Offshore Engineer Industry News News - page 539


Offshore Wind: Asia to Catch Up with Europe by 2025

Dec 11, 2020

Led by China, Asia's installed offshore wind capacity is expected to reach 52GW by 2025, and almost catch up with Europe, energy intelligence group Rystad Energy said Friday.'From almost no offshore wind farms in 2015, Asia’s operational capacity has grown to more than 6 gigawatts (GW) today…

China: CNOOC Starts Infill Drilling at Weizhou 6-12

Dec 11, 2020

Chinese oil giant CNOOC has kicked off infill drilling operations at its Weizhou 6-12 Fields of Block 22/12, Beibu Gulf, offshore China.The news was shared Friday by CNOOC's partner Horizon Oil, which said that the two well infill drilling program…

Norway Launches Offshore Wind Research Center - Northwind

Dec 11, 2020

Norwegian government on Friday announced the launch of a major research center aimed at making wind power cheaper, with a big focus on offshore wind.The Norwegian Minister of Petroleum and Energy, Tina Bru, announced an investment of 120 million NOK (EUR 11…

IKM Works on Pipeline, Umbilicals Concept for Equinor's Barents Sea Oil Discovery

Dec 11, 2020

IKM Ocean Design has won a contract with Equinor for a pipeline engineering concept study for the Wisting oil field in the Barents Sea.Wisting, located in the Barents Sea, 300 kilometers from Norway’s northern coast, in a water depth of 400 meters was discovered by OMV in 2013…

Havila Terminates Subsea Vessel Charter with DeepOcean. Seeks Payment

Dec 11, 2020

Norwegian offshore vessel operator Havila has terminated the contract with DeepOcean for the Havila Phoenix vessel, citing the latter's breach of contract obligations, and seeking payment.The subsea vessel Havila Phoenix has since 2013 served DeepOcean…

Why Green Hydrogen is Finally Getting its Day in the Sun

Dec 11, 2020

Hydrogen has taken off this year as the future green fuel of choice, with governments and businesses betting big that the universe's most abundant element can help fight climate change.More than $150 billion worth of green hydrogen projects have been announced globally in the past nine months…

Atlantic Shores Bids to Build Up to for 2,3 GW of Offshore Wind for New Jersey

Dec 10, 2020

Atlantic Shores Offshore Wind, the 50-50 joint venture between EDF Renewables North America and Shell New Energies US, has submitted its proposal to the New Jersey Board of Public Utilities to supply the state with up to 2,300 MW of renewable wind energy…

Vår Energi CEO Kragseth to Leave. Set to Take Helm at Petoro

Dec 10, 2020

Norwegian oil and gas company Vår Energi has informed that its CEO Kristin Kragseth will leave the company for her new role as CEO of Petoro, a Norwegian government-owned oil and gas firm.Kragseth was appointed CEO when Vår Energi was established…

Neptune Energy Launches Study for Large Scale Offshore Carbon Capture Project in North Sea

Dec 10, 2020

Oil and gas company Neptune Energy on Thursday launched a feasibility study into plans for a large-scale offshore Carbon Capture and Storage (CCS) project in the Dutch North Sea, with the potential to safely store 120-150 million tonnes of CO2…

Total Taps Norco for UPS, Battery Support on Offshore Angola FPSOs

Dec 10, 2020

French oil major Total has awarded a maintenance contract to energy storage equipment manufacturer and service provider Norco Group for its offshore assets in Angola.Norco Group will support Uninterruptible Power Supply (UPS) systems and standby…

Kosmos Energy Completes Sale of Frontier Exploration Assets to Shell

Dec 10, 2020

London-listed oil and gas company Kosmos Energy has partially completed the previously announced sale of its frontier offshore oil and gas exploration assets to Shell, with the South Africa transaction expected to complete in 2021.Under the agreement first announced in September…

Harland & Wolff to Build Windfarm Development Vessels for Triumph Subsea Services

Dec 10, 2020

Triumph Subsea Services has signed a letter of intent with Infrastrata for the construction of offshore wind farm development vessels at Infrastrata's Harland & Wolff Shipyard in Belfast, Northern Ireland.The letter of intent envisions the construction…

PHOTO: Boskalis Tows First of Five 9.5MW Turbines for Kincardine Floating Wind Farm

Dec 09, 2020

Dutch marine contractor Boskalis has started towing a giant floating wind turbine to a site offshore Scotland, where it will be installed as part of Grupo Cobra's Kincardine floating wind farm project.'Yesterday, the tow-out of the impressive…

Italy's Eni, Saipem in Joint Decarbonization Effort

Dec 09, 2020

Italian oil giant Eni, and oilfield services provider Saipem, both working to diversify their businesses traditionally heavily linked to the oil and gas industry, have signed a deal to work together on the identification and engineering of decarbonization initiatives and projects in Italy…

Hibiscus Pushes North Sea Field Development FID to March 2021

Dec 09, 2020

Malaysian oil and gas operator Hibiscus Petroleum has said that the final investment decision for the development of its Marigold cluster in the UK North Sea, will be made in March 2021, and not in December 2020, as previously expected, citing Covid-19 effects…

Current News

Norway’s Enova Launches Floating Wind Support Fund

Norway’s Enova Launches Floati

MacGregor to Supply AHC Crane for MMA Offshore’s PSV

MacGregor to Supply AHC Crane

Equinor Hires Havila’s Three PSVs

Equinor Hires Havila’s Three P

Enauta Stops Production at Atlanta Field as Anchoring of New FPSO Enters Final Phase

Enauta Stops Production at Atl

Subscribe for OE Digital E‑News

Offshore Engineer Magazine