Offshore Energy News

 

Scotland to Launch Offshore Wind Leasing

Jan 19, 2020

2020 will see the launch of the first offshore wind leasing round in Scotland for a decade, and the first by Crown Estate Scotland. It presents a significant opportunity to match Scotland’s ambitious Net Zero targets with practical action.Colin Palmer…

NPD Meets Seismic Industry Players

Jan 19, 2020

Norwegian Petroleum Directorate (NPD) recently hosted the very first joint regulatory authority meeting for the seismic industry on coexistence between industries at sea.Representatives from the NPD, the Directorate of Fisheries and the Institute of Marine Research participated from the authorities…

Subsea Robots in the Splash Zone

Jan 16, 2020

From their base deep within a former World War II U-boat pen, Norwegian outfit, OceanTech, is developing a set of robot tools that cling to offshore structures in order to effect inspection, maintenance and repair, or IMR. Old submarine anchorages are now subsea testing and training sites…

PSW Takes Over EMAS Spoolbase In Norway

Jan 16, 2020

Norway's PSW Group has taken over the operation of the former EMAS spoolbase located in Gulen Industrial Harbor, Western Norway. In a statement on Wednesday, PSW Group said the agreement to take over the spoolbase covered all activities related…

Aramco Mulls Offshore Oil Expansions

Jan 15, 2020

Saudi Aramco is continuing to focus significant efforts on crude oil expansion. The major expansions at Saudi Aramco’s offshore oil fields of Marjan, Zuluf, Safaniyah and Berri are expected to comprise the majority of the company’s upstream investment over the next three years…

Telford Offshore Boosts Order Book

Jan 15, 2020

International offshore service company Telford Offshore has recently expanded its order book by around US $15 million by taking on additional work with existing clients in Nigeria and Mexico.'This will help ensure high utilization levels of…

Fos4X Monitors Veja Mate OWF

Jan 14, 2020

German wind turbine builder is carrying out a condition monitoring campaign at the 402MW Veja Mate offshore wind farm in the German North Sea.The rotor blade condition monitoring system or fos4X “retroX” system, consisting of a sensor platform and intelligent software…

NKT Bags East West Interconnector Contract

Jan 14, 2020

The Irish power grid operator EirGrid has awarded NKT a service contract for the interconnector connecting Ireland and Great Britain.The cable and cable accessories supplier to the energy sector has been awarded a five-year service agreement…

Prosafe Misses Payment to Cosco

Jan 14, 2020

The largest and most versatile fleet of semi-submersible accommodation vessels in operation worldwide Prosafe SE has missed its final payment to China’s Cosco shipyard for the Safe Notos flotel.Offshore accommodation specialist  informed last…

Offshore Energy Enters New Investment Cycle

Jan 14, 2020

The offshore oil & gas industry is witnessing the beginning of what could be a new investment cycle as worldwide activity is ramping up.Rystad Energy, the energy research and business intelligence company, said  that offshore investments would climb 8% in 2020…

James Fisher Sister Companies Merge

Jan 14, 2020

Offshore services firm James Fisher Offshore (JFO) said it is consolidating its services with those of its sister company James Fisher Subsea Excavation (JFSE). The merger brings subsea excavation services company JFSE under the JFO banner.Jack Davidson…

Orsted Constructs 1st Dutch OWF

Jan 13, 2020

The global leader in offshore wind Ørsted has started construction of its first offshore wind farm in the Netherlands by installing the first foundations at the 752-megawatt Borssele 1 & 2 offshore wind farm (OWF).The Danish renewable energy…

HWWI Intros DECOM Tools for Offshore Wind

Jan 13, 2020

The Hamburg Institute of International Economics (HWWI) has drafted a new market analysis on offshore wind energy and decommissioning in the scope of the INTERREG-North Sea project 'DECOM Tools'.Against the background that offshore wind energy…

Offshore Operational Production Costs Down

Jan 08, 2020

Operational production costs in the oil and gas industry have fallen across the globe, with UK emerging as a cost-cutting powerhouse among global offshore regions.Specifically, the UK North Sea has emerged as a world leader in cost-cutting thanks to increased production…

Sentinel Marine Expands Fleet

Jan 07, 2020

Offshore support vessel operator Sentinel Marine has introduced the newest fleet of emergency response and rescue vessels in the North Sea – and help clean up the offshore environment.All eight ships recently built to order by Sentinel Marine…

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