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Offshore Energy News

 

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…

Hess Has No Plans to Sell Remaining Asian Assets

Sep 25, 2018

U.S. oil producer Hess Corp has no intention to sell its assets in Asia as the region provides good, steady cash flow and a stable political environment, a senior company executive told Reuters on Tuesday.While the company sold assets in Thailand…

Lundin Petroleum Says Arctic Oil Test Points to Bigger Reservoir

Sep 25, 2018

Swedish oil firm Lundin Petroleum expects to increase its resource estimate for the Alta discovery in Norway's Arctic region following a successful two-month production test.Finding significant oil reserves in the Norwegian Arctic has been challenging for oil firms…

Smarter Energy Policy Will Broaden Offshore Recovery

Sep 25, 2018

For the past few years, depressed commodity prices, stricter regulatory requirements and competition from onshore development at home and from other countries offering attractive offshore lease and royalty terms have had severe impacts on new exploration in the U…

Big Oil Readies Brazil Offshore Bets

Sep 24, 2018

Exxon Mobil Corp , Royal Dutch Shell Plc and other companies will gather on Friday in possibly their last crack at Brazil's coveted offshore oil for another four years, as a wide-open election spurs fears about barriers to foreign investment…

New Service for Offshore Blade Inspections

Sep 24, 2018

WTG blade assessments are usually costly and time consuming. EWPL Ocean aggregates tasks and wind turbines in scope for blade assessment into its service train and can offer this service at an attractive price, with no weather risk.ESVAGT said it has joined forces with Wind Power Lab…

CNOOC Becomes China’s First OPITO Approved Safety Trainer

Sep 24, 2018

The largest producer of offshore crude oil and natural gas in China, the China National Offshore Oil Corporation (CNOOC), has become the country’s first organization certified to train workers to OPITO safety standards.Its safety training facility…

Rowan Norway Awarded Turkish Petroluem Contract

Sep 24, 2018

Rowan Companies plc announced that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig, has been awarded a two-well contract in the Mediterranean Sea by Turkish Petroleum with an estimated duration 100-140 days. The contract is expected to commence in late 2018…

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Sunda Energy, Timor-Leste Gov Plan Accelerated Chuditch Gas Development

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