Offshore Drilling News

 

Siemens Gamesa, Siemens Energy Team Up in Green Hydrogen Push

Jan 14, 2021

Siemens Gamesa and Siemens Energy have this week announced they'd work together on wind-to-hydrogen projects to help decarbonize the economy 'to solve the climate crisis.'The companies said they were contributing with their developments to an…

Energean Sanctions Karish North Gas Field Project. Gets $700M Loan

Jan 14, 2021

Mediterranean Sea-focused oil and gas company Energean has taken Final Investment Decision ('FID') on the Karish North gas development, offshore Israel.The gas discovery was announced in April 2019. In November 2020, DeGolyer and MacNaughton…

Six Consortia Pre-Qualify for Danish Largest Offshore Wind Farm Tender

Jan 14, 2021

Six consortia have pre-qualified to take part in the tender for Denmark's largest offshore wind farm Thor, the Danish Energy Agency said Thursday.Thor will have a capacity of 800-1000 MW when it is fully installed and connected to the grid, which is expected to happen by 2027…

Vestas to Lay Off 220 Employees in Denmark and UK

Jan 14, 2021

Wind turbine maker Vestas said on Thursday it will lay off 220 employees, primarily in Denmark and Britain, as part of the integration of its onshore and offshore operations.This follows the Danish company's October announcement that it would…

BW Energy Boosts Stake in Kudu Offshore License in Nambia

Jan 14, 2021

Norway's BW Energy has increased its stake in the Kudu License offshore Namibia from 56% to 95%, following the signing of a farm-in and carry agreement with the National Petroleum Corporation of Namibia (NAMCOR). NAMCOR will retain the remaining 5% working interest…

Total, Apache Make Another Oil Find Offshore Suriname

Jan 14, 2021

French oil giant Total and its partner Apache said Thursday they'd made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous offshore discoveries in the Block at Maka Central…

Ocean 100: Profits from World's Seas Dominated by 100 Companies

Jan 13, 2021

Just 100 companies account for most of the profits from the world’s seas, researchers said on Wednesday, calling on them to help save the oceans from over-fishing, rising temperatures and pollution.Together, the companies generated $1.1 trillion in revenues in 2018…

Equinor Selected for US' Largest Offshore Wind Award

Jan 13, 2021

Norwegian energy company Equinor said it has been selected to provide New York State with offshore wind power in one of the United States' largest renewable energy procurements to date.Under the award, Equinor and partner BP will provide 1,260…

Nigeria's Senate President Promises Action on Long-delayed Oil Reform Law

Jan 13, 2021

Nigeria's senate president said that despite forces 'working desperately' to derail a long-delayed oil overhaul bill, lawmakers will push the bill through the national assembly.The measure, 20 years in the making, underpins everything from oil exploration to gas pipelines and fuel regulation…

IDS to Deliver Reporting & Monitoring Service for Stena Drilling's Rigs

Jan 13, 2021

Offshore drilling contractor Stena Drilling has awarded a 'six-figure' fleet-wide deal to cloud reporting and analytics firm Independent Data Services, which will deploy solutions for near-real time rig and fleet-wide performance benchmarks…

Slower Wind Speeds to Hit Earnings of Offshore Wind Giant Ørsted

Jan 13, 2021

Ørsted warned a return to more normal wind speeds this year would hit operating earnings after the world's biggest offshore wind farm developer raised its profit forecast for 2020.The Danish company said on Tuesday it now expected operating profit of about 18 billion Danish crowns ($2…

Malaysia: Shell, Dayang Pen Accommodation Workboat Deal

Jan 13, 2021

Shell's Malaysian subsidiary Sarawak Shell Berhad has extended the contract with Malaysian offshore vessel owner Dayang Enterprise for the use of the Dayang Opal accommodation workboat.The value of the contract is based on work orders issued…

Subsea Europe, Cyprus Subsea Partner Up

Jan 13, 2021

Germany-based marine data and equipment firm Subsea Europe Services and marine robotics and autonomous systems Cyprus Subsea Consulting and Services, based in Cyprus, have entered strategic cooperation.The cooperation will see the two companies…

Plastic Free Oceans: Maersk Supply Service, The Ocean Cleanup Extend Partnership

Jan 13, 2021

Danish offshore support vessel operator Maersk Supply Service will continue providing marine support to The Ocean Cleanup, a nonprofit engineering and environmental organization working to rid oceans of plastic pollution.The Ocean Cleanup’s…

Canada: Equinor, BHP, Chevron Get Gov't Approvals for Offshore Drilling Plans

Jan 13, 2021

The Government of Canada has this week approved three offshore drilling projects in the Atlantic Ocean, planned by BHP, Equinor, and Chevron, respectively.'The projects will allow the proponents to determine the presence, nature, and quantities…

Current News

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Petrojarl Banff FPSO to Be Recycled in Denmark

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US Plans to Sanction Russian Vessel Involved in Nord Stream 2

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