Knowing where you are and staying there within a certain degree of accuracy is no longer just a luxury but a necessity in offshore installation and maintenance work. The ability to get men and equipment onto wind turbine installation as and when required during installation or during operation for m
Chevron’s US$54 billion Gorgon project on Barrow Island is close to restarting liquefied natural gas production after a “minor gas leak” halted production at the beginning of the month.
Almost half of the foundations have already been laid at the 350MW Wikinger wind farm, which is being built in German waters of the Baltic Sea, Iberdrola reported today as part of its results for the first half of the year. Iberdrola’s Renewables business unit recorded an EBITDA of EUR 836.5 million
Halliburton, one of the world’s largest oilfield services providers, on Wednesday posted a loss for the second quarter of 2016, compared to a year-earlier profit, impacted by a failed merger with its rival Baker Hughes. The company swung to a $3.21 billion loss in the second quarter of 2016, versus
Total of France responded to a competing offer made by the U.S.-based energy giant ExxonMobil to acquire InterOil Corporation.
Mexico has launched the first call for the upcoming Round 2 bidding round, covering 15 offshore blocks, to be held in the first quarter of 2017. Successful bidders for the blocks located in shallow water of the Gulf of Mexico will sign a production sharing contract for 30 years with two possible ext
The failed military coup will not delay Turkey’s plans to construct a 48-kilometer ship canal, the Kanal Istanbul, which would serve as a by-pass for the Bosporus Strait, the country’s president Recep Tayyip Erdogan was quoted by Platts as saying. Back in April, the Turkish parliament adopted new le
Hawaiian Electric Companies withdrew its application for the approval of its LNG supply deal with Fortis Hawaii Energy, following the Hawaii Public Utilities Commission’s dismissal of the company’s merger with NextEra.
European renewable associations have issued a joint statement saying legislative proposals must now deliver on the binding renewable energy target. In October 2014, 28 EU Heads of State agreed that a binding target for renewables should be set at the EU level to meet their collective climate and ene
The new German Renewable Energy Sources Act (EEG) means troubled waters for the German offshore wind industry, according to a press release jointly issued by AGOW (Arbeitsgemeinschaft Offshore-Windenergie), Stiftung OFFSHORE-WINDENERGIE, VDMA Power Systems, BWE (Bundesverband WindEnergie) and WAB. T
Vroon has held a naming ceremony for its newbuild platform supply vessel (PSV), VOS Passion, at Cosco Shipyard in Guangdong, China. Vroon said that the ceremony was held on Monday and the vessel was christened by Mireille Vroon, wife of Vroon Group Managing Director, Coco Vroon. VOS Passion, a PX121
Russian oil company Lukoil has put into service three ice-class vessels in support of its Caspian Sea oil and gas activities. The vessels Bumi Uray, Bumi Pokachi and Bumi Naryan-Mar, delivered by Bumi Armada, will be used at the Vladimir Filanovsky field in the Caspian Sea. According to Lukoil, Bumi
A worker has died in an accident at Hyundai Heavy Industries’ yard in Ulsan, South Korea while working on Statoil’s Aasta Hansteen project. According to Offshore.no, a Norwegian-language news website that quoted Stavanger’s Aftenblad, the worker was not employed by Statoil but worked for Hyundai on
Total SA is unlikely to take on ExxonMobil in a bidding war for explorer InterOil Corp, the French giant’s partner in a rich gas field in Papua New Guinea, analysts said on Wednesday.
