Activity News

 

EU Grants Funding for Offshore Green Hydrogen Project

Jan 08, 2021

The Fuel Cells and Hydrogen 2 Joint Undertaking (FCH2-JU), a public-private partnership of the European Commission, has awarded EUR 5 million grant to the consortium behind the OYSTER project, to investigate the feasibility and potential of…

Total to Keep Investing in Renewables in 2021, says CEO

Jan 08, 2021

Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick Pouyanne told an Oddo BHF conference on Friday. Total is trying to reduce its dependence on oil and shift towards electricity and renewable energy…

MENA NOC Charters Gulf Marine Services' Jack-Up Unit

Jan 08, 2021

Gulf Marine Services, a UAE-based provider of offshore jack-up support vessels, has secured a long-term contract for its GMS Evolution jack-up. 'Winning this contract follows the successful trial of the vessel's Cantilever Workover System, with…

Constellation Nets Long-Term Drillship Deal with Petrobras

Jan 08, 2021

Brazilian oil and gas drilling company Constellation has won a long-term contract for its ultra-deepwater drillship Brava Star with the Brazilian oil firm Petrobras.Constellation said this week that the contract for the 2015-built Brava Star…

Neptune Energy Extends Deepsea Yantai Offshore Rig Contract

Jan 08, 2021

Oil and gas company Neptune Energy has extended the contract for the Deepsea Yantai semi-submersible drilling rig. This is the rig Neptune used when it last year made one of Norway's largest offshore discoveries - the Dugong.The Deepsea Yantai…

Lekoil Fights Top Shareholder over Board

Jan 08, 2021

London-listed Nigerian oil company Lekoil's shareholders will vote on Friday on an investor's bid to add three members to the company's board, in the culmination of a bitter dispute between its founder and its biggest shareholder.The dispute even drew in Nigeria's Ministry of Petroleum…

Energean Buys Total's Interest in Block Offshore Greece

Jan 08, 2021

Oil and gas company Energean has completed its takeover of Total’s entire 50% interest and operatorship in Block 2, offshore Western Greece. Coupled with the 25% working interest that Energean bought through the recent acquisition of Edison E&P…

Pioneering Spirit to Remove Two Morecambe Bay Platforms

Jan 07, 2021

Allseas' giant heavy lift vessel Pioneering Spirit will remove the DP3 and DP4 platforms in Morecambe Bay off the U.K. for independent oil and gas operator Spirit Energy.The two normally unmanned installations used to produce gas as part of…

Suncor to Record Impairment Charge on White Rose Assets

Jan 07, 2021

Canadian energy company Suncor will record in the fourth quarter of 2020 a non-cash after-tax impairment charge of approximately $425 million on its share of the White Rose asset and West White Rose Project in the Jeanne d’Arc basin off Newfoundland and Labrador…

Havila Shipping, DeepOcean Settle Dispute

Jan 06, 2021

Norwegian offshore vessel owner Havila Shipping has settled a dispute with subsea services provider DeepOcean.The dispute, now settled, came to light after Havila in December said it had terminated the contract with DeepOcean for the Havila Phoenix vessel…

ConocoPhillips to Control Eldfisk 2/7 Bravo Platform Remotely

Jan 06, 2021

Oil company ConocoPhillips has obtained regulatory approval for remote operations of its Eldfisk 2/7 Bravo facility in the North Sea, offshore Norway.The consent, granted by the Petroleum Safety Authority Norway, covers the conversion to a new…

McDermott Lands Offshore Platform Engineering Deal in Qatar

Jan 06, 2021

Offshore engineering and construction firm McDermott has won a contract from Qatargas to deliver front-end engineering and design (FEED) work for Qatar Petroleum's North Field South (NFS) project.The contract scope includes the replication of five offshore wellhead platforms…

Samsung Delivers Eagle Pilar Shuttle Tanker to AET

Jan 06, 2021

Oil tanker operator AET has taken delivery of the Eagle Pilar, a new Suezmax Dynamic Positioning (DP2) shuttle tanker. The vessel has been purpose-built for long-term charter to Brazil Shipping I Limited, a Shell subsidiary.The vessel was delivered…

Petronas: Baram Oil Production to Resume in Q3, after Ship Accident

Jan 06, 2021

Malaysia’s state energy firm Petronas said on Monday it expects to resume full production at its Baram facilities, off the state of Sarawak on Borneo island, in the third quarter after halting output in October following an accident.Petronas…

Russia: Sakhalin Energy Sets LNG Output Record

Jan 06, 2021

Sakhalin Energy, an international consortium operating an offshore gas-fed LNG plant in eastern Russia, set a record for LNG production in 2020.Sakhalin Energy said Wednesday that it had in 2020 produced and shipped a record amount of liquefied natural gas (LNG): 178…

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