Industry News

 

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…

Subsea 7 Clinches 'Substantial' EPCI Contract

Mar 15, 2022

Offshore engineering and construction company Subsea 7 said Tuesday it had won a substantial contract with an unnamed client.Subsea 7 defines a substantial contract as being between USD 150 million and USD 300 million (Subsea 7's share).The award…

Deployable from USV: Kongsberg Launches New AUV at Oceanology International

Mar 15, 2022

Norway's Kongsberg Maritime is presenting its HUGIN Edge medium-size autonomous underwater vehicle (AUV) at this week's Oceanology International event which started Tuesday in London.According to the company, based in Norway, the HUGIN Edge offers 'exceptional durability and reliability…

FAR Withdraws from Guinea Bissau. STAM Takeover Attempt Fails

Mar 15, 2022

Australian oil and gas company FAR Limited said Monday it would withdraw from its offshore blocks in Guinea Bissau after failed farm-out attempts. Separately, FAR said that STAM's takeover offer for FAR had closed, without the offer conditions being satisfied…

KCA Deutag to Help Equinor Cut Emissions, Energy Consumption at Cat J Jack-up Rigs

Mar 15, 2022

Oil and gas drilling and engineering firm KCA Deutag has secured a contract with Equinor to carry out an energy optimization project for two CAT J jack-up drilling rigs, the Askeladd and Askepott, in the Norwegian section of the North Sea. The project…

Energean Pens Gas Sales Deal with IEC, Israel's Largest Gas Buyer

Mar 15, 2022

Oil and gas company Energean, focused on bringing online the Karish gas field offshore Israel, said Monday it had signed a supply agreement with the Israel Electric Company, the largest Israeli buyer of natural gas.'IEC will now have the right to purchase natural gas from Energean’s fields…

Plymouth University, Kongsberg Digital Partner to 'Revolutionize' Floating Offshore Wind Ops

Mar 15, 2022

The University of Plymouth and Kongsberg Digital, a provider of software solutions to maritime, oil and gas, renewables, and utility sectors, have partnered up to create a new system they say could revolutionize the UK’s floating offshore wind sector…

French NGOs Plan to Sue TotalEnergies Unless It Leaves Russia

Mar 15, 2022

Two leading French NGOs plan to take legal action against TotalEnergies over possible human rights abuses unless it cuts its business ties with Russia following the country's invasion of Ukraine, they said in a letter to the energy major's CEO…

Thai PTTEP to Take Over Myanmar Offshore Gas Field Ops After TotalEnergies' Exit

Mar 15, 2022

Thai oil and gas giant PTT Exploration and Production Pcl said on Monday it would take over operations of the Yadana gas field in Myanmar from July following the exit of France's TotalEnergies.Oil majors Chevron and TotalEnergies in January…

Siem Offshore Loses Late Vessel Delivery Court Case Against Petrobras

Mar 14, 2022

Norwegian offshore support vessel owner Siem Offshore said Monday a Brazilian court had ruled in favor of Petrobras in a case related to a late vessel delivery in 2015.'Siem Offshore do Brasil has been notified of the final unfavorable decision…

UK PM Johnson Meets with UK Offshore Oil and Gas Industry Leaders

Mar 14, 2022

UK Prime Minister Boris Johnson hosted a meeting with leaders of the UK offshore oil and gas industry on Monday to discuss energy security and investment in the North Sea, his spokesman said.'We've been clear that the energy firms, these suppliers…

Empyrean Gets Rig Slot on NH9 Semi-sub to Drill 'World-class' Jade Prospect

Mar 14, 2022

Empyrean said Friday it had secured a rig slot for the use of the COSL NH9 semi-submersible drilling for the drilling of Empyrean's Jade offshore well offshore China. Empyrean has described the Jade prospect  as 'one of the most exciting wells to be drilled globally in 2022…

ABS Withdraws Class Services for Russian Vessels

Mar 14, 2022

The America Bureau of Shipping (ABS), one of the world's largest ship classification societies, is withdrawing all class services involving Russian vessels, assets and companies, over the Russian invasion of Ukraine.'After careful consideration…

Golden Energy Offshore Bags Term Deal for Warm-stacked PSV

Mar 14, 2022

Norwegian offshore vessel operator Golden Energy Offshore Services has secured a term contract for the Energy Scout platform supply vessel.According to the company, the reactivation process has started as the vessel has been in warm lay-up for 16 months…

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