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Prysmian Bags Dolwin5 Cabling
Italian multinational corporation Prysmian Group has been awarded a major grid connection project worth in region of EUR 140 million by the Dutch-German grid operator TenneT which will enable the connection of multiple offshore wind farms to the German grid.“The Dolwin5 project continues…
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U.S. Refiner Phillips 66 Enters Offshore Oil Export Race
U.S. oil refiner Phillips 66 is proposing a deepwater crude export terminal off the U.S. Gulf Coast, challenging at least eight other projects aiming to send U.S. shale oil to world markets, according to a memo and a source who asked not to be named.The project, called Bluewater Texas Terminal LLC…
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Bourbon BoD to Analyze Restructuring Proposals
Following the submission of financial restructuring proposals subject to conditions precedent, the Board of Directors of BOURBON Corporation reviewed today the two proposals which are considered relevant to the interests of the group, its employees, its partners and its shareholders.In particular…
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BP Rig Arrives On Site Despite Protests
A BP drilling rig reached its destination in the North Sea on Wednesday after 11 days of delays due to Greenpeace protests over climate change, the activist group said.The 40,000-metric-ton Paul Loyd JNR left Cromarty Firth, north of Inverness, Scotland last Friday, after being held…
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Renewables Sector Hails New York Climate Plan
Investors, developers and users of renewable energy at an industry conference in New York this week were buzzing about the state's ambitious plan to reduce greenhouse gas emissions to zero by 2050."New York is leading a path forward with public policy that signals to the capital markets…
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Saudis: Iran Created "Very Grave" Gulf Situation
Iran has created a grave situation and jeopardized global oil supplies with its aggressive behavior, Saudi Arabia's minister…
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Further Delay in Barryroe Project Loan
Ireland's offshore Oil and gas company Providence Resources has again pushed back a deadline to receive $9mln of funding from Apec…
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Offshore wind: One-stop Power Conversion
With the United States and China about to start their respective offshore wind build-ups, grid operators wondering about…
Latest news
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Renewable Energy Brings 11 Million Jobs
According to the International Renewable Energy Agency (IRENA) eleven million people were employed in renewable energy worldwide in 2018.
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EuroAsia Still on PCI List
The EuroAsia Interconnector, the Israel-Cyprus-Greece electricity link remains on the official list of European projects…
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Book Review: Getting Down to It; 50 Years of Subsea Success in Norway
The Norwegian Continental Shelf’s journey from the very first basic marinized subsea trees to today’s complex and sophisticated…
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Damen to Showcase Capabilities for US Offshore Wind Sector
Damen Shipyards Group will be present at the fourth annual US Offshore Wind 2019 Conference and Exhibition on June 10-11…
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ExxonMobil to Redevelop Angola Block 15
American multinational oil and gas corporation ExxonMobil and its partners said that they will further invest in Block 15…
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Hurricane Achieves First Oil at Lancaster
Hurricane Energy has announced first oil at its Lancaster field off Scotland, the first such success for so-called fractured…
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OMSA Announces Formation of Wind Committee
Open to all OMSA Members, the Committee Seeks to Further the Domestic Offshore Wind Industry and the Jones Act.New Orleans…
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Luthi Steps Down as NOIA Head
The National Ocean Industries Association (NOIA) announced that Randall Luthi will leave the organization next month, after…
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Strike Would Cut Norway's Output 11%/Day
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…
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Gulf of Mexico Oil Production Hits Record
Oil production in the US Gulf of Mexico (GoM) is poised to set new records in the imminent future, said Rystad Energy.Royal…
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UKCS Investments On the Rise
North Sea operators and contractors are investing across people, R&D, technology and new markets to support continued growth…
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Vitol Builds Refinery for New Ship's Fuel
Vitol, the world's largest independent oil trader, has started building a small oil refinery at its storage terminal in Malaysia…
Exploration
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Oilfield Services Pricing Rises
Oilfield services companies are in bullish mode. They are now able to raise prices for their products and services, after…
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Delfin Asks for FLNG Project Extension
Delfin LNG LLC asked U.S. federal energy regulators for a three-year and six-month extension until March 28, 2023 to build…
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US Rig Count Climbs
U.S. energy firms increased the number of oil rigs operating for the first time in the past three weeks as U.S. crude futures…
Drilling
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Turkey to Drill Near Cyprus for Three Months
Turkey launched a second drilling ship on Thursday which will conduct natural gas operations off the northeast coast of Cyprus for three months…
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Masela Development Approval Nears
The Indonesian government is set to approve Japanese Inpex Corp's revised plan of development for the Masela natural gas block next week, the chairman
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Total Launches New Supercomputer
Energy major Total said its new supercomputer - which has propelled it to a world ranking as the most powerful computer in…
Production
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Vitol Builds Refinery for New Ship's Fuel
Vitol, the world's largest independent oil trader, has started building a small oil refinery at its storage terminal in Malaysia…
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Total Cuts 200 Jobs in Denmark
French oil major Total SA said on Thursday it would cut 200 jobs in Denmark as part of the redevelopment of the Tyra gas…
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Gazprom Neft, Zyfra to Develop Digital Products
Oil company Gazprom Neft and tech firm Zyfra agreed to set up a joint venture to work on developing digital products for…
