Offshore Energy News

 

Eni Strikes Deal with Total to Boost Algeria Operations

Oct 29, 2018

Italian oil major Eni said on Monday it had struck a deal to team up with French peer Total to look for oil and gas in Algeria and strengthen its position in the north African country.The two oil companies signed a deal with state-owned Algerian…

Galp, ENI Give Up On Drilling for Oil Near Portuguese Coast

Oct 29, 2018

Portugal's Galp Energia and its Italian partner ENI have abandoned plans to drill Portugal's first deep-water offshore exploration well due to legal problems after injunctions and protests by environmental activists.The project was being prepared…

Claxton to support MOL Norge’s first well programme on the Norwegian Continental Shelf

Oct 29, 2018

Claxton, a supplier of engineering and services for shallow-water, jackup-depth markets in subsea services group Acteon, has been contracted to support MOL Norge AS on its first well program on the Norwegian Continental Shelf.The award is through Ross Offshore Well Management AS…

Equinor Finds More Oil in Arctic Field

Oct 29, 2018

Norwegian oil and gas firm Equinor has found more oil near its Johan Castberg field in the Arctic Barents Sea, the company said on Monday.The Skruis exploration well, drilled about 8 kilometers north of the original discovery, indicated a volume of 12-25 million recoverable barrels of oil…

Iberdrola Inaugurates Wikinger Offshore Wind Farm

Oct 29, 2018

Iberdrola inaugurates the wind farm of Wikinger, located in Germany in the waters of the Baltic Sea, with an investment of 1,400 million euros.In its development have participated companies like the Asturian Windar, with the construction of 280 piles of 40 meters in length…

Gabon Readies for Offshore Licensing Round

Oct 29, 2018

West African country has announced that it plans to open its highly-anticipated 12th Shallow and Deep Water Licensing Round of open blocks at the 25th Africa Oil Week, Cape Town in November 2018.Minister of Oil & Hydrocarbons Pascal Houangni…

Smulders Updates Deutsche Bucht Offshore Wind Farm

Oct 29, 2018

Smulders, acting for and on behalf of the JV Iemants-Eiffage, has reached the next step in the realization of the substation for the Deutsche Bucht offshore wind farm.Ten months after starting the final assembly in January 2018 at the yard of Damen Shiprepair Vlissingen…

Shell Netherlands CEO Christens Wagenborg's W2W Vessel

Oct 29, 2018

The second Walk to Work vessel in the fleet of Wagenborg Offshore was unveiled on the Nieuwediepkade in the port of Den Helder. The Walk to Work Emergency Response and Rescue Vessel Kasteelborg was christened by Mrs. Marjan van Loon, CEO Shell Netherlands…

Fugro Q3 Revenue Jumps

Oct 26, 2018

Dutch deep-sea prospector Fugro has reported a 29.1 percent rise in third-quarter revenue on a comparable basis, driven by the expansion of offshore wind developments and a recovery in the global oil and gas market.Rising oil prices have helped…

Pemex Posts Third Quarter Profit

Oct 26, 2018

Mexico's Pemex reported a 26.8 billion peso ($1.43 billion) net profit in the third quarter, and revenues of 439.1 billion pesos, the state-run oil and gas company said on Friday.The profit compared with a 101.8 billion peso loss by the company in the same period last year…

Woodside Energy GWF-2 Commences Production

Oct 25, 2018

Australian oil and gas company with a global presence  Woodside announced that the Greater Western Flank Phase 2 (GWF-2) Project off the north-west coast of Australia has commenced gas production.A press release from the operator of the North…

Wellhead Expertise for ADNOC

Oct 25, 2018

Weir Oil & Gas Pressure Control Dubai has been awarded its first three-year contract to provide in-country wellhead equipment and services to Abu Dhabi National Oil Company (ADNOC) Onshore from its API 6A manufacturing plant in Dubai.The hardware…

DOI Okays Offshore Oil And Gas Drilling in Alaska

Oct 25, 2018

U.S. Secretary of the Department of the Interior (DOI) Ryan Zinke announced a long-awaited development for oil and gas energy production offshore the state of Alaska.Interior’s Bureau of Ocean Energy Management (BOEM) issued conditional approval…

Cairn Energy Submits Senegal SNE Plan

Oct 25, 2018

UK-based Cairn Energy  announced that the Development and Exploitation Plan for the SNE field offshore Senegal has been submitted on schedule to the Government of Senegal by the Joint Venture (JV) with approval targeted later this year.Cairn…

Norway's Aasta Hansteen Field to Start Producing Gas

Oct 25, 2018

Norway's Aasta Hansteen gas field will start production from Nov. 4 and will feed the system with 12 million cubic metres (mcm) of gas per day, it's largest owner Equinor said on Thursday.The newly connected field, which will send its production to Norway's Nyhamna plant for processing…

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