News
Descalzi, el-Sisi discuss Zohr, Nooros development
Eni’s investment in its activities in Egypt reached US$2.7 billion in 2017, the company’s CEO, Claudion Descalzi noted during his meeting with Egypt’s president Abdel Fattah el-Sisi.
Scottish Govt Shaping Up Crown Estate Scotland
The Scottish Government today launched a 12-week consultation on the long term framework for the devolved management of the Crown Estate in Scotland. The Scottish Government is taking a phased approach on devolution of the management of the Crown Estate and this consultation, which will run until 29
CHC Helicopter loses Apache contract
CHC Helicopter has lost a contract with the oil company Apache in the North Sea. According to a report from BBC, Apache did not renew the contract with the helicopter operator, which accounts for less than a fifth of the company’s business. Offshore Energy Today has reached out to CHC seeking confir
Veja Mate Enters Turbine Installation Phase
The Veja Mate offshore wind farm project has entered the turbine installation phase with two of the wind farm installation vessels (WFIVs) contracted for the task currently loading the first batch of turbine components at the Port of Esbjerg in Denmark, according to Siemens. The two WFIVs tasked wit
Report: Container Fleet Market to Grow by 3.19 Pct over Five Years
The global container fleet market is expected to grow at a compound annual growth rate (CAGR) of 3.19% during the period 2017-2021, according to a report issued by Research and Markets. The report identified Danish shipping giant Maersk, French CMA CGM, Mediterranean Shipping Company (MSC) and China
Statoil to drill more exploration wells in 2017
Norwegian state-owned oil giant Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30 percent compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS), Statoil said on Wednesday. “Taking advantage of our own improvements an
Sif and Smulders Ink Norther OWF Foundation Deal
Van Oord has awarded Sif with a contract for the Norther offshore wind farm in Belgium, under which Sif will produce all 44 monopiles and a pile for the Offshore High Voltage Station (OHVS), as well as all the transition pieces (TPs) in cooperation with Smulders. For the TPs, Sif will produce the pr
Statoil to up exploration activity in 2017
Norwegian energy giant and LNG operator Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30 percent compared to 2016.
Wärtsilä to supply gas-fired power plant to Argentina
Wärtsilä of Finland has been contracted by Methax, a unit of Grupo Galieo, to supply a 40 MW smart power generation plant to Mendoza, Argentina.
Sif’s Maasvlakte 2 Operational, Innovation Picks Up Galloper Monopiles
On 2 January, the first four monopiles were loaded from Sif’s Maasvlakte 2 site onto GeoSea’s installation vessel Innovation, which has now put the first section of the new deepwater quay in Port of Rotterdam into operation as it is ready to install the second batch of foundations at the Galloper of
Oil hits 18-month highs as markets eye output cuts
Oil prices hit 18-month highs on Tuesday, the first trading day of 2017, buoyed by hopes that a deal between OPEC and other big oil exporters to cut production, which kicked in on Sunday, will drain a global supply glut.
VIDEO: Storm Urd hits Oseberg platform
The first day after Christmas in Norway was not a merry one by any means of the imagination after the extreme weather system ‘Urd’ reached hurricane strength and hit the Norwegian coast. On Monday, December 26, 2016, the storm hit several locations in the country, leaving 70,000 Norwegians without p
PGS Sees Drop in Vessel Activity
Norwegian seismic player, Petroleum Geo-Services (PGS) has seen a further vessel-activity drop in the fourth quarter of 2016. In the Q4 the vessel utilization on the contracted basis was 25 percent compared to 40 percent in the corresponding period in 2015. On the multi-client seismic basis, the ves
Dunkirk LNG terminal starts commercial operations
Dunkirk LNG, France’s fourth liquefied natural gas import terminal, located within the enclosure of the Dunkirk harbour, has started commercial operations on January 1.