Offshore Energy News

 

Samsung Heavy in Talks to Resolve Nigeria Industry Zone Dispute

Sep 14, 2018

The Nigerian arm of Samsung Heavy Industries is in talks to resolve a court action launched by an industrial zone in the west African country where the company has been building a floating oil platform for Total, Samsung Heavy said on Friday…

Huisman Building Drilling System for CMHI

Sep 14, 2018

This week, China Merchants Heavy Industries (CMHI) awarded Huisman a contract for the engineering and fabrication of a drilling system which will be integrated and installed on the moored drilling semi-submersible constructed at CMHI Haimen…

Energy Tech: Robotics for Renewables

Sep 13, 2018

As the global fleet of offshore renewables fleet increases, ways to reduce the cost and increase the efficiency and safety of operations and maintenance work, using robotics and autonomous systems, will also grow. Elaine Maslin reports.Robotics…

Petrofac Secures Well Engineering Contracts

Sep 13, 2018

Petrofac has strengthened its global Well Engineering contracts portfolio following a series of award wins worth a combined value of around $20 million.Petrofac secured an exclusive five-year Well Operator Services contract from independent Exploration & Production company…

California Offshore Wind Project Progresing

Sep 13, 2018

Northern California energy authority RCEA and a consortium of private companies, including Aker Solutions and Principle Power, have submitted a lease application to advance the first commercial scale project for floating offshore wind in the United States…

Revolutionizing Decom Environmental Monitoring

Sep 13, 2018

Sentinel Subsea has created a new well integrity monitoring system, has had its technology tipped to become ubiquitous within the global decommissioning industry.Long-term well integrity verification specialist, Sentinel Subsea – which is being…

Platform Mooring Connectors Supplied for Windfloat Atlantic Project

Sep 13, 2018

A U.K. based subsea mooring and cable protection specialist has been called on to help connect wind turbine generator platforms to mooring lines at a floating wind farm under development offshore northern Portugal.First Subsea said it is supplying platform mooring connectors (PMC) to Windplus SA…

Aker BP CEO Predicts Fast Johan Sverdrup Ramp-up

Sep 13, 2018

Aker BP, a partner in Norway's giant Johan Sverdrup oilfield, expects a fast ramp-up of production when the initial development phase ends in late 2019, its chief executive said on Thursday.'I think it will be done in a few months, because the production per well is so high…

Electrification in a New Era for the O&G Industry

Sep 12, 2018

With the recovery in oil prices, deepwater and ultradeep water oil and gas (O&G) projects are the focus of renewed interest. Project viability will come down to a continued focus on cost, but also productivity through high-performing assets…

Swire Seabed Awarded Wintershall Framework Agreement

Sep 11, 2018

Swire Seabed announced it has secured a framework agreement with Wintershall Norge AS for the provision of marine subsea services (MSS) in the North Sea.The agreement will commence this year and has a duration of three years plus four yearly options…

Aker BP, Maersk Drilling Sign Rig Contract off Norway

Sep 06, 2018

Maersk Drilling and Aker BP have signed a one-year contract to deploy the Maersk Integrator jack-up rig off Norway from June 2019, Aker BP said in a statement on Thursday.The contract, based on an alliance created between the two firms and Halliburton in 2017…

SBM Offshore to Pay Additional Fines to Petrobras

Sep 05, 2018

SBM Offshore has reached a settlement to pay additional leniency fines of 200 million reais ($48.27 million) to Brazil's state oil company Petroleo Brasileiro SA, Brazilian prosecutors said on Wednesday.As a result of a long-running corruption investigation…

Transocean to Buy Ocean Rig in $2.7 Bln Deal

Sep 04, 2018

Offshore oil driller Transocean Ltd said on Tuesday it would buy peer Ocean Rig UDW Inc in a $2.7 billion cash-and-stock deal, its second major acquisition this year as the company bets on a recovery in the offshore sector.The acquisition signals new optimism for offshore drillers…

Denmark Swings to Net Oil Importer as North Sea Production Dips

Aug 30, 2018

A 25-year period for Denmark as a net oil exporter is set to end this year following output declines in the North Sea, the country's energy agency said on Thursday after slashing its long-term oil production forecast.The Danish Energy Agency expects this year's oil production to reach 128…

Equinor Explores Floating Wind Turbines to Power N.Sea Oilfields

Aug 28, 2018

Norway's Equinor said on Tuesday it is considering whether to build a pioneering offshore wind farm with floating turbines to supply electricity to two North Sea oilfields as part of a strategy to curb greenhouse gas emissions.The project at…

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Response to Speculation: UK's SSE Says No Break-up Decision Made

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