Offshore Engineer Industry News News - page 3

 

Petronas Strikes Oil Offshore Indonesia

Feb 24, 2021

Malaysian oil company Petronas said Wednesday it had made an oil discovery at the Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract (PSC), offshore East Java,  Indonesia. Petronas' subsidiary PC North Madura II Ltd…

Israel: TechnipFMC Wins More Karish Work

Feb 24, 2021

Oilfield services giant TechnipFMC has secured more offshore oil and gas work with the oil and gas company Energean.After it in March 2018 received a $1.36 billion EPCI contract from Energean to supply an FPSO for the Tanin/Karish gas fields offshore Israel…

Petrobras Board Calls for Meeting to Oust CEO

Feb 24, 2021

The board of Brazilian state-run oil company Petrobras on Tuesday called an extraordinary shareholders' meeting, a move that all but guarantees the exit of Chief Executive Roberto Castello Branco.In a statement, Petroleo Brasileiro SA, as the company is officially known…

Oxy CEO: Low-carbon Business Earnings Could Match Oil

Feb 24, 2021

Occidental Petroleum Corp expects its low-carbon business to generate earnings equal to its oil and gas production business in the coming decades, Chief Executive Vicki Hollub told analysts on Tuesday.Occidental has been an early mover among U…

Report: SBM Offshore Only Bidder for Petrobras' Mero 4 FPSO

Feb 24, 2021

Brazil's state-controlled oil company Petrobras received only one proposal, from Dutch SBM Offshore, in a bid to contract construction of the Mero 4 oil platform [FPSO] in the Santos Basin pre-salt, two sources with knowledge of the matter told Reuters…

Subsea LiDar Specialist Ventures into Offshore Geophysical Survey Business

Feb 23, 2021

3D at Depth, a company specializing in commercial Subsea LiDAR (SL) laser technology, and a provider of underwater survey services and 3D data solutions, on Tuesday announced the launch of its offshore Geophysical Survey Services division. According to 3D at Depth…

Transocean Posts 4Q Net Loss. Revenue Drops

Feb 23, 2021

Offshore drilling contractor Transocean reported a net loss attributable to controlling interest of $37 million for the fourth quarter of 2020.For comparison, for the fourth quarter of 2019, the company's net loss attributable to controlling interest was $51 million…

Floating Offshore Wind: The Next Big Thing for Asia Pacific?

Feb 23, 2021

Floating offshore wind, despite the currently low installed capacity, could be the next frontier in wind power development in the Asia Pacific with almost limitless potential, says Wood Mackenzie, adding the total investment in the sector could be worth US$58 billion…

UK-based Enermech Eyes Oil & Gas Work in Mozambique

Feb 23, 2021

Aberdeen-based energy industry services company EnerMech has appointed Celestino Maússe to the newly created role of Mozambique country manager as the company seeks to expand its business as local activity ramps up.In his new role, Enermech said…

Europe's Largest: CIP to Launch Offshore Wind-powered Ammonia Plant in Denmark

Feb 23, 2021

Danish energy infrastructure investments firm Copenhagen Infrastructure Partners is looking to build what it says is Europe’s largest production facility of CO2-free green ammonia, with the final product aimed at the shipping and agriculture sector as a means to reduce emissions…

Premier Oil, Chrysaor Merger Gets Approvals from Regulators in UK, Mexico

Feb 23, 2021

UK-based oil company Premier Oil said Monday that all of the regulatory conditions relating to its merger with Chrysaor 'have now been satisfied and all of the requisite anti-trust approvals have been received.'Premier oil said following receipt of notice from the Oil and Gas Authority (OGA)…

DEME Offshore to Install Giant Monopiles for Baltic Sea Wind Farm

Feb 23, 2021

Belgian offshore installation company DEME Offshore has been awarded a substantial contract to deliver foundations for Parkwind's offshore wind farm in the Baltic Sea, offshore Germany.DEME Offshore will be responsible for engineering, procurement…

TechnipFMC to Deliver Subsea System for Petronas' Limbayong project

Feb 23, 2021

Oilfield services company TechnipFMC has won a 'substantial' contract by Petronas Carigali in Malaysia for the provision of subsea systems and associated equipment for the Limbayong deepwater development offshore Malaysia. TechnipFMC will, through its subsidiary FMC Wellhead Equipment…

UK: Tailwind Sanctions Evelyn Development

Feb 22, 2021

UK-focused oil company Tailwind has reached a final investment decision (FID) on its Evelyn field project in the North sea, following approval by the UK oil and gas regulator OGA last week.The Evelyn field is part of the Triton Cluster. Tailwind…

Saipem Bags $1.7B Deal to Build Offshore Facilities for Qatar's North Field

Feb 22, 2021

Italian offshore energy services contractor Saipem has received from Qatargas a letter of award for the development of the North Field Production Sustainability Offshore Project, located offshore of the North-East coast of Qatar peninsula. The contract is worth approximately $1…

Current News

Shell Accelerating Renewables Push in Germany

Shell Accelerating Renewables Push in Germany

Denmark Might Not Reach Its 2030 Emissions Reduction Goal as It 'Relies on Unproven Tech'

Denmark Might Not Reach Its 2030 Emissions Reduction Goal as It 'Relies on Unproven Tech'

Borr Drilling Expects Demand for Modern Jack-Up Rigs to Grow

Borr Drilling Expects Demand for Modern Jack-Up Rigs to Grow

Eni Officially Enters Giant Offshore Wind Project in UK

Eni Officially Enters Giant Offshore Wind Project in UK

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