Offshore News, Offshore Engineer Magazine - Page 5

 

Comment: Hydrogen—Europe’s Pipe Dream

Dec 30, 2019

Europe — okay, Brussels — is keenly anticipating the day hydrogen begins supplanting the natural as in its pipeline net, as more explosive H could mean energy storage, motive power and, perhaps, heating.It wants more hydrogen from offshore platforms…

In Norway, Balder Signals Party Still On

Dec 26, 2019

Norway at years’ end is marking “50 years of oil” and ushering in decades more oil wealth with the go-ahead of the Balder-Ringhorn life extension project along with dozens of other life-extenders.The North Sea oilfield was the first discovered off Norway in 1967…

Seabed Study Precedes Planned Licensing Round in Nigeria

Dec 25, 2019

As Nigeria looks ahead to a possible oil licensing round in mid-2020, the plan has received a major boost with the launch of the West Africa country’s first ever regional multi-client Multibeam and Seafloor Sampling Study (MB&SS).The data gathering…

OSVs: Rising Tide Won't Lift All Boats

Dec 23, 2019

The offshore supply vessel (OSV) industry has emerged from its 2017 trough, thanks in large part to a slight shrinkage of the active fleet, a string of debt restructurings, improved cost management, and an uptick in drilling activity in a few regions…

Decommissioning Hard to Nail Down

Dec 23, 2019

The North Sea decommissioning picture is murky at best, and its constantly evolving timetable is proving difficult to plan for, judging by the qualifying comments of a number of operators and regulators, of late.While the technology of offshore…

Congo Offshore to Reap from New Data Model

Dec 18, 2019

In Africa, as the count of offshore oil and gas blocks that are getting depleted continues to rise, some producing countries are opting to invest in seismic data to enable identification and demarcation of new blocks while at the same deploying more high end technology…

In Norway, Salaries, Investment Move North

Dec 17, 2019

A slew of reports out of Norway over the past month point to rising oil industry salaries (and therefore costs) after two years that saw heavy investments offshore.For the 225,000 Norwegians who work in oil and gas, both hikes are good news…

£10 billion+ Offshore Wind Decommissioning Bill

Dec 16, 2019

The UK’s offshore wind industry will need to lean on oil and gas expertise to help decommission wind farms as more than 3 gigawatts (GW) of offshore wind power reaches the end of its design life by 2034, an industry decommissioning conference heard in November…

Comment: Equinor’s New E&P El Dorado

Dec 12, 2019

It’s been quite a month for Equinor — new stakes in European wind; new Gulf of Mexico deepwater acreage; new frame contracts for major suppliers plus an endorsement from the International Energy Agency for its energy mix.Not bad — oh, and an…

Energy Transition and Sustainability Talks at 2020 WPC

Dec 11, 2019

The 23rd World Petroleum Congress will set the scene for a discussion about the energy transition, climate change and innovative technologies.Set for December 6-10, 2020, in Houston, considered the energy capitol of the world, the WPC typically draws 10…

Shelf Drilling Eyes Nigerian Prospects

Dec 11, 2019

Shallow water drilling services provider Shelf Drilling has announced a one-year extension on its 1982-built BMC 300-1C Trident XIV jack-up rig in continuation of its current assignment offshore Nigeria.The rig was contracted to ExxonMobil for…

Comment: In Romania, the Sun Also Rises

Dec 09, 2019

Depending on who you talk to, the Romanian offshore either has two projects worthy of mention and an aging supplier base, or it’s the most up-and-coming and accessible oil and gas province in all the world.The truth, as usual, is somewhere in the middle…

US Gulf: Infrastructure-led Exploration

Dec 08, 2019

2019 has seen greenfield prospects in the US Gulf of Mexico return to the forefront of upstream planning. Chevron is pursuing the 20,000 psi Anchor project while Shell intends to replicate the Vito semi-sub to develop its Whale discovery. Meanwhile…

New 'Rig Baby' Takes Shape

Dec 05, 2019

Norwegian rig and shipping magnate John Fredriksen is pooling harsh environment rig assets and putting his money into new venture, Northern Ocean Ltd., now a business of Seadrill subsidiary, Northern Drilling.Fredriksen’s investment vehicle…

Bowleven Pushes Ahead With Etinde Despite Losses

Dec 04, 2019

Africa-focused oil and gas explorer Bowleven Plc has vowed to soldier on with its planned monetization of the offshore Etinde field in Cameroon despite the company posting further losses in the last financial year.Bowleven said last week it…

Current News

Saudi Aramco, Chevron Chiefs See Global Oil Demand Recovery

Saudi Aramco, Chevron Chiefs See Global Oil Demand Recovery

Lundin Energy Hires Deepsea Stavanger Offshore Drilling Rig

Lundin Energy Hires Deepsea Stavanger Offshore Drilling Rig

ABS: U.S. Offshore Wind Vessel Demand Set to Soar

ABS: U.S. Offshore Wind Vessel Demand Set to Soar

Oceaneering Wins Integrated Rig Services Deal in Gulf of Mexico

Oceaneering Wins Integrated Rig Services Deal in Gulf of Mexico

Subscribe for OE Digital E‑News

Offshore Engineer Magazine