Offshore Regions News - page 752


Wintershall Noordzee Hires Swift 10 Rig for North Sea P&A Campaign

Mar 16, 2021

Swift Drilling has recently secured a long-term contract by Wintershall Noordzee, for the use of the jack-up rig Swift 10 for a plug and abandonment campaign in the Dutch and German sections of the North Sea.The contract is expected to start this summer with a potential duration of 3 to 4 years…

GE to Hire 300 Workers at Wind Turbine Blade Manufacturing Site in France

Mar 16, 2021

GE Renewable Energy plans to recruit 300 employees at its LM Wind Power wind turbine blade manufacturing site in Cherbourg, France, in 2021. 'Every new hire will go through an intensive training program at the factory's ‘Center of Excellence' to learn wind turbine blade manufacturing processes…

Reuters: Germany Bets U.S. Will Make the Best of 'Bad deal' Nord Stream Pipeline

Mar 16, 2021

Germany is betting the U.S. administration will take a pragmatic approach to the Nord Stream 2 project to ship Russian gas to Europe and is pushing for the pipeline’s completion in defiance of U.S. opposition, officials and diplomats said.To try to block the $11 billion project…

Tidewater Names CFO, COO

Mar 16, 2021

U.S. offshore support vessel company Tidewater has announced the promotion of two key members of the company’s executive team, Sam R. Rubio and David E. Darling, to the positions of Chief Financial Officer and Chief Operating Officer, respectively…

Vår Energi Gets Nod to Use Marulk Field Subsea Infrastructure Until 2030 End

Mar 15, 2021

Norwegian oil and gas company Vår Energi has received regulatory approval to use the subsea facilities on the Marulk field in the Norwegian Sea beyond their original operating life.Vår Energi had consent for the operation of the Marulk field until December 31…

Bechtel, Hexicon in UK Floating Wind Team-up

Mar 15, 2021

Engineering and construction firm Bechtel is partnering with windfarm developer Hexicon to demonstrate innovative twin-turbine floating offshore wind technology for large-scale floating power generation projects off the coast of the U.K. 'The…

ADNOC Suspends Petrofac from Competing for New Contracts over Bribery Case

Mar 15, 2021

Abu Dhabi-based oil and gas giant ADNOC has suspended oilfield services firm Petrofac from competing for new ADNOC contracts 'until further notice,' over a bribery case related to contracts awarded in 2013 and 2014.'Petrofac Ltd announces it…

Edda Wind Orders Two More Offshore Wind Support Vessels. Plans IPO

Mar 15, 2021

Norwegian offshore wind vessel owner Edda Wind has ordered two additional Commissioning Service Operation Vessels (CSOV), as it expects long-term growth for the renewable energy sector. The company is also set for an initial public offering…

Report: UK Could Ban New North Sea Oil and Gas Exploration Licenses

Mar 15, 2021

Ministers in the UK are reportedly looking to put an end to new offshore oil and gas exploration licenses as part of the country's 'net-zero' ambitions, the Sunday Telegraph said in a report released over the weekend, citing an unnamed industry source…

Shell Looking to Sell Interests in Malaysian Offshore Blocks

Mar 15, 2021

Oil major Shell is exploring options to sell its non-operated interests in the Amended 2011 Baram Delta EOR Production Sharing Contract (PSC) and the SK 307 PSC, offshore Malaysia.The assets located offshore Sarawak, Malaysia, are operated by…

VIDEO: New Marine Survey Firm Nicola Offshore Open for Business

Mar 15, 2021

A new company called Nicola Offshore specializing in marine survey campaigns and on-demand missions has started operations from its headquarters in Hamburg, Germany on Monday.According to the company's press statement, Nicola Offshore was established…

CNOOC Starts Production from Caofeidian 6-4 Offshore Oil Field

Mar 15, 2021

China's CNOOC on Monday said it had started production from the Caofeidian 6-4 offshore oil field in the Bohai bay, China.The Caofeidian 6-4 oilfield is located in the Midwest of Bohai, with an average water depth of about 20 meters. 'In addition…

Woodside, Trafigura Load First Carbon Offset Condensate Cargo at Pluto LNG

Mar 15, 2021

Australian oil and gas firm Woodside and its Pluto LNG joint venture partners have delivered their first cargo of carbon offset condensate to commodity trading company Trafigura.The cargo was loaded at Pluto LNG plant in Western Australia, which…

Ex-CEO of MHI Vestas Offshore Wind Joins Maersk Supply Service Board

Mar 15, 2021

Philippe Kavafyan, former CEO of offshore wind turbine maker MHI Vestas Offshore Wind has been appointed as new board member at the Danish offshore vessel operator Maersk Supply Service.'As former CEO of MHI Vestas Offshore Wind, Kavafyan comes…

Oil Prices: Brent Hits $70

Mar 15, 2021

Oil prices rose on Monday, with Brent reaching $70 a barrel, as data showed China's economic recovery accelerated at the start of 2021, boosting the energy demand outlook at the world's largest oil importer.Brent crude futures for May were steady at $69…

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