Activity News

 

Rosneft's Sokol Crude Oil Tender Shows Sakhalin-1 Output Recovering

Oct 25, 2022

Russia's top oil producer Rosneft has issued a tender to sell six cargoes of Sokol crude for loading in November to early December in a sign that output from the Sakhalin-1 project may be recovering following the departure of ExxonMobil, sources said…

Israel Grants Approval for Energean to Start production at Karish Offshore Gas Field

Oct 25, 2022

Israel granted Energean permission to start production at the  offshore Karish gas field on Tuesday, an Energy Ministry statement said.Energean has said its floating production storage and offloading vessel [the Energean Power - OE ] is due…

Island Drilling's Offshore Rig Lands $30M Contract with Dana Petroleum

Oct 25, 2022

Offshore drilling firm Island Drilling has signed a drilling contract with Dana Petroleum for a drilling program in the UK in 2023.For this, Island Drilling will supply its 2012-built harsh-environment semi-submersible drilling rig, Island Innovator…

Pipeline Blasts Leave Nord Stream in Insurance Limbo

Oct 25, 2022

With the mystery of the blasts that destroyed undersea gas pipelines between Russia and Germany unsolved, Nord Stream 1's insurers and reinsurers are grappling with how to respond to hundreds of millions of dollars in potential claims. Munich…

Shell Sets Spud Date for High-impact North Sea Well

Oct 25, 2022

Oil major Shell is set to spud the high-impact Pensacola well in the North Sea next month, Deltic Energy, Shell's partner in the project, said Tuesday.Shell informed Deltic Energy that preparations were underway to move the Maersk Resilient jack-up drilling rig to the Pensacola location…

Wintershall Dea Posts Q3 Income Jump, Seeks Looser Ties with Russia

Oct 25, 2022

Oil and gas producer Wintershall Dea said on Tuesday that its most closely watched measure of earnings more than doubled in the third quarter of 2022 and that it would seek to strengthen business in locations outside Russia.Wintershall Dea…

Magseis Fairfield, Fugro in Renewables, CCS Collab

Oct 25, 2022

The ocean bottom node seismic services provider Magseis Fairfield has signed a collaboration deal agreement with Dutch geotechnical services company Fugro.Under the agreement, the duo will work together on project opportunities, including wide…

Halliburton's Profit Rises as Higher Oil Prices Spark Demand for Its Services

Oct 25, 2022

Halliburton Co posted a rise in profit for the third quarter on Tuesday, wrapping up an upbeat earnings season from the world's top oilfield services providers on strong demand fueled by higher oil prices. Brent crude averaged $98.96 a barrel during the third quarter…

Rovco to Install Rock Bags at Galloper Offshore Wind Farm

Oct 25, 2022

Rovco, a provider of subsea robotic and hydrographic survey services, will deliver and install offshore rock bags at the Galloper offshore wind farm in the Outer Thames Estuary, offshore the UK.The project scope includes installing rock bags…

DOF Subsea Convicted of Breaching Health & Safety Duties During Diving Ops Offshore Australia

Oct 25, 2022

Subsea services firm DOF Subsea Australia was on Tuesday convicted of three counts of negligently breaching its health and safety requirements as an employer during saturation diving operations at an offshore field in Australia in 2017.According to Australia's offshore oil and gas safety regulator…

Kongsberg Maritime Nets Delivery Contract for Largest HUGIN AUV

Oct 25, 2022

Norway's maritime tech specialist, Kongsberg Maritime, has secured a delivery contract with an undisclosed partner for a HUGIN Endurance AUV System.HUGIN Endurance is a long-range autonomous underwater vehicle (AUV) designed for shore-to-shore operations…

COSL Bags $1,92B Worth of Offshore Drilling Service Deals in Middle East

Oct 25, 2022

Chinese offshore drilling contractor China Oilfield Services Limited (COSL) said Monday it had recently signed several long-term drilling rig service contracts in the Middle East. The contracts are worth around RMB14 billion (~$1,92 billion) in total…

Wintershall Dea Buys Stake in Hokchi Block Offshore Mexico

Oct 25, 2022

German oil and gas company Wintershall Dea has agreed to acquire a 37% non-operated participating interest in the Hokchi Block, offshore Mexico, from Hokchi Energy, a subsidiary of  Pan American Energy.Wintershall Dea will have an option to…

Sisse Mai to Leave Esvagt and Join FairWind as New CFO

Oct 25, 2022

Wind industry service company FairWind has appointed Sisse Mai as Chief Financial Officer  (CFO) and member of the Executive Management.She will join the company no later than February 1, 2023, reporting to CEO John Funch.Mai has most recently…

DNV Greenlights Aker Carbon Capture's Offshore Carbon Capture Tech

Oct 25, 2022

DNV, the independent expert in assurance and risk management, has qualified Aker Carbon Capture's Just Catch Offshore modularized carbon capture facility for offshore installations.According to Aker Carbon Capture, the solution is now ready…

Current News

Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

ADNOC, RWE Explore LNG Supply

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

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