Activity News

 

Seadrill Chairman Steps Down

May 31, 2021

Offshore drilling company Seadrill Limited said Monday that Glen Ole Rødland had informed it he would be stepping down from the Board 'with immediate effect.'Glen Ole Rødland has been Chairman at Seadrill since November 2019. 'The Board would…

TotalEnergies Says It Did All It Could to Limit Gas Field Revenues Reaching Junta in Myanmar

May 28, 2021

Energy giant TotalEnergies said on Friday it had gone as far as it could for now to limit the revenues going to the military junta in Myanmar while staying within a legal framework and assuring power supplies.Total and U.S. energy company Chevron…

Big Oil's Credit Risk Increased after Dutch Court Ruling, Investor Pressure

May 28, 2021

Rating agency Moody's said on Friday that the credit risk of major oil producers has increased with recent events including Royal Dutch Shell losing a Dutch climate lawsuit this week and Exxon losing a battle with shareholders.Chevron also lost…

Well Expertise Deploys Mobile P&A Simulator on Rig Off Norway

May 28, 2021

Norwegian offshore oil and gas well management firm Well Expertise said this week it had successfully used a mobile on-the-rig simulator for plug and abandonment well control training to decommission several North Sea wells and is now planning other well campaigns using the simulator…

Equinor, Aker BP Granted Drilling Permits for Wells Off Norway

May 28, 2021

Oil and gas companies Equinor and Aker BP have received drilling permits from the Norwegian Petroleum Directorate to drill wells in the Norwegian Sea and the Barents Sea, respectively.Under the NPD permit announced Friday, Aker BP will, using…

Seadrill Names CFO, COO. Adds New Director to Board

May 28, 2021

Offshore drilling company Seadrill Limited has this week appointed a new chief financial officer and a new chief operating officer, as well as announced the appointment of a new director to its board.Oslo-listed offshore drilling firm said on…

Odfjell Drilling, BP, Baker Hughes in Pact to Boost Clair Ridge Output

May 28, 2021

Oil major BP, oilfield services firm Baker Hughes, and offshore drilling contractor Odfjell Drilling, have struck a deal together to transform platform drilling and completions activity at the BP-operated Clair oil field, offshore the UK.Located 75km west of the Shetland Islands…

Brunei: Zell Transportation Extends Icon Kayra Charter

May 28, 2021

Bursa Malaysia-listed offshore vessel owner Icon Offshore has secured a contract extension for its vessel Icon Kayra with Zell Transportation.The fixed contract portion for the offshore services vessel is for 17.5 months. ZT will have further options yearly extension options for four years…

Total Shareholders Support Climate Plan, Rebranding to TotalEnergies

May 28, 2021

Oil and gas group Total won more than 90% backing for its climate plan to gradually reduce its emissions on Friday, when shareholders also voted overwhelmingly in favor of its rebrand as TotalEnergies to mark its shift to renewable energy.Some…

Opus Marine Expands Fleet with Damen Fast Crew Supplier

May 28, 2021

Offshore logistics service provider Opus Marine, part of Zeitfracht Group, has expanded its fleet with a new Damen Fast Crew Supplier (FCS) 2710, named Allegro at a ceremony on Thursday.The vessel will begin immediate operations, transporting technicians to wind farms offshore…

Maersk Supply Service Orders Wärtsilä Battery for Maersk Minder AHTS Vessel

May 28, 2021

Danish offshore support vessel owner Maersk Supply Service has ordered a battery pack for one of its M-class vessels, the Anchor Handling Tug Supply vessel Maersk Minder, as part of its plan to reduce the company's carbon intensity by 50% across its fleet in 2030…

PHOTO: Heerema's Giant Vessels Set to Remove TAQA's Giant North Sea Platform

May 28, 2021

Oil and gas company TAQA said Friday it had started its first major asset removal project and one of the largest topside removal projects of its kind in the North Sea, with the removal of the Brae Bravo platform.The Brae Bravo platform, first commissioned in 1988…

Magseis Fairfield's 100th OBN Survey is Also 'First Ever' Carbon Neutral Seismic Survey

May 28, 2021

Norway-based ocean bottom node seismic surveyor Magseis Fairfield said Friday it had completed the acquisition of its 100th OBN survey, and with that announcement also shared what it was doing to become a carbon-neutral company, and what it…

Fred. Olsen Windcarrier Brings in $151M in Offshore Wind Contracts

May 28, 2021

Offshore wind installation company Fred. Olsen Windcarrier (FOWIC) said Friday it had over the previous two months signed three new turbine transport and installation contracts with a combined value of up to 124 million euros ($151 million)…

Wood to Conduct Pre-FEED for Irish Floating Wind Project

May 27, 2021

Early-stage floating wind farm developer Simply Blue Energy has hired engineering firm Wood for pre-FEED work related to its proposed Western Star floating offshore wind farm, to be located off the west coast of Ireland.Simply Blue Energy plans…

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