Offshore Energy News


Festive Season Subsea Contracts for DeepOcean

Dec 25, 2012

Within days of eachother Deep Ocean secures subsea offshore contracts in Australia, and in the North Sea.North Sea Contract:DeepOcean UK, Ltd., a subsidiary of DeepOcean Group Holding BV, contracted by Statoil AS for the installation and…

HIgh LNG Freight Rates Possibly Short-term

Dec 23, 2012

Market analysis suggests winter demand could cause LNG freight rates to rise but downward pressure might later be forthcoming.Rising LNG prices, almost stagnant liquefaction capacity amid expanding regasification capacity and development…

Drilling Rig Status Update from Rowan

Dec 23, 2012

Rowan Companies plc gives an update on notable events. EXL I:  Changed day rate to mid $220s (previously mid $210s) due to amortization adjustment. J.P. Bussell:  Rig is expected to be off rate for five days in 1Q 2013. Scooter…

Deepwater Drillship Package Order for Aker

Dec 21, 2012

Aker Solutions to supply a complete drilling equipment package for a deepwater drillship Jurong Shipyard is building for the Brazilian market.On 25 August 2012 Aker Solutions announced a contract to supply six drilling equipment packages to Jurong Shipyard…

Atwood Gets Jack-up Rig Contract Extension

Dec 21, 2012

An Atwood Oceanics, Inc. subsidiary awarded year's contract extension by Salamander Energy for the jackup 'Atwood Mako'.The extension is priced at a day rate of $155,000 and begins September 9, 2013. The Atwood Mako commenced its initial…

German Offshore Wind Farm: Iberdrola Chooses Areva Turbines

Dec 20, 2012

Iberdrola chooses Areva Wind as preferred supplier for its Wikinger Offshore Wind Farm in German waters.Under the terms of the agreement, with construction scheduled for 2016 and 2017, Areva Wind will support Iberdrola on foundation and tower design optimization…

BOEM: Potential Research Lease Offshore Virginia

Dec 20, 2012

The Bureau of Ocean Energy Management (BOEM) received an unsolicited request for a research lease in the Wind Energy Area (WEA) off Virginia identified for commercial wind leasing. The research would inform future renewable energy production within and around the WEA off Virginia…

Scana Subsea Wins Riser Material Contract

Dec 19, 2012

Scana Industrier ASA - Scana Subsea awarded riser material contract for North Sea and Australia operations.Scana Industrier ASA has through its subsidiary Scana Subsea, been awarded a contract to deliver machined riser forgings to a non-disclosed customer…

Pacific Drilling Extends Utra-Deepwater Drillship Option

Dec 19, 2012

Pacific Drilling S.A. agrees with Samsung Heavy Industries to extend an option to construct an eighth ultra-deepwater drillship.The contractual option has been extended until January 18, 2013, on the same commercial terms, including delivery scheduled for the first quarter of 2015…

Australian Offshore LNG Project Chooses Intergraph Software

Dec 19, 2012

Intergraph® SmartPlant® Enterprise selected by operator, Inpex, to manage information for mega-project, Ichthys LNG.Inpex has implemented SmartPlant Enterprise solutions for the Ichthys LNG Project, including SmartPlant Enterprise for Owner Operators (SPO) as its information management system…

Indian FPSO Finance Secured by Malaysian Operator

Dec 19, 2012

Bumi Armada Berhad secures syndicated Indian banks term loan facilities of up to US$276.4-million for FPSO 'Armada Sterling'.Malaysia-based international offshore oil and gas services provider, company Bumi Armada Berhad announced today that its jointly controlled entity…

European Commission Finances Renewable Energy Projects

Dec 18, 2012

The Commission has awarded over €1.2 billion to 23 innovative renewable energy technology (RES) projects. The projects cover a wide range of renewable energy technologies from bioenergy (including advanced biofuels), concentrated solar power and geothermal power to wind power…

Subsea South Africa ExxonMobile Exploration

Dec 18, 2012

Exxon Mobil Corporation affiliate ExxonMobil Exploration & Production South Africa Limited, soon to start search for oil & gas deposits.The Tugela South Exploration Right covers approximately 2.8 million acres offshore Durban on the east…

Gulf of Mexico Pipeline Contract for Technip

Dec 18, 2012

Technip wins Discovery System lump sum pipeline installation contract for Discovery’s South Timbalier Block 283 Junction Platform project. David Dickson, Technip’s Senior Vice President, North America Region, declared: “This award is the…

Transocean Fleet Update Summary

Dec 17, 2012

Transocean's fleet update summary includes new contracts, significant changes to existing contracts, and changes in estimated OofS time.The value of new contracts or extensions since the November 18, 2012 fleet update summary is approximately US$119=million…

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