Offshore Energy News - page 518

 

Westwood Hires Ex-Woodmac Man to Lead Energy Transition Business

Oct 16, 2020

Energy data and intelligence company Westwood Global Energy Group (Westwood) has appointed David Linden to the newly-created role of Head of Energy Transition. Based in London, Linden joins from Wood Mackenzie, where he was a Director within the company’s energy transition consulting division…

Opinion: Boris Johnson's Offshore Wind Pledge is Positive, but Protecting UK Jobs Requires More

Oct 16, 2020

Since the outbreak of the coronavirus pandemic, some countries have announced significant spending pledges to support a green recovery. Germany leads the way with a €40 billion (£36 billion) commitment to climate-related spending. The UK government’s plans…

Q&A: Importance of Diversity in Energy Industry

Oct 15, 2020

Subsea services group Acteon has recently interviewed Laura Wood, Business Development Manager at UTEC, an Acteon company, on the subject of gender diversity in the male-dominated energy industry, and the role of women in S.T.E.M ( Science, Technology…

Rystad: UK North Sea Oil Output Will Never Again Surpass Two Million Barrels a Day

Oct 15, 2020

The recent downgrade of Hurricane Energy's Lancaster field recoverable reserves estimates has led Norwegian energy intelligence Rystad Energy to revise its expectations for the UKCS overall and say that the basin might never again hit output…

Seismic Surveys in East Med: 'Ankara Toying with Brussels'

Oct 15, 2020

The European Union's latest strategy to defuse tensions with Turkey is unraveling, two weeks after it was sealed, raising the risk of conflict in the Eastern Mediterranean, diplomats, officials and experts said.Despite an EU summit deal in the early hours of Oct…

India: Reliance Extends Transocean's Drillship Term

Oct 15, 2020

Offshore drilling contractor Transocean has won a contract extension for its Dhirubhai Deepwater KG1 drillship in India.On Wednesday, Transocean said that its client Reliance had exercised a contract extension option that should see the ultra…

OPEC+ to Make Sure Oil Prices Don't Drop Steeply Again, Barkindo Says

Oct 15, 2020

The OPEC+ alliance will ensure oil prices do not plunge steeply again when it meets to set policy at the end of November, OPEC Secretary General Mohammad Barkindo said on Thursday, adding that oil demand has been recovering slower than expected…

Maersk Supply Service Nets Mooring Line Replacement Work in Nigeria

Oct 15, 2020

Maersk Supply Service has said it has won a contract in Nigeria for one of its offshore vessels.The Danish offshore vessel owner said the contract was for the support of a mooring line replacement project on a floating asset. It did not say who the client was…

Gulf of Guinea Kidnappings by Pirates Rise 40%

Oct 15, 2020

Kidnappings rose by 40% in the Gulf of Guinea in the first nine months of this year, and the region off West Africa's coast now accounts for 95% of global maritime kidnappings, the International Maritime Bureau (IMB) said on Wednesday.Eighty seafarers were taken in the Gulf of Guinea…

Tekmar Group Names New CEO

Oct 15, 2020

Tekmar Group, a provider of offshore energy equipment and services, has appointed Alasdair MacDonald as Chief Executive Officer.Alasdair MacDonald was Chairman of Tekmar Energy, a design, engineering, and manufacturing specialist of subsea protection systems for subsea cables…

Eni CEO Should Be Acquitted in Nigeria Graft Case, Lawyer Says

Oct 15, 2020

Eni Chief Executive Claudio Descalzi should be acquitted of corruption in a legal case concerning the purchase of an oilfield in Nigeria since there is no evidence to support the charges, Descalzi's lawyer told a Milan court on Wednesday.Speaking in the court hearing…

Gallery: Heerema's Sleipnir Installs Premier Oil's Tolmount Platform in North Sea

Oct 15, 2020

Heerema Marine Contractors has completed the installation of Premier Oil's Tolmount platform in the UK North Sea, using its giant semi-submersible crane vessel, the Sleipnir.As part of the project in the Southern North Sea, Heerema installed the 2…

OKEA Gets OK to Buy Equinor's Aurora Gas Find

Oct 15, 2020

Norwegian oil and gas company OKEA has received approval to acquire offshore blocks in the North Sea in Norway containing the Aurora gas discovery.OKEA announced the agreement to buy Equinor’s 40% operated working interest in PL195 and PL195 B…

Turkey: Erdogan to Reveal Total Size of Black Sea Gas Discovery

Oct 15, 2020

Turkish President Tayyip Erdogan said on Wednesday he will announce the total size of gas reserves found in the country's largest-ever discovery when he visits a drillship in the Black Sea on Saturday.In August, Erdogan hailed the discovery of a 320 billion cubic meter (bcm) (11…

Microsoft Joins Norwegian Offshore Carbon Capture Project

Oct 15, 2020

Microsoft has signed an agreement with the Norwegian oil and gas giant Equinor to explore ways to support the Northern Lights carbon capture and storage (CCS) project which will store CO2 2,600 meters below the seabed offshore Norway.Microsoft…

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