Offshore Activity - page 865


Offshore Oil Rig Infection Exposes Coronavirus Dangers

Mar 12, 2020

Equinor reported the oil industry's first coronavirus infection on an offshore installation on Wednesday, highlighting the challenge in preventing contamination for thousands of workers living in the close quarters on rigs and platforms.A worker…

Guyana Still Searching for Partner to Market Its Oil

Mar 12, 2020

Guyana has extended the initial deadline in its search for an agent to market its share of oil produced by an Exxon Mobil-led consortium to March 24, the Department of Energy said on Wednesday.Guyana has no domestic refining capacity or national…

Santos Sells 25% in Darwin LNG and Bayu Undan Field for $390M

Mar 12, 2020

Australia's oil and gas company Santos will sell a 25% interest in Darwin LNG and Bayu Undan gas condensate offshore field to SK E&S for US$390 million with effect from October 1, 2019 with customary adjustments on completion.Santos also said…

ESA Nod for Norway's Floating Wind Farm

Mar 11, 2020

The EFTA Surveillance Authority (ESA) has approved Norway’s state aid to the 88MW Hywind Tampen floating offshore wind project in the Norwegian North Sea.'Norway's initiative to reduce CO2 emissions by building a floating offshore wind farm consisting of 11 wind turbines…

DOF Nabs Three North Sea Contracts

Mar 11, 2020

Offshore vessel owner DOF has won contracts and extensions for three of its offshore support vessels.First, DOF said Monday it had won an extension for the Skandi Barra platform supply vessel by the undisclosed client for approximately four months…

Long-Term Charters for Island Offshore PSV Sextet

Mar 11, 2020

Norwegian offshore vessel owner Island Offshore has secured long-term contracts and extensions for six of its platform supply vessels.First, the company said Wednesday it had won long term contracts with oil company Lundin Petroleum for the…

Norwegian Oil Regulator Restricts Visits on Coronavirus Fears

Mar 11, 2020

Norway's oil and gas industry regulator has introduced restrictions with regard to the presence in its offices for persons who have been in areas with the prolonged spread of coronavirus.'If you have been in these areas during the last 14 days…

Petronas Selling Two Offshore Units at Online Marketplace

Mar 11, 2020

AllSurplus, an online auction marketplace owned by Liquidity Services, is currently marketing two offshore production units from Petronas in a private treaty sale.The company said Tuesday that the two assets are 30,000 BFPD Self-Elevating Mobile…

Triangle Resumes Cliff Head Output After Halt Caused By Electrical Fault

Mar 11, 2020

Triangle Energy has restarted production at the Cliff Head Alpha Platform offshore Western Australia, following a halt caused by an electrical fault in February.'Production resumed on 10 March 2020 and following a thorough testing and inspection program over the last 24 hours…

Oil Crash Makes Wind Power Firm Nordics' Biggest Energy Company

Mar 11, 2020

The oil price crash has led to Danish offshore wind developer Orsted overtaking Norwegian oil major Equinor as the most valuable energy company in the Nordics, highlighting the appeal to investors of renewables over fossil fuels. Shares in Equinor…

UK: OGA Halts North Sea Licensing Rounds

Mar 11, 2020

Britain's Oil and Gas Authority has halted its licensing rounds for offshore exploration acreage in the North Sea at least until next year, it said on Tuesday.'The OGA have temporarily paused Licence Round activity... There will be no Round in 2020/21…

Coronavirus Case Confirmed on Equinor's Offshore Project in Norway

Mar 11, 2020

One person has tested positive on the coronavirus at Equinor's Martin Linge offshore platform in the Norwegian Part of the North Sea.'The person is not seriously ill. Equinor is in dialogue with the Norwegian health authorities about further measures…

Chevron Studies Spending, Production Cuts in Face of Oil Rout

Mar 10, 2020

Chevron said it is looking at ways to cut spending, which could lead to lower near-term oil and gas production, following the recent collapse in the oil price. The U.S. company is the first oil major to confirm it is reassessing its spending in the wake of the price collapse…

BP Taps TechnipFMC for Platina Field Subsea Hardware

Mar 10, 2020

Oilfield services firm TechnipFMC has said it won a 'significant' integrated engineering, procurement, construction, and installation contract from BP in Angola. For Technip - 'significant' contract is between $75 million and $250 million.Under the contract…

Equinor Gets Nod for Gabriel Prospect Drilling

Mar 10, 2020

Equinor Energy has received approval from the Norwegian Petroleum Directorate to drill a wildcat well in the North Sea, offshore Norway.The company will use the West Hercules semi-submersible drilling rig to drill the Gabriel prospect exploration well formally named well 35/10-5…

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