Latest News - page 1224


Russian Pipe-laying Vessel Stops near Nord Stream 2 Pipeline Site

Dec 07, 2020

Russian pipe-laying vessel Akademik Cherskiy stopped on Saturday near the construction site of the Nord Stream 2 gas pipeline in the Baltic Sea, Refinitiv Eikon data showed on Saturday.The consortium led by Gazprom building the 1,230 kilometers…

Santos in 10-Year Barossa Gas Sales Deal with Mitsubishi

Dec 07, 2020

Australia's no. 2 independent gas producer Santos Ltd said on Monday it signed a 10-year agreement to supply liquefied natural gas (LNG) from its Barossa project to a unit of Japan's Mitsubishi Corp.Santos will supply Diamond Gas International 1…

Energean in Talks to Take Full Ownership of Israeli Subsidiary

Dec 07, 2020

Mediterranean Sea-focused oil and gas company Energean is looking to take full ownership of its 70 percent-owned subsidiary Energean Israel.The company said Monday it had entered into an exclusivity arrangement with an affiliate of Kerogen Capital…

Shearwater to Shoot 3D Seismic for Reliance Offshore India

Dec 07, 2020

India's Reliance Industries has awarded a 3D seismic data acquisition contract to seismic survey services provider Shearwater.Under the contract, Shearwater will carry out a 3D survey in the Bay of Bengal, India.The survey is slated to start in the first quarter of 2021 and covers 1…

Keppel Hits Awilco with Another Arbitration Notice, Rig Contract Cancellation

Dec 04, 2020

Singapore-based offshore drilling rig builder Keppel has terminated a construction contract with Awilco Drilling for the Nordic Spring semi-submersible drilling rig and served Awilco with a notice of arbitration.Awilco, a UK North Sea focused driller…

Denmark's Offshore Oil Output to Drop Faster than Projected

Dec 04, 2020

Denmark's oil and gas output from the North Sea will fall faster than currently projected because the country's decision to phase out hydrocarbon production will lead to lower investments, the climate, and energy minister said on Friday.Denmark…

Boskalis Charters Offshore Construction Vessel for Offshore Wind Work in Taiwan

Dec 04, 2020

Dutch marine services provider Boskalis will expand its offshore fleet with the multipurpose DP2 offshore construction vessel Boka Tiamat.The company said Thursday that the vessel would arrive in its fleet in January 2021 and that it would be deployed on offshore wind projects in Taiwan…

Ørsted to Sell 25% in 1,1GW U.S. Offshore Wind Project to NJ's PSEG

Dec 04, 2020

Offshore wind developer Ørsted has entered into an agreement to sell a 25% stake in its 1,1 GW Ocean Wind offshore wind project off the coast of Atlantic City to New Jersey’s Public Service Enterprise Group (PSEG). PSEG’s contribution will include…

Dry Well for Equinor at Spissa Prospect in Barents Sea

Dec 04, 2020

Norwegian energy company Equinor has drilled a dry well at the Spissa prospect in the Barents Sea, the Norwegian Petroleum Directorate said Friday.The exploration well, formally named 7018/5-1, was drilled around 100 kilometers southwest of the Snøhvit field…

Vietnam: FSO Golden Star Receives First Condensate

Dec 04, 2020

Malaysia Vietnam Offshore Terminal's FSO Golden Star has received the first condensate at the Sao Vang and Dai Nguyet (SVDN) Project offshore Vietnam.MVOT is a 51% MISC Berhad (MISC) owned joint venture with PetroVietnam Technical Services Corporation (PTSC)…

Siem Offshore Sells 1998-built AHTS Vessel

Dec 04, 2020

Norwegian offshore vessel owner Siem Offshore has signed an agreement to sell its AHTS vessel Venture Sea. The vessel, built by Halter Marine in 1998, is owned by Secunda Canada, a Siem Offshore Canadian subsidiary.Siem Offshore said that the…

Solstad Finds Work for Normand Maximus CSV in Latin America

Dec 04, 2020

Norwegian offshore vessel operator Solstad Offshore has won a charter deal for the construction support vessel Normand Maximus.Solstad, which recently saw the long-term contract for the vessel terminated by Saipem four years earlier than planned…

U.S. Adds China's CNOOC to Defense Blacklist

Dec 04, 2020

The Trump administration on Thursday added China's top chipmaker, SMIC, and oil giant CNOOC, to a blacklist of alleged Chinese military companies, drawing condemnation from Beijing as President-elect Joe Biden prepares to take office.The Department…

Denmark to End Oil and Gas Exploration and Production by 2050. Cancels Licensing Round

Dec 04, 2020

Denmark's government on Thursday agreed with a majority in parliament to put an end to all oil and gas exploration and extraction in the North Sea by 2050 as well as cancel its latest licensing round.The future of Denmark's oil and gas operations…

Chevron Tightens Belt. Cuts Billions Off Long-Term Capex

Dec 04, 2020

U.S. oil major Chevron Corp on Thursday cut billions off its long-term capital and exploratory budget even after a major restructuring of its operations as it tries to ride out a collapse in oil prices and preserve its dividend.Oil majors have…

Current News

Baker Hughes Secures Kuwait Oil Company Contract for Production Uplift

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

South Korean Firm Buys Into Indonesian Offshore Oil Block

US Orders Military to Enforce ‘Quarantine’ of Venezuelan Oil

Subscribe for OE Digital E‑News