Offshore Energy News


Gardline Surveying for i3

Mar 22, 2019

Independent oil and gas company i3 Energy said Boslkalis' marine survey subsidiary Gardline is performing a site survey for its 2019 and 2020 drilling program at the Liberator development and Serenity prospect, as well as the pipeline route for its Liberator Phase I development offshore the UK…

Topaz Gets BP Extension for 12 Offshore Ships

Mar 22, 2019

The offshore energy logistics company Topaz Energy and Marine announced that it has signed contract extensions for 12 of its vessels currently supporting the offshore operations of BP Exploration (Caspian Sea) in Azerbaijan.According to a press…

Standard Drilling Bags Contracts for Three PSVs

Mar 22, 2019

Cyprus-based oil and gas company Standard Drilling (SDSD) has been awarded new contracts for the three platform supply vessels (PSV) - Standard Princess, Standard Supplier and Standard Provider - with reputable customers.In a stock exchange announcement…

British Firm Bags Kriegers Flak Contract

Mar 21, 2019

UK-based JDR Cables, part of the TFKable Group, has signed a contract with Vattenfall for Denmark’s largest offshore wind farm, the 605MW Kriegers Flak.JDR will manufacture more than 170 kilometres of aluminium core inter-array cables and a range of termination accessories…

GoM Lease Bids Hit $244mln

Mar 21, 2019

Oil and gas Lease Sale 252 generated $244.3 million in high bids for 227 tracts covering 1,261,133.85 acres in federal waters of the Gulf of Mexico (GoM). According to Bureau of Ocean Energy Management data, that’s still way below the $405 million…

Global Energy Takes Over Apollo Offshore

Mar 21, 2019

Global Energy Group, the provider of contract services to the oil and gas industry, has bought a majority stake in Aberdeen-based Apollo Offshore Engineering, forming a new contractor firm.The new company will be named Global Engineering and Construction (E&C)…

Ekofisk Shut Down: North Sea Output to Drop

Mar 20, 2019

Oil production in the North Sea will drop by 330,000 barrels per day (bpd) month-on-month in June 2019 as Ekofisk closes for planned work, according to Rystad Energy’s latest forecast.“Production is expected to remain stable through April 2019…

4Subsea Acquires Astori

Mar 20, 2019

Engineering firm 4Subsea said it has acquired Astori, a Norwegian provider of subsea control systems for well intervention operations.Astori delivers subsea control systems for simplified XT installations that can operate all types of XTs from all main vendors…

TechnipFMC Wins Johan Sverdrup 2 Contract

Mar 20, 2019

TechnipFMC said on Wednesday it has secured a contract from Norwegian operator Equinor for the delivery and installation of the subsea production system the at Johan Sverdrup Phase 2 development offshore Norway.The award covers the delivery…

US Lease Sale a Test for Drilling Demand

Mar 20, 2019

The Trump administration will hold its fourth major auction for oil and gas leases in the U.S. Gulf of Mexico on Wednesday, in a fresh test of demand from drillers that have lately been shying away from the region.The outcome of the lease sale…

Norway Oil Exploration Refunds Are Not State Aid -ESA

Mar 20, 2019

Norway's regulations allowing oil and gas companies to claim refunds for exploration spending do not constitute state aid, the European Free Trade Association Surveillance Authority (ESA) said on Wednesday.'Having scrutinized it on the basis of a comprehensive complaint…

Granada Bags Engie Fabricom Deal

Mar 20, 2019

Belgian company Engie Fabricom has awarded davit crane contracts to Manchester-based Granada Material Handling Ltd for the offshore substations at the 950MW Moray East and 860MW Triton Knoll offshore wind farms.The crane and handling system supplier will design…

Oilfield Services Have to Wait till 2025 For Recovery

Mar 20, 2019

The global oil service suppliers might have to wait until 2025 before the market reaches its former glory seen before the oil price collapsed.For drilling companies, it will take even longer, says analyst firm Rystad Energy.'The global oilfield…

Pioneering Spirit Gets a Scrub Down

Mar 19, 2019

The world's largest vessel, Pioneering Spirit, received a robotic hull cleaning during a recent port call in Rotterdam.The Allseas owned multipurpose vessel, which is on a temporary break from Nord Stream 2 pipelaying activities, made a stop…

Vallourec Bags PTTEP Contract in Myanmar

Mar 19, 2019

Thailand’s national oil exploration & production company PTT Exploration & Production PLC (PTTEP) has awarded French contractor Vallourec a contract to deliver over 3,000 tons of oil country tubular goods (OCTG) for a challenging offshore project in Myanmar…

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