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Danska Commodities Inks PPA with Hywind Scotland

Jun 21, 2019

Danish energy trading company Danske Commodities signed a 20-year Power Purchase Agreement (PPA) with the world’s first floating wind farm, Hywind Scotland.Hywind Scotland, the world's first commercial-scale floating wind farm, was officially opened in October 2017…

Saudis: Iran Created "Very Grave" Gulf Situation

Jun 20, 2019

Iran has created a grave situation and jeopardized global oil supplies with its aggressive behavior, Saudi Arabia's minister of state for foreign affairs said on Thursday, adding that the kingdom was consulting with allies on next steps.The…

Bourbon BoD to Analyze Restructuring Proposals

Jun 19, 2019

Following the submission of financial restructuring proposals subject to conditions precedent, the Board of Directors of BOURBON Corporation reviewed today the two proposals which are considered relevant to the interests of the group, its employees…

U.S. Refiner Phillips 66 Enters Offshore Oil Export Race

Jun 19, 2019

U.S. oil refiner Phillips 66 is proposing a deepwater crude export terminal off the U.S. Gulf Coast, challenging at least eight other projects aiming to send U.S. shale oil to world markets, according to a memo and a source who asked not to be named…

Offshore Wind – A Brief History

Jun 16, 2019

Happy 80th birthday Maritime Reporter & Engineering News!  Eighty years is a significant publishing and business accomplishment!Birthdays always cause a look back.  An 80-year review starts in 1939, the close of one very challenging decade, the start of events still reverberating today…

U.S. and Gulf Allies Face Task Protecting Oil Shipping Lanes

Jun 14, 2019

The United States and its allies may need to to start escorting commercial vessels to prevent further attacks in Gulf oil shipping lanes, Gulf sources and experts said.Even then, the conventional naval and air capabilities of Western and Gulf…

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…

Prelude FLNG Ships First LNG Cargo

Jun 11, 2019

The first shipment of liquefied natural gas (LNG) has sailed from Shell’s Prelude floating LNG (FLNG) facility offshore Australia, Shell announced Tuesday alongside its joint venture partners INPEX, KOGAS and OPIC.This shipment from the world’s largest floating producer of LNG…

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…

Sentinel Secures Commitments for Offshore Crude Terminal

Jun 05, 2019

Sentinel Midstream LLC has secured shipper commitments needed to move forward on a proposed $1 billion crude export terminal off the Texas coast, the company's chief executive said on Wednesday.The firm's Texas GulfLink project is one of eight proposed U…

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…

Uniper Sells Italian LNG Plant Stake

May 28, 2019

German energy group Uniper has concluded an agreement with Australian fund First State Investments to divest its stake in OLT Offshore liquefied natural gas (LNG) Toscana.First State Investments will acquire Uniper’s entire OLT stake. The purchase price for Uniper’s stake amounts to approx…

Qatar Awards FEED Contract to McDermott

May 28, 2019

Qatar Petroleum said it has awarded the front end engineering and design (FEED) contract for the North Field Expansion Project’s offshore pipelines and topsides facilities to McDermott Middle East Inc.The scope of work awarded includes engineering…

North Sea Oil Production May Go Down

May 17, 2019

On top of production declines in Iran and Venezuela, ongoing OPEC cuts, Urals contamination outages in Russia and maintenance in Kazakhstan, North Sea production is also struggling, Rystad Energy said.'Currently we see unplanned outages at Oseberg and Flotta with combined impact of 160…

Current News

MODEC, Carbon Clean to Advance FPSO-Mounted Carbon Capture Tech

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Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

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CDWE Wraps Up Pin Pile Installation Job for Taiwanese Offshore Wind Farm

CDWE Wraps Up Pin Pile Installation Job for Taiwanese Offshore Wind Farm

BP Expands Oil and Gas Scope in Azerbaijan with New Projects and Exploration Rights

BP Expands Oil and Gas Scope in Azerbaijan with New Projects and Exploration Rights

Azeri SOCAR Plans New Agreements with Oil and Gas Majors

Azeri SOCAR Plans New Agreements with Oil and Gas Majors

TPAO, SOCAR and BP to Ink Caspian Sea Oil and Gas Production Deal

TPAO, SOCAR and BP to Ink Caspian Sea Oil and Gas Production Deal

Fugro Lands Deepwater Gas Field Job in Southeast Asia

Fugro Lands Deepwater Gas Field Job in Southeast Asia

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