Industry News

 

IOG Renames UK North Sea Project

Aug 26, 2021

UK-based oil company IOG, focused on developing its Southern North Sea gas fields, has renamed its Core Project and the associated Thames infrastructure.IOG, which changed its own name from Independent Oil & Gas to IOG in April, has said that the Core Project would now be named Saturn Banks Project…

CNOOC Brings Another Bohai Sea Field Online

Aug 26, 2021

Chinese national offshore oil and gas company CNOOC has started production from its Bozhong 26-3 oil field expansion project in the south of Bohai Sea, The field is located in an area with an average water depth of around 21 meters. 'In addition to fully utilizing the existing processing facilities…

Brazil's Enauta in Exclusive Talks with Yinson for "New" Atlanta Field FPSO

Aug 26, 2021

Brazilian oil company Enauta said Thursday it has signed a Memorandum of Understanding (MoU) with Malaysia's FPSO specialist Yinson for direct and exclusive negotiation of FPSO supply contracts for the 'Definitive System' of the Atlanta field in the Santos Basin…

PSA Norway Issues Order to Dolphin Drilling after Regulatory Breaches Found on Rig

Aug 26, 2021

The Norwegian offshore oil and gas safety body Petroleum Safety Authority Norway has identified breaches of regulations aboard Dolphin Drilling's Borgland Dolphin drilling rig and has issued the rig owner with a notification of order.The PSA…

Transocean Wins Firm Contract for 8th Gen Ultra-deepwater Drillship

Aug 26, 2021

Deepwater drilling contractor Transocean has secured a $252 million firm contract at the Shenandoah field in the U.S. Gulf of Mexico for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee of $30 million…

Denmark, Costa Rica Call Countries to Set Oil Output Phaseout Date

Aug 26, 2021

Denmark and Costa Rica are trying to forge an alliance of countries willing to fix a date to phase out oil and gas production and to stop giving permits for new exploration, government ministers said and documents showed.Burning fossil fuels…

Indonesia Seizes Tanker Loaded with 'Stolen' Cambodian Crude

Aug 26, 2021

Indonesia's navy is preparing to charge the captain of a ship accused of loading oil illegally in Cambodia and anchoring in Indonesian waters without permission, according to local authorities and the vessel owner.Bahamas-flagged tanker MT Strovolos…

DEME Offshore's Jack-Up to Get Huisman Crane for Giant Next-gen Wind Turbines

Aug 26, 2021

Belgian offshore installation contractor DEME Offshore is set to upgrade the crane capacity on its DP2 jack-up installation vessel ‘Sea Installer’ from 900 tonnes to 1,600 tonnes. The crane, to be built by the Dutch crane manufacturer Huisman…

Gas Leak May Have Caused Offshore Platform Fire, Pemex CEO Says

Aug 26, 2021

A deadly weekend fire at an offshore platform in the southern Gulf of Mexico operated by Mexican state oil firm Petroleos Mexicanos (Pemex) could have been caused by a gas leak, Pemex's chief executive said on Wednesday.Five workers were killed…

TVO, DRT to Collaborate on 'Novel' Offshore Wind Support Structures

Aug 25, 2021

U.S. firm Trendsetter Vulcan Offshore (TVO) has signed a memorandum of understanding (MOU) with Deep Reach Technology (DRT) to work on the development of what TVO said would be 'novel support structures for large offshore wind turbines.''TVO…

BW Energy Finds Oil Offshore Gabon

Aug 25, 2021

Oil and gas firm BW Energy has made an oil find in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block, offshore Gabon, but the size estimate will have to wait until the drilling has been completed.The well is located approximately…

Talos Energy, Carbonvert JV Wins Rights to Manage Carbon Storage Site Offshore Texas

Aug 25, 2021

U.S. oil and gas company Talos Energy, focused on oil and gas assets in the Gulf of Mexico, said Wednesday it was, with its partner Carbonvert, the sole winning bidder for the Texas General Land Office's ('GLO') Jefferson County, Texas carbon storage site located near Beaumont and Port Arthur…

Aker BP Taps Techouse for Valhall Sulfate Removal

Aug 25, 2021

Stavanger-based company Techouse has secured a contract with the Norwegian oil firm Aker BP to perform the front-end engineering and design extension study for the Sulfate Removal Unit (SRU) for the Valhall IP platform in the Norwegian part of the North Sea…

Huisman Scales Up Production Capacity to Meet Demand from Offshore Wind Sector

Aug 25, 2021

Dutch marine equipment maker Huisman, known for its offshore crane solutions, said Wednesday it had doubled the slew bearing production capacity of its facility in Schiedam, the Netherlands. 'With this significant increase in production capacity…

Cost Reduction, Optimization: DNV Updates Floating Wind Turbine Standard

Aug 25, 2021

DNV has said it has updated its DNV-ST-0119 standard for floating wind turbine structures, to include 'numerous technical improvements' that allow the industry to further optimize floating wind turbine structures while maintaining a sufficient level of safety…

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