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ExxonMobil Extends Rowan Relentless Charter

Dec 03, 2018

U.S. based drilling contractor Rowan Companies announced Monday that ExxonMobil has exercised the first two options for the drillship Rowan Relentless. The options will be used for operations in the U.S. Gulf of Mexico and have an expected duration of 30 days each…

Eriksen Joins Kreuz Subsea Board

Dec 03, 2018

Global integrated subsea services business Kreuz Subsea has appointed Knut Eriksen as the board’s first independent nonexecutive director. Eriksen, who took up the advisory position on December 1, will support the business on a strategic level and help to identify future growth opportunities…

Petrobras, Murphy to Explore in GoM

Dec 03, 2018

Brazil's state-controlled Petroleo Brasileiro SA (Petrobras) said on Monday it had sealed a joint venture with Murphy Exploration & Production Company to explore oil and gas fields in the Gulf of Mexico, according to a securities filing.Petrobras received $795 million for the deal…

Siemens, Aker Solutions Partner on Digital Tech

Dec 03, 2018

Siemens and Aker Solutions have agreed to further develop digital offerings in engineering, operations and services.The collaboration agreement, which builds on a long-standing relationship, focuses on the creation of software applications and…

Ørsted Hires Focus Consultants on Sustainable East Coast Offshore Hub

Dec 03, 2018

Focus Consultants has been appointed to deliver sustainability services for a new East Coast Hub for the offshore wind giant, Ørsted, which is currently building the biggest offshore wind farms in the world.Currently in construction on the Royal Docks at Grimsby…

Northern Drilling Appoints New CEO

Dec 03, 2018

Rig company Northern Drilling has appointed Scott McReaken as chief executive officer (CEO).The John Fredriksen-controlled company said in a press release that McReaken will succeed Gunnar Winther Eliassen who will continue to support the company through Seatankers Consultancy Services…

E.on Officially Opens Rampion Offshore Wind Farm

Dec 03, 2018

The 400-MW Rampion offshore wind farm off the Sussex coast in the UK has been officially opened, said German energy company E.on SE.  The offshore wind farm now generating enough green electricity for around 350,000 UK homes setting a new power record in the country…

Mitsubishi Corporation Part-divests in Moray East Offshore Wind Project

Dec 03, 2018

Japan's largest trading company  Mitsubishi Corporation (MC) announced the divestment of shares in Diamond Green Limited, with 30% to be transferred to The Kansai Electric Power Co., Inc (KEPCO) and 20% to Mitsubishi UFJ Lease & Finance Company Limited (MUL)…

New Jersey Board of Public Utilities Backs Offshore Wind

Dec 02, 2018

The New Jersey Board of Public Utilities (NJBPU) is remaining committed to supporting the state’s goals of generating 3.5GW of offshore wind by 2030 and reaching 100% of renewable energy by 2050.The Offshore Wind Supply Chain Networking Event…

GPS, Ice Profiling Sonar Used in Sea Level Variation Study

Dec 02, 2018

ASL Environmental Sciences said that Dr. David Holland of New York University, in collaboraon with Dr. Natalya Gomez at McGill University, is leading an invesgaon of sea level variaons in the Disko Bay region of western Greenland.According to…

Petrobras May Divest $15 Bln Over Next Few Years

Nov 30, 2018

Brazil's state-controlled oil company Petroleo Brasileiro SA is considering divesting up to $15 billion within the next few years, one person with knowledge of the matter said on Thursday.The total divestment goal has not been approved yet and…

Shell Exits Draugen and Gjøa Fields

Nov 30, 2018

A/S Norske Shell has completed the sale of its interests in the Draugen and Gjøa offshore fields in Norway for 4.52 Billion NOK (US$526 million) to Norwegian focused OKEA AS.The deal is part of Shell's global $30 billion divestment program and will see the supermajor exits its 44…

Baker Hughes Rolls Out Subsea Connect

Nov 30, 2018

New lightweight, modular subsea technologies could reduce not just lead times for equipment delivery but lower the total cost of ownership for the full life of the field.Baker Hughes, a GE company, revealed its thinking on subsea developments during the launch event in Houston earlier this week…

Subsea Innovation Bags Two Contracts with Royal IHC

Nov 29, 2018

Subsea Innovation, the supplier engineered equipment and technology used in the installation of subsea equipment for the offshore oil and gas, has announced two high profile contract wins with Royal IHC, as part of a collaborative framework agreement…

IOG Delays North Sea Project Financing

Nov 29, 2018

UK based oil and gas development & production company Independent Oil and Gas Plc (IOG)cautioned that current oil price volatility and capital market conditions aren’t conducive to deliver its financing plan for the core Southern North Sea project before year-end…

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