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Bilfinger Secures Johan Sverdrup Contracts

Oct 30, 2018

German based Bilfinger said on Tuesday it has received follow-up orders from its contract partner, the Norwegian service company Aibel, that are to tie in with phase 1 of the Equinor operated Johan Sverdrup oil field project on the Norwegian continental shelf…

Engie Gets Green Light for Offshore Wind Projects in France

Oct 30, 2018

French energy group Engie said on Tuesday it has received clearance for its grounded 500 MW gigawatt capacity offshore Yeu and Noirmoutier wind projects.Engie said the 2 billion euro ($2.27 billion) projects, which it is developing with renewables company EDPR…

Rowan Reliance Awarded Fieldwood Contract

Oct 30, 2018

Offshore drilling contractor Rowan Companies plc announced Monday that its drillship Rowan Reliance has been awarded a contract in the U.S. Gulf of Mexico by Fieldwood Energy LLC.The contract is for a firm term of one year plus three 90-day options…

Tymor Marine Contracted for Vessel Mid-life Extension Program

Oct 30, 2018

Tymor Marine of Aberdeen has been tapped to deliver a vessel mid-life extension survey for the Irish Naval Service.Tymor will survey the Irish Navy’s P50 class vessels to assess the condition of their structure, systems, equipment and machinery…

BP Profits Soar to Five-year High

Oct 30, 2018

BP reported on Tuesday that profits had more than doubled in the third quarter, boosted by stronger oil prices that hit a four-year high in the period and as production rose thanks to new fields.BP reported third-quarter underlying replacement cost profit…

US Aims to Be Key Source of Global Energy Supplies

Oct 30, 2018

The United States will become a key source of energy supplies to meet growing demand globally, with innovation in technology and financing set to boost U.S. oil and gas production in the next decade, the country's top energy diplomat said.'In the next 5-10 years…

Turkish Drillship to Start Mediterranean Operations

Oct 30, 2018

A Turkish drilling ship will start operating in the Mediterranean Sea on Wednesday, 100 km (62 miles) off the coast of Antalya province, Energy Minister Fatih Donmez said, adding it would aim to open two drill holes annually.Donmez made the…

Baker Hughes Predicts Oil Market Growth, Misses on Profit

Oct 30, 2018

Baker Hughes, General Electric Co's oilfield services arm, fell just short of estimates for profit in the third quarter while forecasting a rise in North American and foreign markets in 2019 that ran contrary to signals from its peers.The results…

Wind Energy Marine Selects NSSLGlobal

Oct 30, 2018

NSSLGlobal signed a three-year contract with offshore support vessel provider Wind Energy Marine.The contract comprises the deployment of NSSLGlobal’s FusionIP VSAT terminal alongside its Oceanic Dynamics system aboard Wind Energy Marine’s new…

Ampyx Power, NLR to Join Wind Energy Solutions

Oct 30, 2018

The Dutch Topsector Energie-TKI Wind op Zee recently awarded a subsidy to Dutch wind energy technology developer Ampyx Power and the Netherlands Aerospace Centre (NLR).The two organizations are undertaking a joint project aimed at optimizing…

Eni Makes New Oil Discovery in Offshore Norway

Oct 30, 2018

Eni announced a new oil discovery in the western Barents Sea within licence PL 532, the new discovery has been made through the exploration well 7220/5-3, drilled in a water depth of 409 m in the Skruis Prospect in License PL 532 (Equinor 50% Op…

Senvion, Toshiba Energy Systems Form Wind Energy Alliance

Oct 30, 2018

Toshiba Energy Systems & Solutions Corporation and German wind turbine equipment manufacturer Senvion GmbH announced that they signed a mutually non-exclusive strategic cooperation agreement for the distribution of onshore and offshore wind power generation systems…

Sembcorp Marine Bags Offshore Wind and Ferry Projects

Oct 30, 2018

Sembcorp Marine is breaking new ground in renewable  energy engineering solutions with two separate projects worth over S$200 million (USD 145 mln).The Group has inked an agreement with Ørsted Wind Power subsidiary Optimus Wind Limited for engineering…

McDermott Gets Saipem as Partner for NextDecade

Oct 30, 2018

McDermott International announced that it plans to partner with the Italian oil and gas industry contractor Saipem S.p.A. to bid for NextDecade's planned Rio Grande LNG project in Brownsville, Texas.'Our joint bid with Saipem will feature optimized…

Goldsboro LNG Project Eligible for $1.5bln German Loan

Oct 30, 2018

Pieridae Energy announced that its proposed financing of upstream activities within the Goldboro LNG project has received a written confirmation of eligibility in principle for up to US $1.5 billion of untied loan guarantee by the German federal…

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