Activity News

 

AF Gruppen to Dismantle Curlew FPSO

Jun 15, 2020

Oil company Shell has awarded Norway's AF Gruppen a contract for the dismantling and recycling of the Curlew FPSO.The Curlew is an FPSO which was deployed at the Curlew field in the UK North Sea in 1997, approximately 210km east of the Aberdeenshire coastline…

MODU Owners Bite the Bullet

Jun 15, 2020

Just as we were beginning to see light at the end of the tunnel, COVID-19 in the space of three months decimated the offshore industry and sent it spiraling into a double downturn. Oil majors have been forced to cut CAPEX (table 1) with E&P spending reduced significantly…

Worley Nets London Array Offshore Wind Farm Work

Jun 15, 2020

Offshore wind turbine maker Siemens Gamesa Renewable Energy (SGRE) has awarded Australian engineering firm Worley a contract for statutory inspections and general maintenance of wind-turbine-generator cranes and lifts across all turbines on the London Array offshore wind farm…

Chevron Files Plans for Subsea Infrastructure Expansion at Gorgon

Jun 15, 2020

Chevron has filed an environment plant to Australian regulators related to the expansion of the subsea gathering network within the existing Gorgon and Jansz–Io offshore gas fields in Australia.Chevron Australia is the operator of the giant Gorgon project…

Russia: Maintenance Work Kicks Off at Sakhalin-2 Project

Jun 15, 2020

Russia's Sakhalin-2 liquefied natural gas (LNG) plant has started maintenance work set to last for just over a month at one of the plant's two lines, the company said on Monday.Sakhalin Energy had originally planned for work to be done on both lines at the same time…

BP Lowers Oil Outlook. Expects to Take up to $17.5B Writedown

Jun 15, 2020

BP will write off up to $17.5 billion from the value of its assets after cutting its long-term oil and gas price forecasts, betting the COVID-19 crisis will cast a lasting chill on energy demand and accelerate a shift away from fossil fuels…

Helicopter Operator NHV Clinches 5-Year Deal with Ithaca Energy

Jun 15, 2020

Belgium-based offshore helicopter provider NHV Group has signed a five-year contract extension with North Sea-focused oil company Ithaca Energy.The contract is for the provision of aviation services to the Ithaca Energy Group’s operated FPF-1 installation…

Vår Energi Takes Jotun FPSO Ashore for Upgrades

Jun 15, 2020

Norwegian oil company Vår Energi is taking the Jotun FPSO ashore for upgrades, as part of a project designed to extend the life of the Balder Area in the Norwegian part of the North Sea.The FPSO, which has been producing oil from the Jotun field in the North Sea since 1999…

Bulgaria: Repsol Transfers Offshore Block Rights to Total, OMV

Jun 15, 2020

Bulgaria has granted Spain's Repsol permission to transfer 30% of the rights to explore a block off its Black Sea coastline for gas and oil to the other two rights holders.After the transfer, a unit of French oil company Total would hold 57…

Global Offshore's Pre-Lay Plough Passes Kriegers Flak Test with Flying Colors

Jun 15, 2020

Offshore services provider Global Offshore, has completed its first phase of work at Vattenfall’s Danish Kriegers Flak offshore wind farm site offshore Denmark, using its new pre-lay plough. The company's plough PLP240 was used for boulder clearance and pre-cut trenching…

Offshore Oil Producer Fieldwood Energy Sued over $19.2M Bond Collateral

Jun 15, 2020

Offshore oil producer Fieldwood Energy on Thursday was sued by an insurance provider for allegedly failing to post $19.2 million in collateral for performance bonds, according to a Texas state court filing.Aspen American Insurance Company issued the bonds roughly two years ago…

Norway Opens Two Areas for Offshore Wind in the North Sea

Jun 12, 2020

Norway has opened two areas for offshore wind power developments in the North Sea, including one along its maritime border with Denmark, the energy ministry said on Friday.Western Europe's largest oil and gas producer generates most of its electricity from hydropower and normally has a surplus…

Saitec, BiMEP to Test Floating Wind Foundation Off Spain

Jun 12, 2020

Saitec Offshore Technologies and the open sea test site Biscay Marine Energy Platform (BiMEP) have signed a contract to install Saitec's floating wind foundation off the coast of the Bilbao area in the North of Spain as part of the project named DemoSATH…

Neptune Gets License to Drill Wildcat Duo Off Norway

Jun 12, 2020

Neptune Energy has secured a regulatory consent to drill two wildcat wells at the Dugong prospect in the North Sea, offshore Norway.The consent, granted by the Norwegian Petroleum Directorate, concerns the drilling of wells 34/4-15 S and 34/4-15 A…

Seafox's Push to Appoint Directors to GMS Board Rejected

Jun 12, 2020

Dutch offshore jack-up company Seafox has had its push to appoint two directors to the board of the UAE-based jack-up provider Gulf Marine Services, rejected.Seafox, a shareholder at GMS, on Thursday said it had written to Gulf Marine Services…

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