Offshore Engineer Industry News News - page 610

 

International Public Tender for High Resolution Surveys

May 14, 2020

Israel Natural Gas Lines Ltd. (the 'Company'), an Israeli fully owned governmental company, hereby invites Israeli and non-Israeli bidders to submit Bids for the performance of Surveys of its Offshore Line Gas Transmission System (the 'Tender')…

'We Won't Just Weather the Crisis, We'll Come Out Stronger,' SBM Offshore CEO Says

May 14, 2020

SBM Offshore, one of the world's largest FPSO solutions providers, on Wednesday slightly reduced 2020 guidance due to uncertainty caused by the COVID-19 pandemic and the low oil price environment, but the CEO is optimistic the company will not just weather the storm…

Seadrill: West Polaris Drillship Contract Cut Short

May 14, 2020

Offshore drilling firm Seadrill Partners has said it has received a notice of termination for the 2008-built West Polaris drillship contract.'As a result, the contract is expected to conclude in early November 2020, and the backlog is expected to decrease by approximately $23 million…

Three Firms Compete for Dorado FPSO FEED. WHP Shortlist 'Soon'

May 14, 2020

Australian oil and gas company Santos, with its partner Carnarvon, is progressing works on the development of the Dorado oil field off W. Australia, with pre-FEED contracts for the FPSO awarded to three 'world-class' contractors. The final investment decision date however…

New JV to Explore Floating Wind Farm Development in South Africa

May 14, 2020

Swedish floating windfarm developer Hexicon has teamed up with South African wind developer Genesis Eco-Energy Developments to explore the development of offshore wind in the country.For this purpose, two companies have established a joint venture company GenesisHexicon…

MRE to Support SeaMade Offshore Wind Farm Turbine Commissioning

May 14, 2020

Manor Renewable Energy (MRE) has signed a contract with Siemens Gamesa Renewable Energy for the SeaMade Offshore Wind Farm, under which MRE will provide temporary power provision during the turbine commissioning phase.Located in the North Sea…

Belgium: Northwester 2 Offshore Wind Farm Complete

May 14, 2020

The 219 MW Northwester 2 wind farm has been completed and is now supplying the Belgian grid electricity by all of its 23 fully operational wind turbines producing 9,5 MW each. This wind farm, owned by Parkwind (70%) and Sumitomo (30%) is the first to use the MHI Vestas V164-9…

Shelf Drilling Posts $185M 1Q Loss. Cuts Headcount, Exec Pay

May 14, 2020

Shelf Drilling, one of the world's largest jack-up rig contractors has reduced headcount and executive compensations, as a response to a dire situation in the offshore drilling market caused by low oil prices and the Covid-19 pandemic.The company on Wednesday posted a $184…

Awilco Drilling Posts 'Nil' in 1Q Revenue. In Talks for Newbuilds Funding, Deployment

May 13, 2020

Oslo-listed offshore drilling contractor Awilco Drilling did not generate revenue during the first quarter of 2020, and it on Wednesday reported a net loss of $9,4 million. However, the company is optimistic about the future, that is, when its high-end rigs…

Japanese Bank Puts Oil Sands, Arctic Drilling on 'Restricted' List

May 13, 2020

Mitsubishi UFJ Financial Group said on Wednesday it has put oil sands extraction and drilling for crude oil and gas in the Arctic on its 'restricted transaction' list, potentially a further tightening on financing fossil fuels by Japanese banks…

Premier Oil Shelves $1.8B Falkland Islands Offshore Project

May 13, 2020

UK-based oil and gas operator Premier Oil has said it has suspended the Sea Lion-1 oil project offshore the Falkland Islands.The company said the $1.8 billion offshore oil project would be suspended to minimize ongoing spend in light of the current market conditions…

MacGregor's Gangways and Cranes for Edda Wind SOVs

May 13, 2020

Cargotec's MacGregor has secured orders to equip Edda Wind's new offshore wind service vessels, ordered from Spanish shipyards.Two of the equipment packages were awarded by the shipbuilder Astilleros Gondán in Asturias for Edda Wind's Commissioning Service Operation Vessels (CSOV)…

Work Partially Resumes at Moray East OWF after Covid-19 Demobilization

May 13, 2020

Work has partially resumed on the Moray East Offshore Windfarm project in Scotland following the demobilization of the project’s onshore sites announced in March due to the Covid-19 pandemic.Following the updated guidance from the Scottish Government…

O&M Base Selected for World's Largest Offshore Wind Project

May 13, 2020

The Port of Tyne will serve as a new Operations and Maintenance (O&M) Base for the world's largest offshore wind farm, the Dogger Bank in the UK.This was announced Wednesday by Equinor and SSE Renewables, the two companies behind the development of the offshore wind farm…

Chartwell, BAR Working on Next-Gen Offshore Crew Transfer Vessels

May 13, 2020

Vessel designer Chartwell Marine has partnered up with naval architects BAR Technologies, to support in the delivery of what it says will be the next generation of offshore wind crew transfer vessels (CTVs).'The partnership will drive forward…

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