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EDS Wraps Up Horns Rev 3 Work

Feb 19, 2020

UK high voltage engineering specialist EDS HV Group has completed consultancy work at Vattenfall's 407MW Horns Rev 3 (HR3) wind farm off Denmark.Vattenfall’s Horns Rev 3, located off the coast of Denmark, contains 49 8.3MW MHI Vestas turbines…

Alphabet Winds Down Makani

Feb 19, 2020

Alphabet, Google's parent company, announced that it is calling it quits on its efforts to build and monetize its Makani wind energy kites.Google acquired Makani, which developed airborne wind turbines and aimed to make wind energy more accessible and affordable…

COWI Wins Atlantic Shores OWP

Feb 19, 2020

Denmark-based international consulting group COWI has won a contract to provide a concept design of the electrical transmission infrastructure system for the Atlantic Shores Offshore Wind (ASOW) project located off the coast of New Jersey, New York…

Excelerate to Manage FSRUs In-house

Feb 19, 2020

Houston-based Excelerate Energy’s unit, Excelerate Technical Management (ETM) has been authorized to operate as ship manager for its parent company’s entire fleet of floating storage and regasification units (FSRUs).The Republic of the Marshall…

Fugro: Offshore Market Grows Despite Concerns

Feb 19, 2020

The offshore oil and gas market continues to grow despite geopolitical developments and concerns over reduced global economic growth, said the Dutch multinational Fugro.'The outlook across Fugro’s market segments is positive as offshore wind…

Norway's Daily Oil Production to Spike 6.7% by 2020 End

Feb 19, 2020

Norway's daily oil production is expected to be 6.7% higher at the end of this year than at the end of 2019, as a major oilfield ramps up output, forecasts published by the Norwegian Petroleum Directorate (NPD) showed on Wednesday.The country's preliminary oil output in January stood at 1…

Brazil Breaks Oil Output Record in January

Feb 19, 2020

Oil companies produced 3.17 million barrels per day (bpd) on average in Brazil in January, a volume 20.4% larger than seen in the same month a year earlier and an output record for the country, oil regulator ANP said on Wednesday. Natural gas production increased 22% over January 2019 to 138…

Floatech Must Pay $6,25M to Drydocks World, Court Rules

Feb 19, 2020

A Dubai court has ruled that Floatech, a subsidiary of Malaysia's TH Heavy Engineering, must pay $6,25 million to Dubai's Drydocks World.Drydocks World in April 2019 presented Floatech with a writ of summons demanding Floatech to pay the $6…

Indonesia: Inpex Finds Buyers for Masela Gas

Feb 19, 2020

A unit of Japan's Inpex Corp signed on Wednesday a memorandum of understanding to supply gas to Indonesian state companies PT Perusahaan Listrik Negara (PLN) and PT Pupuk Indonesia.It would be the first sales deal for gas produced from Indonesia's…

Tower Resources: Farm-out Talks Progressing Well

Feb 19, 2020

Tower Resources Cameroon SA, a wholly-owned subsidiary of Africa-focused Tower Resources Plc, has hinted at good progress on the ongoing discussions with potential farm-in parties into the Thali PSC offshore Cameroon.The progress in the negotiations…

Floating Production: The Next Chapter

Feb 19, 2020

The market for floating production, storage and offloading units (FPSO) is heating up. Séverine Baudic, SBM Offshore’s Managing Director for Floating Production Solutions, weighs in on the strategic initiatives and technological innovations…

Mapping in the Cloud

Feb 19, 2020

How cloud-based computing is transforming subsea surveyDigitalization has revolutionized the world, and hydrographic survey techniques are no exception. While advances in mechanical design have enabled the survey of increasingly remote locations…

Coronavirus Spurs Oil Majors to Cancel IP Week Events

Feb 19, 2020

The list of parties at London's International Petroleum Week, one of the world's biggest oil industry gatherings, continues to shrink as hosts such as ExxonMobil and Azerbaijan's SOCAR cancel events due to the coronavirus, trading sources said…

Sparrows' Cranes for Qatargas' North Field Platforms

Feb 19, 2020

UK-based offshore equipment specialist Sparrows Group has signed a deal for the delivery of three cranes for Qatargas' giant North Field offshore expansion project.Sparrows said Wednesday the contract was secured through McDermott International…

Eidesvik Offshore Duo in 4-Month Charter with Seabed Geosolutions

Feb 19, 2020

Offshore supply vessel operator Eidesvik Offshore has signed a deal to provide two of its vessels to the seismic company Seabed Geosolutions.The Norwegian vessel owner said Wednesday it would, under the contracts, provide the seismic source…

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