Offshore Activity - page 4

 

North Star Names New CEO. Sets Up Offshore Wind Business

Jul 06, 2020

UK-focused offshore support vessel owner North Star has appointed Mathew Gordon as its new chief executive.Gordon will take over the CEO position this month from Callum Bruce, who is stepping down as chief executive after 34 years in the business…

Dry Barents Sea Well for Spirit Energy

Jul 06, 2020

Spirit Energy has failed to find hydrocarbons at a Barents Sea exploration well in the production license 719, offshore Norway.The Norwegian Petroleum Directorate said Monday morning that Spirit Energy had concluded the drilling of wildcat well 7321/8-2 S and that the well was dry…

PGS Kicks Off Barents Sea Seismic Survey

Jul 06, 2020

Norwegian seismic acquisition company PGS has started an ultra-high-density seismic survey in the Barents Sea. The survey extends Hammerfest Basin coverage further west and north into the southern Loppa High. The first data will be available Q4 2020…

Sasol Returns Exploration License Offshore Mozambique

Jul 06, 2020

South African petrochemicals giant Sasol Ltd has opted to give up its license to explore for gas off the Mozambique coast, the company said on Sunday.'Sasol will return Block 16/19 in its entirety to the Government of Mozambique. To this end…

Petrobras Considers LNG Units for Pre-salt's Natural Gas

Jul 06, 2020

Brazilian state-controlled oil company Petrobras is considering installing offshore units to liquefy the growing natural gas production from the so-called pre-salt area, the company's emissions and climate change manager said during a webinar on Friday…

Fred. Olsen Windcarrier Picks Jack-Up for 1600t Huisman Crane

Jul 03, 2020

Offshore wind turbine installation company Fred. Olsen Windcarrier back in March said it had struck a deal to equip one of its jack-up installation vessels with a 1600t crane for next-gen offshore wind turbines. While the company at the time…

Japan Identifies 10 Areas for Offshore Wind Projects

Jul 03, 2020

Japan's industry ministry said on Friday it has identified 10 areas as potentially suitable for development of offshore wind farms, four of which were designated 'promising areas', as it started a second round of the process to select operators…

Neptune Strikes Hydrocarbons at Dugong Well, off Norway

Jul 03, 2020

Oil and gas firm Neptune Energy has struck hydrocarbons at its Dugong well in the Norwegian sector of the North Sea, just two weeks after the drilling started.'Upon entering the reservoir, logs and cuttings have identified hydrocarbons and a decision has been made to initiate coring…

LLOG Charters Transocean Rig for Shenandoah Drilling

Jul 03, 2020

U.S. oil company LLOG has chartered a Transocean drilling rig for the drilling of wells at the Shenandoah project in the Gulf of Mexico.The news was announced on Thursday by Navitas, LLOG's partner in the project (PDF in Hebrew), who said the contract was for four development wells…

COSL Signs LOI for COSLInnovator Rig

Jul 03, 2020

Offshore drilling company COSL Drilling has signed a letter of intent with an unnamed operator for the use of its COSLInnovator semi-submersible drilling rig offshore Norway in 2021.'After being kept ready for operations over a longer period…

Jadestone, Inpex in Arbitration over Offshore Block in Vietnam

Jul 03, 2020

South East Asia focused oil and gas company Jadestone Energy has started arbitration against Inpex's subsidiary Teikoku over of Jadestone’s acquisition of an interest in Blocks 05-1 b and c, offshore Vietnam.Jadestone in August 2016 signed an…

Eni to Pay $185M to Settle Transocean Drilling Rig Dispute

Jul 03, 2020

Offshore drilling company Transocean and Italian oil and gas firm Eni have settled a long-standing dispute over a drilling contract for the Deepwater Pathfinder drillship.The dispute was related to drilling services provided by Transocean to…

Borr Drilling Regains NYSE Listing Compliance

Jul 03, 2020

Jack-up drilling rig specialist Borr Drilling has regained compliance with the continued listing standard on the New York Stock Exchange, avoiding delisting risk.Borr Drilling said in May it had been informed by the NYSE that the company was…

Eni, Shell Aware of Bribery in Nigeria, Italy Prosecutor Says

Jul 03, 2020

Oil majors Eni and Royal Dutch Shell were aware that most of the money they spent to buy a Nigerian oilfield in 2011 would go in corrupt payments to politicians and officials, a prosecutor said on Thursday.'They were kickbacks. And Eni and Shell knew it…

Magnora, Kustvind Speed Up Work on 500MW Offshore Wind Farm in Sweden

Jul 03, 2020

Oslo-listed company Magnora has teamed up with Swedish wind power company to speed up the development “Sydkustens Vind”, a 500 MW shallow-water offshore wind project in the Baltic Sea, off southern Sweden.“The decision follows several studies…

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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