Offshore News, Offshore Engineer Magazine
3 days ago · Offshore oil and gas news, LNG, shale, exploration, operations and production
Latest News - OEDigital.com
Oslo-listed offshore drilling firm Dolphin Drilling has announced positive outcome in the arbitration case with General Hydrocarbons Limited (GHL) over the termination contract for Blackford Dolphin semi-submersible rig that was hired for operations offshore Nigeria.In Apriil 2024, Dolphin Drilling terminated the contract with GHL for the Blackford …
Offshore Engineering News - OEDigital.com
Dec 10, 2024 · China’s Mingyang Smart Energy has put into operation what’s said to be the world’s largest single capacity floating wind platform, rated at 16.6 MW, at Qingzhou IV offshore wind farm in South China Sea.The floater, dubbed OceanX, features dual-turbine 'V' shaped platform with a total capacity of 16.6 MW and comprises of two counter-rotating rotors of MySE8.3-180 super compact hybrid ...
Oil Rises on China Stimulus Hopes, US Inventory Drop
1 day ago · Oil rose almost 1% on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, and supported by an industry report showing a decline in U.S. crude inventories. Chinese authorities have agreed to issue 3 trillion yuan ($411 billion ...
Oil And Gas News - OEDigital.com
Dec 19, 2024 · Aker Solutions has signed a sizeable contract to deliver maintenance and modification services for Vår Energi’s Jotun, Balder, and Ringhorne assets in the southern area of the Norwegian Continental Shelf (NCS).The five-year agreement includes an option for Vår Energi to extend the contract by up to three additional two-year periods.The contract is valued between $44 million and $130 ...
Oil and Gas Reclaiming Center Stage as Climate Efforts Fall Behind
16 hours ago · Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down - and at times reversing - climate commitments in a shift that they are likely to stick with in 2025. The retrenchment by oil majors comes after governments around the world slowed the ...
Offshore Energy News - OEDigital.com
Dec 20, 2024 · The 66kV high voltage wet mate connector currently undergoing technical qualification by Baker Hughes weighs in at around one ton and has over 40 liters of dielectric oil protecting copper cable up to 1,200 square millimeters in diameter.The connector is designed to sit on the seabed at the end of a dynamic cable coming from floating wind turbines and connect it to a collector hub that ...
Offshore Energy News - OEDigital.com
Dec 10, 2024 · U.S. net crude oil imports are forecast to fall by 20% next year to 1.9 million barrels per day, their lowest since 1971, the Energy Information Administration said on Tuesday, pointing to higher U.S. production and lower refinery demand.The EIA expects the United States to produce 13 ...
Offshore Oil And Gas News - oedigital.com
Nov 25, 2024 · Doubts are growing over Guyana's pick of a little-known U.S. startup to craft and develop projects to monetize its vast untapped natural gas resources that could cost up to $30 billion. Year-old Fulcrum LNG faces financing hurdles that could derail its selection. Ultimately, the South American ...
Offshore Oil; And Gas News - oedigital.com
Dec 6, 2024 · National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the Bureau of Ocean Energy Management (BOEM) released the Draft Programmatic Environmental Impact Statement (EIS) for oil and gas leasing in the Gulf of Mexico:'We are pleased to see BOEM finally moving forward with the next step toward the first Gulf of Mexico oil and gas lease sale of the ...