Offshore Regions News


IKM Acona Hires Havila PSV

4 hours ago

Norwegian offshore vessel operator Havila Shipping has secured a contract for its platform supply vessel Havila Borg.The contract is with IKM Acona AS, a company providing well management and engineering services for the oil and gas industry…

DEME Offshore, Penta-Ocean form JV to Build Offshore Wind Farms in Japan

7 hours ago

Belgium-based offshore installation company DEME Offshore and Japanese marine contractor Penta-Ocean Construction are forming a joint venture to focus on the construction of offshore wind farms in Japan. 'The new Joint Venture brings together…

U.S. Appeals Court Affirms Atlantic, Arctic Offshore Leasing Bans

8 hours ago

A federal appeals court on Tuesday confirmed bans on offshore oil leasing in most federal Arctic waters and in the Atlantic after the Trump Administration tried to open them up to development.The 9th Circuit Court of Appeals said President Joe…

Aibel: Large Johan Sverdrup P2 Platform Module Leaves Thailand

Apr 13, 2021

Norwegian company Aibel, specializing in the construction of modules for offshore oil and gas platforms, last week saw the giant Main Support Frame (MSF) module for the Johan Sverdrup P2 platform in Norway leave its yard in Thailand, two years after the start of the construction…

Contract Extensions for Golden Energy Offshore's Vessel Duo

Apr 13, 2021

Norwegian offshore vessel operator Golden Energy Offshore Management has informed that two vessels it manages have recently secured contract extensions.The Inspection, Maintenance, and Repair Vessel (IMR) vessel Larissa was awarded several months…

Bilfinger Salamis Enters Collaboration with Wind Turbine Blade Repair Firm GEV

Apr 13, 2021

Energy industry operations, maintenance and asset integrity contractor Bilfinger Salamis UK has formed a strategic partnership with Hull-based blade repair and maintenance specialists GEV Wind Power (GEV), bolstering its position in the renewables market…

NJ's PSEG Wraps Buy of 25% in 1,1GW U.S. Offshore Wind Project from Ørsted

Apr 13, 2021

Offshore wind developer Ørsted has completed the sale of a 25% stake in its 1,1 GW Ocean Wind offshore wind project off the coast of Atlantic City to New Jersey’s Public Service Enterprise Group (PSEG).Ocean Wind is a 1,100 MW offshore wind farm located 15 miles off the coast of southern New Jersey…

Woodside CEO Coleman to Retire in June

Apr 13, 2021

Australian oil and gas company Woodside said Tuesday its CEO Peter Coleman would retire from the company on June 3, 2021.'This follows the announcement in December 2020 of Mr. Coleman’s intention to retire from Woodside in 2021, by which time Mr…

Saipem Bags Additional Offshore Work in Qatar Worth $350M

Apr 13, 2021

Qatari gas company Qatargas has awarded additional work to Italy's Saipem within the North Field Production Sustainability Offshore Project, following a $1.7 billion contract announced in February.Qatargas has now exercised two options for additional work under the project…

Petrobras Shareholders Pave Way for New CEO

Apr 13, 2021

Shareholders in Brazil's Petrobras voted on Monday to remove Roberto Castello Branco as CEO, and elected his government-picked successor to the board of directors, but discontent among some investors threatens to drag out the transition process…

At Brazil's Petrobras, a 'Spartan' Military Man Takes the Reins

Apr 12, 2021

For many investors, the appointment of former army general Joaquim Silva e Luna as the new chief executive of Brazil's state-run oil company Petrobras was unexpected - and unwelcome.President Jair Bolsonaro announced the 71-year-old Luna would take the helm of Petroleo Brasileiro SA…

ADM, Eunisell Exploring Barracuda Field Development Options

Apr 12, 2021

Oil and gas investment company ADM Energy which in March agreed to invest in the development of the Barracuda oil field in OML 141,  an existing discovery and near-term production asset in swamp/shallow waters offshore Nigeria, has signed a…

Independent Oil and Gas Starts Drilling at Elgood

Apr 12, 2021

Independent Oil and Gas plc, the UK-based company working to develop its Phase 1 project in the Southern North Sea, has started drilling at the Elgood development well, 48/22c-H1.Elgood is the first of five planned development wells in IOG's…

Environmental Groups Call on Norway to Stop Deep-sea Mining Plans

Apr 12, 2021

Six environmental organizations, including the World Wildlife Fund and Greenpeace, on Monday, called on Norway to stop plans to open ocean areas for deep-sea mining.The government in January launched a process to open areas on its extended continental…

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