Oe Media News


Interview: Kongsberg's Geir Oscar Løseth Discusses the Hybrid OSV

Nov 25, 2020

On the back of a recent deal struck by Norway's Kongsberg Maritime to supply turnkey hybrid battery solutions for three of Island Offshore's platform supply vessels, Offshore Engineer has interviewed Geir Oscar Løseth, Kongsberg Maritime's General Manager Sales…

Rystad: E&P Spending in 2021 Could Reach $380B. Return to Pre-Crisis Levels Uncertain

Nov 24, 2020

Investments from the global oil and gas exploration and production companies (E&P) in 2021 are forecasted to reach around $380 billion, almost flat year-on-year, a report by Rystad Energy shows.Approximately 20% or $76 billion of the estimated…

Bassoe Analytics, Greenpact Data Merge into Esgian

Nov 24, 2020

Bassoe Analytics, a Norwegian offshore drilling rig data company, said Tuesday it has merged with Greenpact Data. The merged company, called Esgian, has been described as a provider of Environmental, Social, and Corporate Governance (ESG) impact analytics for the energy transition…

Norwegian Seismic Company Dives into Deepsea Mining Business

Nov 24, 2020

Seabird Exploration, a Norway-based provider of seismic survey services for the offshore oil and gas industry, is diversifying and venturing into deep-sea mining.The company on Monday announced a plan for funding and listing of its 100% owned subsidiary Green Minerals AS (GM)…

Atlantic Endeavor Crew Transfer Vessel Almost Ready for Launch

Nov 16, 2020

U.S. offshore wind crew transfer firm Atlantic Wind Transfers said Sunday that the Atlantic Endeavor crew transfer vessel rolled out on the lift dock at Blount Boats over the weekend to get ready for the launch.This new Chartwell Marine crew…

Malaysia: Petronas to Pay $303M in Sales Tax to Sabah State

Nov 09, 2020

Malaysian state-owned energy giant Petronas is expected to pay the resource-rich state of Sabah 1.25 billion ringgit ($303 million) in sales tax next year, state media said.Sabah Deputy Chief Minister Jeffrey Kitingan said Prime Minister Muhyiddin…

Israel, Lebanon Hold Second Round of Sea Border Talks

Oct 28, 2020

Israel and Lebanon on Wednesday held a second round of U.S.-mediated talks over their disputed sea border that has held up hydrocarbon exploration in the potentially gas-rich area, though sources said gaps between the sides remain large.Delegations from the long-time foes reconvened at a U…

Join the Webinar Now: 5 Easy Ways to Ruin Your Offshore Equipment: Lessons Learned in Hydraulic Maintenance

Oct 28, 2020

It’s easy to skip critical maintenance tasks, especially when operational budgets are being reduced. Are you prepared for the risks to vital equipment? Right now, taking steps to assess and prep your equipment so you reduce downtime later can help pay dividends when offshore activity ramps up…

Aker Solutions EBITDA Boosted by One-Off Gain from CCS and Offshore Wind Spinoffs

Oct 28, 2020

Norwegian offshore engineering and equipment provider Aker Solutions reported a drop in revenue in the third quarter of 2020, but its net profit rose. Aker Solutions' result received a one-off boost from the listing of carbon capture and offshore wind spinoffs…

HeliService Wins Two North Sea Gigs

Oct 27, 2020

German offshore helicopter transportation company HeliService has won offshore wind-related contracts with TenneT and Deutsche Windtechnik.In a social media post on Tuesday, HeliService said that it would as of November 2020 exclusively conduct all hoist flights for Tennet in the Dutch North Sea…

Turkey May Work with Foreign Companies to Bring Online Giant Black Sea Gas Find

Oct 23, 2020

Turkey may cooperate with foreign firms to bring online its giant gas find in the Black Sea, made in August this year.As reported by Reuters, the country's energy minister Fatih Donmez said on Thursday that Turkey would operate the gas field…

CNOOC: Production Starts from Bozhong 19-6 Offshore Field

Oct 22, 2020

China's CNOOC has started production from its Bozhong 19-6 condensate gas field pilot area development project in the Bohai Bay, offshore China.That Bozhong 19-6 condensate gas field pilot area development is located in the central Bohai with an average water depth of approximately 23 meters…

New Lidar Tech Approved for Use by SGRE for Wind Turbine Testing

Oct 21, 2020

Siemens Gamesa recently tested a new technology together with ZX Lidars, and based on the results both on the medium range and long range measurements, Siemens Gamesa Renewable Energy (SGRE) approves the use of the nacelle-based Continuous Wave…

China, Philippines Eyeing Joint Offshore Oil Projects

Oct 16, 2020

The Philippines energy secretary said on Friday the government's decision to lift a six-year-old moratorium on oil and gas exploration in the South China Sea was a unilateral move, as China said it hoped the nations could work together on projects…

BHP to Buy Hess' Shenzi Field Stake for $505 Million

Oct 06, 2020

U.S. oil company Hess has agreed to sell its 28 percent interest in the Shenzi field in the deepwater U.S. Gulf of Mexico to BHP for $505 million, and use the cash for Guyana operations.Shenzi, a six-lease development in the U.S. Gulf. is currently operated by BHP with a 44 percent stake…

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