New North Sea, Baltic Sea pipeline adds to Norway’s $20.5 billion 2019 spendNorway — that most capital-intensive of oil provinces — will see investments offshore increase by $2.34 billion in 2019, after a year that saw seven oilfield projects…
Danish energy group Orsted posted third-quarter profit well above analyst expectations on Thursday and lifted its outlook for the year, in part thanks to the contribution from new offshore wind projects.Orsted now expects EBITDA for the year…
UK-based KNOT Offshore Partners has announced that John Costain has decided to step down as CEO and CFO of the partnership.'Although Costain is resigning in order to pursue other interests outside of the partnership, he will be available for the partnership until 31 May 2019…
Gabon's Minister of Oil and Hydrocarbons Pascal Houangni Ambouroué has unveiled a new offshore licensing round covering 12 shallow-water and 23 deep-water blocks.A report from global law firm Dentons pointed out that this new bid round for offshore…
Shares in Faroe Petroleum skyrocket 25 percent, as DNO’s takeover bid targets company that engineered low breakeven price.Oil prices might have fallen 30 percent since September’s highs, but there’s still great business to be had for Norway-based North Sea asset player DNO…
Energy giant BP has taken its first oil from the Clair Ridge mega-project in the U.K. North Sea in a “major milestone” that is the culmination of many years of work.Clair Ridge, the second phase of the development of the Clair Field, 75 kilometers west of Shetland…
Israel's Delek Drilling is looking to spin off its remaining 22 percent stake in the offshore Tamar gas field in 2019, the company's chief executive said on Monday.Last year Delek spun off an initial 9.25 percent of Tamar into a new company in Tel Aviv called Tamar Petroleum…
Norway-based provider of marine geophysical services Shearwater GeoServices Holding announced the completion of the acquisition of the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger…
Danish wind power giant Orsted sees surge in earnings from offshore wind, driving interim profits up 14 percent and earnings up 32 percent for the first nine months of 2018.The world’s largest wind farm operator, formerly known as Dong Energy…
Norway's Havila Shipping has entered into a charter contract with Equinor UK for the platform supply vessel (PSV) Havila Borg.The offshore service vessel (OSV) operator said in a press release that the contract was for approximately four months for the Havila Borg…
Norwegian offshore service and supply ship shipping company Solstad Offshore has entered into a contract for the CSV Normand Pioneer (1999, CSV, 286t BP) with Queiroz Galvão Exploração e Produção S.A in Brazil.The contract has a duration of…
The first liquefied natural gas (LNG) shipment from the giant Ichthys project in Australia arrived at Inpex's Naoetsu LNG receiving terminal in northern Japan on Wednesday, the Japanese operator of the project said.The LNG vessel Pacific Breeze…
Danish-based Semco Maritime has been awarded a 5-year service contract for the Deutsche Bucht offshore wind farm, owned by Northland Power. Alongside, Semco Maritime doubles staffing at offshore centre in Norddeich due to increasing activity…
EEW OSB, a Teesside facility that manufactures transition pieces (TPs) used in offshore wind farms, is entering the international market thanks to multiple contracts with Ørsted, the global offshore wind company.The multi-million pound contract…
UK-based offshore wind crew transfer vessel operator Njord Offshore Ltd will be managing a new purpose built 35-m Service Accommodation and Transfer Vessel (SATV) on long term charter to Siemens Gamesa Renewable Energy A/S for Formosa 1 offshore wind power plant in Taiwan…
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