Offshore Energy News - page 444

 

One-Year Extension: Petrofac to Keep Servicing NEO Energy's North Sea Assets

Apr 13, 2021

Oilfield services company Petrofac has secured a one-year extension to its integrated services contract with NEO Energy in the UK North Sea.'The extension, awarded eight months ahead of the renewal date, takes Petrofac’s contract for operations…

NJ's PSEG Wraps Buy of 25% in 1,1GW U.S. Offshore Wind Project from Ørsted

Apr 13, 2021

Offshore wind developer Ørsted has completed the sale of a 25% stake in its 1,1 GW Ocean Wind offshore wind project off the coast of Atlantic City to New Jersey’s Public Service Enterprise Group (PSEG).Ocean Wind is a 1,100 MW offshore wind farm located 15 miles off the coast of southern New Jersey…

Woodside CEO Coleman to Retire in June

Apr 13, 2021

Australian oil and gas company Woodside said Tuesday its CEO Peter Coleman would retire from the company on June 3, 2021.'This follows the announcement in December 2020 of Mr. Coleman’s intention to retire from Woodside in 2021, by which time Mr…

Saipem Bags Additional Offshore Work in Qatar Worth $350M

Apr 13, 2021

Qatari gas company Qatargas has awarded additional work to Italy's Saipem within the North Field Production Sustainability Offshore Project, following a $1.7 billion contract announced in February.Qatargas has now exercised two options for additional work under the project…

Nexans Awards $23,5M ROV Contract to IKM Subsea

Apr 13, 2021

Nexans Norway, a company building and installing subsea cables for the international offshore energy industry, has signed a  ROV services contract with ROV specialist IKM Subsea.Under the contract, IKM Subsea, based in Bryne, Norway, will deliver ROV services on vessels Nexans Skagerrak…

At Brazil's Petrobras, a 'Spartan' Military Man Takes the Reins

Apr 12, 2021

For many investors, the appointment of former army general Joaquim Silva e Luna as the new chief executive of Brazil's state-run oil company Petrobras was unexpected - and unwelcome.President Jair Bolsonaro announced the 71-year-old Luna would take the helm of Petroleo Brasileiro SA…

Bosch Rexroth Presents "Disruptive" Electric Subsea Valve Actuator

Apr 12, 2021

Bosch Rexroth said Monday it would present 'a disruptive innovation' for electrically actuating valves in the subsea process industry at Hannover Messe (April 12-16, 2021). 'The new SVA R2 Subsea Valve Actuator is the world’s first electric…

ADM, Eunisell Exploring Barracuda Field Development Options

Apr 12, 2021

Oil and gas investment company ADM Energy which in March agreed to invest in the development of the Barracuda oil field in OML 141,  an existing discovery and near-term production asset in swamp/shallow waters offshore Nigeria, has signed a…

Lebanon Expands Claim in Maritime Area Dispute with Israel

Apr 12, 2021

A senior cabinet minister said on Monday he had signed a document expanding Lebanon's claims in a row with Israel over their maritime border that has held up hydrocarbon exploration in the potentially gas-rich area.The amendment would add around 1…

Equinor Secures Approvals to Drill Two North Sea Wildcats

Apr 12, 2021

Norway's Equinor has received approvals to drill two offshore wells in the production licence 090 in the North Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which has granted the regulatory approvals for the drilling operations…

Marlink Gets OK to Acquire ITC Global from Panasonic

Apr 12, 2021

Maritime connectivity and IT solutions provider Marlink Group has obtained final regulatory approvals to acquire 100% of ITC Global from Panasonic. 'The Marlink and ITC Global management teams are preparing for a swift closing of the transaction in the coming weeks…

Fugro, MMT Tapped for Seabed Mapping Work at Danish Wind Energy Hub in North Sea

Apr 12, 2021

Dutch offshore survey firm Fugro and Sweden's MMT have won contracts with the Danish grid operator Energinet, to carry out seabed surveys for the Danish Energy Island project in the North Sea.The contracts follow an announcement by the Danish…

Eni Behind the Acquisition of KrisEnergy's Vietnam Block

Apr 12, 2021

Southeast Asia-focused oil firm KrisEnergy, after several delays, on March 31 completed the sale of its Block 115/09 offshore Vietnam, to an unnamed international major, never saying who the buyer was.Some two weeks later, on Monday, April 12…

Heerema to Transport and Install Offshore Converter Platform for Sofia Wind Farm

Apr 12, 2021

Dutch offshore installation specialist Heerema Marine Contractors has signed a deal with Singapore's Sembcorp Marine to transport and install an HVDC offshore converter platform for RWE's 1.4 GW Sofia offshore wind farm in the UK.Sembcorp Marine’s…

Derazona Orders Airbus' H160 Helicopter for Oil and Gas Sector in Indonesia

Apr 12, 2021

Derazona Helicopters in Indonesia has ordered an Airbus H160 helicopter to be used to support the country’s oil and gas sector's operations. 'The multi-mission H160 will play an important role in the expansion plans of the Indonesian operator for oil and gas…

Current News

New York Terminates Offshore Wind Transmission Plan Due to Federal Uncertainty

New York Terminates Offshore W

Equinor Opts for CHC Helicopter to Service Two North Sea Fields

Equinor Opts for CHC Helicopte

High-Voltage Substation for RWE’s Thor Wind Farm Sails Away from HSM Offshore

High-Voltage Substation for RW

EnerMech Bags Two-Year O&M Services Extension in North Sea

EnerMech Bags Two-Year O&M Ser

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine