Latest News - page 1694


Speedcast to Supply Comms for West Bollsta

Aug 09, 2019

Remote communication and IT solutions provider Speedcast said it has been awarded a new multi-year contract from offshore drilling contractor Seadrill to provide communications on the West Bollsta semi-submersible rig, off the coast of Norway…

Subsea Bypass to Keep Sand Out of Critical Equipment

Aug 09, 2019

While operators are in the business of producing oil and gas, their wells eventually produce sand. In addition to constricting the well’s oil and gas output, sand that reaches the topsides can damage critical equipment.Preventing sand production through completions is critical…

Denmark's Biggest OWF Set for Launch

Aug 09, 2019

Frederik, Crown Prince of Denmark, will inaugurate Vattenfall’s next and largest offshore wind farm (OWF), Horns Rev 3, in the North Sea on 22 August.The European energy company said in a press note that Horns Rev 3 offshore wind farm is ready…

AGS's Record Breaking Seismic Program

Aug 09, 2019

Norwegian ocean bottom node seismic company Axxis Geo Solutions (AGS)  has achieved several seismic production records during an Utsira multi-client ocean-bottom node (OBN) seismic program.“The production records set last week, demonstrates…

Offshore Wind Boosts Ørsted's Profit

Aug 08, 2019

Danish renewable energy company Ørsted’s operating profit in the first half of 2019 (H1) is $1.3 billion (DKK8.8bn), mostly from offshore wind.'Earnings from our offshore wind farms in operation increased by 18%, driven by ramp-up of generation from new wind farms in operation…

DOF Subsea Wins UKCS Decom Job

Aug 08, 2019

Norwegian vessel provider DOF Subsea has been awarded a contract to decommission subsea infrastructure within the UK Continental Shelf (UKCS).The Oslo-listed  subsea operating company said in a press note that the contract in the decommissioning…

NYSERDA Selects 5 Offshore Wind Projects

Aug 08, 2019

The New York State Energy Research and Development Authority (NYSERDA) has selected five multiyear projects that will further study environmental and commercial fishing topics in support of responsibly developing offshore wind.The projects totaling more than $2 million advance Governor Andrew M…

Unlocking Production Optimization Insights

Aug 08, 2019

Oilfield services company Weatherford said it has integrated Microsoft's Power BI business analytics service into its ForeSite production optimization platform, in a move to enable customized, asset-level operational insight.The Power BI features…

SBM's Third Fast4Ward Hull Under Construction

Aug 08, 2019

Construction on SBM Offshore's third Fast4Ward floating production, storage and offloading unit (FPSO) hull recently began at Chinese shipyard Shanghai Waigaoqiao Shipbuilding and Offshore (SWS), the Dutch FPSO provider revealed on Thursday…

Aker BP Makes Small Gas Discovery

Aug 08, 2019

Aker BP has made a small gas find in the the North Sea, the Norwegian Petroleum Directorate announced this week. The Norwegian oil and gas company drilled a wildcat and appraisal well in production licence 869, about 6 kilometers southwest of the Bøyla field…

Anadarko Shareholders Go for Cash in Oxy Buyout

Aug 08, 2019

Shareholders of Anadarko Petroleum Corp on Thursday voted overwhelmingly to sell the company for $38 billion to rival Occidental Petroleum Corp, ending a short-lived contest that pitted two of the most storied names in the oil industry against one another…

Java Sea Oil Spill Clean-up Continues

Aug 08, 2019

Clean-up efforts after an oil spill from a well in Indonesia's Java Sea will take until at least March next year, state energy firm Pertamina said on Thursday as it struggles to plug the underwater leak.The spill started on July 12 when Pertamina…

BHP Sanctions Ruby Project

Aug 08, 2019

BHP Group said on Thursday it has approved $283 million in funding to develop the Ruby Project offshore in Trinidad and Tobago.Total investment in the project, in which operator BHP holds a 68.5% stake, is about $500 million, the company said…

Exxon Looks to Spur Norwegian Asset Sales

Aug 08, 2019

U.S. oil major Exxon Mobil has hired investment bank Jefferies to sell the stakes it holds in oil and gas fields off the Norwegian coast, which could fetch up to $4 billion, banking sources said.Exxon said in June that it was looking to test market interest for its Norwegian upstream portfolio…

Hybrid Propulsion for Acta Centaurus

Aug 08, 2019

Acta Centaurus, a new DP2 walk-to-work offshore wind construction support vessel owned by Netherlands-based Acta Marine, will be fitted with hybrid propulsion capability from Wärtsilä, the Finland-based technology group announced on Thursday…

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