Offshore Energy News - page 372

 

New Tyra Topsides, Bridges Reach Danish North Sea

Aug 30, 2021

Big Roll Beaufort heavy transportation vessel, loaded with topsides destined for TotalEnergies' Tyra Phase 2 development off Denmark, reached the Danish North Sea on Sunday morning after a long journey from Singapore.Singapore's offshore platform…

Prosafe Has to Pay $53M to Westcon for Rig Conversion. Court Dismisses Appeal

Aug 27, 2021

Prosafe, an Oslo-listed offshore accommodation rig provider, has to pay around $53 million to Westcon yard as its appeal over an April court ruling related to a dispute concerning the conversion of one of its flotels was dismissed.Stavanger…

Mavenir Assisting Vilicom to Deliver Mobile Network for UK Offshore Wind Farm

Aug 27, 2021

UK wireless telecommunications provider Vilicom is using network software provider Mavenir's MAVair suite as an important element of deploying the UK's first private offshore LTE network for wind farm communications and connectivity, Mavenir said…

Petronas Swings to 2Q Profit. CEO Says Oil Market Recovery 'Fragile'

Aug 27, 2021

Malaysian state energy giant Petronas announced a flip to a second-quarter profit on Friday on the back of a recovery in prices and demand, but said it will be a 'long, drawn out process' before the industry returns to pre-pandemic levels.Petronas…

Near-term Outlook for Deepwater Floating Production Systems is Excellent

Aug 27, 2021

Near-term prospects for the deepwater sector are excellent. That’s the conclusion of an in-depth market analysis of the floating production market just completed by IMA/WER in the August 2021 Floating Production Systems Report.Asked what is driving the positive sentiment…

Woodside, Oil Majors, Work to Overturn $723M Timor Sea Field Decommissioning Levy

Aug 27, 2021

Woodside Petroleum said on Friday it is working with other companies on a plan to replace a proposed Australian government levy that would make offshore producers pay for the clean up of an abandoned oilfield in the Timor Sea.The government…

Environmental Concerns: Shareholder Asks Petrobras to Skip Offshore Oil Tender

Aug 27, 2021

Anapetro, an association of shareholders in Brazil’s Petrobras who are also employees, on Thursday publicly asked the state-run oil company to skip an upcoming auction of an oil area near coral reefs, due to environmental concerns.In a public letter to company management…

Global Maritime, BP Sign 3-Year Deal

Aug 27, 2021

Marine, offshore, and engineering consultancy Global Maritime has recently signed a Framework Agreement with BP to provide the oil firm with specialist marine services.The HitecVision-backed firm said that the three-year frame agreement would cover marine vessel assurance…

PGS Wraps Phase 2 of Côte d’Ivoire MegaSurvey

Aug 27, 2021

Norwegian seismic acquisition company PGS, has in partnership with PetroCi and Direction Générale des Hydrocarbures, wrapped up phase two of the Côte d’Ivoire MegaSurvey, adding 9 897 sq. km of 3D and 24 632 km 2D in the Tano Basin. Data from phases 1 and 2 have been matched…

Shell Shuts Production at Four Gulf of Mexico Platforms as Storm Ida Approaches

Aug 27, 2021

Royal Dutch Shell Plc is shutting production at four Gulf of Mexico offshore platforms and evacuating all workers from those locations because of the threat from Tropical Storm Ida, the company said on Thursday night.The Ursa, Mars, Olympus…

ADES to Buy Four Noble Corp. Jack-up Rigs with Saudi Aramco Contracts

Aug 26, 2021

Offshore drilling firm Noble Corporation will sell four jack-up drilling rigs to drilling company ADES for $292 million. Noble Corp, which recently acquired Pacific Drilling, expects to generate around $285 million in cash from the ADES transaction net of fees…

Spirit Energy Finds More Gas at Grove Field, Extending its Life Until At Least 2028

Aug 26, 2021

UK-based oil and gas company Spirit Energy has said it has discovered more gas at its Grove field in the UK North Sea,  close to the UK–Netherlands median line.The Grove North East development well (49/10a-G7) encountered carboniferous reservoir units at the target depth…

IOG Renames UK North Sea Project

Aug 26, 2021

UK-based oil company IOG, focused on developing its Southern North Sea gas fields, has renamed its Core Project and the associated Thames infrastructure.IOG, which changed its own name from Independent Oil & Gas to IOG in April, has said that the Core Project would now be named Saturn Banks Project…

CNOOC Brings Another Bohai Sea Field Online

Aug 26, 2021

Chinese national offshore oil and gas company CNOOC has started production from its Bozhong 26-3 oil field expansion project in the south of Bohai Sea, The field is located in an area with an average water depth of around 21 meters. 'In addition to fully utilizing the existing processing facilities…

Brazil's Enauta in Exclusive Talks with Yinson for "New" Atlanta Field FPSO

Aug 26, 2021

Brazilian oil company Enauta said Thursday it has signed a Memorandum of Understanding (MoU) with Malaysia's FPSO specialist Yinson for direct and exclusive negotiation of FPSO supply contracts for the 'Definitive System' of the Atlanta field in the Santos Basin…

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