Activity News

 

Guyana Opts Against Long-term Oil Supply Deal with India

Aug 10, 2021

Guyana's Natural Resources Ministry said on Monday the country earned nearly $80 million from a July crude cargo sold to an Indian refiner, the highest figure since exports began in early 2020, though an official ruled out a long-term supply deal…

DNO Spuds Gomez Offshore Well

Aug 10, 2021

Norwegian oil and gas company DNO has started drilling at the Gomez exploration well on the PL006C license offshore Norway.The well was spudded over the weekend using the Borgland Dolphin semi-submersible drilling rig. It will be drilled to a depth of around 3…

Aker BP Installs Hod Platform

Aug 10, 2021

Norwegian oil company Aker BP has installed the Hod platform topsides in the North Sea, offshore Norway.In cooperation with Aker Solutions and ABB, Aker BP placed the 2000-tonne topsides on the jacket on the Hod field in the southern part of the North Sea on Sunday…

DUG Software for PXGEO's Seismic Vessel

Aug 10, 2021

Australian supercomputer group DUG has signed an agreement with offshore seismic services firm PXGEO for the provision of software onboardtheir marine seismic vessel PXGEO 2.'The company will provide its DUG Insight software for real-time data…

Edvard Grieg Tie-Back: Lundin Starts Production From Rolvsnes Offshore Field

Aug 10, 2021

Lundin Energy, a Swedish oil firm focused on the Norwegian Continental Shelf, on Tuesday said it had started production from the Extended Well Test (EWT) at its Rolvsnes offshore field, the first subsea tie back development for the Edvard Grieg platform…

Cameroon: Tower Resources to Farm Out Stake in Thali Block to Beluga

Aug 10, 2021

Africa-focused oil and gas firm Tower Resources has signed an agreement to farm out some of its stake in the Thali block offshore Cameroon to Beluga Energy Limited.Under the binding Heads of Agreement, Beluga will take a 49% non-operating working interest in Thali Production Sharing Contract…

Petrobras Charters Solstad CSV in Brazil

Aug 06, 2021

Norwegian offshore service and supply ship shipping company Solstad Offshore announce it has secured a new contract for one of its construction support vessels (CSV) with Petrobras offshore Brazil. Financial details of the deal were not disclosed…

IOG Spuds Blythe Development Well

Aug 03, 2021

U.K. gas company IOG announced the spudding of the Blythe development well in the U.K. North Sea.Following Elgood, Blythe is the second development well in IOG's Phase 1 project and is expected to take under three months to drill and complete…

China Starts Production at 100,000 DWT Deepwater Semi-sub FPSO

Aug 02, 2021

China Classification Society (CCS) is reporting the successful surveying of the world’s first 100,000 DWT deep-water semi-submersible floating production storage and offloading installation (FPSO).Dubbed Shen Hai Yi Hao, the platform is formally…

TetraSpar Floating Wind Demonstrator Reaches Test Site in Norway

Jul 30, 2021

The TetraSpar floating wind foundation, developed by Stiesdal Offshore Technology, has arrived at the Marine Energy Test Centre, near Stavanger, southeast Norway. The foundations have been fitted with a 3.6MW wind turbine.The news was shared…

Mainstream Renewable Power, Siemens Bid in Scotland's Offshore Wind Leasing Round

Jul 30, 2021

Renewable energy developer Mainstream Renewable Power and Siemens Financial Services said on Friday they jointly bid to build offshore wind capacity in the ScotWind leasing round.The companies did not disclose how much capacity they intend to build if their bid is successful…

Chevron Posts Highest Profit in Six Quarters. Moves to Reward Investors

Jul 30, 2021

Chevron Corp on Friday reported its highest profit in six quarters and joined an oil industry stampede to reward investors with share buybacks, as rebounding crude oil prices carried earnings and cash flow to pre-pandemic levels.Oil and gas…

Partners Sell Beatrice Offshore Wind Farm's Transmission Assets

Jul 30, 2021

The consortium owning the Beatrice Offshore wind farm off the coast of Scotland, has signed an agreement to sell the 588MW wind farm's Offshore Transmission Assets (OFTO) to Transmission Capital Partners.The buyer is a consortium comprising International Public Partnerships Limited…

PHOTO: Offshore Wind Blade for MingYang's 11MW Turbine Rolls of Production Line

Jul 30, 2021

China's MingYang is making progress will its MySE 11MW-203 offshore wind turbine development.The company said Friday via social media that its MySE 11-99A1 blade for the 11MW turbine had rolled off the production line at the Guangdong Shanwei offshore blade production facility on Thursday…

Saipem Posts 1H Loss. Expects Sales Pick-up in 2H

Jul 30, 2021

Italian energy services group Saipem on Friday forecast a sales pick-up in the second half after posting an operating loss in the first six months, hurt by the impact of the COVID-19 pandemic and problems with a wind project.The group posted…

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