Offshore Energy News

 

EDF Begins Construction on 450 MW OWF

Nov 28, 2019

French utility EDF Group announced that its subsidiary EDF Renewables has launched the construction of the Scottish Neart na Gaoithe (NnG) offshore wind farm project along with the new partners, the Irish electricity company Electricity Supply Board (ESB)…

First 2 Jackets for NFE Project Completed

Nov 28, 2019

State-owned Qatar Petroleum has announced the completed fabrication of the first two jackets required for offshore facilities as part of its North Field Expansion (NFE) Project.Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs…

Providence to Operate Avalon as Total Exits

Nov 28, 2019

As Total E&P Ireland, a subsidiary of the French multinational oil giant, has withdrawn, Providence Resources has taken over operatorship of the Frontier Exploration Licence (FEL) 2/19, which contains the Avalon prospect, located offshore Ireland…

First Subsea Lifting Tools for Allseas

Nov 28, 2019

First Subsea said it has been awarded a contract to supply three Ballgrab Internal Lifting Tools (ILT) to pipelay, heavy lift and subsea construction company Allseas. The tools are designed for lifting loads up to 900mT and will be used by Allseas for offshore decommissioning projects…

Saitec Installs Prototype BlueSATH

Nov 28, 2019

Spanish engineering company Saitec it will deploy its first medium-scale offshore wind prototype, called BlueSATH, near Santander, Spain, in the first quarter of 2020.The project is scheduled to go online during the first quarter of 2020 in the open sea waters…

Vaalco Eyes Equatorial Guinea Block

Nov 28, 2019

Houston-based Vaalco Energy said that it is in talks to serve as operator for three Equatorial Guinea (EG) oil blocks recently awarded to Levene Hydrocarbon.Vaalco Energy Mauritius (Vaalco EG), the subsidiary of the company, is in preliminary…

Jan De Nul orders Offshore Installation Vessel

Nov 27, 2019

Six months after the offshore installation vessel Voltaire, Jan De Nul Group orders Les Alizés, a floating installation crane vessel from the CMHI Haimen shipyard in China.Together with the Voltaire, this new vessel will be in a super-size class of its own…

OPEC, Other Stakeholders May Adjust Output Quotas

Nov 27, 2019

Russian Energy Minister Alexander Novak said on Wednesday the forthcoming meeting of OPEC and other large oil producers may discuss adjusting oil output quotas at a next-month meeting, local news agencies reported.'We don't rule out discussing various issues…

Solveig buys oilfield operator Capricorn from Cairn

Nov 27, 2019

Norwegian pipeline firm Solveig Gas has agreed to buy oil firm Capricorn Norge from Cairn Energy for $100 million, completing its transformation into a North Sea field operator, Solveig's owner HitecVision said on Wednesday.The private equity…

EU Targets 450 GW Offshore Wind by 2050

Nov 27, 2019

The EU Commission’s big goals for offshore wind – between 230 and 450 GW by 2050 – are achievable provided the right investments in electricity grids and Governments take the right approach to maritime spatial planning, said a report.According…

Peterson, Itaoca Join Brazil Offshore Project

Nov 27, 2019

Itaoca Terminal Marítimo SA (Itaoca Offshore) and logistics provider Peterson Offshore Group have formed a partnership and consulting agreement for development of the Itaoca Offshore project.The Itaoca Offshore project will be a private terminal (TUP)…

Wintershall Gains Norwegian Sea Drilling Permit

Nov 27, 2019

The Norwegian Petroleum Directorate (NPD) has granted Wintershall Dea Norge, a Norwegian unit of the German oil company Wintershall Dea, a drilling permit for well 6604/6-1, located in the Norwegian Sea.Wintershall Dea Norge has made a minor oil discovery in the the Scarabeo 8 drilling facility…

ROVOP to Hold Open Day for Graduates

Nov 26, 2019

Subsea robotics company ROVOP is set to host its annual graduate open day at its Aberdeen headquarters, inviting final year university students to learn about its two-year program, taking place on Wednesday December 4.Attendees will have the…

GoM Oil Output Set for Record Year

Nov 24, 2019

The U.S. Gulf of Mexico is positioned for another year of record oil production in 2020, despite massive cuts in investment.According to Rystad Energy, most of this growth coming from deep water projects.“2020 is expected to be another record year with average production above 1…

ABB Showcases World-first Subsea Power System

Nov 22, 2019

Revolutionary technology proven to operate successfully in 3,000-hour shallow-water testSwiss-Swedish multinational electrical engineering and global power systems technology specialist ABB has announced the commercial availability of its groundbreaking…

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