Offshore Energy News

 

Hurricane Energy Fails To Hook-up

Jan 21, 2019

The UK based oil and gas company Hurricane Energy PLC said it was unable to complete the buoy hook-up operation in the offshore UK Lancaster field due to problems with the rope.According to a press note, the Aoka Mizu FPSO has been forced to return to the Cromarty Firth…

Total Green-lights Ikike Oil Project in Nigeria

Jan 21, 2019

French oil group Total will approve plans to proceed with the Ikike project in Nigeria in the coming months, and also aims to expand its liquefied natural gas (LNG) project in the country, CEO Patrick Pouyanne said on Monday.Total is one of the strongest players in the African oil sector…

Equinor Stops Drilling Arctic Well After Incident

Jan 21, 2019

Norway's Equinor has put on hold the drilling of a key exploration well in the Barents Sea after a well incident last week, the company said on Monday.The incident occurred when Seadrill's rig West Hercules was drilling the Gjoekaasen well offshore Norway…

Schottel Merges Tidal Units to Sustainable Marine Energy

Jan 20, 2019

Schottel, the manufacturer of propulsion and steering systems for ships and offshore applications, has made a strategic decision to merge its tidal energy businesses into Sustainable Marine Energy (SME), including UK subsidiary TidalStream Ltd…

Equinor Pushes Shore Power, Cuts CO2

Jan 20, 2019

Norwegian oil major Equinor said that NorSea opened a shore power supply station at the Dusavik supply base in Stavanger, Norway, on January 18.'The base is the latest in a string of supply bases where vessels operating on Equinor contracts…

Inpex Wins Exploration Acreage Offshore Norway

Jan 20, 2019

Japan’s Inpex Corporation, through its unit Inpex Norge bagged two exploration licenses offshore Norway in Norway’s Awards in Predefined Areas (APA) 2018 licensing round.The PL1027is located in the western Barents Sea offshore and PL1016 is…

Government Shutdown: Atlantic Seismic Permitting Blocked by Judge

Jan 19, 2019

A federal court judge on Friday ruled that the federal government cannot process seismic testing permits for offshore oil drilling during the ongoing government shutdown, dealing a blow Trump administration's energy agenda.Judge Richard Gergel of the U…

Fugro to Mobilize Edda Sun for IRM Work

Jan 18, 2019

Dutch offshore surveyor Fugro said Friday it is set to commence its first project using the multipurpose remotely operated vehilve (ROV) support vessel, Edda Sun, with mobilization for an inspection, repair and maintenance (IRM) contract planned for March 2019…

Schlumberger to Manage Equinor Project in Brazil

Jan 18, 2019

Schlumberger signed a contract worth over $200 million with oil major Equinor to manage an offshore rig as part of a drilling program in Brazil's offshore Campos oil basin, a person familiar with the matter said on Thursday.The deal would be…

Shell to Pick Either Onesubsea or TFMC for Ormen Lange Phase 3

Jan 18, 2019

Shell will develop the third phase of its giant Norwegian gas field Ormen Lange with a subsea compression system, the oil major said in a statement on Friday.The company will either choose Schlumberger's Onesubsea or TechnipFMC to do the work…

Schlumberger Sees International Growth in 2019

Jan 18, 2019

Schlumberger NV on Friday reported quarterly revenue that topped estimates and forecast single-digit growth in international markets this year even as crude prices have tumbled roughly 30 percent since October.With the drop in oil prices many producers were evaluating spending budgets for 2019…

GE to Test 12MW Turbine in Netherlands

Jan 17, 2019

Rotterdam's skyline will soon feature what is claimed as the world's largest and most powerful offshore wind turbine.GE Renewable Energy and Future Wind announced today that they have signed an agreement to install the first Haliade-X 12 MW…

Norway Awards 15 Exploration Licences to Lundin Petroleum

Jan 17, 2019

Europe’s independent oil and gas exploration and production company Lundin Petroleum announced that its wholly owned subsidiary Lundin Norway has been awarded a total of 15 exploration licence interests in the 2018 Norwegian licensing round (Awards in Predefined Areas…

Aker BP Plans Output, Dividend Hike

Jan 17, 2019

Norway's Aker BP will boost dividend payments between now and 2023 and step up investment in developing offshore oil and gas fields next year, the independent oil company said on Thursday.The result of a 2016 merger between the Norwegian operations…

Subsea Integration Alliance Wins Esso Contract

Jan 17, 2019

Exxon Mobil subsidiary Esso Australia Pty Ltd. awarded integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts to Subsea Integration Alliance, which comprises OneSubsea, a Schlumberger company…

Current News

Bloomberg News Reports Shell is Looking for a Buyer for Brazilian Oilfield Cluster

Bloomberg News Reports Shell i

Shell is in advanced discussions to buy LLOG Exploration, say sources. The deal will cost more than $3 billion.

Shell is in advanced discussio

ESG Completes Service Operation Vessel Conversion for HOS

ESG Completes Service Operatio

Orbital Marine Power Secures $9.31m Investment

Orbital Marine Power Secures $

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine