Offshore Energy

US Proposes Allowing Oil, Gas Drilling off Atlantic Coast

The Obama administration on Tuesday proposed allowing for the first time oil and gas exploration in a wide swath of U.S. waters off the Atlantic Coast.   The

Hooker, Marschner Join CWind Sales Team

CWind has appointed Ben Hooker as Sales Manager U.K. and Stefan Marschner as Sales Manager Germany.   Hooker and Marschner will play key roles in developing CWind’s

NOIA: Draft Offshore Lease Program Both Hits and Misses

National Ocean Industries Association (NOIA) President Randall Luthi issued a statement on the 2017-2022 Draft Proposed OCS Oil and Gas Leasing Program, stating the U.

U.S. Proposes Opening Atlantic in 5 yr Oil, Gas Drilling Plan

The Obama administration on Tuesday said it was contemplating allowing oil and gas exploration off the Atlantic Coast and would seek public comment on whether such

Spotlight to Shine on Technology at Subsea Expo

New technologies and how their implementation can boost or support oil and gas exploration production will be brought to the fore at this year’s Subsea Expo.   For the first time,

Nyhamna Gas Plant Capacity Cut on Tuesday

Natural gas production capacity at Norway's Nyhamna gas processing plant was reduced by 10 million cubic metres (mcm) per day on Tuesday due to "process problems", gas system operator Gassco said.

Factors Driving 2015 U.S. Oil Output

Rig counts are a highly imperfect guide to future oil production but they are one of the few readily available statistics on oilfield activity so it is unwise to dismiss their importance entirely.

Brent Rebounds, Dollar Weakens Against euro

Euro rises against dollar; U.S. crude stockpiles likely rose last week, but oil may have hit bottom, could rise soon, says OPEC's Badri. * Coming up: API weekly

Gas Alarm Shutters Norway's Snoehvit LNG Plant

Production at Norway's Snoehvit liquefied natural gas (LNG) plant was stopped on Tuesday due to a gas leak and the duration of the outage was unknown, operator Statoil said.

Jee to Discuss Cable Solutions at Wave & Tidal Conference

Jee Ltd. will share its experience in the field of offshore renewables and marine energy at the annual Wave & Tidal 2015 conference and exhibition next month.    Drawing

Power Jacks to Unveil Suite of Subsea Precision Tools

Power Jacks is set to launch a suite of subsea electro-mechanical actuators and gearboxes for the oil and gas industry. Power Jacks’ integrated U-Series range

Ennsub Completes Sealing Work on LNG Platform

Ennsub has completed the design, manufacture, testing and installation of bespoke sealing systems for the Wheatstone Liquefied Natural Gas (LNG) platform off the coast of Australia.

Brent Up as OPEC Calls Market Bottom

OPEC secretary-general thinks prices may have reached a bottom; Saudi King Salman pledges continuity in energy policies. Oil prices turned positive on Monday,

Singapore Oilfield Firms Struggle to Refinance Debt

Swiber, Ezra bond trades show concerns on refinancing; bond, equity markets' volatility may push firms to pvt placement. By Rujun Shen SINGAPORE, Jan 26 (Reuters)

Rosneft's 400 bln Rouble Bonds will Finance Production

Russian oil company Rosneft said on Monday that it had placed bonds worth 400 billion roubles ($6.09 billion) to finance its production programme. "The placement

Offshore Users Benefit from SACS Project Files

  Distributed offshore engineering users of SACS V5.7 are benefiting from the extended information mobility provided through the software’s integration with the

World's Largest Ship Sparks Outrage

 Jewish groups in the Netherlands and Britain have reacted with rage and despair at the arrival in Rotterdam of the world's biggest ship, the Pieter Schelte, named

Hofste, Montijn Nominated to Supervisory Board Fugro

  Fugro N.V. announces that the Supervisory Board of Fugro nominates Mrs. P.H.M. Hofsté and Mrs. A.H. Montijn for appointment as members of the Supervisory Board

Technip Certified to EDGE Standard

  Technip and EDGE Certified Foundation announce today that Technip in Brazil, in France and in Italy, including flexible pipe manufacturing plants in Brazil and France and Group’s headquarters,

Genel Energy Trading & Operations Update

  Genel Energy plc issues the following trading and operations update in advance of the Company's full-year 2014 results, which are scheduled for release on 5 March 2015.

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