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Yinson's Knock Allan FPSO Contract Terminated

Oct 10, 2018

Malaysia’s Yinson Holdings Bhd has received the termination of an FPSO contract for its Knock Allan FPSO located on the Olowi field offshore Gabon.The oil and gas services company said in a press release that the contract with Canadian Natural Resources (CNR) International (Olowi) Ltd…

Sirius Petroleum Contracts Shelf Drilling for Ororo Field

Oct 10, 2018

Sirius Petroleum has signed an agreement with Shelf Drilling for the jack-up rig is already located in proximity to the Ororo field, and, it is due to become available in November.The Nigeria-focused oil and gas development and production company said in a press release that it has decided…

Aqualis Offshore Completes Bahrain Floatover

Oct 10, 2018

Aqualis Offshore has completed the floatover installation of the REGAS topside offshore Bahrain as part of the Bahrain LNG Import Terminal, said a press release.Aqualis Offshore, part of Oslo-listed energy consultancy group Aqualis ASA was contracted…

Siemens Gamesa Pact for Offshore Wind Turbine Components in Taiwan

Oct 10, 2018

Siemens Gamesa Renewable Energy (SGRE) has awarded the first two local supply agreements for offshore wind projects in Taiwan in ceremonies in Taipei.Firstly, Swancor will supply resin used in the blades slated for the Formosa 1 Phase 2 offshore wind power plant…

Ørsted Proposals for Hornsea Project Four

Oct 10, 2018

Hornsea Project Four is a new offshore wind farm which Ørsted is proposing to develop in the North Sea, approximately 65 km off Flamborough Head on the Yorkshire Coast.Ørsted is investigating an offshore wind farm area for a project of up to 860km2…

Minesto Generates Deep Green Tidal Power

Oct 09, 2018

Marine energy developer Minesto has achieved initial electricity generation with its first commercial-scale marine energy kite during the commissioning program of the company’s ground-breaking low-flow tidal energy project in Wales.“We are entering…

Ofgem Rolls-out Sixth OFTO Round

Oct 09, 2018

UK's energy regulator, Office of Gas and Electricity Markets (Ofgem),  has opened the tender process for the first project in its sixth round of its offshore transmission owner (OFTO) regime.'Ofgem is opening a tender for owning the electricity transmission link to the 1…

New GPS Interference Mitigation Solution

Oct 09, 2018

A new anti-jamming antenna is designed to mitigate intentional and unintentional interference and jamming in challenging offshore environments.The VERIPOS GAJT-710-MS helps combat the growing threats of interference and jamming in the offshore…

Storm Shuts Nearly 40% of US GoM Oil Output

Oct 09, 2018

Nearly 40 percent of daily crude oil production was lost from offshore U.S. Gulf of Mexico wells on Tuesday due to platform evacuations and shut-ins ahead of Hurricane Michael.Since Monday, oil producers, including Anadarko Petroleum Corp, BHP Billiton…

Pemex Announces 7 New Crude Finds

Oct 09, 2018

Mexican state oil firm Pemex said on Tuesday it has made seven new crude discoveries in the shallow waters of the Gulf of Mexico and said it could invest upward of $10 billion to develop six oil and gas fields.Pemex, which has been struggling with declining output for over a decade…

DOF Subsea Selects Sonardyne Navigation Tech

Oct 09, 2018

International subsea services provider DOF Subsea has chosen acoustic and inertial navigation technology from Sonardyne Brasil Ltda. to support its deepwater operations from three vessels offshore Brazil.The three vessels will be equipped with…

Pemex to Announce Light Crude Finds in Gulf of Mexico

Oct 09, 2018

Mexican state oil firm Pemex will on Tuesday announce findings of light crude in seven fields in the Gulf of Mexico, two people familiar with the matter told Reuters.Carlos Trevino, chief executive officer of Pemex told Mexican radio late on…

British North Sea Oil Costs, Spending on the Rise

Oct 09, 2018

The costs and operating expenditure needed to produce oil and gas in the British North Sea are set to rise both in overall and in per-barrel terms this year compared with 2017, the country's regulator for the sector said on Tuesday.Overall operating…

US Grants BP, Serica Licence to Run Iran-owned North Sea Field

Oct 09, 2018

BP and Serica Energy received a conditional licence from U.S. authorities to continue operating a North Sea gas field partly owned by Iran's national oil company, Serica said in a statement.The U.S. Office of Foreign Assets Control extended a licence for U…

RDIF, Schlumberger Aim to Reach Eurasia Drilling Deal Soon

Oct 09, 2018

Russia's RDIF sovereign wealth fund and U.S. oilfield services provider Schlumberger plan to complete a deal soon to buy a stake in Russia's Eurasia Drilling Company, RDIF boss Kirill Dmitriev was cited as saying by TASS news agency.Dmitriev…

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