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Petronas FLNG Relocates to Sabah

Mar 13, 2019

Malaysian state-owned oil firm Petroliam Nasional Bhd (Petronas) said on Wednesday it had relocated its floating liquefied natural gas facility to the eastern state of Sabah, nearly two years after it began operations.The Petronas FLNG (PFLNG) Satu is now moored in the Kebabangan cluster field…

Orsted Seeks Ways to Avoid Brexit Tariffs

Mar 13, 2019

Denmark's Orsted is looking at ways to avoid potential tariffs on imports of components for its multi-billion pound British offshore wind farms in the event of a disorderly Brexit, the company's UK chief told Reuters.With only 16 days before Britain is due to leave the European Union…

Petrobras Prices $3 Bln in Bonds

Mar 13, 2019

Brazilian oil company Petroleo Brasileiro SA has priced global notes worth $3 billion due in 2029 and in 2049 as it seeks to repurchase shorter-term debt obligations, according to a securities filing late Tuesday.Petrobras, as the state-run company is known…

Qatar Petroleum Buys Into Morocco Exploration Blocks

Mar 13, 2019

Qatar Petroleum said on Wednesday it has entered into an agreement with Eni to acquire a 30 percent participating interest in the Tarfaya Shallow Exploration Permit, a series of 12 neighboring offshore blocks along the Atlantic coast of Morocco…

Eni Makes Major Oil Find Offshore Angola

Mar 13, 2019

Italian oil major Eni said on Wednesday it has made a major discovery in Block 15/06, in the Agogo exploration prospect, in the deep waters offshore Angola.The find is Angola's largest offshore discovery in years. Eni said the discovery is estimated…

UK's First Offshore Wind Farm Decommissioned

Mar 13, 2019

German energy group E.ON will decommission the first wind farm built in U.K. waters, as the 4-MW facility has reached the end of its technical lifespan.Dismantling of the two-turbine Blyth offshore wind farm off of Northumberland will begin in April and last about four to six weeks…

Partners Group invests in Greenlink

Mar 13, 2019

Private markets investor Partners Group has provided equity financing for the 500-MW Greenlink interconnector,  the subsea connection between Wales and Ireland in exchange for a stake in the scheme.To-date, Greenlink has been developed by Element Power…

SeaBird Scores Contract Extension

Mar 12, 2019

SeaBird Exploration announced Tuesday that its contract for the Eagle Explorer with CGG has been extended by approximately 80 days for another survey in Northern Europe. The contract is now firm until August 15, 2019, with further options for CGG to extend with up to 60 days…

RDS Tallies Design Engineering Contract

Mar 12, 2019

KCA Deutag’s engineering and design solutions provider RDS has been awarded a new contract for the detailed design of a drilling facility for an offshore platform.The contract, which marks RDS’s first detail design award for a new greenfield platform since the oil price decline in 2014…

TenneT Contracts Fugro for UXO Services

Mar 12, 2019

Geo-data specialist Fugro announced Tuesday it has been awarded a multimillion dollar contract from TenneT to provide integrated unexploded ordnance (UXO) services at an offshore wind farm development in Dutch coastal waters. The contract follows…

Platform Installed at D28 Off Malaysia

Mar 12, 2019

A lightweight, conductor-supported, minimum facility wellhead platform has been installed in 35 m water depth for the D28 oilfield Phase 1 project offshore Sarawak, Malaysia, for OceanMight Sdn Bhd on behalf of PETRONAS Carigali Sdn Bhd, 2H Offshore announced on Tuesday…

i-Tech 7 Taps Hird as APAC Director

Mar 12, 2019

Subsea 7’s life of field business unit i-Tech 7 has appointed Simon Hird as its new regional director to help strengthen and grow its life of field business in the Asia-Pacific region. He will be based in the company’s Perth office.Hird brings…

Chevron to Use Subsea Compression at Jansz-Io

Mar 12, 2019

Aker Solutions announced Tuesday it has been awarded a master contract to support the delivery of a subsea compression system for the Chevron Australia-operated Jansz-Io field offshore Australia, marking the first time the technology will be used outside of Norway…

EnQuest Shares Slump to Three-year Low

Mar 12, 2019

British oil firm EnQuest's shares slumped to a three-year low on Tuesday after Cairn Energy, its partner in its flagship Kraken project, cut its estimate of the oilfield's reserves by around a fifth.The Kraken oil and gas field in the British North Sea is EnQuest's largest producing asset…

Atals Sets Sights on Asian Offshore

Mar 12, 2019

Atlas Professionals has extended permanent recruitment and executive search services for the offshore wind industry to the Asia Pacific region.'With the offshore renewables industry surging ahead as countries aim to achieve their climate targets…

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