Sunday, December 16, 2018

OE Daily: 2018 / October

 

Kleven Delivers Anchor Handler for Maersk

Oct 31, 2018

Nowegian shipbuilder Kleven has delivered the fifth vessel in a series of six anchor handlers for Maersk Supply Service A/S. (Photo: Olav Thokle Fotomaritim / Kleven) Built for deepwater operations…

Advanced Anti-Corrosion Coatings for North Sea Platforms

Oct 31, 2018

OGTC is conducting trials using EonCoat on Total and Nexen platforms EonCoat application completed (Photo: EonCoat) In a collaborative effort, designed to improve vital protection of offshore assets…

Kvaerner Wins Sverdrup Jacket Number Four

Oct 31, 2018

Norway's Equinor has awarded a NOK 900 million ($107 million) contract to local contractor Kvaerner for delivery of the steel substructure for the Johan Sverdrup Phase 2 process platform. (Image: Kvaerner) The engineering…

SIMEC Atlantis Energy Plans 'Europe's Largest Tidal Project'

Oct 31, 2018

The developer of tidal energy projects SIMEC Atlantis Energy announced the formation of a joint venture company with Development Agency for Normandy (AD Normandy) for the purpose of developing a large-scale project in Raz Blanchard, Normandie…

Magseis to Acquire Fairfield Seismic Technologies

Oct 31, 2018

Norwegian ocean-bottom seismic specialist Magseis entered into a $233 million deal to acquire the Seismic Technologies business from Fairfield Geotechnologies. Image: Fairfield Geotechnologies 'Magseis…

Aqualis Offshore Reports Rig Move Milestone

Oct 31, 2018

The provider of engineering and marine services for the offshore energy, Aqualis Offshore celebrated mobile offshore unit rig move number 2,000, just over five years after the company was launched. Image…

Odfjell Drilling Bags Deepsea Contract from MOL Norge

Oct 31, 2018

International drilling, well service and engineering company Odfjell Drilling said it has signed a Letter of Intent for Deepsea Bergen with MOL Norge for one exploration well in direct continuation of the contract with OMV Norge, estimated to expire in Q3/Q4 2019…

MISC Wins FSO Charter Contract in Vietnam

Oct 31, 2018

Malaysian shipping group MISC Berhad (MISC) has received a time charter contract from Idemitsu Kosan (IKC) for the provision of a floating, storage and offloading (FSO) vessel in Vietnam. Image: MISC…

First LNG shipment from Ichthys project arrives in Japan

Oct 30, 2018

The first liquefied natural gas (LNG) shipment from the giant Ichthys project in Australia arrived at Inpex's Naoetsu LNG receiving terminal in northern Japan on Wednesday, the Japanese operator of the project said.The LNG vessel Pacific Breeze…

Cautious Consolidation for OSV Companies Brings Market Change

Oct 30, 2018

Will a rising tide in the offshore oil markets float all the boats? In the U.S. Gulf of Mexico, that remains to be seen. A Gulfmark offshore support vessel (CREDIT: Gulfmark) Offshore services…

The 'Digital Twin' Evolution for Offshore Wind

Oct 30, 2018

Testing, inspection and certification services provider Bureau Veritas said it has partnered with Offshore Renewable Energy (ORE) Catapult in an effort to jointly develop a Veristar AIM 3D “Digital Twin” of ORE Catapult’s 7MW Levenmouth Offshore Wind Demonstration Turbine in Fife…

Equinor to Drill at Presto Prospect

Oct 30, 2018

Norway's Equinor has been given consent from Petroleum Safety Authority Norway to perform exploration drilling of well 36/1-3 on production licence 885, which aims to investigate the Presto Prospect in the North Sea. © Michael Brakhage / MarineTraffic…

Bilfinger Secures Johan Sverdrup Contracts

Oct 30, 2018

German based Bilfinger said on Tuesday it has received follow-up orders from its contract partner, the Norwegian service company Aibel, that are to tie in with phase 1 of the Equinor operated Johan Sverdrup oil field project on the Norwegian continental shelf…

Engie Gets Green Light for Offshore Wind Projects in France

Oct 30, 2018

French energy group Engie said on Tuesday it has received clearance for its grounded 500 MW gigawatt capacity offshore Yeu and Noirmoutier wind projects. © Daniël Leppens / Adobe Stock Engie said the 2 billion euro ($2…

Tymor Marine Contracted for Vessel Mid-life Extension Program

Oct 30, 2018

Tymor Marine of Aberdeen has been tapped to deliver a vessel mid-life extension survey for the Irish Naval Service. ‘Le Roisin’ – one of the P51 class Irish Naval vessels to be included in Tymor’s survey…

US Aims to Be Key Source of Global Energy Supplies

Oct 30, 2018

The United States will become a key source of energy supplies to meet growing demand globally, with innovation in technology and financing set to boost U.S. oil and gas production in the next decade, the country's top energy diplomat said. Frank Fannon…

Wind Energy Marine Selects NSSLGlobal

Oct 30, 2018

NSSLGlobal signed a three-year contract with offshore support vessel provider Wind Energy Marine. Image: NSSLGlobal The contract comprises the deployment of NSSLGlobal’s FusionIP VSAT…

Ampyx Power, NLR to Join Wind Energy Solutions

Oct 30, 2018

The Dutch Topsector Energie-TKI Wind op Zee recently awarded a subsidy to Dutch wind energy technology developer Ampyx Power and the Netherlands Aerospace Centre (NLR). Pic: Ampyx Power The…

Eni Makes New Oil Discovery in Offshore Norway

Oct 30, 2018

Eni announced a new oil discovery in the western Barents Sea within licence PL 532, the new discovery has been made through the exploration well 7220/5-3, drilled in a water depth of 409 m in the Skruis Prospect in License PL 532 (Equinor 50% Op…

Sembcorp Marine Bags Offshore Wind and Ferry Projects

Oct 30, 2018

Sembcorp Marine is breaking new ground in renewable  energy engineering solutions with two separate projects worth over S$200 million (USD 145 mln). Pic: Sembcorp The Group has inked…

McDermott Gets Saipem as Partner for NextDecade

Oct 30, 2018

McDermott International announced that it plans to partner with the Italian oil and gas industry contractor Saipem S.p.A. to bid for NextDecade's planned Rio Grande LNG project in Brownsville, Texas. Pic…

Goldsboro LNG Project Eligible for $1.5bln German Loan

Oct 30, 2018

Pieridae Energy announced that its proposed financing of upstream activities within the Goldboro LNG project has received a written confirmation of eligibility in principle for up to US $1.5 billion of untied loan guarantee by the German federal…

Eni Strikes Deal with Total to Boost Algeria Operations

Oct 29, 2018

Italian oil major Eni said on Monday it had struck a deal to team up with French peer Total to look for oil and gas in Algeria and strengthen its position in the north African country. © bomboman / Adobe…

Claxton to support MOL Norge’s first well programme on the Norwegian Continental Shelf

Oct 29, 2018

Claxton, a supplier of engineering and services for shallow-water, jackup-depth markets in subsea services group Acteon, has been contracted to support MOL Norge AS on its first well program on the Norwegian Continental Shelf.The award is through Ross Offshore Well Management AS…

Stena Drilling Rig Gets an Engine Overhaul

Oct 29, 2018

The first phase of a new diesel engine maintenance and service program has been completed for vessels owned by international drilling contractors Stena Drilling, power specialist Royston said. Stena…

Iberdrola Inaugurates Wikinger Offshore Wind Farm

Oct 29, 2018

Iberdrola inaugurates the wind farm of Wikinger, located in Germany in the waters of the Baltic Sea, with an investment of 1,400 million euros. Image: Iberdrola In its development have participated companies like the Asturian Windar…

Gabon Readies for Offshore Licensing Round

Oct 29, 2018

West African country has announced that it plans to open its highly-anticipated 12th Shallow and Deep Water Licensing Round of open blocks at the 25th Africa Oil Week, Cape Town in November 2018. Map…

