Offshore Activity - page 152

 

Barryroe Offshore Energy Faces Uncertain Future as Working Capital Dwindles

Jun 08, 2023

Barryroe Offshore Energy, an oil and gas company focused on developing the Barryroe offshore oil and gas field in Ireland, dubbed one of Europe's largest undeveloped offshore oil fields, might not be there to see the field brought online.The company…

Ørsted, Vestas Team Up to Deploy Low-Carbon Steel Towers and Recycled Blades for Offshore Wind Projects

Jun 08, 2023

Denmark-based offshore wind farm developer Ørsted and its compatriot wind turbine maker Vestas on Wednesday announced a commercial sustainability partnership, whereby Ørsted will procure low-carbon steel wind turbine towers and blades made from…

Vår Energi, Halliburton in Drilling Services Partnership

Jun 08, 2023

Norwegian offshore oil and gas producer Vår Energi said Friday it had entered a long-term strategic partnership with the U.S. oilfield services company Halliburton for drilling services to improve drilling and well performance and enhance value creation…

Malaysia's Sapura Energy Lands $303 Million in Contracts for Offshore Projects

Jun 08, 2023

Malaysia's Sapura Energy said Thursday it had, between December 2022 and May 2023, secured ten contracts worth around 1.4 billion Malaysian ringgit (currently around $303 million) across the Asia Pacific and Atlantic regions.The contracts were secured across its Engineering and Construction (E&C)…

Kremlin Blames 'Anglo-Saxons' After Report U.S. Knew of Ukrainian Nord Stream Attack Plan

Jun 08, 2023

The Kremlin, commenting on a report that the United States had known last year of a Ukrainian plan to attack the Nord Stream natural gas pipelines, said on Thursday it had already raised the possible involvement of 'Anglo-Saxons.' Unexplained…

Kazakhstan's Oilfields, Disputes, and Settlements

Jun 08, 2023

Kazakhstan's Energy Minister Almasadam Satkaliyev said on Tuesday that the central Asian country is pressing ahead with $16.5 billion in claims against international oil companies over disputed project costs.The new claims are the latest in…

Orsted Expects to Make FID on Hornsea 3 Offshore Wind Project in UK This Year

Jun 08, 2023

Danish renewable energy company Orsted said on Thursday it expects to take a final investment decision (FID) on its planned Hornsea 3 offshore wind project in Britain this year. Orsted warned in early March that the 2.8 gigawatt (GW) project…

Alvheim FPSO Celebrates 15 Years of Oil and Gas Production as Tyrving Tie-in Gets Green Light

Jun 08, 2023

The Norwegian Minister of Petroleum and Energy, Terje Aasland, on Thursday granted approval for the development of Aker BP's Tyrving offshore discovery, which will be a tie-in to Alvheim FPSO.Aker BP as the operator, and its license partners…

'Industry-First' for Odfjell Technology in Blowout Preventer Cleaning

Jun 08, 2023

Offshore drilling, well, and engineering services provider Odfjell Technology said Wednesday it had achieved 'an industry-first' for cleaning blowout preventers (BOPs), reaching a 50% time reduction during a trial.Over a test period of six months…

TGS, SLB in U.S. Gulf of Mexico OBN Survey

Jun 08, 2023

Norway-based seismic data firm TGS in a strategic collaboration with oilfield services firm SLB on Thursday announced the start of the Engagement 4 Ocean Bottom Node (OBN) multi-client acquisition in the U.S. Gulf of Mexico.According to TGS…

Champagne Smashes as Grampian Tyne SOV is Named for Dogger Bank Wind Farm

Jun 08, 2023

UK-based offshore vessel owner North Star this week held a naming ceremony for the Grampian Tyne service operation vessel (SOV) which will be deployed at work at the Dogger Bank offshore wind farm in the UK.The vessel was named at a ceremony…

ADNOC L&S to Build $975M Artificial Island for Lower Zakum Offshore Field

Jun 08, 2023

ADNOC Offshore has awarded ADNOC Logistics and Services a $975-million contract to build an artificial island for an offshore oil field project in Abu Dhabi.According to ADNOC L&S, at least 75% of the total contract value for dredging, land…

Orsted to Invest $68B in Renewable Energy by 2030

Jun 08, 2023

Renewable energy group Orsted will invest 475 billion Danish crowns ($68.3 billion) by 2030 to achieve its goal of 50 gigawatts (GW) of installed power capacity at the end of the decade, it said late on Wednesday. The Danish company said the…

Ulstein to Design Two More Offshore Wind Vessels for Acta Marine

Jun 07, 2023

Ulstein Design & Solutions has signed a contract with Turkey's Tersan Shipyard for two methanol-fuelled ULSTEIN SX216 Construction Service Operating Vessel (CSOV) designs. The vessels will be constructed for the Dutch company Acta Marine and…

Thousands of Jobs for Norway: Aker BP's Offshore Development Plans Approved by Norwegian Parliament

Jun 07, 2023

Following news on Tuesday that the Norwegian parliament had approved some of Aker BP's offshore oil and gas development project in Norway, the confirmation came Wednesday from Aker BP itself.'Today, the Storting has approved Aker BP’s plans…

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