Offshore Energy News - page 8

 

Webinar: Floating Production Forecasts & Analysis

Jul 24, 2020

A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis…

TAS Terminates Shipbuilding Deals for 16 Offshore Vessels

Jul 24, 2020

Malaysian offshore vessel operator TAS Offshore has canceled shipbuilding contracts for 16 offshore support vessels.The company had signed the contracts in the 2013-2015 period with two Chinese shipbuilders Guangzhou Hangtong Shipbuilding and Shipping Co…

Cable Giant Prysmian Eyes Energy Transition Opportunities with New Appointments

Jul 24, 2020

ndustrial cable provider Prysmian Group has announced new organizational structure and management appointments for the Projects Business Unit - responsible for High Voltage submarine and underground cable systems for power transmission.Prysmian…

Petrobras Launches Tender for Buzios FPSO Trio

Jul 24, 2020

Brazilian state-controlled oil company Petrobras said on Friday it has approved the start of a tender to build three new floating platforms, known as FPSOs, in the Buzios oilfield, one of the biggest deepwater discoveries this century.Earlier in July…

Construction Kicks Off for Arcadis Ost 1 Offshore Substation Topsides

Jul 24, 2020

The construction of the upper part of the offshore substation for the Arcadis 1 Ost offshore wind farm has kicked off.The facility is being built at the former Lenin Shipyard in Gdansk, Poland. The news of the construction start was shared by Belgium’s high-voltage transmission system operator Elia…

Massachusetts Institutions Get Grants for Offshore Wind Workforce Training

Jul 24, 2020

Massachusetts' Baker-Polito administration has this week announced $1.3 million in grants to nine Massachusetts institutions and organizations to establish or expand workforce training and development programs that support the state’s emerging offshore wind industry…

Bluestream Nets Inspection Gig at Gemini Offshore Wind Farm

Jul 24, 2020

Dutch offshore and subsea services firm Bluestream has won more work at the Gemini offshore wind farm in the Netherlands.In a social media post on Thursday, Blueastream said it has won a contract for the inspection of above water support structures on the Gemini wind farm off the Dutch coast…

Global Oil & Gas FIDs Set for Massive Drop in 2020

Jul 24, 2020

Global oil and gas project sanctioning is set for a monstrous 75% plus drop in 2020 from 2019 levels, as the Covid-19 pandemic has led to massive E&P spending cuts, the energy intelligence company Rystad Energy has estimated.According to Rystad Energy…

Repsol's Long-term Oil Price Forecast Aligns with Rivals

Jul 24, 2020

Spanish energy major Repsol lowered its oil price assumptions on Thursday, bringing its long-term outlook in line with most European rivals which have booked writedowns and leaving Equinor as a bullish outlier in the sector.Repsol took a writedown of $1…

Long-Term Charter in Brazil for Havila Harmony Vessel

Jul 24, 2020

Norwegian offshore support vessel owner Havila Shipping has secured a long-term contract for one of its subsea support vessels.Havila said Friday it had signed a three-year bareboat contract with OceanPact Netherlands for the operation of the subsea vessel Havila Harmony in Brazil…

Norway: Equinor's Operating Profit Dives, But Beats Estimates

Jul 24, 2020

Equinor on Friday reported a drop in second-quarter operating profit but a strong performance from its refinery and trading business helped to counter a coronavirus-led slump in oil and gas prices allowing the group to beat forecasts.The Norwegian…

Tekmar Energy's Cable Protection for Offshore Wind Farms in Japan

Jul 24, 2020

Subsea protection equipment provider Tekmar Energy will provide cable protection for the Akita and Noshiro offshore wind farm project in Japan.The wind farms, set to be the first utility-scale offshore wind project in Japan, will be delivered by Akita Offshore Wind Corporation…

Exxon Names Country Head in Emerging Hot Spot Guyana

Jul 24, 2020

Exxon Mobil Corp said on Thursday it had named its former Qatar country manager as the chief of its operations in Guyana, a South American country that just started producing crude last year and is seen as key to the company's future.Alastair Routledge takes over after the company…

Suncor Moves Terra Nova FPSO to Conception Bay

Jul 23, 2020

Canadian oil operator Suncor has moved its Terra Nova FPSO and docked it shoreside in Newfoundland after its planned drydock in Spain was canceled due to the COVID-19 outbreak.Suncor and its partners in the Terra Nova field in the Atlantic Ocean off Canada…

Santos' 2Q Revenue Drops. Output at Record Levels

Jul 23, 2020

Australia's Santos Ltd reported an 18% drop in second-quarter revenue on Thursday due to lower realised prices for its oil and gas, but said production from its core assets was expected to remain steady in the near term.The country's second…

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