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BP Rig Zigzags in Chase with Greenpeace Ship

Jun 17, 2019

A BP drilling rig heading to an oilfield in the British North Sea has been forced to turn away twice over the past two days as a Greenpeace vessel protesting climate change tries to hamper its progress.The high-sea chase is the latest step in Greenpeace's nine-day effort to stop the 40…

West Africa Offshore Outlook

Jun 17, 2019

The outlook for West Africa’s offshore oil and gas market remains positive despite some hiccups hinged on delay by some countries in the region to align their hydrocarbon regulations to prevailing market trends and the intensifying global competition…

ONGC Moves 35 Rigs for Monsoon Season

Jun 17, 2019

India’s Oil and Natural Gas Corporation Limited (ONGC) has moved a record high 35 offshore drilling rigs to new locations ahead of the Indian monsoon season, said marine and offshore engineering consultancy Aqualis Offshore.Aqualis Offshore assisted with the majority of the rig moves…

Equinor Drills Dry Arctic Exploration Well

Jun 17, 2019

Equinor's exploration well drilled near its Korpfjell gas find in the Norwegian Arctic has proved to be dry, Norway's Petroleum Directorate said on Monday, in an area near the Russian offshore border the company had hoped would be oil rich.This…

Atlantic Towing Buys Norwegian-built PSV

Jun 17, 2019

Canadian-based Atlantic Towing Limited said it has entered into a contract with Norwegian builder Havyard Ship Technology for the purchase of a Havyard 833 WE platform supply vessel (PSV), the Atlantic Harrier, for delivery in April 2020.Designed and built by Havyard Ship Technology…

Greek PM May Seek Sanctions Against Turkey in Gas Row

Jun 17, 2019

Greece and Cyprus will push their EU partners to penalize Turkey, including the possible option of sanctions, if Ankara is verified to have started drilling for gas west of Cyprus, Greek Prime Minister Alexis Tsipras said on Sunday.The discovery…

Bigger, Bolder, Heavier

Jun 17, 2019

Europe’s offshore wind market is growing faster than anyone expected – not least in terms of the components being installed. Could this mean a challenge for the existing installation fleet?While offshore wind is seen by many as a maturing market in Europe…

Norwegian Sea Gas Province an Oil Draw

Jun 17, 2019

Equinor announced on Monday that it has discovered oil and gas in separate formations of cut by the same well, and all indications are that a new oil-heavy play in a Norwegian Sea gas province may create a rush to oil if the area’s notoriously splintered geology can be mastered…

Petrobras Confirms Large Natural gas Discovery

Jun 17, 2019

Brazilian state-run oil firm Petroleo Brasileiro SA has made natural gas discoveries in six deepwater fields in the Sergipe Basin, it said in a regulatory filing on Monday.Petrobras said it is now looking at drawing up a budget plan to finance…

Equinor Makes Two Finds in the Norwegian Sea

Jun 17, 2019

Equinor and its partners Ineos E&P and Faroe Petroleum have made an oil and gas discovery in exploration well Snadd Outer Outer/Black Vulture in production licence 159B in the Norwegian Sea. The well had two different reservoir targets; an upper…

Japanese, Australian Firms Join for FLNG Project

Jun 17, 2019

Australia's Transborders Energy  announce it has entered into a Joint Study Agreement with Japanese utility  Kyushu Electric Power Co., Inc. and its affiliate Kyushu Electric Australia Pty Ltd (Kyushu).  The Joint Study Parties will work together…

Steelwind Bags Yunlin OWF Gig

Jun 17, 2019

German offshore foundations manufacturer Steelwind Nordenham has received an order from YunNeng/wpd for its 640MW Yunlin Offshore Wind Farm (OWF) in Taiwan.The order is for 40 monopiles, as well as 120 segments for Formosa Heavy Industries (FHI)…

EDF Consortium Wins 600 MW Dunkirk OWP

Jun 17, 2019

France's state-owned utility, EDF, and its consortium partners Canada's Enbridge and Germany's Innogy has won a contract for a major 600 megawatt (MW) offshore wind project near Dunkirk in western France, Environment Minister Francois de Rugy said…

Mermaid Gets Funds for Two Vessels

Jun 17, 2019

Thailand-based offshore drilling services company  Mermaid Maritime Public Company said that  its subsidiary Mermaid Subsea Services Thailand (MSST) has entered into a $65 million loan deal with the Export-Import Bank of Thailand (Exim).As per…

Harvey Gulf Scouting Merger Opportunities

Jun 16, 2019

In both 2018 and the start of 2019, Harvey Gulf made no secret that they were exploring possible merger and acquisition opportunities. Their first major play was a merger proposal with fellow US owner GulfMark, who at the time was in discussions to merge with US OSV behemoth Tidewater…

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