Offshore Energy News


Construction Begins at Galloper Offshore Wind Farm

Nov 19, 2018

A ground-breaking ceremony was held at Harwich International Port, North Sea seaport in Essex, to mark the official start of construction of the GBP 10 million operations & maintenance (O&M) base for Galloper Offshore Wind Farm.Representatives from the wind farm…

TurkStream Gas Conduit Offshore Section Complete

Nov 19, 2018

The pipe-laying vessel  Pioneering Spirit pipelaying vessel completed the construction of the offshore section of the TurkStream gas pipeline in the Black Sea.  The TurkStream pipeline will carry Russian gas across the Black Sea to Turkey.The…

Novatek in Nyakhartinskoye Field Gas Find

Nov 19, 2018

Russia's largest independent natural gas producer Novatek announced that its wholly owned subsidiary OOO Novatek-Yurkharovneftegas, upon testing of the exploration well PO-1 achieved commercial flows of natural gas from the Lower Cretaceous…

NKT Names Andersen Interim CEO

Nov 19, 2018

Cable manufacturer NKT announced Monday that its CFO Roland M. Andersen will step in as interim CEO of NKT as Michael Hedegaard Lyng steps down as CEO.The appointment became effective November 16, the company's Board of Directors announced.Chairman of the Board of Directors…

North Sea Crude: Forties Falls to Three-year Low

Nov 19, 2018

North Sea Forties crude differentials fell to a three-year low on Monday, pressured by ample prompt supplies and limited demand.Ekofisk DelaysSome Ekofisk cargoes for loading in November have been delayed by a few days because of unplanned maintenance…

Nexans Wins Hornsea 2 Contract

Nov 19, 2018

Nexans announced Monday it has secured a contract to supply of over 200 kilometers of the high voltage alternating current (HVAC) subsea export cable system for the near shore section of  the world's largest offshore wind farm. The contract…

Turkey Warns Against Energy Exploration with Greek Cypriot Govt

Nov 19, 2018

Turkey warned energy companies on Sunday against working with the Greek Cypriot government in carrying out exploratory drilling in the eastern Mediterranean, saying such activities could damage regional stability.The eastern Mediterranean is believed to be rich in natural gas…

Delek Drilling to Spin Off Tamar Stake

Nov 19, 2018

Israel's Delek Drilling is looking to spin off its remaining 22 percent stake in the offshore Tamar gas field in 2019, the company's chief executive said on Monday.Last year Delek spun off an initial 9.25 percent of Tamar into a new company in Tel Aviv called Tamar Petroleum…

Castello Branco Named Petrobras CEO

Nov 19, 2018

Brazil's incoming far-right government on Monday tapped a University of Chicago-trained economist with experience in the oil sector to be the chief executive of state-controlled Petroleo Brasileiro SA, amid a debate over privatization of the company's assets…

Subsea ‘Smart Standardization’

Nov 19, 2018

Enpro Subsea & Kosmos Energy commit to subsea ‘smart standardization’ in Gulf of MexicoEnpro Subsea reached a Master Services Agreement (MSA) with Kosmos Energy (formerly Deep Gulf Energy) aimed at providing enhanced subsea architecture and…

Ampelmann Completes Half a Million Safe Transfers for BP

Nov 18, 2018

Dutch offshore access solutions provider Ampelmann has reached a new milestone: 500,000 safe personnel transfers for BP globally.The  provider of offshore personnel transfer system completed its first transfer for the oil major in Trinidad &…

Ineos to Buy ConocoPhillips North Sea Assets

Nov 18, 2018

Britain's richest man Jim Ratcliffe's oil and gas company Ineos Group Holdings is in exclusive talks with ConocoPhillips to buy North Sea oil and gas fields worth $3 billion from the U.S. energy company.Various news paper reports say that British…

SBM Offshore Wins AIP for Wind Floater Design from ABS

Nov 18, 2018

The classification society American Bureau of Shipping (ABS) has issued an Approval in Principle (AIP) to Dutch-based SBM Offshore for its proprietary wind floater design.The global provider of floating production and mooring systems (FPSO)…

Expro Wins BP Extension

Nov 16, 2018

Oilfield services company Expro said it has secured a four-year contract extension for BP’s Shah Deniz Stage 2 project in the South Caspian Sea.The contract extension will see Expro continue its provision of subsea landing string equipment and services to the project…

PGS Tallies South America Contract

Nov 16, 2018

Norwegian seismic firm PGS revealed it has entered into a contract for a 3D survey in South America.PGS did not reveal the name of the client, but said the contract value is estimated to be in excess of $75 million.The company plans to use two…

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