Offshore Activity - page 12


BP, Trinidad's NGC Receive US License for Gas Development with Venezuela

May 29, 2024

British oil major BP and Trinidad and Tobago's state energy firm NGC have received a two-year license from the U.S. Treasury Department to negotiate and develop the Cocuina-Manakin gas fields with Venezuela, Trinidad's energy minister said on Wednesday…

BW Energy Appoints New CFO

May 29, 2024

Oil and gas company BW Energy has appointed Brice Morlot as Chief Financial Officer (CFO).Effective June 30, 2024, Morlot will succeed Knut R. Sæthre, who has been the CFO of BW Energy since 2019.Morlot brings extensive experience to the company…

Norway to Protect Nordland 6 Area from Drilling

May 29, 2024

Norway's centre-left government will not open the Arctic Nordland 6 waters for oil and gas exploration, the energy minister told parliament on Wednesday, maintaining a long-held policy of protecting the ecologically vulnerable area.The opposition…

Vestas Creates Wind Tech, Manufacturing and Supply Chain Role

May 29, 2024

Danish wind turbine maker Vestas has united its Technology organization (CTO) and Manufacturing and Global Procurement organization (COO) into one Technology and Operations Organization (CTOO) to strengthen its approach within delivery of wind energy solutions…

Yinson Production Refinances FPSO Anna Nery Through $1B Bond Placement

May 29, 2024

Yinson Production has placed $1.035 billion senior secured notes to refinance the floating, production, storage and offloading (FPSO) vessel Anna Nery, working for Petrobras in the Marlim field, offshore Brazil.The successful pricing of $1.035 billion 144A/Reg S non-recourse…

Salunda to Install Crew Hawk Monitoring Solution on Jack-Up in Middle East

May 29, 2024

Salunda, a provider of digitised solutions for safety critical industries, has secured a multi-year contract to install its ‘Crew Hawk’ Red Zone monitoring solution on a jack-up rig in the Middle East.The award marks the company’s first installation…

Huisman Inks Deepwater Crane Supply Deal with Malaysia’s Oilfield Services Firm

May 29, 2024

Dutch company Huisman has secured its first contract from Coastal International Marine, part of Malaysia-based oil and gas services company Coastal Contracts, for the supply of deepwater Knuckle Boom Crane.The Knuckle Boom Crane has a lifting…

Amos Global Awaits US License to Expand in Venezuela's Shallow Waters

May 29, 2024

Houston-based investment fund Amos Global Energy is waiting for a license from the U.S. Treasury Department to complete the purchase of Chinese Sinopec's stake in a shallow-water oil and gas project in Venezuela, the company said on Tuesday…

ABL Helps Shelter 45 ONGC Rigs Ahead of Storm

May 29, 2024

India’s Oil and Natural Gas Corporation Limited (ONGC), supported by ABL as tow master and marine warranty provider, has moved a record high 45 drilling rigs to new locations ahead of the Indian monsoon season.The 45 rig moves of jack-up rigs…

ConocoPhillips in Advanced Talks to Buy Marathon Oil

May 29, 2024

ConocoPhillips is in advanced talks to buy Marathon Oil in an all-stock deal that could value the Houston-based company at a little over its $15 billion market value, the Financial Times reported on Wednesday citing people briefed on the matter…

Noble and Harbour Energy Sign Jack-Up Rig Contract

May 29, 2024

Offshore drilling contractor Noble Corporation has secured a contract with oil and gas company Harbour Energy for its Noble Resilient jack-up rig.The rig has been hired for well intervention offshore U.K., spanning 30-70 days.It is estimated to begin in July 2024…

Orsted, New Jersey Reach Settlement Over Canceled Offshore Wind Farms

May 28, 2024

New Jersey officials said the state will receive $125 million from a legal settlement with Denmark's Orsted ORSTED.CO over the company's cancellation last year of two offshore wind farm projects.The New Jersey Board of Public Utilities said…

Iberdrola Commissions 496 MW Saint-Brieuc Offshore Wind Farm in France

May 28, 2024

Iberdrola, through its subsidiary Ailes Marines, has fully commissioned the Saint-Brieuc offshore wind farm, which is the second offshore wind farm in France and the first in Brittany.All wind turbines are operational in the 496 MW project as of May 28…

Van Oord’s Boreas Set for First Job at German Offshore Wind Project

May 28, 2024

Dutch offshore installation firm Van Oord has secured a contract from RWE for the transport and installation of monopile foundations for the Nordseecluster offshore wind project in Germany.This project will be the first project for the Van Oord’s brand-new offshore installation vessel Boreas…

Rentel Offshore Wind Farm Cable Goes Back Online

May 28, 2024

The repair work on the cable which connects the 309 MW Rentel offshore wind farm to the Belgium’s mainland has been completed approximately four months after the failure.The fault was located just below the Rentel transformer platform. A new section of cable…

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