Offshore Energy News - page 573

 

Motive Offshore, Orca Offshore Ink Azerbaijan MoU

Jun 16, 2020

Motive Offshore, marine equipment fabrication and rental specialist based in Scotland, has signed a memorandum of understanding with Orca Offshore for collaboration in Azerbaijan.The two-year agreement with the offshore design, fabrication and installation specialist will be focussed in Azerbaijan…

PGS Wraps Brazil Seismic Shoot. Breaks Spread Record

Jun 16, 2020

Norwegian seismic acquisition company PGS has said that its Ramform Titan has completed a seismic survey project in Brazil, breaking a streamer spread record in the process.The company said Tuesday that it had completed the survey on the first…

Santos, Gold Fields Pen 3-Year Gas Supply Deal

Jun 16, 2020

Australia's oil and gas company Santos has entered into a new gas supply agreement with Gold Fields Limited for its three gold mines in Western Australia.Santos will supply nearly 5.5 petajoules of natural gas from its Varanus Island gas plant over three years…

Jaan 3D Seismic Survey Offshore W. Africa Complete

Jun 16, 2020

Norwegian seismic data company TGS has said it has, with its partners, completed the Jaan 3D seismic survey covering the MSGBC Basin in NW Africa acquired in partnership with PGS and GeoPartners. Comprising over 28,000 square kilometers, the 3D survey spanning offshore Senegal…

Van Oord to Lay Off 500 Employees

Jun 16, 2020

Dutch offshore and dredging contractor Van Oord said Tuesday it would lay off 500 people, citing effects of COVID-19 on its business.Van Oord said: 'As a company operating on a global scale, COVID-19 is having a major impact on our business…

Inpex Completes Refinancing Part of Ichthys Funding

Jun 16, 2020

Japan's Inpex Corp said on Tuesday it has completed the previously launched refinancing of part of the funding for the Ichthys liquefied natural gas (LNG) project in Australia.Announcing a deal with seven export credit agencies and 28 commercial banks aimed at improving borrowing conditions…

Outfitting Phase Set to Start for Nexans Aurora Cable Layer

Jun 15, 2020

Norway's Ulstein is set to begin the outfitting phase of the Nexans Aurora, a large, DP3, cable laying vessel (CLV) Nexans ordered from Ulstein in 2018.The Nexans Aurora hull arrived Ulstein Verft on Monday, June 15, 2020, after having been built at CRIST…

Acorn CSS & Hydrogen Project to Get Scottish Gov't Funding

Jun 15, 2020

The Acorn carbon capture and storage and hydrogen project in the UK North Sea will get Scottish Government funding to help drive forward Scotland’s Net Zero carbon targets by 2045. The funding is part of a five year, £62m package will be provided by a new scheme…

AF Gruppen to Dismantle Curlew FPSO

Jun 15, 2020

Oil company Shell has awarded Norway's AF Gruppen a contract for the dismantling and recycling of the Curlew FPSO.The Curlew is an FPSO which was deployed at the Curlew field in the UK North Sea in 1997, approximately 210km east of the Aberdeenshire coastline…

Worley Nets London Array Offshore Wind Farm Work

Jun 15, 2020

Offshore wind turbine maker Siemens Gamesa Renewable Energy (SGRE) has awarded Australian engineering firm Worley a contract for statutory inspections and general maintenance of wind-turbine-generator cranes and lifts across all turbines on the London Array offshore wind farm…

Chevron Files Plans for Subsea Infrastructure Expansion at Gorgon

Jun 15, 2020

Chevron has filed an environment plant to Australian regulators related to the expansion of the subsea gathering network within the existing Gorgon and Jansz–Io offshore gas fields in Australia.Chevron Australia is the operator of the giant Gorgon project…

Russia: Maintenance Work Kicks Off at Sakhalin-2 Project

Jun 15, 2020

Russia's Sakhalin-2 liquefied natural gas (LNG) plant has started maintenance work set to last for just over a month at one of the plant's two lines, the company said on Monday.Sakhalin Energy had originally planned for work to be done on both lines at the same time…

BP Lowers Oil Outlook. Expects to Take up to $17.5B Writedown

Jun 15, 2020

BP will write off up to $17.5 billion from the value of its assets after cutting its long-term oil and gas price forecasts, betting the COVID-19 crisis will cast a lasting chill on energy demand and accelerate a shift away from fossil fuels…

Helicopter Operator NHV Clinches 5-Year Deal with Ithaca Energy

Jun 15, 2020

Belgium-based offshore helicopter provider NHV Group has signed a five-year contract extension with North Sea-focused oil company Ithaca Energy.The contract is for the provision of aviation services to the Ithaca Energy Group’s operated FPF-1 installation…

Vår Energi Takes Jotun FPSO Ashore for Upgrades

Jun 15, 2020

Norwegian oil company Vår Energi is taking the Jotun FPSO ashore for upgrades, as part of a project designed to extend the life of the Balder Area in the Norwegian part of the North Sea.The FPSO, which has been producing oil from the Jotun field in the North Sea since 1999…

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