Latest News - page 1583


SGRE Hires SMC at Formosa 1 Offshore

Aug 30, 2019

UK-based Specialist Marine Consultants (SMC) has been awarded a contract to provide Marine Coordination services to Siemens Gamesa Renewable Energy (SGRE) at the Formosa 1 offshore wind farm, Taiwan’s first commercial offshore windfarm.The Formosa…

Deutsche Bucht Nears Completion

Aug 30, 2019

Northland Power has completed installation of 31 MHI Vestas turbines on the monopile foundations for the 269MW Deutsche Bucht offshore wind farm in the German North Sea.MHI Vestas Offshore Wind said that the 31 wind turbines were installed on…

MarineSpace Wins Ørsted Award

Aug 30, 2019

UK-based marine environmental and planning consultancy MarineSpace Limited has been awarded a place on the UK environmental impact assessment (EIA) framework agreement for Ørsted Wind Power A/S.The award means MarineSpace will be eligible to…

Rovco Nets $12.8 Mln in 12 Months

Aug 29, 2019

Subsea technology company Rovco announced that it has generated £10.5 million ($12.8 million) of sales and awards through technology provision, research grants, data collection, and surveying projects over the last 12 months.The Bristol-headquartered company…

2P Reserves at Dussafu PSC Increased 89%

Aug 29, 2019

Panoro Energye announced an 89% increase in 2P oil reserves at the Dussafu Production Sharing Contract (Dussafu PSC), offshore Gabon.A mid-year update report from independent reserves auditor Netherland, Sewell & Associates Inc. (NSAI) on certain…

Oceaneering to Relocate in Aberdeen

Aug 29, 2019

Oceaneering announced it will combine seven Aberdeen properties into one office location and a new, purpose-built workshop, in a move to streamline operations and drive cost efficiencies.The 50,000-square-foot office in Aberdeen International…

Neptune Energy Cash Flow Rises 5%

Aug 29, 2019

Private-equity backed Neptune Energy reported an operating cash flow of $613 million for the first half of the year, up around 5% from a year earlier, as the potential stock market debutante eyes 2019 output of up to 155,000 barrel of oil equivalent…

Borr Drilling Eyes Strong Earnings Growth

Aug 29, 2019

Oslo and New York-listed Borr Drilling, partly owned by Schlumberger, said on Thursday it expected strong core earnings growth in coming months with demand for its rigs set to rise.The offshore drilling rig contractor reported a negative adjusted earnings before interest…

ADNOC Embraces Digital to Reduce Offshore Personnel

Aug 29, 2019

The future of the oil field is digital.Qasem Al Kayoumi, ADNOC’s SVP, technical center, said all the company’s new field developments will rely on digital technology. Speaking at the Life 2019 Landmark Innovation Forum & Expo in Houston, he…

CNOOC Earnings on the Rise

Aug 29, 2019

China's national offshore producer CNOOC Ltd reported a near 19% rise in first-half profit on Thursday, as higher sales of oil and gas offset weaker global oil prices.The listed arm of state-owned China National Offshore Oil Corp said that it…

Boskalis Subsea Services Eyes SURF Opportunities

Aug 29, 2019

On the back of recent contract awards, totaling in excess of £100 million ($122 million), Boskalis Subsea Services said it is inviting the supply chain to come forward with fresh, innovative ideas and new technology.The Aberdeen-headquartered subsea construction company…

Sembcorp Marine Wins Cambo FEED Contract

Aug 29, 2019

Operator Siccar Point Energy said it has awarded an exclusive front-end engineering and design (FEED) contract to Sembcorp Marine for the design of a Sevan cylindrical floating production, storage and offloading unit (FPSO) for its Cambo field development on the UK Continental Shelf…

OKEA Sharing PSV with Neptune

Aug 29, 2019

OKEA announced it has won a tender from fellow oil producer Neptune Energy for supply to drilling operations on the Fenja field (formerly Pil & Bue) at Haltenbanken, offshore Norway.The 89-meter platform supply vessel (PSV) Siem Pride will supply…

Carbon Trust Launches ORJIP Offshore Wind

Aug 29, 2019

The Carbon Trust has announced the launch of Stage 2 of the Offshore Renewable Joint Industry Project (ORJIP) for Offshore Wind.The program aims to reduce consenting risk, project maturation time, cost and the environmental impact of existing and future offshore wind farms…

Weatherford Signs Liner-Hanger Frame Deal with Equinor

Aug 29, 2019

The multinational oil and natural gas service company Weatherford International announced it has signed an $80 million liner-hanger frame agreement with Norwegian oil and gas company Equinor.The four-year deal represents the largest liner-hanger frame agreement ever signed by Weatherford…

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