Smulders Updates Deutsche Bucht Offshore Wind Farm

Oct 29, 2018

Smulders, acting for and on behalf of the JV Iemants-Eiffage, has reached the next step in the realization of the substation for the Deutsche Bucht offshore wind farm. Image: Smulders Ten…

New Research to Strengthen Design of Floating Wind Turbines

Oct 29, 2018

Researchers from Technical University of Denmark (DTU) and Danish Innovation Fond are, in collaboration with leading companies, optimizing the design of the floaters, which makes it possible to place offshore wind turbines on deep waters. Image…

Shell Netherlands CEO Christens Wagenborg's W2W Vessel

Oct 29, 2018

The second Walk to Work vessel in the fleet of Wagenborg Offshore was unveiled on the Nieuwediepkade in the port of Den Helder. The Walk to Work Emergency Response and Rescue Vessel Kasteelborg was christened by Mrs. Marjan van Loon, CEO Shell Netherlands…

Pan Orient Energy Announces Thailand Oil Discovery

Oct 29, 2018

The oil and natural gas company Pan Orient Energy Corp announce that the L53-DD1 exploration well encountered an interpreted, combined 26 meters of net oil pay within three separate sandstone reservoirs between a true vertical depth of 960 to 1…

Woodside Energy GWF-2 Commences Production

Oct 25, 2018

Australian oil and gas company with a global presence  Woodside announced that the Greater Western Flank Phase 2 (GWF-2) Project off the north-west coast of Australia has commenced gas production. Image…

Wellhead Expertise for ADNOC

Oct 25, 2018

Weir Oil & Gas Pressure Control Dubai has been awarded its first three-year contract to provide in-country wellhead equipment and services to Abu Dhabi National Oil Company (ADNOC) Onshore from its API 6A manufacturing plant in Dubai. Image…

Jan De Nul Names Newest Offshore Installation Vessel Taillevent

Oct 25, 2018

Luxembourg-based dredging and offshore contractor Jan De Nul Group named its newest offshore installation vessel Taillevent in the Belgian port of Ostend. Taillevent. Photo: Jan De Nul Miss Pauline Stassijns…

Orsted Contracts EEW OSB to Supply Offshore Wind Components

Oct 25, 2018

EEW OSB, a Teesside facility that manufactures transition pieces (TPs) used in offshore wind farms, is entering the international market thanks to multiple contracts with Ørsted, the global offshore wind company. Image…

DOI Okays Offshore Oil And Gas Drilling in Alaska

Oct 25, 2018

U.S. Secretary of the Department of the Interior (DOI) Ryan Zinke announced a long-awaited development for oil and gas energy production offshore the state of Alaska. Image: U.S. Department of the Interior Interior’s…

Russia, Norway Ink Seismic Pact for Barents Sea

Oct 25, 2018

The Norwegian Petroleum Directorate (NPD) and Russian petroleum authorities (Federal Subsoil Resources Management Agency, Rosnedra) have entered into an agreement to exchange seismic data from the areas around the demarcation line in the Barents Sea…

SembMarine Sinks into USD 21.75 mln Loss in 3Q

Oct 25, 2018

Singapore-based rig builder Sembcorp Marine (Sembmarine) has reported a loss of S$30 million (US$21.75 million) in the third quarter of the year amid lower revenues and reduced activity.   Image: Sembcorp…

Cairn Energy Submits Senegal SNE Plan

Oct 25, 2018

UK-based Cairn Energy  announced that the Development and Exploitation Plan for the SNE field offshore Senegal has been submitted on schedule to the Government of Senegal by the Joint Venture (JV) with approval targeted later this year. Photo…

Shell Adds New FPSO in Brazil

Oct 25, 2018

New, deep-water production is underway today at the Lula Extreme South in the Brazilian Santos Basin.  Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. (Shell) and consortium partners, announces that the FPSO P-69 is now producing…

Asia-Pac Offshore Wind Capacity to Rise 20-fold in a Decade: Wood Mackenzie

Oct 25, 2018

Asia-Pacific's offshore wind capacity will rise 20-fold to 43 GW in 2027, said new research from global natural resources consultancy Wood Mackenzie. Future offshore wind prices will be competitive with traditional thermal prices, it said. Image: Orsted…

OLT Offshore LNG Toscana Awards Peak Shaving Service Contract

Oct 25, 2018

OLT Offshore LNG Toscana has announced that the tender for the peak shaving service of the FSRU Toscana terminal has been successfully awarded. FSRU Toscana. Pic: OLT Offshore LNG Toscana 'The…

US, Russian Energy Majors Join to Push LNG in India, Japan

Oct 25, 2018

Russia's energy major Rosneft and US ExxonMobil plan to build a liquefied natural gas (LNG) plant in a consortium with Indian and Japanese partners, spreading the estimated $15 billion cost, Reuters reported. Pic…

Arkona Offshore Wind Farm Completed in Record Time

Oct 25, 2018

Construction of Germany's 385 MW Arkona offshore wind farm in the Baltic Sea has been completed at a new record speed: The workers needed less than three months to erect 60 turbines. Pic: E.ON 'The joint project between E…

BiSN Deploys Largest-ever Bismuth Plug

Oct 25, 2018

BiSN, the provider of metal-to-metal downhole sealing solutions, has achieved a world first in conjunction with AkerBP and Altus Intervention, through the successful deployment of the largest-ever bismuth plug. ©…

Shell Joins the Global Wind Energy Council

Oct 25, 2018

British-Dutch oil and gas company Shell has joined the Global Wind Energy Council as a board level member as part of its 'new energies strategy' that includes expansion of wind business. Pic: Global Wind Energy Council Ben Backwell…

Klein Selects Greensea Inertial Navigation

Oct 24, 2018

Klein Marine Systems chose Greensea Systems to provide SWaP-C optimized inertial navigation for its side scan sonar towfish products. The Greensea INSpect GS products use Greensea’s open architecture operating platform, OPENSEA, and a patent-pending heading alignment methodology…

Rovco Buys a Falcon DR ROV

Oct 24, 2018

U.K. subsea services company Rovco said it has expanded its remotely operated underwater vehicle (ROV) and hydrographic survey capabilities with the addition of an electric Saab Seaeye Falcon DR ROV to its fleet. (Photo: ROVCO) The 1…

Blackstone Energy Partners Acquires Ulterra Drilling Technologies

Oct 24, 2018

Blackstone Energy Partners announced today that it has entered into binding agreements to acquire a controlling, majority interest in Ulterra Drilling Technologies from affiliates of American Securities LLC.   Image…

FAR Drills First Gambia Well

Oct 24, 2018

Oil and gas company FAR Limited has started drilling the Samo-1 exploration well in block A2, offshore The Gambia. Image: FAR Limited The Stena Drillmax arrived on site on Sunday, 21 October and after standard pre-drill operations…

Rowan Stavanger to Drill at Gudrun Offshore Norway

Oct 24, 2018

Rowan Norway Limited has been awarded a contract for drilling two wells at the Gudrun field by use of the Rowan Stavanger jack-up rig. The rig has furthermore been awarded five options for drilling of single wells. Back…

Saudi Aramco Signs Deals Worth USD 34 bln in Oil and Gas

Oct 24, 2018

Saudi Aramco signed 15 Memoranda of Understanding (MoUs)  and strategic and commercial collaborations valued at more than US$34 billion with 15 international partner companies and entities from eight countries in 3 continents. Image…

TechnipFMC Bags Subsea Contract from ExxonMobil

Oct 24, 2018

The subsea and offshore service provider TechnipFMC  has been awarded a contract by an affiliate of ExxonMobil Corporation  for the engineering of the subsea system for the proposed Liza Phase 2 project. Image…

Drafinsub Chooses Falcon ROV

Oct 23, 2018

Italian underwater works company Drafinsub chose the Saab Seaeye Falcon electric remotely operated underwater vehicle (ROV) for the wide ranging and complex tasks undertaken by the company. (Photo: Saab…

