Offshore Energy News


Ørsted Orders CTV Pair in the US

May 09, 2019

Orsted U.S. Offshore Wind has entered into an agreement with the offshore wind support services provider WindServe Marine LLC to construct a two purpose-built offshore crew transfer vessels (CTVs).The first CTV will be built by US Workboats in Hubert…

NPD Bullish on Barents Sea

May 09, 2019

Norwegian Petroleum Directorate (NPD) said that its estimates indicate that more than half of the oil and gas that has not yet been discovered is located in the Barents Sea.The rest is distributed between the Norwegian Sea and the North Sea…

From KPMG: Visions of Cheese

May 08, 2019

Whilst we are seeing a clear uptick in activity and the UK oil and gas industry is certainly on the way up again, the industry must continue to move forward. However, under current market conditions, how can companies capitalize on change whilst remaining stable and sustainable and…

Ørsted Taps Green Bonds for Hornsea 2

May 08, 2019

Denmark's largest energy company Ørsted A/S plans to issue green senior bonds in the UK-market to finance its green growth ambition towards 2025 including the investments in 1,386MW Hornsea Two offshore wind farm.With the bond issuance, Ørsted…

Keppel-Aibel Team Wins German Offshore Gig

May 08, 2019

Norwegian energy services provider Aibel AS and a unit of Singaporean conglomerate Keppel Corporation have jointly won a contract to deliver two converter stations as part of the DolWin cluster servicing German offshore wind farms.The grid operator TenneT Offshore has tasked Aibel and Keppel O&M…

Axxis Hires Havila Vessel

May 08, 2019

The offshore service vessels operator Havila Shipping said that it has entered into charter contract with Axxis Geo Solution AS, an ocean bottom node seismic company, for the platform supply vessel (PSV) Havila Aurora.The Norwegean operator of a number of vessels…

Sabah Shell Appoints BMT for Offshore Malaysia

May 08, 2019

The Malaysian subsidiary of Royal Dutch Shell Sabah Shell Petroleum Company said that it has signed an offshore Master Service Agreement (MSA) with BMT.The three-year agreement will see BMT provide maintenance oil and gas services for the Gumusut-Kakap and Malikai deepwater platforms in Malaysia…

800bln Undiscovered Barrels of Oil and Gas Exist Globally

May 08, 2019

Total greenfield project sanctioning, summed up to the present day, only accounts for 40% of estimated volumes of offshore projects ever being sanctioned, said Rystad Energy, the  energy research and consultancy headquartered in Norway.'Likewise…

QP Issues Tender for LNG Facilities

May 08, 2019

Qatar Petroleum (QP) invites tender for Engineering, Procurement and Construction (EPC) to expand its common lean liquefied natural gas (LNG) storage, and the loading and export facilities for its North Field Expansion (NFE) Project aimed to…

BSEE Revises Well Control Rule

May 07, 2019

The U.S. Department of the Interior’s (DOI) Bureau of Safety and Environmental Enforcement (BSEE) released what it said were “the final improved Blowout Preventer Systems and Well Control regulations”The Well Control Rule is a part of an ongoing…

GAC Opens Offices in Harwich & Ramsgate

May 06, 2019

Gulf Agency Company (GAC),  a global provider of shipping, logistics, and marine services, has opened two new branches, in Harwich and Ramsgate, to meet the increased demand in oil, gas and renewables work in the South of England.Both locations are actively servicing projects within their areas…

Azinor Commits to Drilling Program

May 06, 2019

Azinor Catalyst  announced that it has been awarded six traditional licences, two as an operator and four as a non-operated partner, on the UK Continental Shelf.The Seacrest Group-backed E&P company focused on the North Sea and Northern Atlantic…

Occidental Agrees to Sell Anadarko Assets to Total

May 06, 2019

Texas-headquartered Occidental Petroleum has reached an agreement to sell Anadarko Petroleum's oil and gas assets in Africa to French oil major Total for $8.8 billion.The binding agreement with Occidental to acquire Anadarko’s assets in Africa (Algeria…

Island Drilling Wins Contract with Faroe

May 03, 2019

Norwegian offshore driller Island Drilling Company has been awarded a contract with Faroe Petroleum Norge to drill one well in the Norwegian Sea, using the Island Innovator drilling rig.The well is located on PL888 Canela license, Block 6507/7…

UK Govt Backs Aberdeen Subsea Engineering Hub

May 03, 2019

The UK government said it will back industry plans for a multimillion pound underwater engineering hub in Aberdeen.The planned Global Underwater Engineering Hub will bring together underwater technologies from both industry and academia from…

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