Latest News - page 1590


Sparrows: Mitigating Dropped Objects Risk

Aug 20, 2019

Sparrows Group said its US business has become the first company in the US to be certified as a Recognized External Specialist by the American Bureau of Shipping (ABS) for Dropped Objects Risk Inspection and Program Audits.Sparrows has provided…

There’s Something Happening off Newfoundland

Aug 20, 2019

It’s hard to nail down when it all started — perhaps when the Canadian province of Newfoundland and Labrador opted for the Norwegian model of direct government ownership shares in its offshore oilfields.Or it might have started with Equinor’s…

New Jersey to Create WIND Institute

Aug 20, 2019

New Jersey's Governor Phil Murphy has signed an executive order to establish a Council for the Wind Innovation and New Development (WIND) Institute.The institute will develop and implement a plan to create a regional hub for New Jersey’s offshore…

Empyrean Energy to Spud Well in Indonesia

Aug 20, 2019

Australia's Empyrean Energy provided an operational update in relation to the upcoming drilling campaign in the Duyung PSC in the West Natuna basin, offshore Indonesia, in which Empyrean holds an 8.5% interest.The oil and gas development company with interests in China…

Ed LeBlanc Joins Ørsted

Aug 20, 2019

Ørsted US Offshore Wind has hired former U.S. Coast Guard (USCG) officer Ed LeBlanc as Manager of Marine Affairs.The company operates Block Island Wind Farm, America’s first offshore wind farm said that  LeBlanc has over 40 years of experience in the USCG…

Rotterdam Port Rides High on Offshore Waves

Aug 20, 2019

The largest port in Europe, the Port of Rotterdam has reported a new transhipment record for the first six months of 2019 - 240.7 million tonnes, or a 3.4% increase compared to 2018.The offshore sector also made a significant contribution to the maritime activity…

Power Outage Shuts Hibernia Production

Aug 19, 2019

Production is shut down at the 220,000-barrel-per-day Hibernia oil platform off the coast of eastern Canada, Hibernia's largest shareholder ExxonMobil Corp said on Monday, after a temporary power cut led to oil and water leaking into the ocean…

Saudi Aramco Asks Banks to Pitch for IPO Roles

Aug 19, 2019

Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources with direct knowledge of the matter said.Aramco's planned IPO, which could potentially raise $100 billion…

Seadrill Using AI to Monitor the 'Red Zone'

Aug 19, 2019

New offshore drilling safety technology has been developed to monitor and provide advanced warning of potential risks in the “Red Zone”, the area of the rig floor where heavy drilling equipment operates and the risk of injury is highest.Vision IQ…

KW Designed Solutions Restructures

Aug 19, 2019

Chorley, UK based high pressure engineering company KW Designed Solutions said it has recently restructured, launching a new company KW Pressure Testing and introducing the KW Group to manage both firms, as part of a complete rebrand.A new state-of-the-art…

Petrofac, SOCAR Partner in Support Contract

Aug 19, 2019

Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured an engineering and technical services contract to support Total and SOCAR’s exploration and production activities in Azerbaijan, the UK Services company announced on Monday…

Deepwater ... in the North Sea?

Aug 19, 2019

Once upon a time, many a year ago, the North Sea was seen as a new deepwater exploration frontier. Some may be surprised that it still is.Back in the 1960s, compared with the shallow waters of the Gulf of Mexico where drillers first got their feet wet…

INTECSEA Wins MJ Field Contract from RIL

Aug 19, 2019

Worley subsidiary INTECSEA has been awarded a project management consultancy (PMC) contract by Reliance Industries Ltd (RIL) for the MJ Field deepwater gas and condensate project offshore India.Under the contract, INTECSEA will provide PMC services…

Jumbo's Fairplayer to Test Biofuel Oil

Aug 19, 2019

Heavy lift shipping and offshore transportation and installation contractor Jumbo said it has partnered with marine biofuel company GoodFuels in a joint venture initiative to test marine biofuel oil on board a DP2 heavy lift crane vessel during an offshore decommissioning project…

BOEM Okays Shell's Caesar Tonga Sale to Equinor

Aug 19, 2019

The U.S. Bureau of Ocean Energy Management (BOEM) as approved Equinor and Shell’s transaction announced in May 2019, whereby Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of $965 million in cash…

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