Drydocks World Completes FPSO Upgrade, Turret Mooring Project

Oct 23, 2018

Drydocks World has recently completed two projects for Bluewater Energy Services B.V. and end client Hurricane Energy plc. Photo: Drydocks World The projects included the refurbishment…

Seabed Geosolutions Wins Red Sea Ocean Contract

Oct 23, 2018

The provider of comprehensive ocean bottom seismic (OBS) solutions to the global oil and gas industry Seabed Geosolutions and its partner have been awarded a 3D ocean bottom node survey in the Red Sea. Manta OBN…

HC2 Holding Mulls Global Marine Sale

Oct 23, 2018

The diversified holding company HC2 Holdings announced that it is exploring strategic alternatives, including a potential sale, for its  Global Marine Group (GMG)  subsidiary. Pic: Global Marine Group As part of this process…

Australia's Woodside China's ENN Join Hands

Oct 23, 2018

Australia’s Woodside Petroleum has signed a Cooperation Agreement with Chinese private sector gas distribution firm ENN Group under which the two companies will work together to explore a broad range of potential business opportunities. Pic…

Orsted Selects Siemens Gamesa or Typhoon-Proof Turbines

Oct 23, 2018

Danish wind power company Ørsted has selected Siemens Gamesa Renewable Energy (SGRE) as the preferred supplier for the first 900MW Greater Changhua offshore wind farms. Pic: Orsted The…

Pacific Drilling Bags Eni Contract for Offshore Nigeria

Oct 23, 2018

Offshore ultra-deepwater drilling company Pacific Drilling announced that its deepwater drillship the Pacific Bora has been awarded a contract by Nigerian Agip Exploration Limited (a subsidiary of Eni SpA) for drilling operations in Nigeria…

Simec Atlantis Energy Completes Offshore Operations

Oct 23, 2018

The owner and operator of sustainable energy projects Simec Atlantis Energy announced that it successfully completed offshore operations on MeyGen Phase 1A with two Andritz 1.5MW turbines returned to service and the Atlantis 1.5MW turbine successfully retrieved for ancillary systems maintenance…

Petrobras Receives $149 Mln from SBM in Leniency Deal

Oct 22, 2018

Brazilian state-run oil company Petroleo Brasileiro SA has received an initial payment of 549 million reais ($148.92 million) from Dutch marine engineering group SBM Offshore as part of a 1.22 billion-real leniency deal, the Brazilian government said on Monday…

ROVOP Acquires M2 Subsea's ROV Fleet

Oct 22, 2018

Remotely operated underwater vehicles (ROVs) operator ROVOP announced it has purchase of the entire fleet of 28 ROV systems from competitor M2 Subsea. (Photo: ROVOP) Following a technical review…

UTEC Secures Floatover Project in the Middle East

Oct 22, 2018

UTEC, a surveying company in subsea services group Acteon, said it has, in partnership with offshore services provider Zamil Offshore, secured a contract in Saudi Arabia for the floatover, from Oman to Saudi Arabia, and installation of multiple platform topsides…

Polarcus Awarded 3D Project in Southeast Asia

Oct 22, 2018

Marine geophysical company Polarcus Limited said it has been awarded a 3D marine seismic acquisition project in South East Asia. (Photo: Polarcus) The project duration is approximately four months and is scheduled to commence in Q4 2018…

ABS Awards AIP to HHI’s Deepwater FLNG Hull

Oct 22, 2018

ABS granted Approval in Principle (AIP) to Hyundai Heavy Industries’ (HHI) Deepwater Floating Liquefied Natural Gas (FLNG) hull design. Newbuilding Conversion FLNG design to deliver significant cost savings…

U.S. Announces Major Offshore Wind Developments

Oct 22, 2018

U.S. Secretary of the Interior Ryan Zinke announced three major developments in American offshore wind energy spanning from coast to coast. Gulf Island Fabricators constructed offshore wind turbine…

UOS Completes Acquisition of UOS Support and Hartmann Offshore

Oct 22, 2018

German offshore industry service provider United Offshore Support (UOS) announced that it has completed its acquisition of the commercial and technical-nautical management businesses of both UOS United Offshore Support and Hartmann Offshore…

Kitron Signs MASS Nodes Deal with Magseis

Oct 22, 2018

Scandinavia's Offshore/Marine electronics manufacturing services company Kitron and Norwegian geophysical company Magseis ASA has entered into an agreement to manufacture Magseis' MASS (Marine Autonomous Seismic System) nodes to support their growth…

Dril-Quip Confirms Sea Lion Project

Oct 22, 2018

The offshore drilling and production equipment manufacturer Dril-Quip has announced that Dril-Quip (Europe) Limited, its wholly-owned subsidiary based in Aberdeen, Scotland, has entered into a Front End Engineering and Design (FEED) Contract…

EMGS Preps for South American Survey

Oct 22, 2018

Norwegian owner Electromagnetic Geoservices (EMGS) said in a press note that it is currently engaged in the final stages of a contractual exchange for a proprietary data acquisition survey with an undisclosed customer. Atlantic Guardian…

Asian LNG Demand to Grow

Oct 22, 2018

Currently planned regasification capacity expansions in Asia will allow LNG demand to grow towards 2030, said energy consultent Rystad Energy. LNG Carrier. Image: NYK Line Total planned…

Sembcorp Marine, Teekay Offshore Pact on Petrojarl Varg FPSO

Oct 22, 2018

Sembcorp Marine Rigs & Floaters, a wholly-owned subsidiary of Sembcorp Marine,  has signed an agreement with Varg L.L.C., a wholly-owned subsidiary of Teekay Offshore Partners L.P., for engineering, procurement and construction works related to the modification…

ABS Awards AIP to HHI’s Standardized FPSO Topside

Oct 21, 2018

The global provider of classification and technical advisory services to the marine and offshore industries ABS granted Approval in Principle (AIP) to Hyundai Heavy Industries’ (HHI) Standardized design for a Floating Production Storage and Offloading (FPSO) facility…

Subsea State? Steady with Waves of Optimism

Oct 19, 2018

With the oil price hovering around $80 and increasingly positive signs of an increase in activity, Neil Gordon, chief executive of Subsea UK, gives his prognosis of the U.K.’s subsea sector, which is worth £9 billion and supports 50,000 jobs…

Turkish Ship to Continue Explorations in Mediterranean

Oct 19, 2018

A Turkish energy exploration ship will continue to operate in the Mediterranean Sea, the energy minister said on Friday, after Ankara said the navy stopped a Greek frigate from harassing the ship due to territorial disputes. © Dmytro Vlasov / MarineTraffic…

BP Starts-up Thunder Horse Expansion in Deep-Water Gulf Field

Oct 19, 2018

Energy giant BP said that it has started up the Thunder Horse Northwest Expansion project in the deepwater Gulf of Mexico, four months ahead of schedule and 15 percent under budget. Image: BP This…

Van Oord Bags Husky Energy's West White Rose Project

Oct 19, 2018

Dutch offshore and dredging services specialist Van Oord has been awarded the contract to carry out offshore installation works for the West White Rose Project of the east coast of Newfoundland, Canada. Images…

Standard Drilling Sells PSVs

Oct 19, 2018

New World Supply, where S.D. Standard Drilling (SDSD) has an ownership of 26.2 percent, has completed a sale of two of its six medium sized platform supply vessels (PSVs). PSV World Sapphire. Image:…

SDX Terminates Talks Over BP's Egyptian Assets

Oct 19, 2018

North Africa-focused oil company SDX Energy has terminated talks for a potential acquisition of assets in Egypt from the oil giant BP. Image: BP in Egypt A press release from SDX announced…

Stork Wins UK Offshore Extension Deal with Chrysaor

Oct 19, 2018

Global engineering Fluor Corporation announced that its diversified services segment Stork was awarded a two-year contract extension by Chrysaor to deliver integrated specialist asset integrity services for its Armada, Everest and Lomond offshore…

Goldwind, DNV GL to Digitalize Certification Tools

Oct 18, 2018

One of the leading wind turbine manufacturers globally Goldwind and DNV GL, the world’s largest resource of independent energy experts and certification body have signed a Memorandum of Understanding (MoU) to cooperate on the development of…

