The UK will account for 35% of the growth in offshore wind over the next five years, followed by the Netherlands and Germany, said , according to WindEurope’s new ‘Wind Energy Outlook to 2023’.In the next five years 22 GW of wind energy capacity…
U.S.-based Chevron Corp said on Friday it signed an agreement with a unit of Royal Dutch Shell to buy a 40% stake in three deepwater blocks in the Mexican Gulf that the Anglo-Dutch firm won in auctions under the nation's energy reform.The deal…
The US Department of the Interior's Bureau of Ocean Energy Management (BOEM) plans to offer about 78 million acres in a region-wide Gulf of Mexico lease sale scheduled for March 2020.Lease Sale 254, which would include all unleased areas in…
Norway's Martin Linge offshore oil and gas project will cost $865 million more than previously expected and take an extra half year to come on line, the government and operator Equinor announced on Monday.The government has also raised its estimate…
Neptune Energy and its joint venture partners BP and JAPEX today announced Valaris has been awarded a contract to provide a heavy-duty jack-up drilling rig for the Seagull development oil project in the UK North Sea.Valaris will provide the…
A group of offshore wind industry members that includes Equinor, Magellan Wind and Principle Power have launched an offshore wind group in California.The Offshore Wind California (OWC) said it is committed to providing industry expertise, innovative solutions…
Independent oil and gas company Jadestone Energy said replacement subsea umbilical cables have been installed at the Montara complex, offshore Australia.The project to replace the umbilical cables, which provide electrical power and control signals to the Montara complex subsea well-heads…
Dutch maritime contracting company Royal Van Oord said that its offshore installation vessel Aeolus has successfully completed the installation of 31 turbines on monopiles at the Deutsche Bucht wind farm being developed by Canada's Northland Power offshore Germany…
Oil futures jumped 10% on Monday after an attack on Saudi Arabian crude oil processing facilities over the weekend sliced the kingdom's production in half and threatened to hamper shipments from the world's largest crude exporter.Prices initially…
The topsides for Noble Energy’s Leviathan development in the Mediterranean were installed this weekend by the world's largest crane vessel, offshore contractor Heerema Marine Contractors announced.Sleipnir installed the Leviathan development’s two main topsides with a total weight of 24…
Texas-based oil and natural gas producer W&T Offshore has closed the previously-announced purchase of ExxonMobil interests in and operator-ship of oil and gas producing properties.The properties includes those in the eastern region of the Gulf of Mexico…
Pintsch Bubenzer installed a series of Twin Safe TS800 brakes on two 10,000-metric ton (22 million pound) capacity cranes and auxiliary hoists aboard a giant semi-submersible crane vessel (SSCV) that has recently completed its maiden voyage…
The first turbine at developer Northland’s 269MW Deutsche Bucht wind farm off Germany has started delivering power to the country’s grid.“This is a great achievement for our Deutsche Bucht project,” said Jens Poulsen, Project Director of Northland Deutsche Bucht GmbH…
A developmental drilling program in the producing Manora field offshore Thailand has been completed ahead of schedule, project partner Tap Oil announced on Tuesday.The first of the three wells was spudded on July 9 by the Ensco 115 jack-up drilling rig…
Sparrows Group said its US business has become the first company in the US to be certified as a Recognized External Specialist by the American Bureau of Shipping (ABS) for Dropped Objects Risk Inspection and Program Audits.Sparrows has provided…
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