Offshore Regions News - page 1218


JV in Massachusetts wind energy development

May 11, 2017

Avangrid Renewables and Vineyard Wind have formed a strategic partnership to jointly develop a large scale wind energy project off the coast of Massachusetts.  Last summer, Massachusetts required utilities to procure 1600 MW of clean…

Do call it a (deepwater) comeback

May 11, 2017

Gulf of Mexico operators BP and Murphy Oil sing the praises of a new below US$50/bbl breakeven world at this year’s OTC Houston. Audrey Leon reports. Image of Morrison presenting at OTC. Images from OTC…

UPDATED: US moves to evaluate Atlantic G&G

May 10, 2017

The US Department of the Interior (DOI) is moving forward with its evaluations from six companies to conduct geological and geophysical (G&G) activities in the Atlantic Ocean, as part of the Trump Administration’s 'America First' offshore energy strategy…

Anadarko names EVP international and deepwater operations

May 10, 2017

Anadarko Petroleum named Daniel E. Brown executive VP, International and Deepwater Operations.  Darrell E. Hollek, formerly executive vice president, Operations, will serve as a senior adviser until his retirement later this year. Brown began his career with the company in 1998…

Delmar unveils RAR Plus, MOORMax Releasable Mooring System

May 10, 2017

Illustration of RAR Plus, from Delmar. Delmar Systems unveiled the new RAR Plus and the MOORMax Releasable Mooring System. The RAR Plus is the next generation of Rig Anchor Release (RAR)…

BP online at West Nile Delta

May 10, 2017

BP has achieved first gas from two fields - Taurus and Libra - in the West Nile Delta (WND), offshore Egypt, eight months ahead of schedule. Image of West Nile Delta, from BP. “The…

PSA: Several Scarabeo 5 breaches found

May 10, 2017

Norway’s Petroleum Safety Authority’s (PSA) investigation into Saipem’s Scarabeo 5 semisubmersible fire in the Njord field revealed several regulatory breaches that occurred in November 2016. Image of the Scarabeo 5…

TGS, PGS expand Cape Broyle 3D survey

May 10, 2017

TGS and Petroleum Geo-Services (PGS) have expanded their jointly owned multi-client library offshore Eastern Canada. Map of Cape Broyle 3D, from TGS. The new Cape Broyle 3D survey…

Ophir inks Fortuna construction contracts

May 10, 2017

Construction contracts have been awarded for Ophir Energy's Fortuna LNG project offshore Equatorial Guinea. Fortuna will be Africa’s first deepwater FLNG project and is targeted for first gas in mid-2020 at a cost of US$2 billion. The project…

i3 targets Liberator first oil by 2018

May 10, 2017

UK-independent i3 Energy is planning to list on the AIM Market of the London Stock Exchange and raise US$50 million to fund the development of its Liberator field. The company acquired a 100% operated interest in License P.1987, Block 13/23d…

Parkmead takes Farne stake to 100%

May 10, 2017

UK independent Parkmead has agreed a deal with Verus Petroleum to acquire 50% interest in North Sea License P.2209 containing the Farne Extension prospect and a further four prospective leads. The moves secures 100% interest in the license for Parkmead…

Wood Group inks Kazakhstan agreement

May 10, 2017

Wood Group has secured a new framework agreement to provide study engineering for North Caspian Operating Company’s (NCOC) offshore and onshore asset portfolio in Kazakhstan. The contract extends Wood Group’s support of NCOC. The company…

Fugro starts Mareano survey in Barents Sea

May 09, 2017

Fugro started the Mareano hydrographic survey encompassing an area of Norwegian waters of approximately 15,000sq km. The MV Fugro Helmert, from Fugro.  The contract was awarded…

Siemens Gamesa names new CEO

May 09, 2017

The Board of Directors of Siemens Gamesa Renewable Energy unanimously appointed Markus Tacke as the company's new chief executive officer (CEO), effective immediately. Image of Tacke, from Siemens Gamesa…

McDermott buys North Ocean 105 stake

May 09, 2017

Oceanteam received written notice from its joint venture partner McDermott, in which McDermott has committed to purchase Oceanteam's remaining 25% stake in the vessel-owning company North Ocean 105 on 20 June 2017. This is in line with…

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