Offshore Drilling News

 

Express Offshore Solutions Delivers All Pin Piles for Taiwan Offshore Wind Farm

Sep 10, 2020

Singapore's Express Offshore Solutions (EOS), together with their Taiwanese partner Hung Hua Construction Co. Ltd (HHC), has completed the transportation of 84 pin piles for the Taiwan Power Company's Changhua offshore wind farm project.EOS…

With U.S. LNG and Black Sea Find as Bargaining Chips, Turkey Seeks Better Gas Terms from Current Suppliers

Sep 10, 2020

Turkey expects gas suppliers to offer more competitive pricing and flexibility if they want to renew long-term contracts totaling 16 billion cubic meters a year, a senior energy ministry official said.More than a quarter of Turkey's long-term gas contracts expire next year…

BP Buys into Equinor's U.S. Offshore Wind Business for $1.1B

Sep 10, 2020

Norwegian company Equinor and the British oil giant BP have entered into a strategic partnership to develop offshore wind projects in the US. Under the agreement, BP will buy a 50% stake in Equinor's Empire Wind and Beacon Wind assets on the…

Harvey Gulf to Convert PSV to Offshore Fuel Carrier

Sep 09, 2020

Offshore vessel owner Harvey Gulf announced that it will offer a full service fuel carrying vessel solely dedicated to offshore fuel and water deliveries, through the conversion of its 300-foot U.S. flagged platform supply vessel (PSV) Harvey Hawk…

Offshore Wind Giant Ørsted Names New CEO

Sep 09, 2020

Ørsted, one of the world's largest offshore wind developers, has elected Mads Nipper as its new CEO. He will take over from Henrik Poulsen who recently announced the decision to step down.Nipper, currently CEO and President of Grundfos, one of the largest pump manufacturers in the world…

Anderson Joins Tidewater Board

Sep 09, 2020

Offshore support vessel (OSV) owner Tidewater Inc. announced Wednesday the appointment of Darron M. Anderson to its Board of Directors, effective immediately.Anderson has served as President and Chief Executive Officer and as a member of the…

Nigeria Asks for Eni, Shell to Pay $1,1B in Offshore Oil Bribery Case

Sep 09, 2020

Nigeria asked a Milan court on Wednesday to order Eni and Royal Dutch Shell to pay $1.092 billion as an immediate advance payment for damages it is claiming in one of the oil industry's biggest-ever corruption trials.At a hearing into alleged…

Hess CEO 'Optimistic' new Guyana Gov't Will Approve Payara Project Soon

Sep 09, 2020

Hess Corp's chief executive on Wednesday said he is optimistic the recently elected government of Guyana will issue by the end of September a production license for the third phase of a major offshore oil project.The South American nation has…

Snam Eyeing Stake in Greek Offshore LNG Terminal

Sep 09, 2020

Greek gas grid DESFA, 66%-owned by a consortium led by Italy's Snam, is interested in buying a stake in an offshore liquefied natural gas (LNG) terminal in northern Greece, people familiar with the matter said on Tuesday.DESFA is considering…

Talos Says Its Gulf of Mexico Acreage Unaffected by Trump's Order

Sep 09, 2020

Gulf of Mexico operator Talos Energy has clarified that its business will in no way be affected by President Trump's executive order extending moratorium on oil and gas operations in certain areas of the Gulf of Mexico and the Atlantic.The U…

Canada's Husky Energy to 'Review' West White Rose Offshore Project. "Difficult decision," CEO Says

Sep 09, 2020

Canadian oil and gas company Husky Energy said Wednesday it would put under 'a review' its West White Rose offshore oil project in Canada's Atlantic region, citing delays due to the suspension of all works on the project earlier this year due to the global pandemic…

Giant Tuna Offshore Gas Find Could Save Turkey $21B

Sep 09, 2020

Turkey could save up to a whopping $21 billion in gas import costs with the development of it recently hit Tuna-1 gas discovery in the Black Sea, Norwegian energy intelligence firm Rystad Energy has estimated.As previously reported, Turkish…

Taiwan: MHI Vestas to Source More Offshore Wind Turbine Goods Locally

Sep 09, 2020

Offshore wind turbine maker MHI Vestas has further expanded its list of local suppliers in Taiwan for delivery of components for turbines to be built for the country's growing offshore wind market.The wind turbine company said Wednesday it would…

JERA, J-Power, Equinor in Offshore Wind Pact in Japan

Sep 09, 2020

Norwegian energy giant Equinor has entered into a consortium with Japanese power companies JERA and J-Power to jointly evaluate and work towards submitting a bid for offshore wind power projects in Akita Prefecture off Noshiro City, Mitane Town…

Shell Buys Kosmos' Frontier Exploration Assets for Up to $200M

Sep 09, 2020

Oil and gas company Kosmos Energy said Wednesday it had agreed to sell some of its frontier exploration asset interests to Shell for up to $200 millionShell will acquire Kosmos’ interest in blocks offshore São Tomé & Príncipe, Suriname, Namibia…

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U.S. BOEM, BSEE Looking at Ways to Boost Gulf of Mexico Oil and Gas Output

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