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Esvagt, Wavepiston Test Wave Energy Plants

Feb 14, 2019

The provider of safety and support vessels at sea Esvagt has provided support to Wavepiston during the installation of its wave energy device at the test site near Hanstholm, Denmark.The ‘Esvagt Connector’ took part in placing Wavepiston’s wave power device…

Shell Invites Bid for FPSO in Bonga

Feb 14, 2019

Shell Nigeria Exploration and Production Company (SNEPCo) has announced the release of invitation to tender (ITT) to contractors for the development of the Bonga South-West Aparo (BSWA) oil field.SNEPCo said in a statement that the project’s initial phase included a new Floating…

Offshore Wind Players Bid to Supply NY

Feb 14, 2019

Several offshore wind players have submitted separate bids to supply New York with power from planned projects off the coast of Long Island.The proposals from Norway's Equinor and three joint ventures come in response to New York’s 800 MW procurement…

Yinson Tallies Layang FPSO Contract

Feb 14, 2019

Floating production, storage and offloading unit (FPSO) provider Yinson announced Thursday it has received a letter of award from JX Nippon to provide operation and maintenance services for an FPSO due to commence operations at the the Layang field offshore Malaysia by the fourth quarter of 2019…

Saab Seaeye Progresses Vehicle Residency

Feb 14, 2019

Saab Seaeye said it has shown that underwater e-robotic vehicles can dock at remote deepwater sub-resident docking stations for data transfer, assignment instructions and battery charging.The underwater robotics company said its Sabertooth hybrid…

Outlook Challenge: More Energy, Fewer Emissions

Feb 14, 2019

Supplying the energy needed to support the growing prosperity of the global population yet reducing emissions enough to meet the Paris reduction goals is a major challenge, BP Chief Executive Bob Dudley said.It is, Dudley said, “a vast and complex problem…

Video: Total's Culzean Project Nearly Complete

Feb 14, 2019

Super major Total said its Culzean Field development in the central North Sea is nearly complete, heading toward expected first production from the largest UK gas field to be sanctioned for quarter of a century in summer 2019.Culzean is a high-pressure…

Aker CEO Sees M&A Opportunities

Feb 14, 2019

Norwegian oil industry-focused investment firm Aker still sees mergers and acquisitions opportunities for its oil service firms, including Aker Solutions, its chief executive said on Thursday.Oeyvind Eriksen also told Reuters its independent oil firm Aker BP…

Norway's Snow Crab Ruling Boosts Oil Claim

Feb 14, 2019

A court delivered a painful nip to European Union fishermen on Thursday by tightening Norway's grip on snow crab catches in the Arctic, a ruling that may also let Oslo claw more control of oil and gas from other nations.Fishermen from the European…

Aker Energy Eyes IPO

Feb 14, 2019

Norwegian oil company Aker said on Thursday that its exploration start-up in Ghana will submit development plans to Ghanaian authorities in March and the parent will then decide whether to sell stakes via an initial public offering or other means…

Nigeria Plan for Local Firms Stands on Shaky Ground

Feb 14, 2019

Nigeria's Ministry of Petroleum Resources has recently reiterated its intention to push for an increase of the share to the national crude oil production from indigenous oil and gas companies to 30% in the short-term, but it is not definite…

Sentinel Midstream Mulls Offshore Terminal

Feb 14, 2019

Dallas-based oil and gas company Sentinel Midstream is planning to develop a deepwater crude oil export terminal, located near Freeport, Texas. The completed facility will be capable of fully loading Very Large Crude Carrier (VLCC) vessels.Texas…

Consortium Buys Veja Mate Offshore Wind

Feb 14, 2019

A consortium led by asset manager Commerz Real AG, WPD Invest, KGAL and IKEA franchisee Ingka Group will acquire an 80% stake in the 402-MW Veja Mate offshore wind park in the German North Sea.Veja Mate offshore wind park in the North Sea  is…

New Leadership at MHWirth

Feb 14, 2019

German drilling equipment and machinery company MHWirth, a unit of Akastor ASA, has appointed Merrill A. “Pete” Miller Jr. as Executive Chairman and Eirik Bergsvik as CEO.Akastor Chairman Kristian Røkke said, 'Pete Miller has an incredible track…

Rowan Relentless Gets Extension from Exxon Mobil

Feb 14, 2019

Global offshore contract driller Rowan Companies announced that ExxonMobil has exercised the third of four options for the Rowan Relentless, an R-Class ultra-deepwater drillship.The option will be used for operations in the US Gulf of Mexico and has an expected duration of 180 days…

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