Activity News


Stena Spey Semi-Sub Selected for Kinsale Field Decommissioning Gig

Sep 01, 2020

Ireland's PSE Kinsale Energy has hired Stena Drilling's Stena Spey semi-submersible drilling rig for a decommissioning campaign at the Kinsale field offshore Ireland.To remind, Kinsale area offshore gas fields in the Celtic Sea officially ceased production last month after more than 40 years online…

Seriously, UK Oil Firms Will Struggle to Find Semi-subs for Work in 2021

Sep 01, 2020

E&P companies planning drilling campaigns in British waters next year could face a surprisingly small selection of semisubs to choose from due to ever-shrinking ready supply in the segment.Too many rigs and not enough work has been the norm…

All Foundations In Place for Denmark's Largest Offshore Wind Farm

Sep 01, 2020

Offshore wind developer Vattenfall has said that all foundations have now been installed at its Kriegers Flak offshore wind farm site in the Danish sector of the Baltic Sea.The last foundation - of 72 in total - was installed on Friday, August 28…

Equinor Taps into DUG's Tech for Seismic Processing

Sep 01, 2020

Norwegian energy giant Equinor has signed a multi-year deal with supercomputer group DUG Technology, covering seismic processing and imaging technology.Under the agreement, DUG says, Equinor will replace existing third-party technology with an integrated solution using DUG McCloud…

Akselos Deploys Structural Digital Twin on Shell's Bonga FPSO

Sep 01, 2020

Swiss-based digital twin specialist Akselos has deployed structural Digital Twin for Shell’s Bonga Main FPSO, located 120km Southwest of the Niger Delta in Nigeria.  The Digital Twin is a physics-based model of the asset, which represents its…

OMV Petrom Enters Han-Asparuh Block in Black Sea

Sep 01, 2020

Romania's OMV Petrom has acquired a 100% of the shares in OMV Offshore Bulgaria OMV, and entered the Han-Asparuh exploration block in Bulgaria.Following Spanish Repsol's exit, the Bulgarian regulator approved the allocation of Repsol's 30% participating interest to the remaining two partners…

Subsea 7 Nets "Sizable" Contract Offshore Trinidad

Sep 01, 2020

Oslo-listed offshore services company Subsea 7 has won a 'sizable' contract for work offshore Trinidad & Tobago. This means the value of the contract falls between $50 million and $150 million.Subsea 7, which did not say who the client was, said the contract was for the project management…

Total, Macquarie’s GIG Form Floating Offshore Wind JV in South Korea

Sep 01, 2020

French oil giant Total and Macquarie’s Green Investment Group (GIG) are forming a joint venture to develop a portfolio of 5 large floating offshore wind projects in South Korea with a potential cumulated capacity of more than 2 gigawatts (GW)…

Turkey Extends Exploration in Disputed Eastern Mediterranean

Aug 31, 2020

Turkey said on Monday that its Oruc Reis exploration vessel will carry out seismic surveys in a disputed area of the eastern Mediterranean until Sept. 12, provoking an angry response from neighboring Greece.Turkey and Greece, NATO allies, vehemently…

Ex-CEO of Schlumberger Joins McDermott Board

Aug 31, 2020

Andrew F. Gould, former Chairman and Chief Executive Officer of Schlumberger has joined the board of directors of offshore engineering services firm McDermott.Gould has more than 40 years of experience in the global oil and gas industry. Following his 37-year career with Schlumberger…

Storm Knocks Out U.S. Gulf of Mexico Gas Pipeline

Aug 31, 2020

An offshore natural gas pipeline that serves four major U.S. Gulf of Mexico production platforms remained out of commission on Monday, pipeline operator Enbridge Inc said, following Hurricane Laura's destructive path through the area.Energy…

VIDEO: Pioneering Spirit Brings Ninian Northern Topside to Lerwick

Aug 31, 2020

Pioneering Spirit, one of the world's largest vessels, reached Lerwick Harbour on Friday, August 28, carrying aboard the 14,200 tonne Ninian Northern Platform topside.Prior to the arrival in Lerwick, the giant catamaran had removed the Ninian…

Principle Power Joins DeepWind Cluster

Aug 31, 2020

Principle Power, the developer of WindFloat - a floating wind turbine foundation - will join the DeepWind, a Scottish supply chain cluster, described as the largest offshore wind representative body in Scotland with over 400 members.According to the DeepWind cluster's website info…

EU Calls for End to Tensions in East Mediterranean

Aug 31, 2020

The European Union's executive called on Monday for dialogue with Turkey and demanded that Ankara refrains from unilateral steps that stoke tensions in eastern Mediterranean.Should dialogue not bear fruit, a spokesman for the European Commission told a briefing on Monday…

Brent Crude at Five-month High on Abu Dhabi Output Cuts

Aug 31, 2020

Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese data even as global demand struggles to return to pre-COVID levels in a well-supplied market.Brent crude futures for November advanced to $46…

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