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Court Reviewing Bourbon Takeover Bids

Nov 22, 2019

Takeover offers for the assets and activities of French offshore services company Bourbon will be reviewed by the Marseilles Commercial Court next month, Bourbon said in a a company update.Four candidates have submitted an offer concerning assets…

Ofgem Rejects 600MW Shetland Cable Gig

Oct 24, 2019

Energy regulator Office of Gas and Electricity Markets (Ofgem) has been 'unable to approve' plans for two huge subsea cables to take energy from the Scottish islands to the mainland.The transmission links from Shetland and the Western Isles…

PGS Releases 3D GeoStreamer Survey Data

Oct 21, 2019

Norwegian seismic services provider Petroleum Geo-Services (PGS) said that beam migrated data is now available for viewing on its latest 3D GeoStreamer seismic survey over Angola blocks for the 2021 bid round.Modern imaging will unlock links between onshore and offshore presalt and postsalt plays…

Jadestone Submits FDP for Vietnam Gas Fields

Oct 21, 2019

Independent oil and gas company Jadestone Energy said it has formally submitted the field development plan (FDP) for its Nam Du and U Minh gas fields, offshore southwestern Vietnam, to Vietnam Oil and Gas Group (Petrovietnam), targeting first production in late 2021…

Crown Estate Opens Offshore Wind Round 4

Oct 14, 2019

The Crown Estate has officially opened the Offshore Wind Leasing Round 4, which will offer seabed rights for at least 7GW of new projects in the waters around England and Wales.'The Pre-Qualification Questionnaire (PQQ) for Offshore Wind Leasing…

Japan, Scotland Invest in Subsea Technology

Oct 11, 2019

Scottish and Japanese companies will receive £9 million from a joint fund to work together on innovative subsea technology.Combined with investment made by the companies themselves, a total of £20.9 million of industrial research and development will go ahead…

It’s Only Just the Start for Subsea Drones

Oct 03, 2019

The starting gun on a subsea space race has now officially been fired with the first ever award of a contract that includes services from a subsea resident drone.But, what is less known is that the award, made by Equinor to Saipem for operations on the Njord field…

NPCC, Petrofac JV Bag Al Yasat Offshore Gig

Jul 29, 2019

National Petroleum Construction Company (NPCC) and Petrofac, in a joint venture with CNPC, have won a front-end engineering design (Feed) contract from Adnoc Group company Al Yasat Petroleum for the Belbazem Block Development project located offshore in Abu Dhabi…

Scottish Offshore Wind Supply Chain Readies

Jul 12, 2019

International energy consultancy Xodus Group is working with Scottish Enterprise and Scottish Development International (SDI) to showcase the expertise of Scottish supply chain companies in the global offshore wind sector.The aim of the collaboration…

McDermott Wins FEED Work from Qatar Petroleum

Jul 11, 2019

McDermott International said it has been awarded a contract by Qatar Petroleum to carry out front-end engineering and design (FEED) work for offshore wellhead platforms, pipelines and cables associated with the North Field Expansion project…

UK Launches 32nd Offshore Licensing Round

Jul 11, 2019

The UK's Oil and Gas Authority (OGA) is offering 768 blocks or part-blocks across the main producing areas of the UK Continental Shelf (UKCS), including acreage in the central, northern and southern North Sea as well as West of Shetlands, as…

Inpex Submits Revised Indonesian LNG Plan

Jun 21, 2019

Japan's largest oil and gas exploration and production company Inpex Corporation has submitted a revised plan of development (POD) for the Abadi  LNG Project, a gas field on the remote Masela Block in the Arafura Sea off Indonesia.  The revised…

Bourbon BoD to Analyze Restructuring Proposals

Jun 19, 2019

Following the submission of financial restructuring proposals subject to conditions precedent, the Board of Directors of BOURBON Corporation reviewed today the two proposals which are considered relevant to the interests of the group, its employees…

Decom Awards Finalists Revealed

May 14, 2019

Decom North Sea has released its agenda, while announcing award finalists ahead of this year’s Decom Offshore conference/exhibition and Decom Awards.The one-day conference, entitled “Activating the Supply Chain”, will take place in Aberdeen…

ADNOC Taps McDermott for Umm Shaif

May 09, 2019

McDermott International has been awarded a contract by ADNOC to provide front end engineering design (FEED) services on a design-competition basis for phase one of the Umm Shaif Gas Cap Condensate Development Project. The work scope also includes the preparation and submission of an engineering…

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