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Mexico launches auction terms for 15 offshore blocks

2016-07-21 01:00:00| Offshore Technology

Mexico's oil regulator CNH has revealed auction terms for 15 exploration and production blocks in the southern Gulf of Mexico, with bids planned for March next year.

Tags: terms mexico auction blocks

 

Offshore wind powers ahead as prices drop 30% below nuclear

2016-07-20 00:32:00| Climate Ark Climate Change & Global Warming Newsfeed

Environmental News Network: The cost of offshore wind power in the North Sea is 30% lower than that of new nuclear, writes Kieran Cooke - helped along by low oil and steel prices, reduced maintenance and mass production. By 2030 the sector is expected to supply 7% of Europe's electricity. Output from the Dogger Bank project will be 1.2 GW (gigawatts) - enough to power more than a million homes. Next year, a 150-turbine wind farm off the coast of the Netherlands is due to start operating, and other schemes along the Dutch coast...

Tags: below prices drop wind

 
 

Sembcorp delivers jack-up rig to UK offshore drilling contractor Noble

2016-07-18 01:00:00| Offshore Technology

Sembcorp Marine has delivered the jack-up rig Noble Lloyd Noble to UK-based offshore drilling contractor Noble.

Tags: contractor delivers noble offshore

 

Deals this week: Siem Offshore, Sirius Petroleum, Hercules International Drilling

2016-07-15 01:00:00| Offshore Technology

Siem Offshore Inc has sold its Siem Carrier platform supply vessel (PSV) to an undisclosed company.

Tags: international week deals petroleum

 

BOEM tells offshore firms to comply with new financial and risk management requirements

2016-07-15 01:00:00| Offshore Technology

The US Bureau of Ocean Energy Management (BOEM) has notified oil and gas companies with leases in the Gulf of Mexico to comply with new financial assurance and risk management requirements designed to protect taxpayers from the costs of decommissioni

Tags: management financial requirements risk

 

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