Activity News

 

TechnipFMC Says Vessel Contract with Petrobras 'Significant'

Sep 01, 2021

Oilfield services giant TechnipFMC has shed more light on vessel contracts it recently secured with Petrobras in Brazil in cooperation with the Norwegian offshore vessel owner DOF.DOF last week said it had, in JV with TechnipFMC, secured three…

Global Underwater Hub Appoints Its First Chair

Sep 01, 2021

Global Underwater Hub, a newly formed UK-based subsea industry organization, has appointed Andrew Hodgson, a former CEO of Tyneside-based subsea engineering firm Soil Machine Dynamics, as its first chair. Hodgson will take up the role as the…

NOIA Welcomes Restart of Offshore Lease Sales as a Boost to Jobs, Gov't Revenues

Sep 01, 2021

After the Biden administration on Tuesday said it would resume oil and gas lease sales, paused since January, National Ocean Industries Association (NOIA) said the move was good news for jobs and government revenues, and 'in no way a setback for climate progress…

Okea's Shares Rise after Norwegian Gov't Proposes Oil Tax Overhaul

Sep 01, 2021

Shares in Norwegian oil company Okea rose 4.7% at the opening of trading on the Oslo bourse on Wednesday, a day after the Norwegian government proposed changes to the petroleum tax system.The coalition led by Prime Minister Erna Solberg proposed…

Aker BP to Lower North Sea Discovery Size Estimate after Appraisal Well Disappoints

Sep 01, 2021

Aker BP is set to lower the size estimate of the 2019-made Liatårnet discovery in the Norwegian part of the North Sea, after the related appraisal well hit lower than expected hydrocarbon volumes.The company said that pending further analysis…

Danish Offshore Vessel Owner Looking to Recruit 50 Seafarers

Sep 01, 2021

Danish offshore vessel owner Esvagt is looking to recruit around 50 seafarers on the back of recently awarded contracts with energy giant TotalEnergies.'New long-term contracts with TotalEnergies on seven vessels for operations in the North…

Van Oord Set to Install Italy's First Offshore Wind Farm

Sep 01, 2021

Dutch offshore installation firm Van Oord has secured a contract to install offshore wind turbines at Italy's first offshore wind farm.The company's offshore installation vessel MPI Resolution has this week set sail to Italy where it will install the monopiles…

VAALCO's Partners Approve FSO/FPSO Swap Offshore Gabon

Sep 01, 2021

Africa-focused oil and gas company VAALCO Energy said Wednesday that its partners in the Etame field offshore Gabon had approved the plan to charter an FSO to replace the FPSO currently deployed at the Etame field.VAALCO, which first announced the FSO charter plans on August 26…

U.S. to Resume Oil Drilling Auctions to Comply with Court Order

Sep 01, 2021

The Biden administration announced plans on Tuesday to open millions of acres for oil and gas exploration as the White House sought to comply with a court order requiring it to resume lease auctions.The move, which includes some 80 million…

Jersey Oil & Gas Delays Greater Buchan Plans to Allow for Electrification Studies Completion

Aug 31, 2021

Jersey Oil & Gas, a UK-based company that is working to build its Greater Buchan Area oil production hub project in the UK North Sea said Tuesday it would delay the first oil date to allow for regional electrification studies to be completed…

Indonesia: SKK Migas Approves Plans for Ubadari Gas Field and Vorwata CCUS Project

Aug 31, 2021

Indonesian oil and gas regulator SKK Migas has approved the Plan of Development (POD) for the Ubadari gas field and Vorwata Carbon Capture Utilization and Storage (CCUS) project, as the next stage of development at the Tangguh LNG project in Papua Barat…

VIKING Launches In-Tower Evacuation Kit for Offshore Wind Turbine Workers

Aug 31, 2021

Maritime and offshore safety equipment maker VIKING Life-saving Equipment has launched a self-contained evacuation kit for offshore wind turbine service technicians. The company said the kit is easily accessible and stored in the wind turbine tower…

Borr Drilling Secures Contracts for Rig Duo in W. Africa

Aug 31, 2021

Shallow water drilling contractor Borr Drilling said Tuesday it had recently secured awards for two offshore rigs in West Africa.'In late August 2021, the company entered into two LOA/LOIs which have previously not been announced for two rigs…

MAN Energy Solutions' Subsea Compressors for Chevron's Jansz-Io Project in Australia

Aug 31, 2021

Norwegian firm Aker Solutions has awarded MAN Energy Solutions the contract to supply subsea compressor units for Chevron's Jansz-Io Compression (J-IC) Project offshore Western Australia.The Jansz-Io field was first discovered in April 2000 and is a part of the Gorgon project…

IKM Acona CEO to Become Magseis Fairfield CFO

Aug 31, 2021

Ocean bottom seismic (OBS) specialist Magseis Fairfield said Tuesday that Stig Hognestad, currently CEO of IKM Acona, would succeed Mark Ivin as CFO on December 1, 2021.Carel Hooijkaas, CEO of Magseis Fairfield said: 'Over the last two years…

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