Offshore Engineer Activity - page 642

 

SBM Offshore's Profit Forecast 'a touch light', Shares Dive

Feb 10, 2022

SBM Offshore shares dived on Thursday after the Dutch oil and gas services company's cautious guidance disappointed the market despite full-year results meeting expectations.For 2022, the group expects revenue to amount to more than $3.1 billion and earnings before interest…

Equinor Gets OK for Veslefrikk Platform Disposal

Feb 10, 2022

Norwegian oil and gas company Equinor has received consent from Norway's oil and gas industry safety body the Petroleum Safety Authority (PSA) for disposal of the facilities on the Veslefrikk field in the North Sea.'Equinor has applied to the…

Aker BP May Export More Gas from Skarv Offshore Field

Feb 10, 2022

Norway's Aker BP is considering whether to increase gas exports from its Skarv field to take advantage of high prices that exceed those for oil, Chief Executive Karl Johnny Hersvik said on Thursday.Aker BP currently injects natural gas produced…

Five-year Charter: MMA Offshore's Platform Supplier Extends Stay at Inpex's Ichthys Field

Feb 10, 2022

Australian offshore support vessel operator MMA Offshore has secured a contract extension with Inpex for its MMA Brewster platform supply vessel.The contract, with Inpex's Australian subsidiary INPEX Operations Australia, is worth A$68 million (USD 48…

Norway Approves Aker BP's Kobra East & Gekko Field Development Plan

Feb 10, 2022

The Norwegian Ministry of Petroleum and Energy on Thursday approved Aker BP's plan for development and operation (PDO) for Kobra East & Gekko (KEG) project in the Alvheim area, offshore Norway. Aker BP as the operator, and its license partners…

DNV Launches Electrolyzer Standardization JIP for Green Hydrogen Growth

Feb 10, 2022

DNV, together with 18 industry partners, is launching a new Joint Industry Project (JIP) to enhance the standardization for reliable, safe, and cost-efficient hydrogen production systems that use renewable energy-powered electrolysis to produce green hydrogen…

TotalEnergies Withdraws from North Platte Deepwater Project in Gulf of Mexico

Feb 10, 2022

French oil major TotalEnergies said Thursday it wouldn't sanction the North Platte deepwater project in the U.S. Gulf of Mexico and that it would withdraw from it. Equinor said it was disappointed with the decision, but that it would move forward with the development…

Viking Supply Ships CFO to Resign

Feb 10, 2022

Swedish company Viking Supply Ships said Thursday that its Chief Financial Officer Morten G. Aggvin would step down.He has informed the offshore vessel operator that he will resign from his position to pursue challenges outside Viking Supply Ships…

Enauta Wraps Buy of FPSO OSX-2 for $80M

Feb 10, 2022

Brazilian oil company Enauta has completed the acquisition of the FPSO OSX-2 for the Definitive System of the Atlanta Field in Brazil for $80 million.Atlanta Field is located in the Santos Basin, offshore Brazil, and is fully owned by Enauta…

TotalEnergies Swings Back to Profit

Feb 10, 2022

TotalEnergies swung back to profit in 2021 thanks to higher hydrocarbons prices, it said on Thursday, with net income of $16 billion and adjusted net income of $18.1 billion, the highest since record years in 2007 and 2008.The French oil major…

Aker BP to Drill More Exploration Wells in 2022

Feb 10, 2022

Norwegian independent oil company Aker BP said on Thursday it planned to drill more exploration wells this year, after reporting a record operating profit for the final quarter of 2021 buoyed by higher petroleum prices.Its earnings before interest…

Japan's Inpex to Spend Up to $38B in Growth Areas Over 9 years

Feb 09, 2022

Japan's biggest oil and gas explorer Inpex Corp said on Wednesday it will invest up to 4.4 trillion yen ($38 billion) in growth areas over the next 9 years, 1 trillion of which will be spent on decarbonization areas including hydrogen and ammonia…

Magseis Fairfield Firms Up North Sea 4D Survey Gig

Feb 09, 2022

Norwegian ocean bottom node seismic survey company Magseis Fairfield on Wednesday announced the final signing of a 4D Ocean Bottom Node (OBN) survey in the North Sea, first announced in November.The company had on November 23, 2021, announced a conditional award of the contract…

What’s Happened to Teras Offshore's Liftboat Fleet?

Feb 09, 2022

Teras Offshore, once a notorious ‘‘big boy’’ in Singapore’s offshore oil & gas market and owning a varied fleet of liftboats, jack-ups, and small AHTs, has recently been forced to close its doors for good and put an end to years of suffering and losses…

Oil Prices Stable at $90 a Barrel But Iran Supply Prospects Add Pressure

Feb 09, 2022

Oil prices were stable around $90 a barrel on Wednesday but the prospect of increased supply from Iran and the United States kept pressure on the market.Brent crude futures edged down 36 cents, or 0.4%, to $90.42 a barrel by 1150 GMT.  U.S. West Texas Intermediate crude fell 43 cents…

Current News

Equinor Takes $955M Impairment Hit on US Offshore Wind Farm

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Exxon Looking to Explore Trini

SLB Gets CCS Job in North Sea for BP, Equinor and TotalEnergies JV

SLB Gets CCS Job in North Sea

CEP Makes ‘Significant’ Oil Discovery Offshore Poland

CEP Makes ‘Significant’ Oil Di

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