Offshore Engineer Industry News News - page 60


Reach Subsea Partners with Agalas for New IMR/Survey Vessel

Nov 10, 2023

Reach Subsea, a Norwegian subsea services company, has signed a long-term charter contract with Agalas for a modern IMR/Survey vessel to be built in Turkey.According to Reach Subsea, to be hired on three or five-year charter, will has a low emission…

BB Energy, JE Energy Win Tender to Market Guyana's Share of Oil

Nov 10, 2023

British trading firms BB Energy and JE Energy on Thursday won two contracts to market Guyana's share of crude production through deals that will pay the South American country premium fees of between 26 cents and 70 cents per barrel over market prices…

Norway's Statkraft May Return to British Offshore Wind

Nov 10, 2023

Norway's state-owned Statkraft could return to the British offshore wind market, but its key focus remains Ireland, Norway and Sweden, its CEO told Reuters on Friday.'We are looking at Britain,' Christian Rynning-Toennesen said after Statkraft's third-quarter earnings presentation…

Lamprell Delivers Newbuild Jack-up Rig 'Kingdom 1' to IMI

Nov 10, 2023

Offshore energy engineering and construction services company Lamprell said Friday it had delivered the first of two new build jack-up rigs to its client, International Maritime Industries (IMI). The jack-up rig, Kingdom 1, which has been built collaboratively between ARO…

Deep Wind Offshore Partners with Hy2gen to Produce Hydrogen from Offshore Wind

Nov 10, 2023

Norway-based offshore wind developer Deep Wind Offshore has entered a partnership with the hydrogen company Hy2gen to produce green hydrogen from offshore wind. 'The combination of offshore wind and hydrogen has massive potential. It is not possible to achieve net zero without green energy carriers…

Ahead of Schedule: ExxonMobil Guyana Takes Ownership of FPSO Liza Unity from SBM Offshore

Nov 10, 2023

Dutch FPSO leasing firm SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil, have completed the transaction related to the purchase of FPSO Liza Unity, a few months ahead of the end of the maximum lease term, in February 2024…

New Addition to Viking Supply Ships Fleet: Normand Statesman, Now Odin Viking

Nov 09, 2023

Swedish offshore support vessel owner Viking Supply Ships has taken delivery of the Normand Statesman AHTS vessel, under a bareboat charter deal signed with the vessel owner Ocean Yield in March 2023.As previously reported, Viking Supply Ships…

Seven Existing UK Offshore Wind Farm Project Sites Set for 4GW Power Boost

Nov 09, 2023

Britain's Crown Estate said Thursday it was taking steps to enable the generation of up to an additional 4GW of green electricity from several offshore wind farm projects in development within the timeframe of the UK government’s offshore wind target of 50GW by 2030…

Barossa Project: BW Offshore's Massive FPSO Hull Sets Sail for Singapore

Nov 09, 2023

FPSO leasing company BW Offshore said Thursday that the hull of BW Opal, one of the largest FPSO hulls ever built and destined for Santos' Barossa gas project in Australia, had set sail from a yard in South Korea and was en route to Singapore for topside integration…

Suncor Tops Profit Estimates on Strong Refining Margins

Nov 09, 2023

Canada's Suncor Energy beat market estimates for third-quarter profit on Wednesday, helped by strong refining margins and higher sales volumes from its oil sands operations. Demand for refined products remained stable during the quarter after…

Nova Innovation's Floating Solar Technology Powers Forth Ports' HQ

Nov 09, 2023

Marine energy firm Nova Innovation has installed a marine floating solar demonstrator to power Forth Ports’ headquarters in the Port of Leith, Scotland.'Nova’s expertise in managing subsea power stations has paved the way for the development of robust floating solar technology…

Mideast Conflict Dims Prospect of More Egyptian LNG Exports to Europe

Nov 09, 2023

The prospect of the EU receiving more liquefied natural gas (LNG) from Egypt in the short and medium term looks unachievable due to tight gas balances and reduced imports from Israel, Oxford Institute of Energy Studies (OIES) said.Egypt shipped…

Inpex Raises Full-year Profit Guidance Despite Prelude Impairment Loss

Nov 09, 2023

Japan's top oil and gas producer Inpex on Thursday increased its full-year net profit forecast to 340 billion yen ($2.3 billion) on expectations of higher oil prices and a weaker yen and after record nine-month earnings.Inpex had earlier forecast net profit for the year at 320 billion yen…

Electrical Incident Curtails LNG Output at Chevron's Gorgon Facility in Australia

Nov 09, 2023

An 'electrical incident' last month has curtailed the output of liquefied natural gas (LNG) at Chevron's Gorgon facility in Western Australia, a company spokesperson said on Thursday. The incident on Oct. 31 at a substation that provides power…

ADNOC to Cut 2024 Upper Zakum Oil Supply to Some Term Buyers -sources

Nov 09, 2023

Abu Dhabi National Oil Company (ADNOC) has notified some term customers that it will reduce the volume of Upper Zakum crude oil supply in 2024, three sources with direct knowledge of the matter said on Thursday.The move could affect supplies to China…

Current News

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