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UK Petroleum Reserves Could Sustain Production for 20 Years

Nov 08, 2018

The U.K.’s oil and gas reserves remain at a level which could sustain production for at least the next 20 years and beyond if additional undeveloped resources can be matured, according to the U.K. Oil and Gas Authority (OGA).OGA’s ‘UK Oil and Gas: Reserves and Resources’ report, published Thursday shows that overall remaining recoverable reserves and resources range from 10 to 20 billion barrels plus of oil equivalent…

Moog Focal Products for APL Norway AS

7 hours ago

A Floating Storage and Offloading project in the Norwegian Sea is to benefit from high-end products for data and process control from MacArtney & Moog Focal.MacArtney has secured a contract from APL Norway AS, a Norwegian Mooring and Loading…

Denmark Rethinks Offshore Project

Feb 10, 2019

The Energy Board of Appeal has cancelled and withdrawn the part of the construction licence for the Vattenfall's Vesterhav Syd Offshore Wind Farm concerning assessment of environmental impacts, with a view to renewed processing by the Danish Energy Agency (DEA)…

New Fluid Helps Preserve Subsea Equipment

Jan 31, 2019

A newly introduced preservation fluid is designed to provide long-term protection for subsea equipment components and interface profiles.The environmentally friendly Defender Stasis LT from Universal Subsea Inc. (USI) is a lightweight, nontoxic…

Bahrain's First LNG Terminal Ready for Business

Jan 19, 2019

Bahrain expected to start LNG imports early this year; FSU on 20-year time charter to Bahrain LNG arrives in the GulfBahrain's first liquefied natural gas (LNG) floating unit arrived in the Gulf this week as the country gets ready for its maiden imports of the super-chilled fuel this year…

Fred Olsen Acquires Offshore Wind Installation Vessel

Dec 17, 2018

Norway-based offshore wind services company Fred. Olsen Windcarrier AS (FOWIC) has agreed to acquire a 51% stake in the owner of the Seafox 5, an offshore wind transport and installation vessel.By this move Fred Olsen Windcarrier will include this vessel under its commercial…

GPS, Ice Profiling Sonar Used in Sea Level Variation Study

Dec 02, 2018

ASL Environmental Sciences said that Dr. David Holland of New York University, in collaboraon with Dr. Natalya Gomez at McGill University, is leading an invesgaon of sea level variaons in the Disko Bay region of western Greenland.According to…

Georgia Bullish on Offshore Natural Gas and Oil Reserves

Nov 15, 2018

Georgia Petroleum Council noted released results from a new study highlighting how Georgia’s economy could benefit from over $200 million in tax revenues as a result of offshore leasing in the Atlantic Outer Continental Shelf (OCS).“Cutting…

Semco Maritime Booked for Deutsche Bucht

Oct 16, 2018

Danish-based Semco Maritime has been awarded a 5-year service contract for the Deutsche Bucht offshore wind farm, owned by Northland Power. Alongside, Semco Maritime doubles staffing at offshore centre in Norddeich due to increasing activity…

Lundin Acquires Equinor's Luno II Stake

Oct 04, 2018

Lundin Petroleum AB through its wholly-owned subsidiary Lundin Norway has entered into an agreement with Equinor Energy, under which Lundin Norway will acquire Equinor’s entire 15 percent working interest in the Lundin Norway operated licence PL359…

FSU Delivered to Bahrain LNG

Oct 02, 2018

Teekay LNG’s first Floating Storage Unit (FSU) has been successfully delivered to charterer Bahrain LNG. The vessel delivered from the yard at the end of August, before going on hire on 19 September, 2018. The vessel will be used to support…

Marine Survey Work Starts for Greenlink Interconnector

Sep 25, 2018

The subsea field work for the Greenlink interconnector, one of Europe’s most important infrastructure projects, gets under way with the launch of the first of MMT’s survey vessels, MV Franklin.The offshore and nearshore surveying along the proposed…

Arkona Offshore Wind Farm Comes Online

Sep 24, 2018

The Arkona offshore wind farm in the German part of the Baltic Sea has supplied the first electricity into the German electricity grid.The 385 MW project, operated by E.ON in partnership with Equinor, when completed can deliver power to approximately 400…

Federal Judge Orders Keystone XL Pipeline Review

Aug 16, 2018

A federal judge in Montana on Wednesday ordered the U.S. State Department to do a full environmental review of a revised route for the Keystone XL oil pipeline, possibly delaying the project's construction and dealing the latest setback for Canada's TransCanada Corp…

Statoil awards battery contract for Hywind Scotland

Nov 28, 2017

Statoil has awarded a contract to Younicos, a provider of smart energy and grid solutions based on battery storage, to deliver a 1MW battery system that will be connected to Hywind Scotland, the world’s first floating wind farm. The purpose of the battery storage solution project…

Current News

Moog Focal Products for APL Norway AS

Moog Focal Products for APL Norway AS

Hiring Uptick on the Horizon

Hiring Uptick on the Horizon

Shell Shrugs off Brexit, Eyes UK Offshore Wind

Shell Shrugs off Brexit, Eyes UK Offshore Wind

FPS Market in Americas to Grow 7%

FPS Market in Americas to Grow 7%

EMEC Tidal Lease Extended

EMEC Tidal Lease Extended

Global Decommissioning Set for Record Levels in 3 Years

Global Decommissioning Set for Record Levels in 3 Years

Spectrum Begins Seismic Survey in Argentina

Spectrum Begins Seismic Survey in Argentina

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