Offshore Regions News - page 663


5th Circ. Won't Reconsider Ruling on FLSA Exemption for Seamen

Oct 01, 2021

A U.S. appeals court on Thursday said workers who use cranes attached to boats to load equipment onto offshore oil rigs are not 'seamen' exempt from overtime pay under federal wage law, reviving a collective action against liftboat operator All Coast LLC…

Lithuania Accelerates Green Transition

Oct 01, 2021

Lithuania will bring forward its target for using only green power to 2035, 15 years earlier than currently planned, its energy minister said.The target for using at least 50% green power will be moved to 2025 from 2030, a move partly to get…

Prysmian Gets 'Go Ahead' for $232M U.S. Offshore Wind Cable Project

Oct 01, 2021

Subsea cable maker Prysmian has been granted a 'notice to proceed' for a contract valued at around 200 million euros (around $232 million) to supply a subsea power cable system for the Vineyard Wind 1 offshore wind farm in the U.S.The Vineyard Wind 1 offshore wind farm…

Petrobras Confirms Bids for Albacora Fields. Could Snap Up More Than $4B

Oct 01, 2021

Brazilian oil and gas company Petrobras has confirmed it has received bids for its Albacora and Albacora Leste offshore fields which could 'exceed US$4 billion for both fields.'Petrobras said that binding offers were submitted by the consortia…

Offshore Wind: Japanese Firms KCS, MOL In Cable Laying Collab

Oct 01, 2021

Japanese subsea cable laying firm Kokusai Cable Ship (KCS) and the shipping giant Mitsui O.S.K. Lines (MOL) have signed an agreement to collaborate on the operation of cable-laying ships to meet the increasing demand for the installation of power cables…

Petronas Carigali Books Velesto Jack-up Rig

Oct 01, 2021

Malaysian offshore drilling contractor Velesto has received a letter of award from Petronas Carigali for the jack-up drilling rig Naga 2.Under the contract worth $12,4 million, Petronas Carigali will use the Naga 2 rig to drill five wells.Petronas…

COSL Nets Long-term Offshore Drilling Deal with Ithaca Energy

Oct 01, 2021

Offshore drilling contractor COSL Drilling Europe has secured a long-term drilling contract with Ithaca Energy for well operations on the Abigail well and the Captain phase II development in the central North Sea, offshore the UK.COSL Drilling…

Incat Crowther-designed Crew Transfer Vessel Under Construction in China

Oct 01, 2021

Australian vessel designer Incat Crowther said Friday China’s first purpose-built catamaran crew transfer vessel was under construction at AFAI Southern Shipyard. To be operated by Goldsea Marine & Offshore Engineering (Shanghai) Co Ltd, the vessel will support China’s offshore wind farm sector…

Wood to Provide Operations and Maintenance Services on Shell, NAM Southern North Sea Assets

Oct 01, 2021

Engineering firm Wood has won a new operations and maintenance contract with Shell UK (SNS) and Nederlandse Aardolie Maatschappij (NAM) on assets located in the UK and Netherlands sectors of the Southern North Sea basin.The three-year contract…

Neptune Energy Spuds Dugong Tail Wildcat

Oct 01, 2021

Oil and gas company Neptune Energy has started drilling on the Dugong Tail exploration well in the Norwegian sector of the North Sea.Neptune Energy is using the Deepsea Yantai semi-submersible rig for the operation. The same rig was used for the Dugong well last year…

Archer Names New Director

Oct 01, 2021

Oilfield services company Archer has appointed Jan Erik Klepsland as director. He will replace Kristian Melhuus, who has resigned resign as director of the Archer board. 'The board would like to thank Mr. Melhuus for his substantial contribution to Archer over the past years…

Van Oord Orders WTIV for 20MW Offshore Wind Turbines

Oct 01, 2021

Dutch marine and offshore services company Van Oord has ordered a new offshore wind turbine installation vessel that will be able to install next-generation wind turbines of up to 20MW. The vessel will be built by Yantai CIMC Raffles Shipyard in China…

Seaway 7, OHT Merger Complete

Oct 01, 2021

Offshore installation giant Subsea 7 has informed that the merger between its offshore wind subsidiary Seaway 7 and offshore and heavy lift vessel owner OHT has been completed.Subsequent to the combination, first proposed in July 2021, OHT ASA will be re-named Seaway 7 ASA…

Hurricane Ida's Lingering Effects Tighten Global Oil Market

Oct 01, 2021

Hurricane Ida's extensive and unexpectedly lingering disruption to output in the Gulf of Mexico has been the single most important factor contributing to the surge in oil prices over the last month.Damage to offshore installations has cut cumulative…

First Oil Flows from Lundin Energy's Solveig Offshore Oil Field in Norway

Oct 01, 2021

Swedish oil company Lundin Energy has started production from the Solveig oil field in the North Sea, offshore Norway.First oil from the field, developed as a subsea tie-back to the Edvard Grieg platform was achieved Thursday, The Solveig field…

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