Offshore News


Pacific Drilling Files for Chapter 11 Bankruptcy Again

Nov 02, 2020

Offshore drilling firm Pacific Drilling and certain of its subsidiaries have filed for Chapter 11 bankruptcy with the aim to eliminate $1.1 billion debt.The company, which had previously filed for Bankruptcy in 2017, said Friday that it and…

Op/Ed: Candidates Should Not Ignore Offshore Safety Advances

Oct 30, 2020

The American Gulf of Mexico is home to impressive industry and even more incredible beauty. Every day, fishermen, conservationists, tour guides, canal and port dredgers, offshore oil and gas workers and countless others go to work in and around the Gulf of Mexico…

Frequent Hurricane Shutdowns Weigh on US Energy Results

Oct 29, 2020

As crews began returning to U.S. Gulf of Mexico offshore facilities on Thursday, this year's repeated oil and gas production halts were already hitting energy firms' results.Eight named storms entered the U.S. Gulf of Mexico this year, most…

Brownfield Development: Tyra pieces falling into place

Oct 29, 2020

Tyra – Denmark’s largest gas and condensate field and main gas processing hub – was, a few years ago, on the verge of being decommissioned, which would have, according to reports back then, wiped out thousands of jobs.The field located 225km west of Esbjerg…

Malaysia: Petronas Launches Investigation into Fatal Offshore Incident

Oct 29, 2020

Malaysian oil and gas giant said Thursday it was investigating the cause behind the incident that happened earlier this week when the Dayang Topaz offshore vessel crashed into its platform at the Baram field, off Sarawak.'A thorough assessment of the platform structures is being carried out…

Israel, Lebanon Hold Second Round of Sea Border Talks

Oct 28, 2020

Israel and Lebanon on Wednesday held a second round of U.S.-mediated talks over their disputed sea border that has held up hydrocarbon exploration in the potentially gas-rich area, though sources said gaps between the sides remain large.Delegations from the long-time foes reconvened at a U…

Petrobras to Buy P-71 FPSO and Deploy It on Itapu Field

Oct 28, 2020

Brazilian national oil company Petrobras has agreed to buy the P-71 Floating Production Storage and Offloading (FPSO) vessel and use it for the development of the Itapu field.Petrobras said that the FPSO was to be used at the Tupi field, however…

Malaysia: Two Dead After Offshore Vessel Rams into Oil Platform

Oct 27, 2020

Two crew of a Malaysian offshore support vessel died on Tuesday after their ship hit a [platform] operated by state oil firm Petronas off the state of Sarawak on Borneo island.The Dayang Topaz rammed into the Baram B oil platform after its anchor cable broke in bad weather…

Digitizing Risk-based Integrity Management of FPSOs

Oct 23, 2020

Industries are adapting to an increasingly digitalized landscape. The floating production, storage and offloading (FPSO) industry is no different. As concerted efforts are made to improve project economics Matt Tremblay, ABS Senior Vice President…

Turkey May Work with Foreign Companies to Bring Online Giant Black Sea Gas Find

Oct 23, 2020

Turkey may cooperate with foreign firms to bring online its giant gas find in the Black Sea, made in August this year.As reported by Reuters, the country's energy minister Fatih Donmez said on Thursday that Turkey would operate the gas field…

Gallery: Nexans Aurora Fitted With Cable Lay Equipment

Oct 23, 2020

Norwegian offshore shipbuilder Ulstein, constructing the Nexans Aurora cable layer for Nexans, has this week said that the installation of Maats cable laying equipment on the vessel has begun.Per Ulstein, Maats’ & Marine Fabricators’ installation team arrived on site on October 14…

Video: USCG Performs Rescue Drill on Wind Turbine off Virginia

Oct 22, 2020

As the U.S. offshore wind industry begins to build up, the U.S. Coast Guard is training to ensure it is prepared to respond to any potential emergency—even at 400 feet in the air.Last week, an MH-65 Dolphin helicopter aircrew from Coast Guard Air Station Atlantic City…

Greece Calls for Tougher EU Stance Over Turkish Mediterranean Exploration

Oct 22, 2020

Greece urged the European Union on Wednesday to reconsider its customs union with Turkey in response to Ankara's continued gas exploration in contested Mediterranean areas, deploring what it termed Ankara's 'imperial fantasies.'After meeting…

Offshore Equipment Hydraulic Maintenance Tip-of-the-Day: Oil Cleanliness

Oct 21, 2020

Tip #3: Oil Cleanliness - Don't add regular filter changes to your maintenance scheduleMost filters have switches indicating when the element is full, and sometimes waiting for that may be too late. Changing filters on a regular service interval…

ABS Grants Approval in Principle for DSME Floater

Oct 21, 2020

Maritime and offshore classification society American Bureau of Shipping (ABS) has granted Approval in Principle (AiP) for the design of what it described as 'a wide breadth, single row, near-shore LNG Floating Production Storage Offloading Vessel (FPSO) hull with a jetty-moored system…

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