Offshore Engineer Industry News News - page 5

 

Equinor Taps Heerema for U.S. Offshore Wind Work

May 09, 2022

Norwegian energy company Equinor has on behalf of its U.S. offshore wind joint venture with BP,  selected Dutch offshore installation firm Heerema Marine Contractors as a strategic supplier to develop the Empire Wind and Beacon Wind projects…

Equatorial Guinea Extends Offshore Block G PSC until Dec. 2040

May 09, 2022

The government of Equatorial Guinea has granted an extension of the Production Sharing Contract ('PSC') for the offshore Block G until December 31, 2040, covering both the producing Ceiba and Okume Complex Fields, Panoro Energy, a partner in the project…

Energean Makes Commercial Gas Discovery Offshore Israel

May 09, 2022

Oil and gas company Energean has made a commercial gas discovery offshore Israel using Stena Drilling's Stena IceMAX drillship.The company said Monday that the discovery was made at the Athena exploration well, Block 12, in the A, B and C sands…

Western Gas: Equipment Mobilization Starts ahead of Sasanof-1 Drilling Kick-off

May 06, 2022

Australian oil and gas company Western Gas, gearing up to start drilling at its promising Sasanof-1 prospect off W. Australia, has said that the mobilization of equipment to the Valaris MS-1 semisubmersible drilling rig has now started in preparation…

Germany to Help Eastern EU States Without Ports Access LNG - Scholz

May 06, 2022

Germany will show solidarity with European Union countries seeking alternatives to Russian gas and oil, for example helping eastern states without ports in the North or Baltic Seas access liquefied natural gas (LNG), Chancellor Olaf Scholz said on Thursday…

Perenco Declares Force Majeure after Oil Terminal Leak in Gabon

May 06, 2022

Anglo-French oil company Perenco has declared force majeure for 150 days following a leak at its Cap Lopez oil terminal in Gabon last week, a company spokesperson said on Friday.Overall production shut down is estimated at 50,000 barrels of oil per day…

Petronas Books JDC Semi-sub for Up to Ten Wells Offshore Sarawak

May 06, 2022

Japanese offshore drilling company Japan Drilling Co., Ltd. (JDC)  has secured a contract for its Hakuryu-5 semi-submersible drilling rig in Malaysia.The offshore drilling contract, with Petronas Carigali, was secured through its agent in Malaysia…

Marubeni Cuts Exposure to Russia by Writing Down Sakhalin-1 Stake

May 06, 2022

Japanese trading house Marubeni Corp said on Friday it had cut its exposure to Russia by 12.6 billion yen ($97 million) in the year just ended, mainly by writing down its stake in the country's Sakhalin-1 oil project.Its net exposure to Russia…

Marco Polo Marine Wraps Buy of Taiwan-based PKR Offshore

May 06, 2022

Singapore-listed offshore services provider Marco Polo Marine has completed the acquisition of the offshore renewables service firm PKR Offshore.Marco Polo bought the Taiwan-based company through its 49% owned joint venture company, Oceanic Crown Offshore Marine Services Ltd…

Irish Port Eyes Offshore Wind Opportunities. Taps Bechtel for Assistance

May 06, 2022

Shannon Foynes Port Company has selected Bechtel to update its Vision 2041 master plan to accommodate offshore and onshore investment within and near its harbor in Ireland. Bechtel will support the company in considering how to deliver significant growth and expansion of the port…

Standard ETC Buys 25% Stake in Dolphin Drilling

May 06, 2022

Standard ETC, an Oslo-listed company previously known as Standard Drilling, has acquired 25% in offshore drilling operator Dolphin Drilling for USD 10 million through an equity issue.Martin Nes, Chairman of the Board of Directors of Standard…

Ocean Harvesting's Wave Energy Converter to Feature Buoy Made of High-strength Concrete

May 06, 2022

Sweden-based wave energy technology company Ocean Harvesting said Friday it was developing a novel concrete hull for the prime mover (buoy) of its InfinityWEC wave energy converter that is set to undergo sea trials later this year.According to the company…

Nigeria and Angola Responsible for Nearly Half of OPEC+ Oil Supply Gap

May 06, 2022

Almost half the shortfall in planned oil supply by OPEC and its allies is down to Nigeria and Angola, data seen by Reuters shows, reflecting a number of factors including moves by Western oil majors away from African projects.OPEC and its allies…

Contract Extension for DOF's 'Skandi Africa'

May 06, 2022

Norwegian subsea services DOF Subsea has won a contract extension for its Skandi Africa subsea construction vessel.The new commitment will now run until February 2024 and will start in direct continuation with the current contract. DOF Subsea did not say who the client was…

Brazil's Petrobras Reports $9B Profit as Bolsonaro Rails Against Company

May 06, 2022

Brazil's Petrobras posted a first-quarter net income that beat forecasts on Thursday, just minutes after Brazilian President Jair Bolsonaro railed against the state-run oil company's profitability, saying its executives had no sympathy for ordinary people…

Current News

Vantage Drilling's Q1 Loss Narrows. Sale of Jack-up Rig Trio to ADES to Close in Q2

Vantage Drilling's Q1 Loss Narrows. Sale of Jack-up Rig Trio to ADES to Close in Q2

DOF Wins $260M in AHTS, ROV Deals with Petrobras in Brazil

DOF Wins $260M in AHTS, ROV Deals with Petrobras in Brazil

CBED to Provide Accommodation Vessel for German North Sea Wind Farm Projects

CBED to Provide Accommodation Vessel for German North Sea Wind Farm Projects

Well Integrity and P&A: HydraWell and READ Agree to Merge

Well Integrity and P&A: HydraWell and READ Agree to Merge

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