Offshore Energy

Ensco plc Reports 3Q, 2014 Results

  Ensco plc  today reported earnings per share from continuing operations of $1.93 in third quarter 2014, up 16% from $1.66 in third quarter 2013. Adjusted for a $0.

Fukushima Experimental Offshore Floating Wind Farm Project Update

A consortium comprised of Marubeni (project integrator), the University of Tokyo (technical advisor), Mitsubishi, Mitsubishi Heavy Industries, Japan Marine United,

Marine Renewable Energy Testing Facility in Singapore Mooted

  ClassNK has launched of a feasibility study for a new marine renewable energy testing facility to be built in Singapore. The announcement was made at the 2014

Partners Deliver Modular Floating Tidal Energy Platform

A group of offshore companies, including Bluewater, Damen and Van Oord among others, has partnered for a floating tidal energy platform a project to generate clean electricity,

Statoil Invests $1.5b in US Offshore Project

Statoil together with co-owners in the Stampede development in the Gulf of Mexicohas sanctioned the Stampede project in the U.S. Gulf of Mexico. Statoil said it will invest $1.

SUGAR’ EU Project - New Environmental Monitoring Solution

Kongsberg Maritime Embient, with Kongsberg partner company Contros Systems and Solutions, has been selected to develop and deliver technologies and strategies for

Experimental Floating Wind Farm Nears Installation

Launched in March 2012, the Fukushima experimental offshore floating wind farm project sponsored by the Ministry of Economy, Trade and Industry is nearing the installation

NAO Announces Financials, Declares Dividend

Nordic American Offshore Ltd. has declared a dividend of $0.45 per share for 3Q2014, as previously announced. This is the same dividend as for the previous two quarters.

National Oilwell Profit Up on Rig Systems

National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a 10 percent rise in quarterly profit as its rig systems business readied more oil and gas wells for production.

Nigeria Kidnappers free German National

Nigerian gunmen have freed a German citizen working for construction firm Julius Berger less than a week after they kidnapped him and killed another German citizen in a raid on their vehicles,

Russia to Seize Bashneft Shares

Russia moved to seize shares in Bashneft from a billionaire businessman on Thursday over what a court said was the oil producer's "improper privatisation", deepening

ConocoPhillips Sheds Nigeria Asset, 3Q Profit Up

ConocoPhillips, the largest U.S. independent oil company, reported higher third-quarter profit on Thursday, lifted by the sale of its Nigerian business. Over the last several years,

First Libra Offshore Oil Well Confirms Discovery

  Libra consortium reports that drilling the first well in the area extension of Libra, the 3-BRSA-1255-RJS (3-RJS-731), confirmed the discovery of good quality

Maersk Interceptor Named in Norway

  In a ceremony held at GMC Marine Partners yard in Mekjarvik in Norway, Mrs. Anita Utseth, Senior Vice President in Det norske oljeselskab ASA (Det norske) had

Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry,

WindSentinel Survives Major Storm off Portugal

AXYS Technologies Inc (AXYS) said that the EDP Inovação (EDPi)  WindSentinel floating LiDAR system has survived a major storm that ravaged  the coast of Portgual near Viana do Castelo on October 16,

CSC Launches Gas Storage Integrity Management Team

UK-based Chesterfield Special Cylinders (CSC) has launched a new integrity management team to work with owners and operators of high pressure gas storage vessels as installed in rigs and ships,

Greece, Egypt, Cyprus Urge Turkey to Quit Gas Search Off Island

The governments of Egypt, Greece and Cyprus urged Turkey on Wednesday to stop trying to chart gas deposits in areas of the east Mediterranean claimed by Cyprus, saying the work was illegal.

Myanmar to Auction Oil and Gas Blocks for Exploration Next Year

Myanmar will auction nine offshore oil and gas blocks for exploration next year, an official from state-owned Myanmar Oil and Gas Enterprise (MOGE) said on Tuesday.

SMC to Provide Marine Coordination for Siemens

Specialist Marine Consultants Ltd (SMC) have been working with Siemens, providing offshore marine coordination for a fifth Siemens Wind Power construction project.

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