Offshore Energy News


Smulders Updates Deutsche Bucht Offshore Wind Farm

Oct 29, 2018

Smulders, acting for and on behalf of the JV Iemants-Eiffage, has reached the next step in the realization of the substation for the Deutsche Bucht offshore wind farm.Ten months after starting the final assembly in January 2018 at the yard of Damen Shiprepair Vlissingen…

Shell Netherlands CEO Christens Wagenborg's W2W Vessel

Oct 29, 2018

The second Walk to Work vessel in the fleet of Wagenborg Offshore was unveiled on the Nieuwediepkade in the port of Den Helder. The Walk to Work Emergency Response and Rescue Vessel Kasteelborg was christened by Mrs. Marjan van Loon, CEO Shell Netherlands…

Pemex Posts Third Quarter Profit

Oct 26, 2018

Mexico's Pemex reported a 26.8 billion peso ($1.43 billion) net profit in the third quarter, and revenues of 439.1 billion pesos, the state-run oil and gas company said on Friday.The profit compared with a 101.8 billion peso loss by the company in the same period last year…

Woodside Energy GWF-2 Commences Production

Oct 25, 2018

Australian oil and gas company with a global presence  Woodside announced that the Greater Western Flank Phase 2 (GWF-2) Project off the north-west coast of Australia has commenced gas production.A press release from the operator of the North…

Wellhead Expertise for ADNOC

Oct 25, 2018

Weir Oil & Gas Pressure Control Dubai has been awarded its first three-year contract to provide in-country wellhead equipment and services to Abu Dhabi National Oil Company (ADNOC) Onshore from its API 6A manufacturing plant in Dubai.The hardware…

Oil Higher as Stocks Rebound, Saudi Signals Intervention

Oct 25, 2018

Crude stockpiles rising at U.S. futures delivery point; Saudi Arabia says oil market could shift to oversupply in Q4.Oil prices rose 1 percent on Thursday, following the U.S. stock market higher a day after Wall Street's biggest drop since 2011…

Norway's Aasta Hansteen Field to Start Producing Gas

Oct 25, 2018

Norway's Aasta Hansteen gas field will start production from Nov. 4 and will feed the system with 12 million cubic metres (mcm) of gas per day, it's largest owner Equinor said on Thursday.The newly connected field, which will send its production to Norway's Nyhamna plant for processing…

Shell Adds New FPSO in Brazil

Oct 25, 2018

New, deep-water production is underway today at the Lula Extreme South in the Brazilian Santos Basin.  Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. (Shell) and consortium partners, announces that the FPSO P-69 is now producing…

Asia-Pac Offshore Wind Capacity to Rise 20-fold in a Decade: Wood Mackenzie

Oct 25, 2018

Asia-Pacific's offshore wind capacity will rise 20-fold to 43 GW in 2027, said new research from global natural resources consultancy Wood Mackenzie. Future offshore wind prices will be competitive with traditional thermal prices, it said.Leading the charge is China…

US, Russian Energy Majors Join to Push LNG in India, Japan

Oct 25, 2018

Russia's energy major Rosneft and US ExxonMobil plan to build a liquefied natural gas (LNG) plant in a consortium with Indian and Japanese partners, spreading the estimated $15 billion cost, Reuters reported.The report said that  the LNG production…

Arkona Offshore Wind Farm Completed in Record Time

Oct 25, 2018

Construction of Germany's 385 MW Arkona offshore wind farm in the Baltic Sea has been completed at a new record speed: The workers needed less than three months to erect 60 turbines.'The joint project between E.ON and the Norwegian energy company…

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…

Current News

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

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