Offshore Energy News


Spider-like Robot to Change Offshore Wind Blade IMR Game

Apr 28, 2020

A spider-like robot designed for inspection, maintenance, and repair of offshore wind turbine blades has successfully passed its turbine walking test.During the trials, which took place in early March at the Offshore Renewable Energy (ORE) Catapult’s National Renewable Energy Centre in Blyth…

Parkwind, Bladt Sign Substation Deal for German Offshore Wind Farm

Apr 27, 2020

Belgium-based offshore wind farm developer Parkwind and Danish offshore construction company Bladt have signed a deal to build a substation for the Arcadis Ost 1 offshore wind project in the German Baltic SeaThe platform will be jointly developed and will be jointly operated with 50Hertz…

Diamond Offshore Files for Bankruptcy

Apr 27, 2020

Diamond Offshore Drilling Inc filed for bankruptcy protection in Texas on Sunday, after the company recently skipped making an interest payment and said it had retained restructuring advisers.The Houston-based contract drilling company's filing…

NOIA Elects Cobb, McCarroll to Board Leadership Roles

Apr 24, 2020

The National Ocean Industries Association (NOIA) Board of Directors has elected Galen Cobb, Vice President of Industry Relations of Halliburton, as Chairman and Matt McCarroll, President & CEO of Fieldwood Energy, as Vice Chairman for the 2020-21 term…

Angola Says Producer Cuts Insufficient, More Action Needed

Apr 24, 2020

Angola sees an oil production curb by OPEC, its allies and other top producers as insufficient to balance global markets, state news agency ANGOP quoted resources and petroleum minister Diamantino Azevedo as saying on Friday.'It is up to everyone to understand that…

BOEM Studies Renewables' Potential in US Gulf

Apr 24, 2020

The Bureau of Ocean Energy Management (BOEM), Gulf of Mexico OCS office published two new studies examining the potential for and impacts of renewable energy projects in the U.S. Gulf of Mexico.“Offshore Renewable Energy Technologies in the…

Multiple Contracts for Reach Subsea, MMT

Apr 24, 2020

Reach Subsea and MMT have together been awarded several contracts and call-offs under frame agreements for 2020 execution, representing about 450 project days, Reach said Friday.According to the Oslo-listed company, the projects involve inspection…

Challenges of Underwater Structure Monitoring for Offshore Operations

Apr 23, 2020

As the global energy industry enters a period of increased offshore deepwater exploration driven by economic viability, the demand for international underwater monitoring services looks set to strengthen into the new decade. According to a report from TechSci Research1…

Are O&G Digital Twins Useful? DNV GL Moves to Find Out

Apr 23, 2020

Offshore classification and technology advisory group DNV GL has set out to test and see if Digital Twin technology and data can be trusted and if they deliver value.The Norway-based firm has thus launched an international call to oil and gas…

Stinger Subsea Drones to Inspect Equinor's Offshore Platforms

Apr 23, 2020

Norwegian underwater drone specialist Stinger has been awarded a subsea inspection contract by the country's oil giant Equinor.Under the contract, Stinger will provide inspection activities on several offshore oil and gas platforms operated by Equinor…

Innogy Sells Offshore Wind Installation Vessel

Apr 22, 2020

Germany-based energy firm innogy has sold its offshore installation vessel ‘Seabreeze II’ to Hong Kong-based firm SPIC Ronghe International Financial Leasing Co. Ltd. Richard Sandford, Director of Offshore Investment & Asset Management at innogy…

30+ Companies Compete for Guyana Crude Trading Deal

Apr 22, 2020

More than 30 companies, including commodities traders like Gunvor and Vitol as well as units of oil majors like Exxon Mobil and Royal Dutch Shell, submitted expressions of interest for a contract to market the Guyanese government's share of the country's crude…

Equinor Exploration Manager Steps Down to Take New Role

Apr 22, 2020

Norwegian oil and gas company Equinor has informed that its executive vice president Exploration Tim Dodson will step down as executive vice president Exploration, a role he held since 2011.In what Equinor said was a planned change to the leadership of Exploration…

U.S. Oil Firms' Quarterly Reports to Show Depths of Slump

Apr 22, 2020

Investors are in for more bad news on the energy front in the coming weeks as a host of the sector's biggest companies report quarterly results following the historic collapse in oil prices.Forecasts for U.S. energy sector earnings this year have dropped along with oil prices…

LOC Offering 3D Digital Inspections

Apr 21, 2020

LOC announced, as part of its digital services, the launch of a new technology offering enabling remote advanced surveying by use of aerial drones and remotely operated underwater vehicles (ROV), which will be applied to a range of assets both onshore and offshore…

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