Activity News

 

Saipem Scores Offshore Wind Hat-Trick

Jul 22, 2020

Italian engineering and construction company Saipem has firmed up its growing presence in the offshore wind supply chain by securing three contracts worth 90 million euros in total at major wind farms being developed in the UK and France.In England…

UK: OGTC, ORE Catapult Team Up to Speed Up Net-zero Emissions Drive

Jul 22, 2020

Two UK-based energy technology firms The Oil & Gas Technology Centre and Offshore Renewable Energy (ORE) Catapult are joining forces in a five-year collaboration aimed at speeding up the UK's transition to a net-zero future.The partnership named Energy Transition Alliance (ETA)…

Baker Hughes Posts Q2 Loss as Oil Slump Hits Demand

Jul 22, 2020

Baker Hughes Co posted its second consecutive quarterly loss on Wednesday and said it would continue to rein in costs in preparation for a longer period of volatility in oil prices.Oil producers halted the drilling of new wells and drastically…

Formosa 2 Offshore Wind Farm Pin Piles Arrive in Taiwan

Jul 22, 2020

BBC Onyx multipurpose heavy-lifter has arrived in Taiwan carrying the first batch of foundation components for the Formosa 2 offshore wind farm.'Formosa 2 offshore wind farm loaded-in the first set of foundation components, including pin piles…

Turkey Slams Greek Claim Over Mediterranean Seismic Survey

Jul 22, 2020

The eastern Mediterranean region where a Turkish ship will carry out a seismic survey is part of Turkey's continental shelf, Ankara said on Wednesday, rejecting Greece's accusation that the ship is encroaching on its own shelf.Long-standing…

Double Offshore Drilling Go-Ahead for Aker BP

Jul 22, 2020

The Norwegian authorities on Wednesday granted oil company Aker BP consents to use the Maersk Integrator and Deepsea Nordkapp drilling rigs at the Ivar Aasen and Alvheim fields, respectively.At the Ivar Aasen field in the North Sea, Aker BP…

Italian Prosecutors Seek Jail Time for Eni, Shell Execs over Nigeria Bribery Case

Jul 22, 2020

Italian prosecutors have asked for oil majors Eni and Shell to be fined and some of their present and former executives, including Eni CEO Claudio Descalzi, to be jailed in a long-running trial over alleged corruption in Nigeria.In one of the oil industry's biggest alleged scandals…

Hibernia Platform Output Still Shut after Leak

Jul 22, 2020

Production from the giant Hibernia oil platform in the Atlantic Ocean offshore Canada remained shut on Tuesday after an accidental spill of produced water into the ocean.Produced water is a mixture of seawater from the reservoir, seawater used in injection…

Chevron Inspecting Heat Exchangers at Gorgon After Maintenance

Jul 22, 2020

Chevron Corp is inspecting propane heat exchangers on train 2 at its Gorgon liquefied natural gas (LNG) plant in Australia, the company said on Wednesday, following maintenance that was due to be completed by July 11.The inspections are delaying the restart of the train…

Chariot Oil & Gas CEO Steps Down. Acting CEO Named

Jul 22, 2020

London-listed oil company Chariot Oil & Gas has informed that Larry Bottomley, CEO, has stepped down from the company with immediate effect.The company, with operations in Morocco, Namibia, and Brazil, said Tuesday that Adonis Pouroulis, currently Non-Executive Director and founder…

TurkStream Line to Undergo Maintenance

Jul 22, 2020

The first onshore line of TurkStream, the pipeline that carries Russian gas to Turkey, will undergo maintenance from July 27 to Aug. 10, operating company BOTAS said on Tuesday.The pipeline project, stretching 930 km (580 miles) across the Black Sea…

BRUA Pipeline at Risk Due to Delayed Romanian Black Sea Gas Projects

Jul 22, 2020

Romania's gas grid operator Transgaz will likely finalize work on a European Union-backed pipeline this year, but with no progress on tapping offshore gas reserves it may have little to transport, an energy regulator said on Tuesday.The pipeline to connect Bulgaria…

India's Deepwater Gas Output Pressured by Low Spot LNG Prices

Jul 21, 2020

India’s new deepwater gas production could be under pressure from low spot LNG prices, says Wood Mackenzie.Deepwater is expected to drive India’s gas production growth, adding over 1 billion cubic foot per day (bcfd) of new supply by 2023. However…

VAALCO Energy Extends Charter for FPSO Petróleo Nautipa

Jul 21, 2020

Norwegian floating production vessel provider BW Offshore has received a one-year contract extension for the lease and operation of the FPSO Petróleo Nautipa. The FPSO, deployed at the Etame field offshore Gabon for VAALCO Energy, will now have a contract until the third quarter of 2022…

Video: 'Hawk' Brings In Moray East Offshore Wind Farm Jackets

Jul 21, 2020

OHT’s heavy transport vessel Hawk arrived on Tuesday at Global Energy’s facility at the Port of Nigg, carrying 10 offshore wind jackets destined for the Moray East offshore wind farm, off the Aberdeenshire coast in Scotland.The vessel arrived…

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