Offshore Energy News


Argentina Grants Offshore Exploration Permits

May 17, 2019

Argentina awarded permits to begin hydrocarbon exploration in 18 areas off the coast of the country in the Malvinas West basin to companies including Exxon Mobil Corp, Total SA, YPF SA and Royal Dutch Shell Plc, the government said on Friday…

New Offshore Wind Foundation Tested

May 17, 2019

A “potentially revolutionary” new offshore wind foundation is being put to the test, says hydraulic engineering and offshore renewable energy specialist HR Wallingford.The company is working with partners Offshore Design Engineering (ODE), DNV-GL…

DNO Completes $400mln Bond Placement

May 17, 2019

The Norwegian oil and gas operator focused on the Middle East and the North Sea, DNO ASA said it has completed the private placement of USD 400 million of new, five-year senior unsecured bonds with a coupon rate of 8.375 percent.The bond placement…

Fibron Gets a New Start

May 16, 2019

UK-based custom subsea umbilical and cable solutions provider Fibron revealed its new branding to the offshore market during the Offshore Technology Conference (OTC) in Houston last week.Managing Director, Bruno Cianfini, reiterated the company…

EMGS Kicks Off Barents Sea Survey

May 16, 2019

Electromagnetic Geoservices ASA (EMGS) announced Thursday it has entered into an agreement for a fully prefunded multiclient 3D controlled source electromagnetic (CSEM) survey in the Norwegian Barents Sea.The contract has a value of $1.25 million…

i-Tech 7 Hires New Business Development Manager

May 16, 2019

i-Tech 7, Subsea 7’s life of field business unit, has appointed Craig Roberts as its new regional business development manager for its Asia Pacific & Middle East region.Roberts, who joins from Total Marine Technology (TMT) where he was operations manager…

NPD Grants Drilling Permit to OMV (Norge)

May 16, 2019

OMV Norge, a subsidiary of the Austrian oil company OMV, has received drilling permit for well 6506/11-11 S from Norwegian Petroleum Directorate (NPD).NPD said in a press release that the well 6506/11-11 S will be drilled from the Deepsea Bergen drilling facility…

Heerema Wins Hollandse Kust Zuid Alpha Project

May 15, 2019

Heerema Marine Contractors said it has been awarded the Petrofac contract for TenneT's Hollandse Kust Zuid (HKZ) Alpha project, one of the largest offshore wind farm zones being developed in the North Sea off the Dutch coast.The award entails…

Johan Sverdrup Phase 2 Plan Approved

May 15, 2019

Norwegian authorities have formally approved the plan for development and operation (PDO) of the second phase of the Johan Sverdrup field, Equinor announced on Wednesday. The Norwegian energy company said the NOK 41 billion ($4.7 billion) project…

NHV Joins HeliOffshore

May 15, 2019

Belgium-based offshore helicopter operator NHV Group has joined HeliOffshore, a global organization safety-focused association for the offshore helicopter industry.Through collaboration with members, HeliOffshore is delivering an industry-wide safety program that is enhancing safety worldwide…

Lundin Gets Drilling Permit for North Sea

May 15, 2019

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/1-31 A.The well will be drilled from the Leiv Eiriksson drilling facility, owned and operated by Ocean Rig.The drilling programme for well 16/1-31…

Rovuma LNG Gets Government Green Light

May 14, 2019

The government of Mozambique has approved development plans for the ExxonMobil-led Rovuma LNG project, which will produce, liquefy and market natural gas from three reservoirs located in the Area 4 block offshore Mozambique, two of which straddle the boundary with neighboring Area 1…

CGG Kicks off OBN Survey in US Gulf

May 14, 2019

CGG announced Tuesday it has commenced its first multi-client ocean bottom node (OBN) survey.Located in the north-central region of the Gulf of Mexico, this dense OBN survey will provide well-sampled, full azimuthal coverage with long offsets…

OPT Wave Power System Reaches Milestone

May 14, 2019

US-owned renewable energy company Ocean Power Technologies (OPT) announced that the Company's PB3 PowerBuoy deployed in the Adriatic Sea has produced more than one MegaWatt-hour (MWh) cumulative energy to date.  The cost-effective ocean energy…

Golden Energy Offshore Services Adds OSV

May 14, 2019

Oslo-listed offshore vessel owner Golden Energy Offshore Services (GEOS) announced that a successful delivery of the offshore support vessel (OSV) Energy Empress now has been completed.GEOS referred to the notice made 30 April 2019 announcing…

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