Offshore Energy

Cable Connector for Largest Floating Wind Turbine

Subsea connector specialist First Subsea has been awarded a contract to supply a cable connector for the third phase of the Fukushima Floating Offshore Wind Farm Demonstration, offshore Japan.

OPEC to Stay the Course in 2016

Gulf delegates say OPEC won't cut supply without non-OPEC. OPEC is determined to keep pumping oil vigorously despite the resulting financial strain even on the policy's chief architect,

Saudi Aramco Seeks Drilling Cost Discounts

State-run Saudi Aramco has asked oilfield service companies to extend discounts to next year as the oil giant cuts costs amid falling oil prices, industry sources familiar with the matter said.

Need to Cut Cost for Barent Sea Development - DNV GL Study

  OG21 today received the DNV GL study of technologies that should be developed for year-round oil and gas production at 74 degrees North in the Norwegian Barents Sea.

Ship Conversion: Offshore Survey Vessel to Become a Flotel

Dutch shipowner C-Bed has contracted Wärtsilä Ship Design to supply the design for rebuilding its Seismic Survey Vessel, the Viking II, for use as a hotel vessel

BG Starts Commercial Ops from QCLNG T2

  BG Group announced today that commercial operations began from the second train at its Queensland Curtis LNG (QCLNG) plant. QGC, BG Group's Australian subsidiary,

Deepwater Downturn: Bump in the Road or Long-Term Slowing of Growth?

IMA/World Energy Reports has just completed a comprehensiveassessment of the five year outlook for the deepwater sector.  The new report – the 19th annual floater

Brazil's QGEP Says Test of Carcara Area Promising

Formation tests run in the Carcara offshore area by Brazilian oil explorer Queiroz Galvao Exploracao e Producao SA have showed results as promising as the best subsalt discoveries so far,

Tidal Energy from Deep and Slow Waters

Deep Green, an underwater kite construction from the Swedish company Minesto, is set to be deployed in 2017 at the Holyhead Deep site off the coast of Anglesey, Wales.

BG Group secures equity in Aphrodite Discovery, Offshore Cyprus

BG Group today announces it has taken a 35% holding in Block 12 offshore Cyprus which includes the Aphrodite gas discovery. This upstream position provides

OSVs: Fishing for Value

With more than 50 offshore service vessels (OSVs) laid-up in the North Sea due to less drilling, fleet owners with fisheries roots are showing signs of “going back”

High-performance Seals for Wind Power Facilities

Press release -Increasingly large facilities and ever more extreme locations are placing greater demands on seals in wind turbines. They must not only withstand

New Charges in 2012 Fatal Platform Blast

Black Elk Energy Offshore Operations LLC, Grand Isle Shipyards Inc., Wood Group PSN Inc., as well as Don Moss, 46, of Groves, Texas, Curtis Dantin, 50, of Cut-Off, La.

WRS Launch Global Managed Services Division

Global energy, maritime, construction and mining recruitment provider Worldwide Recruitment Solutions (WRS) have launched a Managed Services product across all its divisions.

Energy Industry Faces a Tough Reality -Statoil CEO

Global challenges and new opportunities in the energy market will create a turning point for the industry, says Statoil CEO Eldar Sætre at the Statoil Autumn Conference.

Noble Energy Wants BG in Cypriot Field

Noble Energy has sought approval from the Cypriot government to include Britain's BG Group in a consortium holding rights over a natural gas field in the eastern Mediterranean,

BW Offshore Suspends Dividend

BW Offshore, a builder and operator of ships that can produce and store oil offshore, suspended its dividend until outlook for the oil sector improved, it said on Monday.

Statoil Sees Unchanged 2016 Foreign Development

Oil major Statoil's activity level outside its Norwegian home base will be largely unchanged in 2016 compared to 2015, the company said on Monday. "For us, it will be more or less flat,

Statoil to Unveil Development Plans in 2016

Oil major Statoil will present development plans for its Trestakk and Alfa Central fields next year, the company's field development chief for Norway said on Monday.

Norway PM: Oil Too Low to Spur Investment

Oil prices are currently too low to spur investments sufficient to meet future energy demands, Norwegian Prime Minister Erna Solberg said on Monday. "It is difficult

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