LNG Investment Set to Grow

Oct 18, 2018

Following years in the pricing doldrums, LNG is hot again, with business prospects for floating production and regasification looking strong through 2023. We talk to Jim McCaul of International Maritime Associates (IMA) for his insights, as…

Sentinel Marine Adds a Secondhand PSV

Oct 18, 2018

Aberdeen-based offshore support vessel operator Sentinel Marine said it has purchased a multi-role ship from a Canadian seller. Bailey Sentinel, which has commenced operations in the North Sea. (Photo…

Turkish Navy Stops Greek Frigate 'Harassment' in Mediterranean

Oct 18, 2018

Turkey's state-run Anadolu news agency said on Thursday that the navy had stopped a Greek frigate from harassing a Turkish ship in the Mediterranean. It did not give further details. © Gerry McGonigle / MarineTraffic…

North Sea Giant Turns to The Switch EBL Technology

Oct 18, 2018

North Sea Giant, one of the world’s largest and most advanced subsea construction vessels (OSV), has installed an innovative cost-saving solution. Photo: Yaskawa This system, based on…

Eni Wins Offshore Mozambique Block

Oct 18, 2018

Italian oil and gas major Eni has signed in Maputo the contract for the exclusive exploration and development rights of the offshore block A5-A, in the deep waters of the Northern Zambezi Basin, approximately 1,500 km to the north east of the capital Maputo…

Steelhead LNG Files Kwispaa Project Description

Oct 18, 2018

Image: Steelhead LNG Kwispaa LNG has entered the next phase of project development with the submission of the Project Description to the British Columbia Environmental Assessment Office and Canadian Environmental Assessment Agency…

Total, India's Adani Join Hands in LNG Sector

Oct 18, 2018

Image: Total French energy major Total and Adani Group have signed an agreement to jointly develop multi energy offers to the Indian energy market. This cooperation includes Liquefied Natural Gas (LNG) and Fuel Retail…

Crondall Energy to Support Siccar Point's Cambo Development

Oct 18, 2018

Image: Crondall Energy Crondall Energy, the floating production and subsea specialist, has secured a frame agreement contract with Siccar Point Energy to provide support on the Cambo field…

DeepOcean Wins Australian Contract

Oct 18, 2018

Image: DeepOcean DeepOcean 1 UK, a subsidiary of DeepOcean Group Holding, has announced that the company has been awarded a contract within the Oil and Gas sector for the provision of…

Partners to Produce Innovative Dive Vessel

Oct 17, 2018

Veecraft Marine, subsidiary of Paramount Maritime Holdings, and Unique Group announced a strategic Agreement for the continued manufacture of the next-generation HYDRACraft 1400 Diving Daughtercraft. The maritime platform will be deployed by…

High-End Seismic Imaging Solves Shallow Gas Challenges

Oct 17, 2018

The latest Q modeling, and Q-compensating imaging techniques bring greater clarity to Northern Viking Graben This slice, at a depth of 595 m through the Q model, clearly highlights the extent of the…

James Fisher Continues Growth in Middle East

Oct 17, 2018

James Fisher and Sons plc reported further expansion of its operations in the Middle East, including the recent completion of cable and pipeline trenching projects and new construction and decommissioning activities going live across the region…

Tidewater, Gulfmark Announce Filing of Definitive Proxy Statement

Oct 17, 2018

Parties say transaction could close on or about November 15, 2018. John Rynd / President , CEO and Director, Tidewater Inc. Offshore services providers Tidewater and GulfMark Offshore…

Integrated Gas Compression: A Natural Fit for North America

Oct 17, 2018

Natural gas abounds in North America. At the end of 2016, Canada and the U.S. shared 414 trillion cubic feet of proved reserves, with the U.S. the world’s largest producer and Canada the fourth largest. Unsurprisingly, there’s a keen appetite for developing LNG facilities across the continent…

Several US States Likely Withheld from Offshore Drilling Plan

Oct 17, 2018

Interior Secretary Ryan Zinke has hinted to at least six coastal states that he will keep their waters out of a looming plan to expand U.S. offshore drilling, telling some they lack enough oil to be included anyway, according to state officials and transcripts from public hearings…

Navigate Response Launched Unlimited Hours Contracts

Oct 17, 2018

Image: Navigate Response Navigate Response, the global crisis communications network for the maritime sector, is introducing unlimited response hours contracts to help its shipping company…

UTEC Introduces New AUV Launch and Recovery System

Oct 17, 2018

UTEC, a global surveying company in subsea services group Acteon, recently commissioned its new launch and recovery system (LARS) for the fleet of seven autonomous underwater vehicles (AUV) it uses for seabed surveys in the oil and renewables industries…

Double First for EM&I

Oct 17, 2018

Image: EM&I OES Offshore Engineering firm EM&I recently completed a ‘double first’. A first-time contract for the world’s largest drilling company, and a first-time valve double isolation using an ODIN inflatable plug installed with an ROV…

Stewart Marine Orders Neptune Marine EuroCarrier

Oct 17, 2018

Viking Energy. Image: Neptune Marine UK-based marine services company Stewart Marine has contracted Neptune Marine to build a new EuroCarrier 2611, which is to be named ‘Viking Energy’…

Scotrenewables Renamed Orbital Marine

Oct 17, 2018

Image: Orbital Marine Power The floating tidal turbine developer Scotrenewables Tidal Power Limited has announced a comprehensive company-wide rebranding to Orbital Marine Power.The new…

Wintershall CEO Meets Norwegian Prime Minister on Growth Plans

Oct 17, 2018

Photo: © Wintershall/Bernd Schoelzchen Mario Mehren, CEO of Wintershall, Germany's largest crude oil and natural gas producer, has presented Wintershall’s growth plans in Norway during a visit by Norway's Prime Minister…

McDermott Starts Total's Tyra Fabrication

Oct 17, 2018

McDermott held a first steel-cutting ceremony at its fabrication yard in Batam, Indonesia, to mark the commencement of fabrication for the Tyra Redevelopment project. (PRNewsfoto/McDermott International…

Gulf Marine Services Bags New Contract

Oct 17, 2018

Image: GMS UAE-based Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors, said…

MHI Vestas to Provide Turbines for EDF Renewables New Jersey Offshore

Oct 17, 2018

Image: MHI Vestas Offshore Wind EDF Renewables North America has selected MHI Vestas Offshore Wind as the preferred supplier for the Nautilus Offshore Wind project off the coast of Atlantic City…

Aeolus Energy Pact with Ulstein for Jones Act SOV

Oct 17, 2018

Florida based Aeolus Energy awarded Ulstein the design contract to develop the first ever Jones Act compliant offshore wind Service Operations Vessel (SOV), said a press release from Norway-based Ulstein Group ASA. (Image…

Partners Lead New Swarm Technology Research

Oct 16, 2018

U.K. based marine technology company Autonomous Robotics Ltd (ARL) will collaborated with Aberdeen’s Robert Gordon University (RGU) to research simultaneous, distributed and scalable localization system for a swarm of autonomous underwater sensor flying nodes…

Shell Attains Break-even costs of $30-$35 per Barrel in Brazil

Oct 16, 2018

Royal Dutch Shell, Brazil's No. 2 oil producer, has attained break-even costs of $30-$35 per barrel in the South American country, its Brazil manager Andre Araujo said on Tuesday.(Reporting by Alexandra Alper; Editing by Bernadette Baum)

Nexans Wins Cable Contract for Northwester 2 Wind Farm

Oct 16, 2018

Nexans said it will supply a subsea power cable and associated accessories for the 219 MW Northwester 2 wind farm 46 km offshore from Zeebrugge, Belgium. (Photo: Nexans) The French based…

Modern Facies Analysis Brings Greater Accuracy to Reservoir Models

Oct 16, 2018

New facies-first technique provides greater geo-model accuracy to optimize reservoir appraisal and assessment. Bayesian facies analysis of a Barnett Shale data set. Green represents litho-facies with the highest quartz content and the greatest brittleness…

