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New Research on Gulf of Mexico Loop Current

Dec 19, 2018

More than $10 million in grant funding has been awarded for a group of new projects that aim to fill research gaps in order to help improve understanding and prediction of the Gulf of Mexico Loop Current System (LCS).As the Gulf of Mexico's dominant ocean circulation feature…

Eni Makes Discovery Offshore Indonesia

Dec 19, 2018

Italian oil and gas company Eni has discovered more gas near the Merakes field offshore Indonesia.Eni said on Wednesday it successfully drilled a well in the East Sepinggan block offshore Kalimantan to a depth of 3,400 m MD in 1,592 m of water…

Oil Majors Face Climate Target Pressure by Investors

Dec 19, 2018

U.S. and Norwegian oil majors Chevron and Equinor have become the latest target of activist investors moving to force five of the biggest oil companies to commit to fixed emissions targets and align with the Paris climate agreement.The effort…

Hybrid Riser Tackles the Deepwater Pre-salt

Dec 19, 2018

The Brazilian oil and gas market has begun to heat up again with the resumption of the pre-salt block tenders, leading a range of service companies to gear up to offer a variety of new technologies aiming to help operators overcome the technological…

Eni Deploys OPT's PowerBuoy

Dec 19, 2018

Ocean Power Technologies' PowerBuoy has been deployed in the Adriatic Sea to advance Eni’s R&D MaREnergy project that aims to develop, deploy and demonstrate wave energy renewable technologies in oil and gas operations, the U.S.-based ocean energy solutions provider announced Wednesday…

3D at Depth Expands

Dec 19, 2018

Subsea laser LiDAR (SL) technology and 3D data visualization solutions specialist 3D at Depth said it has expanded several global office locations and launched a new portfolio of services designed to support cohesive workflow efficiencies for offshore oil field design through decommissioning…

Norway November Oil, Gas Output Missed Forecast

Dec 19, 2018

Norway's November oil and gas output was lower than originally expected due to a collision between a navy frigate and an oil tanker that triggered shutdowns of major export facilities and several offshore fields, the country's oil regulator said…

OMV Joins ADNOC for Ghasha Gas Project

Dec 19, 2018

Austrian oil and gas group OMV signed a concession agreement with Abu Dhabi National Oil Company (ADNOC) for a 5 percent stake in the Ghasha offshore gas and condensate fields, strengthening its position in the region, it said on Wednesday.The…

DOF Scores North Sea Hat-trick

Dec 19, 2018

Norwegian subsea operating company DOF Subsea has been awarded three new contracts in the North Sea.The first of these contracts will see DOF Subsea undertake a workscope in the Norwegian North Sea involving subsea construction support and pre…

Schlumberger Bags Equinor Contract for Subsea Boosting System

Dec 19, 2018

Norwegian oil and gas firm Equinor has awarded an engineering, procurement and construction (EPC) contract to OneSubsea, a Schlumberger company.The contract is for the supply of the industry’s first all-electric actuated subsea boosting system for the Vigdis Field in the Norwegian North Sea…

2018: 'Record Year' for UK Offshore Wind

Dec 19, 2018

According to RenewableUK, more than 2GW of new offshore wind capacity has been installed off the Great British coast in the last twelve months - a record breaking volume for the UK.Eight new offshore windfarms were officially opened during the year…

MHI Vestas Orders Esvagt SOV

Dec 19, 2018

Danish shipping company Esvagt is to provide MHI Vestas with a new service operation vessel for work on Moray East offshore wind farm off the coast of Scotland.'Another Esvagt Service Operation Vessel (SOV) for offshore wind farms is on its way to MHI Vestas…

Engie, EDPR, Sumitomo Pact to Build French Offshore Wind Farms

Dec 19, 2018

French utility Engie and Spanish partner EDP Renovaveis (EDPR) announced their alliance with the Japanese group Sumitomo Corporation to build the French offshore wind farms of Dieppe-Le Tréport and Yeu-Noirmoutier.As part of the alliance, Sumitomo Corporation acquires a 29…

Scott Gutterman to Join Beacon Offshore Energy as Chairman and CEO

Dec 19, 2018

Beacon Offshore Energy, wholly owned by funds managed by Blackstone Energy Partners, an affiliate of Blackstone, announced that Scott Gutterman has joined Beacon as its Chairman and Chief Executive Officer.In addition, industry veterans Paul…

CNOOC in Cooperation Pact with Nine Oil Majors

Dec 19, 2018

China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, ConocoPhillips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation, and Total.According to the agreements…

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