Activity News

 

Harland & Wolff Belfast Bags $74M Canadian FPSO Refurbishment Deal

Oct 20, 2023

Harland & Wolff has secured a contract with Canada-based Cenovus Energy for the mid-life upgrade of the SeaRose FPSO vessel. The base contract value is approximately £61 million (~currently around $74 million). The FPSO is expected to arrive…

DEME Group Secures New Taiwan Offshore Wind Contract

Oct 20, 2023

Belgium-based offshore installation company DEME Group said Friday it had won a new offshore wind contract in Taiwan, through its Taiwan-based affiliate CDWE.Offshore wind developer Ørsted has awarded CDWE a contract to carry out seabed levelling…

Pemex Agrees 7.82% Hike in Wages, Benefits with Union

Oct 20, 2023

Mexican state oil company Petroleos Mexicanos, known as Pemex, and its union agreed to a 7.82% hike in combined benefits and pay, according to a government statement published on Thursday.Under the agreement, Pemex workers will receive 4.16% higher salaries and 2…

Mubadala, Inpex Among Suitors for Malaysia's SapuraOMV in $1.2-bln Deal -Sources

Oct 20, 2023

Abu Dhabi state fund Mubadala Investment and Japanese oil and gas explorer Inpex are among firms competing to acquire SapuraOMV in a deal expected to be worth about $1.2 billion, according to two sources with direct knowledge.The sale of the…

VIDEO: Woodside Removes Nganhurra Riser Turret Mooring

Oct 20, 2023

The Australian oil and gas company Woodside has removed the Nganhurra Riser Turret Mooring (RTM) from the Enfield field, located approximately 52 km northwest of Exmouth in Western Australia.According to Woodside, the RTM has been lifted onto…

Final Turbine Hoisted Into Place at Innovative Dutch Offshore Wind Farm

Oct 20, 2023

Offshore wind farm developer CrossWind said Friday it had installed the 69th and final wind turbine at the Hollandse Kust Noord offshore wind farm in the Dutch section of the North Sea.The final turbine's three 97-meter-long blades were lifted into position on Thursday evening…

Equinor's North Sea Field Starts Producing Oil Ahead of Schedule

Oct 20, 2023

The Norwegian oil and gas company Equinor said Friday it had brought online the Breidablikk field in the North Sea, four months ahead of schedule and within budget, and with higher initial production than expected.Tied back to the Grane platform…

US Gulf Coast Oil Patch Gets Lucky, So Far, in Busy Hurricane Season

Oct 19, 2023

A very active Atlantic hurricane season so far this year has not sent storms across U.S. oil and natural gas fields in the northern Gulf of Mexico, sparing energy companies billions of dollars of losses and consumers higher fuel costs.The 2023…

Seatrium Delivers Shell's Whale Floating Production Unit

Oct 19, 2023

Singapore's Seatrium said Thursday it had delivered the 2019-ordered Whale Floating Production Unit (FPU) to Shell for deployment at Whale deepwater field development in the U.S. Gulf of Mexico.According to Seatrium, which was known as Sembcorp Marine went the FPU was ordered…

Finnish Police Complete On-site Probe at Damaged Baltic Sea Pipeline

Oct 19, 2023

Finnish police said on Thursday they had completed their crime scene investigation into the damage to a subsea gas pipeline between Finland and Estonia. The Balticconnector pipeline linking Finland and Estonia ruptured earlier this month in…

Transocean's Quarterly Rig Fleet Report: $745 Million in Drilling Contracts Secured

Oct 19, 2023

Deepwater drilling contractor Transocean shared Thursday its quarterly offshore rig fleet status report, in which it said it had secured $745 million worth of drilling contracts.During the period, the company secured contracts for three drillships: Dhirubhai Deepwater KG1…

Indonesia's Expanded Tangguh LNG Facility Begins Full Commercial Operations

Oct 19, 2023

BP, on behalf of the Tangguh production sharing contract partners in Indonesia, said Thursday that the first cargo of liquefied natural gas (LNG) produced by the new third liquefaction train at the Tangguh LNG facility, in Papua Barat, Indonesia…

Greenpeace Loses Legal Challenge to UK's New North Sea Oil and Gas Licenses

Oct 19, 2023

Britain's decision to authorize new licenses for oil and gas exploration in the North Sea was lawful, London's High Court ruled on Thursday, dismissing a legal challenge by Greenpeace. The environmental campaign group had argued Britain's failure…

Oil Rush in Namibia's Orange Basin: Galp Prepares for Massive 10 Billion Barrel Oil Hunt as Rig Approaches

Oct 19, 2023

Portuguese oil and gas company Galp is gearing up to start drilling a well in an offshore block in Namibia, near the giant oil discoveries made recently by TotalEnergies and Shell.In May, Galp entered into a contract with SFL Corporation for the semi-submersible rig Hercules…

Middle East Conflict Threatens Regional Gas Market, Could Affect Europe's LNG Supplies - Rystad

Oct 19, 2023

The ongoing conflict between Israel and Hamas, the Palestinian militant group, poses a serious threat to the regional natural gas market and could have knock-on effects on Europe’s liquefied natural gas (LNG) supply as winter approaches, Rystad Energy…

Current News

Equinor Extends Seadrill Drillship’s Stay off Brazil

Equinor Extends Seadrill Drill

MODEC Partners with Eld Energy, Delta to Advance FPSO Decarbonization

MODEC Partners with Eld Energy

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Conrad, Empyrean Agree Settlem

Seaway7 Secures Offshore Wind Work in Germany

Seaway7 Secures Offshore Wind

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