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Offshore Energy News

 

Petrobras to Resume Building Its Own Platforms

Sep 27, 2018

Brazil's Petroleo Brasileiro SA will build its own oil platforms again from 2023, regardless of who wins the presidential election next month, an executive at the state-run oil company said.Petrobras' 2019-2023 business plan, set to be released in December…

DNV GL to Certify TenneT Offshore Power Substations

Sep 26, 2018

DNV GL, the world’s largest resource of independent energy experts and certification body, has been contracted by Transmission System Operator TenneT to deliver the complete project certification for two offshore substations (OSS) for the Hollandse…

OMM Calls EU, UK for Talk on Offshore Wind Firms

Sep 26, 2018

Leading specialist marine contractor, Offshore Marine Management (OMM) is calling on companies and associations from across the EU to engage with UK businesses and to have that tough conversation on the future of the industry beyond Brexit.The…

Shell Sees Peak Output for Brazil's Lula Field in 2020, 2021

Sep 26, 2018

Brazil's most productive field, the Lula, located in the offshore Santos basin, should hit peak production in 2020 or 2021, after reaching 1 million barrels of oil equivalent per day next year, an executive at Royal Dutch Shell said on Wednesday…

Oil Eases, but Iran Sanctions Keep Prices Well Above $80 a Barrel

Sep 26, 2018

Oil prices eased on Wednesday but were still heading for a fifth consecutive quarter of gains, driven by an impending drop in Iranian exports in the last three months of the year when global demand heats up.Brent crude futures were last down 49 cents on the day at $81…

Total Oil Workers in N. Sea Accept Pay Offer, Cancel Future Strikes

Sep 26, 2018

* The UK's largest union Unite the Union said that offshore oil workers at three of Total's North Sea platforms had accepted a pay offer from the company* The workers have called off future strikes, a union statement said* The workers went on a series of 12 and 24-hour strikes in July and August…

Aker Solutions, Equinor Strengthen Collaboration

Sep 26, 2018

Aker Solutions has signed a strategic, global collaboration agreement with Equinor to ensure mutual and continuous improvement on current and future subsea projects within the domains of safety, quality, technology, execution and cost.'Aker…

EXCEED Developments Reflect Bullish Growth Strategy

Sep 26, 2018

Aberdeen-headquartered well management and performance improvement specialist EXCEED Energy has underlined its continued global expansion with a number of significant contract wins, prompting a key appointment and a move into new premises.Recent…

Total Buys out Chevron Denmark

Sep 25, 2018

French oil and gas major Total has agreed to take all of Chevron’s share capital in the Danish Underground Consortium (DUC), which will increase its stake in the project and expand its North Sea presence.'Total has agreed to purchase from Chevron all the share capital of Chevron Denmark Inc…

Total Sees Cash Flow, Output Boost from Deepwater Projects

Sep 25, 2018

Oil and gas major Total said on Tuesday it expected deepwater oil and gas operations to make a strong contribution to its output and cash flow thanks to major developments in the West Africa's Gulf of Guinea region, Brazil and U.S. Gulf area…

Jumbo to Transport, Install FSRU Mooring System

Sep 25, 2018

Jumbo has been awarded the transportation and Installation of a FSRU Mooring System including riser and umbilical, off the coast of Aracaju, Sergipe.Jumbo’s Offshore division was awarded the contract by Sapura to perform the transportation and…

Guyana Puts Oil Auctions on Hold

Sep 25, 2018

Guyana has put planned oil auctions on hold as the impoverished South American country works to establish a Department of Energy to oversee the energy boom, Minister of State Joseph Harmon said on Monday.Since 1999, Guyana has awarded a group…

Marine Survey Work Starts for Greenlink Interconnector

Sep 25, 2018

The subsea field work for the Greenlink interconnector, one of Europe’s most important infrastructure projects, gets under way with the launch of the first of MMT’s survey vessels, MV Franklin.The offshore and nearshore surveying along the proposed…

Total Buys Chevron's Interest in Danish Underground Consortium

Sep 25, 2018

French oil and gas major Total said it has agreed to take all of Chevron's share capital in the Danish Underground Consortium (DUC), which will increase its stake in the project and expand its North Sea presence.The acquisition comes a day after…

Alpha Completes Record Number of Blade Inspections

Sep 25, 2018

Alpha Offshore Service reports it has completing more than 4,000 offshore wind turbine blade inspections to date in 2018, a company record. This is an increase of 56 percent compared to 2017, which was previously its most productive period.The…

Current News

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Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Petrovietnam, Petronas Extend PSC for Offshore Block

Petrovietnam, Petronas Extend PSC for Offshore Block

Sapura Energy Scoops Close to $9M for O&M Work off Malaysia

Sapura Energy Scoops Close to $9M for O&M Work off Malaysia

Hanwha Ocean Marks Entry into Deepwater Drilling Market with First Drillship

Hanwha Ocean Marks Entry into Deepwater Drilling Market with First Drillship

Borr Drilling Bags Three New Assignments for its Jack-Up Drilling Rigs

Borr Drilling Bags Three New Assignments for its Jack-Up Drilling Rigs

Eneos Scoops Jack-Up Drilling Contract Offshore Vietnam

Eneos Scoops Jack-Up Drilling Contract Offshore Vietnam

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Xi Lula intensify their meetings to strengthen China-Brazil ties and look towards Trump
As the week winds down, US bond yields are rising and the dollar is falling.
White House warns that Iran will face a 'hell-to-pay' if it develops nuclear weapons
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