Offshore Energy News - page 599


W-Industries Wins Contract for Mozambique LNG Project

May 04, 2020

W-Industries, a global integrated technology and engineering solutions provider, has been awarded a significant contract by Total E&P Mozambique Area-1, Limitada, a wholly owned subsidiary of Total S.A, for its Mozambique LNG project.Since 2010…

Equatorial Guinea: Oil Firms Get Extension to Exploration Plans

May 04, 2020

Equatorial Guinea has granted oil and gas companies two-year extensions on their exploration programs, a statement from the hydrocarbons minister said.The move is an effort to keep investments flowing into the nation's energy industry amid a…

Petrobras Looking to Sell Manati Field Stake

May 04, 2020

Brazilian oil firm Petrobras is looking for a buyer for its entire stake in the Manati field, in the Camamu Basin, in the State of Bahia.The company on Monday started the opportunity disclosure stage for the stake sale in the shallow water field…

IOG's North Sea Gas Development Plan Approved

May 04, 2020

UK-focused oil company Independent Oil and Gas (IOG) has informed that its field development plan for Core Project Phase 1 in the UK North Sea has been approved by the UK Oil and Gas Authority.The Core Project comprises gas resources across six discovered UK Southern North Sea ('SNS') gas fields…

Acteon Firms Take Part in Platform Installation Off Trinidad

May 04, 2020

Acteon Group subsidiaries MENCK and LM Handling have won a contract to support piling operations for a platform installation off the coast of Trinidad and Tobago. Subsea services firm Acteon said that the Trinidad and Tobago project would draw…

Greek-Italian JV Seeks Contractors for EastMed Gas Pipeline

May 04, 2020

A joint venture between Greek utility DEPA and Italy's Edison is seeking to shortlist two contractors to build part of a pipeline to carry natural gas from the eastern Mediterranean's rapidly developing gas fields to Europe, DEPA said on Thursday…

First Moray East Offshore Wind Farm Jackets Arrive in UK

May 04, 2020

Global Energy Group's Port of Nigg facility has announced the arrival of the heavy-lift vessel OHT Osprey with the first eight of what will be 103 jacket structures for the Moray East Offshore Windfarm project for DEME Offshore.The Port of Nigg…

Saipem to Install Baltic Sea Gas Pipeline

May 04, 2020

Italian offshore services provider Saipem has won a 280 million euro contract for the transportation and installation of the Baltic Pipe Project's pipelines.The Baltic Pipe Project is a strategic infrastructure project developed by a joint venture between Poland's GAZ-SYSTEM S…

CWind Taps Rovco for East Anglia ONE Offshore Wind Farm Work

May 04, 2020

UK-based ROV provider Rovco has been awarded a long-term contract by CWind for subsea work on the East Anglia ONE offshore wind project.The Rovco team will carry out a campaign of subsea inspection and survey work on all subsea structures, informing…

PTTEP: Two New Oil Finds Offshore Mexico

May 04, 2020

Thai energy company PTT Exploration and Production Pcl said on Monday its joint venture had made two deep-water oil discoveries in the Salina Basin, offshore Mexico.The Mexican subsidiary of PTTEP, Thailand's largest oil and gas producer, and…

Petrofac Delays North Sea P&A Program. Awilco's Rig on Standby Rate

May 04, 2020

Awilco Drilling has said that it has reached a deal with Petrofac to delay the start of the plug and abandonment works with Awilco's WilPhoenix offshore rig.Awilco in March announced the rig deal with Petrofac Facilities Management for its 1982…

VIDEO: Crane Collapses on Deme Offshore's New Vessel

May 04, 2020

A giant crane collapsed on Saturday on Deme Offshore's flagship offshore vessel Orion at Liebherr's yard in Rostock, Germany, during crane load tests.Deme said Saturday that 'a few persons suffered minor injuries.' Deme Offshore said: 'A serious…

Solstad Wins Medium-Term Charters for Six Vessels

May 04, 2020

Norwegian offshore vessel owner Solstad Offshore has entered into medium-term contracts for six of its vessels.The contracts are for a period of 80 to 170 days each with undisclosed clients. The contracts are expected to start around July 1 and the operations are outside the North Sea…

GMS Rejects 'Opportunistic' Takeover Proposal by Seafox

May 04, 2020

Gulf Marine Services (GMS), a UAE-based provider of offshore service jack-up units has rejected a takeover proposal from Seafox.Seafox on April 30, 2020, announced an unsolicited and non-binding approach to acquire the entire issued and to be issued share capital of Gulf Marine Services…

Chevron Cuts Spending, Says Asset Sales Lift Profits

May 01, 2020

Chevron Corp on Friday slashed its capital spending plans by another $2 billion as the coronavirus pandemic guts demand for oil and gas, while delivering a year-over-year 38% increase in profits.Global fuel demand has crashed by a third while many people shelter at home for an indefinite period…

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