Offshore Energy News

 

First Subsea Guards NnG OWF

Feb 19, 2020

First Subsea, part of the First Tech Group based in Aberdeen, has won the inter-array cables protection contract from DEME at the Neart na Gaoithe (NnG) offshore wind farm (OWF).The cable protection system will be designed to protect the cable…

Fugro: Offshore Market Grows Despite Concerns

Feb 19, 2020

The offshore oil and gas market continues to grow despite geopolitical developments and concerns over reduced global economic growth, said the Dutch multinational Fugro.'The outlook across Fugro’s market segments is positive as offshore wind…

Brazil Breaks Oil Output Record in January

Feb 19, 2020

Oil companies produced 3.17 million barrels per day (bpd) on average in Brazil in January, a volume 20.4% larger than seen in the same month a year earlier and an output record for the country, oil regulator ANP said on Wednesday. Natural gas production increased 22% over January 2019 to 138…

Coronavirus Spurs Oil Majors to Cancel IP Week Events

Feb 19, 2020

The list of parties at London's International Petroleum Week, one of the world's biggest oil industry gatherings, continues to shrink as hosts such as ExxonMobil and Azerbaijan's SOCAR cancel events due to the coronavirus, trading sources said…

Shell, i-Tech 7 Team Up to Speed Up Subsea Digitalization

Feb 18, 2020

Subsea 7’s Life of Field business unit i-Tech 7 has partnered up with Shell in a technology agreement aimed at speed up subsea digitalization, initially for a period of five years from the fourth quarter of 2019.The agreement, i-Tech said Tuesday…

Offshore Accounts for 60% of Oil Discoveries

Feb 16, 2020

Offshore discoveries accounted for more than 60% of global discoveries in 2019, up significantly on previous years, according to a study by GlobalData.GlobalData report reveals that while Colombia and Norway saw the highest number of discoveries drilled in 2019…

Siemens Hands Over BorWin3 to TenneT

Feb 13, 2020

The BorWin3 offshore wind grid connection project in the German North Sea has been handed over to the German/Dutch transmission grid operator TenneT, by contractors Siemens and Petrofac.The 900 MW project will convert three-phase electric power…

Port of Blyth Hails UK's Freeport Vision

Feb 13, 2020

Port of Blyth, one of the UK’s leading offshore energy support hubs, and its partner, Energy Central, has supported the announcement from the UK Government of a 10-week consultation on its ‘freeports vision’.The Port of Blyth and businesses…

TenneT Intros 2GW Offshore Grid Plans

Feb 13, 2020

European transmission system operator TenneT has announced plans to build two 2 GW offshore grid connections in the IJmuiden Ver wind energy area, having entered into a so-called 'innovation partnership' with its suppliers.Given the combination…

Schlumberger Intros Egypt Upstream Gateway

Feb 12, 2020

The Egyptian Ministry of Petroleum and Schlumberger introduce the Egypt Upstream Gateway, a unique and innovative national project for digitizing subsurface information and delivering a digital subsurface platform to ensure Egypt's subsurface data is kept evergreen…

Gulf of Mexico Lease Sale Set for March

Feb 12, 2020

U.S. Secretary of the Interior David Bernhardt announced that the Bureau of Ocean Energy Management (BOEM) will offer over 78 million acres for a region-wide lease sale scheduled for March 18, 2020, as part of President Trump’s America First Offshore Energy Strategy…

EDF Buys Stake in Irish Offshore Project

Feb 12, 2020

French electricity giant Électricité de France (EDF) is moving into the Irish energy market.EDF Renewables, a subsidiary of the French energy utility, has acquired a 50% stake in the Codling offshore wind project from Hazel Shore, a company linked to the property developer…

Teesside Univ, Sofia OWF Ink Skills Partnership

Feb 11, 2020

UK's Teesside University and Sofia Offshore Wind Farm (OWF), a project by German energy company Innogy SE, have signed an agreement setting out how they will work together to build local skills and capabilities to equip students for careers in the rapidly growing offshore wind sector…

USA Ups BOEM Offshore Wind Budget

Feb 11, 2020

The Trump Administration has proposed a $189m fiscal year 2021 budget for the Bureau of Ocean Energy Management (BOEM), designating just under $27m for offshore wind.The FY 2021 budget includes approximately $26.5 million to advance offshore renewable energy development…

ISC Wins Mayflower Offshore Substation Gig

Feb 11, 2020

Danish engineering services company ISC Consulting Engineers has been awarded a contract to design the offshore substation for the 804MW Mayflower offshore wind farm 40km off the coast of Massachusetts.Bladt Industries, a steel contractor specializing…

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