Activity News

 

Vår Energi CEO Kragseth to Leave. Set to Take Helm at Petoro

Dec 10, 2020

Norwegian oil and gas company Vår Energi has informed that its CEO Kristin Kragseth will leave the company for her new role as CEO of Petoro, a Norwegian government-owned oil and gas firm.Kragseth was appointed CEO when Vår Energi was established…

McDermott Nets pre-FEED Extension for BHP's Trion Floater

Dec 10, 2020

Australian oil and gas firm BHP has awarded a contract to McDermott to carry out the preliminary Front-End Engineering Design (preFEED) extension phase for a Floating Production Unit (FPU) that could be installed at its Trion field offshore Mexico…

Neptune Energy Launches Study for Large Scale Offshore Carbon Capture Project in North Sea

Dec 10, 2020

Oil and gas company Neptune Energy on Thursday launched a feasibility study into plans for a large-scale offshore Carbon Capture and Storage (CCS) project in the Dutch North Sea, with the potential to safely store 120-150 million tonnes of CO2…

Long-term Equinor Charters for Havila Platform Suppliers

Dec 10, 2020

Norwegian offshore vessel operator Havila Shipping has secured two three-year contracts with Equinor for its platform supply vessels Havila Charisma and Havila Foresight.According to Equinor, both contracts include four one-year options and…

Amazon, Ørsted Ink Europe's Largest Offshore Wind Power Purchase Deal

Dec 10, 2020

E-commerce and cloud computing giant Amazon has signed a 10-year corporate power purchase agreement with offshore wind firm Ørsted.In what has been described as Europe's largest ever offshore wind power purchase deal, Amazon has committed to…

The Bahamas: Activists Push to Stop BPC's Offshore Drilling Project

Dec 10, 2020

Environmental activists are seeking to prevent Bahamas Petroleum Company from drilling its Perseverance #1 well offshore the Bahamas, just days ahead of the expected spud date.As previously reported, Bahamas Petroleum Company has hired Stena…

Total Taps Norco for UPS, Battery Support on Offshore Angola FPSOs

Dec 10, 2020

French oil major Total has awarded a maintenance contract to energy storage equipment manufacturer and service provider Norco Group for its offshore assets in Angola.Norco Group will support Uninterruptible Power Supply (UPS) systems and standby…

Ocean Installer Changes name to Havfram

Dec 10, 2020

Norwegian offshore oil and gas and wind installation services company Ocean Installer on Thursday announced its new name - Havfram.The company said the name change reflected its increased commitment to offshore wind. 'The offshore wind-commitment…

East Med Dispute: Erdogan Unmoved by EU Sanctions Threat

Dec 10, 2020

Turkish President Tayyip Erdogan accused the European Union on Wednesday of never acting honestly towards his country and said Ankara was not concerned by any economic sanctions the bloc might impose on it.EU foreign ministers said on Monday…

Kosmos Energy Completes Sale of Frontier Exploration Assets to Shell

Dec 10, 2020

London-listed oil and gas company Kosmos Energy has partially completed the previously announced sale of its frontier offshore oil and gas exploration assets to Shell, with the South Africa transaction expected to complete in 2021.Under the agreement first announced in September…

Harland & Wolff to Build Windfarm Development Vessels for Triumph Subsea Services

Dec 10, 2020

Triumph Subsea Services has signed a letter of intent with Infrastrata for the construction of offshore wind farm development vessels at Infrastrata's Harland & Wolff Shipyard in Belfast, Northern Ireland.The letter of intent envisions the construction…

PHOTO: Boskalis Tows First of Five 9.5MW Turbines for Kincardine Floating Wind Farm

Dec 09, 2020

Dutch marine contractor Boskalis has started towing a giant floating wind turbine to a site offshore Scotland, where it will be installed as part of Grupo Cobra's Kincardine floating wind farm project.'Yesterday, the tow-out of the impressive…

Africa Energy VP: Luiperd Offshore Discovery Proof South Africa is a World-class Hydrocarbon Spot

Dec 09, 2020

French oil major Total in October struck its second significant discovery offshore South Africa, at the Luiperd-1X well.Luiperd well was drilled to a total depth of about 3,400 meters and encountered 73 meters of net gas condensate pay in well-developed good quality Lower Cretaceous reservoirs…

Italy's Eni, Saipem in Joint Decarbonization Effort

Dec 09, 2020

Italian oil giant Eni, and oilfield services provider Saipem, both working to diversify their businesses traditionally heavily linked to the oil and gas industry, have signed a deal to work together on the identification and engineering of decarbonization initiatives and projects in Italy…

Hibiscus Pushes North Sea Field Development FID to March 2021

Dec 09, 2020

Malaysian oil and gas operator Hibiscus Petroleum has said that the final investment decision for the development of its Marigold cluster in the UK North Sea, will be made in March 2021, and not in December 2020, as previously expected, citing Covid-19 effects…

Current News

Equinor Renews Subsea Inspection Deal with Subsea 7

Equinor Renews Subsea Inspecti

Saipem Gets DNV Certification for Offshore Asset Lifecycle Management

Saipem Gets DNV Certification

Archer to Remain North Sea Drilling and Maintenance Duty for Aker BP

Archer to Remain North Sea Dri

Tekmar Secures Over $9M Offshore Wind Cable Protection Deal

Tekmar Secures Over $9M Offsho

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