Offshore Energy News

 

Angola Resisting Pressure to Taper Oil Output

Jul 02, 2020

Angola is resisting pressure by OPEC's de-facto leader Saudi Arabia for a steeper oil output cut to comply fully with record supply curbs, OPEC and industry sources said.The Organization of the Petroleum Exporting Countries and allies, known as OPEC+…

Huisman to Deliver Cranes for First Taiwan-built Offshore Installation Vessel

Jul 02, 2020

Dutch industrial equipment provider Huisman will deliver cranes for the first Taiwan-built offshore installation vessel.The vessel - to be named Green Jade - will be owned by CDWE, a joint venture company between Taiwanese company CSBC and Belgian offshore contractor DEME…

Fugro Inspecting Cygnus Subsea Structures

Jul 01, 2020

Dutch offshore geo-data specialist Fugro will deploy remote monitoring technology to survey subsea structures at the Cygnus gas field in the UK’s southern North Sea.Under the contract awarded by oil and gas company Neptune Energy, Fugro will…

Subsea 7's Pipelines and Umbilicals for Aker BP's Hod

Jun 30, 2020

Oslo-listed offshore installation giant Subsea 7 will be responsible for the delivery and installation of subsea pipelines and umbilicals at Aker BP's recently sanctioned Hod field development project, in the North Sea offshore Norway.Aker BP…

Oceaneering Nets 3-year Inspection Services Contract with Chevron in Angola

Jun 30, 2020

Offshore and subsea services provider Oceaneering has secured a contract with Chevron's Angola subsidiary Cabinda Gulf Oil Company Limited (CABGOC)Under the three-year contract, Oceaneering's Asset Integrity division will provide inspection services onshore Cabinda…

Aker Solutions, Equinor Sign LoI for Askeladd Subsea System

Jun 30, 2020

Norway's Aker Solutions has received a letter of intent from Equinor to deliver the subsea production system for the Askeladd Vest natural gas development in the Barents Sea in northern Norway.The development of Askeladd Vest is phase two of…

Schlumberger Introduces Remote Well Op and Downhole Reservoir Testing Tech

Jun 30, 2020

Oilfield services giant Schlumberger has this week introduced two interesting technologies for remote well operations and downhole reservoir testing, the Performance Live and the Symphony, respectively.Performance Live is a digital service that optimizes remote well site operations control…

ConocoPhillips Deploys 'Low-code' Tech to Boost Bottom Line

Jun 30, 2020

ConocoPhillips has deployed a low-code platform called Mendix to cut costs and increase efficiency, making it the first major oil and gas producer to use such technology across the company, Mendix said in a statement on Tuesday.Mendix, owned by German technology firm Siemens…

Atlantic Shores Offshore Wind Installs Wind LiDAR in New Jersey

Jun 30, 2020

A wind LiDAR (light detection and ranging) instrument has been installed alongside the causeway leading to Rutgers University Marine Field Station in Tuckerton, New Jersey.The fully autonomous sensor platform, owned and operated by Atlantic Shores Offshore Wind…

ION Geophysical, PGS in 2D Data Team-Up

Jun 29, 2020

Offshore seismic data companies ION Geophysical and PGS have agreed to collaborate globally on 2D exploration data.  'Both companies have modern, high-quality multi-client data libraries that together cover all the significant hydrocarbon provinces around the world…

Parat Halvorsen Electric Boilers for Edvard Grieg Platform

Jun 26, 2020

Norwegian company Parat Halvorsen will supply the electric boilers that will provide the heating on the Edvard Grieg platform offshore Norway when the field is supplied with power from shore. 'This means that the last piece of the puzzle to fully electrify Edvard Grieg is coming into place…

Norway's Carbon Capture and Storage Project Estimated to Cost $2.6B

Jun 25, 2020

Norway's ambition to build a full-scale carbon capture and storage (CCS) chain could cost around $25 billion crowns ($2.58 billion), including operating costs for ten years, an economic analysis showed on Thursday.The International Energy Agency…

Proserv, Dril-Quip in Subsea Control Systems Pact

Jun 25, 2020

Drilling and production equipment provider Dril-Quip and controls technology company Proserv have entered into an agreement under which Dril-Quip will rely upon Proserv for the development and manufacturing of its subsea control systems as a supplier…

Belov Engenharia Orders Four Saab Seaeye ROVs

Jun 24, 2020

Four Saab Seaeye 3000m rated electric Leopard work vehicles have been ordered by Belov Engenharia for Petrobras operations in Brazil.“The Leopard was chosen for its compact size to power ratio,” says Belov’s Director of Operations, André Weber Carneiro…

Rovco Opens Edinburgh Office

Jun 23, 2020

The UK-based provider of ROV services to the offshore energy industry has opened a new office and operational base in Edinburgh, Scotland to serve its current portfolio of offshore renewable and energy projects renewable and energy projects…

Current News

Trump Extends Offshore Drilling Ban in North Carolina, Virginia

Trump Extends Offshore Drilling Ban in North Carolina, Virginia

Guyana Nears Deal with Exxon for Payara Project

Guyana Nears Deal with Exxon for Payara Project

Canada Commits Nearly $240 Mln to Aid Offshore Oil Industry

Canada Commits Nearly $240 Mln to Aid Offshore Oil Industry

Petrobras Eyes Sale of Albacora Offshore Fields

Petrobras Eyes Sale of Albacora Offshore Fields

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