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Eni Allegedly Tried to Sway Witness in Nigeria

Jul 18, 2019

Officials from Eni sought to convince a witness, a former Eni manager, to withdraw some statements he made during investigations into a Nigerian corruption case involving the Italian oil group, a court heard on Wednesday.Prosecutor Fabio De Pasquale made the comment in a trial hearing into the case…

Schlumberger Names New CEO, Tops Revenue

Jul 19, 2019

Schlumberger NV said on Friday Chief Operating Officer Olivier Le Peuch will replace longtime Chief Executive Officer Paal Kibsgaard, as the company looks to shore up its position as a leader in drilling technology.The world's largest oilfield…

Santos Posts Record Production in Q2

Jul 17, 2019

Australia's No 2 independent gas producer Santos Ltd said on Thursday it had clocked record gas production in the second quarter on stronger output across its Western Australia gas assets.Production for the three months to June 30 rose to 18…

Vineyard Wind to Fight Against Rejection

Jul 16, 2019

The developer of the 800-MW Vineyard Wind offshore wind project in the US will request a superseding order from the Massachusetts Department of Environmental Protection (MassDEP) to overturn denial of the project’s application before the Edgartown Conservation Commission…

Maersk Firm to Buy Wind Turbine Supplier

Jul 10, 2019

A.P. Moller Holding, which controls Danish shipping giant A.P. Moller-Maersk will acquire Danish wind turbine supplier KK Group, it said on Wednesday, in a first step into the renewable energy industry.The acquisition marks a new direction for the family-owned company…

Sif to Build Monopiles for Vineyard Wind

Jul 10, 2019

Sif Holding n.v. will manufacture 84 monopiles (103 KTon steel) for the United States' first large-scale offshore wind farm, the 800 MW Vineyard Wind project off the coast of Massachusetts.Sif, based in the Netherlands, said its scope comprises manufacturing of the monopiles…

North Sea Capital Making Inroads

Jul 15, 2019

It might be peak IPO season (Forbes), and technology investors may be looking elsewhere (say fintech), but two years of venture capital investments in the North Sea are rounding on stranded North Sea value.The old investor pattern of looking…

MacGregor Cleared to Buy TTS Unit

Jul 15, 2019

Marine and offshore equipment and services form MacGregor announced on Monday it has received a clearance decision from the Chinese competition regulator, SAMR, for the company’s acquisition of the marine and offshore businesses of TTS Group ASA…

Total Fined for North Sea Chemical Discharge

Jul 09, 2019

Denmark has fined French oil and gas major Total 500,000 Danish crowns ($75,145) for the discharge of chemicals in the North Sea by a company it bought in 2017, Danish broadcaster DR said on Tuesday.Maersk Oil, the former oil unit of shipping giant A…

Deepwater Leads in Discovered Oil and Gas

Jul 12, 2019

Half of the 6.7 billion barrels of oil equivalent (boe) new conventional oil and gas discoveries in the first half of 2019 were deepwater finds, signalling a return for explorers to high-risk frontier deepwater plays, said analyst Rystad Energy…

EU Threatens Turkey with Sanctions over Cyprus Drilling

Jul 11, 2019

The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey's 'illegal' drilling for gas and oil off Cyprus and stands ready to ramp up sanctions further, a draft statement seen by Reuters shows…

Shelf Drilling Bags Gulf of Thailand Gig

Jul 08, 2019

Dubai-headquartered offshore drilling contractor Shelf Drilling has secured a contract for the Shelf Drilling Scepter jack-up rig with Chevron Thailand Exploration and Production for operations in the Gulf of Thailand.The contract for the  2008…

ExxonMobil’s Exit Not a 'Major' End in Norway

Jun 24, 2019

The withdrawal from Norway’s offshore sector of ExxonMobil appears to be underway, and the development to some looks like the start of a pullout of “international oil majors” from a sector dominated by stately player, Equinor.True, ExxonMobil’s departure is symbolic…

Allseas Buys Bluerise in Renewables Push

Jul 09, 2019

Offshore contractor Allseas says it has acquired Bluerise, a developer of ocean thermal energy conversion (OTEC) technology, in a push targeting the renewables industry.Based in Delft, the Netherlands, Bluerise, founded by Berend Jan Kleute and Remi Blokker…

Thought Leadership: Class & Regulations

Jul 09, 2019

Senior representatives from “thought leaders” ABS, DNV GL and Lloyd’s Register weigh in on some of the top class and regulatory issues facing the offshore industry today, from decommissioning and decarbonization to cyber security, unmanned surface vessels and beyond…

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