Industry News


Husky Energy's Offshore Project in China Nears Completion

Sep 02, 2020

Canadian oil and gas company Husky Energy said Wednesday it was moving towards the startup of the Liuhua 29-1 field at the Liwan Gas Project, offshore China. Husky said that the tie-in of the Liuhua 29-1 field at the Liwan Gas Project was complete…

Installation Underway for World's Longest Heated Subsea Pipeline

Sep 02, 2020

Installation is underway in the Norwegian sector of the North Sea for the world’s longest heated subsea production pipeline, oil and gas company Neptune Energy has informed.The project will see the installation of the 36-kilometer electrically…

Huisman to Deliver Crane for First Jones Act Compliant Offshore Wind Installation Vessel

Sep 02, 2020

Dutch offshore crane specialist Huisman will build the crane for the United States’ first Jones Act compliant offshore wind installation vessel.Huisman joins a consortium of a Dominion Energy-led offshore wind consortium aim of which is to build a Jones Act compliant vessel…

New Owners, New Name for the Polar King CSV

Sep 02, 2020

Oslo-listed offshore vessel owner GC Rieber Shipping last week completed the sale of its Polar King construction support vessel to, at the time, unnamed buyers.It has now been revealed that the 2011-built vessel was sold to the Greek-based Asso…

DOF Subsea Wins Deal to Assist with Offshore Decommissioning Project

Sep 01, 2020

Subsea services provider and vessel operator DOF Subsea has been awarded a turnkey contract performing marine operations related to a decommissioning project by Teekay Petrojarl Floating Production.DOF Subsea said Tuesday that the contract with…

Storm Damage Still Hampering U.S. Gulf of Mexico Energy Ops

Sep 01, 2020

Catastrophic damage to power lines and communications outages on Monday weighed on U.S. Gulf Coast refineries' post-Hurricane Laura assessments and on offshore oil and gas production.Energy companies continued to inspect and restart offshore…

Seriously, UK Oil Firms Will Struggle to Find Semi-subs for Work in 2021

Sep 01, 2020

E&P companies planning drilling campaigns in British waters next year could face a surprisingly small selection of semisubs to choose from due to ever-shrinking ready supply in the segment.Too many rigs and not enough work has been the norm…

Total, Macquarie’s GIG Form Floating Offshore Wind JV in South Korea

Sep 01, 2020

French oil giant Total and Macquarie’s Green Investment Group (GIG) are forming a joint venture to develop a portfolio of 5 large floating offshore wind projects in South Korea with a potential cumulated capacity of more than 2 gigawatts (GW)…

Seadrill Offers Its Stakes in Oil Service Firms to Debtholders

Aug 31, 2020

Offshore drilling rig contractor Seadrill said on Monday it has proposed to creditors to turn over its stakes in oil services firms Archer and Seadrill Seabras to redeem its outstanding secured notes.The company controlled by Norwegian-born…

VIDEO: Pioneering Spirit Brings Ninian Northern Topside to Lerwick

Aug 31, 2020

Pioneering Spirit, one of the world's largest vessels, reached Lerwick Harbour on Friday, August 28, carrying aboard the 14,200 tonne Ninian Northern Platform topside.Prior to the arrival in Lerwick, the giant catamaran had removed the Ninian…

EU Calls for End to Tensions in East Mediterranean

Aug 31, 2020

The European Union's executive called on Monday for dialogue with Turkey and demanded that Ankara refrains from unilateral steps that stoke tensions in eastern Mediterranean.Should dialogue not bear fruit, a spokesman for the European Commission told a briefing on Monday…

Neptune Energy Extends Deepsea Yantai Rig Contract to Late 2021

Aug 31, 2020

Oil and gas company Neptune Energy has extended the contract for the Deepsea Yantai semi-submersible offshore drilling rig.The rig, owned by China's CIMC and managed by the Norwegian drilling contractor Odfjell Drilling, was recently used to…

Israel's Delek in Ithaca Energy Merger Discussions

Aug 31, 2020

Israel's Delek Group said on Monday it is in talks with third parties about a possible merger of its North Sea energy operations, as it reported a second-quarter loss.Merging Ithaca Energy with an international group would be part of a process of turning it into a public company traded in London…

Ocean Installer, Vard Working on 'Most Advanced' Offshore Wind Installation Vessel

Aug 31, 2020

Ocean Installer, a Norwegian company mostly known for its offshore oil and gas services provider, is increasingly turning towards the offshore wind industry.Following a recent establishment of an offshore wind branch, and the naming of a director to lead it…

World's First: Drone Brings Cargo to Offshore Production Platform

Aug 28, 2020

Norwegian oil company Equinor has successfully sent a drone carrying a 3D-printed cargo from shore to an offshore production platform in the North Sea in what the company says is a world's first.In a flight spanning around 80 kilometers from…

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