Norwegian oil firm Aker Energy, which operates the Pecan offshore oil field development offshore Ghana, is not giving up on the project, despite having recently delayed a Final Investment Decision 'indefinitely' due to the plunge in oil prices…
Hokchi Energy, a subsidiary of Argentina's Pan American Energy, has terminated the charter of Grupo R's jack-up rig Cantarell III earlier than originally planned.Having arrived from Singapore earlier this year, the newbuild offshore drilling…
Royal Dutch Shell Plc and Murphy Oil Corp began evacuating non-essential workers from the U.S. Gulf of Mexico on Thursday because of the threat from Tropical Storm Cristobal.Shell said its production and drilling operations in the U.S.-regulated northern Gulf were unaffected despite the evacuations…
Premier Oil will issue discounted shares to activist hedge fund ARCM representing 8.91% of the company to pay for North Sea assets from BP, which agreed to reduce the price, Premier said on Friday.ARCM, which owns around 15% of Premier's debt and has a large short position in its shares…
Offshore installation contractor Subsea 7 has confirmed the award of 'a substantial' contract by Vattenfall for the Hollandse Kust Zuid (HKZ) 1-4 offshore wind farm project in the Dutch North Sea.The two companies had in April signed a conditional…
Offshore wind developer Vattenfall has given the green light for the 1,500 MW offshore wind farm in the Dutch North Sea.The offshore wind farm, named, the Hollandse Kust Zuid 1-4, will be the largest of its kind worldwide, when fully operational in 2023…
Brazilian federal court has ordered state-run oil company Petrobras SA to rename one of its biggest offshore oil fields currently named 'Lula', the special secretary of privatization at the Economy Ministry, Salim Mattar, said late on Wednesday…
Norwegian seismic survey company Axxis Geo Solutions (AGS) has signed the final contract for the additional scope of work for Equinor in the North Sea.AGS early in May said it had reached a deal with Equinor to carry out an ocean bottom node survey for Equinor over a 30-day period…
Danish wind farm developer Ørsted and Belgium installation contractor DEME Offshore have completed the installation of the 94 foundations at the Borssele 1&2 offshore wind farm location in the Dutch North Sea.The foundations were installed by DEME’s installation vessel ‘Innovation’…
The British government has turned down an application by Vattenfall to build an extension to its Thanet offshore wind farm, citing potential navigational risks.Vattenfall applied to build an offshore wind power station of up to 340 megawatts…
Singapore’s first LNG bunkering vessel has hit the water in Keppel Nantong Shipyard in China. The vessel was moved from land to water on May 28, 2020.The news was shared earlier this week by the vessel-owner FueLNG, a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum…
Drilling and engineering company KCA Deutag has named Ole Maier its new President of Offshore Business Unit.Maier, who has most recently served as Executive Vice President for Odfjell Drilling's Platform Drilling Operations, has succeeded KCA Deutag's Rune Lorentzen who will be retiring…
Norwegian oil and gas investment, a key economic driver, is expected to decline sharply in 2021 after rising less than previously anticipated this year, an industry survey by the national statistics agency (SSB) showed on Thursday.The biggest…
Offshore installation firm Allseas has started pipelaying operations at the Lingshui 17-2 gas field in the South China Sea using two of its vessels Audacia and Calamity Jane. It is interesting to note that, while the company has over the years conducted work around the globe…
Offshore wind farm installation firm Swire Blue Ocean (SBO) has said that its Pacific Osprey jack-up is officially returning to operations with an extended crane boom designed to install the latest generation of wind turbines. 'With this upgrade…