Offshore Energy News


Tower Delays Drilling in Cameroon

May 13, 2019

UK-based Tower Resources said drilling of a new well at the Thali block in Cameroon had been delayed until July.In a stock exchange announcement, the company said that it had received additional data that indicated that further site preparation work would be required before a rig was moved to site…

SBM Wins ExxonMobil Guyana FPSO Order

May 13, 2019

Dutch-based floating production, storage and offloading unit (FPSO) provider SBM Offshore has won a contract to deliver an FPSO for ExxonMobil’s second phase of the Liza development offshore Guyana.Esso Exploration and Production Guyana Limited (EEPGL)…

Keppel Bags SGD150mln Offshore Wind Gig

May 13, 2019

Keppel Offshore & Marine Ltd's (Keppel O&M) wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS), has snagged a contract to build two offshore wind farm substations worth more than S$150 million for Danish renewable energy company Orsted.The contract comprises detailed engineering…

Korean Prime Minister Lee Visits OTC

May 10, 2019

Korean Prime Minister Nak-yon Lee attended the 2019 Offshore Technology Conference (OTC) at NRG Park on Wednesday, 8 May, emphasizing the global reach of the offshore energy industry.“It was an honor to welcome Prime Minister Lee and have him experience everything that OTC has to offer…

SeaBird Tallies US GoM Contract

May 10, 2019

SeaBird Exploration announced Friday it has secured a new contract for source work in the US Gulf of Mexico with an unnamed repeat customer. The Osprey Explorer, which recently completed an Ocean-bottom node (OBN) survey for another customer…

Brazil Sets Parameters for Mega Oil Auction

May 10, 2019

Brazil's national energy council on Thursday published updated parameters for a massive oil auction scheduled for later this year, including minimum levels of profit-sharing with the government, while also urging a shakeup in the refinery sector…

EDS HV Wins North Hoyle O&M Deal

May 10, 2019

European energy company Innogy has awarded the high voltage engineering specialist  EDS HV Group a contract on behalf of project owners Greencoat Wind UK for operations and maintenance management at North Hoyle offshore wind farm in Liverpool Bay off the UK's north west coast…

NPD Grants Drilling Permit to Equinor

May 10, 2019

The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS, the Norwegian multinational energy company, a drilling permit for wells 16/1-30 S and 16/1-30.The drilling programme for 16/1-30 S and 16/1-30 A relates to drilling of appraisal wells in production licence 167…

DOF Subsea Bags North Sea Contracts

May 10, 2019

Norwegian subsea shipping company DOF Subsea has recently secured several new contracts for project scopes to be carried out over the next few months in the North Sea. The Oslo-listed international subsea operating company said in a press note that the contracts…

Vattenfall Starts Hollandse Kust Zuid

May 09, 2019

Development of the first unsubsidized offshore wind farm is well underway off the Dutch coast after bouts of bad weather delayed the project earlier this year, said Swedish power company Vattenfall.The European energy company is building the…

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…

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