Offshore Energy News


Petronas FLNG Relocates to Sabah

Mar 13, 2019

Malaysian state-owned oil firm Petroliam Nasional Bhd (Petronas) said on Wednesday it had relocated its floating liquefied natural gas facility to the eastern state of Sabah, nearly two years after it began operations.The Petronas FLNG (PFLNG) Satu is now moored in the Kebabangan cluster field…

Eni Makes Major Oil Find Offshore Angola

Mar 13, 2019

Italian oil major Eni said on Wednesday it has made a major discovery in Block 15/06, in the Agogo exploration prospect, in the deep waters offshore Angola.The find is Angola's largest offshore discovery in years. Eni said the discovery is estimated…

Partners Group invests in Greenlink

Mar 13, 2019

Private markets investor Partners Group has provided equity financing for the 500-MW Greenlink interconnector,  the subsea connection between Wales and Ireland in exchange for a stake in the scheme.To-date, Greenlink has been developed by Element Power…

SeaBird Scores Contract Extension

Mar 12, 2019

SeaBird Exploration announced Tuesday that its contract for the Eagle Explorer with CGG has been extended by approximately 80 days for another survey in Northern Europe. The contract is now firm until August 15, 2019, with further options for CGG to extend with up to 60 days…

Chevron to Use Subsea Compression at Jansz-Io

Mar 12, 2019

Aker Solutions announced Tuesday it has been awarded a master contract to support the delivery of a subsea compression system for the Chevron Australia-operated Jansz-Io field offshore Australia, marking the first time the technology will be used outside of Norway…

Atals Sets Sights on Asian Offshore

Mar 12, 2019

Atlas Professionals has extended permanent recruitment and executive search services for the offshore wind industry to the Asia Pacific region.'With the offshore renewables industry surging ahead as countries aim to achieve their climate targets…

OWC, TCE Targets Offshore Wind in India

Mar 12, 2019

UK-based Offshore Wind Consultants (OWC) and Tata Consulting Engineers Limited (TCE) have signed an agreement to partner up for upcoming projects in the Indian offshore wind sector.Under the agreement, OWC and TCE will combine its powers to…

Trump Requests $200.5 Mln for BSEE, $193.4 for BOEM

Mar 11, 2019

U.S. President Donald Trump's proposed fiscal year (FY) 2020 budget submitted to Congress on Monday includes $200.5 million for the Bureau of Safety and Environmental Enforcement (BSEE) and $193.4 million for the Bureau of Ocean Energy Management (BOEM)…

Maersk Supply Service Wins Total Contract

Mar 11, 2019

Maersk Supply Service said it has fixed the newbuild subsea support vessels vessel (SSV) Maersk Involver for 161 days to support maintenance of the DAN F platform located offshore Esbjerg for walk-to-walk and accommodation services. The contract is expected to commence start-April 2019…

British Oil, Gas Output Rose 4% Last Year

Mar 11, 2019

British oil and gas production rose 4 percent to 1.7 million barrels of oil equivalent per day in 2018 compared with the previous year, according to the Oil and Gas Authority, an industry regulator.'The Oil and Gas Authority (OGA) now projects…

North East England Offshore Ready to Deliver

Mar 11, 2019

North East England’s supply chain is “fit and ready” to support the growth of offshore wind that the new UK Sector Deal will bring, according to Energi Coast.The North East has been instrumental in the development of the offshore wind industry…

EC Probes E.ON-Innogy Merger

Mar 11, 2019

The European Commission has opened an in-depth investigation into German utility E.on's  takeover of certain assets from domestic Innogy, saying the transaction may lead to higher prices for consumers.The deal, which is worth a reported €43 billion ($48 billion at today's conversion rate)…

PTTEP Makes Gas Discovery in Off Australia

Mar 11, 2019

Thai oil and gas company PTT Exploration and Production Public Company Limited (PTTEP) has made a gas and condensate discovery at the Orchid-1, the first exploration well in Permit AC/P54 located in the Timor Sea, Australia.Phongsthorn Thavisin…

Vestland Offshore to Manage Ocean Duke

Mar 11, 2019

Norwegian vessel owner Vestland Offshore announce that it has taken Management on yet another Vessel.The Ocean Duke is currently being converted to a Seismic Source Vessel and has a firm 2 year contract secured with SBGS.Last month, Vestland has won contracts for two of its offshore vessels…

Bristol, JDR Launch Offshore Wind Pact

Mar 11, 2019

Massachusetts-based Bristol Community College and JDR Cables, supplier of subsea power cables and umbilicals and a part of the TFKable Group, have launched new collaboration to train the future workforce for the global offshore wind industry…

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