Latest News - page 1351

 

Ørsted to Build Two Wind Farms Off Taiwan

Apr 30, 2019

The world’s largest developer of offshore wind farms Ørsted announced Tuesday it will proceed with building two wind farms offshore Taiwan as the country continues its push to attract investment in renewables.Changhua 1 and 2a will be constructed in 2021 and 2022…

A Sliding Scale of Residency

Apr 30, 2019

Seabed deployed remotely operated underwater vehicles (ROV) are already here. Since early last year, IKM Subsea has been operating its Merlin UCV R-ROV (resident ROV) from a cage placed beneath Norwegian operator Equinor’s Snorre B production facility offshore Norway…

Aker Solutions Raises 2019 Forecasts

Apr 30, 2019

Norway's Aker Solutions ASA raised its 2019 revenue outlook on expected higher spending on the offshore oil services and reported better than expected first-quarter profits, lifting its shares on Tuesday.The upbeat sentiment on oilfield spending…

Activists End Occupation of Arctic Drill Rig

Apr 30, 2019

Greenpeace activists climbed down from a Seadrill drilling rig in Norway on Tuesday and are no longer occupying it, the environmental group told Reuters.The rig, which was boarded by four activists on Monday, will be used next month by Equinor to explore for oil and gas in the Arctic…

Baker Hughes Profits from Foreign Focus

Apr 30, 2019

Baker Hughes reported negative free cash flow for the first quarter at a time energy investors have been pushing companies to aggressively shore up capital for dividends and buybacks, sending its shares down as much as 8.5 percent.Oilfield service companies…

Rhenus Commences Borssele Alpha Supply

Apr 30, 2019

Rhenus Offshore Logistics has completed its first supply trip to the 700MW Borssele Alpha offshore platform  in the Dutch North Sea.Rhenus has taken over the complete supply logistics for its customer, HSM Offshore, during the installation work…

Scotland to Launch Offshore Wind Project in October

Apr 30, 2019

Scotland’s new leasing round for offshore wind projects is likely to fully launch in October 2019, Crown Estate Scotland, the public body responsible for leasing Scotland’s seabed, has announced. It will be at that point that applications for developments can start to be received…

Worley Wins Rhode Island OWF Contract

Apr 30, 2019

Denmark's offshore wind giant Ørsted has awarded WorleyParsons a core role in its Revolution Wind project, which will see the design and installation of a 700-megawatt offshore wind farm, located 15 kilometers south of the Rhode Island coast…

Noreco Acquires Shell Danish North Sea Assets

Apr 30, 2019

Danish Energy Agency (DEA) has granted its approval to Norwegian Energy Company (Noreco) for the acquisition of Shell’s Danish upstream assets.Noreco is now one step closer to completing its takeover of Shell’s upstream assets in Denmark after receiving government approval for the $1…

65,000 Wells will be Drilled in 2019

Apr 30, 2019

Rystad Energy forecasts that the number of onshore and offshore oil and gas wells drilled globally will increase to around 65,000 in 2019.Activity levels are then projected to remain around this level through 2023, the energy research and business intelligence company said…

Aker Completes Appraisal Drilling off Ghana

Apr 29, 2019

The offshore oil and gas operator Aker Energy Ghana, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, announces that is has concluded its appraisal drilling campaign offshore Ghana.The Company is currently working on a revised Plan for Development and Operations (PDO)…

OKEA Bags Drilling Contract for Deepsea Nordkapp

Apr 29, 2019

Norwegian oil and gas company OKEA has secured the Odfjell Drilling-owned semi-submersible rig Deepsea Nordkapp to drill for upside opportunities within and surrounding the Draugen field offshore Norway.The drilling operation is expected to commence in Q4 2019…

Pacific Drilling Goes Digital with Oceaneering

Apr 29, 2019

An industry-first partnership aims to enable better, more reliable connectivity on board offshore drilling rigs, marking a key step for the implementation of new and expanded digital services.Oceaneering International and Pacific Drilling announced…

Interview: Allen Leatt, CEO, IMCA

Apr 29, 2019

The mission of the International Marine Contractors Association (IMCA) is 'to improve performance in the marine contracting industry', and that’s precisely what Allen Leatt has set out to do since taking over as the trade association’s chief executive in 2015…

Boskalis to Install Cables for Hornsea 2

Apr 29, 2019

Royal Boskalis Westminster N.V. (Boskalis) said it has been awarded a €100 million ($111.6 million) contract from Ørsted to install three export cable circuits for the Hornsea 2 offshore wind farm.The wind farm will consist of up to 165 turbines with a maximum capacity of 1…

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