Latest News - page 1544


Equinor gets OK for Topaz Rig Use on Heimdal

Mar 04, 2020

The Norwegian energy company Equinor has received a regulatory consent to use the Topaz modular drilling rig at the Heimdal field in the North Sea, offshore Norway. More specifically, the Petroleum Safety Authority Norway has given its approval for the Equinor to install…

Australia: Santos Drops Beehive Farm-In Option

Mar 04, 2020

Australian oil and gas company Santos will not be farming into Melbana Energy's Beehive prospect sitting in the shallow waters in the Bonaparte Basin off W. Australia.Santos had an option to acquire an 80 percent interest in the offshore block in exchange for drilling costs of one exploration well…

Malaysia: Uzma in Offshore P&A Gig with Shell

Mar 04, 2020

Malaysian energy services firm Uzma has a contract with Shell for plugging and abandonment work offshore Malaysia.Under the letter of award signed with Shell's subsidiaries in Malaysia, Uzma will provide platform wells plug and abandonment campaign…

Cameroon: TechnipFMC Clinches Etinde FEED

Mar 04, 2020

Oilfield services giant TechnipFMC has won a front end engineering design (FEED) contract for the development of the offshore IM gas condensate field at Etinde, Cameroon. The Etinde Permit (former Block 7) lies in shallow water in the Rio del Rey Basin…

1st SeaMade Offshore Substation Hits Water

Mar 03, 2020

The first of two offshore substations for the 487MW SeaMade offshore wind project – Belgium’s largest - has left the construction yard in Hoboken for its final destination in the Belgian North Sea.The 1,200 tonne substation has four decks, is 14 meters high and has an output capacity of 235MW…

PaxOcean to Build Jack-up for Japanese Firm

Mar 03, 2020

PaxOcean, Singapore-based builder focused on offshore rigs, semi-submersibles and specialized offshore vessels, has signed a contract with Japanese general contractor Penta-Ocean Construction to construct a self-elevating platform (SEP) for use in the offshore wind sector in Japan…

NJ Unveils Offshore Wind Solicitation Schedule

Mar 03, 2020

New Jersey Governor Phil Murphy has unveiled the offshore wind solicitation schedule to meet the state’s 7,500 MW offshore wind goal by 2035 and called upon the New Jersey Board of Public Utilities to take all necessary actions to implement the schedule…

MHI Vestas Wins First OWF Order in Japan

Mar 03, 2020

MHI Vestas Offshore Wind has signed a firm order with Akita Offshore Wind Corporation (AOW) to supply turbines for the Akita Noshiro Offshore Wind Farm (OWF) Project. This is the first firm order in Japan for the Danish wind turbines manufacturer…

Roll Group to Devlop Yard in Indonesia

Mar 03, 2020

The Netherlands based heavy cargo specialist Roll Group said it has signed a contract to further develop and open its own yard at Indonesia's Bintan Offshore Marine Center (BOMC).BOMC has offered Roll Group the opportunity to become an exclusive partner in the BOMC yard…

ExxonMobil Calls for Tighter Methane Regulations

Mar 03, 2020

ExxonMobil on Tuesday called for tighter regulation of the greenhouse gas methane and offered up its own in-house rules as a model for companies and lawmakers worldwide.The largest U.S. oil company laid out the guidelines it follows - some of…

Sandvik Wins Mero Steel Tube Umbilical Order

Mar 03, 2020

Sandvik reports it has won the first large-scale stainless steel umbilical tube order in Brazil’s pre-salt Mero oilfield.Mero is an expansive pre-salt oilfield in the Santos Basin offshore Rio de Janeiro with immense oil production potential…

Eni Taps OPT PowerBuoy for New Mission

Mar 03, 2020

US-based Ocean Power Technologies said Italian energy company Eni has extended its lease of a PB3 PowerBuoy for an additional 18 months. OPT has also been contracted for an additional scope of work to provide a power and communications solution for an entirely new application in the Adriatic Sea…

Spirit Energy Sells Danish Offshore Discoveries

Mar 03, 2020

North Sea-focused oil and gas company Spirit Energy has signed an agreement to divest two non-core Danish assets to INEOS.Spirit Energy will, as part of the deal, sell to Ineos two of its companies with licenses in Denmark. The two companies jointly own 40% in the Hejre discovery and 27…

Major Energy Conference Cancelled on Coronavirus Fears

Mar 03, 2020

Coronavirus concerns prompted organizers on Sunday to cancel one of the world's most prestigious gatherings of oil ministers and top executives from the energy and financial industries scheduled for this month in Houston.The fast-spreading virus has infected around 85…

Oil Output Cuts Could Boost Price to $60 a Barrel, Lukoil Says

Mar 03, 2020

OPEC's proposal to cut oil production by up to 1 million barrels a day would be enough to balance the oil market and lift prices to $60 a barrel, Leonid Fedun, vice-president of Russian oil producer Lukoil, told Reuters. The comments from Fedun…

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