Latest News - page 1528


Prince Frederik to Address WindEurope Event

Nov 13, 2019

Crown Prince Frederik of Denmark will deliver the opening address at the WindEurope Offshore 2019, which is claimed to be the world’s largest event dedicated to offshore wind.The event, which will take place in Copenhagen from 26 to 28 November…

Profab Gets Apsara Gig from KrisEnergy

Nov 13, 2019

Southeast Asia-focused oil and gas company KrisEnergy Apsara Co signed a conditional letter of award with PT Profab for the supply of a minimum facilities wellhead “mini-platform” for the Apsara oilfield – Cambodia’s maiden oil development.According…

Chrysaor Buys Stakes in OKEA’s 2 Licenses

Nov 13, 2019

North Sea oil producer Chrysaor Norge has exercised an option to buy stakes in OKEA’s Grevling and Storskrymten discoveries offshore Norway.The Norwegean oil production company OKEA confirmed the sale of 20% of the Company's participating interest in Grevling (PL 038D) and 18…

SGRE Wins Hai Long 2 OWP

Nov 13, 2019

Spanish global renewable energy company Siemens Gamesa Renewable Energy (SGRE) has been selected as the preferred supplier of turbines for the 300MW Hai Long 2 offshore wind project in Taiwan.The agreement is subject to contract and final investment decision from the consortium partners…

Shelf Drilling Wins $151Mln Contracts

Nov 13, 2019

Dubai-headquartered offshore drilling contractor Shelf Drilling has added $151 million in contract awards, increasing the number of contracted rigs from 29 to 31 during the month of October.The world’s largest contractor of jack-up rigs said…

Oil Is Our Gold and We Aim to Use All of It -ADNOC

Nov 13, 2019

Abu Dhabi National Oil Co aims to exhaust its vast oil and gas reserves even as many consumers switch to cleaner sources of energy, a senior executive in the Gulf oil company said.The world's transition away from fossil fuel in an effort to…

Pemex Won't Pay Ransom After Cyberattack

Nov 13, 2019

Mexican national oil company Pemex will not pay a ransom demanded by suspected cyberattackers who targeted the firm's computer systems, Energy Minister Rocio Nahle told reporters on Wednesday.Nahle, who also serves as chair of the Pemex board…

Normand Clipper Secures Long-term Contract

Nov 13, 2019

Norwegian ship owner Solstad Offshore said it has been awarded a long-term contract with Global Offshore, part of the Global Marine Group for CSV Normand ClipperThe contract will commence in the first quarter of 2020 and have a duration of three years firm plus five years options thereafter…

Neodrill Enters Australian Market

Nov 13, 2019

Pre-rig technology company Neodrill announced it is bringing its CAN (Conductor Anchor Node) technology to Australia and New Zealand. To support this new phase of growth, the role of business development manager for the region has been created…

Foreign Players Unlikely to Bid in Brazil -BP Brazil Head

Nov 13, 2019

Foreign oil companies that have not joined Brazil's last two auctions of offshore 'pre-salt' fields are also unlikely to bid next year, BP Plc's Brazil president told newspaper Valor Economico in an interview published on Wednesday.Adriano Bastos argued that…

i-Tech 7 Performs UWILD for Borr Drilling

Nov 13, 2019

Subsea 7’s life of field business unit i-Tech 7 reports it has completed an underwater inspection in lieu of dry-docking (UWILD) project for Borr Drilling in the North Sea.Borr Drilling required a hull inspection for its Paragon MSS-1 mid-water semi-submersible…

Subsea Digital Alliance Launched

Nov 13, 2019

Showcasing Norwegian digital solutions, the Subsea Digital Alliance has been launched to bring smart cloud collaboration to the energy industry.As digital strategists in the oil and gas sector see the opportunity to leverage new projects to introduce new…

AAOG Inches Closer to Monetization of Congo Project

Nov 13, 2019

Independent oil and gas developer Anglo African Oil & Gas, (AAOG) has tentatively confirmed its drilling work plan for the offshore Tilapia oil field’s TLP-103C well sidetrack, in the Republic of Congo where the company holds a controlling 56% stake…

Pirates Attack OSV in the Gulf of Mexico

Nov 13, 2019

Pirates attacked an Italy-flagged offshore supply vessel in the southern Gulf of Mexico, injuring two crew members, the Mexican Navy said on Tuesday, in the latest outbreak of robbery and piracy to hit oil platforms and infrastructure in the area…

Tullow Oil Shares Sink

Nov 13, 2019

Tullow Oil cut its outlook for production and cash flow because of persistent problems in Ghana, while revealing that the quality of oil recently discovered in Guyana was heavy in nature, sending its shares down more than 20%.Commenting for…

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