Offshore Energy News


Ward Leonard WL29BC200 AC Induction Motor

Jul 02, 2019

The Ward Leonard WL29BC200 AC induction motor is the oil and gas industry’s only 2,000 horsepower motor designed to fit into a 1,500 horsepower motor package, according to its manufacturer.At up to 19 inches smaller and 10% lighter than competing 2…

McDermott Wraps Up Reliance Campaign

Jul 02, 2019

McDermott International said it was able to mitigate impact of two cyclones en route to completing the first of two offshore campaigns for Reliance Industries Ltd. KG-D6 R-Cluster subsea field development, in the Krishna Godavari Basin, located off the East Coast of India…

KOC, Halliburton Sign Offshore Contract

Jul 02, 2019

Kuwait Oil Company (KOC) has signed a KD-181-million ($597 million) contract for offshore drilling with US field services major Halliburton.The integrated offshore drilling services contract is for six high-pressure high-temperature (HPHT) exploration wells on two jack-up rigs in the Arabian Gulf…

TechnipFMC Wins MJ1 Subsea Contract

Jul 01, 2019

TechnipFMC announced on Monday it has been awarded 'significant' subsea contracts from India's Reliance Industries to build and install flexible risers, rigid and flexible flowlines and umbilicals for the the MJ1 field located offshore India in the deepwater Krishna Godavari basin…

GulfSlope Energy Forms JV for GoM

Jul 01, 2019

GulfSlope Energy, an independent oil and natural gas exploration company, has signed a letter of intent to enter a joint venture (JV) for drilling of shallow water depth prospects in the Gulf of Mexico (GoM).The oil and natural gas company focused on exploring offshore U…

Sapura Energy Bags Multiple Contracts

Jul 01, 2019

Malaysia’s oilfield services player Sapura Energy said it has has clinched contracts worth a total of MYR 1 billion ($242 million) for several new oil patch deals and one – the company’s first – offshore wind contract.The 10 new contracts are…

Petrofac Wins HKZ Offshore Grid Project

Jul 01, 2019

TenneT, the Dutch-German transmission grid operator, has awarded the oilfield services provider Petrofac work on the Beta high voltage alternate current (HVAC) substation platform in the North Sea for the Hollandse Kust Zuid (HKZ) wind farm…

Equinor Awards Brazil Gig to Prosafe

Jul 01, 2019

Norwegian multinational energy company Equinor said that its subsidiary Equinor Brasil Energia has awarded a contract to the offshore accommodation specialist Prosafe for the Safe Concordia.As per the contract, Safe Concordia, a dynamically…

Floating Wind: French, Japanese Firms Partner

Jun 28, 2019

French floating foundations developer Ideol and Japanese renewable specialist Shizen Energy have signed an agreement to jointly develop a commercial-scale floating offshore wind project (OWF) off the coasts of Kyushu in Japan.The agreement was signed in Tokyo today by Paul de la Guérivière…

Shell, Hexcion to Develop Floating Wind Farm

Jun 27, 2019

Swedish floating wind farm designer Hexicon said it is teaming up with energy giant Shell to develop, construct and operate a floating wind farm approximately 40 kilometers offshore Ulsan.The project will be carried out under a joint development agreement signed by Shell and CoensHexicon…

Guyana's First FPSO Named Liza Destiny

Jun 27, 2019

Dutch-based global group SBM Offshore said that its FPSO, Liza Destiny, destined for ExxonMobil’s Liza field in Guyana, was named at Keppel Shipyard in Singapore.“This is a very special vessel, which will be the first to operate offshore Guyana…

TechnipFMC Resolves US and Brazil Probes

Jun 26, 2019

Oil services company TechnipFMC said it would pay $301.3 million to resolve anti-corruption probes with Brazilian and U.S. authorities, and added it was committed to resolving another probe on its affairs with French authorities.TechnipFMC said…

IPC Begins Drilling Program in Malaysia

Jun 26, 2019

The oil and gas exploration and production company International Petroleum Corporation (IPC) has commenced drilling the first well in a planned multi-well drilling program on Block PM307, located offshore Peninsular Malaysia.Canada-based IPC…

SGRE, Ørsted Firm Up Taiwan OWP Project

Jun 25, 2019

Siemens Gamesa Renewable Energy (SGRE) has received the firm order from the Danish energy company and offshore wind giant Ørsted for their 900MW Greater Changhua 1 & 2a offshore wind power project in Taiwan.The project includes the Asia-Pacific variant of the SG 8…

Yinson Gets Extension for Vietnam FPSO

Jun 25, 2019

Malaysian floater company Yinson Holdings Bhd has secured another extension of its floating production storage and offloading (FPSO) with Petrovietnam Technical Services Corp (PTSC) for operations at the Lam Son Field, offshore Vietnam.According to the second addendum to the interim contract…

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