Offshore Activity - page 719


Former Petronas Exec to join EnQuest Board

Oct 23, 2020

UK-based, the North Sea and Malaysia focused, oil and gas company EnQuest said Friday it intended to appoint Farina Khan as a Non-Executive Director of the EnQuest Board with effect from November 1, 2020. On joining the Board, Farina Khan will…

Bangladesh Cancels LNG Import Tender over High Prices

Oct 23, 2020

Bangladesh is canceling another tender to import liquefied natural gas (LNG) in December, as it received one offer to supply the shipments that were too expensive, a senior energy ministry official said on Friday.The offer from the Asian unit of Vitol to supply 138…

Ørsted's North America CEO Joins Shell's Renewables Division

Oct 23, 2020

Royal Dutch Shell has hired Ørsted's North America Chief Thomas Brostrom as Senior Vice President for its Global Renewable Solutions department starting next year, a Shell spokesman said on Friday.Shell is cutting around a tenth of its workforce…

Turkey May Work with Foreign Companies to Bring Online Giant Black Sea Gas Find

Oct 23, 2020

Turkey may cooperate with foreign firms to bring online its giant gas find in the Black Sea, made in August this year.As reported by Reuters, the country's energy minister Fatih Donmez said on Thursday that Turkey would operate the gas field…

BW Offshore Liquidates Subsidiary after FPSO Stuck in New Zealand for Months

Oct 23, 2020

Oslo-listed FPSO leasing specialist BW Offshore is liquidating its New Zealand subsidiary operating the FPSO Umuroa, stuck in New Zealand for months after the termination of the charter and the liquidation of its client Tamarind Resource. Tamarind…

Brazil: Karoon Gets ANP Approval to Take Over Bauna Field

Oct 23, 2020

Australian oil and gas company Karoon Energy said Friday that the Brazilian national oil regulator ANP had approved, with conditions, Karoon's acquisition of the Bauna offshore field from Petrobras.The field is located in shallow waters in the Santos Basin in concession BM-S-40…

Gallery: Nexans Aurora Fitted With Cable Lay Equipment

Oct 23, 2020

Norwegian offshore shipbuilder Ulstein, constructing the Nexans Aurora cable layer for Nexans, has this week said that the installation of Maats cable laying equipment on the vessel has begun.Per Ulstein, Maats’ & Marine Fabricators’ installation team arrived on site on October 14…

Trump, Biden Clash Over Climate, Oil Industry in Final Debate

Oct 23, 2020

Republican President Donald Trump and Democratic challenger Joe Biden clashed over the country's response to climate change in their final presidential debate on Thursday, which included a stark disagreement over the future of the oil industry…

Equinor CFO Resigns

Oct 23, 2020

Norwegian energy company Equinor said Friday its CFO Lars Christian Bacher would resign from his position.Bacher has been with Equinor since 1991, holding a number of leadership positions over the years, including as offshore installation manager…

NKT Repairs Subsea Power Cables between Norway and Denmark

Oct 22, 2020

Offshore cable specialist NKT has completed the repair of two power cables Skagerrak 1 and 2 between Norway and Denmark, and the cables are now back in operation.The national power grids between Denmark and Norway are connected through four…

GE's Giant Haliade-X Offshore Wind Turbine Prototype Now Operates at 13MW

Oct 22, 2020

The world's largest offshore wind turbine in operation, GE's Haliade-X prototype, has been upgraded, or 'uprated' and is now operating at a 13 MW power output.The Haliade-X wind turbine prototype has been spinning in Rotterdam since November 2019…

Emerson's Automation Tech for BP's Caspian Sea Platform

Oct 22, 2020

Engineering services giant Emerson has won a $14 million contract to provide automation technologies for the new Azeri Central East offshore platform in the Caspian Sea, the latest development in the Azeri-Chirag-Deepwater Gunashli oilfield…

New CEO Named for Ørsted Offshore North America

Oct 22, 2020

Denmark-based offshore wind giant Ørsted has appointed David Hardy as new CEO of its U.S. subsidiary Ørsted Offshore North America. Hardy, who becomes CEO after previously serving as COO, will replace Thomas Brostrøm who has led Ørsted Offshore North America since the summer of 2015As CEO…

Petrobras Boosts Output Forecast

Oct 22, 2020

Brazilian state-run oil company Petrobras said on Tuesday that 2020 production should exceed previously disclosed estimates, as the firm ramps up production at some of its most prolific offshore oilfields.Petroleo Brasileiro SA, as the company is formally known…

Australia: Santos 3Q Revenue Drops on Lower Gas Prices

Oct 22, 2020

Australia’s Santos Ltd said on Thursday third-quarter revenue slid nearly 23%, hit by a drop in realized gas prices because of the COVID-19 pandemic.The country’s no. 2 independent gas producer said sales revenue came in at $797 million for the quarter ended September…

Current News

Unique Group Celebrates 30 Years of Innovation

Talos Energy Makes Leadership Team Changes

SOVs – Analyzing Current, Future Demand Drivers

Equinor Cleared for Drilling Ops at Johan Castberg Field with Transocean Enabler Rig

Subscribe for OE Digital E‑News