Offshore Energy News


Shell Joins the Global Wind Energy Council

Oct 25, 2018

British-Dutch oil and gas company Shell has joined the Global Wind Energy Council as a board level member as part of its 'new energies strategy' that includes expansion of wind business.Ben Backwell, CEO of the Global Wind Energy Council, says: “We are delighted to have Shell join GWEC’s board…

Petrobras Fires up Production in Offshore Lula Field

Oct 24, 2018

State-controlled oil company Petroleo Brasileiro said on Wednesday it had started production on its eighth platform in the offshore Lula field, Brazil's most productive, as it ramps up output from the Santos basin in the coveted pre-salt oil play…

U.S. DOI Okays Hilcorp AK Offshore Oil & Gas Project

Oct 24, 2018

The U.S. Department of the Interior on Wednesday gave conditional approval to privately-held Hilcorp's long-awaited oil and gas production facility in federal waters off Alaska.Hilcorp is seeking to build a nine-acre artificial gravel island in shallow waters of the Beaufort Sea…

Russia's Novak: Not Aware of any Eni Withdrawal from Rosneft Projects

Oct 24, 2018

Russian Energy Minister Alexander Novak said on Wednesday he was not aware of any decision by Italy's ENI to suspend its involvement in any Rosneft projects.Earlier on Wednesday, Interfax news agency reported that the two oil majors were discussing…

First LNG Cargo Exported from Ichthys

Oct 23, 2018

French oil and gas major Total said on Tuesday that the first cargo of liquefied natural gas (LNG) cargo from Australia's Ichthys LNG project has been exported following the production start-up at the end of July.Ichthys LNG, with reserves of…

Kvaerner Eyes Growth, Mergers as Profits Decline

Oct 23, 2018

Kvaerner, a Norwegian builder of oil platforms, aims to increase its revenue by some 40 percent by 2022 by expanding abroad, the company said on Tuesday after reporting a sharp decline in third-quarter earnings that drove down its shares.Kvaerner's quarterly earnings before interest…

Renewables: Ingeteam Gets DNV GL Approval in India

Oct 23, 2018

Ingeteam, an independent global supplier of electrical conversion equipment, announced today that it received DNV GL’s “Shop Approval in Renewable Energy” certification for the wind converter manufacturing facility recently established by the company in the Tamil Nadu region…

Russia Details Conditions of 2017 Settlement with Exxon on Sakhalin-1

Oct 23, 2018

Russia's government has disclosed conditions of an out-of-court settlement signed in 2017 between Russia's finance ministry, the Russian subsidiary of U.S. oil major Exxonmobil and other members of Russia's Sakhalin-1 oil and gas project, Interfax news agency reported on Tuesday…

UK's Tullow to Ramp Up Ghana Oil Production

Oct 23, 2018

UK-based Tullow Oil aims to ramp up its oil production in Ghana to 180,000 barrels per day by the end of the year, following successful drilling of additional wells, its Ghana head Kweku Awotwi said on Tuesday.Tullow is confident of sustaining peak production from its two oilfields in Ghana…

Pacific Drilling Bags Eni Contract for Offshore Nigeria

Oct 23, 2018

Offshore ultra-deepwater drilling company Pacific Drilling announced that its deepwater drillship the Pacific Bora has been awarded a contract by Nigerian Agip Exploration Limited (a subsidiary of Eni SpA) for drilling operations in Nigeria…

ADNOC Offshore Says Nasr Field Facilities Completed

Oct 22, 2018

Abu Dhabi's state-owned ADNOC Offshore has completed the installation of all Nasr field facilities, said a company tweet on Sunday.''This megastructure is one of the largest supercomplexes in the world, with Nasr field contributing to ADNOC’s end of 2018 oil production capacity target of 3…

Rowan Stavanger to Drill for Gudrun

Oct 22, 2018

Rowan Norway Limited has been awarded a contract for drilling two wells at the Gudrun field by use of the Rowan Stavanger jack-up rig. The rig has furthermore been awarded five options for drilling of single wells.Equinor has signed a framework agreement with Rowan Norway Limited…

Bourbon Awarded Floating Wind Farm Work

Oct 22, 2018

Bourbon Subsea Services has been selected by Windplus to install three floating wind turbines of 8.3 MW, 20 km off Viana do Castelo, Portuguese coast. These turbines, with a total capacity of 25 MW, are the most powerful in the floating offshore wind industry…

Indonesia Awards Two Oil and Gas Blocks

Oct 22, 2018

Indonesia awarded two oil and gas blocks of six auctioned by the government, deputy energy minister Arcandra Tahar told reporters on Monday.Indonesia awarded South Jambi B gas block to Hong Kong Jindi Group Ltd and Banyumas exploration block to Indonesia's PT Minarak Brantas Gas…

Siemens Gamesa Plans Assembly Plant in Taiwan

Oct 22, 2018

Wind turbine maker Siemens Gamesa will build an assembly plant in Taiwan if it gets a firm order from Denmark's Orsted to supply its 900-megawatt Greater Changhua offshore wind farm, the German-Spanish company said on Monday.Siemens Gamesa,…

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