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Trump Extends Offshore Drilling Ban in North Carolina, Virginia

Sep 27, 2020

U.S. President Donald Trump said on Friday he had extended a ban until 2032 on oil drilling off the coast of North Carolina and Virginia, weeks after a similar extension affecting offshore drilling in the waters off Florida, Georgia, and South Carolina.'I'm extending the moratorium to North Carolina and Virginia,' Trump said to applause at a campaign rally in Newport News, Virginia.The Trump administration…

Edison Chouest's C-Innovation Acquires Caltex Oil Tools

5 hours ago

Edison Chouest Offshore's marine services affiliate C-Innovation has acquired the controlling interest in Caltex Oil Tools, a provider of equipment rentals, services, and customized engineering capabilities to the offshore industry.C-Innovation said that the Houston-based Caltex…

SLPE to Design Foundations for Inch Cape Offshore Wind Farm

5 hours ago

UK-based engineering company Sea and Land Project Engineering (SLPE) has won the bid for the provision of a wind turbine foundation concept design for the Inch Cape offshore wind farm in Scotland, UK.The Inch Cape offshore wind farm project is being developed by Red Rock Power Limited subsidiary…

RWE Signs Deals to Expand Lease Areas of Four Offshore Wind Farms in UK

6 hours ago

Renewables giant RWE has, together with its partners, signed agreements in the UK to expand the existing offshore wind farms Gwynt y Môr, Galloper, Greater Gabbard, and Rampion. The granted seabed leases comprise extension projects with a combined potential installed capacity of around 1…

Vattenfall Launches Floating Solar Farm in The Netherlands (VIDEO)

8 hours ago

Swedish power company Vattenfall has inaugurated its first floating solar farm in Gendringen, the Netherlands.The solar farm, with a capacity of 1.2 megawatts, was built on the site of the sand and gravel extraction company Netterden.'This means that from now on…

U.S., Greece Call for Peaceful Resolution of East-Med Maritime Disputes

11 hours ago

The United States and Greece called on Monday for a peaceful resolution of maritime disputes in the east Mediterranean as U.S. Secretary of State Mike Pompeo began a two-day trip to Greece amid increased regional tension over energy resources…

CNOOC Starts Oil Production from Liaodong Bay Field

11 hours ago

Chinese oil company CNOOC said Monday that the Jinzhou 25-1 oilfield 6/11 area in Liaodong Bay, China, had started production.Jinzhou 25-1 oilfield 6/11 area is located in central Liaodong Bay in Bohai with average water depth of 22.5 meters…

Noreco: New Jackets Installed at Tyra Project, Offshore Denmark

11 hours ago

Two new jackets have been installed at the Total-operated Tyra redevelopment project offshore Denmark, Noreco, a partner in the project has informed.The Tyra field located 225km west of Esbjerg, Denmark, is the largest gas condensate field in the Danish Sector of the North Sea…

Brazil: Total Transfers Foz do Amazonas Block to Petrobras

12 hours ago

French oil major Total will transfer its rights in five blocks in Foz do Amazonas Basin off Brazil to Brazil's national oil company Petrobras, and exit the basin.To remind, Total earlier in September announced its decision o give up operatorship over the five exploration blocks in ultra-deep waters…

Udenna Wants to Take Shell's Malampaya Stake

13 hours ago

Philippine oil and shipping group Udenna Corp on Monday expressed interest in acquiring Royal Dutch Shell PLC's 45% stake in the Malampaya gas-to-power project, in partnership with state-owned Philippine National Oil Company (PNOC).Shell is…

Canada Commits Nearly $240 Mln to Aid Offshore Oil Industry

Sep 25, 2020

Canada will spend C$320 million ($238.56 million) to support its offshore oil industry in Newfoundland and Labrador, which has struggled as coronavirus pandemic travel restrictions reduced demand, the government said on Friday.The funds are…

Looming Strike Could Close 22% of Norwegian Oil and Gas Output

Sep 25, 2020

Norwegian oil firms plan to close down 22% of the country's oil and gas output, or 900,000 barrels of oil equivalent per day, if workers go on strike next week, the Norwegian Oil and Gas Association (NOG) said on Friday.Some 324 workers out of 7…

Denmark Launches Tender for Its Largest Offshore Wind Farm

Sep 25, 2020

Denmark on Friday launched the tendering process for what will be its largest offshore wind farm - Thor.Thor will have a capacity of 800-1000 MW when it is fully installed and connected to the grid, which is expected to happen by 2027, at the latest…

Norway: 'High Interest in Offshore Exploration Blocks'

Sep 25, 2020

The Norwegian authorities have received applications from 33 oil companies for the offshore acreage to be awarded in the licensing round Awards in Predefined Areas (APA) 2020.Norwegian Minister of Petroleum and Energy, Tina Bru: 'In a challenging year for the petroleum industry…

OKEA Buys Into Calypso Prospect Near Draugen Field

Sep 25, 2020

Norwegian oil company OKEA will acquire an interest from Neptune Energy in an offshore block in Norway containing the Calypso prospect, with a potential of up to 37 million barrels of oil.OKEA will take a 30% working interest in the production license PL938…

Current News

GIEK Banks on Renewable Energy

GIEK Banks on Renewable Energy

Edison Chouest's C-Innovation Acquires Caltex Oil Tools

Edison Chouest's C-Innovation Acquires Caltex Oil Tools

SLPE to Design Foundations for Inch Cape Offshore Wind Farm

SLPE to Design Foundations for Inch Cape Offshore Wind Farm

RWE Signs Deals to Expand Lease Areas of Four Offshore Wind Farms in UK

RWE Signs Deals to Expand Lease Areas of Four Offshore Wind Farms in UK

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