Stena Drillship Set for High-tech Upgrade

Oct 16, 2018

Stena Drilling has contracted Kongsberg Maritime to deliver a complete upgrade of its systems aboard the Stena Carron, a harsh environment dynamically positioned DP Class 3 drillship capable of drilling in water depths up to 10,000ft.  Credit…

Hoegh LNG Vessel to Leave Egypt Before Weekend

Oct 16, 2018

Egypt's petroleum minister said on Tuesday that a regasification vessel would leave Egypt by the end of the week, a day after Norway's Hoegh LNG said Egypt was to give up one of its two floating liquefied natural gas (LNG) terminals. (Photo…

Lukoil to Start Oil Production at New Caspian Field in 2023

Oct 16, 2018

Russia's biggest independent oil producer Lukoil plans to start commercial oil production at its new Caspian field in 2023, the company said on Tuesday. Lukoil said it expected to reach peak production at the Rakushechnoye field of 1…

Semco Maritime Booked for Deutsche Bucht

Oct 16, 2018

Image: Semco Maritime Danish-based Semco Maritime has been awarded a 5-year service contract for the Deutsche Bucht offshore wind farm, owned by Northland Power. Alongside, Semco Maritime…

Saipem Bags New Offshore E&C Deals Worth $400 Mln

Oct 16, 2018

Italian oil firm Saipem has signed new offshore E&C contracts in Azerbaijan, the North Sea and the Republic of Congo. The overall value of the contracts is approximately $400 million. Image: Saipem S…

Providence Resources Confident on Newgrange Prospect

Oct 16, 2018

Image: Providence Resources Irish oil and gas exploration company Providence Resources said it had encouraging reports concerning frontier exploration licence (FEL) 6/14 situated at its Newgrange offshore…

Japan's Tohoku to Buy Anadarko LNG

Oct 16, 2018

Image: Anadarko U.S. oil and gas company Anadarko, as operator of Mozambique’s offshore Area 1, has signed a deal for up to 280,000 tonnes per year of liquefied natural gas (LNG) supply with Japan’s Tohoku Electric Power company…

UK P&I Club Rolls-out Offshore Cover

Oct 16, 2018

Image: UK P&I Club British ship insurer UK P&I Club has launched offshore cover providing a comprehensive package to meet liabilities and losses incurred by MembersThe UK P&I Club, in conjunction with Thomas Miller Specialty Offshore (TMSO)…

DNV GL to Update Carbon Trust Offshore Wind Accelerator Roadmap

Oct 16, 2018

Image: DNV GL DNV GL, the resource of independent energy experts and certification body, leads a consortium to update the Carbon Trust Offshore Wind Accelerator Roadmap for the commercial acceptance of floating LiDAR technology…

PSA Consent for Aker BP to Use Maersk Reacher

Oct 16, 2018

Maersk Reacher. Image: Maersk Drilling Norway's Petroleum Safety Authority (PSA) has authorized Norwegian E&P player Aker BP to use the Maersk Reacher mobile facility as a quarters facility on the Valhall field…

Equinor Focuses NCS Portfolio Through Sale of Non-Core Discovery

Oct 15, 2018

Equinor has signed an agreement with Aker BP to sell its 77.8% operated interest in the King Lear discovery on the Norwegian Continental Shelf (NCS) for a total of $250 million. Portrait of Jez Averty…

Coretrax Helps Slash Well Abandonment Costs

Oct 15, 2018

A North Sea operator saved more than £500,000 during a well abandonment campaign in the U.K. Continental Shelf with the help of independent wellbore clean-up and abandonment specialist Coretrax. (Photo…

No Oil Find in Namibia: Chariot Oil & Gas

Oct 14, 2018

Image: Chariot Oil & Gas Limited The Atlantic margins focused oil and gas exploration company Chariot Oil & Gas Limited has announced the result of the well on the Central Blocks license…

BP's Tortue Project FEED Contract Awarded to KBR

Oct 14, 2018

Image: KBR Inc. UK operating subsidiary of KBR has been awarded a Front End Engineering Design (FEED) contract by BP for Phase 1 of the Tortue field Hub/Terminal development located on the maritime border between Senegal and Mauritania…

C-Kore Systems Rolls-out New In-line Testing Tools

Oct 14, 2018

U.K. based subsea testing company C-Kore Systems announced a new ‘in-line’ version of their C-Kore subsea testing tools. Image: C-Kore Systems Ltd The streamlined design makes it possible to connect into hard-to access equipment…

EDS HV Group Completes Scotland’s Offshore Wind Farm

Oct 14, 2018

Image courtesy of Vattenfall/Electricity Distribution Services Ltd. High voltage engineering specialist, EDS HV Group (EDS), part of the UK’s leading marine services company – James Fisher and Sons plc…

Sevan Marine Changes its Name to Magnora

Oct 14, 2018

Image: Sevan SSP Sevan Marine has changed its name to Magnora following the sale of its gas businesses to Singapore's Sembcorp Marine.According to a stock exchange announcement from…

SeaBird, MCG Get More Work

Oct 14, 2018

Image: SeaBird Seismic players SeaBird Exploration and its partner Norway's MultiClient Geophysical (MCG) announce that significant additional pre funding commitment from an oil major…

Schlumberger, TGS Bags New US Seismic Project

Oct 14, 2018

Norwegian seismic specialist TGS-NOPEC Geophysical Company (TGS) and oilfield services providers Schlumberger have announced a new multiclient nodal seismic project in the U.S. Gulf of Mexico. Image: TGS The project…

Woodside Picks KBR Offshore Australia Contract

Oct 11, 2018

Glen Lyon FPSO. Image: KBR Australian oil and gas company  Woodside Energy, as Operator for and on behalf of the Browse JV, has awarded KBR the Concept Definition engineering contract…

ZITON Completes Decommissioning of Utgrunden Offshore Windfarm

Oct 11, 2018

Image: ZITON Offshore wind O&M specialist ZITON has completed the decommissioning of the Utgrunden Offshore Windfarm off the east coast of Sweden.Contracted by Vattenfall on turn-key terms…

Murphy Oil, Petrobras Form Deepwater JV for Gulf of Mexico

Oct 11, 2018

Image: Murphy Oil Murphy Oil Corporation announced that its wholly owned subsidiary, Murphy Exploration & Production Company - USA, has entered into a definitive agreement to form a new joint venture company with Petrobras America (PAI)…

Eni Contracts MODEC for FPSO

Oct 11, 2018

Image: MODEC, Inc. Japan's MODEC is to provide and operate a floating production storage and offloading (FPSO) vessel for Eni Mexico, a subsidiary of Eni.According to a press release…

Energy XXI, Cox Oil Extend Merger Closing Date

Oct 11, 2018

Image: Energy XXI Gulf Coast (EGC) Energy XXI Gulf Coast (EGC) has reached an agreement with the drilling and exploration services company Cox Oil to extend the required closing date for their planned merger to Oct…

Shearwater GeoServices Bags Two Contracts

Oct 11, 2018

Pic: Shearwater GeoServices Shearwater GeoServices (Shearwater) has been awarded 3D surveys in the Mediterranean and South East Asia, adding 7 vessel months to the current backlog.The…

BP Charters Prosafe's Safe Zephyrus

Oct 11, 2018

Image: Prosafe BP Exploration Operating Company has chartered the Safe Zephyrus to provide gangway connected operations supporting the completion of some post first oil scopes in summer…

Liberian Registry Focus on Offshore and Gas Technology

Oct 11, 2018

Liberia, the fastest growing major open registry in both shipping and offshore, has established its Offshore and Gas Technology Department, renewing the Registry’s focus in these sectors. Image: LISCR According to an official statement…

LNG Report: Floating Liquefaction & Regasification

Oct 11, 2018

International Maritime Associates has completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals.   The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector…

