Activity News

 

Pacific Drilling Set to Emerge from Bankruptcy as Court Approves Reorganization Plan

Dec 23, 2020

Offshore drilling contractor Pacific Drilling, which last month filed for Chapter 11 Bankruptcy, on Tuesday said that the United States Bankruptcy Court for the Southern District of Texas had confirmed its debt reorganization plan.The driller…

Talos Energy, Pemex Continue Talks over Zama Offshore Discovery

Dec 23, 2020

Mexico's energy ministry has approved a 60-day extension for talks between state oil company Pemex and a private consortium led by U.S.-based Talos Energy Inc over the future of a massive shared crude deposit, Talos chief executive Tim Duncan told Reuters on Tuesday…

Wintershall Noordzee Deploys Wärtsilä Software to Boost Offshore Safety

Dec 22, 2020

Dutch offshore oil and gas operator Wintershall Nordzee has recently seen Wärtsilä's Navi-Harbour WebVTS 5.0 software application for its platform in the Dutch North Sea.The software features an early warning system to avoid allisions between the offshore platforms and vessels in their vicinity…

ConocoPhillips Makes 'Significant' Oil Discovery Offshore Norway

Dec 22, 2020

ConocoPhillips on Tuesday announced a 'significant' new oil discovery in the Norwegian Sea.The discovery was made in production license 891 on the Slagugle prospect located 14 miles north-northeast of the Heidrun Field in the Norwegian Sea.…

Eni, PTTEP Grab Hold of Giant Offshore Block in UAE

Dec 22, 2020

Italian oil and gas firm Eni and Thailand’s national oil company PTTEP have been awarded exploration concession for Offshore Block 3 in the United Arab Emirates, with the concession deal signed with ADNOC on Monday.Eni is the operator with a 70% stake in the Exploration Offshore Block 3…

OE’s 2020 Top of the Festive Video Pops

Dec 22, 2020

The festive season feels somewhat muted this year as, globally, we all grapple with the Coronavirus pandemic.But there is some cheer in the gloom. The annual round of Christmas-themed videos and animations are doing the rounds, albeit perhaps with a few less this year than previous years…

Greenpeace Loses Norway Supreme Court Case over Arctic Offshore Drilling

Dec 22, 2020

Norway's supreme court upheld government plans for Arctic oil exploration on Tuesday, dismissing a lawsuit by campaigners who said they violated people's right to a healthy environment.While most of Norway's oil output flows from south of the Arctic…

Rem Offshore Nets Long-term Charter for Newly Ordered Offshore Wind Vessel

Dec 22, 2020

Rem Offshore, a Norwegian offshore vessel owner which last week ordered an offshore wind construction service vessel, has secured a long-term charter contract for the vessel.The company on Tuesday announced a long-term charter contract with Siemens Gamesa Renewable Energy for its newbuild CSV…

Brazil: Enauta Takes Ownership of Atlanta Offshore Field, as Barra Exits

Dec 22, 2020

Brazilian oil company Enauta has agreed to take full ownership of the working interest in Block BS-4, offshore Brazil, where the producing Atlanta field is located.The company, previously known as Quireoz Galvao, opted to take over an additional…

Aker Solutions Signs $57,6M CO2 Capture Deal

Dec 22, 2020

Aker Solutions has secured a contract from Aker Carbon Capture for engineering, procurement, and management assistance to realize the CO2 capture plant at Norcem’s cement factory in Brevik, Norway.The project, part of Norway's Longship project…

National Oilwell Varco to Change Name

Dec 22, 2020

Oilfield services provider National Oilwell Varco said Monday it would change its corporate name to “NOV Inc.”, effective January 1, 2021. The company’s ticker symbol, “NOV”, will remain unchanged.Clay Williams, Chairman, President, and CEO…

Germany: RWE's Kaskasi Offshore Wind Farm Gets Planning Permission

Dec 21, 2020

The German authorities have granted RWE planning permission for the 342-megawatt Kaskasi offshore wind farm. According to RWE, the approval makes Kaskasi (official name: Kaskasi II) the first offshore wind farm in Germany receiving planning permission under the new wind at sea law…

Trident Energy Books Vantage Jack-Up for E. Guinea Drilling

Dec 21, 2020

Offshore drilling contractor Vantage Drilling has won a two-well contract for its Sapphire Driller jack-up rig.The rig will drill for Trident Energy in Equatorial Guinea, starting in the second quarter of 2021. While Vantage Drilling did not share the financial details of the deal…

Bahia Grande to Keep Solstad Offshore Vessel Until Oct. 2026

Dec 21, 2020

Norway-based offshore vessel owner Solstad Offshore said Monday it has secured a contract extension for one of its vessels in Argentina.The contract extension is for the construction support vessel Normand Commander, with Bahia Grande LN S.A…

Weir to Deliver 1,800 Sets of Wellheads and Trees for PTTEP in Gulf of Thailand

Dec 21, 2020

Oilfield equipment supplier Weir Oil & Gas has signed a five-year contract with Thailand's national oil company PTT Exploration and Production (PTTEP) to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand. The contract is valued at $70 million…

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