Offshore Energy News


Inpex Submits Revised Indonesian LNG Plan

Jun 21, 2019

Japan's largest oil and gas exploration and production company Inpex Corporation has submitted a revised plan of development (POD) for the Abadi  LNG Project, a gas field on the remote Masela Block in the Arafura Sea off Indonesia.  The revised…

Modec Signs LOI for FPSO with Petrobras

Jun 21, 2019

MODEC Inc. received a letter of intent (LOI) from Petróleo Brasileiro for the supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel for the Búzios field.The firm time charter period of the contract is 21 years…

Renewables Sector Hails New York Climate Plan

Jun 20, 2019

Investors, developers and users of renewable energy at an industry conference in New York this week were buzzing about the state's ambitious plan to reduce greenhouse gas emissions to zero by 2050.'New York is leading a path forward with public…

NPD Grants Drilling Permit to Equinor

Jun 20, 2019

The Norwegian Petroleum Directorate (NPD) has announced that it has granted Equinor Energy AS a drilling permit for well 6507/2-5 S.Equinor Energy AS is the operator with an ownership interest of 40%.Well 6507/2-5 S will be drilled from the West Phoenix drilling facility…

BP Rig Arrives On Site Despite Protests

Jun 19, 2019

A BP drilling rig reached its destination in the North Sea on Wednesday after 11 days of delays due to Greenpeace protests over climate change, the activist group said.The 40,000-metric-ton Paul Loyd JNR left Cromarty Firth, north of Inverness…

Bourbon BoD to Analyze Restructuring Proposals

Jun 19, 2019

Following the submission of financial restructuring proposals subject to conditions precedent, the Board of Directors of BOURBON Corporation reviewed today the two proposals which are considered relevant to the interests of the group, its employees…

Prysmian Bags Dolwin5 Cabling

Jun 19, 2019

Italian multinational corporation Prysmian Group  has been awarded a major grid connection project worth in region of EUR 140 million by the Dutch-German grid operator TenneT which will enable the connection of multiple offshore wind farms to the German grid…

Singapore, Taiwan Firms Team-Up for OWP

Jun 19, 2019

Sinagpore-based Kim Heng Offshore & Marine Holdings  has signed a Memorandum of Understanding (MOU) with the Taiwan-based Hung Hua Construction (HHC) to collaborate on the offshore wind sector.Kim Heng said in a statement: 'Our wholly owned…

TechnipFMC Wins $1 Billion Subsea Contract

Jun 18, 2019

TechnipFMC said it has been awarded a number of subsea contracts by US-based Anadarko Petrleum for its Golfinho/Atum development offshore Mozambique.The UK-based firm said it was awarded a contract worth more than $1 billion for the engineering…

Mooring Monitor System for Coral Sul FLNG

Jun 18, 2019

Mooring solutions supplier SOFEC has selected an innovative mooring monitoring system (MMS) for a major new deepwater development offshore Mozambique.The new system, supplied under a teaming agreement between BMT and Sonardyne, will involve…

Further Delay in Barryroe Project Loan

Jun 18, 2019

Ireland's offshore Oil and gas company Providence Resources has again pushed back a deadline to receive $9mln of funding from Apec, its farm-in partner in the key Barryroe site off the south west coast.The loan from Barryroe's Chinese backer was due by June 14…

Siemens Gamesa Bags Formosa 2 Project

Jun 18, 2019

Spanish-based provider of the offshore and onshore wind turbines and services, Siemens Gamesa Renewable Energy (SGRE) has conditionally received an order for the supply of offshore wind turbines including a 20-year full Service agreement for…

NPD Grants Drilling Permit to Aker BP

Jun 18, 2019

The Norwegian Petroleum Directorate has granted Aker BP a drilling permit for well 25/2-20 as per the the Resource Management Regulations.Well 25/2-20 in the North Sea will be drilled from the Odfjell Drilling's Deepsea Stavanger drilling facility…

Japanese, Australian Firms Join for FLNG Project

Jun 17, 2019

Australia's Transborders Energy  announce it has entered into a Joint Study Agreement with Japanese utility  Kyushu Electric Power Co., Inc. and its affiliate Kyushu Electric Australia Pty Ltd (Kyushu).  The Joint Study Parties will work together…

Steelwind Bags Yunlin OWF Gig

Jun 17, 2019

German offshore foundations manufacturer Steelwind Nordenham has received an order from YunNeng/wpd for its 640MW Yunlin Offshore Wind Farm (OWF) in Taiwan.The order is for 40 monopiles, as well as 120 segments for Formosa Heavy Industries (FHI)…

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