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Interest in US Offshore Acreage Growing

Apr 05, 2019

With stabilizing oil prices and lower breakeven points, interest in the US offshore is increasing.Randall Luthi, president of National Ocean Industries Association (NOIA), said the interest extends well beyond the existing regions open for oil…

Gazprom Neft, Novatek Mull Offshore Cooperation

Apr 05, 2019

Russia's Gazprom Neft, the oil arm of gas giant Gazprom, is in talks with gas producer Novatek about possible cooperation at its offshore deposits, Gazprom Neft CEO Alexander Dyukov said on Friday.'We're holding (talks with Novatek) concerning deposits that belong to us…

EDS Scores 15-year O&M Contract

Apr 05, 2019

High voltage engineering specialist EDS HV Group, part of the UK marine services company James Fisher and Sons, announced Friday it has secured a 15-year operations and maintenance (O&M) contract for OFTO assets at the Greater Gabbard wind farm off the coast of England…

Eni Slander Probe Could Prompt Management Changes

Apr 05, 2019

Italy's Eni has carried out internal audits in a slander case relating in part to a Nigeria corruption scandal, and a source with knowledge of the matter said the review could prompt some management changes at the oil major.Eni and its Anglo…

Lebanon Announces Offshore Blocks

Apr 05, 2019

Lebanon announced on Friday five offshore blocks to be included in its coming bidding round for energy exploration and production licences, including four along disputed maritime borders.Offshore energy development has been a central ambition for successive governments in cash-strapped Lebanon…

AMS Wins Hornsea Two Gig

Apr 05, 2019

AMS Trenchless Specialists, North Lincolnshire-based engineering company, has won a huge contract for part of the onshore cable works for Hornsea Two, an offshore wind farm being constructed 89km off the Yorkshire Coast.AMS Trenchless Specialists…

Neodrill Rolls-out Subsea Template Tech

Apr 05, 2019

Norwegian technology developer Neodrill announced new solutions for subsea templates.The innovator in pre-rig well construction technology through its CAN technology said that the announcement marks the company’s move to use its technology and…

Serica Energy Abandons Rowallan Well

Apr 05, 2019

Serica Energy, UK oil and gas company operating mainly in the North Sea, said that the Rowallan well was drilled down to a depth of 4,641 metres and after an unsuccessful result, it will now be plugged and abandoned.It encountered a 182-metre…

EMGS, Equinor Pact for Well Calibration Study

Apr 05, 2019

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) has signed an agreement for its second full-scale marine controlled-source electromagnetic (CSEM) well calibration study project in cooperation with Equinor.The revenue…

OPT, Acteon Exploring Joint Opportunites

Apr 04, 2019

US based ocean energy solutions company Ocean Power Technologies (OPT) and UK based subsea services and solutions company Acteon Field Life Service, an Acteon Group subsidiary, have entered into a nonexclusive memorandum of understanding (MOU) to develop…

Harvey Gulf Branches Out Internationally

Apr 04, 2019

Since committing to go global in September 2018, US based Harvey Gulf said on Thursday it has been awarded contracts in Mexico, Trinidad, Guyana and Suriname.The company noted it also has bids for work in Mozambique, Angola, Senegal, Israel…

Expectations High off Equatorial Guinea

Apr 04, 2019

Equatorial Guinea, one of Africa's top natural gas producers, is struggling with the reality of dwindling oil and gas resources and the hurdle of attracting financing for the monetization of the current output from its offshore fields.The country…

Ford Named IMCA Technical Director

Apr 04, 2019

Mark Ford, Technical Manager of the International Marine Contractors Association (IMCA), has been promoted to Technical Director of the global organization.“Mark has been with IMCA for the last seven years and knows the association perhaps better than anybody…

FPSO Allan to Get Anchoring Upgrade

Apr 04, 2019

The Yinson floating production, storage and offloading unit (FPSO) Allan will receive an anchoring system upgrade prior to deployment at the Anyala and Madu fields within leases 83 and 85 offshore Nigeria later this year.Norwegian FPSO systems…

Maersk's Drilling Unit Lists in Copenhagen

Apr 04, 2019

A.P. Moller-Maersk spun off its oil and gas drilling unit and listed it separately on the Copenhagen stock exchange on Thursday, where it was traded slightly below the book value it had in Maersk's own accounts.The demerger is a part of the…

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