Offshore Drilling News

 

Ireland: Providence Pens Barryroe Field Farmout Deal with SpotOn

9 hours ago

Ireland-based oil and gas company Providence Resources has signed a farm-out deal with SpotOn Energy for the offshore block in Ireland containing the Barryroe oil and gas discovery.Providence Resources, together with its partner Lansdowne Oil & Gas agreed to farm out a 50% working interest in SEL 1/11 offshore license containing the Barryroe field to the Norwegian firm SpotOn, months after it started the farm-out talks…

UK: Clean Energy Investments Could Grow North Sea Jobs to 232,000 by 2050

11 hours ago

The UK North Sea energy jobs count will drop by at least 20 percent in the coming years without urgent investment in the clean technologies needed to create a net-zero offshore energy system, a report by OGTC and Offshore Renewable Energy Catapult shows…

Brazil: PGS to Resume Campos Basin 3D Seismic Survey in December

12 hours ago

Norwegian marine seismic data acquisition company PGS has informed that its Ramform Titan vessel is about to continue the acquisition of the Campos Deepwater GeoStreamer X (Phase 2), a prefunded MultiClient 3D seismic survey with multi-azimuth coverage…

Premier Oil, Rockhopper, Navitas Take More Time for Sea Lion Deal

13 hours ago

Oil and gas firm Rockhopper Exploration, with an interest in the Sea Lion project off the Falkland Islands, and Premier Oil as the operator, have reached an agreement with Israeli firm Navitas Petroleum to extend the exclusivity period for the latter's farm-in into the project…

Nippon Paint Marine's Coating Gets NORSOK Approval for Offshore Assets

13 hours ago

Nippon Paint Marine has informed that the 'self-indicating technology' incorporated into the company's special tank coating NOA60HS has been certified by the Norwegian Technology Standards Institution as meeting the requirements of the NORSOK M-501 standard…

Offshore Wind Firm Ørsted Can Keep Its Name, Court Rules

15 hours ago

The Danish Supreme Court on Monday ruled that offshore wind developer Ørsted can keep using its name, following a lawsuit brought after the company changed its name from DONG Energy to Ørsted back in 2017.The name change took place after DONG…

Polish Refiner PKN Increasing Renewables Focus. Sees Total Investment at $37B in 2020-2030

15 hours ago

Poland's biggest oil refiner PKN Orlen expects to invest around 140 billion zlotys ($37.45 billion) over the next ten years as it shifts focus to building clean energy sources rather than oil refining, it said on Monday.The company said in September…

Equinor Cleared to Drill Exploration Well in Johan Castberg License Area

16 hours ago

Norwegian oil giant Equinor has been cleared to drill an exploration well at the Isflak prospect in the Barents Sea.The well 7220/7-4 sits in the production license 532, in a water depth of 351 meters. The approval was granted by the safety regulator PSA Norway…

Industry's First: 'Collared Monopiles' for RWE’s Kaskasi Offshore Wind Farm

18 hours ago

Renewable energy company RWE will deploy special collars around the monopile foundations at the seabed level at its Kaskasi offshore wind farm, in what has been described as 'the first time ever in the renewables industry.'The ‘collared monopile’ is designed based on an RWE patent…

Mozambique Unaware of Total, Exxon Offshore Resource Sharing Talks

Nov 27, 2020

Mozambique's National Petroleum Institute said on Friday it had not yet been notified of any intention by ExxonMobil and Total to renegotiate a resource-sharing agreement for their massive LNG projects in the country.Reuters reported earlier…

European Commission Approves Vestas, Mitsubishi Offshore Wind Deal

Nov 27, 2020

The European Commission has granted its approval for wind turbine maker Vestas to acquire Mitsubishi Heavy Industries' shares in their offshore wind joint venture MHI Vestas Offshore Wind.The agreement, which will also see MHI acquire 2.5 percent…

Strike Could Hit Norway's Gas Exports, Close Offshore Fields

Nov 27, 2020

A key export terminal for Norwegian natural gas will close down on Saturday if a labour strike goes ahead as planned, resulting in a reduction of supplies to Europe, gas system operator Gassco said on Friday, sending prices sharply higher.The…

Guyana: CGX, Partners Get More Time to Drill Corentyne Block Well

Nov 27, 2020

Oil and gas company CGX, the operator of the Corentyne offshore block in Guyana, has, with its partners been given more time to drill a well in the block.Frontera Energy Corporation, a CGX partner in the Corentyne block, said Friday that, following…

U.S. Gulf Lease Sale: Oil Firms Ignore Threat of Potential Ban on New Offshore Leases

Nov 27, 2020

The U.S. administration last week held a region-wide Gulf of Mexico oil and gas exploration lease sale, in what was the last sale under the Trump administration, and potentially one of the last lease sales overall, as the new President-elect…

Final Turbine Installed at Borssele III/IV Offshore Wind Farm

Nov 27, 2020

Final offshore wind turbine has been installed at the Blauwwind consortium's Borssele III/IV offshore wind farm project site in the Dutch North Sea, MHI Vestas, the turbine manufacturer said Friday.The last of 77 MHI Vestas V164-9.5 MW turbines…

Current News

Ireland: Providence Pens Barryroe Field Farmout Deal with SpotOn

Ireland: Providence Pens Barryroe Field Farmout Deal with SpotOn

UK: Clean Energy Investments Could Grow North Sea Jobs to 232,000 by 2050

UK: Clean Energy Investments Could Grow North Sea Jobs to 232,000 by 2050

Brazil: PGS to Resume Campos Basin 3D Seismic Survey in December

Brazil: PGS to Resume Campos Basin 3D Seismic Survey in December

Premier Oil, Rockhopper, Navitas Take More Time for Sea Lion Deal

Premier Oil, Rockhopper, Navitas Take More Time for Sea Lion Deal

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