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Tag: Offshore

Orsted, Tepco forge alliance for Japan offshore push

Wind Energy
Danish developer Orsted and Japanese utility Tepco have formed a partnership to pursue offshore wind projects in the latter’s home market.

Aker BP to drill 15 exploration wells in 2019.

Oil & Gas
Norwegian oil company Aker BP is raising its growth ambitions on the back of what it says is a strong performance in 2018

Subsea Integration Alliance secures first project offshore Australia

Subsea Technology
Esso Australia Pty Ltd. has awarded Subsea Integration Alliance EPCIC contracts for the West Barracouta gas project offshore Australia.

Ørsted Collaborates with US Fishing Coalition on Offshore Wind

Wind Energy
Global developer of offshore wind farms Ørsted U.S. Offshore Wind has entered into a partnership agreement with Responsible Offshore Development Alliance

Equinor Makes Gas, Condensate Discovery In Norwegian Sea

Oil & Gas
Equinor said Jan. 16 the Ragnfrid North (6406/2-9 S) exploration well discovered gas and condensate in the Norwegian Sea.

Potential Of AI-powered Directional Drilling

Oil & Gas
Directional drilling is a challenging task even during the best of conditions, with many aspects described as more art than science

Despite Shutdown, BOEM Resumes Work on Offshore Drilling Plan

Oil & Gas
The Bureau of Ocean Energy Management (BOEM), the permitting agency for offshore development in federal waters

MDL, TechnipFMC conclude four projects in the North Sea

Oil & Gas
 Maritime Developments Ltd. (MDL) has completed a four-project campaign with TechnipFMC in the North Sea.

Barclays Rejects Arctic Drilling

Oil & Gas
U.K.-based international bank Barclays  announced a new energy policy that significantly restricts the bank’s financing

Norway grants record number of 83 offshore licenses

Oil & Gas
Norway granted 83 blocks to explore for petroleum resources in the Norwegian continental shelf.

Subsea 7 acquires multi-purpose offshore construction and dive support vessel

Subsea Technology
Subsea 7 has finalised the acquisition of Toisa Pegasus, a multi-purpose offshore construction and dive support vessel.

Offshore wind market to reach $50 bln by 2023

Wind Energy
The global offshore wind energy market is expected to develop over USD 49.74 billion by 2023 at an estimated CAGR of around 11.12% during the period 2017 to 2023
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