Latest News - page 1497


SGRE Wins 2.6GW Offshore Turbine Deal in US

Jan 07, 2020

Siemens Gamesa Renewable Energy (SGRE), the world’s largest supplier of offshore wind turbines, won the order for Dominion Energy’s 2,640-megawatt project off the coast of Virginia, U.S.A.According to a press release from the Spanish-based engineering company company…

Norwegian PM Opens Johan Sverdrup Field

Jan 07, 2020

Norway's prime minister Erna Solberg has opened the Johan Sverdrup field center, and the Minister of Petroleum and Energy, Sylvi Listhaug, also attended the opening.Since Equinor and the Johan Sverdrup partners Lundin Norway, Petoro, Aker BP and Total started the field on 5 October last year…

BP, Premier Oil in $625M North Sea Deal

Jan 07, 2020

Energy giant BP has agreed a $625m deal to sell a package of North Sea assets. Premier Oil will take over the Andrew platform and BP's controlling stake in five surrounding fields, as well as its minority stake in the Shell-operated Shearwater field…

Talos Confirms Zama Resources

Jan 07, 2020

Talos Energy, upon completion of third-party contingent resource evaluation of the company's Zama discovery offshore Mexico, said best estimates are near the high end of its previously guided range, and noted it aims to achieve a final investment…

Shelf Drilling Wraps Maersk Completer Rig Buy

Jan 07, 2020

Dubai-based offshore drilling firm Shelf Drilling has completed the purchase of the jack-up drilling rig Maersk Completer from Maersk Drilling. The rig, which has now been renamed, has been stacked in Singapore since 2017. The two companies…

Apache Makes Major Discovery Offshore Suriname

Jan 07, 2020

Apache Corp and Total SA said on Tuesday they had made a major oil discovery in a closely watched area off the coast of South America's Suriname, sending Apache's shares surging nearly 27%.The discovery, dubbed 'among the most anticipated in the world' by one brokerage…

Taiwan to Add 10GW of Offshore Wind

Jan 06, 2020

Taiwan's Ministry of Economic Affairs (MOEA) planned a new target to develop further 10 GW of offshore wind capacity between 2026 to 2035 - anticipation of a price drop below the average consumer price.MOEA is fulfilling the 2025 target on schedule…

EMGS Vessel Utilization Up

Jan 06, 2020

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) has seen an increase in vessel utilization for the fourth quarter 2019 at 80% compared with 32% for the fourth quarter in 2018.For the full year 2019, the vessel utilization was 59%…

Gazprom Neft Completes Okhotsk Survey

Jan 06, 2020

Russian oil and gas exploration company Gazprom Neft has completed ecological monitoring of grey whale populations at the Ayashsky license block, offshore from Sakhalin Island, with expedition members registering more than 550 animals in the course of a five-month survey…

Fugro Loses Arbitration Case

Jan 06, 2020

Dutch multinational Geo-data specialist Fugro announced that it has been disappointed in an arbitration case involving Tasik Toba Subsea in March 2019, of a long-term chartered DP3 diving support vessel, the Southern Star.An arbitration tribunal…

Activists Climb Jackup in Dundee

Jan 06, 2020

Activists on Monday boarded a jackup drilling rig in Dundee harbor, in Scotland, aiming to prevent the rig from departing for scheduled drilling operations for Shell in the North Sea.The 'occupied' rig, Valaris' KFELS Super A jackup Valaris Ju-122…

Oil Hits $70 a Barrel

Jan 06, 2020

Oil prices rose a further 2% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a U.S. air strike which killed a top Iranian military commander.Brent crude futures soared to a high of $70…

Royston Overhauls Aoka Mizu FPSO Power Systems

Jan 06, 2020

Royston said it has completed the overhaul of a critical power system on board the Bluewater Services operated floating production, storage and offloading (FPSO) vessel Aoka Mizu.The diesel power specialist said its team of engineers undertook the 6…

Turkey, Libya May Contract Drillers in Eastern Med

Jan 06, 2020

Turkey and Libya could work with international companies to search for oil and gas in the eastern Mediterranean, Turkish President Tayyip Erdogan said on Sunday, following a deal between Ankara and the Tripoli-based government on maritime borders…

Equinor Targets Zero Emissions by 2050

Jan 06, 2020

Norwegian offshore operator Equinor said Monday it will invest 50 billion kroner ($5.67 billion) over 10 years on a path toward reducing company-wide emissions by 40% through to 2030.Using the EU’s 2005, rather the UN’s 1990 as a benchmark year…

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