Offshore Energy News - page 418

 

Wood Bags Five-year Extension at Hibernia

Jun 11, 2021

Oil and gas services firm Wood has secured a contract renewal for the provision of engineering, procurement, and construction (EPC) solutions and maintenance to the Hibernia platform off the coast of St. John’s, Newfoundland, and Labrador.The…

Petrobras Orders $2.3B FPSO from Saipem, DSME JV

Jun 11, 2021

Italian offshore engineering and construction firm Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), has won a contract with Brazil's Petrobras to build an FPSO for the Búzios offshore field in Brazil…

Norway Not Giving Up on Oil, Gas in Push for Greener Energy

Jun 11, 2021

Norway is betting on hydrogen and offshore wind for its energy transition but will continue to extract oil and gas until 2050 and beyond, the center-right government said as it presented its long-term energy strategy on Friday.Europe's second…

RWE Kicks Off Construction of Massive 1.4GW Sofia Offshore Wind Farm

Jun 11, 2021

Offshore wind developer RWE said Friday it had started construction of its flagship 1.4 gigawatts Sofia offshore wind farm project in the UK. The Sofia is the largest project currently in construction across the company's entire renewables portfolio…

EnQuest Signs 750M Loan to Fund Golden Eagle Acquisition, Refinance Debt

Jun 11, 2021

UK oil and gas company EnQuest has said it has signed a new senior secured borrowing base debt facility of around $600 million and an additional amount of $150 million for letters of credit for up to seven years.'The new facility will enable…

Seabed Geosolutions Receives LOA for Americas OBN Survey

Jun 11, 2021

Fugro's soon-to-be-sold marine seismic acquisition subsidiary Seabed Geosolutions has received a conditional Letter of Award (LOA) from an undisclosed company for an ocean bottom node (OBN) project in the Americas region.The project is anticipated…

Aker Solutions Manager Charged in Malaysia over False Documents

Jun 11, 2021

A Malaysian manager of Norway's largest oil services provider Aker Solutions was charged on Friday over allegations he submitted false documents in dealings with state-owned energy firm Petronas , according to a court charge-sheet.Ahmad Hatta Kamaruzzaman…

Aker Solutions Manager Questioned in Malaysia. 'Charges expected'

Jun 10, 2021

Norwegian oil services firm Aker Solutions said on Thursday one of its managers was being questioned by Malaysian authorities and three sources familiar with the case said they expected charges to be brought on Friday.Malaysia's Anti-Corruption…

Cambodia Unclear on Oil Plans as KrisEnergy Heads Towards Liquidation

Jun 10, 2021

Cambodia's government said on Thursday it had no immediate plan for maintaining oil production in the country, after its partner KrisEnergy announced it was headed to liquidation, just five months after extracting the country's first drop of oil…

Serica Energy Cheers Rhum Well Flow Rate

Jun 10, 2021

Serica Energy has said it has installed new completion equipment at Rhum R3 well in the North Sea, and that 'flow test has now been performed.'As reported late in May, Serica said it had cleared the well of all equipment installed when it was originally completed in 2005…

Wood Chairman Franklin Joins Kosmos Energy Board

Jun 10, 2021

Offshore oil and gas exploration and production company Kosmos Energy has appointed Roy A. Franklin as a member of its Board of Directors, effective June 9, 2021. Franklin is a senior executive with more than 45 years in the energy industry…

Neptune Energy: Tech Built for Astronauts to Reduce Need for Offshore Travel

Jun 10, 2021

Oil and gas company Neptune Energy has completed a virtual reality pilot on its Gjøa platform in the Norwegian North Sea, enabling teams to make highly realistic virtual visits to the facility. The technology, developed by PaleBlue and used…

Harbour Energy Charters Two Solstad PSVs

Jun 10, 2021

Oil and gas company Harbour Energy has chartered two large platform supply vessels from the Norwegian offshore vessel owner Solstad Offshore.Solstad Offshore said Thursday that the long-term contracts with Harbour Energy were for the Normand Service and Normand Supra vessels…

Aker Offshore Wind Names CFO

Jun 10, 2021

Tom Selwood has been appointed Chief Financial Officer of Aker Offshore Wind, the recently established Norwegian floating wind developer. Selwood joins the company from Aker Horizons’ commercial finance unit where he has worked with M&A and financing for offshore wind projects…

Parkwind Taps JDR for Arcadis Ost 1 Subsea Cables

Jun 10, 2021

Offshore wind developer Parkwind has granted subsea cable manufacturer JDR a contract to provide, test, and terminate 33kV subsea cables for the Arcadis Ost 1 offshore wind farm in Germany.JDR, part of TFKable Group, will supply the 45km of 33kV array cable that will connect the 27 wind turbines…

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