Offshore Energy News - page 471

 

Aibel, Hitachi ABB Power Grids Win Dogger Bank Phase 3 Deal

Feb 17, 2021

Aibel and Hitachi ABB Power Grids have secured contracts to deliver the offshore platform and associated transmission link for the third phase of the world’s largest offshore wind farm, the Dogger Bank in the UK.The Dogger Bank wind farm(s)…

FPSO Firm BW Offshore Buys Into Floating Wind Tech Company Ideol

Feb 17, 2021

BW Offshore, a company mainly known as the operator of FPSO vessels in the oil and gas industry, is creating what it calls 'a floating offshore wind champion targeting large-scale projects,' following an agreement signed Wednesday to buy into the floating offshore wind tech developer Ideol…

Strohm to Deliver TCP Jumper for Allseas' Deepsea Mining System

Feb 17, 2021

Offshore installation and construction company Allseas which is working to get into the subsea mining business, has awarded a contract to Strohm to deliver a composite jumper for its in deepsea mining technology.Last year, Allseas announced…

Norway's January Gas Production Exceeds Forecasts. Oil in Line with Expectations

Feb 17, 2021

Norway’s preliminary natural gas output exceeded official forecasts, while oil production was in line with expectations, data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday.Crude oil output slipped 0.6% from December to 1.8 million barrels per day (bpd) in January but was 9…

In a First, BP Offers Employees Shares in Rallying Cry for Low-carbon Shift

Feb 17, 2021

Oil major BP is launching its first share award scheme to rally its more than 60,000 employees around CEO Bernard Looney’s plan to shift to renewable energy following a bruising year of mass layoffs, bonus suspensions, and spending cuts.The distribution of the shares…

Lukoil Offers to Buy FAR to Get Hold of Sangomar Field Stake Offshore Senegal

Feb 17, 2021

Russian oil company Lukoil is still working to obtain a share in the offshore block in Senegal containing the Sangomar development, after its first attempt last year to buy Cairn's share in the project was blocked out by Woodside, which exercised its pre-emption rights as a partner in the block…

Norway: Oil Firms Increase 2021 Spending Plans. Decline Expected in 2022

Feb 17, 2021

Oil and gas firms in Norway have increased their 2021 investment plans in recent months, but still plan to spend less than last year and to reduce spending in 2022, a national statistics office (SSB) survey showed on Wednesday.The biggest sector in Norway now expects to invest 173…

Shearwater to Carry Out Largest OBN Seismic Survey in Brazil

Feb 17, 2021

Marine seismic data acquisition company Shearwater GeoServices has won a contract with Petrobras for deepwater Ocean Bottom Node seismic acquisition for the Tupi and Iracema projects in the Santos Basin offshore Brazil.'This will be the largest OBN seismic survey in Brazil…

Vertical Axis Floating Wind Turbine Developer Granted Japanese patent

Feb 16, 2021

SeaTwirl, a Swedish company developing vertical-axis floating wind turbines, has said that it has been granted a patent by the Japanese Patent Office for its divisible wind turbine. According to the company, the patent protects a solution where…

Energy Charter Treaty Talks: EU to Seek Fossil Fuel Phase-out

Feb 16, 2021

The European Union's executive will push for a 10-year phase-out of the protection for fossil fuels under an international energy treaty, following calls from some countries to quit the accord unless it can be aligned with Europe's climate goals…

Equinor Hires Aker Solutions to Help Electrify Troll B and C Platforms

Feb 16, 2021

Norway's Aker Solutions has secured a letter of intent from Equinor to carry out the topside work on the Troll B and C platforms offshore Norway to prepare them for power from shore, in order to reduce the CO2 emissions.Aker Solutions said the contract was very large…

Iberdrola Looking to Spend $1.2 B on 'Industrial-scale' Floating Wind Farm

Feb 16, 2021

Energy group Iberdrola plans to spend more than 1 billion euros ($1.2 billion) on an industrial-scale floating wind power farm off the Spanish coast if it secures help from a fund that seeks to lift Europe out of a coronavirus recession.The…

Mooring Solutions Firm FMS Bolsters Survey and Positioning Services

Feb 16, 2021

Aberdeen-based offshore energy mooring solutions provider First Marine Solutions (FMS), said Tuesday it had invested in a new office and workshop premises to bolster its survey and positioning services. It has also made new appointments.The…

Seismic Player Axxis Geo Solutions Seeks Court-Protected Restructuring

Feb 16, 2021

Norwegian offshore seismic services company Axxis Geo Solutions will file for court-protected restructuring, it said Tuesday.Axxis said it had not been able to reach an agreement with all creditors in order to implement a voluntary solution to refinance the company…

Technip Energies Shares Soar on First Trading Day

Feb 16, 2021

Shares in Technip Energies skyrocketed on Tuesday, the first trading day after Franco-American oilfield company TechnipFMC split its engineering and construction activities from its upstream oil services business.Shares were up 31.5% at 11.83 euros at 0901 GMT ($14…

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