Offshore Energy News

 

NYSERDA Selects 5 Offshore Wind Projects

Aug 08, 2019

The New York State Energy Research and Development Authority (NYSERDA) has selected five multiyear projects that will further study environmental and commercial fishing topics in support of responsibly developing offshore wind.The projects totaling more than $2 million advance Governor Andrew M…

James Fisher Acquires SM Continental

Aug 08, 2019

UK's marine engineering services provider James Fisher and Sons has acquired 60% of the share capital of Continental Participação E Administração, the holding company of Brazilian subsea specialist Serviços Marítimos Continental.Continental…

EOG Bags Offshore Ireland Licence

Aug 08, 2019

United Kingdom-based exploration and production company Europa Oil & Gas  (EOG) has been awarded a 15-year frontier exploration licence for an area in the Slyne Basin, offshore Ireland.The area includes Europa’s flagship Inishkea prospect, which…

MMU Studies Floating Wind Stabilization

Aug 08, 2019

Academics from Manchester Metropolitan University (MMU) have won a grant to develop computer models to test the best methods to stabilize and control the motions of the turbine and its semi-submerged support structure.Wave simulation specialists…

DOF Wins Charter for PSV in Australia

Aug 07, 2019

DOF Rederi AS, a wholly owned subsidiary of DOF ASA, has signed a 5-year contract for the platform supply vessel (PSV) Skandi Feistein with Esso Australia Pty Ltd.The contract will start in the second half 2019, the vessel owner said on Tuesday…

Deep Down Wins Shell Order

Aug 07, 2019

Houston-based oilfield services company Deep Down said it has received an order for umbilical support services from Shell Trinidad and Tobago.The company specializing in complex deepwater and ultra-deepwater oil production distribution system…

Prosafe's Fleet Utilization Hits Record

Aug 06, 2019

Norwegian flotel player Prosafe said that the utilization of its offshore accommodation rigs reaching the highest level in almost four years.Prosafe lifted fleet utilisation significantly in the second quarter of 2019 was 71.6 per cent (Q2 2018: 45…

Saipem to Establish US Spool-base

Aug 05, 2019

Saipem announced on Monday it will establish a 'highly specialized' spool-base on Greenwood Island, Pascagoula, Miss. designed to provide support for vessels performing pipelay activities for offshore oil and gas development projects in the Gulf of Mexico…

Petronas Signs Offshore Deal with Gabon

Aug 05, 2019

Malaysian oil and gas company Petroliam Nasional Bhd (Petronas) has signed an agreement with Gabon for two exploration permits after the African country enacted a new oil law last month.A Bloomberg report quoted Noel Mboumba, Gabon’s petroleum…

Seadrill Ivory Coast Contract Terminated

Aug 05, 2019

Seadrill Partners, the deep-water drilling contractor for the petroleum industry, has received an early termination notice from an unnamed operator for the West Vencedor rig contract offshore Ivory Coast.The contract was expected to start in 3Q 2019…

Baker Hughes: U.S. Cuts Rigs for Fifth Straight Week

Aug 02, 2019

U.S. energy firms this week reduced the number of oil rigs operating for a fifth week in a row as most independent producers cut spending even though majors were still pushing ahead with investments in new drilling.Drillers cut six oil rigs in the week to Aug…

Seismic Solutions Market to Reach $890mln by 2024

Aug 02, 2019

The global offshore oil and gas seismic equipment and acquisitions solutions market stood at around $660 million in 2018 and is forecast to grow at a CAGR of 5% to cross $890 million by 2024.According to a report by ResearchAndMarkets, the growth…

Aker BP Granted North Sea Drilling Permit

Aug 02, 2019

The Norwegian Petroleum Directorate (NPD) has granted Aker BP, the oil exploration and development company focusing petroleum resources on the Norwegian Continental Shelf,  a drilling permit for well 2/1-17 S located in the North Sea offshore Norway…

Vallianz, Calm Oceans Build Offshore Mobile Platform

Aug 01, 2019

Singapore-based offshore service provider Vallianz Holdings has entered into a strategic partnership with the offshore oil and gas company Calm Oceans to construct the first Mono-Column Platform-Lite (MCP-Lite).The providers of offshore support…

Yinson in 2-Months Extension for Vietnam FPSO

Aug 01, 2019

Malaysia's Floating, Production, Storage and Offloading (FPSO & FSO) service provider Yinson Holdings Berhad said that it  has secured a two-month extension for its Lam Son FPSO for operations within the Lam Son field, offshore Vietnam.'The…

Current News

Solstad Scoops $25M in New CSV Contracts in Brazil and North Sea

Solstad Scoops $25M in New CSV

Viridien Set for Seismic Reimaging of Block 22 Offshore Angola

Viridien Set for Seismic Reima

McDermott Nets Petronas Contract for Gas Project Offshore Brunei

McDermott Nets Petronas Contra

Two Shell’s Gulf of Mexico Offshore Platforms Temporarily Shut Down

Two Shell’s Gulf of Mexico Off

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine