Schlumberger disclosed a 22% decline in its full-year 2016 revenue, despite gaining US$4.2 billion from the Cameron Group, which the oil services giant took over in April 2016. Image of Kibsgaard…
'2012-14 was very buoyant. 2015 was exceptionally hard and 2016 was painful,' and there's little by way of good news until 2018-19, Subsea Expo, being held in Aberdeen this week, was told this morning (1 February). Image…
ScottishPower Renewables has awarded Van Oord the contract for East Anglia ONE offshore windfarm by ScottishPower Renewables (part of the Iberdrola Group) for the transport and installation of 102 three-legged jacket foundations. The new wind farm…
The US Department of the Interior (DOI) and Bureau of Ocean Energy Management (BOEM) are offering 122,405 acres offshore Kitty Hawk, North Carolina in a commercial wind lease sale in March. Map of wind energy areas off North Carolina…
Offshore exploration could, finally, soon be on the agenda in Lebanon after the country's first offshore licensing round was opened. Lebanon’s Energy Minister Cesar Abi Khalil announced on 26 January the opening and timetable for the round…
Apache’s FNT development may appear a bit “vanilla” on the surface, but a fit-for purpose and fast-to-first-oil ethos under the Apache Projects Group Mission Command management system meant the difference between production and stranded reserves…
The first Siemens 6 MW wind turbine from the Veja Mate Offshore Wind Farm in the German North Sea started supplying the German electricity grid with green, renewable energy, just 18 months after financial close, and two months ahead of schedule…
Mega mergers like FMC Technologies and Technip, Schlumberger and Cameron, and GE Oil & Gas and Baker Hughes have changed the subsea industry landscape forever, says Mike Beveridge, managing director at Simmons & Co. International. And…
Siemens has entered the offshore wind market in Belgium with a first order for the 309MW Rentel wind project. The customer is Rentel, part of the Otary partnership, a conglomerate of specialists from the Belgian renewable energy industry including investment and development companies…
There are slim pickings for fabricators in oil and gas sector, but as Steve Hamlen reports offshore wind fabrication has given firms some sustenance. Dudgeon jacket. Photos from Sembmarine SLP…
North Sea Energy (NSE) Chairman and CEO J. Craig Anderson and CFO Petya Popova are leaving the company with immediate effect, to pursue other interests. Anderson has been the CEO of NSE for the last 10 years, since founding the company…
Audrey Leon speaks with Tom Adams, vice president, Power Business Development, at ABS Group, to find out how the firm is offering its inspection and quality assurance services to the offshore wind industry. Image from iStock…
Dounreay Trì has awarded a construction contract for a floating wind farm off the northern coast of Scotland to Scottish energy sector service company, Global Energy Group. The twin turbine project which is subject to receiving planning consent…
Denmark’s DONG Energy will divest its activities within the oil and gas business by the end of 2017. Image of a DONG turbine, from DONG Energy. The company has already 'initiated…
Premier Oil's Catcher North Sea floating production project is on schedule for startup later this year with a 29% reduced capital budget compared to when it was sanctioned, at US$1.6 billion. The Catcher area is expected to produce 96 MMboe…