Australia's Woodside Petroleum Ltd has started commissioning activities at the $1.9 billion Greater Enfield oil project off the state of Western Australia, two people with knowledge of the matter said on Wednesday.Oil from the project is expected to be sought after by traders in Asia…
Two contracts signed in Saudi Arabia for $3.5 billion by Italy's oil contractor Saipem are part of a shift in the company's strategy to focus more on natural gas, Chief Executive Stefano Cao said on Wednesday.Saipem said on Tuesday it won two…
Exxon Mobil Corp and Anadarko Petroleum Corp on Wednesday joined several other U.S. oil producers withdrawing staff from deepwater platforms in the U.S. Gulf of Mexico as what could be a major storm gathered.The withdrawals helped push U.S. oil futures up 3…
Offshore services firm Subsea 7 announced it has won a contract from Equinor for installation and diving operations on the Europipe II, Heimdal and Statfjord (EHS) fields, located in the Danish and Norwegian sectors of the North Sea.The deal is worth between $50 million and $150 million…
UK energy industry recruitment outfit ERSG has appointed Chris Stupack as head of offshore wind in the United States.Stupack will be leading ERSG's office in Boston, which opened in November last year, where the company will be focusing on supporting the development of the offshore wind market…
Swedish global engineering group Trelleborg's offshore operation has been awarded a major multi-million USD contract by Mexican state-owned petroleum company, Pemex, for Elastopipe.Elastopipe, a patented flexible piping system developed for transporting a variety of fluids…
Global offshore wind energy industry is estimated to grow at a CAGR of by +15% to reach USD 69.63 billion by 2025.The industry valued approximately USD 18.479 billion in 2016 is forecasted to grow with a healthy growth rate of more than 15…
Norwegian multinational energy company Equinor ASA has awarded compatriot offshore owner Eidesvik Offshore ASA a contract for Viking Queen.The firm contract period is 6 months, commencing in direct continuation of the current contract expiring ultimo August 2019…
U.K.-based offshore wind power installation provider Seajacks International has conditionally been awarded a contract with Siemens Gamesa Renewable Energy (SGRE) for the transport and installation of wind turbines at the Formosa 2 offshore wind farm…
The international consortium partners of the North Sea Wind Power Hub (NSWPH) has found that the proposed Hub-and-Spoke concept is technically feasible. A gradual roll-out of 10 to 15 gigawatts hubs is the next logical step towards a large offshore wind build-out…
Valerie Bosse has been named Managing Director of Wintershall Dea's Brazil business unit, responsible for all activities of the newly merged company in the South American country.Wintershall Dea, which became Europe's largest independent gas…
Saudi Aramco has awarded 34 contracts with a total value of $18 billion for engineering, procurement and construction projects at its Marjan and Berri oilfields, the company said on Tuesday.Saudi Aramco plans to boost production capacity from the two fields by 550…
Senior representatives from “thought leaders” ABS, DNV GL and Lloyd’s Register weigh in on some of the top class and regulatory issues facing the offshore industry today, from decommissioning and decarbonization to cyber security, unmanned surface vessels and beyond…
Offshore contractor Allseas says it has acquired Bluerise, a developer of ocean thermal energy conversion (OTEC) technology, in a push targeting the renewables industry.Based in Delft, the Netherlands, Bluerise, founded by Berend Jan Kleute and Remi Blokker…
UK-based subsea technology company Sonardyne said Australian headquartered subsea services firm Neptune has become the latest to adopt its new, all-in-one acoustic and inertial positioning technology platform to support offshore survey projects…
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