Latest News - page 1343


Norway: Aker Solutions Nets Tommeliten Alpha Work with ConocoPhillips

Oct 02, 2020

Norway's Aker Solutions has signed contracts with ConocoPhillips to deliver a subsea production system for the Tommeliten Alpha discovery off Norway, and to conduct a front-end engineering and design (FEED) for modifications on the Ekofisk installations to integrate the Tommeliten Alpha discovery…

Noble Shareholders Set to Approve $4.2B Chevron Deal

Oct 01, 2020

Noble Energy Inc shareholders on Friday are expected to approve its sale to Chevron for about $4.2 billion in stock, cementing the first big energy deal since the coronavirus crushed global fuel demand.The purchase would boost Chevron's U.S…

BP, Golar Agree 11-month Delay for Gimi FLNG

Oct 01, 2020

Golar LNG has informed that force majeure events have been lifted on the GIMI FLNG the company is building for Greater Tortue Ahmeyim project in Senegal/Mauritania offshore area, and that the project would be delayed for 11 months compared to the original schedule…

Konecranes and Cargotec to Merge

Oct 01, 2020

Finnish engineering firm Konecranes and cargo handling machinery maker Cargotec plan to merge to help speed up innovation and reap savings, they said on Thursday, sending both of their shares sharply higher.The boards of the companies, which…

TechnipFMC Nets 'Large' Subsea Order from Exxon for Payara Development in Guyana

Oct 01, 2020

Oilfield services company TechnipFMC said it has won a large contract to supply subsea equipment for ExxonMobil's Payara development offshore Guyana, following the oil major's FID on the project on Wednesday.Under the contract, TechnipFMC will manufacture and deliver the subsea production system…

Drydocks Starts Building SPM Buoy for Orwell Offshore

Oct 01, 2020

Dubai-based Drydocks World has started construction of a single point mooring buoy for Orwell Offshore's “Lekki SPM Project.”The SPM is planned to be installed in the petroleum product handling facility at the Lekki Free Trade Zone in Lagos State…

Charter Signed for First-ever U.S.-flagged Jones Act Compliant SOV

Oct 01, 2020

Offshore vessel operator Edison Chouest Offshore (ECO) will build and operate the first-ever U.S. flagged Jones Act compliant Service Operations Vessel (SOV), used for offshore wind farm operation and maintenance works.Edison Chouest Offshore…

Construction of World's Largest Floating Wind Farm Kicks Off

Oct 01, 2020

The construction has started in Norway of what will be the world's largest floating wind farm - the Hywind Tampen.Norway's Prime Minister Erna Solberg and Kværner apprentice Arne Linga officially kickstarted the construction work by starting…

Dana Petroleum Taps Maersk Drilling for Dutch North Sea Project

Oct 01, 2020

Danish offshore drilling rig company Maersk Drilling has signed a drilling contract with Dana Petroleum in the Netherlands, to provide a jack-up rig for the drilling at a project in the Dutch North Sea, and has agreed to delay a project in Denmark…

Premier Oil Gets Some Breathing Space from Creditors

Oct 01, 2020

Creditors of Premier Oil have extended a waiver for the group's debt covenant test until Nov. 5, Premier said on Thursday, granting it breathing space to avoid an immediate debt crunch and work on a longer-term plan.Premier needs to convince…

Seadrill Replaces CEO

Oct 01, 2020

Offshore drilling contractor Seadrill has replaced CEO Anton Dibowitz. Seadrill's CFO Stuart Jackson will take Dibowitz's place, with immediate effect.Seadrill, which this week got more time from creditors to come up with a $7.3 billion debt restructuring solution…

Nexans' Umbilicals for Senegal's First Offshore Oil Project

Oct 01, 2020

Offshore cable solutions provider Nexans will deliver subsea umbilicals for Senegal's first offshore oil field, the Sangomar.Subsea 7 awarded Nexans a contract to design and manufacture 46km of umbilicals for the Woodside-operated field. Subsea…

SBM Offshore Confirms Payara FPSO Award

Oct 01, 2020

With ExxonMobil sanctioning its third offshore development in Guyana following the government approval, SBM Offshore has confirmed it has won a contract to deliver an FPSO for the project.Under the contract, SBM Offshore will construct, install…

Corvus to Supply Batteries for Taiwan-bound Offshore Wind Vessel

Oct 01, 2020

Battery solutions provider Corvus Energy has won a contract with Vard Electro to supply lithium-ion battery-based Energy Storage Systems (ESS) for the new vessel being built at Vard Vung Tau yard in Vietnam for the Greater Changhua wind farms in Taiwan…

Gallery: Deme's First Service Operation Vessel Launched in Turkey

Oct 01, 2020

Belgian offshore services contractor Deme saw the hull of its first-ever Service Operation Vessel (SOV) launched at the Cemre shipyard in Yalova, Turkey. The twin-hull vessel named ‘Groene Wind’ (Green Wind), will be used for offshore wind farm…

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