Offshore Energy News


EU Targets 450 GW Offshore Wind by 2050

Nov 27, 2019

The EU Commission’s big goals for offshore wind – between 230 and 450 GW by 2050 – are achievable provided the right investments in electricity grids and Governments take the right approach to maritime spatial planning, said a report.According…

Peterson, Itaoca Join Brazil Offshore Project

Nov 27, 2019

Itaoca Terminal Marítimo SA (Itaoca Offshore) and logistics provider Peterson Offshore Group have formed a partnership and consulting agreement for development of the Itaoca Offshore project.The Itaoca Offshore project will be a private terminal (TUP)…

Wintershall Gains Norwegian Sea Drilling Permit

Nov 27, 2019

The Norwegian Petroleum Directorate (NPD) has granted Wintershall Dea Norge, a Norwegian unit of the German oil company Wintershall Dea, a drilling permit for well 6604/6-1, located in the Norwegian Sea.Wintershall Dea Norge has made a minor oil discovery in the the Scarabeo 8 drilling facility…

ROVOP to Hold Open Day for Graduates

Nov 26, 2019

Subsea robotics company ROVOP is set to host its annual graduate open day at its Aberdeen headquarters, inviting final year university students to learn about its two-year program, taking place on Wednesday December 4.Attendees will have the…

GoM Oil Output Set for Record Year

Nov 24, 2019

The U.S. Gulf of Mexico is positioned for another year of record oil production in 2020, despite massive cuts in investment.According to Rystad Energy, most of this growth coming from deep water projects.“2020 is expected to be another record year with average production above 1…

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…

DOF Subsea Bags APAC Contracts

Nov 21, 2019

Norway-based international subsea operating company DOF Subsea announced several contract-awards in the Asia Pacific region, securing 130 days vessel and resource utilization into the first quarter of 2020.  The contracts, for undisclosed clients in New Zealand and South East Asia…

OOS Takes Over ODN Delba III

Nov 18, 2019

OOS Energy, an offshore service provider from the Netherlands and part of the OOS Group, said that its onshore and offshore management teams  took over the Ships Management of the Semi-Submersible Drillship ODN DELBA III.Upon completion of the handover…

Kim Heng Enters Taiwan’s OWP

Nov 17, 2019

Kim Heng Shipbuilding & Engineering (KHSE), wholly owned subsidiary of Kim Heng Offshore & Marine (KHOM), has entered into a Memorandum of Understanding (MoU) for offshore wind farm projects (OWP) in Taiwan.KHSE did not disclose the name of the other signatory…

Prysmian Wraps Up DolWin3 Gig

Nov 13, 2019

Prysmian Group, the major player in energy and telecom cable systems industry,  has has announced that it commissioned the 900MW DolWin3 high voltage direct current (HVDC) offshore grid link in the German North Sea.Prysmian had secured this project in February 2013…

Profab Gets Apsara Gig from KrisEnergy

Nov 13, 2019

Southeast Asia-focused oil and gas company KrisEnergy Apsara Co signed a conditional letter of award with PT Profab for the supply of a minimum facilities wellhead “mini-platform” for the Apsara oilfield – Cambodia’s maiden oil development.According…

Shelf Drilling Wins $151Mln Contracts

Nov 13, 2019

Dubai-headquartered offshore drilling contractor Shelf Drilling has added $151 million in contract awards, increasing the number of contracted rigs from 29 to 31 during the month of October.The world’s largest contractor of jack-up rigs said…

i-Tech 7 Performs UWILD for Borr Drilling

Nov 13, 2019

Subsea 7’s life of field business unit i-Tech 7 reports it has completed an underwater inspection in lieu of dry-docking (UWILD) project for Borr Drilling in the North Sea.Borr Drilling required a hull inspection for its Paragon MSS-1 mid-water semi-submersible…

Ørsted Inaugurates Historic Taiwanese OWF

Nov 12, 2019

Global offshore wind solutions provider Orsted inaugurated the Formosa 1 offshore wind farm in Taiwan, the first offshore wind farm built by Ørsted in Asia-Pacific.In the past three years, Ørsted has worked closely with joint venture partners…

Global Offshore Wind Market Grows 30%

Nov 11, 2019

The global offshore wind market grew nearly 30% per year between 2010 and 2018, benefiting from rapid technology improvements and about 150 new offshore wind projects are in active development around the world.Europe in particular has fostered the technology’s development…

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