Industry News

 

Petrofac's Bribery Case Sentencing Hearing Delayed

Sep 27, 2021

Oilfield services firm Petrofac's bribery case sentencing hearing has been postponed for Friday.As previously reported, Petrofac said Friday it would plead guilty to seven counts of failing to prevent former Petrofac group employees from offering…

Mojo Maritime Renamed

Sep 27, 2021

Offshore services company James Fisher said Monday its French subsidiary Mojo Maritime would be renamed to James Fisher Renouvelables. This comes following the launch of its dedicated offshore wind division James Fisher Renewables in March 2021…

Altera's Petrojarl Knarr FPSO Pilots DNV ABATE Class Notation

Sep 27, 2021

Classification society DNV has introduced the new ABATE class notation, to assist the owners and operators of offshore floating installations to identify and implement measures to reduce greenhouse gas (GHG) emissions.The ABATE notation provides…

Harland & Wolff: Non-exec Chairman Steps Down

Sep 27, 2021

Harland & Wolff Group said Monday that Clive Richardson, Non-Executive Chairman of the company was stepping down from the Board. His notice period will run until mid-December 2021.Harland & Wolff Group said: 'The company remains involved in…

Offshore Wind: Siemens Gamesa’s Service Business Nets One of Largest Deals in Its History

Sep 27, 2021

Offshore wind turbine maker Siemens Gamesa has secured an extension of the original contract term for servicing the 714 MW East Anglia ONE wind farm in the UK.Siemens Gamesa said the contract, among the biggest in Siemens Gamesa’s Service business unit’s history…

CNOOC Seeks to Raise $5.4B to Fund Key Oil and Gas Projects

Sep 27, 2021

China's state-run offshore oil and gas major CNOOC Ltd said it plans to raise up to 35 billion yuan ($5.41 billion) in a new share issue on the Shanghai stock exchange to fund several key oil and gas projects.The domestic fund-raising plan came as U…

Repsol Extends Esvagt Corona Vessel Stay at Yme Field

Sep 27, 2021

Danish offshore vessel owner Esvagt said Monday that the Spanish oil firm Repsol had extended the contract for the Esvagt Corona standby/rescue vessel for an additional 18 months.The contract for standby services at Repsol's Yme field in the Norwegian North Sea now runs until the spring of 2023…

Petrofac to Plead Guilty in Bribery Case

Sep 24, 2021

Oilfield services giant Petrofac said Friday it had struck a plea agreement with the UK Serious Fraud Office (SFO) in relation to its investigation into the company's historical use of agents in the Middle East.Following requisition by the UK's Serious Fraud Office (SFO)…

Offshore Drilling Rigs Eyed for LNG Conversion

Sep 24, 2021

Aberdeen-based offshore rig inspection company ADC Energy has said it has won a contract with an unnamed U.S.-based LNG company to help it identify and select offshore drilling rigs suitable for conversion for LNG operations.According to ADC Energy…

DNV Launches Guidance on Wind Farm Design for Tropical Cyclone Areas

Sep 24, 2021

Classification society and energy industry consultancy DNV has published a new Technical Note (TN) providing principles for determining site extreme wind speeds for wind farms caused by tropical cyclones. The company produced the document after…

UK Competition Watchdog Launches Probe into Offshore Helicopter Deal

Sep 24, 2021

Offshore helicopter transportation company CHC on September 1 said it had completed the acquisition of Babcock International’s offshore oil and gas aviation business. Now, the UK competition watchdog Competition and Markets Authority has launched an inquiry to see whether the deal has resulted…

Louisiana Allowed to Join Case Over Offshore Drilling Auction

Sep 24, 2021

A federal judge in Washington, D.C., is allowing Louisiana to intervene in a lawsuit challenging an upcoming drilling lease auction, giving the staunch proponent of the federal oil and gas leasing program another chance to defend it in court…

BW Offshore's Barossa FPSO JV Gets Regulatory Approval

Sep 24, 2021

FPSO supplier BW Offshore has received regulatory approvals for the Joint Venture Partnership consisting of BW Offshore Limited, ICMK Offshore Investment Pte Ltd, and Macquarie Bank Limited for the Barossa FPSO project.As previously informed…

ExxonMobil Hires PGS for 3D Seismic Survey in Suriname

Sep 24, 2021

U.S. oil major ExxonMobil has awarded Norwegian offshore seismic data acquisition firm PGS a contract for a 3D survey offshore Suriname.PGS' 104.2 meters long Ramform Tethys seismic vessel is scheduled to start the acquisition during the fourth quarter of 2021…

ABS Awards AIP for Ned Project's Hydrogen-ready WTIV Design Aimed for U.S. Offshore Wind Market

Sep 24, 2021

Classification society American Bureau of Shipping (ABS) has granted its Approval in Principle (AIP) to Ned Project Inc. for its hydrogen-ready wind turbine installation vessel (WTIV) design.The NP20000X ULAM design is intended to be Jones Act…

Current News

North Sea Boulevard on Maasvlakte Reopens After TenneT Offshore Wind Cable Installation

North Sea Boulevard on Maasvla

Orsted Sells 55% Stake in Taiwan Offshore Wind Farm to Cathay

Orsted Sells 55% Stake in Taiw

Sperra Seaworks, Bardex to Advance Floating Construction Station for UK Offshore Wind

Sperra Seaworks, Bardex to Adv

Aphrodite Gas Field off Cyprus Advances as Partners Approve FEED Phase

Aphrodite Gas Field off Cyprus

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine