UK-based oil and gas exploration firm i3 Energy PLC said its Serenity prospect in the North Sea 'provides significant organic growth' for its Liberator development.The company estimates that Serenity contains P50 stock tank oil-initially-in-place of 197mln stock tank barrels…
U.K.-based offshore energy support vessel (OESV) operator Seacat Services has installed advanced remote monitoring systems across its fleet in an effort to glean a new level of insight into the operational performance of its vessels.‘Digitalization’ of operational practices…
Swedish floating wind turbine player SeaTwirl has joined the Ocean Energy Scale-Up Alliance (OESA) that has been granted funding from the Interreg North Sea Region.SeaTwirl is a vertical floating wind turbine that was tested off the west coast of Sweden in 2011…
National Ocean Industries Association (NOIA) said that U.S. territories need the Offshore Wind for Territories Act.The U.S. has five permanently inhabited 'Territories' in the Caribbean Sea and the Pacific Ocean: American Samoa, Guam, the Northern Mariana Islands…
NYSE-listed offshore support vessel owner Scorpio Group has taken control of Nordic American Offshore (NAO), via a private placement into company’s shares worth $5 million.The investment, which took place via a private placement with Scorpio Offshore Investments…
Norway's Petroleum Safety Authority (PSA) has told Transocean, Maersk Drilling and Odfjell Drilling to beef up emergency evacuation equipment and procedures on 22 offshore oil rigs, it said on Wednesday.Drilling rigs are equipped with enclosed…
Subsea 7 associate Seaway Offshore Cables has won a contract to supply and install array cables for the 12-megawatt Coastal Virginia Offshore Wind (CVOW) projects in the U.S.'SOC in combination with Subsea 7, has been awarded its first US offshore…
A small amount of crude oil belonging to Royal Dutch Shell Plc leaked during a ship-to-ship oil transfer in Brazilian waters last month, the company confirmed to Reuters on Monday.About 200 milliliters of crude were released on Nov. 30 during the maneuver…
Egypt’s petroleum ministry has signed an agreement for UK Petroleum giant British Petroleum (BP) and UAE investment fund Mubadala to buy a 45 percent stake in the country's Noor offshore natural gas concesion in the Mediterannean from Italy’s Eni…
Japan's largest power company group Tokyo Electric Power Company (Tepco) announced that the company’s first commercial offshore wind power facility will launch on January 1, 2019.According to a press release from the utility giant, since 2013…
Dubai-headquartered offshore drilling contractor Shelf Drilling has bagged a three-year contract award for the Compact Driller jack-up rig with ADNOC Drilling, a division of Abu Dhabi National Oil Company (ADNOC)The contract is awarded for operations in the Arabian Gulf…
Norwegian subsidiary of Italian oil company Eni Norge AS and Stavanger shipping company Simon Møkster Shipping cut fuel consumption on the vessel Stril Barents in the Goliat field.According to a press release from the Norwegean offshore vessel owner…
Nordic American Offshore Ltd (NAO) said it has been awarded a one-year fixed contract for the 2013-built platform supply vessel (PSV) NAO Power.The contract with an unnamed 'first-class company' is due to commence in early December 2018, and…
Offshore vessel owner ESVAGT says it has set its sights on growth opportunities in Arctic regions where an uptick in oil and gas production is expected in coming years. In the Barents Sea, for example, the Norwegian Petroleum Directorate as…
Mitsubishi Corporation (MC), through its wholly-owned subsidiary Diamond Transmission Corporation (DTC), has been selected as the preferred bidder for a new, offshore electricity transmission link in the UK.According to a press release, this…
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