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These Countries Offer Best Profit Conditions for Large Offshore Developments

Jan 21, 2021

The United Kingdom, Kuwait, Canada, United States, Colombia top energy intelligence firm Rystad's list of countries that offer the best fiscal conditions for the development of large offshore oil fields.After what has been described as a disappointing year for offshore sanctioning…

Italian Prosecutors Want JPMorgan Files in Eni, Shell Nigeria Bribery Case

Jan 21, 2021

Italian prosecutors asked a Milan Court on Wednesday for documents sourced from U.S. bank JPMorgan to be filed as part of a corruption trial over the acquisition of an oilfield in Nigeria by Eni and Shell.The long-running graft case revolves…

Norway to Award Arctic Offshore Drilling Permits in Q2

Jan 21, 2021

Norway expects to award oil and gas exploration permits in frontier regions of the Arctic in the second quarter, Oil and Energy Minister Tina Bru told parliament on Thursday.The government in November said it would offer drilling permits in nine offshore regions containing 136 blocks…

DNV GL Gives Nod for Heerema's Silent Offshore Installation Concepts

Jan 21, 2021

Heerema Marine Contractors' concepts for the silent installation of offshore facilities' foundations have received a Statement of Feasibility from the global quality assurance firm DNV GL.Heerema has been working on developing 'silent foundations'…

Mott MacDonald Developing Concepts for Europe's Largest Green Hydrogen Project

Jan 21, 2021

UK-based consultancy Mott MacDonald has been appointed as the technical integration and optimization contractor for the NortH2 project, dubbed the largest green hydrogen project in Europe.The contract was awarded to Mott MacDonald by the NortH2 Consortium…

Trelleborg's Cable Protection for Chinese Offshore Wind Farm

Jan 21, 2021

Swedish firm Trelleborg will provide cable protection for Jiangsu Qidong offshore wind project in China, under a contract awarded by Torgy LNG.As part of the deal, Trelleborg will provide 190 integrated cable protection systems for the offshore wind farm project…

Kongsberg to Deliver Positioning and Monitoring Equipment for World's Largest Floating Wind Farm

Jan 21, 2021

Norwegian maritime equipment and technology company Kongsberg Maritime has won a contract to deliver key positioning and monitoring equipment to Equinor’s Hywind Tampen floating wind farm in Norway. The contract was signed with engineering firm Wood…

First Gas from Energean's Karish Field Could Be Delayed for 2022

Jan 21, 2021

Energean said on Thursday the first gas from its flagship Israeli fields, due to start flowing at the end of this year, could slip by two to three months.The company said this was due to delays to increasing the workforce that is building its floating production…

EnQuest Completes Bressay Field Stake Buy

Jan 21, 2021

London-listed oil firm EnQuest has completed the acquisition from Equinor of a 40.8125% interest in the Bressay oil field development on the UK continental shelf. It has also become the operator of the project.As a result, EnQuest has a 40.81%…

Energean Sanctions $235M Subsea Tieback Project in Egypt

Jan 21, 2021

Oil and gas company Energean on Thursday announced that Final Investment Decision has been taken on the North El Amriya and North Idkunea (“NEA/NI”) concession subsea tieback project offshore Egypt. The NEA concession contains two discovered…

Ineos Charters Dolphin Drilling Rig for Its First Operated Well in Norway

Jan 21, 2021

INEOS Energy has chartered Dolphin Drilling's semi-submersible drilling rig Borgland Dolphin to drill its first operated well offshore Norway.The work is slated to begin during the third quarter of 2021 and includes drilling of the Fat Canyon…

Permitting for Big US Offshore Wind Farm to Resume 'Very, Very Soon' -Avangrid CEO

Jan 20, 2021

The developer of the first major U.S. offshore wind farm said on Wednesday it will soon apply for a federal permit from President Joe Biden's administration, after former President Donald Trump's government abruptly canceled its initial application last month…

Biden Announces Return to Global Climate Accord, New Curbs on US Oil Industry

Jan 20, 2021

U.S. President Joe Biden on Wednesday announced America's return to the international Paris Agreement to fight climate change, the centerpiece of a raft of day-one executive orders aimed at restoring U.S. leadership in combating global warming…

Offshore Energy Can Unify and Kickstart Biden’s Priorities -NOIA

Jan 20, 2021

Erik Milito, president of industry group National Ocean Industries Association (NOIA), issued the following statement after the inauguration of Joseph Biden as the 46th President of the United States of America:“The National Ocean Industries…

Allseas' Subsea Mining Ship Project is Moving Forward

Jan 20, 2021

Swiss-based Allseas has awarded Dutch subsea technology company Seatools the contract for the delivery of the complete electrical, hydraulic and control system for Allseas’ deep-sea mining nodule collector.Driven by the green energy transition…

Current News

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Venterra Company, CAPE Holland

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

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