Offshore Energy News - page 403

 

Sustainable Marine's 'Ultra-durable' Tidal Turbine Rotors Can Stay in the Field for 20 Years

Jul 07, 2021

Scottish tidal energy technology company Sustainable Marine said Wednesday its new turbine rotors have proven they can survive for two decades in the field, following rigorous tests at a marine energy center in Ireland.The company teamed up…

Petronas, CNOOC in $7B LNG Supply Deal

Jul 07, 2021

Malaysia's state oil firm Petronas has signed a 10-year liquefied natural gas (LNG) supply agreement with a subsidiary of China's offshore oil and gas major CNOOC Ltd valued at about $7 billion, the firm said on Wednesday.Petronas, or Petroliam Nasional Berhad…

Kongsberg Maritime to Equip Cadeler's Next-gen Wind Turbine Installation Vessels

Jul 07, 2021

Norway's Kongsberg Maritime has secured contracts with Chinese shipbuilder COSCO Shipping (Qidong) Offshore for the delivery of its Wind Turbine Installation Vessel (WTIV) technology.Under the deal worth 49 million euros (around $58 million)…

BW Ideol Enters Floating Wind Partnership with Japanese Refiner Eneos

Jul 07, 2021

Oslo-listed floating wind tech developer BW Ideol has signed a deal with Japan's largest oil refiner Eneos to develop a site-specificcommercial-scale floating offshore wind farm off Japan.The floating wind farm would be based on BW Ideol's patented Damping Pool technology…

Shell to Hike Shareholder Returns After Sharp Rise in Oil Price

Jul 07, 2021

Royal Dutch Shell on Wednesday said it would boost its returns to shareholders via share buybacks or dividends after a sharp rise in oil and gas prices helped it reduce debt.It will increase its distribution to shareholders to 20% to 30% of cash flow from operations beginning in the second quarter…

Boost to Green Energy Investment Could Create 10 Million New Jobs

Jul 07, 2021

From offshore wind farms in Britain to floating solar power plants in Vietnam, about 13,000 renewable energy projects in nearly 50 countries are waiting for finance - and could create up to 10 million green jobs, consultancy EY-Parthenon said on Wednesday…

Equinor Drills Duster Near Troll Field Off Norway

Jul 07, 2021

Norwegian oil company Equinor has drilled a dry well near the Troll field in the North Sea offshore Norway.The company drilled the wildcat well 31/11-1 S in the production licence 785 S around 55 kilometers south of the Troll field in the North Sea and 100 kilometers southwest of Bergen…

Woodside Energy Wraps Purchase of Far's Stake in Sangomar Project Off Senegal

Jul 06, 2021

Australian oil and gas company Woodside Energy has completed the acquisition of the entire participating interest of oil company FAR in the offshore area in Senegal containing the Woodside-operated Sangomar development. The purchase price for Far's stake in the Rufisque Offshore…

TechnipFMC Tallies 'Significant' Order From Tullow in Ghana

Jul 06, 2021

Oilfield services firm TechnipFMC said Tuesday it had won a 'significant' Engineering, Procurement, Construction, and Installation contract for Tullow's Jubilee South East development, offshore Ghana. For TechnipFMC, a “significant” contract is between $75 million and $250 million…

VIDEO: Pioneering Spirit Vessel Removes Valhall Platform Jacket

Jul 06, 2021

Allseas' giant Pioneering Spirit offshore installation and decommissioning vessel has earlier this month removed 2500-t Valhall Quarters Platform (QP) lower jacket out of the water in the North Sea, off Norway.'The jacket on Valhall QP has now been removed and is on its way to Stord for recycling…

Petrofac Stays on Neptune's Cygnus Platform as $14M Extension Agreed

Jul 06, 2021

UK-based oilfield services company Petrofac has secured a three-year contract extension from Neptune Energy for the provision of operations and maintenance services for Neptune Energy’s Cygnus Alpha platform in the Southern North Sea. The contract extension…

Petro+ to Buy Petrobras' Alagoas Cluster Fields for $300M

Jul 06, 2021

Brazilian oil firm Petrobras has struck a deal with compatriot company Petro+ to sell it its stake in a set of seven onshore and shallow water concessions denominated Alagoas Cluster, located in the state of Alagoas, Brazil for $300 million…

PGS, TGS Kick Off 3D Survey Offshore Canada

Jul 06, 2021

Norwegian offshore seismic data firms TGS and PGS have partnered up and started the second phase of a multi-client survey offshore East Canada.The project, called Lewis Hills 3D multi-client phase 2, includes the acquisition of 947 square kilometers of additional 3D data…

Jan De Nul Orders Hi-Tech Pile Gripper for its Les Alizés Installation Vessel

Jul 06, 2021

Offshore installation firm Jan De Nul Group has ordered an advanced electrical Motion-Compensated Pile Gripper for its new floating installation vessel Les Alizés. The custom-made gripper, to be delivered by Imeca, with an integrated X-Laboratory guidance and survey system…

Uptime Gangways for North Star Renewables SOV Trio

Jul 06, 2021

Norway-based offshore access solutions provider Uptime International won contracts from VARD to deliver three walk-to-work systems to be included on offshore wind Service Operation Vessels VARD will build for North Star Renewables.Uptime will…

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