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VIDEO: World's Largest Semi-Submersible Crane Vessel Wraps its First Offshore Wind Gig

Sep 07, 2020

Dutch offshore installation contractor Heerema Marine Contractors has installed the first jacket of TenneT's Hollandse Kust (Zuid) offshore wind farm substation in the Dutch North Sea.Using its giant Sleipnir semi-submersible crane vessel, Heerema…

Australia: Pilot Energy Eyes 1.1GW Offshore Wind Farm at Oil and Gas Block Site

Sep 07, 2020

Australian oil and gas company Pilot Energy, with a stake in an offshore oil and gas block in the Northern Perth Basin, is now pursuing the development of an offshore wind farm in that same block.Pilot Energy said Friday it was starting a detailed…

Europe Could Invest $35B in CCS by 2035, Rystad Says

Sep 07, 2020

After years of expensive carbon capture and storage (CCS) studies and test centers, Europe has now reached a phase where large-scale CCS developments make sense financially, Norwegian energy market intelligence group Rystad Energy has said.In a report on Monday…

Eiffage, Engie to Build Substation for Iberdrola's French Offshore Wind Farm

Sep 07, 2020

Spanish energy company Iberdrola has via its French subsidiary Ailes Marines awarded a contract for the construction of an offshore substation for the Saint-Brieuc bay offshore wind farm in Brittany, France.A joint venture, formed by Eiffage Métal and Engie Solutions…

Chariot's Anchois Offshore Gas Field Gets 148% Resource Estimate Boost

Sep 07, 2020

Chariot Oil & Gas has informed that its Lixus offshore license in Morocco which contains the undeveloped Anchois gas discovery, could hold more gas than previously thought.Chariot said Monday it had completed the reprocessing of 3D seismic data across the license…

Borr Drilling Gets NYSE Listing Warning as New CEO Set to Take Over

Sep 07, 2020

Offshore drilling contractor Borr Drilling has received a notice from the New York Stock Exchange informing it that the company is not in compliance with the continued listing standard.The notice is related to the minimum average share price…

Yinson Orders TMC Compressors for Anna Nery FPSO

Sep 07, 2020

Malaysian FPSO provider Yinson has ordered a large marine compressed air system from TMC for the FPSO Anna Nery, which currently under construction in China, and destined for Petrobras' Marlim revitalization project in Brazil.TMC's compressed…

Canada's OFG Acquires PGS' Towed Streamer CSEM System

Sep 07, 2020

PGS, Norway-based oil and gas seismic data specialist, has signed a deal with Ocean Floor Geophysics, (OFG) under which OFG has acquired the exclusive rights to use the hardware, software and intellectual property associated with the PGS towed…

Brazil: Total Gives Up on Foz do Amazonas Offshore Blocks

Sep 07, 2020

French oil major Total has given up operatorship over five exploration blocks located in the Foz do Amazonas Basin, offshore Brazil.'Total announces that it has notified its partners on August 19 about its resignation from its role of operator for five exploration blocks…

Australia's Offshore Oil and Gas Industry Faces New Indigenous Heritage Test

Sep 07, 2020

A discovery of ancient artefacts on the seabed off Australia's west coast has opened up a new frontier for resource companies to watch out for in conserving indigenous heritage.Archaeologists in July reported they had found hundreds of stone…

Woodside, Cairn Ink Binding Deal for Senegal Oil Field Rights Transfer

Sep 04, 2020

Australian oil and gas giant Woodside has signed binding agreements with Cairn for the acquisition of Cairn's 40 percent interest in Woodside-operated offshore oil blocks in Senegal.The firm deal, announced Friday, comes after Cairn had in July agreed to sell its interest in the Rufisque Offshore…

C-Innovation Installs Stem Clamps on BP's Mad Dog Spar

Sep 04, 2020

Subsea ROV services provider C-Innovation has installed several stem clamps for BP under the Mad Dog Spar platform in the U.S. Gulf of Mexico.Informing of the completion of the project for BP, C-Innovation said it had used its subsea inspection…

MMA Offshore Nets Long-Term Charter Extension with Woodside for AHT Duo

Sep 04, 2020

Australian offshore vessel operator MMA Offshore has secured vessel charter extensions with Woodside Energy.The contracts are for two of MMA Offshore vessels and will run until March 2022.'These extensions increase the Company’s contracted revenue…

Petronas to Increase Role of Renewables in its Portfolio as it Posts Quarterly Loss

Sep 04, 2020

Malaysian state-owned energy giant Petroliam Nasional Berhad said on Friday it would reshape its portfolio after reporting its first quarterly loss in nearly five years following a coronavirus-related demand slump and lower oil prices.Petronas…

Ex-Aker BP, Halliburton Experts Join Norwegian Wellbore Firm Marwell

Sep 04, 2020

Marwell, a recently established, Stavanger-based, wellbore and completion services company, has made two new senior appointments to run drilling and completions branches. Øystein Eide, until recently with Aker BP, will join the company to lead the drilling and well construction business…

Current News

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