Energy News

 

Benthic's Seabed Drilling System to Drill at Petrobras' Mero Field

Aug 20, 2020

Offshore geotechnical services company Benthic will be deploying a remotely operated seabed drilling system off Brazil, as part of a contract awarded by the Brazilian national oil company Petrobras.Petrobras has hired Benthic to carry out geotechnical…

Norway: Tax Breaks Revive Some Offshore Oil Investment Plans

Aug 20, 2020

Oil and gas investment in Norway, Western Europe's top producer, will rise more this year and decline less in 2021 than predicted a few months ago, an industry survey by the statistics office (SSB) showed on Thursday.Petroleum companies, including Equinor…

RWE Eyes Renewables Deals as Part of $8.4 B Expansion

Aug 20, 2020

Germany's largest power producer RWE plans to spend part of its 7 billion euro ($8.4 billion) war chest on growing its 24.7 gigawatt pipeline of renewables projects, its CFO said, just weeks after BP announced a major low-carbon push.'A pipeline needs to be worked on constantly…

Deme Offshore Wins 'Largest ever' Offshore Wind Inter-array Cable Order

Aug 20, 2020

Belgium-based offshore installation services company Deme Offshore will deliver and install subsea cables for the giant Dogger Bank offshore wind farm, off the North East coast of EnglandUnder a contract which Deme Offshore described as 'substantial'…

Petrobras Taps TechnipFMC for Mero 2 Subsea EPCI

Aug 20, 2020

Brazilian oil company Petrobras has awarded oilfield services provider TechnipFMC a subsea engineering, procurement, construction and installation (EPCI) scope as part Mero 2 oil field development project offshore Brazil.The Mero 2 project, sanctioned in June 2019…

Chrysaor Hires COSL Offshore Rig for Wells in Norway

Aug 19, 2020

Offshore drilling contractor COSL has signed a drilling rig contract with oil company Chrysaor, following a letter of intent signed more than a month ago.The contract is for the COSLInnovator semi-submersible drilling rig to be used for drilling of two wells in Norway next year…

Autonomous Landing System Launched for Offshore Gangways

Aug 19, 2020

Offshore gangways, motion-compensated at that, used for crew and equipment transfers from vessels to offshore oil and gas and wind installations have been around for a while.While the motion-compensation technology keeps a gangway steady for…

CNOOC 1H Profit Slumps on Virus-hit Demand, Low Oil Prices

Aug 19, 2020

China's national offshore oil and gas producer CNOOC Ltd said first-half profit slumped by nearly two-thirds to the lowest since December 2017, as the coronavirus pandemic battered energy demand and sent oil prices to historical lows.The listed…

Ampelmann Nets 3-year Contract with Brunei Shell Petroleum

Aug 19, 2020

Dutch offshore gangway provider Ampelmann has won a three-year contract with Brunei Shell Petroleum to provide two L-type gangway systems for offshore crew change operations.According to the motion-compensated gangways provider, seven years ago in 2013…

Caspian Drilling & Engineering Firm Wins More BP Work. Hires 71 Workers

Aug 19, 2020

Turan Drilling & Engineering, a Caspian region focused joint venture between KCA Deutag and SOCAR AQS Company, has employed 71 new workers to support the newly awarded contract by BP.Following a $500 million contract award last year, Turan Drilling…

Nova People Personnel for Baltic Pipe

Aug 19, 2020

Norway-based recruitment company Nova People has said it has secured a major contract as part of the Baltic Pipe Project operated by Gaz-System S.A.Baltic Pipe is a pipeline project designed to bring gas from the Norwegian offshore fields to Denmark and Poland…

Floating Wind Farms: How to Make Them the Future of Green Electricity

Aug 19, 2020

Since 2010, wind energy has seen sustained growth worldwide, with the amount of energy generated by offshore wind increasing by nearly 30% each year. Countries around the world need to ramp up renewable energy supply quickly to meet growing demand and rapidly reduce emissions…

Saipem's Giant Construction Vessel Starts Work on UK Offshore Wind Farm

Aug 19, 2020

One of the world’s largest offshore construction vessels Saipem 7000 has arrived 15km off the Fife coast to start the first phase of the offshore construction at the site of Neart na Gaoithe (NnG) offshore wind farm.Under the contract awarded in November 2019…

Maersk Training in Offshore Wind Pact with U.S. College

Aug 19, 2020

Offshore training provider Maersk Training has partnered up with Bristol Community College’s National Offshore Wind Institute (NOWI) in Massachusetts, United States.NOWI’s basic safety training modules include the areas of first aid, manual handling…

US, Norway Ink Offshore Partnership Pact

Aug 18, 2020

Two of the world’s largest offshore oil and gas producing nations have agreed to share expertise in offshore oil and gas, offshore wind energy and seabed minerals.The U.S. Department of Interior (DOI) signed a Memorandum of Understanding (MoU)…

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