Latest News

 

Vestas Working on Zero-Waste Wind Turbines

few minutes ago

Danish manufacturer of wind turbines Vestas is working towards becoming even more sustainable, as it is now striving to develop zero-waste wind turbines.'Vestas is expanding its sustainability focus beyond the positive contribution of its products to also address waste generated in the value chain…

Lukoil Eyeing Azeri Offshore Blocks

1 hour ago

Russian oil giant Lukoil plans to sign an agreement with Azerbaijan's state energy company SOCAR for two offshore blocks in Azerbaijan, the Interfax news agency reported on Wednesday. CEO Vagit Alekperov told reporters in Davos that the two firms are discussing a number of projects…

Edison Spuds Egypt Offshore Well

1 hour ago

Oil and gas exploration firm Edison has reportedly started drilling operations at its North Thekah concession offshore Egypt.According to what appears to be Edison's press release circulated online, Edison started drilling on January 18, 2020 in the Mediterranean Sea block…

FAR Inks Sangomar Oil Offtake Deal with Glencore

2 hours ago

Australian oil company FAR Ltd. has signed a deal with Glencore, one of the world's largest oil marketers, for the full allocation of Far's share of the future oil production from the Sangomar field offshore Senegal.FAR, which owns a 15% stake in the recently sanctioned…

EMGS Nets More Acquisition Work with Pemex

3 hours ago

Norwegian marine data acquisition firm EMGS has been awarded more work with the Mexican oil company Pemex in Mexico.As previously reported, EMGS had in June 2019 signed a two-year acquisition contract with Pemex with a valued at around $73.3 million…

PGS to Raise $95M in New Equity to Refinance Debt

3 hours ago

Norway's seismic surveyor PGS plans to raise up to 850 million Norwegian crowns ($95 million) in new equity via a private placement to partly refinance its debts maturing in the next 18 months, the company said on Tuesday. The Oslo-listed company…

BW Energy Completes 2nd Producer at Tortue 2 in Gabon

4 hours ago

BW Energy has completed the second production well of the Tortue Phase 2 development, offshore Gabon.'The DTM-5H well marks the completion of the first of two new well clusters on the Tortue field which will be tied back to the FPSO BW Adolo and boost oil output…

New Contracts for DOF in Australia

4 hours ago

Norwegian offshore support vessel owner DOF Subsea has said it has won several-contract awards in the Asia Pacific region.'DOF Subsea is pleased to announce several contract-awards in the APAC region, securing further vessel and resource utilization in Q1 and the first part of Q2 2020…

Record Production for Santos

5 hours ago

Santos Ltd posted record annual production on Wednesday, benefiting from higher gas output at its Western Australia assets.Australia's second-biggest independent gas producer acquired Quadrant Energy in late 2018 for more than $2 billion, boosting…

Shearwater Clinches 3D Survey Work Offshore India

5 hours ago

Shearwater GeoServices will carry out a 3D marine seismic survey offshore India under a new contract awarded by ONGC.The Norwegian seismic company will start the 3D broadband marine seismic acquisition campaign in Q1 2020.The 4-month survey for the Indian oil company covers 2…

Hellenic Wins Cable Contract for Mayflower Wind

Jan 21, 2020

Greece-based Hellenic Cables, through its subsidiary Hellenic Cables America, announced  an agreement with Semco Maritime for the supply of inter-array cables for the Mayflower Wind project, a joint venture of Shell New Energies US LLC and EDPR Offshore North America LLC…

CMHI Builds Alfa Lift

Jan 21, 2020

The construction of the 48,000 dwt semi-submersible offshore wind farm foundation installation vessel, Alfa Lift, is progressing at the China Merchants Heavy Industry (CMHI) shipyard.CMHI has installed 78 out of 162 blocks in the dock of Offshore…

US Offshore Wind Capacity to Reach 20GW by 2030

Jan 21, 2020

Installed offshore wind capacity in US waters could reach 20 gigawatts by 2030 and annual investments in the sector could surpass $15 billion by the mid-2020s, according to new research by Rystad Energy.According energy research and business intelligence company…

Fugro Wrap Up Sea Seep Hunting Study

Jan 21, 2020

Geophysical services provider Fugro and the Colombian Maritime Authority (DIMAR) have completed a joint environmental seep hunting study to help assess the country’s resource potential in the Caribbean Sea.The study involved shallow water seabed sediment coring…

Ørsted Tops World's Sustainable Companies

Jan 21, 2020

The global leader in offshore wind Ørsted becomes the first-ever energy company to top a index.The Denmark-based global power company has outperformed more than 7,300 global companies with billion-dollar revenues to rank #1 in Corporate Knights'…

Current News

Vestas Working on Zero-Waste Wind Turbines

Vestas Working on Zero-Waste Wind Turbines

Lukoil Eyeing Azeri Offshore Blocks

Lukoil Eyeing Azeri Offshore Blocks

Edison Spuds Egypt Offshore Well

Edison Spuds Egypt Offshore Well

FAR Inks Sangomar Oil Offtake Deal with Glencore

FAR Inks Sangomar Oil Offtake Deal with Glencore

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