Offshore

U.S. Okays ConocoPhillips Alaska LNG Exports

The U.S. Department of Energy approved ConocoPhillips' application to export about 40 billion cubic feet of natural gas from its Kenai liquefied natural gas export

Gamesa, Siemens Negotiating Wind Merger Terms

German engineering group Siemens and Spanish renewable energy group Gamesa are in final negotiations on a deal to merge their wind power assets, two sources familiar

Maersk Writes Down Oil Assets

Writedown pushes company into red in fourth quarter; 2016 profit to fall short of previous year. Denmark's A.P. Moller-Maersk tumbled to a loss of $2.5 billion

Oil Rises, API Adjust U.S. Crude Stock Report

Russia's Sechin floats idea of oil output cuts; API reports lower-than-expected rise in U.S. crude stocks. Oil rose on Wednesday, after having posted its third-biggest

Russia's Sechin's Output Question: Who is going to cut?

The head of Russian oil major Rosneft, Igor Sechin, when asked if world oil exporters could reach consensus on cutting crude production, responded on Wednesday

Aker Joins Johan Sverdrup Phase 2 Study

Aker Solutions will deliver a concept study on a new processing platform for future phases of the Statoil-operated Johan Sverdrup North Sea field, Norway's largest oil find in three decades.

MTS Assists Damen in Maersk Connector Sea Trials

Leading marine service provider, Marine and Towage Services Group Ltd. (MTS) has supported shipbuilder Damen during sea trials of its latest offshore cabling vessel, Maersk Connector.

OTC Names 2016 Award Winners

The 2016 Offshore Technology Conference (OTC) will honor this year’s Distinguished Achievement Award recipients on Tuesday, 3 May, in Houston.   As part of the

JFD Wins Lifeboat Design Contract for Flash Tekk

JFD, part of James Fisher and Sons plc, announced that it has won a contract with Singaporean company Flash Tekk Engineering for the design and manufacture of up

Engie Sheds North Sea Oilfield Stake

France's Engie has sold a 20-percent stake in a North Sea oilfield for an undisclosed sum to Wellesley Petroleum, a Norwegian oil firm with private equity backing, it said on Tuesday.

Gazprom Neft: Arctic Oil Supply Deal Signed

Gazprom Neft, the oil arm of Russian gas giant Gazprom, said on Tuesday it had prolonged a deal to supply oil from the Prirazlomnoye Arctic oil field with an unnamed international firm in 2016.

Oil Eases as Oversupply Impacts Markets

U.S. oil rises 2 pct despite oversupply; surplus conditions to keep gains in check. Oil prices eased on Tuesday, dragged lower by a broad decline across major

Vestas Contracts Point to Strong 2016

Denmark's Vestas beat forecasts with record orders for new wind turbines last year, signalling continued strong demand for renewable energy despite a plunge in fossil fuel prices.

West African Crude Under Pressure in Quiet Trading

Physical trading of West African oil started slowly this week, with pending tenders and industry events in London forestalling most new physical deals. More

Wärtsilä's' BWMS for New Crane Ship Design

A new crane ship designed by Netherlands based Royal IHC, a global leader in offshore, dredging and mining vessels, will feature the Wärtsilä Aquarius UV Ballast Water Management System (BWMS).

Technip Scores GoM Subsea Prize

Technip has been awarded a lump sum contract by Deep Gulf Energy III, LLC (“DGE”) for the development of the South Santa Cruz and Barataria fields. These ultra-deepwater

Wood Group Extends North Sea Chevron Contract

Wood Group has secured an extension to continue to support Chevron Upstream Europe across four offshore assets in the North Sea. Wood Group PSN (WGPSN) will deliver

QP, Chevron Ink Offshore Moroccan Deal

Qatar Petroleum has reached an agreement with Chevron Morocco Exploration Ltd., a subsidiary of Chevron Corporation, to acquire a 30% participating interest from

UTEC Appoints New Head of Finance

UTEC Survey, an Acteon company, has announced the appointment of Caroline McGovern as its new Head of Finance.    Before joining UTEC, Caroline was the CFO for

ALMACO Wins Statoil Order for 450 Cabins

ALMACO Group was awarded the contract to build 450 NORSOK-compliant Modular Cabins for Statoil’s Johan Sverdrup fixed platform at Apply Leirvik’s yard in Stord, Norway.

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