Offshore Activity - page 576


Malaysia: Handal Wins 5-year Crane Contract with ExxonMobil

Jun 25, 2021

Malaysian offshore services provider Handal Energy has been awarded a crane services contract with ExxonMobil in Malaysia.Under the contract,  Handal Energy's subsidiary Handal Cranes will provide crane operation and maintenance services.The contract is for five years…

PetroRio's Frade Field Plans Approved by ANP

Jun 25, 2021

Brazilian oil and gas company PetroRio has received regulatory approval for a revised development plan of the Frade oil field offshore Brazil.The new development plan, approved by the national oil industry regulator ANP, allows the drilling…

Fred. Olsen Renewables, Vattenfall Team Up to Bid for Offshore Wind Sites in Scotland

Jun 25, 2021

Fred. Olsen Renewables and Vattenfall said Friday they'd teamed up to jointly bid in the upcoming leasing round for offshore wind in Scotland.Depending on the outcome of the bidding, the partners indicated they'd focus on maximizing value for…

Denmark Pauses Offshore Wind Farm Tender as Seabed Conditions Could Make Installation Difficult

Jun 25, 2021

Danish Energy Agency has put on hold the tender for the 800MW-1,200MW Hesselø offshore wind farm, citing the need to further analyze the results of the preliminary site investigation, as soft clay formations have been found in the upper 20-30 meters below the seabed…

Seismic Firm Polarcus Set for Business Wind-down, Delisting from Oslo Exchange

Jun 25, 2021

Polarcus Limited, a seismic surveyor in liquidation, is set to be wound down and delisted from the Oslo Stock Exchange.As previously reported, in January this year, lenders took control of the company's vessels after a debt payment default, and decided to sell them and let go all the employees…

Part of Revenue from Eni's Sankofa Field to Go into Escrow, Ghana Court Rules

Jun 25, 2021

A commercial court in Ghana on Friday ordered that 30% of revenues from an Eni-operated oilfield be placed in an escrow account, granting a request by the local operator of an adjacent field over Eni's objections.Springfield, which operates…

China's First Solo-Run Deepwater Gas Field Starts Production

Jun 25, 2021

The first deepwater gas field fully operated by a Chinese company, Lingshui 17-2, started production on Friday, the country's national offshore producer CNOOC Ltd said.The gas project, in the South China Sea, is expected to reach peak production of 328 million cubic feet of natural gas and 6…

Italy: Two Acquitted in Nigerian Offshore Block Graft Case

Jun 25, 2021

An Italian appeals court on Thursday overturned jail sentences handed down to Nigerian Emeka Obi and Italian Gianluca Di Nardo for their part in a graft case involving Eni and Shell in Nigeria.In a decision taken behind closed doors but read out to reporters afterwards…

TotalEnergies Confirms Suriname Offshore Block Awards

Jun 25, 2021

France's TotalEnergies confirmed Friday it had with its partner Qatar Petroleum been awarded Block 6 and Block 8 in the Suriname SHO Bid Round 2020/2021. TotalEnergies will operate the two shallow-water blocks, with depths between 30 meters and 50 meters…

Havyard Delivers Another Offshore Wind Service Vessel to Esvagt

Jun 24, 2021

Norway-based Havyard Leirivik said Thursday it had handed over a new wind farm service vessel to the Danish shipowner Esvagt.The vessel named ‘Alba’ is the second in a series of three vessels.Havyard's Norwegian Electric Systems has delivered…

Eco Wave Power Installs Spotter Buoy in Portugal

Jun 24, 2021

Israeli-Swedish wave energy company Eco Wave Power has installed a Spotter Buoy near the Barra do Douro breakwater in Portugal.Installed following approval from the Port Authority of the Douro, the Spotter Buoy will collect wave data for Eco Wave Power's proposed wave energy project in the area…

Huge Interest in Norwegian Offshore Wind, Minister Says

Jun 24, 2021

Norway is seeing big interest from energy firms in developing offshore wind farms in its ongoing licensing round and may offer additional acreage in 2023, Minister of Petroleum and Energy Tina Bru told Reuters on Thursday.“The interest is huge and I’m really looking forward to the developments…

Petrofac, SOCAR JV Net $25M Deal to Support BP's Azeri Central East Project

Jun 24, 2021

Oilfield services firm Petrofac, in a joint venture with Azerbaijan's SOCAR, has won a contract to support BP's Azeri Central East (ACE) project, in the Caspian Sea, offshore Azerbaijan.Under the contract valued at about  $25 million, the Petrofac…

Activists Protest Against Norwegian Oil Licenses in the Arctic

Jun 24, 2021

A group of environmental activists chained themselves in front of the Norwegian oil and energy ministry on Thursday to protest against the awarding of new oil exploration licenses in the Arctic.Carrying banners that said 'No to new oil' and…

Parkwind Orders Vestas Turbines for Arcadis Ost 1 Offshore Wind Farm

Jun 24, 2021

Wind turbine maker Vestas said Thursday it had secured a firm order from Parkwind to deliver  27 V174-9.5 MW turbines for the 257 MW Arcadis Ost 1 offshore wind farm in the German Baltic Sea. The order confirms the fifth collaboration between…

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