Sunday, December 16, 2018

Oe Media News

 

Faroe Raises the Stakes in DNO Bid Battle

Dec 05, 2018

Faroe Petroleum has struck a deal to swap Norwegian oil and gas assets with Equinor, in a move that could raise the price that hostile bidder DNO has to pay to secure the British energy company.While Faroe Petroleum's Chief Executive Graham Stewart said the deal had been in the works before Norway's DNO launched its 608 million pound ($778 million) offer last month and was not intended to stop the bid…

Verus Boosts Production through Acquisitions

Dec 11, 2018

Verus Petroleum reports it boosted production from 1,500 to 18,000 barrels per day – a 12-fold increase in its production – in less than a year, through drilling and key acquisitions in the U.K. Continental Shelf.The private equity backed independent…

Husky Energy ‘Deeply Sorry’ for Oil Spill off Newfoundland

Dec 11, 2018

Canadian petroleum company Husky Energy submitted a preliminary report about the largest-ever oil spill in Newfoundland and Labrador and said it is “deeply sorry” for the incident.According to local media reports, the oil and gas company admitted that on November 16…

MarTID 2019: The Global Survey of Maritime Training Practices is Open

Nov 25, 2018

The second annual global Maritime Training Insights Database (MarTID) survey examines the impact of the autonomy trend in maritime operations on the training of future ‘seafarers,’ and as of November 26, 2018, the survey is officially ‘open’ for a period of approximately six weeks…

ALE, OM Heavy Lift to Raise Dundee Offshore Profile

Nov 21, 2018

Global heavy lift and transportation specialist ALE has expanded its heavy lifting services by establishing a non-disclosure agreement with the Port of Dundee, which is owned by Forth Ports, and lifting, jacking and storage specialist OM Heavy Lift to provide the full service of port operations…

GE Teams with Catapult to "Stay Ashore!"

Nov 20, 2018

GE Renewable Energy and the UK's Offshore Renewable Energy (ORE) Catapult have announced a $11 million four-year research partnership aimed at minimizing the time people have to spend offshore, which will enhance both safety and operating costs for offshore wind farms…

Liftboat Taking on Water in US Gulf

Nov 19, 2018

Fifteen people have been rescued from a liftboat that lost power and is listing and taking in water in the U.S. Gulf of Mexico.The master of the 134-foot liftboat Ram XVIII reported on Sunday that the vessel had a 45-degree list and no power…

Energean to Drill More in Greece and Israel

Nov 15, 2018

UK-based international oil and gas exploration and production company Energean Oil & Gas said that it is on track to achieve first gas from the Karish-Tanin project off the coast of Israel in the first quarter of 2021.The company with operations offshore Israel…

China Names CNPC Exec Top Energy Official

Nov 14, 2018

China's government has appointed a senior oil industry executive as the country's top energy official, state-run media China Energy News reported on Wednesday.Zhang Jianhua, president of China's largest oil and gas group CNPC, has been named director of the National Energy Administration…

Rosneft's CEO Says VTB Did Not Finance Share Sale

Nov 14, 2018

Russian state bank VTB did not finance the recent deal by Qatar to buy a stake in Rosneft and it is verifiable by looking at who has the oil giant's shares as collateral, Rosneft CEO Igor Sechin said on Wednesday.Reuters reported last week that…

Gabon Launches Offshore Exploration Round

Nov 07, 2018

Gabon plans to scrap a 35 percent corporate tax on energy companies as part of a revised hydrocarbons law and has launched a new offshore oil and gas exploration licensing round for 34 blocks, Oil Minister Pascal Ambouroue said on Wednesday…

Wind Blowing for Offshore Energy in Ireland

Nov 06, 2018

Ireland is the only country in the EU with a significant Atlantic coastline that is not currently developing offshore wind resources.Up to  1000MW of offshore wind resource in the Irish Sea is deliverable in the immediate future, with 3000MW additional potential there…

Madagascar Opens Fresh Offshore Licensing Round

Nov 06, 2018

Island nation Madagascar puts 44 blocks  in the Morondava Basin up for grabs, detailing exploration and exploitation periods under production sharing contracts.In the framework of the development of Madagascar's oil and gas potential, the Malagasy…

Next-Gen Autonomous Survey Vessels

Nov 06, 2018

Fugro has signed a joint development agreement with autonomous vessel technology firm L3 ASV to create the next generation of autonomous vessels for the commercial survey market.The partnership brings together the expertise of both companies…

Deutsche Windtechnik Goes to Taiwan with Yunlin Deal

Nov 06, 2018

German wind turbine servicing company Deutsche Windtechnik AG said  it is creating a subsidiary in Taiwan where the company will service Wpd’s 640-MW Yunlin offshore wind farm upon completion.At the offshore wind farm Yunlin, Deutsche Windtechnik Co…

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