Progress with New Liquid Bulk Facility at the Port of Ngqura

Oct 11, 2018

Photo courtesy of TNPA Transnet National Ports Authority (TNPA) updated stakeholders at an engagement session recently regarding progress made on establishing the Port of Ngqura as a new petroleum trading hub for Southern Africa…

Statfjord A Platform Shut Due to Power Outage

Oct 11, 2018

A power outage has shut down production at Equinor's Stafjord A platform in the North Sea and a restart time was as yet unclear, a company spokesman said on Thursday. (Photo: Harald Pettersen / Equinor) 'We…

Oil And Gas CEO: New Tech Creates Opportunity

Oct 10, 2018

Image: KPMG Data from KPMG’s 2018 Oil and Gas CEO Outlook, released Oct. 10, reveals that globally, almost all oil and gas CEOs believe new technology creates opportunities. Eighty-five…

Osbit Builds Cable Test Rig for Subsea

Oct 10, 2018

Image: Osbit North East engineering specialist Osbit Ltd has developed a cable bend fatigue test rig for the Offshore Renewable Energy (ORE) Catapult that will support the development…

Njord Offshore Bags Taiwan Charter

Oct 10, 2018

Image: Njord Offshore Ltd UK-based offshore wind crew transfer vessel operator Njord Offshore Ltd will be managing a new purpose built 35-m Service Accommodation and Transfer Vessel (SATV)…

Rowan Sells Two Jack-up Rigs to ARO Drilling

Oct 10, 2018

Image: Rowan Companies Texas-based offshore drilling contractor Rowan Companies announced that it has concluded the sale of two LeTourneau TARZAN Class jack-up rigs, the Scooter Yeargain and the Hank Boswell…

HHI to Build FPS for LLOG Exploration

Oct 10, 2018

Image: Hyundai Heavy Industries South Korean shipbuilder Hyundai Heavy Industries (HHI) has been awarded a contract to build a floating production system(FPS) for LLOG Exploration of the U…

Novatek Finds Resource Base in North-Obskiy

Oct 10, 2018

Image: PAO Novatek Novatek said its Arctic LNG 3 unit confirmed the discovery of a new natural gas and gas condensate field at the North-Obskiy license area located in the shallow waters of the Ob Bay…

Maersk Drilling Wins Semi-Submersible Rig Contract Offshore Timor-Leste

Oct 10, 2018

Image: Maersk Drilling Maersk Drilling signed on semi-submersible rig Mærsk Deliverer with Eni for exploration well offshore Timor-Leste.Maersk Drilling and Eni JDPA 11-106 B.V. (Eni)…

Tullow Hires Subsea 7 for Offshore Ghana

Oct 10, 2018

Image: Subsea 7 S.A. Subsea 7 S.A. announced the award of a contract by Tullow Ghana Limited on the Jubilee field, offshore Ghana, in water depths of up to 1000 meters.According to a…

Baker Hughes is Exploring Advanced Manufacturing with AFRC

Oct 10, 2018

The University of Strathclyde’s Advanced Forming Research Center (AFRC) and Baker Hughes, a GE company (BHGE), have joined forces to explore how some of the latest advanced manufacturing tools and processes can drive more efficient, smarter…

Hibiscus Petroleum Buys Stake in North Sea Block

Oct 10, 2018

Anasuria Cluster. Image: Hibiscus Petroleum Berhad Hibiscus Petroleum Bhd has acquired 50% interest in two oilfields offshore the United Kingdom for $37.5 million in total.In a press statement…

Yinson's Knock Allan FPSO Contract Terminated

Oct 10, 2018

Malaysia’s Yinson Holdings Bhd has received the termination of an FPSO contract for its Knock Allan FPSO located on the Olowi field offshore Gabon. Image: Yinson Holdings Bhd The oil…

Sirius Petroleum Contracts Shelf Drilling for Ororo Field

Oct 10, 2018

Image: Sirius Petroleum Plc Sirius Petroleum has signed an agreement with Shelf Drilling for the jack-up rig is already located in proximity to the Ororo field, and, it is due to become available in November…

Aqualis Offshore Completes Bahrain Floatover

Oct 10, 2018

Image: Aqualis ASA Aqualis Offshore has completed the floatover installation of the REGAS topside offshore Bahrain as part of the Bahrain LNG Import Terminal, said a press release.Aqualis Offshore…

Siemens Gamesa Pact for Offshore Wind Turbine Components in Taiwan

Oct 10, 2018

Image: Siemens Gamesa Siemens Gamesa Renewable Energy (SGRE) has awarded the first two local supply agreements for offshore wind projects in Taiwan in ceremonies in Taipei.Firstly, Swancor…

Ørsted Proposals for Hornsea Project Four

Oct 10, 2018

Image: Ørsted Hornsea Project Four is a new offshore wind farm which Ørsted is proposing to develop in the North Sea, approximately 65 km off Flamborough Head on the Yorkshire Coast.Ørsted…

Minesto Generates Deep Green Tidal Power

Oct 09, 2018

Marine energy developer Minesto has achieved initial electricity generation with its first commercial-scale marine energy kite during the commissioning program of the company’s ground-breaking low-flow tidal energy project in Wales. Image…

Ofgem Rolls-out Sixth OFTO Round

Oct 09, 2018

Image: Ofgem UK's energy regulator, Office of Gas and Electricity Markets (Ofgem),  has opened the tender process for the first project in its sixth round of its offshore transmission owner (OFTO) regime…

Pemex Announces 7 New Crude Finds

Oct 09, 2018

Mexican state oil firm Pemex said on Tuesday it has made seven new crude discoveries in the shallow waters of the Gulf of Mexico and said it could invest upward of $10 billion to develop six oil and gas fields.Pemex, which has been struggling with declining output for over a decade…

DOF Subsea Selects Sonardyne Navigation Tech

Oct 09, 2018

International subsea services provider DOF Subsea has chosen acoustic and inertial navigation technology from Sonardyne Brasil Ltda. to support its deepwater operations from three vessels offshore Brazil. Sonardyne’s…

Pemex to Announce Light Crude Finds in Gulf of Mexico

Oct 09, 2018

Mexican state oil firm Pemex will on Tuesday announce findings of light crude in seven fields in the Gulf of Mexico, two people familiar with the matter told Reuters. Carlos Trevino (Photo: Pemex) Carlos Trevino…

Offshore Vessel Participates In Anti-terrorism Drill

Oct 09, 2018

An offshore supply vessel left its work at an offshore wind farm to play the role of hijacked vessel in a Belgian anti-terror exercise last week. Armed and highly trained soldiers from the Belgian anti…

Clean Ops Offshore: Johan Sverdrup Powered from Shore

Oct 09, 2018

With a flip of the switch, Kjell-Børge Freiberg, Norway's Minister of Petroleum and Energy, opened a new era in offshore oil and gas operations, initiating the 'power-from-shore solution' that will provide the Johan Sverdrup field in the North Sea with electricity for more than 50 years…

Natural Gas is Here to Stay, Big Oil Says

Oct 09, 2018

Energy companies are betting demand for natural gas will rise at break-neck pace for decades, undermining warnings that tackling climate change would require a rapid switch to renewable energy. © Chad J…

NKT Bags Johan Sverdrup Phase 2 Cabling Work

Oct 09, 2018

Image: NKT The Danish cable manufacturer NKT has received a letter of award by Equinor Energy AS to supply and install a cable system of 200 kilometres of 80 kV high-voltage DC offshore…

Mermaid Maritime Scores Middle East Subsea Contract

Oct 09, 2018

DSV Mermaid Endurer. Image: Mermaid Maritime Public Company Limited Thailand-based offshore vessel provider Mermaid Maritime has picked up a sub-sea services contract in the Middle East…

Equinor Trims Project Outlay Off Norway

Oct 08, 2018

Margareth Øvrum, executive vice president for Technology, Projects and Drilling, visiting the Johan Sverdrup field. Photo: Arne Reidar Mortensen/Equinor Equinor has reduced the estimated…

