Latest News - page 1268


Wellesley Uses On-the-rig Simulator to Cut Drilling Risks

Oct 07, 2020

Oil and gas company Wellesley Petroleum earlier this year deployed a mobile ‘On-the-Rig’ (OTR) drilling simulator, to make its drilling crew ready for a drilling project offshore Norway and minimise the risks.The simulator, designed and manufactured by company Drilling Systems…

Lloyd’s Register to Sell Energy Business

Oct 07, 2020

Maritime classification society and technical services provider Lloyd's Register Group (LR) has agreed to sell its Energy business unit to Inspirit Capital, a London-based investment firm.LR said that the agreement followed a review of LR’s business portfolio and strategic direction…

In a First, ROVOP Inspects Offshore Installation via Video Link

Oct 07, 2020

UK-based ROV services provider ROVOP has said it has delivered its first remote platform-based inspection, repair, and maintenance workscope, 'effectively reducing the number of personnel required offshore,' on Premier Oil's Balmoral floating production vessel in the UK North Sea…

LQ, Pipe Rack Modules Installed on Energean Power FPSO

Oct 07, 2020

Living quarters and eigh pipe rack modules have been lifted aboard the Energean Power FPSO hull as the construction of Energean's FPSO destined for the Mediterranean Sea progresses in Singapore.The FPSO hull, built in China is being outfitted with topside modules at Sembcorp’s Admiralty Yard…

Gulf of Mexico: Storm-weary Offshore Oil Firms Prep for Massive Hurricane

Oct 07, 2020

Oil and gas workers withdrew en masse from offshore production facilities as Hurricane Delta grew into a powerful storm over the Caribbean on its way to the Gulf of Mexico.Delta's winds reached 145 miles per hour (235 kph) as the storm sped…

Proserv, Synaptec Developing Cable Monitoring Solution for Offshore Wind

Oct 07, 2020

Controls technology company Proserv Controls has teamed up with power system monitoring firm Synaptec to develop a cable monitoring system for offshore wind farms.The two companies expect the solution to reduce downtime, improve safety, and lower operating costs at offshore wind farms…

Norway: Offshore Projects See Delays, Rise in Costs on Weak NOK, Virus

Oct 07, 2020

Equinor, Norway's largest oil company, said Tuesday that the Covid-19 pandemic and weakened Norwegian krone have negatively impacted some of its offshore development projects in Norway, however, the company said that its 'combined project portfolio is still very resilient…

Norway: Oil Workers to Expand Strike if Wage Deal Not Reached

Oct 07, 2020

Norway's Lederne labor union will expand its ongoing oil strike from Oct. 10 unless a wage bargain can be reached in the meantime, it said on Tuesday, confirming a statement from the country's state-appointed wage mediator.Six offshore oil and…

Premier Oil, Chrysaor Merger a "Win-Win" Analyst Says

Oct 07, 2020

As London-listed Premier Oil and UK North Sea focused Chrysaor announced their proposed all-stock merger this week, creating one of the largest UK North Sea oil and gas producers, Global Data analysts think the deal is a 'win-win.'As reported Tuesday…

VIDEO: Purdue Working on Mobile Docking Station for AUVs

Oct 07, 2020

Subsea robots can be great for environmental studies and search-and-rescue missions and, but eventually, they must return to a base to recharge their batteries and upload their data, which is a challenge if your robot is an autonomous underwater vehicle (AUV) exploring deep ocean waters…

Why We Should Leave Old Oil Rigs in the Sea – and Why We Don't

Oct 07, 2020

Decommissioning the UK’s offshore oil and gas infrastructure will cost the taxpayer £24 billion, according to estimates from HMRC. So why can’t we leave man-made structures in the sea and thereby save the cost of removal and recycling? That would be a big win for the public purse…

Total Buys into French Floating Wind Project

Oct 07, 2020

French energy giant Total has entered the floating wind farm business in France with the acquisition of a 20% stake in the Eolmed floating wind farm pilot project, located in the Mediterranean, off the coast of Gruissan and near Port-La-Nouvelle…

US Gulf Platforms Shutting as Hurricane Delta Strengthens

Oct 06, 2020

Energy companies were securing offshore production platforms and evacuating workers on Tuesday, some for the sixth time this year, as a major hurricane took aim at U.S. oil production in the Gulf of Mexico.Hurricane Delta, the 25th named storm of the 2020 Atlantic Hurricane season…

ABS Launches "My DigitalFleet" for Marine and Offshore Operators

Oct 06, 2020

One of the world's largest maritime classification societies American Bureau of Shipping (ABS) on Tuesday launched a web-based digital platform that 'delivers real-time data-driven insights to improve fleet efficiency, reduce costs and help manage risks…

Norway: Union Makes new Proposal to Oil Companies in Bid to End Workers' Strike

Oct 06, 2020

Norway's Lederne labor union has made a new proposal to oil companies to try to resolve a dispute over wages and end a strike that has cut the country's petroleum output capacity by about 8%, the union told Reuters on Tuesday.Six offshore oil…

Current News

Yinson Production Cuts First Steel for Vietnam-Bound FSO

MOL Gets ClassNK Approval for Jointing and Burial Vessels Design

CB&I Agrees to Acquire Petrofac Asset Solutions Business

Technical Drilling Campaign Difficulties Push Back Benin Field Start Up

Subscribe for OE Digital E‑News