Latest News - page 1289


Banff FPSO Arrives at Kishorn Port ahead of Recycling

Sep 08, 2020

Teekay's Banff FPSO, which recently ceased production in the UK North Sea, has arrived at Kishorn Port for temporary mooring, ahead of recycling.The Banff FPSO had been producing oil for CNRI at the Banff and Kyle fields, some 200 kilometers…

Damen Delivers Fast Crew Supplier to Rederij Groen

Sep 08, 2020

Damen Shipyards Group delivered a Fast Crew Supplier (FCS) 2710 to Rederij Groen, who has secured a contract to use the vessel to undertake crew transfers for the oil and gas industry in Germany and DenmarkThe first new FCS 2710 to be delivered in the Netherlands…

Former U.S. Ambassador to Russia Rejoins Chevron Board

Sep 08, 2020

Jon Huntsman Jr., the former U.S. Ambassador to Russia and the former Governor of Utah, has been re-elected to Chevron's board of directors.Huntsman, 60, was a member of the U.S. oil company's board from 2014 to 2017, serving on the Audit Committee…

ExxonMobil Hits Its 18th Oil Discovery Offshore Guyana

Sep 08, 2020

U.S. oil company ExxonMobil has made an oil discovery at the Redtail-1 well, offshore Guyana. The news of the discovery was shared Tuesday by both Exxon, and Hess, Exxon's partner in the prolific Stabroek Block,  This is the U.S. oil major's…

Norway: Neptune Energy Spuds Bue Offshore Well

Sep 08, 2020

Oil and gas firm Neptune Energy has started drilling on the Bue well in the Fenja field in the Norwegian Sea.The well, drilled by Seadrill's West Phoenix semi-submersible drilling rig will act as a pilot for the location of the Fenja field's…

Oil Slides Towards $40 on Demand Fears Sparked by Rising COVID-19 Cases

Sep 08, 2020

Oil slid more than 3% towards $40 a barrel on Tuesday, its 5th session of decline, pressured by concerns that a recovery in demand could weaken as coronavirus infections flare up around the world.Coronavirus cases rose in 22 of the 50 U.S. states…

Equinor to Drill New Wells at North Sea Field as Several Previously Drilled Wells Unsafe for Production

Sep 08, 2020

Norwegian oil and gas firm Equinor is planning to drill new wells at its Martin Linge development in the North Sea, after discovering that several previously drilled wells do not have the necessary barriers and that bringing them online would not be safe…

PGS Completes Seismic Survey Offshore Angola. Fast-Track Data in Q4

Sep 08, 2020

Norwegian seismic data acquisition firm PGS has completed a large seismic survey offshore Angola using the 2008-built Ramform Sovereign vessel.The 2020 PGS Namibe Basin survey connects the 3D seismic coverage of southern Angola with PGS seismic data library coverage in Namibia…

GC Rieber to Transfer Fleet Management Business to OSM

Sep 08, 2020

Norwegian offshore vessel owner and manager GC Rieber Shipping has signed an agreement to transfer its fleet management services business to OSM Maritime Group, and become a pure shipowner.Under the agreement, GC Rieber Shipping will transfer all technical…

Ampelmann Nets Gangway Deal with McDermott in India

Sep 08, 2020

Dutch offshore gangway solutions provider Ampelmann has won a contract that will see one of its crew-transfer gangways deployed offshore India.Ampelmann said Tuesday that it had signed a contract with offshore engineering and construction firm…

Motive Offshore Says 1H Successful Despite Pandemic

Sep 08, 2020

The Scotland-based provider of subsea services and equipment Motive Offshore has said that it has managed to secure several contracts in the past months, with a large chunk coming from the renewables segment, and is also looking to recruit, and all this despite the global pandemic…

Petrobras: Excellent Productivity, High CO2 Levels at Jupiter DST

Sep 08, 2020

Brazil's Petrobras has completed the Drill Stem Test (DST) in the area of the Júpiter Discovery Assessment Plan, located in the Santos Basin pre-salt, reporting excellent well productivity, but high CO2 content.The Jupiter area belongs to the BM-S-24 concession…

Big Projects Will Be Needed to Fill Up North West Shelf's Spare Capacity, Woodmac Says

Sep 08, 2020

Woodside-operated North West Shelf (NWS) LNG project in Australia could have up to 7 million tonnes per annum (mmpta) of spare capacity available by 2027. This equates to 40% of the project’s nominal capacity, energy intelligence firm Wood Mackenzie said in a report this week…

Merkel Doesn't Rule Out Sanctions on Nord Stream 2 Pipeline

Sep 08, 2020

Chancellor Angela Merkel does not rule out imposing sanctions on a pipeline set to bring Russian gas to Germany in response to the suspected poisoning of a Kremlin critic with a Soviet-style nerve agent, her chief spokesman said on Monday.Merkel…

Ørsted Hires Solstad Offshore Vessel for Offshore Wind Farm Work in Taiwan

Sep 07, 2020

Norwegian offshore vessel operator Solstad Offshore has won its second offshore wind contract in Taiwan in less than a month.Following an offshore wind contract award with an unnamed firm in Taiwan for its construction support vessel Normand Baltic…

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