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…
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, 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…
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)…
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…
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 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…
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…
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…
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 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…
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…
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…
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…
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…