Offshore Activity - page 3

 

Black & Veatch Helping Orbital Reduce Floating Tidal Turbine Costs

Jul 07, 2020

Floating tidal stream turbine developer Orbital Marine Power has appointed Black & Veatch as Lead Engineering Partner to support technology optimization and cost reduction engineering under the company’s €5m R&D program.Supported by the INTERREG France (Channel) England TIGER project…

Seacor Marine Completes Seacosco Acquisition

Jul 07, 2020

The U.S.-based offshore support vessel company Seacor Marine has completed the acquisition of the remaining 50 percent stake in Seacosco from affiliates of China's Cosco Shipping Group.Seacor Marine will consolidate the operating results of…

Eni to Book $4B Asset Writedown after Cutting Oil Price Outlook

Jul 07, 2020

Italian energy group Eni said it would write off around 3.5 billion euros ($4 billion) from the value of its assets after revising down its long-term outlook for oil and gas prices due to economic fallout from the COVID-19 crisis.In a statement on Monday…

TSG Marine Bringing Rapid Sanitization System Offshore

Jul 07, 2020

UK-based offshore engineering company TSG Marine is working to bring Zoono, a revolutionary molecular layer that kills microbes for up to 30 days on sprayed surfaces, to offshore oil and gas platforms, in an effort to reduce COVID-19 infection risk…

First Jacket Installed at Moray East Offshore Wind Farm

Jul 07, 2020

Belgian offshore contractor DEME Offshore has installed the first jacket at the 950 MW Moray East offshore wind farm, offshore Scotland, the UK. In total, 100 wind turbine jackets and 3 offshore substation jackets will be installed at the project…

Thailand's Gulf Energy Buys 50% Stake in German Offshore Wind Farm for $631M

Jul 07, 2020

Gulf Energy Development Pcl said on Tuesday it acquired a 50% stake in a German offshore wind farm for about 558 million euros ($631.10 million) in the latest overseas investment by Thailand's second-largest power producer.Gulf Energy said acquiring…

CHC Helicopters for Ørsted's Hornsea Two Offshore Wind Farm

Jul 06, 2020

Denmark-based offshore wind developer Ørsted has awarded CHC Helicopter the contract for aerial transportation during the construction and operations phases of its Hornsea Two offshore wind farm off the UK.CHC will continue to work with UniFly to deliver flight operations for Hornsea One…

Court OKs Extradition of Ex-Pemex CEO from Spain to Mexico

Jul 06, 2020

Spain's National Administrative Tribunal agreed on Monday to extradite Emilio Lozoya, former chief executive of oil company Petroleos Mexicanos, to Mexico, the court said in a statement.Lozoya, 45, is wanted in Mexico on charges including bribery…

On this Day in 1988: Offshore Industry's Deadliest Disaster

Jul 06, 2020

Thirty-two years ago, on July 6, 1988, one of the offshore oil and gas industry's worst-ever disasters struck  - the explosion of the Piper Alpha platform in the UK North Sea. To this day, the disaster is the worst ever in the industry by the numbers of lives-lost…

Total Wins Woodmac's 'Most Admired Explorer' Award

Jul 06, 2020

French major Total has been named the upstream industry’s most-admired explorer, an accolade awarded in conjunction with Wood Mackenzie’s annual Exploration Survey.  Dr. Andrew Latham, Vice President, Global Exploration Research, at Wood Mackenzie…

Saipem to Install Subsea Equipment at Petrobras' Buzios Field

Jul 06, 2020

Italian oilfield services company Saipem has been awarded a $325 million contract by Petrobras for the installation of a rigid riser-based subsea system to serve the Búzios pre-salt project.The Búzios-5 overall production system foresees the interconnection of 15 wells to the FPSO in two phases…

Byron Installs Gulf of Mexico Platform

Jul 06, 2020

Byron Energy has completed the installation of the SM71 G platform in the Gulf of Mexico.The company said Monday that the installation of jacket and decks comprising the platform had been completed. 'The Triton Hedron derrick barge has de-mobilized…

Nord Stream 2 Allowed to Use Anchored Pipelayers in Denmark

Jul 06, 2020

Nord Stream 2 AG, Russia's Gazprom-led company building the Nord Stream 2 gas pipeline in the Baltic Sea, has been granted permission from the Danish authorities to use pipelaying vessels with anchors instead of the dynamic-positioning ones…

Apply to Overhaul Equinor's Statfjord Platforms

Jul 06, 2020

Norwegian engineering company Apply has been hired by offshore energy giant Equinor for engineering and installation services on the North Sea Statfjord field, offshore Norway.The agreement covers overhaul, replacement, and modification deliveries on the three Statfjord platforms…

Viaro Launches Takeover Bid for North Sea Player RockRose

Jul 06, 2020

Viaro Energy, a subsidiary of the commodities trading firm Viaro, has launched a takeover bid for the North Sea-focused oil and gas company RockRose Energy.Viaro is offering 1,850 pence in cash for each RockRose share, which is a premium of…

Current News

Offshore Industry Welcomes UK Gov't Job Retention Bonus. Calls for Long-Term Support

Offshore Industry Welcomes UK Gov't Job Retention Bonus. Calls for Long-Term Support

Northern Offshore Services Adds Two More Vessels to Its Fleet

Northern Offshore Services Adds Two More Vessels to Its Fleet

Halliburton, TechnipFMC Launch Acoustic Sensing Solution for Subsea Wells

Halliburton, TechnipFMC Launch Acoustic Sensing Solution for Subsea Wells

Oil Industry Veterans to Launch Hydrogen Investment Fund

Oil Industry Veterans to Launch Hydrogen Investment Fund

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