Petrofac Inks Extension Deal in Iraq

Oct 08, 2018

Image: Petrofac Petrofac’s Engineering & Production Services (EPS) East business has secured a four-year renewal of a contract for maintenance management services for an international oil company client in Iraq…

UK Hydrographic Office to Maximize Geospatial Data

Oct 08, 2018

Government invests $6.55 million to help the UK Hydrographic Office and partner bodies on Geospatial Commission maximize the value of location-based information. Image: UK Hydrographic Office Location-based information or geospatial data…

World Marine Offshore Comes to Lowestoft Port

Oct 08, 2018

(Left to Right) Lucia Firman, ABP Technical Document Controller at the Port of Lowestoft with World Marine Offshore team in front of the Crew Transfer Vessel (CTV) World Seagull. Photo: ABP ABP’s…

Nexans Wins Triton Knoll Wind Farm Contract

Oct 08, 2018

Nexans has been awarded a contract worth over €35 million by Triton Knoll’s onshore cable installation lead contractor J Murphy & Sons Ltd to supply the land export cable and accessories in order to connect the offshore wind farm to the U.K…

Norway to Spend More Looking for O&G Near Russian Border

Oct 08, 2018

Norway plans to step up spending on looking for oil and gas in the northern Barents Sea close to its border with Russia, the country's 2019 budget showed on Monday.The government has proposed to allocate an extra 50 million Norwegian crowns ($6…

LDA’s First Wind Farm Maintenance Vessel Launched

Oct 08, 2018

Louis Dreyfus Armateurs Group’s (LDA) first service operation vessel dedicated to the maintenance of offshore wind farms for the Danish giant Ørsted was launched in Turkey at the CEMRE shipyard, where the vessel has now entered the final construction phase…

Offshore Driller Ensco to Buy Rowan in $2.38 bln Deal

Oct 08, 2018

Offshore driller Ensco Plc said on Monday it plans to buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, as it looks to expand its fleet and benefit from a partnership with Saudi Aramco.This is Ensco's second deal…

Nord Stream 2 Gas Pipeline is 70% Financed so Far

Oct 08, 2018

Seventy percent of funds needed to finance the Nord Stream 2 underwater gas pipeline from Russia to Germany have been raised, TASS news agency quoted the head of Russian gas giant Gazprom, Alexei Miller, as saying on Sunday. ©…

Orsted Expands US Business with $510 Mln Acquisition

Oct 08, 2018

Orsted, the world's largest offshore wind developer, said on Monday it would buy U.S.-based Deepwater Wind LLC for $510 million as part of its strategy to expand in a major growth market. (Photo: Orsted) The still small U…

Baker Hughes Acquires 5% of ADNOC Drilling for $550 Mln

Oct 08, 2018

Baker Hughes, the world's second-largest oil services company, will take a 5 percent stake in Abu Dhabi National Oil Company's (ADNOC) drilling unit for $550 million under a tie-up announced on Monday. (Photo…

Equinor: Estimated Investments Reduced for Implementation Phase

Oct 08, 2018

Equinor has reduced the estimated investments for operated projects in the development phase on the Norwegian continental shelf by some NOK 30 billion ($3.6bln) since the development plans were submitted to Norwegian authorities. Martin…

BMT Wins Marine Monitoring Contract with BP

Oct 08, 2018

BMT has won a contract to provide multiple marine monitoring systems for BP’s new Mad Dog Phase 2 semi-submersible floating production facility in the Gulf of Mexico. These systems will play an important role in ensuring the day to day operations of the facility are conducted safely…

Gulf Island Shipyards Sues Hornbeck Offshore

Oct 08, 2018

Gulf Island Shipyards (GIS) has sued Hornbeck Offshore over what it says is the wrongful termination of two shipyard construction contracts for the final two vessels in the company's fifth offshore support vessel (OSV) newbuild program earlier this year…

Beach Energy Sells Stake In Otway Assets

Oct 08, 2018

Image: Beach Energy Australian Oil and gas explorer Beach Energy said it will sell a 40 percent stake in its Victorian Otway gas assets for USD 243 million, and trimmed its earnings and production guidance…

Canada’s Arctic Offshore Patrol Ship Named Harry DeWolf

Oct 08, 2018

Image: Irving Shipbuilding Thousands of Halifax Shipyard shipbuilders, along with the ship’s company, joined Government of Canada and Royal Canadian Navy representatives to celebrate Madame Sophie Grégoire Trudeau…

Shelf Drilling Bags Adriatic Sea Offshore Contract

Oct 08, 2018

Pic: Shelf Drilling Jack-up rig specialist Shelf Drilling announced that one of its subsidiaries has secured a two-year contract for the Key Singapore with Eni for operations in the Adriatic Sea offshore Italy…

Talos Energy Gets Green Signal for Zama Offshore

Oct 08, 2018

Pic: Talos Energy U.S. operator Talos Energy informed that the Mexican oil & gas regulator, the National Hydrocarbons Commission (CNH) has approved the appraisal plan for the Zama discovery…

Libra Consortium Concludes EWT in Mero Field

Oct 08, 2018

Image - Teekay Libra Consortium operator Petrobras has concluded the extended well test (EWT) in the Mero field, located in the block of Libra, in Santos Basin’s pre-salt layer.Launched in November 2017…

Aker Solutions to Supply Subsea Production System for Mero 1

Oct 05, 2018

Aker Solutions said it has secured an order from Petrobras to provide a subsea production system and related services for the Mero 1 project, the first full production project within the major Mero field development, one of the largest oil discoveries in Brazil's pre-salt area…

SAExploration Wins USD 100mln Project in South Asia

Oct 05, 2018

Image - SAExploration Houston-based oilfield services company  and seismic data specialist SAExploration announced receipt of a letter of award for a new marine project in South Asia…

Borr Drilling Activates Four Jackup Rigs

Oct 05, 2018

Image - Borr Drilling Limited Norwegian contractor Borr Drilling has made the decision to activate speculatively four more newbuild jack-ups as it sees rising demand for such high-specification units…

Experts Laud India’s 30 GW Offshore Wind Target

Oct 05, 2018

Image: HHWE The top global experts have been lauding India’s 30 GW offshore wind industry target by 2030 in a session titled ‘A Leap Into Offshore’ was held in India on 3rd October, 2018 and moderated by Steve Sawyer…

GC Rieber Signs Charter Agreement for Polar Queen

Oct 05, 2018

Polar Queen. Image - GC Rieber Shipping Norway's GC Rieber Shipping has entered a time charter agreement with an unnamed customer for its offshore construction vessel Polar Queen.The…

Vattenfall Opts Great Yarmouth Base for Offshore Wind Farms

Oct 05, 2018

Image - Peel Ports Group The Swedish energy group Vattenfall and the infrastructure specialists Peel Ports have agreed to reserve space at Great Yarmouth harbour to site an operations base for two major offshore wind farms…

Boskalis Wins Subsea Contract at Tyra Gas Field

Oct 04, 2018

Royal Boskalis Westminster N.V. has been awarded the Tyra Redevelopment Subsea Installation Phase II contract by Total E&P Denmark. Boka Atlantis (Photo: Boskalis) The sizable contract includes subsea engineering…

IMA Completes 12-month Study of the Floating Liquefaction and Regasification Market

Oct 04, 2018

International Maritime Associates has just completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals. The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector…

Aker Solutions to Provide Brownfield Services for BP in Angola

Oct 04, 2018

Aker Solutions has been awarded a five-year agreement to supply brownfield modifications, maintenance and operations support for BP's Greater Plutonio and PSVM fields offshore Angola. The work scope covers the supply of engineering…

Four New Innovation Challenges and Industry Pilots for Safetytech Startups

Oct 04, 2018

The Lloyd’s Register Safety Accelerator has opened a call to find innovative solutions to improve how complex safety risks are detected and managed in challenging industrial environments. This latest round of innovation challenges from the Safety…

IEA boss urges oil producers to ease supply concerns

Oct 04, 2018

Major oil producers must take 'the right steps' to ease supply concerns that have lifted crude prices to a four year-high, the head of the International Energy Agency told Reuters on Thursday. Fatih…

