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German North Sea Wind Production on the Rise

Jul 12, 2018

Offshore wind power plants in Germany's North Sea produced 5.15 percent more electricity from January to June than in the same period in 2017 at 8.17 terawatt hours (TWh), TenneT, the grid operator for the region, said on Thursday.On the day of highest capacity use…

Inpex to Ship First Ichthys LNG Cargo by End of September

Jul 11, 2018

Inpex said it expects to ship first cargo from its Ichthys liquefied natural gas (LNG) project in Australia by the end of September after safety issues have been resolved, maintaining an earlier schedule.Australian regulators had discovered…

Chevron exits Indonesia's Makassar Strait block

Jul 11, 2018

Chevron will exit the Makassar Strait gas block in the Indonesia Deepwater Development (IDD) offshore natural gas project to focus on more promising areas in the venture, Indonesian officials said on Wednesday.Indonesia's energy minister had…

ABB Wins Order for World's Biggest Offshore Wind Farm

Jul 11, 2018

ABB has won orders worth more than $150 million from Danish energy company Ørsted to supply technology to transmit wind energy from the 1,400 megawatt (MW) Hornsea Project Two, slated to be the world's largest offshore wind farm.The orders were…

Liftboat Milaha Explorer Deployed off West Africa

Jul 10, 2018

Qatar-based maritime and logistics conglomerate Milaha said its liftboat Milaha Explorer has been deployed off the coast of West Africa as part of a long-term charter with a major international oil company.Milaha’s President and CEO, Abdulrahman Essa Al-Mannai…

Fall from Grace: Batista Gets 30-Years for Corruption

Jul 05, 2018

Eike Batista, the former mining and oil magnate who was once Brazil's richest man, was convicted and sentenced to 30 years in prison for bribing Rio de Janeiro state's disgraced ex-governor, according to a court document published on Tuesday…

East China Sea Dispute: Japan Protests China Drilling Vessel

Jun 29, 2018

Japan has protested to China for allowing a gas drilling vessel to operate in disputed waters in the East China Sea, the government said on Friday. Japan and China agreed to jointly develop gas fields in the area in 2008 but talks have since stopped…

DNV GL Unveils Renewable Energy Data Platform

Jun 21, 2018

DNV GL is launching GPM Horizon, a data monitoring platform with full integration of current and future renewable energy systems including solar PV, wind and energy storage assets. GPM Horizon enables future-proof fleet management by bringing…

Lukoil, Eni Discussing Possible Swap of Mexico Licences

Jun 21, 2018

Lukoil, Russia's second biggest oil producer, is considering swapping licences with Italy's Eni in Mexico, First Deputy Chief Executive Ravil Maganov said on Thursday.In March, Eni and Lukoil won offshore exploration and production licences in the Cuenca Salina basin in Mexico…

Shell Sells $1.3 Billion of Oil and Gas Assets

Jun 20, 2018

Royal Dutch Shell announced the sale on Wednesday of oil and gas assets in Norway and Malaysia for over $1.3 billion, bringing it closer to a target of $30 billion in disposals by year-end.The Anglo-Dutch company agreed to sell to OKEA, a Norwegian…

DNV GL, EU to Promote Offshore Wind Market in Indian

Jun 19, 2018

DNV GL, the world’s largest resource of independent energy experts and certification body, is today showcasing the final reports in a study which demonstrates the commercial and technical feasibility of the offshore wind market In India.  Co-funded by the European Union (EU)…

CNOOC Developing New Deep Sea Gas Block in South China Sea

Jun 19, 2018

China's offshore oil and gas producer CNOOC has started developing a new gas field in the South China Sea, the official Xinhua News Agency reported on Tuesday.The Lingshui 17-2 gas field is the first deep sea gas block fully operated by a Chinese company…

EIA: Oil Barrel Price Steady Around $70

Jun 14, 2018

EIA expects Brent prices will average $71 per barrel in 2018 before declining to $68 per barrel in 2019.In the June 2018 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts Brent crude…

Shell Feeds Gas to Australia's New Prelude FLNG

Jun 13, 2018

Royal Dutch Shell has introduced gas to its 490 meter (1,600 ft) long Prelude floating liquefied natural gas (FLNG) unit as part of the cooling process before start-up, a spokeswoman told Reuters on Wednesday.Gas was fed to the unit from liquefied natural gas (LNG) carrier Gallina…

Johan Sverdrup Drilling Platform Installed

Jun 04, 2018

The 22,000-tonne topside for the drilling platform was lifted into position in one single lift on the Johan Sverdrup field last weekend. Equinor and the Johan Sverdrup partners are the first users in the world of this ground-breaking technology…

Current News

Optimizing Cathodic Protection Survey Using Non-contact Sensors

Optimizing Cathodic Protection Survey Using Non-contact Sensors

Into the Deep: Offshore Production Increasingly Finds Deeper Waters

Into the Deep: Offshore Production Increasingly Finds Deeper Waters

Odfjell Technology Boosts Asia Pacific Presence with New Contracts in Malaysia

Odfjell Technology Boosts Asia Pacific Presence with New Contracts in Malaysia

Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services

Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services

CNOOC Starts Production at Gas Field in Bohai Sea

CNOOC Starts Production at Gas Field in Bohai Sea

Shell In Talks to Sell Malaysia Fuel Stations to Saudi Aramco

Shell In Talks to Sell Malaysia Fuel Stations to Saudi Aramco

Unique Group Acquires Subsea Innovation

Unique Group Acquires Subsea Innovation

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