Saturday, August 15, 2020

Offshore Energy News

Deme Offshore Joins Neptune's Hydrogen Project

Image Credit: Neptune Energy

Offshore installation contractor Deme Offshore has joined Neptune Energy's PosHYdon pilot, the world’s first offshore green hydrogen project, being developed in the Dutch North Sea.Part of the Belgian Deme Group…

Belgium: Northwester 2 Offshore Wind Farm Complete

Image Credit: Parkwind

The 219 MW Northwester 2 wind farm has been completed and is now supplying the Belgian grid electricity by all of its 23 fully operational wind turbines producing 9,5 MW each. This wind farm, owned by Parkwind…

Wood, NERA Team Up for AI-Powered Subsea Inspections

Image credit ipopba - AdobeStock

Oil and gas engineering firm Wood has teamed up with National Energy Resources Australia (NERA) to develop and deliver an AI Inspection tool for subsea oil and gas infrastructure.The companies say that the…

GMS Rejects Seafox Proposal Again

A GMS jack-up unit - Credit: GMS

Gulf Marine Services (GMS), a UAE-based owner of a fleet of jack-up service units for the offshore energy industry, has again rejected Seafox's takeover proposal and has urged its shareholders to do the same.Seafox…

IOG Taps Subsea 7 for North Sea Project SURF

Image Credit: IOG

Offshore installation company Subsea 7 has won a contract by Independent Oil and Gas (IOG) to provide Subsea, Umbilicals, Risers, and Flowlines (SURF) for Phase 1 of IOG's Core Project in the UK Southern North…

Ampelmann Makes One Millionth Offshore Transfer in Middle East

Image Credit: Ampelmann

Ampelmann, a Dutch company providing crew transfer gangways to the offshore energy industry, has said it has achieved a milestone of one million safe personnel transfers in the Middle East.The company said Wednesday that the milestone…

Reinauer Group Ramps Up for the Business of Offshore Wind

Photo: Courtesy Senesco

The promise of a vibrant U.S. offshore wind business has been long in the making. While questions remain on timing and pace, there is renewed confidence in the offshore wind sector, particularly in the northeast…

CNOOC to Trim 2020 Spending by Up To 15%

(File photo: CNOOC)

China National Offshore Oil Corp (CNOOC) will trim annual investment by 10% to 15% in 2020, while maintaining its goal of increasing domestic crude oil and natural gas production for the year, the company said in a statement on Wednesday.CNOOC Ltd…

ABS to Class Silver Eagle's New Jack-Ups

ABS, a classification services provider to the marine and offshore industries, will provide classification for a series of "highly innovative Self-Elevating Drilling Units (SEDU)" for Silver Eagle Global.Silver Eagle…

Italian Marine Cable Laying Firm to Cut Dividend

Cable Enterprise cable laying vessel. Image credit: Prysmian

Italian marine cable installation company Prysmian plans to cut the dividend by 50 percent, citing the effect of the coronavirus pandemic and its effects on the global economy.Citing the spread of the pandemic and its potential duration…

Offshore Technology Conference (OTC) 2020 Postponed

© juanjo/AdobeStock

Offshore Technology Conference 2020, one of the world's largest conferences and exhibitions dedicated to the offshore energy industry, will be postponed this year due to the coronavirus outbreak.The OTC 2020 organizers said on Friday that the conference…

TenneT Intros 2GW Offshore Grid Plans

Image: TenneT

European transmission system operator TenneT has announced plans to build two 2 GW offshore grid connections in the IJmuiden Ver wind energy area, having entered into a so-called 'innovation partnership' with…

Gulf of Mexico Lease Sale Set for March

Image: U.S. Department of the Interior

U.S. Secretary of the Interior David Bernhardt announced that the Bureau of Ocean Energy Management (BOEM) will offer over 78 million acres for a region-wide lease sale scheduled for March 18, 2020, as part…

USA Ups BOEM Offshore Wind Budget

Image: BOEM

The Trump Administration has proposed a $189m fiscal year 2021 budget for the Bureau of Ocean Energy Management (BOEM), designating just under $27m for offshore wind.The FY 2021 budget includes approximately…

Offshore Energy Outlook for 2020

Equinor’s Hywind Tampen project will use floating wind turbines to provide power to the Snorre and Gullfaks oil and gas production facilities.  (Image: Equinor)

The “new normal” is a phrase tossed around often in offshore energy circles today as those servicing and operating in the sector grapple with the harsh realities of the prolonged industry downturn. Operators…

Rever Completes North Sea Decom Project

Barry Macleod. Photo: Rever Offshore UK Limited

Subsea services provider Rever Offshore has successfully completed a North Sea infrastructure decommissioning project of the Greater Dunlin Area for Fairfield Energy.The subsea project delivery and execution…

Tekmar Wins OWP in Taiwan from Seaway 7

Image: Tekmar Energy

Tekmar Energy, a provider of protection systems for subsea cable, umbilical and flexible pipes and offshore engineering services, has secured an award in Taiwan from a repeat client Seaway 7 for wpd’s 640MW…

U.S. Needs to Revive Shallow-Water GoM E&P

Image: Bureau of Safety and Environmental Enforcement (BSEE)

The US should define the Gulf of Mexico Shallow Water Province as a distinct entity to avoid stranding more than $20 billion of its oil and gas resource, said a new research.According to a research from the…

World’s Biggest Floating Wind Turbine Readies

Image: ABS

The largest floating wind turbine in the world, an 8.4-megawatt (MW) ABS-classed offshore wind turbine, is about to be installed.ABS has classed the semi-submersible floating wind turbine is the first of three…

Offshore Wind: a Freshening Breeze?

AdobeStock_CREDIT Yauhen Suslo

July brought news about offshore wind. There was something for everyone: optimism, disappointment, and construction, too.Finally, starting with Dominion Energy’s Coastal Virginia Offshore Wind Project, a joint…