Offshore Energy News


NOPSEMA: Offshore Operators Well Equipped to Deal with COVID-19

May 06, 2020

Australian offshore oil and gas safety regulator NOPSEMA has said that the offshore oil and gas companies operating in the country are 'are equipped with adequate arrangements for protecting workers from infectious diseases such as COVID-19…

Saipem, CDP Sign Energy Transition Agreement

May 06, 2020

Italian energy contractor Saipem has agreed with state lender Cassa Depositi e Prestiti (CDP) to study the development of energy transition projects in Italy and abroad.In a joint statement on Wednesday, the two groups said the agreement was focused on carbon-cutting initiatives…

Ampelmann Makes One Millionth Offshore Transfer in Middle East

May 06, 2020

Ampelmann, a Dutch company providing crew transfer gangways to the offshore energy industry, has said it has achieved a milestone of one million safe personnel transfers in the Middle East.The company said Wednesday that the milestone, which it took nearly a decade to achieve…

HydroWing, Tocardo Working on Tidal-Energy-to-Hydrogen Project

May 06, 2020

UK-based HydroWing and Dutch tidal energy developer Tocardo are working on a solution that will convert tidal energy into hydrogen, store it and offload it - similar to an FPSO in the oil and gas industry - to overcome the intermittency as well as the transportation issues…

Aker BP Cuts Dividend by Two-thirds on Oil Price Slump

May 06, 2020

Aker BP will cut its quarterly dividend payments by two-thirds due to the COVID-19 pandemic and the plunge in crude prices, the Norwegian oil firm said on Wednesday after reporting a better-than-expected first-quarter core profit.Earnings before interest…

Siemens Gamesa Says Affected by COVID-19, but Long-Term Prospects Sound

May 06, 2020

Wind turbines maker and service provider Siemens Gamesa has said its January-March quarter performance was affected by the COVID-19 pandemic on its operations and commercial activity, but assured that the long-term prospects for the industry and the company remain sound…

Logan Builds ROV A-Frame for Gulf of Mexico Use

May 05, 2020

Hydraulic repair, manufacturing and rental company Logan Industries delivered a custom A-frame to TechnipFMC for one of the services company's new state-of-the-art remotely operated underwater vehicles (ROV), which will deploy later this year…

Oceaneering's ROS Wraps Remote Work Campaign on Offshore Rig

May 05, 2020

Offshore services provider Oceaneering has said that its Remotely Operated Survey (ROS) group has completed an Integrated Rig Services campaign Apache.Oceaneering was contracted by Apache Corp. in June 2019 to provide Integrated Rig Services on the Noble Sam Croft drillship…

NGI Wins Hornsea 2 Offshore Wind Farm Monitoring Deal

May 05, 2020

NGI – Norwegian Geotechnical Institute - has won the contract for a structural measurement campaign at Ørsted's Hornsea 2 offshore wind farm development in the UK.The scope of the contract is design, production, and installation of instrumentation monitoring of the monopile foundations…

TechnipFMC Cutting Jobs in Norway

May 05, 2020

Franco-American oil services company TechnipFMC plans to cut up to 700 jobs across its sites in Norway due to the turbulent oil market situation, a spokesman for the company said on Tuesday.TechnipFMC, whose customers include major oil companies…

IEV Wins Subsea Pipeline Inspection Gig in Malaysia

May 05, 2020

IEV, an asset integrity services provider to the oil and gas industry, has won a contract to provide advanced inspection solutions for an oil company in Malaysia.Singapore-based IEV said Monday it had won the contract through its 49%-owned associate…

Drones Might Soon Deliver Goods for Offshore Rigs

May 04, 2020

Shipping, logistics, and marine services provider GAC has teamed up with a Singapore-based start-up to work on the delivery of supplies to vessels and offshore platforms via drones.GAC and the start-up named F-Drones will work to develop large…

Acteon Firms Take Part in Platform Installation Off Trinidad

May 04, 2020

Acteon Group subsidiaries MENCK and LM Handling have won a contract to support piling operations for a platform installation off the coast of Trinidad and Tobago. Subsea services firm Acteon said that the Trinidad and Tobago project would draw…

Oceaneering Execs Agree to Pay Cuts

May 04, 2020

Offshore engineering services company Oceaneering has said its board has approved voluntary base salary reductions of the executive management team and other members of senior management, effective as of May 1, 2020.Oceaneering explained the…

Xodus Names Subsea and Pipelines Branch Boss

May 04, 2020

UK-based energy consultancy Xodus Group has appointed Nigel Underwood as new manager to head up the company’s London subsea and pipelines division.Underwood, who joins from Petrofac where we worked as consultancy manager, will oversee Xodus’ international subsea and pipelines work…

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