Offshore Energy News

 

Chrysaor to Buy ConocoPhillips’ UK Assets

5 hours ago

Chrysaor has reached a deal to acquire ConocoPhillips’ oil and gas exploration and production assets in the UK for $2.675 billion, the companies announced on Thursday.Full-year 2018 production and year-end 2018 proved reserves associated with the assets being sold were approximately 72,000 barrels of oil equivalent per day (boepd) and approximately 99 million barrels of oil equivalent (boe), respectively…

Vattenfall Taps Seaway 7 for HKZ Installs

2 hours ago

Swedish power company Vattenfall has tapped Seaway 7 for installation work at the Hollandse Kust Zuid (HKZ) 1 & 2 offshore wind farm development offshore the Netherlands.Seaway 7, a subsidiary of Subsea 7, will perform a work scope including…

Santos Posts Record Production in Q1

Apr 17, 2019

Australia's No.2 independent gas producer Santos Ltd on Wednesday posted record quarterly production, boosted by its acquisition of Quadrant Energy assets, while sales revenue jumped 28 percent.Santos said production for the quarter ended March 31 rose to a record 18…

ExxonMobil Wins 3 Blocks Off Argentina

Apr 17, 2019

U.S. oil major Exxon Mobil Corp said  that its unit and an affiliate of Qatar Petroleum had won three exploration blocks offshore Argentina.ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B…

Songa Bulk Merge with Axxis Geo Solutions

Apr 16, 2019

Norway-based Songa Bulk AS, an investment vehicle established to invest in dry bulk assets, has made an agreement to merge with company Axxis Geo Solutions (AGS).Per deal, Songa Bulk will assume the assets, rights and obligations of the Houston…

Interview: Astrid Skarheim Onsum, SVP, Head of Wind, Aker Solutions

Apr 16, 2019

Offshore renewable energy is gaining investment support in the United States, particularly on the east coast. While the U.S. is a full generation behind its European counterparts in tapping the wind as an energy source, if current plans come to fruition it could gain ground quickly…

Two Join Deep Down Board

Apr 16, 2019

Houston based deepwater oil and gas production and distribution equipment and services company Deep Down announced on Tuesday that it has appointed to experienced small cap investors to its board of directors.David J. Douglas and Neal I. Goldman fill two recent vacancies on the board…

Santos Finds Gas Off Western Australia

Apr 16, 2019

Santos announced Tuesday it has confirmed significant gas resource in the Corvus-2 appraisal in the Carnarvon Basin, offshore Western Australia.Corvus-2 is located in 63 meters water depth, approximately 90 kilometers northwest of Dampier in Commonwealth waters within petroleum permit WA-45-R…

Vattenfall Picks Siemens Turbines for Dutch Offshore

Apr 16, 2019

Spanish wind turbine giant Siemens Gamesa Renewable Energy (SGRE)  and Vattenfall are collaborating to realize the supply of wind turbines at these offshore wind power plants being developed in Dutch waters.Pending final developments, the new SG 10…

New Subsea Wireless IP Camera Technology

Apr 15, 2019

Next generation subsea technology deployed for the first time in the North Sea has helped to improve safety and reduce costcfor an offshore oil and gas project, said Scotland based WFS Technologies.The firms's new cutting-edge computing and…

Major Growth for Tendeka North Sea Projects

Apr 15, 2019

The oil and gas service company in the completion sector Tendeka reports it  has more than doubled its work in the UK offshore sector over the past 12 months.The independent global completions service company said in a press release that the…

1000 Km of the Nord Stream 2 Pipeline Laid

Apr 15, 2019

1000 km of the Nord Stream 2 pipeline has now been laid in the Baltic Sea in Finnish, Swedish and German waters.Two Allseas pipelay vessels - Pioneering Spirit and Solitaire - are currently installing the pipeline in Swedish waters.Some twenty…

Rever Offshore Appoints Ops Director

Apr 15, 2019

The subsea services provider to the oil and gas industry Rever Offshore, has announced the appointment of Bob Bryce to the newly-created role of Operations Director.The provider of fully integrated subsea construction and offshore management…

China, France to Develop OWP Project

Apr 12, 2019

China Energy Investment Corporation (CHN Energy) and Électricité de France Group (EDF Group) have signed a deal to jointly develop an offshore wind power project in China’s eastern Jiangsu province, Chinese official media reported.As per the agreement…

Hornsea Project Phase 3 Examination Completes

Apr 11, 2019

The Planning Inspectorate Examination for Ørsted’s Hornsea Project Three offshore wind farm, has the potential to be the world’s largest offshore wind farm to date, was completed.With up to 300 turbines, located 121km from the Norfolk coast…

Current News

Voser Steps in as Interim CEO at ABB

Voser Steps in as Interim CEO at ABB

Vattenfall Taps Seaway 7 for HKZ Installs

Vattenfall Taps Seaway 7 for HKZ Installs

Woodside Q1 Revenue Rises 4%

Woodside Q1 Revenue Rises 4%

Saipem Seeks Drilling Partners

Saipem Seeks Drilling Partners

Schlumberger Quarterly Profit Slides

Schlumberger Quarterly Profit Slides

Talakar Named CEO of Siemens Oil & Gas

Talakar Named CEO of Siemens Oil & Gas

Chrysaor to Buy ConocoPhillips’ UK Assets

Chrysaor to Buy ConocoPhillips’ UK Assets

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