Offshore Activity - page 743

 

Iberdrola, Macquarie Enter Offshore Wind JV in Japan

Sep 17, 2020

Iberdrola has bought Japan-based renewables developer Acacia and signed a joint venture deal with Macquarie's Green Investment Group to develop an offshore wind farm portfolio, the Spanish energy company said on Thursday.Iberdrola and its new…

Offshore Helicopter Firm Bristow Names CFO

Sep 17, 2020

Offshore helicopter operator Bristow has appointed Jennifer Whalen as Senior Vice President and Chief Financial Officer.Whalen will be responsible for accounting, financial reporting, investor relations, M&A, tax, and other financial aspects of the company…

COLUMN - Crude Oil Industry is Starting to Hear Echoes of Coal's Demise

Sep 17, 2020

If 2020 had been anything close to a normal year, the oil and gas industry would have just wrapped up its annual gathering in Singapore, most likely reassured of its ongoing essential role in humanity's future.But this is far from a normal year…

East Mediterranean Dispute: Cyprus Willing to Talk with Turkey 'Without Threats'

Sep 16, 2020

Cyprus is ready to engage in talks with Turkey to resolve differences but only 'without blackmail and threats', President Nicos Anastasiades said on Wednesday.The two countries are locked in a dispute over drilling rights in the Mediterranean…

Next-Gen Vessels, Cranes for Offshore Wind Turbine Installation Firm SBO

Sep 16, 2020

Danish offshore wind installation company Swire Blue Ocean (SBO) is set to expand its fleet and upgrade the existing wind farm installation vessels with new cranes, to future proof its business given that the offshore wind turbines keep getting bigger…

UK North Sea Road to Net-Zero: £430B Investment Required

Sep 16, 2020

'Reimagining the North Sea as an integrated energy system is essential for the UK and Scotland to achieve their net-zero ambitions. But we need to invest now to close the gap on the key technologies needed to make this ambition a reality,' Colette Cohen OBE…

Eni Finds More Gas Offshore Egypt

Sep 16, 2020

Italian oil and gas company Eni, together with partner BP, has made a gas discovery in the Great Nooros Area offshore Egypt.Eni, a company which a few years back struck Egypt's largest gas find at the Zohr well in the Mediterranean Sea, on Wednesday…

GC Rieber Shipping's Vessel Wins Offshore Wind Gig

Sep 16, 2020

Norway-based offshore vessel owner GC Rieber Shipping said Wednesday  it had won a contract in the offshore wind sector for its 2011-built Polar Queen multi-purpose vessel.The contract is a short one, for three weeks, with further options to extend…

Energean Sells More Karish Gas

Sep 16, 2020

Mediterranean-focused oil and gas company Energean has signed agreements to sell more gas from its Karish gas development off Israel.Energean said Wednesday it had signed two gas sales deals which, combined, represent quantities of gas of up to 1…

CHC Helicopters Wins Extension for Neptune Energy Crew Transfers in Dutch North Sea

Sep 16, 2020

Offshore helicopter operator CHC Helicopters has won a contract extension with oil company Neptune Energy for the provision of crew transfer services in the Dutch sector of the North Sea.The extension is for two years, and CHC will continue…

Turkish Drillship to Continue Operating in Disputed Waters off Cyprus Until Mid-Oct

Sep 16, 2020

Turkey said on Tuesday it had extended the operations of its Yavuz energy drillship in disputed Mediterranean waters off Cyprus until Oct. 12, in a move that could stir tension between the Greek Cypriot government and Ankara.Yavuz will be accompanied by three other Turkish ships…

Seadrill Suspends Debt Payments as Restructuring Talks Continue

Sep 16, 2020

A group of Seadrill's creditors has agreed to let the offshore drilling rig operator suspend interest payments this month as part of an ongoing effort to restructure its $7.3 billion debt, the Oslo-listed company said on Wednesday.Seadrill,…

UK to Release 'Extremely Valuable' Historic North Sea Seismic Data

Sep 15, 2020

The UK oil and gas regulator Oil and Gas Authority will release historic North Sea seismic data, saying the move will be beneficial both for oil and gas explorers and those looking for carbon capture and hydrogen storage sites.'Explorers, organizations…

Oil Industry Paints Grimmer Picture of Pandemic's Harm to Demand

Sep 15, 2020

Major oil industry producers and traders are forecasting a bleak future for worldwide fuel demand, due to the coronavirus pandemic's ongoing assault on the global economy.The novel coronavirus hammered fuel demand in the spring, causing consumption…

Gallery: Lukoil Installs Jackets for Caspian Sea Platform

Sep 15, 2020

Russian oil company Lukoil said Tuesday it had installed the jackets of the fixed ice-resistant platform at the V.I. Grayfer field in the Caspian Sea. Ahead of being shipped to the offshore location, the 3,700+ tonnes heavy jackets were moved…

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