Offshore Energy News

 

Norway Oil Companies Slash Investment Plans

Jun 04, 2020

Norwegian oil and gas investment, a key economic driver, is expected to decline sharply in 2021 after rising less than previously anticipated this year, an industry survey by the national statistics agency (SSB) showed on Thursday.The biggest…

Sonardyne USBLs Installed on Brazilian Geoscience Vessels

Jun 02, 2020

Brazilian geoscience services company OceanPact Geociências has chosen deep water positioning technology from Sonardyne Brasil Ltda. to support its geophysical, geotechnical and environmental research operations across the region.Ranger 2 Ultra…

ENGIE Fabricom, Iemants JV to Build Hollandse Kust (North) Substation

Jun 02, 2020

A consortium of the Belgian companies ENGIE Fabricom and Iemants will supply the offshore substation platform for the Hollandse Kust (North) wind farm in the Dutch North Sea, TenneT has informed.A wind farm with a total installed capacity of…

Proserv Subsea Controls for IOG's SNS Development

Jun 02, 2020

Independent Oil and Gas (IOG) has awarded Proserv a complete subsea controls system contract for IOG’s Core Project Phase 1 development in the UK Southern North Sea.IOG's Core Project Phase 1 comprises the development and production of the Southwark…

WFS, SES Team Up in Subsea Cable Protection Space

Jun 02, 2020

WFS Technologies (WFS) and Subsea Energy Solutions (SES) have joined forces in the space of condition monitored cable protection systems for the offshore energy industry.The collaboration will see WFS utilize its smart wireless Seatooth technologies…

Kawasaki Heavy Orders Corvus' Blue Marlin Energy Storage System

Jun 02, 2020

Japan's Kawasaki Heavy Industries (KHI) has ordered the first commercial unit of a new Corvus Energy high-density lithium-ion capacitor energy storage system (ESS) Blue Marlin.According to Corvus, which plans to market the system to the offshore energy market…

BP Employs Deep Learning Tech for Seismic Data Interpretation

Jun 02, 2020

British oil major BP has signed an agreement with Bluware Corp, a digital innovation platform, to help it interpret large seismic data sets.Bluware, which describes itself as a platform that helps the oil and gas industry to accelerate digital transformation initiatives using deep learning…

Nigeria Launches Licensing Round for Marginal Oilfields

Jun 02, 2020

Nigeria has launched its first licensing round for marginal oilfields in nearly 20 years, the Department of Petroleum Resources (DPR) said on Monday, despite court rulings last week that barred some of the fields from being auctioned.Marginal…

Lebanon Postpones Offshore Licensing Round Again

Jun 01, 2020

Lebanon has again postponed the deadline for the submissions of applications for its second offshore licensing round, citing the effects of the COVID-19 pandemic and the decline in oil prices.Lebanon had in January postponed the deadline from…

Ace Oil Tools Introduces Ace Splice Clamp

May 29, 2020

The oil and gas technology company Ace Oil Tools has launched its new Ace Splice Clamp to the completions market.Allowing multiple lines to be spliced with a single clamp, the ASC is a ‘sub-less’ downhole product that protects the control lines during completion…

Melbana Gets More Time for Find Beehive Drilling Partner

May 29, 2020

Australian oil and gas company Melbana Energy has been given more time to work on its Beehive offshore prospect in the Bonaparte Basin off W. Australia.The company said Friday that the National Offshore Petroleum Titles Administrator had approved…

Siemens, Equinor Sign Safety and Automation Systems Deal

May 29, 2020

Siemens and Equinor have signed a framework agreement for the provision of safety and automation systems (SAS) for multiple oil and gas installations on the Norwegian continental shelf (NCS). The agreement, signed in late 2019, but revealed by Siemens this week…

Deme Offshore Joins Neptune's Hydrogen Project

May 29, 2020

Offshore installation contractor Deme Offshore has joined Neptune Energy's PosHYdon pilot, the world’s first offshore green hydrogen project, being developed in the Dutch North Sea.Part of the Belgian Deme Group,  the company joins as a partner…

Final Windfloat Atlantic Floating Wind Turbine Heads Offshore

May 29, 2020

The third - and final - floating wind turbine has been towed offshore as part of the Windfloat Atlantic project, located 20 km from Viana do Castelo on the Portuguese coast. The project, dubbed the first floating offshore wind farm in continental Europe…

Seafox Drops Takeover Pursuit of GMS

May 28, 2020

Dutch jack-up services company Seafox has ended its pursuit to acquire rival Gulf Marine Services.After it in April floated an idea about the possible takeover of GMS, the GMS board rejected the plan deeming the move opportunistic, valuing the company's equity 'at only US$32 million…

Current News

Vestas Buys Out Mitsubishi From Offshore Wind JV in Deal Valued EUR 709M

Vestas Buys Out Mitsubishi From Offshore Wind JV in Deal Valued EUR 709M

Hurricane Zeta Slams Louisiana. Shuts 231 Offshore Platforms in Gulf of Mexico

Hurricane Zeta Slams Louisiana. Shuts 231 Offshore Platforms in Gulf of Mexico

Israel, Lebanon Hold Second Round of Sea Border Talks

Israel, Lebanon Hold Second Round of Sea Border Talks

Rystad: Offshore Wind to Become UK's Largest Renewable Energy Source in 2026

Rystad: Offshore Wind to Become UK's Largest Renewable Energy Source in 2026

Subscribe for OE Digital E‑News

Offshore Engineer Magazine