Offshore Activity - page 10

 

2021: The Year The Offshore Rig Market Turned The Corner?

Jan 06, 2022

The 2020 offshore drilling rig market wasn't exactly a hard act to follow, but 2021 proved to be a pivotal turning point for the industry despite ongoing challenges with the Coronavirus pandemic and the intensifying energy transition. Presented with no further comment…

Magseis Fairfield in Conditional OBN Survey Award

Jan 06, 2022

Norwegian ocean bottom node survey specialist Magseis Fairfield on Thursday announced a conditional award of an Ocean Bottom Node (OBN) survey contract from an undisclosed repeat client.The company said the start-up was expected in Q3 2022, with the project expected to run for about two months…

James Fisher Bags Long-Term O&M Contract in UK Offshore Wind Space

Jan 05, 2022

James Fisher Renewables has said it has won three multi-million pound 13-15-year contracts from Balfour Beatty Equitix Consortium (BBEC) for specialist operations and maintenance (O&M) services for a further three offshore transmission infrastructure sites owned by BBEC…

Rex's Lime Farms Into Norwegian Offshore Blocks Run by Aker BP, Wintershall

Jan 05, 2022

Rex International's subsidiary Lime Petroleum has completed its 20 percent farm-in to each of the respective licenses PL867 and PL867B Gjegnalunden in the Norwegian part of the North Sea from operator Aker BP.Lime now holds a 20 percent stake in each of the two licences…

ExxonMobil Makes Two Oil Discoveries Offshore Guyana. Liza Unity FPSO on Track for First Oil in 1Q

Jan 05, 2022

Oil and gas major ExxonMobil on Wednesday announced two new oil discoveries offshore Guyana, at Fangtooth and Lau Lau wells, adding to previous recoverable resource estimate of 10 billion oil-equivalent barrels.The Fangtooth-1 well, drilled with the Stena DrillMAX drillship…

Eco Wave Power: First Floaters Arrive in Jaffa Port

Jan 05, 2022

The first set of floaters and supporting structures for Eco Wave Power’s grid-connected EWP-EDF One project have been delivered to the Jaffa Port project site in Israel, marking what EWP said was a key milestone in the development of the wave energy array…

Fred. Olsen Windcarrier Reels In $90,5M in New Contracts

Jan 05, 2022

Offshore wind installation firm Fred. Olsen Windcarrier (FOWIC) said Tuesday it had recently executed three new contracts and reservation agreements with combined revenue of up to 80 million euros (~$90,5 million).The contracts, with undisclosed clients…

IOG Spuds First Southwark Well

Jan 05, 2022

UK-based oil and gas company IOG has started drilling the first development well at the Southwark gas field in the UK North Sea.The Noble Hans Deul jack-up rig had mobilized from repairs in Dundee on December 3, 2021, and initially jacked up at the Southwark Platform on December 9…

AET Takes Delivery of New Shuttle Tanker for Shell Charter in Brazil

Jan 05, 2022

Tanker operator AET has taken delivery of Eagle Campos, the first of another three Suezmax Dynamic Positioning (DP2) Shuttle Tankers purpose built for long-term charter to Brazil Shipping I Limited, a subsidiary of Shell.Shuttle tankers are…

Subsea Expo Awards Finalists Revealed

Jan 05, 2022

The finalists for the 2022 Subsea Expo awards, a UK-based subsea-focused exhibition and conference, have been announced.The awards ceremony, organized by the Global Underwater Hub,  will take place on February 23, 2022, at P&J Live in Aberdeen…

McDermott to Deliver Platform Topsides for Mega Project Offshore Qatar

Jan 05, 2022

Qatari national oil and gas company QatarEnergy has said it has awarded a major engineering, procurement, construction, and installation (EPCI) contract for the offshore scope of its North Field Expansion Project to McDermott.The expansion project…

Enauta Keeps Manati Offshore Gas Field Stake after Deadline Lapses

Jan 05, 2022

Brazilian oil company Enauta has decided not to sell its stake in the Manati offshore oil field in Brazil to Gas Bridge after the conditions required for the completion of the sale were not fulfilled.Enauta had in August 2020 entered into an agreement with Gas Bridge S…

ADNOC Offshore Taps NPCC for Umm Shaif Field Work Worth $946M

Jan 05, 2022

Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of a $946 million Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif offshore field. The contract. dubbed…

Valaris Announces More Drilling Contracts

Jan 04, 2022

Offshore drilling contractor Valaris on Tuesday announced a new group of contracts for its rigs to be utilized in the U.S. Gulf of Mexico, U.K. North Sea and off the coast of Australia.Valaris said it secured a one-well contract with Kosmos Energy in the U…

Yinson Gets Charter Extension for FPSO in Vietnam

Jan 04, 2022

Malaysian FPSO supplier Yinson announced on Monday it secured a six-month extension for the bareboat charter contract for the FPSO PTSC Lam SonThe 243 meters long Lam Son FPSO, able to produce 15,000-20,000 barrels of oil per day (bopd), with a storage capacity of up to 650…

Current News

Eco Wave Power to Ring Nasdaq Bell

Eco Wave Power to Ring Nasdaq Bell

TenneT CEO Says Bringing in Private Investors Not Ruled Out

TenneT CEO Says Bringing in Private Investors Not Ruled Out

UK: ABP Gets Marine License for Lowestoft Eastern Energy Facility for Offshore Wind Support

UK: ABP Gets Marine License for Lowestoft Eastern Energy Facility for Offshore Wind Support

Kremlin: Idle Nord Stream 2 Pipeline Bad for Consumers, Economy

Kremlin: Idle Nord Stream 2 Pipeline Bad for Consumers, Economy

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