Norwegian offshore vessel provider Østensjø Rederi has signed long-term contracts for three of its offshore vessels.The new contracts for the Edda Fauna and Edda Flora vessels, signed with subsea services company DeepOcean, will begin in the…
A remote simulation solution for Dynamic Positioning (DP) Induction Courses developed by Kongsberg Digital (KDI) to support training centers worldwide during the COVID-19 pandemic lockdowns has been approved by The Nautical Institute.Since the start of the pandemic…
A Covid 19 outbreak on Ithaca Energy's FPF-1 platform in the UK North Sea has forced the oil and gas company to shut down production. In total, four crew members from the offshore production platform have tested positive and have been sent ashore…
The UK Oil and Gas Authority said Wednesday to would take a 'blended approach' when it comes to the companies' compliance with oil and gas license timelines, in the wake of the pandemic.The regulator had back in March 2020 said it would seek…
In the quest to mitigate the threat of COVID-19 on offshore rigs and ships, Mako Industries sells and installs a new technology – Puradigm – which offers promise.
Angola’s state oil giant Sonangol will next year accelerate reforms and efforts to raise revenue after the pandemic drained investor interest in an asset sale that has so far netted only around $60 million, its CEO told Reuters in a rare interview…
Bahamas Petroleum Company (BPC), an oil and gas firm which is gearing up to spud its first well offshore the Bahamas next month, has raised the cost estimates for the drilling operation, citing COVID-19 mitigation measures.As previously reported…
Malaysian FPSO contractor Bumi Armada has declared a 'force majeure' event related to the FPSO contract it has with India's ONGC, citing the effects of the coronavirus pandemic on the FPSO construction schedule.ONGC, in a joint venture with Shapoorji Pallonji…
Oil firm Equinor expects global oil demand to peak by around 2027-2028, two-free years earlier than the company previously saw, as a result of the COVID-19 pandemic, it said on Tuesday.There is no agreement on when oil demand could peak, but…
A new notation and new guidance launched by ABS amid the COVID-19 pandemic aims to help marine and offshore operators reduce transmission of disease, the classification society said Tuesday.The ABS Guide for Mitigation of Infectious Disease…
The COVID-19 crisis has created an unprecedented challenge to the offshore sector, one that is truly global in impact but with a shifting picture in different regions, from recovery in some to the threat of a second wave in others. According to Bureau Veritas’ Dawn Robertson…
North Sea oil and gas operator Taqa has asked 54 offshore workers to self-isolate for precaution after, during shared helicopter flights, they got into contact with seven Brae platforms workers who later tested positive for Covid 19.In a statement sent to Offshore Engineer…
Equinor, Norway's largest oil company, said Tuesday that the Covid-19 pandemic and weakened Norwegian krone have negatively impacted some of its offshore development projects in Norway, however, the company said that its 'combined project portfolio is still very resilient…
Canadian oil and gas company Husky Energy said Wednesday it would put under 'a review' its West White Rose offshore oil project in Canada's Atlantic region, citing delays due to the suspension of all works on the project earlier this year due to the global pandemic…
From today, the Oil Companies International Marine Forum (OCIMF) is including a remote vessel inspection option as a temporary tool within its Offshore Vessel Inspection Database (OVID), the inspection protocol for offshore vessels. The option…
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