Offshore Energy News - page 64

 

Saipem Nets Offshore Engineering Services Deal with Equinor

May 26, 2020

Italian provider of oilfield and renewable energy services Saipem has signed a two-year frame agreement with Norway's Equinor covering offshore engineering services worldwide.Per Saipem's statement on Tuesday, The frame agreement covers feasibility and conceptual studies…

Fugro IOVTEC Wins Survey Work at Hai Long Wind Farm Sites

May 26, 2020

Fugro IOVTEC, a JV between Dutch Fugro and Taiwan's IOVTEC, has secured an offshore geotechnical site investigation project in Taiwan for the Hai Long 2 and Hai Long 3 offshore wind farms. The Hai Long offshore wind farms are being co-developed by Northland Power Inc…

Guyana Received $4.9M in Oil Royalties in 1Q

May 26, 2020

Guyana received $4.9 million in royalty payments for oil production at the offshore Stabroek block in the first quarter, the finance ministry said on Monday, a period that included the South American country's first crude exports.The crude produced…

Conrad: Mako Discovery One of 'Largest Ever' in West Natuna Basin

May 26, 2020

Conrad Petroleum, the operator of the Duyung offshore block in Indonesia containing the Mako gas field, has said that an independent resource audit has shown that  Mako is one of the largest gas fields ever discovered in West Natuna Basin.Following the drilling campaign completed in late 2019…

Siemens Gamesa's Giant New Wind Turbines Planned for Taiwan Offshore Wind Project

May 26, 2020

Offshore wind turbine builder Siemens Gamesa Renewable Energy (SGRE) is planning to deploy its recently unveiled 14MW wind turbines for an offshore wind project in Taiwan.SGRE, which launched its new SG 14-222 DD offshore Direct Drive wind turbine with 14-megawatt (MW) capacity last week…

Tekmar Boosts U.S. Offshore Wind Presence

May 26, 2020

Tekmar Group, a UK-based offshore services provider, has announced the involvement of its operating companies; Ryder Geotechnical, Agiletek Engineering, Tekmar Energy, and Pipeshield International in the Coastal Virginia Offshore Wind Project (CVOW) on the East Coast of the US…

NOIA: U.S. Offshore Drilling Ban Would Crush Jobs, Govt Revenues

May 26, 2020

A U.S. ban on new offshore drilling in the Gulf of Mexico, which presidential hopeful Joe Biden promised to enact if elected, would lead to hundreds of thousands of job losses and billions in lost government revenue over 20 years, an offshore drilling industry group said on Tuesday…

BPC Hires Stena Drillship for Bahamas Drilling

May 26, 2020

Bahamas Petroleum Company (BPC) has signed an offshore drilling rig contract with Stena Drilling. BPC will use the drilling rig to drill its Perseverance #1 prospect offshore The Bahamas.As previously reported, Bahamas has postponed the Perseverance…

QP: North Field Works Going Full Steam Ahead

May 25, 2020

Qatar Petroleum's Saad Sherida Al-Kaabi in a webinar last week said the country was pressing ahead with the giant offshore North Field expansion despite the dire situation in the energy market where he feels it'll take 1-2 years for demand to…

Lukoil Installs Accommodation Platform Jacket at Caspian Sea Field

May 25, 2020

Russian oil company Lukoil has completed the installation of a jacket for an accommodation platform topside at the V.I. Grayfer field in the Caspian Sea. The offshore operations involved 110 workers and nine vessels, Lukoil said Monday.The facility…

Poland's PGNiG Expects Over 100,000 Tons of Oil from Skogul in 2020

May 25, 2020

Polish oil company PGNiG said Monday it expects to produce about 115 tons of oil from the Skogul field offshore Norway in 2020.First oil from Skogul, located in the North Sea, offshore Norway was achieved in March, 2020. was achieved during the quarter…

Delek Sells Karish and Tanin Fields Rights for $90M

May 25, 2020

Israel's Delek Group said on Monday it agreed to sell its rights to royalties from oil and gas produced at the Karish and Tanin fields, which are held by Energean, for 318 million shekels ($90 million).The sum will be divided between Delek and its subsidiary Delek Energy…

ConocoPhillips to Use Rowan Norway Jack-Up for Ekofisk P&A

May 25, 2020

Oil company ConocoPhillips has been given permission to use the Rowan Norway jack-up unit at its Ekofisk field in the Norwegian sector of the North Sea.The consent was granted by the Petroleum Safety Authority Norway and relates to the plugging…

Low Oil Prices Could Spur Offshore Decommissioning Wave

May 25, 2020

The total value of the global pool of offshore oil and gas decommissioning projects that will accumulate through 2024 could reach $42 billion, with the North Sea region taking up the biggest chunk, most notably the UK part, energy intelligence company Rystad Energy said in a report…

Fugro Gets $17.3M from Huawei Marine Networks Deal

May 25, 2020

Dutch offshore services provider Fugro has said it has received $17.3 million from the sale by Global Marine Group of a 30% stake in Huawei Marine Networks (HMN) to Hengtong Optic-Electric Co Ltd.  The proceeds are in addition to EUR 34.0 million…

Current News

Guyana Nears Deal with Exxon for Payara Project

Guyana Nears Deal with Exxon for Payara Project

Canada Commits Nearly $240 Mln to Aid Offshore Oil Industry

Canada Commits Nearly $240 Mln to Aid Offshore Oil Industry

Petrobras Eyes Sale of Albacora Offshore Fields

Petrobras Eyes Sale of Albacora Offshore Fields

OHT set for Merkur Market Debut

OHT set for Merkur Market Debut

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