Offshore Arctic News - page 3


Keppel Rejects Awilco Drilling's Rig Contract Termination. Ponders Legal Action

Jun 09, 2020

Singapore's offshore rig builder Keppel is considering taking legal action against Awilco Drilling after the drilling company on Monday said it had terminated a rig construction contract with Keppel.Awilco Drilling said Monday that its subsidiary…

No Change to Rosneft Sanctions Despite Ownership Change

Jun 08, 2020

Russia lowering its direct stake in top oil producer Rosneft will not alter its exposure to U.S. sanctions, a U.S. Treasury spokesman told Reuters.State holding company Rosneftegaz has lowered its 50.33% direct stake to 40.4% with subsidiary RN-NeftKapitalInvest taking 9…

Russian JV Orders Walk-to-work Icebreaker

Jun 02, 2020

After a tender procedure, Dutch shipyard Royal Niestern Sander and a joint-venture between Russia's Mercury Sakhalin and Pola have signed an agreement for the construction of the world’s first shallow draft ice-breaking walk to work vessel. After delivery in December 2021…

Gazprom's Arctic Offshore Platform Ships Its 200th Oil Cargo

May 28, 2020

Gazprom Neft, the oil branch of Russian gas giant Gazprom, has shipped the 200th consignment of ARCO crude from its Prirazlomnaya offshore platform in the Russian arctic.This milestone shipment was carried out by the Mikhail Ulyanov tanker…

PGS Completes Shetland Survey. Moves Vessel to Barents Sea

May 28, 2020

Norwegian seismic acquisition company PGS has completed its East Shetland Basin 2020 survey using the Ramform Tethys seismic vessel.The company said Wednesday the first results of the survey would be available in August. 'PGS and the survey…

Photo: Johan Castberg Anchor System Installation Underway

May 27, 2020

Norwegian offshore vessel contractor Island Offshore has shared photos of what it says is one of the most comprehensive anchoring projects globally in 2020 - the installation of an anchor system for Equinor's Johan Castberg project in the Barents Sea…

Mammoet Lands its ‘Biggest Ever’ Contract at Arctic LNG 2 Project

May 25, 2020

Dutch heavy lift and transportation company Mammoet has said it has won its largest-ever contract at the Arctic LNG 2 project in Russia.Mammoet said Monday the contract was awarded by Technip-led joint venture NovArctic in cooperation with Saipem and NIPIgas…

Japanese Bank Puts Oil Sands, Arctic Drilling on 'Restricted' List

May 13, 2020

Mitsubishi UFJ Financial Group said on Wednesday it has put oil sands extraction and drilling for crude oil and gas in the Arctic on its 'restricted transaction' list, potentially a further tightening on financing fossil fuels by Japanese banks…

Lundin Gets Drilling Permit for Barents Sea Well

May 12, 2020

Lundin Energy has obtained a drilling permit for an offshore exploration well in the Barents Sea, off the Norwegian coast.The Norwegian Petroleum Directorate said Tuesday that it had granted Lundin Energy Norway permission to drill the well formally named 7219/11-1…

Gazprom's Arctic Gas Find Named '75 Years of Victory'

May 11, 2020

Russian gas giant Gazprom has named a new field discovered in the Yamal gas production center '75 Years of Victory' or 75 Let Pobedy in Russian, marking 75 years since the end of World War II and the victory over Nazi Germany.Gazprom discovered…

Equinor to Shut Hammerfest LNG Plant for Two Weeks in May

May 06, 2020

Equinor will shut down its Melkoyea liquefied natural gas (LNG) plant for two weeks of maintenance in the second half of May, the Norwegian oil and gas company said on Wednesday.The shutdown of the plant, also called Hammerfest LNG, which liquefies…

Hilcorp to Conduct Geohazard Survey in Cook Inlet, Alaska

May 05, 2020

Oil and gas company Hilcorp has received permission from the U.S. Bureau of Ocean Energy Management to carry out a geohazards survey in the federal waters of Cook Inlet, off the coast of Southcentral Alaska. The area to be surveyed is in lower Cook Inlet…

Spirit Energy Gets OK for Barents Sea well

May 01, 2020

Oil and gas company Spirit Energy has been given the approval to drill an offshore well in the Barents Sea, offshore Norway.The country's offshore oil and gas safety body PSA Norway, said this week that it had given Spirit Energy permission to drill the 7321/8-2 S offshore well…

Johan Castberg FPSO Turret Mooring System Complete

Apr 27, 2020

Dutch company SBM Offshore has announced the sailaway of the last two modules for the Turret Mooring System built for Equinor's Johan Castberg FPSO which will, once completed, be deployed in the Barents Sea, offshore Norway.The modules will…

Norway Proposes Extension to Arctic Offshore Drilling Boundary

Apr 24, 2020

Norway plans to extend its no-go zone for oil exploration in the country's Arctic waters but stopped short of areas for which licenses have already been granted to oil companies.The government on Friday proposed an extension of the so-called…

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