Offshore energy services provider Aker Solution has said it has been issued a letter of award for an offshore maintenance project with an undisclosed client.The Norwegian company said the letter of award for offshore maintenance and modification…
Tullow Oil expects to report a $1.5 billion writedown after lowering its long-term oil price assumptions by $10 to $65 a barrel, an announced reduction in reserves in Ghana and disappointing exploration wells, it said on Wednesday.'Tullow expects…
Tower Resources has been given more time to explore at the Thali license in Cameroon.Tower said Wednesday that the country's authorities had granted it a one-year extension to the initial period of the exploration phase of the Thali PSC as requested by Tower…
Norway's Equinor has awarded a front-end engineering (FEED) study to Aker Solutions for the electrification of the Troll B and C platforms in the North Sea from shore, with the aim to reduce CO2 emissions from the field.The contract includes an option for the engineering…
German wind turbine builder is carrying out a condition monitoring campaign at the 402MW Veja Mate offshore wind farm in the German North Sea.The rotor blade condition monitoring system or fos4X “retroX” system, consisting of a sensor platform and intelligent software…
Swedish developer Vattenfall has contracted Swire Blue Ocean (SBO) for the installation of the Siemens Gamesa wind turbines at the Hollandse Kust Zuid wind farms in the Dutch North Sea.Using its flagship Pacific Osprey wind farm installation vessel…
The Irish power grid operator EirGrid has awarded NKT a service contract for the interconnector connecting Ireland and Great Britain.The cable and cable accessories supplier to the energy sector has been awarded a five-year service agreement…
The 2 MW Floatgen floating wind turbine, the first wind turbine installed offshore France, more than doubled its power production in the second half of 2019 compared to the first semester, reaching an annual total of 6GWh.According to the developer Ideol…
The largest and most versatile fleet of semi-submersible accommodation vessels in operation worldwide Prosafe SE has missed its final payment to China’s Cosco shipyard for the Safe Notos flotel.Offshore accommodation specialist informed last…
The offshore oil & gas industry is witnessing the beginning of what could be a new investment cycle as worldwide activity is ramping up.Rystad Energy, the energy research and business intelligence company, said that offshore investments would climb 8% in 2020…
Japanese floating equipment maker Modec Inc is looking to win one or two major platform contracts per year in Brazil as it aims to grow in the country's offshore oil boom, a senior executive told Reuters.A string of contracts in recent years has made Brazil a key market for the firm…
Italian oil and gas company Eni has launched the hull of its Coral Sul FLNG unit at Samsung's Geoje yard in South Korea.Once completed the FLNG unit will be deployed over Eni's Coral reservoir in Area 4 offshore Mozambique and will be used to…
US-based lifting and rigging accessories manufacturer Crosby has completed the acquisition of offshore mooring company Feubo.The purchase includes the Feubo facility located in Hattingen, Germany that will become Crosby’s center of excellence for mooring components…
Malaysian oilfield services provider Dayang has won two contracts with the country's oil and gas giant Petronas.Dayang said Tuesday that the contracts were for the provision of integrated hook-up and commissioning (i-HUC) services for Petronas Carigali through Package B: SBA and Package D: SKO…
Lebanon has postponed a deadline for the submission of applications as part of its second licensing round for oil and gas acreage, Lebanon's energy minister Nada Boustani tweeted Monday.According to Reuters, which translated the tweet in Arabic…