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Floating Wind: French, Japanese Firms Partner

Jun 28, 2019

French floating foundations developer Ideol and Japanese renewable specialist Shizen Energy have signed an agreement to jointly develop a commercial-scale floating offshore wind project (OWF) off the coasts of Kyushu in Japan.The agreement was signed in Tokyo today by Paul de la Guérivière…

W&T Buys Exxon's Eastern GoM Assets

Jun 27, 2019

W&T Offshore announced on Thursday that it has entered into a purchase and sale agreement with ExxonMobil to acquire their interests in and operatorship of oil and gas producing properties in the eastern region of the Gulf of Mexico, offshore Alabama…

CAN-ductor Reduces Environmental Impact

Jun 27, 2019

Neodrill's CAN-ductor technology is capable of reducing a well's environmental impact by as much as 44% compared to a conventionally drilled well, a recent report found.The CAN (Conductor Anchor Node) is a combination of suction anchor and guide pipe…

Zama Resource Estimate Upgraded

Jun 27, 2019

Talos Energy and its partners have increased the resource estimate of the Zama field in the offshore portion of Mexico's Sureste Basin, following evaluation of the data acquired from the Talos-operated Block 7 Zama appraisal campaign.'Based on the preliminary results of our appraisal program…

Well-Safe Solutions Opens New HQ

Jun 27, 2019

Well-Safe Solutions will be moving into a new larger headquarters in Aberdeen, following a landmark contract win and acquisition of its first asset.The decommissioning company, set up in 2017, said it has invested several million in its new building…

Shell, Hexcion to Develop Floating Wind Farm

Jun 27, 2019

Swedish floating wind farm designer Hexicon said it is teaming up with energy giant Shell to develop, construct and operate a floating wind farm approximately 40 kilometers offshore Ulsan.The project will be carried out under a joint development agreement signed by Shell and CoensHexicon…

CNOOC Invites Foreign Firms to Bid for Offshore Blocks

Jun 27, 2019

China National Offshore Oil Corporation, or CNOOC, has issued a tender inviting foreign firms to jointly explore and produce oil and gas in the South China Sea and the Bohai Bay area, according to a statement posted on the company's website on Wednesday…

Tullow Encounters Delays Offshore Ghana

Jun 27, 2019

UK-based oil & gas company Tullow Oil Plc’s subsidiary Tullow Oil Ghana, has announced the pushing back completion of drilling of the Enyenra-14 production well in Deepwater Tweneboa, Enyenra and Ntomme (TEN) field development following revision of 2019 projection figures for this offshore project…

Exxon, Total to Explore off Crete

Jun 27, 2019

Greece on Thursday awarded licences to ExxonMobil and Total to search for hydrocarbons off the island of Crete, marking the country's first major foray into an oil and gas search in the region.The companies, in consortium with Hellenic Petroleum…

Guyana's First FPSO Named Liza Destiny

Jun 27, 2019

Dutch-based global group SBM Offshore said that its FPSO, Liza Destiny, destined for ExxonMobil’s Liza field in Guyana, was named at Keppel Shipyard in Singapore.“This is a very special vessel, which will be the first to operate offshore Guyana…

ABB Transformers for Moray East

Jun 27, 2019

MHI Vestas Offshore Wind has contracted Swiss-Swedish multinational corporation ABB to supply transformers for the turbines at the 950MW Moray East offshore wind farm off the coast of Scotland.ABB will manufacture 100 WindStar transformers at its factory in Vaasa…

Icahn Steps up Fight with Occidental

Jun 26, 2019

Billionaire investor Carl Icahn on Wednesday ratcheted up his fight with Occidental Petroleum over its pending purchase of rival Anadarko Petroleum by calling for a special shareholder meeting where he hopes to win board seats.In a regulatory filing…

EnVen Co-founder Exits, Sues Company

Jun 26, 2019

An EnVen Energy Corp co-founder claims the chief executive of the offshore oil and gas producer provided misleading production and financial data to the board and forced him out as president, according to a lawsuit in a Texas court.David Dunwoody…

TechnipFMC OSV Refit Completed

Jun 26, 2019

The TechnipFMC-owned diving support vessel Deep Arctic has departed Damen Shiprepair Amsterdam on time following a significant maintenance stopover, a substantial proportion of which was spent in dry dock.According to the shipyard, the project was exceptionally complex…

Equinor, OMV Partner on Wisting and Hades/Iris

Jun 26, 2019

Equinor and OMV have signed two memorandums of understanding (MoU) to cooperate on both the Wisting development in the Barents Sea and the concept development for the Hades/Iris discovery in the Norwegian Sea.As development operator, Equinor will lead project development…

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