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Bourbon Extends Support for Construction at BP's GTA Hub

Jun 14, 2022

Bourbon Mobility said it has been tapped to provide additional support Saipem for the construction of the liquefied natural gas (LNG) terminal on BP’s Greater Tortue Ahmeyim field off the coast of Mauritania and Senegal, with the chartering of two vessels…

Shelf Drilling Nets 3-Year Jack-up Rig Deal with Saudi Aramco

Jun 14, 2022

Shallow water offshore drilling contractor Shelf Drilling has secured a contract extension for its Shelf Drilling Achiever jack-up drilling rig in Saudi Arabia.The rig, of the GustoMSC CJ46-X100-D 350 design, had a contract with Saudi Aramco running until December 2022…

Saipem 7000 Returns to Work at Scottish Wind Farm after April Tilting Incident. Full Lifting Capacity to be Restored in 2023

Jun 14, 2022

Italian offshore energy services company Saipem has confirmed the return to action of its giant crane vessel Saipem 7000, following a tilting incident in Norway in mid-April.Offshore Engineer reported back in May that the 197.95 meters long…

US Oil Lobby Pushes Biden to Roll Back Fossil Fuel Curbs

Jun 14, 2022

The American Petroleum Institute, the top U.S. oil lobby organization, on Tuesday urged President Joe Biden’s administration to lift a slew of restrictions on fossil fuel development to help ease soaring energy prices.The request underscores…

Danos Wins Contracts to Support GOM Decom Work

Jun 14, 2022

Oilfield services company Danos said it has been brought on to support the Promethean Decommissioning Company (PDC) and Petrofac alliance to decommission multiple facilities in shallow water fields in the Gulf of Mexico. The project, which began at the end of May…

AOC Awards Petrofac Five-year Integrated Services Deal

Jun 14, 2022

Oilfield services company Petrofac said Tuesday it has been awarded an Integrated Services Provider (ISP) contract by Anasuria Operating Company (AOC).The five-year contract, which has an option to extend, starts in June. Under the deal, Petrofac…

OPEC Sees Global Oil Demand Growth Slowing in 2023

Jun 14, 2022

World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices help drive up inflation and act as a drag on the global economy.Fuel use has rebounded from the 2020 pandemic-induced slump…

Norway Scraps Three Arctic Oil Exploration Blocks

Jun 14, 2022

Norway's minority government will remove three Arctic oil exploration blocks from its licensing round as part of a deal with the opposition to secure backing for its 2022 budget.The Norwegian oil industry lobby said it was disappointed by the…

Solstad Sells PSV Normand Corona

Jun 14, 2022

Solstad Rederi AS, a wholly owned subsidiary of Norwegian-based offshore shipowner Solstad Offshore ASA, has sold the platform supply vessel (PSV) Normand Corona.The 85.65-meter-long Normand Corona was built at Kleven Verft in 2006.The vessel was handed over to its new owner on June 14…

MDL and Jumbo Conclude GoM Mooring Installation

Jun 14, 2022

Maritime Developments Ltd (MDL) and Jumbo Maritime have completed a deepwater polyester mooring rope installation in the Gulf of Mexico.The project moored a new floating production unit (FPU) at depths of 1,200m (4000ft). The operation was performed…

Scantrol to Supply AHC for Electric C-LARs Winches

Jun 14, 2022

Scantrol AS and C-LARs LLC inked a deal in Houston at OTC this year, whereby Scantrol will supply control systems including Active Heave Compensation (AHC).  Scantrol is an independent supplier of monitoring and control systems for the marine business…

West Africa Market Harbors Positive Potential for MODU Operators

Jun 14, 2022

The region could be a key growth market for the oil and gas industry going forward, writes Joshua Belo-Osagie, Maritime Strategies International (MSI).Improving sentiment surrounds energy market prospects offshore West Africa, the positive mood underpinned by higher oil prices…

Russian Oil Production up 5%; Seaborne Exports up 9.5%

Jun 14, 2022

Russia's oil production rose almost 5% in the first half of June compared with May, the Interfax news agency reported on Tuesday, citing a source familiar with the output statistics.Average daily oil production, including condensate, was 1.46 million tonnes in the first 13 days of June…

U.S. Natgas up 2% on Higher Demand, Soaring Global Prices

Jun 14, 2022

U.S. natural gas futures edged up about 2% on Tuesday on record power demand in Texas, forecasts for more gas demand over the next two weeks than previously expected, a reduction in gas output, low wind power and much higher global gas prices…

‘Recycled-based’ Dyneema: Lankhorst Supplies Heerema Heavy Lift Slings

Jun 14, 2022

For the first time in the heavy lift industry, Lankhorst Ropes is supplying Heerema Marine Contractors with LankoForce HL slings manufactured with Dyneema SK78 fiber produced using post-consumer plastic waste as a feedstock. The LankoForce HL…

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