Offshore Energy News


Northern Offshore Services, SEA O.G Form CTV JV for U.S. Offshore Wind Space

May 27, 2020

Northern Offshore Services (N-O-S) and SEA O.G have entered into an agreement to provide marine services and CTV operations to the offshore wind industry in the United States.The partnership will combine the forces of N-O-S, the crew transfer vessel operator in Europe…

Atlantic Wind Transfers' CTV for Dominion's U.S. Offshore Wind Farm

May 27, 2020

Quonset Point, Rhode Island-based Atlantic Wind Transfers has secured its second long-term O&M Crew Transfer Vessel contract in the U.S.Under the contract Atlantic Wind Transfers will provide offshore marine support services for the Siemens…

Petrofac Starts Rubie and Renee P&A Work

May 27, 2020

UK oilfield services firm Petrofac has kicked off the plugging and abandonment work on the Rubie and Renee fields in the North Sea using Awilco's WilPhoenix rig.Petrofac won the Rubie and Renee P&A contract with Hess in August 2019.Over the next three months…

GMS Fleet Utilization at 2015 High as More Middle East Work Secured

May 27, 2020

Gulf Marine Services PLC (GMS), a UAE-bases supplier of offshore jack-up service units, has won a seven-month contract for one of its E-Class (large) vessels, and an extension for a smaller unit.Under the 7-month contract which also includes extension options…

Fugro IOVTEC Wins Survey Work at Hai Long Wind Farm Sites

May 26, 2020

Fugro IOVTEC, a JV between Dutch Fugro and Taiwan's IOVTEC, has secured an offshore geotechnical site investigation project in Taiwan for the Hai Long 2 and Hai Long 3 offshore wind farms. The Hai Long offshore wind farms are being co-developed by Northland Power Inc…

Guyana Received $4.9M in Oil Royalties in 1Q

May 26, 2020

Guyana received $4.9 million in royalty payments for oil production at the offshore Stabroek block in the first quarter, the finance ministry said on Monday, a period that included the South American country's first crude exports.The crude produced…

NOIA: U.S. Offshore Drilling Ban Would Crush Jobs, Govt Revenues

May 26, 2020

A U.S. ban on new offshore drilling in the Gulf of Mexico, which presidential hopeful Joe Biden promised to enact if elected, would lead to hundreds of thousands of job losses and billions in lost government revenue over 20 years, an offshore drilling industry group said on Tuesday…

Poland's PGNiG Expects Over 100,000 Tons of Oil from Skogul in 2020

May 25, 2020

Polish oil company PGNiG said Monday it expects to produce about 115 tons of oil from the Skogul field offshore Norway in 2020.First oil from Skogul, located in the North Sea, offshore Norway was achieved in March, 2020. was achieved during the quarter…

Gas Output to Resume at Israel's Leviathan After Brief Halt

May 25, 2020

Production at Israel's offshore Leviathan natural gas field will resume in the coming hours after an emergency shutdown on Saturday, the project's operator Noble Energy said [on Saturday].The platform's flare system had been activated to burn off excess gas…

Trafigura Takes a Bet with North Sea Oil

May 22, 2020

Commodities trader Trafigura has seized the moment and taken a rare dominant position in the North Sea crude market over the past two weeks as oil demand jumped, trading sources said.A combination of OPEC-led global production cuts, cheap freight rates…

innogy Applauds Ireland's Offshore Wind Push

May 22, 2020

innogy Renewables Ireland, the joint developer of Dublin Array Offshore Wind Farm, has this week welcomed the announcement by Ireland's Minister of State, Damien English TD, of a clear road map for the development of offshore wind energy in Ireland…

Woodside to Boost Vincent Crude Quality to Ride VLSFO Demand

May 21, 2020

Woodside Petroleum will improve the quality of Vincent crude by increasing its flash point from July so that it can be blended into very low sulphur fuel oil (VLSFO) and capture higher premiums, two sources told Reuters.Among crude grades, heavy sweet oil…

Azerbaijan's Jan-April Oil Output Flat

May 21, 2020

Azerbaijan's oil and gas condensate output was flat in January-April at 12.4 million tonnes compared with 12.44 million tonnes in the same period last year, the Energy Ministry said on Thursday.Natural gas output rose to 13.4 billion cubic meters (bcm) in the first four months of 2020 from 11…

Price Drop Triggers Haggling Over Oil and Gas Deals

May 21, 2020

The collapse in oil prices to 21-year lows has led potential buyers of oil and gas fields to try and renegotiate deals already agreed at higher prices, with the first examples emerging of sellers having their hand forced.At a time when most oil companies are slashing budgets…

SMD Delivers Pre-Lay Plow to Boskalis

May 20, 2020

U.K.-based manufacturer Soil Machine Dynamics Ltd (SMD) said it handed over a purpose-built pre-lay plow to marine service providers Boskalis, for use at Ørsted’s offshore wind farm Hornsea Two.The multifunctional pre-lay plow will be used to…

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