Industry News


CNOOC Taps Worley for EPC Services on UK North Sea Platforms

Apr 15, 2021

Australia-based engineering and construction company Worley has won a contract extension with the Chinese oil company CNOOC to provide engineering, procurement and construction (EPC) services for CNOOC's three operated assets in the UK North Sea…

FAR Postpones Vote on Sangomar Sale as Shareholders Study Remus Offer

Apr 15, 2021

Australia's oil and gas explorer FAR Ltd on Thursday postponed a vote on the sale of its stake in an oil project off Senegal for the third time while investors study a takeover offer from private investment firm Remus Horizons.Remus' A$209.6 million ($161…

Total Delays Offshore Drilling Plans in South Africa

Apr 14, 2021

French oil major Total has decided to postpone its application for additional drilling in a South African offshore gas block, a letter seen by Reuters from the consultancy conducting the environmental and social assessment showed.The delay is…

Emerson Moves Repsol's Exploration Data to the Cloud

Apr 14, 2021

Emerson, industry digital transformation solutions provider, said Tuesday it has successfully migrated Spanish oil company Repsol's exploration data - some 90 terabytes - to the cloud. Cloud capabilities enable companies to securely store the data that powers vital analytics…

Wintershall Dea to Boost Oil and Gas Exploration with AI Search Engine

Apr 14, 2021

German oil and gas company Wintershall Dea said Wednesday it would boost its exploration processes with the roll-out of an artificial intelligence search engine.'The Exploration Advisory Tool, developed in partnership with IBM, uses the latest…

Hempel Coatings to Protect Orbital O2 Tidal Energy Turbine

Apr 14, 2021

Coatings specialist Hempel said it has provided coatings to protect the Orbital O2 tidal energy turbine – dubbed the world’s most powerful tidal turbine. O2 is set to operate at the European Marine Energy Centre (EMEC) in the Orkney Islands in the UK…

OHT CEO Torgeir Ramstad Discusses the Company's Offshore Wind Push

Apr 14, 2021

OHT was born to perform heavy lift in the offshore oil and gas business, and has evolved to position itself to lead in the booming offshore renewables sector, including a contract to work in the mammoth Dogger Bank offshore wind build-out. Torgeir Ramstad…

Six Rescued, Dozen Missing After Lift Boat Capsizes in Gulf of Mexico

Apr 14, 2021

Six people were rescued near the coast of Louisiana after a commercial [lift boat] capsized about eight miles off Port Fourchon on the Gulf of Mexico, the U.S. Coast Guard said late Tuesday.About a dozen people are still missing after the 234…

Chevron, Moreld Invest in Floating Wind Tech Firm Ocergy

Apr 14, 2021

Oil major Chevron has, via its Chevron Technology Ventures (CTV), entered the offshore wind arena through investment in Ocergy, a company developing floating offshore wind turbine foundation technology and environmental monitoring buoy.Ocergy…

Norwegian Seismic Firm SeaBird Exploration Bags First Offshore Wind Gig

Apr 14, 2021

Norwegian company SeaBird Exploration, known for its seismic survey services in the offshore oil and gas space, has won a contract in the offshore wind industry.In what is SeaBird's first foray into the offshore wind industry, the company said…

Ex-Bibby Offshore Man Takes Helm of Decom North Sea

Apr 14, 2021

Decom North Sea (DNS), a UK-based body dedicated to the oil and gas decommissioning sector, has announced the appointment of Fraser Moonie, former COO of Bibby Offshore, as Chief Executive Officer.  'Well-known across the international marketplace…

Remus Horizons Moves to Take Over FAR, Enter Senegal Offshore Block

Apr 14, 2021

Private investment fund Remus Horizons has launched a conditional takeover offer for the Australian oil company FAR, which owns a stake in the RSSD offshore area in Senegal, containing the Sangomar offshore oil development.FAR has recently agreed to sell its stake in the Sangomar to Woodside…

DEME Offshore, Penta-Ocean form JV to Build Offshore Wind Farms in Japan

Apr 14, 2021

Belgium-based offshore installation company DEME Offshore and Japanese marine contractor Penta-Ocean Construction are forming a joint venture to focus on the construction of offshore wind farms in Japan. 'The new Joint Venture brings together…

BP Makes Oil Discovery at Puma West Well in Gulf of Mexico

Apr 14, 2021

BP on Tuesday announced an oil discovery at the Puma West prospect in the deepwater U.S. Gulf of Mexico.The well, located in the Green Canyon Block 821, was drilled by BP on behalf of partners Chevron and Talos Energy.It is located west of the…

Ocean Infinity's Armada Fleet to Feature Gregg Drilling's Seabed Drills

Apr 14, 2021

Marine robotics company Ocean Infinity has formed a geotechnical drilling services joint venture with Gregg Drilling, a subsidiary of Alaska Native Corporation Sealaska.Ocean Infinity said that the JV would provide geotechnical services to offshore…

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