Latest News - page 1437

 

Wintershall Dea Appoints New COO

Mar 10, 2020

Oil and gas company Wintershall Dea will name Dawn Summers to the Executive Board and as Chief Operating Officer (COO).As COO, she will be responsible for the Business Units Germany, Norway, the Netherlands, UK and Denmark, Egypt, Libya, Algeria and UAE as of 1 June 2020…

Neptune Energy Names UK MD

Mar 10, 2020

Oil and gas company Neptune Energy has informed that Alexandra Thomas has joined the company as UK Managing Director, based in Aberdeen.Thomas joins Neptune from Tullow Oil plc, where she most recently held the position of Head of Exploration…

Ocean Installer Wins Subsea Cable Installation Job in China

Mar 10, 2020

Norway's offshore installation company Ocean Installer has won a deal to deliver and install a subsea power cable in China, as part of CNOOC Liuhua 16-2 oil field development in the South China Sea.In what is the company's second contract in China…

ABB Power & Control for Japan's Wind Turbine Installation Vessel

Mar 10, 2020

ABB will equip Japan-built self-elevating wind turbine installation vessel with its power and control technologies.The company said Tuesday that the 28,000-GT jack-up unit on order from builder Japan Marine United Corp, and due for delivery to Shimizu Corp…

iXblue, ThayerMahan in Unmanned Surface Vessel Pact

Mar 10, 2020

ThayerMahan, a company specializing in autonomous maritime security solutions has partnered up with iXblue, a company specializing in navigation, acoustic positioning, and underwater imaging.The two companies are teaming up to provide unmanned…

CNOOC Pondering Internal Merger for Gas, Power Unit

Mar 10, 2020

China National Offshore Oil and Gas Corp (CNOOC) is set to inject its struggling natural gas terminal and power unit into its flagship listed vehicle CNOOC Ltd, three senior sources with knowledge of the matter said. The plan for the internal merger…

RockRose Spuds Second West Brae Well

Mar 10, 2020

London-listed RockRose Energy has said that the first of two infill development wells at West Brae asset in the UK North Sea has successfully completed and is delivering in line with expectations.Following the completion of this well, the Noble…

'Brutal' Cost Cuts May be Ahead for Oil Industry

Mar 10, 2020

Oil and gas companies might be heading for another round of 'brutal' cost cuts in the wake of the oil price crash caused by coronavirus outbreak and Saudi-Russia stand-off on output cuts.Wood Mackenzie’s Tom Ellacott said: “The price collapse…

IEA: Global Oil Demand Set to Contract for the First Time since 2009

Mar 10, 2020

Global oil demand is set to contract in 2020 for the first time in more than a decade as global economic activity stalls due to the coronavirus, the International Energy Agency said on Monday. The downward revision came as oil prices dropped…

Babcock Scores 5-year Offshore Flights Deal in UK

Mar 10, 2020

Helicopter operator Babcock has secured a new five-year shared contract with three oil and gas operators for helicopter transport in the northern North Sea.The contract will initially see Babcock operate over 100 offshore helicopter flights each month from Sumburgh in Shetland…

JERA Joins Formosa 3

Mar 09, 2020

Japanese utility JERA Co Inc confirmed today that it is taking a 43.75% stake in the up to 2-GW Formosa 3 offshore wind project in Taiwan, leaving 31.25% and 25% to developers Green Investment Group (GIG) and the German energy company EnBW, respectively…

Petrofac Hires Awilco Rig of P&A Gig

Mar 09, 2020

UK-based drilling contractor Awilco Drilling has been awarded a contract by Petrofac Facilities Management for its 1982-built semi-submersible drilling rig WilPhoenix.According to the offshore drilling contractor, the contract was signed for…

North Sea Aims 60GW Offshore Wind by 2050

Mar 09, 2020

The wind turbines on the North Sea can now deliver one Gigawatt in Netherlands. 60 Gigawatts should be achievable in 2050, the target for Europe being 450 Gigawatts.This is according to Netherlands Wind Energy Association (NWEA).Hans Timmers…

Solstad Lines Up Contract for Far Stream

Mar 09, 2020

Norwegian ship owner Solstad Offshore said it has secured work for its 2006-built anchor handling tug supply vessel (AHTS) Far Stream supporting a six-well drilling program for a major Malaysian operator.The 285-day contract is due to commence…

DNV GL Awards 'First of its Kind' Floating Solar Certificate

Mar 09, 2020

Global classification society DNV GL has awarded a conformity statement to Norwegian solar energy company Ocean Sun for its floating solar design methodology.The conformity statement is the first of its kind and was issued following a thorough…

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