Latest News - page 405


TGS Secures OBN Data Acquisition Job in the Gulf of Mexico

Dec 18, 2023

Offshore seismic data firm TGS has been awarded an Ocean Bottom Node (OBN) data acquisition contract in the Gulf of Mexico.The project's acquisition will start in the first quarter of 2024.The contract will cover two-month proprietary OBN data acquisition work…

Petronas Inks Production Sharing Contracts for Two Blocks off Suriname

Dec 18, 2023

Malaysian oil company Petronas has signed production sharing contracts for Suriname’s offshore Blocks 64 and 64 with the country’s state-owned Staatsolie Maatschappij Suriname.Petronas Suriname E&P won the blocks, located in the Guyana-Suriname Basin…

C-NLOPB Updates Hebron Field Volume Estimate

Dec 17, 2023

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has approved the Development Plan Amendment (DPA) for the Hebron Field.The Hebron oil field is located offshore Newfoundland and Labrador, Canada, in the Jeanne d'Arc Basin 340 kilometers southeast of St…

Esgian: Rigs on the Move in Asia and Europe

Dec 17, 2023

This week Esgian’s Week 50 Rig Analytics Market Roundup notes developments in the semisub sector including that Shell has decided to exercise its option on Stena Don in the North Sea but not on Deepsea Bollsta in Namibia. Meanwhile, a new contract…

Aker Solutions Awarded North Sea Decom Work

Dec 15, 2023

Aker Solutions on Friday announced it has been awarded a contract for the dismantling and recycling of a platform topside and jacket in the North Sea area.The Norway-based company did not specify the name of the platform, but said the project consists of a topside with a weight of 19…

Shell and Ampelmann Fined After Worker's Feet Crushed on Gangway

Dec 15, 2023

Shell and Ampelmann Operations have been fined a combined total of more than £1.2 million after an offshore worker’s feet were crushed while walking along a gangway over the North Sea.The U.K. Health and Safety Executive (HSE) prosecuted the…

Serica Prolongs Services Deal with Odfjell Technology

Dec 15, 2023

Odfjell Technology on Friday said it has been awarded a two-year contract extension from Serica Energy for the provision of storage, preservation, maintenance and platform drilling services on the Bruce platform in the UK North Sea.This extension will see the contract through until November 2025…

QatarEnergy Signs Production Sharing Deals for Blocks Offshore Suriname

Dec 15, 2023

QatarEnergy signed two production sharing contracts on Friday relating to two marine areas off the coast of Suriname, rights to which it won during an auction held last June, the company said in a statement.'QatarEnergy will own a 30% working interest in block 64…

Edda Wind Secures Green Financing for Newbuild Program

Dec 15, 2023

Edda Wind announced it has entered into a green term loan facility agreement for the pre- and postdelivery financing of four new commissioning service operation vessels (CSOV) under construction at Vard.The agreement is a €161 million green…

Aker BP Extends Odfjell Drilling's Deepsea Nordkapp

Dec 15, 2023

Offshore drilling contractor Odfjell Drilling announced it has signed an amendment with Aker BP ASA which extends the firm contract for the Deepsea Nordkapp until the end of 2026.The Deepsea Nordkapp—a sixth generation dynamically positioned…

Asso.subsea Installs Inter-Array Cables at Fécamp Offshore Wind Farm

Dec 15, 2023

Asso.subsea announced it has completed the Inter-array cable installation and protection operations for the 500 megawatt (MW) Fécamp Offshore Wind Project offshore France.Asso.subsea was contracted by Prysmian Group to execute the seabed preparation…

Vard Confirms Cable Layer Order

Dec 15, 2023

Norwegian ship designer and builder Vard on Friday announced it has signed a contract to construct a cable laying vessel for an undisclosed customer. The value of the contract is between EUR 200 – 250 million.The vessel is designed by Norwegian company Salt Ship Design AS…

Environmental Assessment Begins for Julimar Phase 3 Drilling and Subsea Installation

Dec 14, 2023

Australian regulator NOPSEMA has begun assessment of Woodside Energy’s environment plans for Julimar Development Phase 3 Drilling and Subsea Installation.The Julimar field is located in Western Australian waters about 170km north-west of Dampier…

Bid Round Raises Optimism in Brazil's Deep Water Industry

Dec 14, 2023

On December 13, 193 blocks were auctioned in Brazil’s oil and gas licensing round, signaling strong optimism for the industry, according to Wood Mackenzie.Highlights from these bid rounds included:• The total amount in bonuses was US$85 million• 44 blocks were acquired in the Pelotas Basin…

Aker Capital Takes Larger Stake in Solstad Offshore

Dec 14, 2023

Aker Capital AS has acquired 8,240,000 shares in Solstad Offshore ASA, at an average price of NOK 48.45 per share.Following the transaction, Aker Capital holds 27,089,493 shares in the company, corresponding to an ownership interest of approximately 32…

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