Offshore Energy News - page 54

 

Santos Gets Keraudren Seismic Survey Nod

Apr 13, 2020

Australian offshore oil and gas safety regulator NOPSEMA has approved oil company Santos' application for a 3D seismic marine survey in the Bedout Sub-basin in Commonwealth waters off the coast of Western Australia.At its closest point, the…

Singapore Readies 'Floating Hotels' for Workers as Coronavirus Spreads

Apr 13, 2020

Singapore is preparing to house hundreds of foreign workers in accommodation vessels typically used for offshore and marine industry staff as it races to find alternatives to dormitories where the novel coronavirus has been spreading rapidly…

Oil Rises After OPEC+ Agrees Record Output Cut

Apr 13, 2020

Oil prices rose on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that it won't be enough to head off oversupply with the coronavirus pandemic hammering demand.After four days of wrangling…

OPEC, Russia Approve Biggest-Ever Oil Cut to Support Prices

Apr 13, 2020

OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic in an unprecedented deal with fellow oil nations, including the United States, that could curb global oil supply by 20%…

Equinor Gets OK to Use Troll B Platform Till 2030

Apr 10, 2020

Norwegian oil firm Equinor has received approval to continue using its Troll B platform in the North Sea offshore Norway, for 10 more years.The Norwegian offshore safety body PSA Norway said earlier this week it had given Equinor consent for…

TKF Cables for Kaskasi Offshore Wind Farm

Apr 10, 2020

Dutch cable manufacturer Twentsche Kabel Fabriek (TKF) will deliver 33 kV inner array grid cables for the Kaskasi offshore wind farm project by innogy SE, located in the German North Sea.The contract was awarded to TKF by Seaway7, a Subsea 7 subsidiary…

COVID-19: DEME Charters Flotel to Pre-Quarantine Offshore Workers

Apr 10, 2020

Belgium-based offshore installation and construction company DEME has chartered a hotel ship where it will pre-quarantine its offshore crews ahead of deployment to offshore projects.'To ensure safe crew changes on board dredgers and offshore vessels during the COVID-19 pandemic…

OceanTeam Bags Cable Transportation Contract. Talks Underway for Vessel Charters

Apr 10, 2020

Offshore cable-solutions provider OceanTeam has signed an agreement with an unnamed major cable manufacturer to provide cable transportation capability using a cable transportation and handling barge specially equipped for these tasks.OceanTeam…

Lukoil Pressing Ahead with Caspian Sea Works. Valery Grayfer Field LQ Jacket Launched

Apr 10, 2020

The Russian oil company Lukoil is pressing ahead with the development of the Valery Grayfer field in the Caspian Sea. The company on Friday said it had launched the jacket of the living quarters platform from the yard to the Caspian Sea.The…

First UXO Survey Guidance Launched for Offshore Wind Industry

Apr 10, 2020

The Carbon Trust’s Offshore Wind Accelerator (OWA) has this week published guidance for the geophysical surveying for unexploded ordnance (UXO) and boulders, supporting subsea cable installation by improving the efficiency and effectiveness of surveys…

DEME Hits Halfway Mark with Borssele Wind Farm Installation

Apr 10, 2020

Offshore installation company DEME Offshore has said made strong progress with the installation of the foundations for offshore wind turbines at Ørsted’sBorssele 1 & 2 Offshore Wind Farm in the Dutch North Sea, reaching the halfway mark. Having…

The Numbers Tell the Story of Oil Industry Crisis

Apr 10, 2020

Global oil producers and refiners are struggling with a series of unprecedented dislocations as the simultaneous epidemic and volume war between Saudi Arabia and Russia rip through every element of the supply chain.Some idea of the extraordinary…

Turkish Drillship Gearing Up for Black Sea Drilling

Apr 10, 2020

Turkish national oil company TPAO's drillship Fatih is being prepared to move to the Black Sea to start drilling operations.The news was shared on social media both by TPAO and the country's energy minister Fatih DonmezDonmez on Thursday tweeted…

BW Offshore's FPSO Stuck in New Zealand

Apr 10, 2020

FPSO-leasing company BW Offshore has been unable to remove the Umuroa FPSO from the Tui field in New Zealand following the contract termination, client liquidation, and the country's court and environment regulator intervention.The company was…

OPEC+ Oil Pact Hinges on Mexico Joining

Apr 10, 2020

Saudi Arabia's energy minister said on Friday that a final OPEC+ oil supply pact to reduce 10 million barrels per day (bpd), which was agreed on Thursday, hinges on Mexico joining in the cuts.OPEC, Russia and other allies, a group known as OPEC+…

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