Oe Media News


Prysmian Wins SGRE Gig

Oct 22, 2019

Italian cable manufacture Prysmian Group has secured a contract with turbine manufacturer Siemens Gamesa Renewable Energy (SGRE).The scope covers low voltage cables and assemblies for nacelles and low voltage cables for towers, Prysmian said…

Eni CEO: No Future for Firms Working in Just O&G

Oct 18, 2019

There is no future for companies that work only in oil and gas in the medium- to long-term, the head of Italian major Eni said on Friday.'Diversification into renewable energy and the circular economy is crucial,' Claudio Descalzi told financial daily Il Sole 24 Ore in an interview…

Greater Castberg Survey Wraps Up

Oct 16, 2019

Marine geoscience companies CGG and TGS announced they have completed a 5,000 square kilometers multi-client 3D survey in the highly prospective Greater Castberg area in the Barents Sea offshore Norway.The survey commenced in the second quarter…

Iranian Tanker Hit by Missiles, Oil Rises

Oct 11, 2019

Oil prices jumped more than 2% on Friday, October 11, 2019, after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, raising the prospect of supply disruptions weeks after attacks on Saudi oil plants…

Germany Plans 20 GW of Offshore Wind by 2030

Oct 08, 2019

Germany's northern states and federal government want to nearly triple the country's installed offshore wind power capacity within ten years with a new expansion target of 20 gigawatts (GW) by 2030.In a  multi-state meeting in Hannover,  committing to “fix the goal legally in the coming months”…

Engie's Tractebel Unveils Hydrogen Platform

Oct 02, 2019

Tractebel Engineering GmbH and Tractebel Overdick GmbH are developing a concept for an offshore platform which makes it possible to produce hydrogen from offshore wind energy at an industrial scale using electrolysis.The companies, both part of French energy group Engie SA…

What Became of the Toisa OSV Fleet?

Sep 16, 2019

Last month we discussed the Toisa OCV fleet, and this week we shall focus on the offshore supply vessels (OSV). Within the Toisa fleet, OSVs made up circa 73% of the overall fleet size and generated more than $40 million during a two-year sell off…

Industry Showcases Positive Changes at OE 2019

Sep 06, 2019

Commitment to accelerating the energy transition is gathering pace, as operators and technology developers at SPE Offshore Europe 2019 said they will invest to secure a more sustainable energy mix.In another encouraging sign that the energy…

FLNG Project Count Hits 20

Aug 26, 2019

Finance — or at least project economics based on long-term commodity prices — appear to be factors limiting a surge in investments in floating liquefied natural gas (FLNG) a new study by U.S.-based numbers cruncher, World Energy Reports, revealed Monday…

Brent Oil Prices Rise Above $60

Aug 21, 2019

Brent crude oil futures rose above $60 a barrel on Wednesday after industry data showed a larger-than-expected drop in U.S. crude inventories, but lingering worries about a possible global recession capped gains.Brent crude had gained 26 cents…

North Sea Spot Market Remains Challenging

Aug 14, 2019

The North Sea spot market has improved during the second quarter of 2019, as a result of increased rig activity, said Viking Supply Ships.However, the Norway-based supply shipping company expects that the overall market conditions will likely remain somewhat challenging…

Saipem, SEKO Developing Subsea Metering Pump

Aug 09, 2019

Saipem said it is working with UK-based metering pumps manufacturer SEKO to create a new subsea metering pump capable of operating in extreme conditions.The Italian services company announced on social media that it has signed a collaboration…

Ocyan Waves Challenge: Investing in Innovation

Aug 07, 2019

The idea to connect Ocyan (formerly Odebrecht Oil and Gas) with startups was the main driver behind the oil company's Ocyan Waves Challenge project, as the company looks to advance its innovation efforts and nurture oil and gas technology development…

First Subsea Installations Begin at Duva

Jul 30, 2019

The first subsea installation and construction campaign for the Duva field development is now underway with the installation of the Integrated Template Structure (ITS), Neptune Energy said on social media on Tuesday.The ITS is the first large…

INPEX Acquires Interests in GoM

Jul 26, 2019

Japanese oil company INPEX announced it has acquired interests in a group of offshore blocks in the southern part of the US Gulf of Mexico.The firm said in a press release on Friday that its subsidiary INPEX US Offshore, LLC has reached an agreement…

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