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Archer in 5-Year Drilling Services Deal with Aker BP

Nov 24, 2020

Oslo-listed oilfield services provider Archer has won a five-year contract with the Norwegian oil company Aker BP.The contract is for the provision of platform drilling operations and maintenance services on the Ula and Valhall installations in the Norwegian sector of the North Sea…

Ørsted Plans to Build 1.6GW Offshore Wind Projects Near Incheon, South Korea

Nov 24, 2020

Danish offshore wind farm developer Ørsted on Tuesday said it would develop South Korean offshore wind projects with a potential capacity of up to 1.6GW off the coast of Incheon City. Ørsted said its projects in Incheon could provide clean energy to 1…

Offshore Driller Noble Says Reorganization Plan Gets Court Approval

Nov 23, 2020

Offshore drilling contractor Noble, which filed for chapter 11 bankruptcy protection in August, said Monday that its restructuring plan had received court approval. The offshore drilling company changed its name earlier this month from Noble Corp…

Ivory Coast: Foxtrot to Spend $315M to Increase Its Gas Output

Nov 23, 2020

Ivory Coast-based energy firm Foxtrot International will invest $315 million to increase its gas output by a third by 2022 to meet the West African nation's growing power needs, the firm's general manager told Reuters on Monday.Ivory Coast,…

Vår Energi Gets OK to Drill Production Wells at Goliat Field

Nov 23, 2020

Norwegian oil and gas company Vår Energi has been given consent to use Saipem's Scarabeo 8 drilling rig on the Goliat oil field in the Barents Sea, off Norway.Vår Energi will use the semi-submersible drilling rig for production drilling on the Goliat field…

Ocean Infinity to Expand Armada Fleet with 'World's Largest' Robotic Vessels

Nov 23, 2020

Marine and offshore survey company Ocean Infinity, which recently announced plans to build the world's largest fleet of unmanned surface vessels - the Armada, is now adding what it says are 'world's largest marine robotic vessels' to the Armada fleet…

BP Agrees $332M Sale of London HQ

Nov 23, 2020

BP has agreed to sell its London headquarters for 250 million pounds ($332 million), a spokesman said on Friday, the latest in a string of disposals as the British energy company shifts to low-carbon energy.BP also agreed to lease 1 St James's…

Turkey Extends Seismic Survey in Contested Waters in Eastern Mediterranean

Nov 23, 2020

Turkey said it was extending the seismic survey work being carried out by its Oruc Reis ship in a disputed part of the eastern Mediterranean until Nov. 29, a move that could add to tensions in the region.NATO members Turkey and Greece are locked…

Seacat Services Orders Two Crew Transfer Vessels

Nov 23, 2020

UK-based offshore wind farm support vessel operator, Seacat Services has ordered two more Chartwell 24 crew transfer vessels.The two vessels – to be named Seacat Sceptre and Seacat Sovereign – are designed by Chartwell Marine, and will be the…

AqualisBraemar to Acquire LOC Group

Nov 23, 2020

Offshore energy and marine consultancy AqualisBraemar will acquire marine and engineering consulting firm LOC Group (London Offshore Consultants).Oslo-listed group AqualisBraemar, which offers consultancy services to the offshore energy industries…

Equinor Taps Aker Solutions for Offshore Maintenance Work in Brazil

Nov 23, 2020

Norwegian energy industry services provider Aker Solutions has won a framework agreement with Equinor to provide maintenance and modifications services at the Peregrino field, offshore Brazil. The contract has a fixed period of four years and includes an option for a two-year extension…

Odfjell Drilling, Equinor Firm Up Offshore Drilling Deals in Norway

Nov 23, 2020

Norwegian offshore drilling contractor Odfjell Drilling has signed firm drilling contracts with Equinor for the use of two of its offshore drilling rigs in Norway.The contracts are for the use of the Deepsea Atlantic semi-submersible drilling…

RWE Sells 49% Stake in Humber Gateway Wind Farm for $863M

Nov 23, 2020

Renewable energy giant RWE has agreed to sell to Greencoat a 49% stake in the Humber Gateway wind farm offshore the UK for GBP 648 million ($863 million). 'The disposal is part of RWE’s capital rotation program and the proceeds will be used to finance further growth in the renewable energy business…

BW Offshore, New Zealand Gov't Reach Umuroa FPSO Settlement

Nov 20, 2020

FPSO operator BW Offshore has reached a settlement with the New Zealand government over the FPSO Umuroa, which has been stuck at the Tui field, around 50 kilometers off the coast of Taranaki, for months.BW Offshore has been unable to remove…

SeaMar Group Nets Long-Term Charter with MMT in U.S. Offshore Wind Space

Nov 20, 2020

Swedish marine survey company MMT has awarded a long-term contract for SeaMar Group's Deep Helder offshore support vessel.To contract comes following the recent six-month deal previously awarded for the vessel for work on the east coast of the U…

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