Offshore Energy News

 

Orsted Inks Taichung Lease for OWF

Feb 25, 2020

Orsted Taiwan Ltd announced that it has signed a 20-year wharf lease with Taiwan International Ports Corp (TIPC) for the development of its offshore wind farms (OWF) off Changhua County.The global offshore wind leader announced the signing of…

Fugro: Offshore Market Grows Despite Concerns

Feb 19, 2020

The offshore oil and gas market continues to grow despite geopolitical developments and concerns over reduced global economic growth, said the Dutch multinational Fugro.'The outlook across Fugro’s market segments is positive as offshore wind…

EDF Buys Stake in Irish Offshore Project

Feb 12, 2020

French electricity giant Électricité de France (EDF) is moving into the Irish energy market.EDF Renewables, a subsidiary of the French energy utility, has acquired a 50% stake in the Codling offshore wind project from Hazel Shore, a company linked to the property developer…

Coro Energy Awaits Approval on Duyung

Feb 10, 2020

Southeast Asian focused upstream company Coro Energy Plc said that Duyung PSC partners have agreed to a six-month extension for receipt of the necessary Indonesian approvals for the transfer of a 15 percent interest in the Duyung PSC offshore IndonesiaIn February 2019…

Vattenfall Steps Up Offshore Wind Market

Feb 05, 2020

Swedish multinational power company Vattenfall said that it had reached a number of important milestones during the year 2019. In Denmark the Horns Rev 3 (407 MW) wind farm was inaugurated, and construction was started on Kriegers Flak (605 MW)…

Siemens Gamesa Shines in Offshore Segment

Feb 04, 2020

Commercial activity increased significantly in the offshore segment, with order intake in the last twelve months doubling to 3,343 MW, said Siemens Gamesa Renewable Energy(SGRE)Of that figure, 1,279 MW were signed in the first quarter of FY2020 (October 2019 - December 2019)…

DeepOcean Moves UK HQ to Feethams House

Feb 03, 2020

DeepOcean, a global subsea services company, is set to move its UK headquarters to a new base in Darlington.The company specializes in engineering and marine works solutions for large subsea cable projects associated with offshore wind farms…

Japan Builds First Commercial OWF

Feb 03, 2020

After having reached financial close for offshore wind farms at Akita Port and Noshiro Port in Japan,  Akita Offshore Wind Corporation (AOW) has announced that it is to commence construction this month.The Offshore Wind Farms are comprised of…

Zenith Norway Established for Offshore Ops

Jan 31, 2020

Canadian international oil and gas production company Zenith Energy has established a Norwegian subsidiary - Zenith Norway - as a precursor to securing its first acreage off the country.  Zenith said it intends to use Zenith Norway as a vehicle…

Virginia Port Signs Pact with Ørsted

Jan 29, 2020

Danish energy giant Ørsted has entered into an agreement with the Port of Virginia to lease a portion of the Portsmouth Marine Terminal for offshore wind staging materials and equipment.According to Virginia governor's office, Orsted could use…

Europa O&G Seeks Partners to Drill Offshore Irish

Jan 23, 2020

The big Irish Atlantic oil and gas ambitions of Europa Oil & Gas Plc faced a setback as an unnamed sector ‘major’ walked away from farm-out talks Europa for three wholly-owned frontier exploration licences off Ireland.'The major has now informed the company that…

Prosafe Misses Payment to Cosco

Jan 14, 2020

The largest and most versatile fleet of semi-submersible accommodation vessels in operation worldwide Prosafe SE has missed its final payment to China’s Cosco shipyard for the Safe Notos flotel.Offshore accommodation specialist  informed last…

BP, Premier Oil in $625M North Sea Deal

Jan 07, 2020

Energy giant BP has agreed a $625m deal to sell a package of North Sea assets. Premier Oil will take over the Andrew platform and BP's controlling stake in five surrounding fields, as well as its minority stake in the Shell-operated Shearwater field…

Crew of Pacific Warden Released

Dec 25, 2019

Offshore vessel operator Swire Pacific Offshore (SPO) has informed that seven of its crew members of the Pacific Warden,  abducted in a pirate attack offshore Equatorial Guinea in November, have now been released.According to a press release…

COSCO Shipping and CNOOC Sign Pact

Dec 25, 2019

China’s largest offshore oil and gas producer China National Offshore Oil Corporation (CNOOC) and Chinese state-owned shipping and logistics giant China Ocean Shipping Company (COSCO) signed a strategic cooperation framework agreement.Capt. Xu Lirong…

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