Norway's oil output in 2019 will be smaller than previously forecast and its lowest level in three decades, although it should rebound in the following years, the country's oil industry regulator said on Thursday.Investment in Western Europe's…
Offshore wind power operators in the German North Sea raised generation capacity by 12.7 percent to 6,232 megawatts (MW) last year, nearing a government target of 6,500 MW national offshore capacity by 2020, grid company TenneT GmbH said on Thursday…
Up and down the East Coast, initiatives to develop a massive and largely untapped market can make sea change in American offshore wind, says the Institute for Energy Economics and Financial Analysis (IEEFA).IEEFA pointed out that the big lease…
The U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) defines a high-pressure/high-temperature (HP/HT) environment as any reservoir that requires completion equipment or well control equipment with an assigned pressure rating greater than 15…
Italian oil and gas contractor Saipem said it will work with Shell to further enhance key features of the oil major’s proprietary subsea autonomous vehicle, FlatFish.Since March 2018, Saipem has been the sole developer of FlatFish technology for Shell…
Norwegian oil company DNO has secured control of Faroe Petroleum, a day after raising its hostile bid for the British company to 641.7 million pounds ($819 million).The move effectively ends a bitter battle that started around nine months ago when DNO bought a stake in the British firm…
TechnipFMC announced Wednesday it has been awarded an engineering, procurement, construction and installation (EPCI) contract by BP for the Atlantis phase 3 project in the Gulf of Mexico.TechnipFMC did not specify the exact value of the contract…
The Italian government is planning to block the issuing of about 36 permits to look for oil and gas as part of plans to cut the country's carbon footprint, the industry ministry said on Wednesday.In a statement the ministry said upstream oil…
Nakilat-Keppel Offshore & Marine (N-KOM) held a steel cutting ceremony for a new offshore accommodation platform under construction at the Erhama bin Jaber Al Jalahma Shipyard in Qatar.Chief Executive Officer of Nakilat, Eng. Abdullah Al Sulaiti…
Maersk Supply Service announced Wednesday it has lined up work for two anchor handling tug supply (AHTS) vessels in support of a drilling program offshore Australia.Under a contract awarded by Chevron Australia, the vessels Maersk Mariner and Maersk Master will provide towing…
Well construction specialist DeltaTek Global announced Wednesday it has been awarded a contract from Energean Oil and Gas to support well construction at the Karish deepwater project offshore Israel.DeltaTek said it will provide optimization…
The largest energy company in Denmark Orsted have awarded Specialist Marine Consultants (SMC) with a framework agreement to provide statutory inspection and auxiliary services to their sites across the UK.SMC, the UK-based marine consultancy…
The world's first industrial-scale floating wind prototype, Hywind 1, installed in 2009 off the west coast of Norway, will be reborn as an infrastructure for research and technology projects in Metcentre at Karmøy.Unitech Offshore, which manufactures and distributes subsea connector assemblies…
Classification society ABS on Tuesday held an official ribbon-cutting ceremony to formally open its new global headquarters in Spring, Texas.“This is a significant milestone in our 157-year history and reaffirms our commitment to provide industry…
Subsea intervention is going to be big in 2019, just not where you were expecting. David Carr, Senior Vice President - International Development at Helix Energy Solutions Group, gives his forecast for 2019.Around this time of year, the papers are full of forecasts…