Latest News - page 1447


Shearwater Wins Forties Survey Deal with Apache

May 18, 2020

Norwegian marine seismic surveyor Shearwater GeoServices has won a contract with Apache for a 4D seismic survey with 3D extension over the Forties Field in the UK North Sea.Irene Waage Basili, the CEO of Shearwater GeoServices: 'We are very…

Petrobras Sees No Need to Cut Oil Production

May 15, 2020

Brazil's state-run Petrobras sees no need for cuts in oil production, executives say, as the market for its crude remains robust in China, while domestic demand for fuel picks up amid social distancing fatigue in Latin America's largest economy…

Equinor-led Group Approves Northern Lights CCS Project

May 15, 2020

A group of European energy companies led by Norway's Equinor agreed on Friday to develop jointly a facility beneath the North Sea to store carbon dioxide storage, a technology that helps in the fight against climate change.The Northern Lights carbon capture and storage (CCS) project…

Rystad: Oilfield Services Firms' Market Cap Halved. Offshore Drillers Have it Worst

May 15, 2020

Oilfield services companies have collectively lost almost half of their market capitalization, hit by the combination of the coronavirus pandemic and low oil prices, with offshore drillers, in particular, the most affected, Norway's Rystad Energy has said in its analysis released on Friday…

TRIG Buys Share in German Offshore Wind Farm

May 15, 2020

London-listed The Renewables Infrastructure Group (TRIG) said on Friday it has completed the acquisition of a 36% stake in a 396 megawatt (MW) offshore wind farm in the German North Sea.Commercial operations commenced in June 2019 at the Merkur…

SeaMar OSV Deep Helder Hired by MMT

May 15, 2020

The SeaMar Group said its offshore support vessel Deep Helder has been hired on a six-month contract to support seabed mapping work for MMT. The contract for the 2014-build DP2 survey and ROV vessel will start in July 2020.Leo Balkema, Managing…

Chinese Survey Ship Leaves Malaysian Waters After Standoff

May 15, 2020

A Chinese survey ship that had been involved in a month-long standoff with a Malaysian oil exploration vessel in the South China Sea has left Malaysia’s exclusive economic zone (EEZ), shipping data showed on Friday.Since mid-April, the Haiyang Dizhi 8 had been surveying in the EEZ…

Wintershall Cleared to Drill at Vega Field with West Mira Rig

May 15, 2020

Oil and gas company Wintershall Dea has obtained consent by the Norwegian offshore safety regulator PSA Norway to use the West Mira offshore rig for drilling at the Vega field in the North Sea.Wintershall Dea will be using the West Mira an ultra…

Saudi Arabia Must Keep Cool and Balance Deep Oil Cuts with Need for Gas

May 15, 2020

Saudi Arabia's sweltering summer may complicate the kingdom's pledge to deepen oil production cuts.Curbing crude output means lower production of associated gas, a byproduct of crude extraction, which Saudi Arabia uses to power air conditioners…

Copenhagen Offshore Partners Opens Vietnam Office

May 15, 2020

Copenhagen Offshore Partners, a Danish company providing project development, construction, and operational management services to offshore wind projects, has opened its new office in Hanoi, Vietnam. The office is located within the French Quarters…

VIDEO: SBM Offshore's Liza Unity FPSO Moves to Dry Dock

May 15, 2020

SBM Offshore, the Netherlands-based FPSO supplier, has shared a video of its Liza Unity FPSO Hull going into the dry dock in Singapore.The hull was ordered on speculation in 2017 as the first of what are now five hulls being built as part of SBM Offshore's Fast4Ward standardized-FPSO-hull program…

TDI-Brooks Completes Niger Delta Survey for TGS

May 15, 2020

TDI-Brooks has said it has completed the offshore multibeam phase offshore the Niger Delta, under a contract by the Norwegian seismic data firm TGS.'This survey took place in water depths of 750 to 3,500 meters and is Nigeria’s first regional…

First Foundation Installed for Kriegers Flak Offshore Wind Farm

May 15, 2020

Following the arrival of Van Oord's Svanen heavy-lift vessel at the Kriegers Flak Offshore Wind Farm location offshore Denmark earlier this week, the first foundation has now been placed on the seabed, Vattenfall, the operator of what will be Denmark's largest offshore wind farm…

Eni Suspends SSV Catarina Offshore Drilling Rig

May 15, 2020

Italian oil and gas company Eni has suspended works carried out by the SSV Catarina semi-submersible drilling rig offshore Indonesia.This was revealed by Singapore-based KS Energy, which last year won the contract with Eni, as part of a joint venture with Universal Energy Resources…

Siemens Gamesa to Build Offshore Wind Nacelle Hub in Taiwan

May 15, 2020

Offshore wind turbine maker Siemens Gamesa Renewable Energy plans to expand its offshore wind turbine nacelle assembly facility in Taichung, Taiwan to form a regional offshore wind nacelle industrial hub together with Taiwan-based suppliers…

Current News

Equinor Extends Drilling Agreements for Norwegian Continental Shelf

BlueNord Reports Record Quarterly Production

Southeast Asia Sees New Wave of Deepwater Gas Projects

Petrobras Starts Up P-79 FPSO Ahead of Schedule

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