Industry News


Norway: Oil Workers to Expand Strike if Wage Deal Not Reached

Oct 07, 2020

Norway's Lederne labor union will expand its ongoing oil strike from Oct. 10 unless a wage bargain can be reached in the meantime, it said on Tuesday, confirming a statement from the country's state-appointed wage mediator.Six offshore oil and…

Premier Oil, Chrysaor Merger a "Win-Win" Analyst Says

Oct 07, 2020

As London-listed Premier Oil and UK North Sea focused Chrysaor announced their proposed all-stock merger this week, creating one of the largest UK North Sea oil and gas producers, Global Data analysts think the deal is a 'win-win.'As reported Tuesday…

VIDEO: Purdue Working on Mobile Docking Station for AUVs

Oct 07, 2020

Subsea robots can be great for environmental studies and search-and-rescue missions and, but eventually, they must return to a base to recharge their batteries and upload their data, which is a challenge if your robot is an autonomous underwater vehicle (AUV) exploring deep ocean waters…

West Bollsta Rig Set to Spud First Well for Lundin Energy

Oct 06, 2020

The West Bollsta semi-submersible drilling rig, managed by Seadrill, is currently in the Barents Sea, being towed to an offshore drilling location where it will drill its first well, the rig's AIS data shows. The drilling rig is on hire with the Swedish company Lundin Energy…

EU Welcomes Turkish Drillship Departure From Waters Off Cyprus

Oct 06, 2020

A Turkish drillship has left the area where it was operating southwest of Cyprus and reached Turkey's coast for maintenance in a move the European Union said would help ease tensions in the Eastern Mediterranean.Refinitiv tracking data showed…

Miko Marine to Supply Magnetic Hull Closures for Modec FPSO

Oct 06, 2020

Norwegian company Miko Marine will deliver four cofferdams and water inlet covers for a Modec FPSO being built in China.The FPSO, under construction at the DSIC yard in Dalian, will operate at Equinor's Bacalhau field offshore Brazil.Miko Marine…

Deme in Clean Hydrogen Alliance

Oct 06, 2020

Belgium-based offshore installation contractor Deme said Tuesday it had joined the European Clean Hydrogen Alliance. The alliance supports the EU’s ambitious hydrogen and decarbonization strategy.'With this membership Deme underlines its commitment to using its expertise for the production…

Logan to Build Offshore Safety Cages for BOP Inspections

Oct 05, 2020

Hempstead, Texas-based oil and gas equipment maker Logan Industries has been awarded a contract to manufacture a set of safety cages to keep offshore technicians safe while inspecting subsea connectors on blowout preventers (BOPs) while on deck…

Skarpenord to Upgrade Jotun FPSO's Valve Control Systems

Oct 05, 2020

Scana's affiliate company Skarpenord has signed a letter of intent to upgrade valve control systems on Var Energi's Jotun floating storage and production unit in Norway.Skarpenord signed a letter of intent for the valve control systems upgrade with Rosenberg Worley…

Kosmos Energy Closes Gulf of Mexico Loan

Oct 05, 2020

Oil and gas Kosmos Energy has closed a Gulf of Mexico loan facility with Beal Bank USA and Trafigura Trading LLC ('Trafigura').The company had in June entered into a crude oil prepayment agreement with commodities trader Trafigura for a portion of its production in the U…

Turkish Drillship Returns to Turkey After Operating Off Cyprus

Oct 05, 2020

The Turkish drillship Yavuz has left the area where it was operating southwest of Cyprus and reached the Turkish coast, Refinitiv Eikon shipping data showed on Monday, in a move that may help ease tensions in the eastern Mediterranean.Cyprus'…

IOG Drops Deltic Energy Takeover Pursuit

Oct 05, 2020

UK-based oil firm Independent Oil and Gas will not be pursuing the takeover of rival Deltic Energy after initially announcing its interest in a potential all-stock transaction last month.However, IOG on Monday said it did not intend to make an offer to acquire Deltic…

Heerema Marine Contractors Says Will Become Carbon Neutral in 2020

Oct 02, 2020

Dutch offshore installation company Heerema Marine Contractors said this week that it plans to become carbon neutral in 2020. This will, according to Heerema, make the company 'the first carbon-neutral marine contractor.'Heerema produces carbon emissions through fuel combustion…

Long-Term Charter in Australia for Solstad's Platform Supplier

Oct 02, 2020

Norwegian offshore vessel operator Solstad Offshore has won a long-term charter in Australia for its Normand Skimmer platform supply vessel.Solstad said Thursday that the contract was for five-years firm, with an unnamed 'major international company…

Hydramec's LARS for Fugro's Uncrewed Surface Vessels

Oct 02, 2020

Offshore surveyor Fugro has ordered a Hydramec launch and recovery system for its new uncrewed surface vessels recently ordered from Sea-Kit.Fugro, based in the Netherlands, in August ordered two 12-meter SEA-KIT X class uncrewed surface vessels (USVs)…

Current News

Viridien Teams Up with NVIDIA to Accelerate Seismic Imaging Workflows

Dolphin Drilling, Vantris Ink Marketing Deal for Blackford Dolphin Semi-Sub

Turkey’s TPAO, Shell Partner for Offshore Exploration in Bulgaria

Equinor Drills Dry Well in Barents Sea

Subscribe for OE Digital E‑News