Oe Media News


Norwegian OSV Player Enters Tanker Game

Jan 21, 2020

Standard Drilling, an offshore driller turned offshore support vessel owner, has now decided to make another shift in its game.The company, which in 2013 sold off its offshore drilling rigs, only to return as offshore vessel owner in 2016, on…

NYK, NOS Pact for CTV for Japanese Offshore

Jan 16, 2020

Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) and Swedish contractor to offshore wind industry Northern Offshore Service AB (NOS) have agreed to a memorandum of understanding (MoU) for a crew transfer vessel (CTV) business related to offshore wind power generation…

Oil Firms' Social License to Operate 'Under Threat'

Jan 16, 2020

The oil and gas industry might lose the social license to operate, and if it doesn't act quickly on helping solve the climate change problem, there may be no second chance.Tim Eggar, the Chairman of the UK Oil and Gas Authority (OGA) addressed…

Lebanon Delays Offshore Round Bidding Deadline

Jan 14, 2020

Lebanon has postponed a deadline for the submission of applications as part of its second licensing round for oil and gas acreage, Lebanon's energy minister Nada Boustani tweeted Monday.According to Reuters, which translated the tweet in Arabic…

Carapa Wildcat Disappoints in Guyana

Jan 02, 2020

Shares of Tullow Oil dropped by nearly a fifth on Thursday as the oil producer's update on the commercial viability of its new well offshore Guyana disappointed investors.Tullow said the Carapa well in the Kanuku offshore block contains oil…

Iran Begins Gas Extraction from South Pars

Dec 31, 2019

Iran begins extraction of natural gas from an offshore rig at South Pars, the largest gas field in the world which is shared between Iran and Qatar, said the country's official media.The extraction of gas will add some 14.2 million cubic meters…

OE’s Top of the Festive Video Pops

Dec 20, 2019

It's that time of the year again, when Christmas trees become, well, actual Christmas trees!Just for you, in our annual ‘top of the corporate festive video pops’ we've pulled together a selection of some of this year's best.A strong strain through many…

Majors Face New Shareholder Climate Resolutions

Dec 16, 2019

An activist group is increasing the pressure on five big U.S. and European oil companies with shareholder resolutions urging them to meet the Paris climate goals and cut carbon emissions.Dutch group Follow This is targeting U.S. giants ExxonMobil…

Energy Transition and Sustainability Talks at 2020 WPC

Dec 11, 2019

The 23rd World Petroleum Congress will set the scene for a discussion about the energy transition, climate change and innovative technologies.Set for December 6-10, 2020, in Houston, considered the energy capitol of the world, the WPC typically draws 10…

Standard Drilling Sells PSV

Dec 10, 2019

Cyprus-based company active in the oil and gas industry S.D Standard Drilling signed Memorandum of Agreement (MoA) to sell one  large Norwegian built Platform Supply Vessel (PSV), Standard Supporter for USD 15 million.The transaction was completed yesterday (10 December 2019)…

Exxon to Export First Oil from Guyana in Early 2020

Dec 10, 2019

U.S. producers Exxon Mobil Corp and Hess Corp plan to export the first-ever shipments of crude oil from Guyana between January and February, a milestone for Latin America's newest oil producer, sources with knowledge of the plans said.A consortium…

Tendeka Launches One-trip Remedial System

Dec 04, 2019

Completions service company Tendeka said it has launched a new single trip sand control solution to address the issue of sand control failure in wells.The Filtrex remedial sand control system provides the flexibility to be installed thru-tubing…

Spike in Floater Orders, as Demands Ease

Nov 28, 2019

For a range of reasons not all related to costs, offshore operators have stated their preference for floating production with a recent slew of orders, a report by dedicated floating production watchers said this week.The world’s floating production…

Saitec Installs Prototype BlueSATH

Nov 28, 2019

Spanish engineering company Saitec it will deploy its first medium-scale offshore wind prototype, called BlueSATH, near Santander, Spain, in the first quarter of 2020.The project is scheduled to go online during the first quarter of 2020 in the open sea waters…

ABB Showcases World-first Subsea Power System

Nov 22, 2019

Revolutionary technology proven to operate successfully in 3,000-hour shallow-water testSwiss-Swedish multinational electrical engineering and global power systems technology specialist ABB has announced the commercial availability of its groundbreaking…

Current News

NOAA Raises Predicted Number of Tropical Storms to Record High

TGS Makes Surprise $600 Mln Offer for Part of Rival PGS

Exxon Hires Noble Corp. Drillship on 6-month Term in Guyana

Indonesia's Price Cap Obstructing Gas Projects

Subscribe for OE Digital E‑News