The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia AS a drilling permit for well 25/7-9 S, cf. Section 15 of the Resource Management Regulations.Well 25 / 7-9 S shall be drilled from the drilling equipment Leiv Eiriksson at position 59 ° 15'17…
Neptune Energy has acquired from Eni a 20% participating interest in the in the East Sepinggan area offshore Indonesia.Eni, with 65% interest, will continue to be the operator of the area which is located in the East Sepinggan area, offshore East Kalimantan in Indonesia…
Ardea, a 20-meter catamaran crew transfer and support vessel, was delivered to Cape Preston in Western Australia earlier in 2019, Australian marine engineering design company Incat Crowther announced.Built by Echo Marine Group, the Incat Crowther 20 design has proven speed…
The European offshore wind industry needs an area equivalent to the size of Ireland to install enough turbines to reach carbon neutrality by 2050, a target for most EU members, a leading industry group said in a report.Fighting climate change…
SBM Offshore announced on Friday it has completed the purchase of Constellation’s equity ownership in the lease and operating companies related to five Brazilian floating production, storage and offloading units (FPSO).The Netherlands based…
Takeover offers for the assets and activities of French offshore services company Bourbon will be reviewed by the Marseilles Commercial Court next month, Bourbon said in a a company update.Four candidates have submitted an offer concerning assets…
It’s been quite a week offshore Norway, with Equinor notching a commercial-looking find and ConocoPhillips finding oil and gas, as drill bits turn and investments get the nod.While OE Digital reported Equinor’s find, ConocoPhillips’ discovery…
PGNiG Upstream Norway bought 10 percent shares in the PL636 and PL636B licenses in the North Sea from Pandion Energy, thus increasing its ownership in the Duva field to 30 percent.Duva oil and gas field (formerly Cara) is located in the Norwegian sector of the North Sea at a water depth of 360m…
Repsol will acquire a 20% nonoperated interest in the Monument prospect that oprator Equinor is drilling in the Northwest Walker Ridge area in the deepwater Gulf of Mexico, Equinor said in an announcement on Thursday.The Norwegian energy copany…
Mayflower Wind Energy, a joint venture of Shell New Energies US and EDPR Offshore North America, has been chosen by Massachusetts for an 804-MW offshore wind farm (OWF), located 20 miles south of Nantucket.“Mayflower Wind is proud to have been…
Jan De Nul Group has finished installing foundations, power cables and scour protection on the 120MW second phase of the Formosa 1 offshore wind farm off the coast of Taiwan.According to the company that provides services related to maritime…
Oil prices were steady on Monday, holding on to strong gains last week, after Russia affirmed its commitment to a deal with OPEC producers to keep production in check and support prices.Brent crude was down 1 cent at $62.01 a barrel by 0055 GMT…
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia AS a drilling permit for well 25/7-8 S in the western Norwegian North Sea.According to a press note from NPD, the semisubmersible Leiv Eiriksson will drill well 25/7-8 S…
Germany's northern states and federal government want to nearly triple the country's installed offshore wind power capacity within ten years with a new expansion target of 20 gigawatts (GW) by 2030.In a multi-state meeting in Hannover, committing to “fix the goal legally in the coming months”…
Formosa 1 announced that the installation of all 20 wind turbines for phase 2 of the project has now been completed.Formosa 1 is the first commercial-scale offshore wind farm in Taiwan and will be able to supply 128,000 households with clean power…
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