Stena Drilling Retires Semi-Submersible Rig

Oct 04, 2018

Stena Clyde. Image: Stena Drilling Stena Clyde (Australia) Pty Ltd have decided to remove the Stena Clyde from active service and retire the rig from the Stena Drilling fleet.The rig…

Stress Engineering Delivers Monitoring System to Noble Corporation

Oct 04, 2018

Pic - Noble Corporation Houston-based Stress Engineering Services has delivered a state-of-the-art real-time drilling riser and wellhead monitoring system (RFMS), in conjunction with…

Lundin Acquires Equinor's Luno II Stake

Oct 04, 2018

Image: Lundin Lundin Petroleum AB through its wholly-owned subsidiary Lundin Norway has entered into an agreement with Equinor Energy, under which Lundin Norway will acquire Equinor’s…

Smulders Orders Granada Cranes for Triton Knoll Offshore Wind Farm

Oct 04, 2018

Pic: Granada Granada further extend their offshore portfolio with a major contract win from Smulders, to design, manufacture, deliver and commission 90 of their unique Python cranes,…

Seaspan to Invest $200 Mln into Offshore Vessel Owner Swiber

Oct 04, 2018

Singapore-based offshore contractor Swiber has signed a $200 million deal with box ship player Seaspan Corporation, just days after it announced the expiry of a term sheet for a share swop arrangement with Australian power generation firm, Interlink Power & Energy Holdings…

Shell Okays Canadian LNG Project

Oct 04, 2018

Image: LNG Canada Royal Dutch Shell PLC revived a major Canadian liquefied-natural-gas project after years of delay. The 14-million-metric-ton-a-year project in British Columbia is the…

ONGC's Largest Deepwater Project Goes to BHGE, McDermott, L&T

Oct 04, 2018

Image: ONGC Indian multinational oil and gas gaint Oil and Natural Gas Corporation (ONGC) has awarded an contract for developing the Deep Water Project KG-DWN-98/2 (Cluster-2) in East Coast to a Consortium of Baker Huges GE…

Noble Energy Cashes Out of Tamar Petroleum After Egypt Gas Deal

Oct 03, 2018

Tamar (Photo: Noble Energy) Texas-based Noble Energy sold its 43.5 percent stake in Israel's Tamar Petroleum after announcing last week that it would help finance a gas export deal with Egypt…

Chevron Extends North Sea Contract with Petrofac

Oct 03, 2018

Petrofac’s Engineering and Production Services (EPS) division has secured a 12-month engineering services contract extension from Chevron North Sea Limited. The agreement, which has been held by Petrofac since 2014, commenced on September 30…

Interventek Secures $1.3m Order from PRT Offshore

Oct 03, 2018

Interventek Subsea Engineering has secured recent orders in excess of £1 million ($1.3 million) for itsRevolution in-riser shear and seal safety valve. Photo: Interventek Subsea Engineering The orders represent repeat business…

HAF Consortium Wins Brae Bravo Decom Deal

Oct 03, 2018

Image: Heerema Marine Contractors Heerema Marine Contractors (HMC) and AF Offshore Decom (AFOD), together known as the HAF consortium, have been awarded a contract with Marathon Oil Decommissioning Services for the Engineering…

Subsea 7, OneSubsea Bag Gulf of Mexico Contract

Oct 03, 2018

Image: Subsea 7 Offshore oil services firm Subsea 7 has announced the award of a sizeable contract by Fieldwood Energy to Subsea Integration Alliance, a global partnership between Subsea 7 and OneSubsea…

FSU Delivered to Bahrain LNG

Oct 02, 2018

Image: Teekay Corporation Teekay LNG’s first Floating Storage Unit (FSU) has been successfully delivered to charterer Bahrain LNG. The vessel delivered from the yard at the end of August…

GAC South Africa Delivers Convoy for BW Offshore

Oct 02, 2018

When GAC South Africa’s team in Cape Town was appointed to handle the passage of two tugs, Fairmount Summit and Fairmount Expedition, towing the floating production storage and offloading (FPSO) Berge Helene bound for the Far East, the odds seemed to be stacked against them…

OOS Serooskerke Undocked at CMHI Jiangsu

Oct 02, 2018

Image: OOS International China Merchants Heavy Industry (CMHI) Jiangsu shipyard has undocked OOS Serooskerke, OOS International's newest semi-submersible crane vessel (SSCV).'The undocking…

The OE Buoy is Taking Shape

Oct 02, 2018

An innovative high-tech wave device currently being built in the U.S. will offer marine-based big data centers the chance to power up while cooling down. A smaller prototype tested in Galway Bay, Ireland…

Putin to Meet Shell CEO in Moscow: Kremlin Aide

Oct 02, 2018

Ben van Beurden (Photo: Shell) Russian President Vladimir Putin will meet Royal Dutch Shell Chief Executive Ben van Beurden in Moscow this week, Kremlin aide Yuri Ushakov told reporters on Tuesday…

Stainless Steel Tubes for Extreme Offshore Conditions

Oct 02, 2018

At the ADIPEC in Abu Dhabi, Schoeller Werk will be presenting its comprehensive range of longitudinally welded stainless steel tubes. The focus will be on solutions for the oil and gas industry. The family company from Germany will be showing…

Unique Group to Provide Survey Vessel Package to Major Government Entity

Oct 02, 2018

Unique Group, a leading integrated subsea and offshore solution provider, has announced that its Marine & Subsea division has entered into a high value contract with the Southern African Shipyards to provide a turnkey package for Hydrographic Survey vessels and Hydrographic office set up…

i-Tech Mini ROVs a Boost for Inspection Fleet

Oct 02, 2018

image - i-Tech The Subsea 7 company i-Tech Services has strengthened its underwater inspection and maintenance capability with the provision of new mini ROVs for performing subsea operations in challenging environments…

Norway Approves Wintershall's $1.2 bln Nova Project

Oct 02, 2018

Image - Wintershall Holding GmbH Wintershall Norge has received official green light from Norwegian ministry of Petroleum and Energy for its plan for NOK 9.9 billion ($1.2 bln) development and operation for the Nova field in the North Sea…

Jadestone Energy Acquires Montara Offshore Australia

Oct 02, 2018

Singapore based independent oil firm Jadestone Energy announced that it has completed its acquisition of the Montara oil project, offshore Australia.Further to the Company’s previous announcements on July 16…

Neptune Energy Acquires VNG Norge

Oct 02, 2018

Image - Neptune Energy Oil and gas exploration company Neptune Energy Group announced that it has completed the acquisition of  the Norwegian and Danish offshore oil and gas assets of German gas utility VNG Norge AS…

ConocoPhillips Sells Greater Sunrise Fields To Timor-Leste

Oct 02, 2018

Image - ConocoPhillips U.S. oil and gas producer ConocoPhillips said that it has agreed to sell its 30 percent interest in the Greater Sunrise Fields to the government of Timor-Leste for USD350 million…

ExxonMobil Expands Footprint in Brazil

Oct 02, 2018

Image - ExxonMobil ExxonMobil has won additional acreage in Brazil’s 5th pre-salt bid round, adding more than 71,500 net acres to ExxonMobil’s deepwater portfolio offshore in the Latin American country…

Inpex Ships First Condensate Cargo from Ichthys FPSO

Oct 02, 2018

Image - Inpex Inpex Corporation announced the departure of its first shipment of condensate from the Inpex-operated Ichthys LNG Project.The cargo departed from the Project’s massive offshore floating production…

i-Tech Services Adds Mini ROV Capability

Oct 01, 2018

i-Tech Services, a Subsea 7 company, has strengthened its underwater inspection and maintenance capability with the provision of new mini remotely operated vehicles (ROV) for performing subsea operations in challenging environments. (Photo…

New Ocean Technology Powerhouse Emerges from Norway

Oct 01, 2018

Photo: Global Ocean Technology Group Building on maritime and offshore expertise gained through decades of experience serving the ocean industries from Norway, newly formed Global Ocean…

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