Offshore Activity - page 3

 

Scottish DeepWind, German WAB in Offshore Wind, Green Hydrogen Collab

Sep 23, 2020

DeepWind, a Scottish offshore wind supply chain cluster has signed a collaboration agreement with its German counterpart WAB, to promote offshore wind and green hydrogen generation.The north of Scotland’s offshore wind cluster organization,…

KrisEnergy Gets Kepinvest Support to Bring Cambodia Offshore Oil Project Online

Sep 23, 2020

Southeast Asia-focused oil company KrisEnergy has reached a loan deal with Kepinvest Singapore, that should help the company bring online its Apsara offshore project in Cambodia's Block A on time, and remove the risk of losing the license.Namely…

Petrofac Buys Freefall Lifeboat to Meet Training Demand

Sep 23, 2020

Energy services provider Petrofac has acquired its second freefall lifeboat, citing increased demand for its marine training courses.The company said it has invested £200,000 in the new model, designed and manufactured by Dutch company Verhoef…

Shell, Microsoft in Alliance to Cut Carbon Emissions

Sep 23, 2020

Oil and gas giant Shell, which has been increasingly getting involved in renewables, has said it has partnered up with tech giant Microsoft 'to support progress towards a world with net-zero emissions.'As part of the strategic agreement signed between the two companies…

PGS Completes Newfoundland and Labrador Offshore Seismic Surveys

Sep 23, 2020

Norwegian seismic surveyor PGS has completed the acquisition of three new 3D seismic surveys offshore Newfoundland and Labrador, Canada.The company Wednesday that the initial first fast-track results would be delivered in Q4 2020, with final…

World's Top Ship Insurers Won't Cover Ships Linked to Nord Stream 2 Pipeline

Sep 23, 2020

The world's largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions.Associations belonging to the International Group of P&I Clubs…

Van Oord Deploys Giant Trencher to Bury Offshore Wind Cables in North Sea

Sep 23, 2020

Dutch offshore installation contractor Van Oord has deployed a large remotely operated trencher called Deep Dig-It off the Dutch coast to bury offshore wind farm cables 5,5 meters deep into the seabed.The trencher has been deployed as part of…

"Key Milestone": Subsea Construction Works Start at Neptune's Seagull Field

Sep 23, 2020

Oil and gas company Neptune Energy has informed that subsea construction works have kicked off that will eventually see its Seagull offshore field tied back to BP's ETAP platform in the UK North Sea.Seagull is a high pressure, high temperature…

Oil Major Chevron Tells Employees to Delete WeChat from Phones

Sep 23, 2020

U.S. oil giant Chevron Corp has asked employees globally to delete Tencent Holdings Ltd's WeChat from their work phones, following the Trump administration's executive order to ban the social media app, Bloomberg News reported https://bloom…

Report: Siemens' Energy Spin-off Value Seen as Above $20B

Sep 23, 2020

Siemens expects Siemens Energy to reach a market value of significantly more than 17 billion euros ($19.98 billion) when it floats on the Frankfurt stock exchange next week, a source close to the company said.The consensus forecasts for the value of the business…

U.S. BOEM, BSEE Looking at Ways to Boost Gulf of Mexico Oil and Gas Output

Sep 23, 2020

The U.S. government agencies responsible for offshore oil and gas regulations are looking at ways to update policies to promote the growth of oil and gas production in the Gulf of Mexico.Specifically, the Bureau of Ocean Energy Management (BOEM)…

Aker BP Contemplating US Dollar Loan

Sep 23, 2020

Norwegian independent oil firm Aker BP will hold meetings with fixed-income investors to prepare the ground for a possible U.S. dollar-denominated loan, the company said on Tuesday.The potential issue of investment-grade senior unsecured notes will be subject to market conditions…

Borr Drilling to Postpone Debt Payment, Plans Stock Issue to Weather Downturn

Sep 23, 2020

Oil rig operator Borr Drilling Ltd has agreed with lenders to postpone the deadline for repayment of some of its debt, and aims to raise capital through equity as it seeks to overcome a demand slump, the company said late Tuesday.Borr, which is dual-listed in Oslo and New York…

UK: OGA Appoints Central North Sea Manager

Sep 22, 2020

UK's oil and gas regulator the Oil and Gas Authority (OGA) has appointed Andy Brooks as Area Manager - Central North Sea, starting the role in September 2020.Brooks graduated from Leeds University in 2002 with a Masters in Chemical Engineering…

Recruitment Firms Fircroft, NES Global Talent Set to Merge

Sep 22, 2020

Fircroft, and NES Global Talent, two global recruitment companies providing skilled personnel across various sectors including oil and gas, renewables, and power sectors, have agreed to merge.'The integration of these two great businesses will…

Current News

Petrobras Eyes Sale of Albacora Offshore Fields

Petrobras Eyes Sale of Albacora Offshore Fields

OHT set for Merkur Market Debut

OHT set for Merkur Market Debut

Looming Strike Could Close 22% of Norwegian Oil and Gas Output

Looming Strike Could Close 22% of Norwegian Oil and Gas Output

Denmark Launches Tender for Its Largest Offshore Wind Farm

Denmark Launches Tender for Its Largest Offshore Wind Farm

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