Offshore Activity - page 532


Prosafe Has to Pay $53M to Westcon for Rig Conversion. Court Dismisses Appeal

Aug 27, 2021

Prosafe, an Oslo-listed offshore accommodation rig provider, has to pay around $53 million to Westcon yard as its appeal over an April court ruling related to a dispute concerning the conversion of one of its flotels was dismissed.Stavanger…

Mavenir Assisting Vilicom to Deliver Mobile Network for UK Offshore Wind Farm

Aug 27, 2021

UK wireless telecommunications provider Vilicom is using network software provider Mavenir's MAVair suite as an important element of deploying the UK's first private offshore LTE network for wind farm communications and connectivity, Mavenir said…

First US-built Offshore Wind Substation to be Constructed in Texas

Aug 27, 2021

Offshore wind developer Ørsted and its partner Eversource have selected Kiewit to construct an offshore wind substation, which will be deployed at their South Fork Wind project serving New York’s Long Island. This will be the first US-built offshore wind substation…

Petronas Swings to 2Q Profit. CEO Says Oil Market Recovery 'Fragile'

Aug 27, 2021

Malaysian state energy giant Petronas announced a flip to a second-quarter profit on Friday on the back of a recovery in prices and demand, but said it will be a 'long, drawn out process' before the industry returns to pre-pandemic levels.Petronas…

Oil Firms Race to Complete Gulf of Mexico Evacuations as Major Storm Approaches

Aug 27, 2021

U.S. oil and gas companies on Friday raced to complete evacuations from offshore Gulf of Mexico platforms as Tropical Storm Ida advanced towards oilfields that provide 17% of the nation's oil production.The storm early Friday was about 50 miles…

Ex-Total E&P Denmark Boss to Lead Green Transition of Ramboll's Oil & Gas Division

Aug 27, 2021

Danish engineering firm Ramboll has appointed Patrick Gilly, a former Managing Director of Total E&P Denmark as director to lead the green transition of its oil and gas services business.'The green transition is high on the agenda in Ramboll…

Near-term Outlook for Deepwater Floating Production Systems is Excellent

Aug 27, 2021

Near-term prospects for the deepwater sector are excellent. That’s the conclusion of an in-depth market analysis of the floating production market just completed by IMA/WER in the August 2021 Floating Production Systems Report.Asked what is driving the positive sentiment…

Spirit Energy Gets Approval to Remove Ensign Offshore Platform

Aug 27, 2021

The UK Government has approved Spirit Energy's decommissioning program for the Ensign platform in the Southern North Sea.The normally unmanned platform, comprising a steel jacket and topsides, is located at Ensign field, approximately 109 km…

TGS Expands Data Coverage for U.S. Offshore Wind

Aug 27, 2021

Norwegian company TGS has this week said it has expanded its coverage of numerical weather prediction (NWP) model data for offshore wind in the U.S.TGS, best known as a provider of seismic data to oil companies, is working to diversify, and…

Woodside, Oil Majors, Work to Overturn $723M Timor Sea Field Decommissioning Levy

Aug 27, 2021

Woodside Petroleum said on Friday it is working with other companies on a plan to replace a proposed Australian government levy that would make offshore producers pay for the clean up of an abandoned oilfield in the Timor Sea.The government…

Environmental Concerns: Shareholder Asks Petrobras to Skip Offshore Oil Tender

Aug 27, 2021

Anapetro, an association of shareholders in Brazil’s Petrobras who are also employees, on Thursday publicly asked the state-run oil company to skip an upcoming auction of an oil area near coral reefs, due to environmental concerns.In a public letter to company management…

Global Maritime, BP Sign 3-Year Deal

Aug 27, 2021

Marine, offshore, and engineering consultancy Global Maritime has recently signed a Framework Agreement with BP to provide the oil firm with specialist marine services.The HitecVision-backed firm said that the three-year frame agreement would cover marine vessel assurance…

PGS Wraps Phase 2 of Côte d’Ivoire MegaSurvey

Aug 27, 2021

Norwegian seismic acquisition company PGS, has in partnership with PetroCi and Direction Générale des Hydrocarbures, wrapped up phase two of the Côte d’Ivoire MegaSurvey, adding 9 897 sq. km of 3D and 24 632 km 2D in the Tano Basin. Data from phases 1 and 2 have been matched…

Shell Shuts Production at Four Gulf of Mexico Platforms as Storm Ida Approaches

Aug 27, 2021

Royal Dutch Shell Plc is shutting production at four Gulf of Mexico offshore platforms and evacuating all workers from those locations because of the threat from Tropical Storm Ida, the company said on Thursday night.The Ursa, Mars, Olympus…

US Offshore Oil Workers Flee as Storm Approaches Gulf of Mexico

Aug 26, 2021

U.S. energy companies on Thursday began airlifting workers from Gulf of Mexico oil production platforms and moved vessels from the path of what could become a devastating hurricane by the weekend.A storm is brewing in the Caribbean Sea and is…

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