Offshore Energy News


Equinor Completes NCS Asset Sales

Dec 28, 2018

Norwegian energy company Equinor announced Friday it has completed the sales of two non-core discoveries on the Norwegian Continental Shelf (NCS) for a combined $470 million.Equinor announced in October that it would divest from the King Lear…

Transocean: $830M Drilling Contract for Ultra Deepwater Drillship

Dec 28, 2018

While the late 2018 oil price swoon has put a damper on an otherwise positive year for offshore energy markets, Transocean Ltd. (NYSE: RIG) ends the year on a positive, signing a construction management contract, as well as a five-year drilling contract with Chevron USA…

Woodside Enters FEED for Pluto Train 2

Dec 27, 2018

Australia's largest independent oil and gas company Woodside said it has awarded a contract to Bechtel (Western Australia) Pty Ltd to undertake front-end engineering design (FEED) for its proposed brownfield expansion of existing Pluto liquefied natural gas (LNG) facilities…

Indonesia Grants New Oil Blocks Contracts

Dec 27, 2018

Indonesia has announced the winner of its third bidding round that will operate oil and gas blocks in three locations, Deputy Energy Minister Arcandra Tahar, said on Thursday.The winners are Pearloil (Theralite) Ltd. for South Andaman block…

SOCAR Installs New Platform at Bulla-Deniz

Dec 26, 2018

A new stationary drilling platform was commissioned on Monday at the Bulla-Deniz offshore field in Azerbaijani sector of the Caspian Sea.The platform was built by SOCAR Oil and Gas Construction Trust and projected by the in-house Oil & Gas Research and Design Institute…

Exxon Continues Drilling Offshore Guyana

Dec 26, 2018

Exxon Mobil Corp said on Wednesday its oil drilling and development activities offshore Guyana were unaffected despite neighboring Venezuela's navy stopping two seismic survey vessels the company had hired.The closest of 10 oil finds Exxon has…

Prelude FLNG Starts Production in Australia

Dec 26, 2018

Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world's largest floating production structure and the last of a wave of eight LNG projects built in the country over the last decade…

MHI Vestas Wins Borssele V Innovation Site

Dec 24, 2018

The next offshore wind innovation site in the Netherlands will feature two V164-9.5 MW turbines from MHI Vestas, the 5th Dutch offshore wind park for the wind turbine supplier.MHI Vestas Offshore Wind, in signing a firm order with Two Towers Consortium for the Borssele V Offshore Wind Farm…

Ghana Exploration Licensing Round Attracts Global Majors

Dec 24, 2018

Sixteen oil and gas firms have submitted applications for one or more of five Ghanaian offshore blocks in the West African country's first exploration licensing round, its energy ministry said.The interest is a major vote of confidence in Ghana…

Caspian is Key for Lukoil

Dec 24, 2018

Alexander Oboronkov leapt at the chance to work on the Filanovsky platform after it was launched in 2016, keen to see Russia's largest Caspian Sea oilfield in action.The Filanovsky oilfield, along with the nearby Korchagin and Rakushechnoye fields…

Lamprell Wins Offshore Wind Project

Dec 23, 2018

Lamprell announced that it has been selected by GeoSea Procurement & Shipping Luxembourg SA, a wholly owned subsidiairy of GeoSea NV, the lead engineering, procurement, construction and installation contractor on the Moray East offshore wind farm…

Total in Talks to Sell North Sea Assets

Dec 21, 2018

French energy giant Total is in advanced talks with privately owned firms Albion Energy and First Alpha Energy Capital on the sale of some of its British North Sea assets, two industry sources said.In July, four banking sources told Reuters…

BP Green-lights Greater Tortue Ahmeyim Project

Dec 21, 2018

BP and its partners announced on Friday that the green light has been given for the first phase of the Greater Tortue Ahmeyim project off the coast of Mauritania and Senegal.The cross-border development, a first for the two West African nations and Africa's deepest offshore project at 2…

Van Oord Vessel Gets Baltic Project

Dec 21, 2018

Dutch maritime contracting company Royal Van Oord has signed a contract with the Swedish energy company Vattenfall for the transport and installation of the foundations for Kriegers Flak wind farm.Van Oord, international contractor specialising in dredging…

Vattenfall Okays 605MW Kriegers Flak offshore Wind Farm

Dec 21, 2018

Swedish state-owned power company Vattenfall has reached a final investment decision for the 605MW Kriegers Flak offshore wind farm in the Danish waters of the Baltic Sea.Vattenfall has made the final investment decisions for the offshore wind farm Kriegers Flak in Denmark…

Current News

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

DOF Secures Moorings Hook-Up Job in Asia Pacific

Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

Floating Offshore Wind Test Center Planned for Japan

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

TotalEnergies Inks 10-Year LNG Supply Deal with South Korea’s KOGAS

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

PTTEP Greenlights $320M Offshore CCS Project at Arthit Gas Field in Thailand

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

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