Offshore Energy News - page 60

 

Report: Petrofac to Let Go 20% of Workforce

Apr 02, 2020

Oilfield services provider Petrofac is launching a redundancy programme that it expects will end up reducing staff numbers by 20% as it seeks to cope with plunging oil prices, according to a source and an internal email seen by Reuters.The Britain-based company…

Vattenfall Pulls Out of Dutch Offshore Wind Tender

Apr 02, 2020

Swedish utility Vattenfall will not take part in a Dutch tender for a 700 megawatt (MW) offshore wind farm in the North Sea because of the uncertainty created by the coronavirus pandemic, the state-owned firm said on Thursday.Vattenfall won…

Apache Makes 'Significant' Discovery Offshore Suriname

Apr 02, 2020

U.S. oil company Apache has said it has made a significant oil discovery at the Sapakara West-1 well drilled offshore Suriname on Block 58. This is the company's second large oil discovery in the country this year. The first was struck in January…

CNOOC Transfers Pipeline Infrastructure to PipeChina

Apr 02, 2020

China National Offshore Oil Corp (CNOOC) has signed an agreement with newly launched PipeChina on transferring management rights for oil and gas infrastructure projects, the company said in a statement on Wednesday.The statement did not give details on what projects have been handed over…

RWE Enters Taiwanese Offshore Wind Market

Apr 02, 2020

RWE, Europe's third-largest renewables group, is partnering with Taiwan's Asia Cement Corp to enter one of the strongest-growing offshore wind markets outside Europe, its renewable arm said on Thursday.The partnership is for the Chu Feng offshore wind project…

OGUK Asks Gov't to Save Oil Service Companies

Apr 02, 2020

Britain's oil and gas industry body OGUK has asked the government to adapt the financial aid schemes offered in the wake of the coronavirus crisis so as to cover dozens of oil service companies which would otherwise not qualify.OGUK called on the government last month to help it survive…

PGS Wraps Kwanza Shelf Survey Offshore Angola

Apr 02, 2020

Offshore seismic company PGS has completed the acquisition on its MC3D Kwanza Shelf survey offshore Angola. Total GeoStreamer coverage in Blocks 6, 7 and 8 and the surrounding areas of the Kwanza Shelf is now 8 300 square kilometers, PGS said Thursday…

Viking Aviation Suits for Serica Offshore Crews

Apr 02, 2020

Danish safety product manufacturer Viking has won a three-year contract to supply personal protective equipment (PPE) to Serica Energy.Viking said Thursday it would work with Babcock Offshore to deliver aviation suits for the Serica crew in the UK sector of the North Sea…

Eidesvik's Seismic Source Vessel Charter Cut Short

Apr 02, 2020

Seismic survey company Seabed Geosolutions will return the seismic source vessel Vantage to its owner Eidesvik Offshore earlier than originally planned.Eidesvik said Thursday it had received notice of early re-delivery from Seabed Geosolutions for the Vantage vessel…

TGS to Use Polarcus Adira Vessel for Norwegian Sea Survey

Apr 02, 2020

TGS, a Norwegian provider of multi-client geoscience data for exploration & production firm, has said it will be starting the Atlantic Margin 20 (AM20) 3D multi-client project as soon as the marine seismic acquisition season gets underway in north-west Europe this summer…

Petrobras to Double Oil Output Cuts Amid "Worst Oil Industry Crisis in 100 Years."

Apr 02, 2020

Brazil's Petrobras will double its oil output cuts to 200,000 barrels per day, or about 6% of total production, and shorten work hours as the state-controlled company responds to what its chief executive has called the 'worst oil industry crisis in 100 years…

Brazil's ANP Suspends Oil, Gas Bidding Rounds Due to Coronavirus

Apr 02, 2020

Brazil's oil and gas regulator ANP on Wednesday approved the temporary suspension of the 17th round of auction bids for exploration and production rights planned for this year due to the coronavirus health crisis.In a press release, the ANP…

Aker Energy Delays Ghana Offshore Project 'Indefinitely'

Apr 01, 2020

Ghana's President Nana Akufo-Addo in February said he expected Norwegian oil firm Aker Energy to make a final investment decision on the Pecan offshore development 'within a month or two.' The wait is now set to be prolonged 'indefinitely.'Namely…

Aker Solutions Slashes 650 Jobs in Norway and UK. More Cuts Ahead

Apr 01, 2020

Norwegian offshore engineering and construction company Aker Solutions laid off 400 employees in Norway and 250 employees in the UK, as per April 1, and it might need to lay off up to 6000 employees in Norway. The company has said the layoffs are temporary…

Repsol Sinopec Resources UK Names New CEO

Apr 01, 2020

UK North Sea-focused oil company Repsol Sinopec Resources UK Limited has appointed Jose Luis Muñoz as its Chief Executive Officer, effective April 1, 2020.Muñoz replaces Bill Dunnett, who had been in the CEO since 2015. Repsol Sinopec said Dunnett…

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