Cross Group News

 

Seadrill Suspends Debt Payments as Restructuring Talks Continue

Sep 16, 2020

A group of Seadrill's creditors has agreed to let the offshore drilling rig operator suspend interest payments this month as part of an ongoing effort to restructure its $7.3 billion debt, the Oslo-listed company said on Wednesday.Seadrill,…

US Oil Companies Monitor Gulf of Mexico Storm

Jun 02, 2020

U.S. oil companies are monitoring the first tropical storm of the 2020 Atlantic hurricane season to threaten the offshore oil patch in the U.S.-regulated northern Gulf of Mexico.Royal Dutch Shell Plc, BP Plc, Chevron Corp , Exxon Mobil Corp…

Tekmar Boosts U.S. Offshore Wind Presence

May 26, 2020

Tekmar Group, a UK-based offshore services provider, has announced the involvement of its operating companies; Ryder Geotechnical, Agiletek Engineering, Tekmar Energy, and Pipeshield International in the Coastal Virginia Offshore Wind Project (CVOW) on the East Coast of the US…

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…

Watch: Giant Offshore Rig Passing Under Bosphorus Bridges

Apr 16, 2020

Italian oilfield services company Saipem has shared a video of one of its offshore drilling rigs passing the Bosphorus Strait in Turkey, earlier this week.The Scarabeo 9, Saipem's semi-submersible drilling rig, on Monday crossed the Bosporus Strait for the fourth time in its history…

Greater Tortue Ahmeyim Partners Sign LNG Sales Deal with BP

Feb 12, 2020

Kosmos Energy has said that it has, with its partners in the offshore Senegal/Mauritania Greater Tortue Ahmeyim project, signed a deal to sell 2.45 million tonnes per annum of LNG to BP's subsidiary BP Gas Marketing.The sales and purchase agreement is valid for an initial term of up to 20 years…

Estonia Mulls OWF in Gulf of Riga

Jan 01, 2020

The Estonian government's decision to initiate the construction permit procedure for the Gulf of Riga offshore wind farm allows Eesti Energia to continue its research and search for partners for the construction of an offshore wind farm in the Gulf of Riga…

First Subsea Wins Dutch Wind Farm Work

Nov 29, 2019

First Subsea announced it has been selected by Van Oord / Cablel to supply cable protection systems (CPS) for the export cables and cross over protection for TenneT’s Net op zee Hollandse Kust (zuid) offshore wind farm located 20 kilometers off the coast of The Hague in the Netherlands…

Netherlands-Denmark HVDC Test Successful

Nov 04, 2019

Cable supplier Prysmian completes final high-voltage direct current (HVDC) test for 700MW submarine interconnector CobraCable line between Denmark and the Netherlands.The announcement takes place during the COBRAcable link’s official inauguration event…

Bourbon Vessel Taking on Water Near Hurricane Lorenzo

Sep 26, 2019

Bourbon said a mission has been launched to rescue 14 crew from one of its vessels taking on water in heavy seas near a category 4 hurricane in the Atlantic Ocean.The French offshore vessels owner said water is entering the stern of the 49.5-meter tug supply vessel Bourbon Rhode…

Boskalis Wins Woodside Scarborough Contract

Jul 30, 2019

Dutch dredging company Royal Boskalis Westminster N.V. has been awarded the contract for the seabed intervention and shore crossing activities for Woodside’s proposed Scarborough export gas pipeline in northwest Australia.The contract awarded by Woodside Energy Ltd…

Taking Stock of Spares

Jul 12, 2019

In an industry with infrastructure well beyond its design life, stock sharing for replacement parts can help keep equipment running smoothly.Because maintenance is critical for safe and continued operations, asset owners tend to keep plenty of spare parts on hand…

Nexans to Power Vigdis Boosting Station

May 08, 2019

French cable firm Nexans has been picked to supply a power umbilical for Equinor's Vigdis subsea boosting station in the Norwegian North Sea.New all-electric actuated subsea boosting station, the industry's first all-electric boosting station…

Tennet Relocates Submarine Cable from Borssele

Apr 17, 2019

The transmission system operator Tennet has moved the first submarine cable from the Dutch wind farm zone 'Borssele' to the transformer station.'TenneT has laid the first sea cable to connect the Alpha platform to the transformer substation in Borssele…

Østensjø Rederi Sells Edda Fonn

Apr 03, 2019

Norway’s Østensjø Rederi has outfitted the offshore support vessel (OSV) MV Edda Fonn, getting it ready for the delivery to the Royal New Zealand Navy (RNZN).The converted diving and hydrographic support vessel has started her journey from Norway to Auckland…

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