Offshore Activity - page 745

 

Gazprom Vessel Sets Sail for Nord Stream 2 Base in Germany

Sep 17, 2020

A vessel of Russian gas giant Gazprom has departed for the Nord Stream 2 gas pipeline's supply base in Germany, data showed on Wednesday, in a sign that Moscow is still determined to push on with the politically-charged project.Nord Stream 2…

Oil Prices Fall on Demand Worries, Expected Restart of U.S. Gulf Platforms after Hurricane

Sep 17, 2020

Oil prices fell on Thursday, after rising steeply in the two previous sessions, as concerns about weak fuel demand re-emerged and producers in the Gulf of Mexico prepared to resume output following Hurricane Sally.Brent crude futures fell 67 cents…

Wood to Upgrade Norway's Kollsnes Gas Plant

Sep 17, 2020

Engineering and construction company Wood has won a $42 million contract in Norway to upgrade the gas processing plant that handles gas from the Troll, Kvitebjørn, Visund, and Fram fields located in the Norwegian sector of the North Sea.The contract was awarded to Wood by Equinor…

Dyna-Mac, Keppel Shipyard Enter MoU

Sep 17, 2020

Singapore-based oil and gas module builder Dyna-Mac has entered into a memorandum of understanding with Keppel Shipyard, a subsidiary of rig builder Keppel Offshore & Marine.Under the agreement, the two companies will explore potential business…

Oil Majors' Renewable Push Drives Up Asset Prices - SSE CEO

Sep 17, 2020

Plans by European oil companies to increase their renewable power capacity are driving up the price tags on renewable businesses and projects, the CEO of British renewables and network company SSE, told Reuters.BP, Shell, and Total have all…

DOF Subsea Nets Angola FSV Work

Sep 17, 2020

Oslo-listed offshore vessel and services company DOF Subsea has won an integrated Field Support Vessel (FSV) contract with an international oil company in Angola. DOF Subsea will deploy its Skandi Seven vessel for a minimum of 303 firm vessel days plus 365 days of options…

Iberdrola, Macquarie Enter Offshore Wind JV in Japan

Sep 17, 2020

Iberdrola has bought Japan-based renewables developer Acacia and signed a joint venture deal with Macquarie's Green Investment Group to develop an offshore wind farm portfolio, the Spanish energy company said on Thursday.Iberdrola and its new…

Offshore Helicopter Firm Bristow Names CFO

Sep 17, 2020

Offshore helicopter operator Bristow has appointed Jennifer Whalen as Senior Vice President and Chief Financial Officer.Whalen will be responsible for accounting, financial reporting, investor relations, M&A, tax, and other financial aspects of the company…

COLUMN - Crude Oil Industry is Starting to Hear Echoes of Coal's Demise

Sep 17, 2020

If 2020 had been anything close to a normal year, the oil and gas industry would have just wrapped up its annual gathering in Singapore, most likely reassured of its ongoing essential role in humanity's future.But this is far from a normal year…

East Mediterranean Dispute: Cyprus Willing to Talk with Turkey 'Without Threats'

Sep 16, 2020

Cyprus is ready to engage in talks with Turkey to resolve differences but only 'without blackmail and threats', President Nicos Anastasiades said on Wednesday.The two countries are locked in a dispute over drilling rights in the Mediterranean…

Next-Gen Vessels, Cranes for Offshore Wind Turbine Installation Firm SBO

Sep 16, 2020

Danish offshore wind installation company Swire Blue Ocean (SBO) is set to expand its fleet and upgrade the existing wind farm installation vessels with new cranes, to future proof its business given that the offshore wind turbines keep getting bigger…

UK North Sea Road to Net-Zero: £430B Investment Required

Sep 16, 2020

'Reimagining the North Sea as an integrated energy system is essential for the UK and Scotland to achieve their net-zero ambitions. But we need to invest now to close the gap on the key technologies needed to make this ambition a reality,' Colette Cohen OBE…

Eni Finds More Gas Offshore Egypt

Sep 16, 2020

Italian oil and gas company Eni, together with partner BP, has made a gas discovery in the Great Nooros Area offshore Egypt.Eni, a company which a few years back struck Egypt's largest gas find at the Zohr well in the Mediterranean Sea, on Wednesday…

GC Rieber Shipping's Vessel Wins Offshore Wind Gig

Sep 16, 2020

Norway-based offshore vessel owner GC Rieber Shipping said Wednesday  it had won a contract in the offshore wind sector for its 2011-built Polar Queen multi-purpose vessel.The contract is a short one, for three weeks, with further options to extend…

Energean Sells More Karish Gas

Sep 16, 2020

Mediterranean-focused oil and gas company Energean has signed agreements to sell more gas from its Karish gas development off Israel.Energean said Wednesday it had signed two gas sales deals which, combined, represent quantities of gas of up to 1…

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