Offshore Engineer Industry News News - page 490


Global Energy Group, Rosetti Marino Team Up to Pursue Renewables Work in UK

Jan 28, 2021

UK-based Global Energy Group and Italy's Rosetti Marino have entered into a strategic partnership to execute large scale renewable energy and energy transition EPC and EPCI contracts in the UK.Under the agreement, which is for five years, a 2-year extension option…

EDF Renewables Plans to Deploy Floating Wind Turbines at BOD Phase 2

Jan 28, 2021

EDF Renewables is looking to build phase two of the Blyth Offshore Demonstrator (BOD) wind farm off the coast of Northumberland, England, using floating offshore wind technology. Once completed it would be among the first projects of this kind in English waters…

Lundin Energy Lifts Oil Output Forecast

Jan 28, 2021

Swedish independent oil company Lundin Energy raised its output forecast on Thursday and reported stronger than expected fourth-quarter earnings as Norway's largest oilfield Johan Sverdrup ramped up production.Lundin expects to achieve carbon neutrality for operational CO2 emissions from 2025…

Petrofac Nets 'Enhanced' Contract with INEOS FPS

Jan 28, 2021

Oilfield services firm Petrofac has secured an 'enhanced' five-year contract with INEOS FPS, the operator of the key UK North Sea pipeline system - the Forties.Under the terms of the agreement, Petrofac will continue to supply personnel to the Unity Platform in the Central North Sea…

Report: Samsung, Hyundai, Daewoo Gearing Up for Petrobras FPSO Tender

Jan 28, 2021

Three consortia including Asian shipyards are preparing to compete to build Brazil’s Petrobras’ first two in-house platforms in more than seven years, according to four people familiar with the tender who declined to be named as the information is private…

Neptune Energy Starts Drilling at Seagull Development Offshore UK

Jan 28, 2021

Neptune Energy has started drilling on the Seagull oil and gas development in the UK Central North Sea, the company said Thursday.Neptune is using the Gorilla VI (JU-248) jack-up rig, operated by Valaris. The company will drill four wells for…

Subsea 7, Aibel Clinch Northern Lights Contracts

Jan 28, 2021

Norwegian oil and gas firm Equinor has awarded contracts to Subsea 7 and Aibel in support of the realization of the Northern Lights carbon capture project in Norway.The Northern Lights project is part of the Norwegian full-scale carbon capture and storage (CCS) project “Langskip” (Longship)…

Damen's New Fast Crew Supplier Launched in Turkey

Jan 27, 2021

Dutch shipbuilder Damen's new Fast Crew Supplier (FCS) 7011, which will be able to carry 122 people in a single trip, hit the water earlier this month at Damen Shipyards Antalya, Turkey. The vessel, which Damen has dubbed 'as a quantum leap forward in marine access solutions…

Denmark: First Turbine Installed at Kriegers Flak Offshore Wind Farm

Jan 27, 2021

Offshore wind developer Vattenfall has informed that the first wind turbine has been installed at its Kriegers Flak offshore wind farm in the Danish sector of the Baltic Sea.'On 27 January, the tower, nacelle, and blades were installed for the…

UK Floating Wind Farms Could Reach Subsidy-Free Levels in early 2030s, Study Says

Jan 27, 2021

The UK floating offshore wind could reach “subsidy-free” levels by the early 2030s, according to a study completed by the ORE Catapult’s Floating Offshore Wind Centre of Excellence (FOW CoE).The study titled: 'The Floating Offshore Wind: Cost…

Japan's Largest Oil & Gas Producer Inpex Sets Net Zero Emission Goal

Jan 27, 2021

Inpex Corp, Japan's biggest oil and gas producer, said on Wednesday it is targeting net-zero carbon emissions by 2050 through the expansion of renewable and hydrogen energy as well as the use of carbon capture technology.The move comes after…

Study: Green Hydrogen Imports Feasible Solution for Belgium's Climate Efforts

Jan 27, 2021

A study published Wednesday by the Belgian hydrogen import coalition – a collaboration between DEME, ENGIE, Exmar, Fluxys, Port of Antwerp, Port of Zeebrugge, and WaterstofNet – has found that importing green hydrogen from abroad is is both…

Chrysaor, Aker BP Obtain Approvals for Offshore Wells in Norway

Jan 27, 2021

The Petroleum Safety Authority Norway has this week given its consent to oil firms Chrysaor and Aker BP to use the COSL Innovator and Maersk Integrator drilling rigs, respectively, for their drilling projects offshore Norway.Chrysaor, which is working to complete its merger with Premier Oil…

Oil Search Expects Tough Year Ahead

Jan 27, 2021

Papua New Guinea-focused Oil Search Ltd said on Wednesday it expects 2021 to be another challenging year and forecast lower annual output due to planned maintenance activity at the PNG liquefied natural gas (LNG) plant.The Australia-listed company said it expects annual production of between 25…

Petrobras' Oil Reserves Dropped 8% in 2020

Jan 27, 2021

Brazil's state-run oil company Petrobras ended 2020 with proven reserves of oil, condensate, and natural gas of 8.816 billion barrels, it said in a securities filing on Tuesday, down about 8% from the previous year.The company said its replacement rate was 29% of last year's production…

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