Latest News - page 922


ION Geophysical Gets NYSE Listing Warning

Dec 24, 2021

Marine seismic data provider ION Geophysical has received a notice from the New York Stock Exchange informing it that the company is not in compliance with the continued listing standards.ION is considered below criteria established by the NYSE…

5,100-ton Substation Jacket Installed at Scotland's Largest Offshore Wind Farm

Dec 24, 2021

UK-based offshore wind developer SSE Renewables has informed that construction of Seagreen, the world’s deepest fixed bottom offshore wind farm,  which is also Scotland’s largest, has reached another milestone with the installation of a jacket…

Odfjell Drilling Takes Over Management of Northern Ocean's Rigs from Seadrill

Dec 24, 2021

Northern Ocean, the billionaire John Fredriksen-owned harsh-environment offshore rig owner, has signed contracts with the Norwegian offshore contractor Odfjell Drilling.Odfjell Drilling will provide Northern Ocean's rig fleet with marketing and management services…

Jadestone Energy CFO to Resign

Dec 23, 2021

Jadestone Energy, an oil and gas production company focused on the Asia Pacific region said Thursday that its Chief Financial Officer (CFO)   Dan Young, had decided to leave the company.'After more than 20 years overseas, Mr Young intends to repatriate back to Australia for personal family reasons…

USCG Concludes Investigation into Auger Lifeboat Accident

Dec 23, 2021

A U.S. Coast Guard investigation into a fatal lifeboat drill accident has resulted in 10 safety and eight administrative recommendations, the agency announced.In July 2019, two people were killed and another was injured while testing lifeboats…

FAR's Bambo Drilling Fails to Deliver (The Gambia)

Dec 23, 2021

Australian oil and gas company FAR Limited said Thursday its Bambo-1ST1 well offshore The Gambia had not encountered live oil columns and would be plugged and abandoned. Despite the disappointment, FAR said that the well data showed that several target intervals in the well had oil shows…

Equinor Extends Charter for Eidesvik Offshore PSV

Dec 23, 2021

Oil and gas company Equinor has declared options to extend the contract for Eidesvik Offshore's supply vessel Viking Queen.The contract extension runs from the end of January 2022 in direct continuation of the current contract.The extension means the 2008-built…

Global Oil and Gas Finds on Track to 75-year-low

Dec 23, 2021

If the rest of December fails to yield any substantial finds, global oil and gas discoveries in 2021 will hit their lowest full-year level in 75 years, according to a Rystad Energy estimate.'As of the end of November, total global discovered volumes this year are calculated at 4…

Huge Potential for Tidal Energy, Bureau Veritas

Dec 23, 2021

Classification society and testing, inspection and certification services firm Bureau Veritas has welcomed the UK government’s recently announced plans to invest in the tidal energy industry, suggesting that tidal stream electricity has the…

30 Million Tons of Oil: Production Milestone for Lukoil's V. Filanovsky Caspian Sea Field

Dec 23, 2021

The Vladimir Filanovsky offshore field in the Caspian Sea, operated by Russian oil and gas giant Lukoil, has produced more than 30 million tonnes of oil, according to the company.In 2021, the field saw five development wells built (including…

Interfax: Nord Stream 2 Gas Pipeline to be Filled by Year-end

Dec 23, 2021

Russia's Gazprom will complete the filling of the Nord Stream 2 gas pipeline by the end of this year, Chief Executive Alexei Miller said on Thursday, according to the Interfax news agency.The first of the two lines of the pipeline, which runs from Russia to Germany…

Tata Steel Providing Steel for Dogger Bank Wind Farm

Dec 23, 2021

A few months back, Offshore Engineer ran a feature on who's doing what in the development of the world's largest offshore wind farm - the 3.6GW Dogger Bank project in the UK - covering suppliers of turbines, cables, installation services, vessel-owners…

Equinor Taps Blue Logic for Subsea Docking Stations

Dec 23, 2021

Subsea technology firm Blue Logic has been awarded a Frame Agreement by the Norwegian oil and gas company Equinor for the delivery of subsea docking stations, subsea equipment, and services.'This is a big achievement and milestone for Blue Logic…

Western Gas' Environment Plan for Sasanof-1 Drilling Gets Regulator's Approval

Dec 23, 2021

Australian oil and gas company Western Gas has said that regulator NOPSEMA has accepted its Environment Plan to manage activities for the Sasanof-1 exploration well on the North West Shelf, Australia.Drilling is scheduled to start in March/April 2022 using the Valaris MS-1 semi-submersible rig…

Shell Declares Force Majeure on Nigerian Forcados Crude

Dec 23, 2021

Royal Dutch Shell's Nigerian subsidiary SPDC has declared force majeure on exports of Nigerian Forcados crude oil after the obstruction of a tanker path by a malfunctioning barge, the company said in a statement.The action came into effect on…

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