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MarTID '19 Survey: Deadline Extended

Feb 04, 2019

As survey responses continue to role in, the deadline for the 2019 Maritime Insights Database (MarTID) annual survey of maritime training practices has been extended to February 28, 2019. Ship owners, Maritime Training institutions and mariners all have a stake in participation…

DOE: $28M Available for Floating Offshore Wind

Feb 04, 2019

The U.S. Department of Energy announced up to $28 million in funding for a new Advanced Research Projects Agency-Energy (ARPA-E) program, Aerodynamic Turbines, Lighter and Afloat, with Nautical Technologies and Integrated Servo-control (ATLANTIS)…

PetroRio Wants Petrobras' Frade Stake

Feb 04, 2019

Brazilian independent oil firm PetroRio SA, which already owns 70 percent of the Frade oil field, has approached Petrobras about buying its 30 percent stake in the field, a person familiar with the matter said.PetroRio recently signed a deal…

Aker BP Makes North Sea Find

Feb 04, 2019

Aker BP has discovered an oil and gas reservoir while drilling near its Alvheim field in the North Sea, the Norwegian firm said on Monday.Known as Froskelaar (Frog's Leg) Main, the reservoir is estimated to hold between 45 million and 153 million barrels of oil equivalents…

Pfisterer Wins Moray East Offshore Windfarm Deal

Feb 03, 2019

The global manufacturer of high-voltage cable accessories and a system provider Pfisterer has won a contract for the supply of the 220kV land cable accessories for the grid connection of the 950MW Moray East offshore wind farm in Scotland.'In…

New York Launches Metocean Surveys

Feb 03, 2019

The New York State Energy and Research Development Authority (NYSERDA) unveiled two contracts with Ocean Tech Services and DNV GL for using floating lidar technology to study the metocean conditions off New York’s coast.The meteorological and…

ADNOC, US Firm Sign USD 244mln Deal

Feb 03, 2019

Abu Dhabi National Oil Co. (ADNOC) said it awarded an onshore block, known as Onshore Block 3 to US-based oil and gas exploration and production company Occidental Petroleum.The award has been endorsed by Abu Dhabi’s Supreme Petroleum Council (SPC)…

Anadarko Sells LNG to CNOOC

Feb 03, 2019

U.S. oil giant Anadarko Petroleum said it has signed a deal with one of China’s biggest importers to supply 1.5 million tonnes of liquefied natural gas (LNG) a year from Mozambique for a period of 13 years.The contract, signed by Anadarko and…

Port Arthur LNG Gets Permits

Feb 03, 2019

U.S. energy company and LNG operator Sempra Energy said that its Port Arthur LNG export terminal has moved one step closer to obtaining a federal permit.The Federal Energy Regulatory Commission (FERC) released a positive environmental impact statement for the project on Thursday…

Arctic LNG 2, Siemens Sign Deal

Feb 03, 2019

Russian gas producer Novatek said that it had signed a deal with German tech giant Siemens to buy compressors for its new Arctic LNG 2 natural gas liquefaction plant.Novatek's second LNG export facility after Yamal LNG, the 19.8 million mt/year…

Husky Restarts White Rose

Feb 03, 2019

Husky Energy said that it has received approval for the limited restart of oil and gas production from White Rose field offshore Newfoundland and Labrador.SeaRose FPSO project was shut down after a spill of about 250,000 litres after a heavy wind storm a couple of months ago…

Purovsky Reaches 80mt Processed

Feb 03, 2019

Russia's largest independent natural gas producer Novatek announced that its Purovsky Plant has cumulatively processed 80 million tons since the facilities start-up in June 2005.The Purovsky Plant processes de-ethanized (unstable) gas condensate…

Deepwater Oil Output to Reach 10 mb/d in 2019

Feb 01, 2019

Global deepwater oil production was expected to grow 700,000 barrels  per day (b/d) this year to hit a record high of more than 10 million b/d.Norwegian research group Rystad Energy said that it 'expects global deepwater production to reach record high level and surpass 10 million bb/d…

US Shale Lifts Exxon, Chevron Profits

Feb 01, 2019

Exxon Mobil Corp and Chevron Corp, two of the world's largest oil producers, on Friday posted improved quarterly earnings that benefited from double-digit percentage increases in production from the top U.S. shale field.Shares of both companies rose about 3 percent…

FPSO P-67 Starts Production at Lula

Feb 01, 2019

Petrobras announced Friday it has started producing oil and natural gas through the P-67 floating, production, storage and offloading unit (FPSO), in the deepwater Lula Norte area, in the pre-salt of Santos Basin offshore Brazil.The FPSO is located approximately 260 kilometers off Rio de Janeirot…

Current News

DOF Bags Two Deals in Asia-Pacific Region

DOF Bags Two Deals in Asia-Pacific Region

CNOOC Launches New Offshore Oil Development in Southern China

CNOOC Launches New Offshore Oil Development in Southern China

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

Velesto Agrees $63M Jack-Up Drilling Rig Sale with Indonesian Firm

Velesto Agrees $63M Jack-Up Drilling Rig Sale with Indonesian Firm

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