British oil major BP Plc on Tuesday agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years.The deal, which includes interests in the most prolific oil field in U…
The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million (m) tonnes in June 2019. Also contributing to the June record was South Korea, as exports to the other main Far Eastern buyer reached an all-time high volume of 2…
High voltage engineering specialist EDS HV Group (EDS), part of the UK’s leading marine services company – James Fisher and Sons plc, has carried out an innovative cable testing campaign for Vattenfall at Horns Rev 1 after the windfarm had experienced network issues…
UAE-based offshore geophysical company Polarcus said it has been awarded a contract to carry out an XArray marine seismic acquisition project in Southeast Asia.The project will commence in the fourth quarter of 2019 with an approximate duration of 40 days.
Ferries serving the Western Isles and West Coast of Scotland could soon be powered by hydrogen generated from onshore island wind power, according to a newly published feasibility study.The Scottish Western Isles Ferry Transport Using Hydrogen (SWIFTH2) project…
The U.S. offshore wind project development pipeline grew to a potential generating capacity of 25,824 MW across 13 states, including the Block Island Wind Farm commissioned in 2016.Projects totaling 21,225 MW have exclusive site control, meaning…
Corvus Energy, a provider of energy storage solutions for marine, oil & gas and port applications, announced that DNV GL and Corvus Energy have completed the DNV GL Manufacturer Product Quality Assessment (MPQA) and have signed a Manufacturing Survey Arrangement (MSA)…
The Port of Johnstown will be a busy port over the next several months as vessels are delivering ENERCON turbine components for the Nation Rise Wind Farm project.The cargo represents a major business win for the Port, which completed a multi…
Top Russian oil producer Rosneft has put up marine fuel cargos for sale with the euro as the default currency, a tender document showed on Monday, in line with its plan to sell oil products in the single currency instead of the U.S. dollar.Rosneft said it had tendered to sell up to 70…
Orkney-based Green Marine won a three-year contract to deliver operations and maintenance work for Equinor’s Dudgeon offshore windfarm.Green Marine will supply its Damen-built 2610 Twin Axe vessel, Green Storm, to assist in the operations and…
Engineering and industrial software company AVEVA announced that Worley has selected AVEVA’s Enterprise Resource Management solution as its preferred materials management platform. The partnership combines Worley’s engineering, procurement…
GATE Energy, a player in oil and gas engineering, commissioning and specialty field services, announced the opening of its new Singapore office.'This marks the first permanent location for the GATE Energy family of companies outside of the United States…
Danish group NKT A/S said it has signed the final contract with Energinet and National Grid for the supply of a cable system for the 1,400-MW Viking Link inter-connector between Denmark and the UK.As per the contract, NKT is to supply a cable system of approx…
Offshore installation vessel MPI Resolution has started a blade repair and upgrade campaign at the Princess Amalia offshore wind farm in the Netherlands.MPI Offshore, a subsidiary of Van Oord, has been contracted to repair and upgrade all of…
Brazil will also lead globally on crude production capacity through upcoming floating production storage and offloading (FPSO) vessels with 2,430 thousand barrels per day (mbd) between 2019 and 2025.A total of 20 planned and announced floating…
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