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US Plans to Sanction Russian Vessel Involved in Nord Stream 2

Jan 18, 2021

The United States has told European allies it plans to impose sanctions on a Russian pipe-laying ship, 'Fortuna', involved in construction of the Nord Stream 2 gas pipeline from Russia to Germany, German business daily Handelsblatt reported on Monday…

Siemens Gamesa to Charter Ziton's Jack-up

Jan 12, 2021

Danish offshore wind farm vessel provider Ziton has secured a contract for the Wind Enterprise jack-up vessel with the wind turbine maker Siemens Gamesa.According to Ziton's statement on Tuesday, Siemens Gamesa has, through a tender, selected…

SMM's Offshore Dialogue: The Value Of Wind And Water

Jan 12, 2021

At the SMM Hamburg's Offshore Dialogue online conference on February 2, international experts will discuss current trends in the offshore wind farms segment, technical challenges facing tidal and wave energy conversion, and innovative ocean monitoring technologies…

EIG Sells Share in Brazil-Bolivia pipeline, Eyes Petrobras' Assets

Jan 06, 2021

EIG Global Energy Partners has sold to Fluxys Belgium a portion of South America's biggest natural gas pipeline, clearing a regulatory obstacle to buying a bigger share of the Brazil-Bolivia duct, EIG's CEO said on Tuesday.U.S.-based EIG wants…

TMC to Deliver Compressors for Shell's Bonga FPSO

Jan 11, 2021

TMC Compressors (TMC), a Norway-based provider of compressed air systems for the marine and offshore industry, has won a contract to supply a complete offshore topside compressed air system to Shell's Bonga Main FPSO in Nigeria.TMC will deliver…

Tekmar's Pipeshield Bags 'Largest' Contract

Jan 08, 2021

UK-based offshore energy technology and services company Tekmar has said that its Pipeshield International subsidiary has won its largest-ever contract.'Pipeshield International Limited...has secured its largest contract win to date, to design…

Energean Buys Total's Interest in Block Offshore Greece

Jan 08, 2021

Oil and gas company Energean has completed its takeover of Total’s entire 50% interest and operatorship in Block 2, offshore Western Greece. Coupled with the 25% working interest that Energean bought through the recent acquisition of Edison E&P…

Boskalis Buys Rever Offshore's Subsea Services Business

Jan 05, 2021

Dutch marine contractor Boskalis on Monday acquired all the shares of Rever Offshore’s subsea services business.Rever, formerly known as Bibby Offshore, provides solutions in the area of subsea construction, inspection, repair, and maintenance…

Energean to Pay Up to $405M for Remaining Stake in Energean Israel

Dec 30, 2020

Mediterranean Sea-focused oil and gas firm Energean has entered into an agreement to buy Kerogen’s 30% shareholding in Energean Israel, which would result in Energean owning a 100% stake in the company.Energean Israel holds a 100% working interest in the Karish and Tanin leases…

Brazilian Oil Firm Buys Offshore Drilling Rig for One Dollar

Dec 28, 2020

Brazilian oil company PetroRio has signed an agreement to buy a 1974-built semi-submersible drilling rig for one dollar.The company earlier this month said it had signed a deal with Ventura for the acquisition, for US$ 1.00 (one US Dollar), of the Atlantic Zephyr rig…

KrisEnergy Brings Online Cambodia's First Offshore Oil Project

Dec 29, 2020

Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore's KrisEnergy Ltd and the government, both parties said on Tuesday, bringing an end to years of delays.Prime Minister Hun Sen…

Rockhopper Eyes 'Significant monetary damages' in Adriatic Sea Case

Dec 24, 2020

Rockhopper Exploration on Thursday said that a ruling on its arbitration against Italy over Ombrina Mare offshore field in the Adriatic Sea could be expected in early 2021, adding it expects to receive 'significant monetary damages.'The company…

Shelf Drilling Sells Jack-Up Rig to ADNOC for $77.6M

Dec 21, 2020

Oslo-listed offshore drilling company Shelf Drilling has agreed to sell a jack-up drilling rig to UAE-based ADNOC Drilling.Under the agreement, ADNOC Drilling, a drilling subsidiary of UAE's national oil company ADNOC, will buy Shelf Drilling's Shelf Drilling Journey jack-up drilling unit…

Woodside Wraps Buy of Cairn's Interests Offshore Senegal

Dec 23, 2020

Australian oil and gas giant Woodside Energy has completed the acquisition of Cairn's stake in Senegal's Rufisque Offshore, Sangomar Offshore, and Sangomar Deep Offshore (RSSD) joint venture, developing the Sangomar offshore oil field.As previously reported…

Iberdrola Breezes Into Polish Offshore Wind Market. Buys Stake in Sea Wind

Dec 20, 2020

Iberdrola said on Friday it had bought a 50% stake in North and Baltic Sea wind farm company Sea Wind for an undisclosed sum to jointly develop a portfolio of offshore projects in Poland, a new market for the Spanish group.The two companies…

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