Offshore Engineer Industry News News - page 905


Pemex Signs Contracts for New Oil Projects

Feb 18, 2020

Mexican national oil company Pemex has begun signing contracts with oilfield service firms specifically invited to submit bids for a new batch of priority exploration and production projects, the state-owned company's chief executive said. CEO…

Report: Crane Boom Falls on North Sea Jack-Up Rig

Feb 17, 2020

A crane boom reportedly collapsed Friday morning aboard the Valaris 120 jack-up drilling rig in the UK North Sea, luckily causing no harm to the crew.A rig workers' community page on Facebook called The Rig Worker's Rant released a photo apparently…

Stril Pioner PSV in 8-Month Charter with Equinor

Feb 17, 2020

Norwegian energy company Equnor has extended the charter deal for the Stril Pioner platform supply vessel.The LNG-powered PSV owned by Norway's Simon Mokster will start the contract in direct continuation of the current contract.As with other…

Rubicon Demands Payment from KrisEnergy

Feb 17, 2020

KrisEnergy, an oil company focused on Southeast Asia, has been served a claim by Rubicon demanding a $2.84 payment in relation to a 2014-charter of the Rubicon Vantage FPSO, deployed at KrisEnergy's Wassana field as an FSO. Rubicon has, according to KrisEnergy…

North Sea Oil Worker Tests Negative for Coronavirus

Feb 17, 2020

A North Sea oil worker who had developed what were believed to be new coronavirus symptoms has tested negative.The worker, a crewmember on Taqa’s Tern Alpha platform, was reported to have had “minor symptoms after returning recently from holiday in Thailand…

Five Oil Majors Sign Offshore Exploration Deals in Egypt

Feb 17, 2020

Egypt has reached initial agreements with five major energy firms to explore for oil and gas in deep waters off its western coast on the Mediterranean, the petroleum minister said, the first such deals in that offshore region. The five companies are Royal Dutch Shell…

Borr in New Financing Deal for Newbuild Jack-Up Rig

Feb 17, 2020

Jack-up rig operator Borr Drilling has entered into a new financing arrangement for the newbuild jack-up rig Tivar.The drilling rig of the KFELS Super B Bigfoot Class is under construction at KFELS shipyard in Singapore and set for delivery in July 2020…

Endur Energy Solutions Goes Bankrupt

Feb 14, 2020

Stavanger-based offshore services provider Endur Energy Solutions, a subsidiary of Endur, will file for bankruptcy, on the back of weak results.The parent company Endur in the fourth quarter of 2019 reported a total turnover of NOK 122 million…

'Good Progress' with Liberator, Serenity Farmout, i3 Says

Feb 14, 2020

UK based oil firm i3 Energy has said it is making progress with efforts to farm out some of the ownership in its North Sea assets, ahead of the planned drilling this summer. The company, operating the Liberty field and Serenity discovery in the UKCS…

Italian Court Asks EU to Rule in Oil & Gas Permits Dispute

Feb 14, 2020

A top Italian administrative court has asked the EU Court of Justice to rule on legislation over the size of oil and gas exploration concessions in Italy in a move that could lead to some companies being stripped of permits.Italian law currently…

Magnora to Invest Oil Cash In Renewables

Feb 14, 2020

Oslo-listed company Magnora plans to use the cash generated from oil and gas production at the Western Isles and Penguin offshore projects for renewable energy investments. Magnora, formerly known as Sevan Marine, was formed in 2018 following…

Australia: PGS' North Carnarvon Basin Data In

Feb 14, 2020

Norwegian seismic player has made available final data of its PGS Mawson MultiClient 3D seismic survey covering the prospective North Carnarvon Basin of Australia.'The Mawson 3D survey applied a modern, triple-source GeoStreamer 3D survey design…

Egypt: Vantage Drilling to Train Local Workforce

Feb 14, 2020

Vantage Drilling has signed an agreement in Egypt to train local workforce in the space of offshore drilling.A Memorandum of Understanding has been signed by Ihab Toma CEO of Vantage Drilling, Osama El Bakly, Chairman of Egyptian Natural Gas…

Leviathan Gas Output Cut Due to 'Malfunction'

Feb 14, 2020

Israel's Energy Ministry said on Thursday it limited production at the new Leviathan natural gas field to 60% after a malfunction was discovered in the project's subsea pipeline.The Leviathan partners said in a statement there was no malfunction…

Siemens Hands Over BorWin3 to TenneT

Feb 13, 2020

The BorWin3 offshore wind grid connection project in the German North Sea has been handed over to the German/Dutch transmission grid operator TenneT, by contractors Siemens and Petrofac.The 900 MW project will convert three-phase electric power…

Current News

Equinor’s First Hybrid Power Complex Starts Operations

Ocean Winds Hires Seaway7 for Offshore Wind Job in Poland

Oman’s Block 50 Offshore Drilling to Advance After $25M Funding Raise

Vissim to Provide Vessel Collision Avoidance System for Qatari Offshore Field

Subscribe for OE Digital E‑News