Offshore Energy News

 

2H Offshore Opens Paris Office

Jun 04, 2019

2H Offshore, a riser and conductor specialist in subsea services group Acteon, announced it has opened a new regional office in Paris, France, to provide a direct and higher-quality service to operators and contractors based in and around Paris and to other clients throughout Continental Europe…

Moray Offshore Open to OWF

Jun 04, 2019

Moray Offshore Renewables Ltd (MORL), which is established to develop offshore wind generation,  has announced intention to open consultation on the development of offshore wind on the remainder of its zone in the Outer Moray Firth.In 2010,…

Luthi Steps Down as NOIA Head

Jun 03, 2019

The National Ocean Industries Association (NOIA) announced that Randall Luthi will leave the organization next month, after serving as the group’s president for nearly 10 years. Luthi will return to his home state of Wyoming to serve as Chief Energy Advisor to Wyoming Governor Mark Gordon…

Polarcus Scores Wide-azimuth Project

Jun 03, 2019

UAE based marine geophysical company Polarcus announced on Monday that it has been awarded a wide-azimuth project to be acquired in the Americas.Polarcus Naila and Polarcus Adira will perform the acquisition, and the project is expected to commence…

Ampelmann Scores W2W Contract in Norway

Jun 03, 2019

Dutch offshore service provider Ampelmann said it has secured a contract with DeepOcean to support the hook-up and commissioning of the Valhall Flank West (VFW) project, operated by Aker BP.An E-type system will support the Normand Jarstein…

Strike Would Cut Norway's Output 11%/Day

Jun 03, 2019

Norway's oil and gas output could be cut by about 440,000 barrels of oil equivalents per day, or about 11% of total production, if workers go on strike from June 4, industry association Norwegian Oil and Gas (NOG) said on Monday.A government…

Beatrice OWF Hits Output Record

Jun 03, 2019

Beatrice Offshore Windfarm Ltd (BOWL) said that its  offshore wind farm (OWF) in the Moray Firth has produced 587.9MW of capacity, which represents the highest output from renewable sources in Scotland to date.Turbines at the windfarm this week reached their capacity of 588 megawatts…

Gulf of Mexico Oil Production Hits Record

Jun 03, 2019

Oil production in the US Gulf of Mexico (GoM) is poised to set new records in the imminent future, said Rystad Energy.Royal Dutch Shell started producing oil and gas this month at its Appomattox platform in the deepwater GoM several months ahead of its expected startup in 3Q 2019…

UKCS Investments On the Rise

May 31, 2019

North Sea operators and contractors are investing across people, R&D, technology and new markets to support continued growth, said a new report.The 30th Oil and Gas survey, conducted by Aberdeen & Grampian Chamber of Commerce in partnership with the Fraser of Allander Institute and KPMG UK…

16 GW Floating Offshore Wind by 2030

May 31, 2019

More than 16 GW of floating offshore wind to be installed globally by 2030, said a new report. There are more than 1.4 GW of offshore wind auctions Planned in 2019 following a strong showing of 3.3 GW in 2018.Quest Floating Wind Energy‘s latest…

Offshore Decom Market to Reach $9.5 Bln by 2027

May 31, 2019

The global offshore decommissioning market, valued at $ 5.96 billion in 2018, is projected to exhibit a CAGR of 5.4% through 2027, in terms of revenue.Crude oil prices coupled with declining production from rising number of maturing oil and…

Rhode Island Approves Power Deal for New OWF

May 30, 2019

The developers of a new offshore wind farm Ørsted U.S. Offshore Wind and Eversource said that their power contract has been approved by Rhode Island regulators.'Rhode Island regulators has approved a 20-year power-purchase agreement with DWW Rev I…

Wood Wins Jansz-lo Subsea Compression FEED

May 29, 2019

Wood announced on Wednesday that it has secured a contract with Chevron Australia to provide subsea integration and flow assurance front-end engineering design (FEED) services for the Jansz-lo compression project offshore Western Australia.The…

Norway Oil Workers Threaten Strike

May 29, 2019

Around 200 Norwegian offshore oil and gas workers plan to go on strike on June 4 unless pay negotiations lead to a deal with employers, the Lederne labour union said on Wednesday.A strike would hit seven offshore fields and at least two of those would have to shut production…

Global OWP Market to Grow 18% by 2023

May 29, 2019

Global offshore wind power market size will grow by over USD 17 billion during 2019-2023, at a CAGR close to 18%, said Technavio report.Due to rapid urbanization and industrialization across the world, there has been significant growth in the global demand for electricity…

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