Offshore Energy News

 

IEA predicts slowing global demand

Oct 13, 2015

Global demand growth is expected to slow from its five-year high of 1.8 MMb/d in 2015 to 1.2 MMb/d in 2016 – closer towards its long-term trend as previous price support is likely to wane, the IEA Oil Market Report for October informed subscribers…

SAAM SMIT inks Damen tug

Oct 13, 2015

Image: ASD Tug 2913/Damen Shipyards  SAAM SMIT Towage, the joint venture between SAAM of Chile and Dutch company Royal Boskalis Westminster, has signed a contract for the purchase of a Damen Tug 2913 for delivery in early 2016…

DONG removes WWII bombs from Norfolk coast

Oct 13, 2015

More than 40 items of unexploded ordnance (UXO) from World War II have been safely detonated or removed from the Norfolk coast, having been discovered on the export cable route for DONG Energy’s Race Bank offshore wind farm.   Image…

German offshore windfarm inaugurated

Oct 09, 2015

Borkum Riffgrund 1 offshore wind power plant was officially inaugurated offshore Germany. The wind power plant equipped with 78 Siemens wind turbines, each with a capacity of 3.6 megawatts (MW) and a rotor diameter of 120m, will supply around 320…

Erin Energy releases new resource estimate for Ghana discoveries

Oct 05, 2015

Erin Energy Corp. announced that the resource volume assessment of the three previously discovered fields (Tano North, Tano West, and Tano South) has been completed in the Expanded Shallow Water Tano (ESWT) Block, located offshore Ghana. The ESWT block is operated by its subsidiary company…

EIC appoints new president

Oct 05, 2015

Image from EIC. The Energy Industries Council (EIC) announced the appointment of its new president Chris Haynes. Haynes is a senior oil and gas industry professional with almost 40…

Technip gets Stones contract

Oct 02, 2015

Image: Deep Blue/Technip Shell awarded Technip a contract for the development of subsea infrastructure for the Stones project. Included in the service are two subsea production tie-backs to the floating production…

Orgneftekhim standardizes AVEVA software

Sep 30, 2015

AVEVA announced that Orgneftekhim Holding, the parent company for a number of Russian engineering institutes and construction and procurement companies, has standardized on AVEVA Everything3D (AVEVA E3D) for all engineering and design projects…

Amec Foster Wheeler expands UAE operations

Sep 30, 2015

Image: Garry Dryburgh, Amec Foster Wheeler’s president for the Middle East and Africa with engineering manager Bindu Satheesh at the opening of the company’s new office in Abu Dhabi/Amec Foster Wheeler Amec…

African Petroleum announces new CEO

Sep 30, 2015

African Petroleum Corp. has appointed Jens Pace as CEO after Stuart Lake, now former CEO and executive director, is stepping down with immediate effect for health reasons. Pace currently serves as chief operating officer, and will assume the position of CEO…

Oceaneering wins vessel contract off India

Sep 30, 2015

Oceaneering International announced that its subsidiary Oceaneering International GmbH has entered into a two-year, subsea field support vessel services agreement with an oil and gas company in India for use of the Island Pride. Anticipated…

Sea Lion-1 drilling delayed

Sep 29, 2015

Hibiscus Petroleum is experiencing further delays at Sea Lion prospect offshore Australia due to weather delays, according to partner 3D Oil Ltd.'s (TDO). The drilling of the Sea Lion-1 exploration well has been further delayed due to continuing…

GMS newbuild gets first contract

Sep 29, 2015

Gulf Marine Services' GMS Scirocco newbuild has been completed ahead of schedule and under budget and has been awarded its first contract.  The vessel will commence a four-month contract (three months firm with a one-month option) in October for an engineering…

ATCE15: Baker Hughes introduces DeclineShift for mature assets

Sep 28, 2015

Baker Hughes announced the commercial release of its DeclineShift mature asset solution. “As wells and fields age, operating costs tend to rise as production declines. Operators have generally tried to meet this challenge by lowering cost per barrel…

Newpark Drilling Fluids gets new VP

Sep 28, 2015

Newpark Drilling Fluids announced the appointment of Tim Armand as vice president of US Offshore Operations. Armand began his career in the energy industry with Tetra nearly 30 years ago. He has since gained invaluable experience…

Current News

TechnipFMC Bags Seagull iEPCI Award

TechnipFMC Bags Seagull iEPCI Award

Pacific Drilling Taps Harris as CFO

Pacific Drilling Taps Harris as CFO

Eastern Med Heats Up

Eastern Med Heats Up

OGA Revises Stewardship Expectations

OGA Revises Stewardship Expectations

Emerson Enables Automation at Shah Deniz 2

Emerson Enables Automation at Shah Deniz 2

Saipem Tallies $160 Mln Drilling Contracts

Saipem Tallies $160 Mln Drilling Contracts

Halliburton Profit Beats Estimates

Halliburton Profit Beats Estimates

Subscribe for OE Digital E‑News

OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week