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Renewable Energy Brings 11 Million Jobs

Jun 14, 2019

According to the International Renewable Energy Agency (IRENA) eleven million people were employed in renewable energy worldwide in 2018. This compares with 10.3 million in 2017.As more and more countries manufacture, trade and install renewable energy technologies…

Cyprus Issues Arrest Warrants for Turkey Drill Ship Crew

Jun 13, 2019

Cyprus has issued arrest warrants for the crew of a Turkish drill ship anchored close to its coast for allegedly infringing territory over which the island has rights to explore for oil and gas, a foreign ministry official said on Thursday.'We can confirm that warrants were issued…

EuroAsia Still on PCI List

Jun 13, 2019

The EuroAsia Interconnector, the Israel-Cyprus-Greece electricity link remains on the official list of European projects of common interest (PCI) making it eligible to receive some €300 mln in EU grants for the Crete-Attica sector of the cable…

Book Review: Getting Down to It; 50 Years of Subsea Success in Norway

Jun 11, 2019

The Norwegian Continental Shelf’s journey from the very first basic marinized subsea trees to today’s complex and sophisticated subsea processing equipment has been a rapid, at times turbulent, but always remarkable.There are many engineers who have seen through that journey…

Damen to Showcase Capabilities for US Offshore Wind Sector

Jun 06, 2019

Damen Shipyards Group will be present at the fourth annual US Offshore Wind 2019 Conference and Exhibition on June 10-11, 2019 in Boston, Massachusetts. Damen’s attendance reflects the company’s belief in the enormous potential of offshore wind in North America…

ExxonMobil to Redevelop Angola Block 15

Jun 06, 2019

American multinational oil and gas corporation ExxonMobil and its partners said that they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum…

Hurricane Achieves First Oil at Lancaster

Jun 05, 2019

Hurricane Energy has announced first oil at its Lancaster field off Scotland, the first such success for so-called fractured basement reservoirs in Britain and a major milestone for the company within its guided schedule.Hurricane specializes…

OMSA Announces Formation of Wind Committee

Jun 04, 2019

Open to all OMSA Members, the Committee Seeks to Further the Domestic Offshore Wind Industry and the Jones Act.New Orleans, LA – Today, the Offshore Marine Service Association (OMSA) announced the formation of the OMSA Wind Committee and announced…

Luthi Steps Down as NOIA Head

Jun 03, 2019

The National Ocean Industries Association (NOIA) announced that Randall Luthi will leave the organization next month, after serving as the group’s president for nearly 10 years. Luthi will return to his home state of Wyoming to serve as Chief Energy Advisor to Wyoming Governor Mark Gordon…

Strike Would Cut Norway's Output 11%/Day

Jun 03, 2019

Norway's oil and gas output could be cut by about 440,000 barrels of oil equivalents per day, or about 11% of total production, if workers go on strike from June 4, industry association Norwegian Oil and Gas (NOG) said on Monday.A government…

Gulf of Mexico Oil Production Hits Record

Jun 03, 2019

Oil production in the US Gulf of Mexico (GoM) is poised to set new records in the imminent future, said Rystad Energy.Royal Dutch Shell started producing oil and gas this month at its Appomattox platform in the deepwater GoM several months ahead of its expected startup in 3Q 2019…

UKCS Investments On the Rise

May 31, 2019

North Sea operators and contractors are investing across people, R&D, technology and new markets to support continued growth, said a new report.The 30th Oil and Gas survey, conducted by Aberdeen & Grampian Chamber of Commerce in partnership with the Fraser of Allander Institute and KPMG UK…

Norway Oil Workers Threaten Strike

May 29, 2019

Around 200 Norwegian offshore oil and gas workers plan to go on strike on June 4 unless pay negotiations lead to a deal with employers, the Lederne labour union said on Wednesday.A strike would hit seven offshore fields and at least two of those would have to shut production…

Bumi Armada Profit Up 28.5% in Q1

May 27, 2019

Malaysia's offshore oilfield services firm Bumi Armada announced that its first-quarter net profit jumped 28.5% on-year, mainly thanks to joint ventures, lower cost of sales, and lower distribution costs.Net profit for the January-March period climbed to 62…

Microsoft, Eneco Sign Energy Pact

May 26, 2019

Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco.Eneco will provide Microsoft’s datacenters with green power for 15 years starting in 2022…

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