rig Completes Recertification, Ready for Nigeria Contract

Jan 30, 2023

Offshore drilling firm Dolphin Drilling said Monday that its offshore drilling rig Blackford Dolphin had completed a five-year recertification and 'is soon ready' to start its 12-month drilling contract with General Hydrocarbons Limited.The…

TAQA, Fugro in Europe's "First" Uncrewed Offshore Integrity Inspection

Jan 30, 2023

Oil and gas firm TAQA has partnered with the Dutch offshore survey company Fugro for a pilot project using uncrewed surface vessels for underwater inspections.According to TAQA, its Dutch subsidiary TAQA Netherlands is 'the first oil and gas…

Oil and Gas Ops Get a Digital Upgrade with Baker Hughes, Corva Partnership

Jan 30, 2023

Energy industry technology firm Baker Hughes has partnered up with Houston-based cloud-based well construction digital solution provider Corva, 'to bolster oil and gas customers’ rig visualization and drive enhanced decision making across the well lifecycle…

Ørsted and Eversource Bid for New Offshore Wind Farm in New York

Jan 27, 2023

Ørsted and Eversource have submitted a joint proposal in response to New York State’s third round of offshore wind solicitations. 'Delivering clean, renewable power for at least 1 million New York homes, this submission includes multiple bids…

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