Sweden's Vattenfall may raise its target for installing offshore wind power generation in Europe beyond the 11,000 megawatts (MW) it now plans to have in place by 2025, an executive said.Gunnar Groebler, the Swedish power firm's board member in charge of wind…
Angola, sub-Saharan Africa’s second largest oil producer after Nigeria, is optimistic the new fiscal and regulatory regime now in place would translate into a reversal of the country’s declining oil output and attract more private investment…
Installation is underway at Northland Power’s Deutsche Bucht offshore wind farm as MHI Vestas and other installation partners have successfully installed the first of 33 wind turbines.Deutsche Bucht, located 95 km northwest of the island of Borkum in the German North Sea…
American multinational oil and gas corporation ExxonMobil and its partners said that they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum…
Oil and natural gas producer W&T Offshore has discovered oil at the Gladden Deep prospect in Mississippi Canyon block 800 in the deepwater Gulf of Mexico.W&T is operator of the well, which is one of 14 planned for the drilling program under the Monza JV…
Seismic acquisition company Spectrum has commenced the first phase of a new high-density regional Multi-Client 3D survey, over a 2019 prioritised area of the UK’s Southern North Sea.The provider of Multi-Client seismic data and Seismic Imaging solutions to global oil and gas exploration company…
US crude inventory now 6% above the five year average – Brent crude price down 17% over past 10 daysRecent government data indicate a US crude inventory surplus has been forming. The latest EIA survey shows 483 million bbls in inventory as of…
US-based subsea robotics firm Houston Mechatronics, Inc. (HMI) said it has set out to develop Artificial Intelligence (AI) powered robotic hands for subsea manipulators, under a recent award from the Office of Naval Research (ONR).As technology matures…
Deepwater drilling activities require contingencies for temporary abandonment of the well, sometimes necessitated by wellhead change outs or riser work, and sometimes by Mother Nature.Existing mechanical solutions can struggle with restrictions inside the riser or seabed structure…
A new, state-of-the-art semi-submersible drilling rig being built by Keppel Offshore & Marine for Awilco Drilling will feature an integrated equipment suite from Kongsberg Maritime.Kongsberg said the milestone order from Keppel is its first…
Safety products manufacturer and service provider VIKING Life-Saving Equipment informs it has won a contract to supply CNOOC Petroleum Europe Limited, a wholly-owned subsidiary of CNOOC Limited, with personal protective equipment (PPE) and servicing for approximately 16…
A joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas (LNG) Development, McDermott International announced on Wednesday…
DEME Offshore’s newest heavy-lift jack-up Apollo has recently completed a one-month conversion project at Damen Shiprepair Dunkerque (DSDu) that included the installation of a moon pool on the main deck.According to DSDu, the technical demands…
JDR Cables reports it has signed a contract with DEME Offshore for the SeaMade offshore wind farm after a competitive tender. JDR, part of the TFKable Group, will design, manufacture and deliver 78.1 kilometers of aluminium core inter-array cables and a range of cable accessories…
The creditors of indebted French marine services company Bourbon reached a restructuring deal that would give them control of the company, protect jobs and draw new liquidity.Bourbon has been hurt by market overcapacity and a fall in spending on services by upstream oil and gas companies…
Subscribe
