Latest News - page 1151

 

Woodside, Trafigura Load First Carbon Offset Condensate Cargo at Pluto LNG

Mar 15, 2021

Australian oil and gas firm Woodside and its Pluto LNG joint venture partners have delivered their first cargo of carbon offset condensate to commodity trading company Trafigura.The cargo was loaded at Pluto LNG plant in Western Australia, which…

Ex-CEO of MHI Vestas Offshore Wind Joins Maersk Supply Service Board

Mar 15, 2021

Philippe Kavafyan, former CEO of offshore wind turbine maker MHI Vestas Offshore Wind has been appointed as new board member at the Danish offshore vessel operator Maersk Supply Service.'As former CEO of MHI Vestas Offshore Wind, Kavafyan comes…

Oil Prices: Brent Hits $70

Mar 15, 2021

Oil prices rose on Monday, with Brent reaching $70 a barrel, as data showed China's economic recovery accelerated at the start of 2021, boosting the energy demand outlook at the world's largest oil importer.Brent crude futures for May were steady at $69…

UAE's Zakher Marine Wins Offshore Wind Installation Deal in China

Mar 15, 2021

UAE-based offshore vessel and jack-up services provider Zakher Marine International (ZMI) has secured its first windfarm installation contract in the South China Sea valued at $110 million. 'With this award, ZMI becomes the first UAE and [Gulf…

Guyana: Tullow Oil, Partners Keep Control Over Orinduik Offshore Block Until 2023

Mar 15, 2021

The government of Guyana has granted an extension to the term of the Tullow Oil-operated Orinduik offshore block that will see the block partners maintain control of the block until 2023. According to Eco Atlantic, Tullow Oil's partner in the offshore block…

Petronas, CNOOC to Collaborate on Cleaner Energy Solutions, LNG Bunkering

Mar 15, 2021

Malaysian oil company Petronas and China-based oil firm CNOOC, have signed a memorandum of understanding to 'pursue mutual growth through closer collaboration.''The MoU elevates the long-standing relationship between the two parties from primarily…

Ultrasonic Testing Technology Developed for NASA Comes to Offshore Assets

Mar 13, 2021

ABSG Consulting Inc. (ABS Consulting) signed an exclusive global licensing agreement to offer an innovative ultrasonic non-destructive testing (NDT) solution that supports expanded use of composite materials on offshore assets to extend service life…

Poor Risk Communication, Inadequate Maintenance Behind Fatal Gulf of Mexico Platform Incident

Mar 12, 2021

The U.S. offshore safety regulator BSEE has found several probable and possible causes - including communication breakdown, poorly maintained walking surfaces, and inadequate barricade installation - behind a fatal 2019 incident in which a Wood…

RWE Beefs Up Stake in UK Offshore Wind Farm

Mar 12, 2021

Renewable energy company RWE has increased its share in the Rampion offshore wind farm in the UK.The company said Friday it had taken over a further 20% stake in the wind farm from E.ON, meaning RWE, which has been the operator of the wind farm already…

Noble Corp. Nets New Rig Contracts, Extensions. Sees Uptick in Tender Activity

Mar 12, 2021

Offshore drilling contractor Noble Corporation has recently secured several drilling contracts and its CEO says there has been an uptick in tender activity in various markets.The company, which in February completed its financial restructuring…

VIDEO: Diverse Marine Delivers Offshore Wind CTV to Turner Iceni

Mar 12, 2021

UK-based workboat constructor Diverse Marine has delivered the offshore wind crew transfer vessel ‘Iceni Valour’ to Turner Iceni.'The vessel arrived successfully ahead of schedule in North Wales, to commence her 10-year charter in the Liverpool Bay area…

Minesto, Schneider Electric to Build "Ocean Energy Farms"

Mar 12, 2021

Tidal energy developer Minesto said Friday it had signed an agreement with Schneider Electric to work together to develop and build ocean energy farms based on Minesto’s Deep Green technology.The collaboration between Minesto and Schneider Electric…

Tulip Oil Agrees to Sell Dutch Subsidiary to Kistos

Mar 12, 2021

Oil company Tulip Oil has agreed to sell its Dutch subsidiary Tulip Oil Netherlands to Kistos for 220 million euros, plus 163 million euros of contingent payments, and 5 million euros of warrants.Tulip Oil Netherlands owns an operating interest in the Q-10A offshore gas field…

Ørsted Appoints Head of Government Affairs and Policy for New Jersey

Mar 12, 2021

Offshore wind developer Ørsted has appointed Madeline “Maddy” Urbish as Head of Government Affairs and Policy for New Jersey, a state which has set a goal of 7,500 MW of offshore wind energy by 2035.Ørsted said Urbish would be responsible for…

FAR to Sell Senegal Oil Field Stake to Woodside, as Lukoil, Remus Offers Incomplete

Mar 12, 2021

Australian oil and gas company FAR said Friday it would sell its stake in offshore blocks in Senegal to Woodside, subject to the approval of its shareholders, as proposed company takeover offers made by Remus and Lukoil were incomplete.To remind…

Current News

CNOOC Launches New Offshore Oil Development in Southern China

CNOOC Launches New Offshore Oi

Seatrium and Maersk Settle $475M WTIV Dispute

Seatrium and Maersk Settle $47

Lamprell Lands Four Offshore EPCI Contracts in Saudi Arabia

Lamprell Lands Four Offshore E

Shearwater Set to Start Multi-Client Survey Offshore Nigeria

Shearwater Set to Start Multi-

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine