Offshore Energy

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

Norway's Rising Subsea Stars

While Norway is down (courtesy of a two-year oil and gas slump) it certainly is not out. The Norwegian maritime and subsea pedigree extends centuries, and despite a momentary bump in the aquatic road,

Well Abandonment: Horne and Wren Platform

Claxton, an Acteon company, has completed its involvement in the abandonment of two wells on the Horne and Wren Platform for Tullow Oil in the Southern North Sea.

McDermott Uses Allocate Software to Manage Global Talent

Allocate Software, a provider of offshore and maritime workforce management software, announced McDermott International Inc successfully deployed the company’s Offshore Suite,

Sparrows Group, SapuraKencana Petroleum Partner in Malaysia

Sparrows Group is set to further grow its presence in the Asian Pacific market following the formation of a partnership between Sparrows Offshore Services Pte Ltd and SapuraKencana Technology Sdn Bhd,

Statoil: Fram C East Starts Production to the Troll C Platform

A simple, smart concept and increased drilling efficiency have shaved some NOK 200 million ($24.3 mln)  off the capital expenditures of this already resilient development

Canada May Ask Far-offshore Drillers to Pay Extra

Canada may ask oil companies to contribute to the hundreds of millions of dollars or more the country has to pay to an international body if they drill far offshore,

Norway's Oil Spend to Fall Again in 2017

Drop mostly due to postponing decommissioning schemes. Investment in Norway's oil and gas sector, a cornerstone of the economy, will drop next year as weak crude

MTR100: Caley Ocean Systems

In 2016, Caley has raised the bar for dive bell handling systems, with development of 18-man and 24-man DNV classed, twin bell, saturation dive systems; and a 3m

MISC Enters Thai Offshore O&G Market

    Energy related maritime solutions and services provider MISC Berhad (MISC) has made inroads into Thailand’s offshore oil and gas market for the first time.

MTR100: Global Maritime Mooring Group

Deep Sea Mooring, Moorland & Vryhof   With the complexity and remoteness of offshore developments and the need to manage costs yet adhere to safety and asset integrity,

ConocoPhillips Hits Snag in Senegal Deepwater Stake Sale to Woodside

ConocoPhillips' plan to sell its stake in an oil find off Senegal to Woodside Petroleum hit a speed-bump on Tuesday as a junior partner attempted to buy time to

Cathelco MGPS for Latest Lamprell-built Jack-up

Cathelco will provide a marine growth prevention system (MGPS) for the latest in a series of jack-up drilling rigs to be built by Lamprell, the UAE based  leading provider of fabrication,

Szews Joins Rowan Board of Directors

Charles L. Szews has been appointed by Rowan Companies plc to the group’s board of directors, effective immediately.   Szews was recommended to the company by one of its largest shareholders,

Repsol's Yme Platform Removed from Offshore Norway

The topside of Repsol's faulty Yme oil platform was removed from the field offshore Norway on Monday, Swiss-based heavy-lift vessel owner Allseas said, a key hurdle

Oil Below $49 as Glut Outweighs Production Reduction Hopes

Brent's August rally fizzles outas U.S. crude inventories seen lower in weekly report. Oil fell below $49 a barrel on Tuesday, giving up part of August's strong rally,

Viper Subsea Wins Queen’s Award for Enterprise

Viper Subsea, an engineering firm that provides consultancy and develops products and services for the subsea oil and gas sector, said it has received The Queen’s

ROVOP to Create New Jobs on GoM Growth

Independent subsea remotely operated vehicle (ROV) service provider, ROVOP, is set to increase its Houston workforce as a result of further business growth including

Europa Update on New Offshore Ireland Licensing Options

Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration, development and production company focused on Europe provides detailed technical information

America’s First Offshore Wind Farm Completed

NOIA President Randall Luthi today issued the following statement applauding the completion of America’s first offshore wind farm:   “I congratulate Deepwater

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