Offshore Energy News - page 53

 

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.Leading the charge is China…

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.The report said that  the LNG production…

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.Ben Backwell, CEO of the Global Wind Energy Council, says: “We are delighted to have Shell join GWEC’s board…

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.  American Securities and certain…

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.These collaborations…

Renewables: Ingeteam Gets DNV GL Approval in India

Oct 23, 2018

Ingeteam, an independent global supplier of electrical conversion equipment, announced today that it received DNV GL’s “Shop Approval in Renewable Energy” certification for the wind converter manufacturing facility recently established by the company in the Tamil Nadu region…

Andy Richardson Joins as COO of SimecAtlantis Energy Limited

Oct 23, 2018

Simec Atlantis Energy  announced that it has appointed Mr. Andy Richardson into the role of Chief Operating Officer at Simec Atlantis Energy.A press release from the global developer, owner and operator of sustainable energy projects with a diversified portfolio of more than 1…

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.The Cooperation…

ADNOC Offshore Says Nasr Field Facilities Completed

Oct 22, 2018

Abu Dhabi's state-owned ADNOC Offshore has completed the installation of all Nasr field facilities, said a company tweet on Sunday.''This megastructure is one of the largest supercomplexes in the world, with Nasr field contributing to ADNOC’s end of 2018 oil production capacity target of 3…

Total and CNOOC Strengthen LNG Partnership

Oct 22, 2018

French energy group Total and China's CNOOC have strengthened their existing partnership in the liquefied natural gas (LNG) sector to increase their output, the companies said on Monday.Total and CNOOC said they had agreed to increase the contract volume from 1 million tons per annum (Mtpa) to 1…

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.Total planned capacity additions is forecasted to reach 700 Mtpa by 2030 driven by expansions in China and India…

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…

Advance Information of Berths in Ports Can Cut Cost and Emission

Oct 19, 2018

If seagoing vessels were better informed about the availability of berths and adapted their speed accordingly, substantial savings could be made in terms of fuel and CO2 emissions. This conclusion is based on a study that was recently commissioned…

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…

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