Offshore Activity - page 2

 

Masirah Oil: Yumna Field Output in March at 12,672 bpd

Apr 20, 2021

Masirah Oil Limited said Tuesday that gross oil production in March 2021 from its Yumna Field in offshore Block 50 Oman, amounted to 12,672 stock tank barrels per day (stb/d).On March 17, 2021, Masirah Oil Limited announced the completion of the upgrade to the Yumna Field process facilities…

TAQA Hires Solstad Offshore's PSV for North Sea Support

Apr 20, 2021

Norway's Solstad Offshore has signed a contract with TAQA Bratani Limited for the platform supply vessel Sea Flyer.The vessel will be used to support TAQA’s UK North Sea assets for a firm period of two years. The contract is expected to begin in July 2021…

UK: Time Factor as Offshore Wind Worker Concession Deadline Looms

Apr 20, 2021

As it continues to grow its track record of contributions to Scotland’s renewables mission, the offshore wind sector is currently making all the right headlines.Amid the positive news, however, anyone with knowledge of sustainable business success…

Equinor Sees Drop in Serious Incidents and Personal Injuries in Q1, but Says The Number Still 'Too High'

Apr 20, 2021

Norwegian oil company Equinor said Monday that its safety statistics for the first quarter of 2021 indicated fewer serious incidents and personal injuries in Equinor compared to the same period last year, but said the number of incidents was still 'too high…

Karoon Charters Maersk Drilling's Offshore Rig for Well Intervention in Brazil

Apr 20, 2021

Danish offshore drilling contractor Maersk Drilling has won a contract with Karoon Energy Ltd for the semi-submersible rig Maersk Developer to perform well intervention on four wells at the Baúna field offshore Brazil.Karoon took over Bauna from Petrobras in November 2020…

Magseis Fairfield Joins as Partner in Norway's Centre for Geophysical Forecasting

Apr 20, 2021

Ocean bottom node seismic data acquisition specialist Magseis Fairfield has applied and been approved as a partner in the Centre for Geophysical Forecasting (CGF).The CGF is one of The Research Council of Norway’s funded centers that is hosted…

South Africa: Azinam, Panoro Enter Africa Energy's Offshore Block 2B

Apr 20, 2021

Oil companies Azinam and Panoro Energy have completed their previously announced acquisitions of stakes in Block 2B offshore South Africa, e containing the A-J1 oil discovery from 1988,  from Africa Energy Corp.Azinam has taken 50 percent and will become the operator…

Maersk Decom Launches Free Offshore Decommissioning Cost Calculator

Apr 20, 2021

Denmark-based Maersk Decom said Tuesday it has designed a free cost calculating tool for benchmarking decommissioning projects in the North Sea.'Maersk Decom’s cost calculator is the first free tool in the industry, enabling stakeholders to…

Carnarvon Wraps Buffalo Farm-Out. Drilling to Start in Late 2021

Apr 20, 2021

Australian oil and gas companies Carnarvon Petroleum and Advance Energy have completed the Buffalo oil field farm-out agreement as all the necessary conditions have been met.Carnarvon in December 2020 announced that Advance Energy would acquire 50% of the Buffalo project in the Timor Sea…

Norway's March Oil and Gas Output Slightly Below Expectation

Apr 20, 2021

Norway's oil and gas production slightly lagged official expectations in March, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday.Crude oil output fell 1.1% from February to 1.773 million barrels per day (bpd) in March…

DEME, JDR to Deliver Export Cable for French Floating Wind Farm

Apr 20, 2021

Belgian offshore installation firm DEME has, via its French branch SDI, secured an engineering, procurement, construction, and installation contract for an export cable that will connect the Leucate Floating offshore wind farm to the power grid…

VIDEO: After Modest 2020, the Years 2021 and 2022 Could Be 'Pretty Good' for FPS Orders

Apr 19, 2021

There's one thing that's certain about the price of oil, it goes up and it goes down, but nobody knows when that will happen, Jim McCaul, an expert in the offshore floating production sector for 30 years, recently said in an interview for Offshore Engineer TV…

Amazon's Latest Renewables Push Includes 350MW Offshore Wind Farm in Scotland

Apr 19, 2021

Amazon on Monday announced nine new utility-scale wind and solar energy projects in the U.S., Canada, Spain, Sweden, and the UK, including an investment in a 350 MW offshore wind farm in Scotland.'The company now has 206 renewable energy projects globally…

Nigeria Sweetens Energy Reform Bill to Attract more Big Oil Cash

Apr 19, 2021

Nigeria has sweetened the terms of a sweeping oil reform bill in a bid to attract much-needed investment to its oil industry, four people closely involved with the legislation said and a letter from oil companies, seen by Reuters, showed.The…

Equinor Urges Shareholders to Reject Activist's Emissions Targets Proposal

Apr 19, 2021

Equinor urged its shareholders on Monday to reject a proposal by an activist group to set intermediate targets for reducing emissions from the use of its energy products.The majority state-owned company has pledged to boost investment in renewables…

Current News

Kishorn Port Eyes Offshore Wind Opportunities as Expansion Plans Approved

Kishorn Port Eyes Offshore Wind Opportunities as Expansion Plans Approved

OES to Provide Drilling Rig for ADM's Barracuda Field in Nigeria

OES to Provide Drilling Rig for ADM's Barracuda Field in Nigeria

Baker Hughes CEO 'Cautiously Optimistic' About Oil Demand Recovery

Baker Hughes CEO 'Cautiously Optimistic' About Oil Demand Recovery

Halliburton Expects International Activity Growth to Accelerate

Halliburton Expects International Activity Growth to Accelerate

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