Offshore Activity - page 4

 

Decommissioning: ASCO Wins Four NORM Decontamination Services Deals

Nov 21, 2022

UK-based firm ASCO said Monday it had signed four new contracts for Naturally Occurring Radioactive Materials (NORM) decontamination and disposal services with major operators, worth more than £10 million (around $11,8 million.)ASCO said that its subsidiary…

Saudi Arabia's State Fund Hires Banks for IPO of ADES, Sources say

Nov 21, 2022

Saudi Arabia's sovereign wealth fund is planning an initial public offering (IPO) of oil and gas drilling firm ADES International in Riyadh next year that could fetch more than $1 billion, according to two sources who declined to be identified as the matter is not public…

Norwegian Battery Startup Names Oil Industry Veteran as CEO

Nov 21, 2022

Norwegian startup Morrow Batteries has appointed Lars Christian Bacher, an oil industry veteran, as its new chief executive officer, the company said on Monday. Bacher had spent 30 years at Norway's largest oil and gas firm Equinor, where he held various executive positions…

Lula to Start Job Interviews for Petrobras Overhaul, Sources Say

Nov 21, 2022

Brazilian President-elect Luiz Inacio Lula da Silva begins interviews this week with candidates to run oil firm Petrobras, people familiar with the talks said, kicking off what may be a rocky few months for the state-controlled company.Lula…

Lhyfe and Nantes - Saint Nazaire Port In Pact to Develop Offshore Renewable Hydrogen

Nov 21, 2022

Green hydrogen firm Lhyfe has signed a partnership deal with Nantes - Saint Nazaire Port, France’s fourth largest seaport, to develop the offshore renewable sector and ramp up energy transition on the Loire Estuary.'Hydrogen is able to draw…

Qatar Pens 27-year Deal with China as LNG Competition Heats Up

Nov 21, 2022

QatarEnergy has signed a 27-year deal to supply China's Sinopec with liquefied natural gas (LNG), the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals. Following Russia's invasion of Ukraine in February…

UK Well Decommissioning Firm Names Subsurface Team Lead

Nov 21, 2022

UK-based well decommissioning services company Well-Safe Solutions has appointed Ruth Thomas as Subsurface Team Lead.Thomas has over two decades of experience in providing subsurface support to assets in the UK sector of the North Sea for energy majors including Repsol Sinopec Resources UK…

Angola: Chevron Extends Jack-up Drilling Rig Contract

Nov 21, 2022

Oslo-listed offshore drilling company Shelf Drilling has secured a contract extension for its Shelf Drilling Tenacious jack-up rig.The contract is in direct continuation of its current contract for drilling operations offshore Angola until November 2023…

Magseis Renewables Wins North Sea CCS Monitoring Deal

Nov 21, 2022

Magseis Renewables AS, a subsidiary of the Norwegian OBN seismic services firm Magseis Fairfield ASA, has won a contract to collect data for a CCS monitoring project in the North Sea. The company will use its MASS III ocean bottom nodes and…

Delfin Gets More Time to Build U.S. Gulf of Mexico LNG Export Plant

Nov 21, 2022

U.S. energy regulators on Friday extended until September 2023 the amount of time liquefied natural gas (LNG) developer Delfin LNG has to put the onshore part of its proposed Gulf of Mexico floating export project off Louisiana into service…

American Offshore Energy Launches Novel Floating Wind Turbine Design

Nov 18, 2022

American Offshore Energy (AOE) has this week announced novel patents in the floating wind turbine industry including a vertical axis wind turbine which, the company says, can be deployed quickly, and even submerged in the wake of a hurricane…

Russia to Wait for Full Nord Stream Damage Assessment Before Any Repair Decision

Nov 18, 2022

Russia will wait until a full damage assessment to the Nord Stream gas pipelines is done before deciding on any repairs, if any, Kremlin spokesman Dmitry Peskov said on Friday.Swedish investigators have found traces of explosives at the site of the damaged Nord Stream pipelines…

Wintershall Dea CEO Doesn't See IPO in Next Six Months

Nov 18, 2022

An initial public offering (IPO) for oil and gas producer Wintershall Dea is off the cards for the next six months, Chief Executive Mario Mehren told business daily Handelsblatt.The company, owned jointly by BASF and investor group LetterOne…

Aker Solutions to Keep Providing M&M Services for Giant Johan Sverdrup Field in Norway

Nov 18, 2022

Aker Solutions has secured a contract extension with Equinor in Norway to continue providing maintenance and modification services (M&M) on the Johan Sverdrup field in the North Sea.'The extension of the call off is done in accordance with an existing frame agreement that lasts until February 2026…

ExxonMobil Books Odfjell Drilling-managed Offshore Rig for Canadian Operations

Nov 18, 2022

U.S. oil major ExxonMobil has signed a deal to use the Odfjell Drilling-managed semi-submersible drilling rig Hercules in Canada next year.The contract for the 6th generation rig is expected to start in the second quarter of 2023. The contract has a firm duration of around 135 days…

Current News

Reach Subsea to Add Two ROV Support Vessels to Its Fleet

Reach Subsea to Add Two ROV Support Vessels to Its Fleet

Europa Gives Up Block Offshore Morocco after Quest to Find Drilling Partner Fails

Europa Gives Up Block Offshore Morocco after Quest to Find Drilling Partner Fails

Icon Offshore Sells Perisai Pacific 101 Jack-up Rig at Significant Profit

Icon Offshore Sells Perisai Pacific 101 Jack-up Rig at Significant Profit

Wales’ Marine Test Center Expands Its Capabilities

Wales’ Marine Test Center Expands Its Capabilities

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