Offshore Engineer Industry News News - page 170

 

Trillion Energy Spuds Bayhanli-2 Well at SASB Offshore Gas Field in Turkey

Apr 11, 2023

Trillion Energy International, an oil and gas firm focused on the Turkish section of the Black Sea, said Tuesday it had started drilling the Bayhanli-2 well at the SASB offshore gas field.Bayhanli-2 is the fifth gas well in the company's multi-well drilling program at the SASB gas field development…

DOF Secures 3-year Contract for Skandi Vega AHTS

Apr 11, 2023

Norway-based offshore vessel owner DOF has secured a three-year contract for its anchor handling tug supply vessel (AHTS) Skandi Vega with the current charterer Equinor.The contract, which includes two one-year options, will start in direct continuation of the current contract…

CIMC Raffles Delivers China's First Semi-submersible Floating Solar Power Platform

Apr 11, 2023

China's CIMC Raffles, best known to Offshore Engineer readers for its offshore drilling rig construction project, has recently launched and delivered China's first semi-submersible offshore floating solar power platform.According to CIMC, the…

Kazakhstan Takes Oil Majors to Arbitration Over Costs

Apr 11, 2023

Kazakhstan has started arbitration proceedings against companies developing its Kashagan and Karachaganak oilfields over $13 billion and $3.5 billion, respectively, in costs deducted as part of profit-sharing deals, its energy minister said on Tuesday…

Harbour Energy, BP to Develop Viking CCS Project. FID Expected in 2024

Apr 11, 2023

UK-based oil and gas company Harbour Energy and oil major BP on Monday said they had agreed to develop the Viking CCS transportation and storage project in the UK.Harbour continues as operator of Viking CCS with a 60%, with BP acquiring a 40% non-operated share…

Oil Price Levels Off

Apr 10, 2023

Oil steadied on Monday, after rising for three straight weeks, as looming supply cuts from Saudi Arabia and other OPEC+ producers balanced concern about weakening global growth that may dampen fuel demand.Last week crude jumped more than 6% after OPEC+…

Malaysia Defends Its Energy Ops in the South China Sea

Apr 10, 2023

Malaysia said on Saturday it was firmly committed to protecting its sovereign rights and interests in the South China Sea after China expressed concern about Malaysian energy projects in a part of the sea that China also claims.Malaysian Prime…

Historic Offshore Worker Strike in UK North Sea to Bring Dozens of Platforms to Standstill, Unite Says

Apr 07, 2023

UK-based workers' union Unite said on Friday said that an 'unprecedented 48-hour major stoppage' would hit the offshore oil sector later this month, with 1350 offshore workers predicted to bring dozens of platforms to a ‘standstill.’The trade…

Airbus Wins Largest Single Order for H160 Helicopters from China's GDAT

Apr 07, 2023

Airbus Helicopters said Friday it had signed a contract with China-based helicopter lessor and operator with GDAT for 50 H160 helicopters. The helicopters will be used notably for the energy sector, including offshore transportation for oil and gas platforms…

First Jones Act-compliant Offshore Wind Farm SOV Hits Halfway Mark

Apr 07, 2023

U.S. offshore shipbuilder and shipowner Edison Chouest this week marked the 50-percent completion milestone for the U.S.-flagged ECO Edison, the first Jones Act-compliant wind farm SOV. Senior executives from offshore wind developers Ørsted…

Baker Hughes Completes Acquisition of Well Intervention Specialist Altus Intervention

Apr 07, 2023

Oilfield services giant Baker Hughes said this week it had completed the acquisition of Norway-based well intervention specialist Altus Intervention.'Today, we are pleased to announce the completion of the Altus Intervention acquisition. This…

SMJ Acquires 50% Stake in Petronas' Block Offshore Sabah

Apr 07, 2023

SMJ, a company owned by the Sabah State Government, has signed an agreement with Petronas Carigali for the acquisition of  Petronas' 50% non-operating stake in the Samarang production sharing contract (PSC).Petronas Carigali will continue to be the operator of Samarang PSC…

Fabrication of J-tube Frames Starts for Moray West Offshore Wind Farm

Apr 07, 2023

Global Energy Group's (GEG) North Fabrication division has started fabrication of two J-tube frames for the 882MW Moray West offshore wind farm, with a steel cutting at the Port of Nigg, Scotland.The completed J-tube frames will be attached…

Swedish Prosecutor Believes State Actor Behind Nord Stream Pipeline Blasts

Apr 07, 2023

A state actor's involvement in the blast of the Nord Stream pipelines last year is the 'absolute main scenario', though confirming identity will prove difficult, the Swedish prosecutor investigating the attack said on Thursday.In September 2022…

Diamond Offshore's Ocean GreatWhite Rig Kicks Off Five-well Drilling Campaign for BP

Apr 07, 2023

Offshore drilling contractor Diamond Offshore said Thursday that its Ocean GreatWhite semi-submersible drilling rig had kicked off its five-well drilling campaign for BP West of Shetland.'This marks an important milestone for this harsh-environment…

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