Industry News

 

Serica Energy Restarts Production from North Sea Gas Field

Mar 17, 2022

UK-based oil and gas company Serica Energy has resumed production from its Rhum gas field in the UK North Sea, following a shutdown in February.As previously reported, Serica on February 28 said it had paused production from the Rhum gas field…

Harbour Energy's Post-merger Cashflow Rises to $678M

Mar 17, 2022

Harbour Energy, the British North Sea's biggest oil and gas producer, reported on Thursday free cash flow of $678 million for 2021 in its first full-year results after its merger with Premier Oil, up from a pro-forma $562 million in 2020.It forecast that…

Eneti's Seajacks Secures NW Europe Offshore Wind Charter

Mar 17, 2022

Seajacks UK Limited, a provider of installation and maintenance vessels to the offshore wind sector, and a subsidiary of Eneti, has secured a contract in NW Europe.Eneti said Tuesday that the contract was with a global original equipment manufacturer…

Saipem Nets $325M Offshore Drilling Deal with Aker BP

Mar 17, 2022

Norwegian oil and gas company Aker BP has awarded Italy's Saipem an offshore drilling contract worth $325 million.Saipem said Thursday the operations under the three-year contract, to be carried out by the Scarabeo 8 semi-submersible drilling rig…

Brazil's President Hints at Potential Replacement of Petrobras CEO

Mar 16, 2022

There is a possibility of replacing Petrobras' chief executive, Brazil's President Jair Bolsonaro said on Wednesday, adding further pressure to the state-run oil company's pricing policy.In an interview with regional TV channel, Bolsonaro said…

Repsol Uses Enhanced Drilling's Riserless Mud Recovery System at Yme Field

Mar 16, 2022

Norwegian offshore drilling technology company Enhanced Drilling said Wednesday that Spanish Repsol had signed up to use its RMR Riserless Mud Recovery system in the Norwegian part of the North Sea in a multi-well deal due to start in May 2022…

Portugal to Hold First Floating Offshore Wind Auction

Mar 16, 2022

Portugal plans to hold its first auction for floating offshore farms this summer, which it hopes will be able to produce between 3 and 4 gigawatts (GW) of power in 2026, Environment and Energy Transition minister Joao Matos Fernandes told Reuters…

Petrofac Can Compete for ADNOC Contracts Again, As Year-long, Bribery-related Suspension Lifted

Mar 16, 2022

Oilfield services giant Petrofac said Wednesday that Abu Dhabi National Oil Company (ADNOC) had lifted the suspension of the company imposed in March 2021.Abu Dhabi-based oil and gas giant ADNOC had suspended oilfield services firm Petrofac…

Tyra Offshore Accommodation Unit En Route to Denmark

Mar 16, 2022

Noreco, TotalEnergies' partner in the Tyra offshore field redevelopment, has announced the sail away of the new Tyra II utility and living quarters  unit (accommodation unit) from Ravenna, Italy, where it was built by Rosetti Marino.'The accommodation…

Acteon's Claxton to Acquire Oceaneering's Decommissioning Personnel and Assets

Mar 16, 2022

Claxton, a brand within Acteon’s drilling and decommissioning segment, has agreed to acquire decommissioning personnel and assets from Oceaneering.From the anticipated closure date of March 30, 2022, certain Oceaneering staff based in Norway will transfer to Claxton…

Olympic Orders Ampelmann Gangway for Olympic Orion CSOV

Mar 16, 2022

Dutch offshore gangway specialist Ampelmann has sold its first W-type gangway system to the Norway-based offshore shipping company Olympic Offshore Wind AS. The new system will be permanently fixed on the Olympic Orion in 2023 when the vessel…

Offshore Wind: Heerema to Install Baltic Eagle Offshore Substation

Mar 16, 2022

Dutch offshore installation firm Heerema Marine Contractors will transport and install the Offshore Substation (OSS) for Iberdrola's Baltic Eagle offshore wind farm in Germany.The Baltic Eagle wind farm site is located 30 kilometers northeast of Rügen island off the coast of Pomerania (Germany)…

Maersk Drilling Bags 150-Day Deal for Maersk Resolve Jack-up Rig

Mar 16, 2022

Danish offshore drilling company Maersk Drilling has won a contract that could employ its Maersk Resolve jack-up drilling rig with an undisclosed client in the UK sector of the North Sea for the majority of 2022.The contract is expected to start in April 2022…

Aker BP, ConocoPhillips Get Approvals for Overly, Peder Offshore Wells

Mar 15, 2022

PSA Norway, the Norwegian offshore oil and gas safety regulator, on Monday gave its approvals to Aker BP and ConocoPhillips for offshore drilling projects in the North Sea and the Norwegian Sea, respectively.Aker BP has obtained PSA Norway's…

Tidewater Inks Fleet Management Software Deal with Tero Marine

Mar 15, 2022

Offshore service vessels owner Tidewater has signed a partnership agreement with Tero Marine to provide consultancy services and the fleetwide implementation of Tero Marine’s TM Master fleet management software suite.The move is part of Tidewater's…

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