Offshore Energy News


Angola Battles to Revive Oil Exploration

Nov 15, 2018

On Saturday, nearly two decades after securing the initial rights, Total's CEO Patrick Pouyanné was in Luanda to snip the ribbon on a $16 billion oil project. It's not clear when he, or his peers, will be cracking open the bubbly in Angola again…

Offshore Platforms Controlled from Land

Nov 15, 2018

Aker BP said it will become the first oil company in Norway to control operations of a permanently manned offshore platform from land from next year.Operating platforms remotely can be done with fewer staff than doing it offshore and other oil…

ADNOC LNG Wins Extension of Gas Supply Contract to 2040

Nov 15, 2018

The Abu Dhabi National Oil Company (ADNOC), has agreed, in principle, to extend to 2040 its gas supply agreement with ADNOC LNG, in coordination with ADNOC LNG’s joint venture partners, Mitsui, BP and Total.The the state-owned oil company of…

COWI Expands in US Offshore Wind Energy

Nov 15, 2018

In a major developement, international consulting group COWI announced it plan to increase its presence in the USA significantly with the consultancy contract with Vineyard Wind in Massachusetts – the first major US offshore wind energy project…

UK Offshore Licensing Round 'Encouraging'

Nov 14, 2018

The U.K.’s latest offshore licensing round has attracted 36 applications covering 164 blocks in frontier areas of the U.K. Continental Shelf (UKCS). A strong and diverse set of applications were received from 35 companies ranging from multinationals to microbusinesses…

TechnipFMC Inks Deal with Chevron

Nov 14, 2018

TechnipFMC announced on Wednesday it has signed a five-year Surface Technologies Frame Agreement with Chevron to cover the exclusive supply of surface wellhead equipment and service in the U.S. and Canada.Richard Alabaster, President of TechnipFMC’s Surface Technologies business…

Corallian Energy on Course for Wick Exploration Well in December

Nov 13, 2018

UK-based Corallian Energy has revealed that the UK Government had looked favourably upon its plans for two offshore exploration wells.The Offshore Petroleum Regulator for Environment and Decommissioning, which sits within the Department for Business…

Subsea 7 Goes to Taiwanese Offshore Wind Market

Nov 13, 2018

Norway's Subsea 7  subsidiary Seaway Offshore Cables (SOC) has won a contract to supply and installation of the export and inner array grid cable system for the Yunlin Offshore Wind Farm project by YunNen Wind Power Company, a company of the WPD Group…

Eidesvik Offshore Bags CGG Charter

Nov 13, 2018

Norway's Eidesvik Offshore said that a company in the group has entered into an agreement with a CGG subsidiary for a new contract for the source vessel Veritas Viking.The contract is 5 months firm with further options and will commence ultimo November 2018…

Ca Tam Field to Start Production January 15

Nov 13, 2018

Vietsovpetro, a Vietnam-Russia oil joint venture, will start crude oil production at the Ca Tam field offshore southern Vietnam from Jan. 15, three sources with knowledge of the matter said on Tuesday.Ca Tam is the first new field to be brought…

BY THE NUMBERS - Offshore Supply Vessels: Balanced Continued Pressure with Gradual Recovery

Nov 13, 2018

Global consulting firm AlixPartners, in a new paper entitled, “Too many ships, too few rigs: why recovery is still a distant dream for the OSV sector,” warns that companies counting on a quick return to stability in the OSV sector are in for a rude awakening…

Cooper Energy: Sole Pipeline Test Fails

Nov 12, 2018

Australia-based Cooper Energy says testing of the newly installed Sole pipeline in the eastern Gippsland basin offshore Victoria, southeast Australia has revealed localized damage.'Laying of the 65 km pipeline to link the recently completed…

EnBW Cuts Renewables Outlook

Nov 12, 2018

German energy group EnBW on Monday cut the outlook for its renewables division after low wind and water levels hurt the output at its hydroelectric power plants and wind parks.The group said adjusted core earnings (EBITDA) at its renewables unit would develop in a range of -10 to +5 percent…

Total Launches $16 Bln Project Offshore Angola

Nov 12, 2018

Africa's second largest crude producer Angola and France's Total officially inaugurated a new deep-sea oil field worth $16 billion in the Atlantic approximately 260 kilometers from the capital Luanda.The Angolan State Minister for Economic and Social Development…

Belgium Propels Offshore Wind Energy

Nov 12, 2018

Northwester 2 in Belgium will be the world’s first offshore wind park to feature the V164-9.5 MW turbine from MHI Vestas Offshore Wind.It’s full steam ahead for Belgium’s next offshore wind park as MHI Vestas and Parkwind confirm the firm order for the supply and installation of 23 V164-9…

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Sunda Energy Gets Chuditch License Extension After Termination Warning

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Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

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Seadrill Secures Offshore Drilling Deals Across Four Countries

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