Activity News

 

Petrobras Charters DOF Offshore Vessel Trio

Jun 16, 2020

Norwegian offshore vessel operator DOF has secured long-term charters for a trio of anchor handling units with Petrobras in Brazil.DOF said Tuesday Petrobras had awarded its Skandi Urca and Skandi Fluminense vessels 2+2 year contracts with the start in September 2020…

Long-term Charters for Solstad Offshore Anchor Handlers in Brazil

Jun 16, 2020

Norwegian offshore vessel owner Solstad Offshore has secured long-term charters for two of its anchor handling tug and supply vessels in Brazil.Solstad said Tuesday that Petrobras had chartered its AHTS vessels Far Sagaris and Far Statesman for a period of three years…

Eidesvik Equips Fleet with Energy Efficiency Software

Jun 16, 2020

The Norwegian offshore shipowner Eidesvik has signed a contract with Yxney Maritime for the use of Yxney's Maress energy efficiency software on its vessels, as a step towards further emissions reduction.Maress is a cloud-based system using available…

Wintershall Nordzee Brings Online 2nd Sillimanite Well

Jun 16, 2020

Gazprom-Wintershall DEA joint venture company Wintershall Noordzee said Monday it had started gas production from D12-B2, the second well drilled in its Sillimanite offshore field.The gas field, found in June 2015, stretches across the UK and…

Denmark's CIP Starting 'World's Largest' Renewable Infrastructure Fund

Jun 16, 2020

Fund management firm Copenhagen Infrastructure Partners (CIP) said on Tuesday it had started what it expects to be the world's largest fund for renewable energy infrastructure as it targets investments worth 100 billion crowns ($15.2 billion)…

Santos Offers First Bayu Undan Condensate Cargo

Jun 16, 2020

Australian oil and gas producer Santos has offered its first-ever Bayu Undan condensate cargo via a tender for loading in August, two sources with knowledge of the matter said.The 650,000-barrel cargo is scheduled to load on Aug. 8-12. The tender will close on June 17 with bids valid until June 18…

Motive Offshore, Orca Offshore Ink Azerbaijan MoU

Jun 16, 2020

Motive Offshore, marine equipment fabrication and rental specialist based in Scotland, has signed a memorandum of understanding with Orca Offshore for collaboration in Azerbaijan.The two-year agreement with the offshore design, fabrication and installation specialist will be focussed in Azerbaijan…

PGS Wraps Brazil Seismic Shoot. Breaks Spread Record

Jun 16, 2020

Norwegian seismic acquisition company PGS has said that its Ramform Titan has completed a seismic survey project in Brazil, breaking a streamer spread record in the process.The company said Tuesday that it had completed the survey on the first…

Santos, Gold Fields Pen 3-Year Gas Supply Deal

Jun 16, 2020

Australia's oil and gas company Santos has entered into a new gas supply agreement with Gold Fields Limited for its three gold mines in Western Australia.Santos will supply nearly 5.5 petajoules of natural gas from its Varanus Island gas plant over three years…

Jaan 3D Seismic Survey Offshore W. Africa Complete

Jun 16, 2020

Norwegian seismic data company TGS has said it has, with its partners, completed the Jaan 3D seismic survey covering the MSGBC Basin in NW Africa acquired in partnership with PGS and GeoPartners. Comprising over 28,000 square kilometers, the 3D survey spanning offshore Senegal…

Van Oord to Lay Off 500 Employees

Jun 16, 2020

Dutch offshore and dredging contractor Van Oord said Tuesday it would lay off 500 people, citing effects of COVID-19 on its business.Van Oord said: 'As a company operating on a global scale, COVID-19 is having a major impact on our business…

Inpex Completes Refinancing Part of Ichthys Funding

Jun 16, 2020

Japan's Inpex Corp said on Tuesday it has completed the previously launched refinancing of part of the funding for the Ichthys liquefied natural gas (LNG) project in Australia.Announcing a deal with seven export credit agencies and 28 commercial banks aimed at improving borrowing conditions…

Exxon Cuts Guyana Crude Output to Avoid Gas Flaring

Jun 15, 2020

ExxonMobil Corp has reduced crude output at its nascent project off Guyana's coast due to problems with gas reinjection equipment, a move meant to avoid excessive gas flaring, the South American country's environmental regulator said on Monday…

Acorn CSS & Hydrogen Project to Get Scottish Gov't Funding

Jun 15, 2020

The Acorn carbon capture and storage and hydrogen project in the UK North Sea will get Scottish Government funding to help drive forward Scotland’s Net Zero carbon targets by 2045. The funding is part of a five year, £62m package will be provided by a new scheme…

Valaris Skips $13.3M Interest Payment

Jun 15, 2020

Offshore drilling contractor Valaris said Monday it had elected not to make the $13.3 million interest payment due on June 15, 2020, related to its 7.375% Senior Notes due 2025.The offshore drilling company, which had more than $6.5 billion of debt at the end of the first quarter…

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