Offshore Energy News


McDermott Gets Saipem as Partner for NextDecade

Oct 30, 2018

McDermott International announced that it plans to partner with the Italian oil and gas industry contractor Saipem S.p.A. to bid for NextDecade's planned Rio Grande LNG project in Brownsville, Texas.'Our joint bid with Saipem will feature optimized…

OFFSHORE ENGINEER (OE) is Back!

Oct 29, 2018

I am proud to announce that we have acquired the assets of Atcomedia and starting in January 2019 we will relaunch the flagship title, Offshore Engineer (OE), a perfect compliment to our media offering, led by Maritime Reporter & Engineering News…

Seacat Services Eyes Growing Offshore Wind Market

Oct 29, 2018

U.K. based offshore energy support vessel (OESV) operator Seacat Services said it has seen unprecedented growth in demand for crew transfer vessel (CTV) services across 2018 in offshore wind.The fourth quarter of 2018, is, atypically, seeing surging demand for offshore wind crew transfer…

Teekay Offshore Reaches Settlement with Petrobras

Oct 29, 2018

Teekay Offshore Partners L.P. announced Monday that certain of its subsidiaries have entered into a settlement agreement with Petróleo Brasileiro S.A. and Petroleo Netherlands B.V. – PNBV S.A. with respect to various disputes relating to the…

Eni Strikes Deal with Total to Boost Algeria Operations

Oct 29, 2018

Italian oil major Eni said on Monday it had struck a deal to team up with French peer Total to look for oil and gas in Algeria and strengthen its position in the north African country.The two oil companies signed a deal with state-owned Algerian…

Norway Approves Chrysaor's North Sea Oil Stake

Oct 29, 2018

Norway has approved British oil firm Chrysaor's purchase of a 15 percent stake in the North Sea Grevling oil discovery, the Ministry of oil and energy said on Monday.It was Chrysaor's first stake in the Nordic country, and the company has said it eventually aims to become a field operator in Norway…

Galp, ENI Give Up On Drilling for Oil Near Portuguese Coast

Oct 29, 2018

Portugal's Galp Energia and its Italian partner ENI have abandoned plans to drill Portugal's first deep-water offshore exploration well due to legal problems after injunctions and protests by environmental activists.The project was being prepared…

Claxton to support MOL Norge’s first well programme on the Norwegian Continental Shelf

Oct 29, 2018

Claxton, a supplier of engineering and services for shallow-water, jackup-depth markets in subsea services group Acteon, has been contracted to support MOL Norge AS on its first well program on the Norwegian Continental Shelf.The award is through Ross Offshore Well Management AS…

Equinor Finds More Oil in Arctic Field

Oct 29, 2018

Norwegian oil and gas firm Equinor has found more oil near its Johan Castberg field in the Arctic Barents Sea, the company said on Monday.The Skruis exploration well, drilled about 8 kilometers north of the original discovery, indicated a volume of 12-25 million recoverable barrels of oil…

Oil Falls on Gloomier Economic Forecast

Oct 29, 2018

Fund managers cut bullish crude holdings to 15-month low.Oil prices fell on Monday, as concern over the global economy put crude on track for its biggest monthly fall since mid-2016.Brent crude oil futures were down 34 cents at $77.28 a barrel at 1005 GMT…

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…

Current News

Indonesia's Jangkrik FPU Set for Major Gas Output Boost

PTTEP, Eni Launch Joint Venture for ADNOC-Operated Ghasha Offshore Project

Oil India Discovers Gas in Shallow Waters of Krishna-Godavari Basin

Masirah Oil Starts Yumna Offshore Drilling Ops After Months of Delays

Sunda Energy Gets Chuditch License Extension After Termination Warning

Finder Energy Selects Eneos’ Rig for Drilling Job off Timor-Leste

Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

Oil Markets Brace for Years of High Prices as Iran War Drags On

Seadrill Secures Offshore Drilling Deals Across Four Countries

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