Activity News

 

Bumi Armada Amends Loan Maturity Date. Cites Coronavirus Impact

Feb 23, 2021

Malaysian FPSO specialist Bumi Armada has amended the maturity of a portion of the $660 loan from 2019, citing the impact of the coronavirus pandemic on its business.Bumi Armada said the loan agreement has been amended on to extend the final…

Europe's Largest: CIP to Launch Offshore Wind-powered Ammonia Plant in Denmark

Feb 23, 2021

Danish energy infrastructure investments firm Copenhagen Infrastructure Partners is looking to build what it says is Europe’s largest production facility of CO2-free green ammonia, with the final product aimed at the shipping and agriculture sector as a means to reduce emissions…

Premier Oil, Chrysaor Merger Gets Approvals from Regulators in UK, Mexico

Feb 23, 2021

UK-based oil company Premier Oil said Monday that all of the regulatory conditions relating to its merger with Chrysaor 'have now been satisfied and all of the requisite anti-trust approvals have been received.'Premier oil said following receipt of notice from the Oil and Gas Authority (OGA)…

DEME Offshore to Install Giant Monopiles for Baltic Sea Wind Farm

Feb 23, 2021

Belgian offshore installation company DEME Offshore has been awarded a substantial contract to deliver foundations for Parkwind's offshore wind farm in the Baltic Sea, offshore Germany.DEME Offshore will be responsible for engineering, procurement…

Neptune Energy Starts Production from Gjøa P1 Project Off Norway

Feb 23, 2021

Oil and gas company Neptune Energy said Tuesday it had brought online the Gjøa P1 development in the Norwegian sector of the North Sea.Gjøa P1 has been developed via a new subsea template, tied back to existing infrastructure on the Gjøa field…

TechnipFMC to Deliver Subsea System for Petronas' Limbayong project

Feb 23, 2021

Oilfield services company TechnipFMC has won a 'substantial' contract by Petronas Carigali in Malaysia for the provision of subsea systems and associated equipment for the Limbayong deepwater development offshore Malaysia. TechnipFMC will, through its subsidiary FMC Wellhead Equipment…

Enauta Resumes Output from Atlanta Field after Corrosion-Induced Halt

Feb 22, 2021

Brazilian oil and gas company Enauta has resumed production from its Atlanta offshore oil field, in the Santos Basin, in Brazil.Enauta, previously known as Quireoz Galvao, had in November 2020 announced the 'preventive suspension' of Atlanta field’s production…

UK: Tailwind Sanctions Evelyn Development

Feb 22, 2021

UK-focused oil company Tailwind has reached a final investment decision (FID) on its Evelyn field project in the North sea, following approval by the UK oil and gas regulator OGA last week.The Evelyn field is part of the Triton Cluster. Tailwind…

Poland in Race Against the Clock to Approve Baltic Offshore Wind Subsidies

Feb 22, 2021

Poland is racing against the clock to authorize subsidies for Baltic offshore wind power projects totaling 5.9 gigawatts by mid-2021, the climate minister said on Monday, as the country tries to shift away from its heavy dependence on coal.The…

Saipem Bags $1.7B Deal to Build Offshore Facilities for Qatar's North Field

Feb 22, 2021

Italian offshore energy services contractor Saipem has received from Qatargas a letter of award for the development of the North Field Production Sustainability Offshore Project, located offshore of the North-East coast of Qatar peninsula. The contract is worth approximately $1…

DNV GL Secures 3-Year Contract with Total in UK North Sea

Feb 22, 2021

Classification society and quality assurance firm DNV GL has been awarded a three-year contract with Total in the UK to provide various services across the company's UK North Sea assets.DNV GL will provide core services such as verification…

Brazil's President Bolsonaro Nominates Retired Army General as Next CEO of Petrobras

Feb 22, 2021

Brazilian President Jair Bolsonaro's nominee to lead state-run oil company Petrobras said on Saturday the company needs to find 'balance' in fuel pricing, considering the impact on shareholders, investors, sellers and consumers.Joaquim Silva e Luna…

Vattenfall Awards Van Oord a 4-Year Offshore Wind Contract

Feb 22, 2021

Offshore wind developer Vattenfall has awarded the Dutch-based offshore installation contractor Van Oord a 4-year operations & maintenance (O&M) contract.Working through its MPI Offshore organization, Van Oord will provide jack-up and associated…

U.S. Designates Already Sanctioned Russian Ship as Helping to Build Nord Stream 2 Pipeline

Feb 22, 2021

The Biden administration on Friday identified a Russian ship and a company it believes are helping to build the Nord Stream 2 pipeline, but the entities had already been sanctioned by the Trump administration and the project's opponents in Congress said the move would do little to halt work on it…

Siemens Gamesa Confirms Courseulles-sur-Mer Wind Turbine Supply Deal

Feb 22, 2021

Offshore wind turbine maker Siemens Gamesa Renewable Energy has confirmed it has been awarded the firm order from the EDF Renewables-Enbridge-wpd consortium for the 448 MW Courseulles-sur-Mer offshore wind power project in France.The confirmation…

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