Offshore Energy News - page 457

 

PSE Kinsale Energy Taps NHV for Helicopter Services in Support of Decom Work Off Ireland

Mar 24, 2021

Offshore helicopter operator NHV Group has secured a contract in Ireland with PSE Kinsale Energy Ltd in support of its decommissioning operations in the Celtic Sea. PSE Kinsale Energy, a Petronas subsidiary, last in July said that the Kinsale…

Santos, BW Offshore Sign $4,6B Barossa FPSO Deal

Mar 24, 2021

Australian oil and gas company Santos has signed a contract with FPSO supplier BW Offshore for the delivery of an FPSO for the Barossa gas field, located 300 kilometers offshore Darwin in Australia. The contract is subject to Final Investment Decision (FID) by Santos and its partners…

Seaplace's CROWN Spar Floating Wind Platform Concept Gets DNV Nod

Mar 24, 2021

Spanish ship design and offshore engineering company Seaplace has won a DNV Statement of Feasibility for its CROWN Spar offshore wind floating platform concept.DNV said that its Statement of Feasibility verifies new concepts and opens the door…

Borr Drilling Wins New Rig Contracts, Extensions Worth $48M

Mar 24, 2021

Shallow water drilling rig contractor Borr Drilling said Wednesday it had entered into agreements potentially adding a total of $48 million over approximately 590 days to its rig contract backlog.For the jack-up rig 'Natt' Borr Drilling has…

Equinor, Partners Make 'Significant' Oil Find in Mature Area Off Norway

Mar 24, 2021

Norwegian oil firm Equinor, with its partners Vår Energi, Idemitsu Petroleum, and Neptune Energy, said Wednesday it had made the biggest discovery this year offshore Norway.Preliminary estimates place the discovery size between 12 and 19 million standard cubic meters of recoverable oil equivalent…

Offshore Drilling Market Poised for Growth, Rystad Says

Mar 23, 2021

Norwegian energy intelligence group Rystad Energy expects to see an increase in offshore wells drilled this year and the next one, compared to 2020, when the number was hit by low oil prices and the pandemic.Now, with oil and gas demand recovering supported by vaccinations and OPEC+ supply cuts…

Baker Hughes, Horisont Energi Working on Barents Sea Carbon Capture Project

Mar 23, 2021

Oilfield services giant Baker Hughes and the Norwegian 'carbontech' start-up, Horisont Energi have signed an agreement to jointly explore development and integration of technologies for the Polaris carbon storage project in the Barents Sea, offshore Norway…

Petronas Carigali Hires Uzma for Wireline Logging Services Off Malaysia

Mar 23, 2021

Malaysian oilfield services company Uzma has won a contract with Petronas Carigali for electric wireline logging services.Uzma said it would provide non-rig assisted electric wireline logging services for Petronas Carigali for a period of three…

GC Rieber Delivers Polar Queen to Schmidt Ocean Institute

Mar 23, 2021

Norwegian offshore vessel owner GC Rieber Shipping has delivered the Polar Queen vessel to new owners Schmidt Ocean Institute. The company announced the sale of the IMR vessel in February.'The vessel has today been delivered to the new owner…

KrisEnergy's Vietnam Farm-Out Deal Delayed

Mar 23, 2021

Southeast Asia-focused oil firm KrisEnergy has yet again delayed the completion date of the proposed farm-out of its entire interest in Block 115/09 offshore Vietnam.KrisEnergy entered into the farm-out agreement with an unnamed international oil major for the Vietnam farm-out back in February 2020…

Reach Subsea Adds New Contracts

Mar 23, 2021

Norwegian offshore services company Reach Subsea said Tuesday it has recently been awarded several contracts and call-offs under frame agreements.The company said it had won the contracts both alone and in partnership with Sweden's MMT.'We now…

Bourbon to Install TetraSpar Floating Wind Turbine Offshore Norway

Mar 23, 2021

Offshore vessel operator Bourbon Subsea Services has won a contract with TetraSpar Demonstrator ApS, to manage the transportation and installation of the 3,6 MW Floating Wind Turbine prototype, off Norway.'This new turnkey stage includes project management…

UK: Equinor's Floating Wind Farm Sets New Record

Mar 23, 2021

Norwegian energy company Equinor said Tuesday its Hywind Scotland floating offshore wind farm in the UK has, for the third consecutive year, reached the highest average capacity factor for any wind farm in the UK.With an average capacity factor of 57…

DNV to Support Construction of Taipower's Largest Offshore Wind Farm

Mar 23, 2021

DNV, the independent energy expert and assurance provider, has signed a USD 17.7 million (NOK 150 million) contract to be the 'Owner’s Engineer' for Taipower Offshore Wind Project Phase II (Changhua Phase II) in Taiwan. It is the largest offshore…

BP CEO Looney Receives $2.4M in 2020 after Bonuses Scrapped due to Pandemic

Mar 23, 2021

BP Chief Executive Bernard Looney's remuneration was 1.735 million pounds ($2.4 million) in 2020 after it scrapped all bonuses during his first year in office due to the pandemic, the energy group said in its annual report.Looney's pay included 1…

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