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Heerema's Thialf Removes Shell's Goldeneye Platform

Oct 04, 2021

Heerema Marine Contractors has removed Shell's Goldeneye wellhead platform in the North Sea.Using its heavy lift crane vessel Thialf, Heerema removed the 1280 metric ton topside and the 3019 metric ton jacket before transportation to the AF Environmental Base in Norway for recycling and reuse…

North Field Expansion: Qatar Petroleum Orders LNG Carrier Quartet in China

Oct 04, 2021

Qatar Petroleum has ordered four new LNG carriers from Hudong-Zhonghua Shipbuilding Group, a subsidiary of China's CSSC, as part of its North Field expansion project.'These four carriers are the first batch of orders in Qatar Petroleum’s massive LNG shipbuilding program…

Eni CEO, Ivory Coast President Discuss Future Plans for Giant Offshore Discovery

Oct 04, 2021

Ivory Coast President Alassane Ouattara and Eni CEO Claudio Descalzi met Friday to discuss the progress of Eni's activities in the country, following the giant offshore oil discovery of Baleine 1-X. As previously reported, Eni in September announced the major oil discovery in block CI-101…

ADNOC Drilling Shares Soar in Debut for Abu Dhabi's Largest IPO

Oct 04, 2021

ADNOC Drilling shares jumped more than 30% as the unit of Abu Dhabi oil giant ADNOC started trading on Sunday after its $1.1 billion initial public offering (IPO), the largest ever on the Abu Dhabi stock market.ADNOC Drilling, whose share offering attracted more than $34 billion in demand…

Net Zero Technology Centre's CEO to Join Technip Energies as Non-Exec Director

Oct 04, 2021

Engineering firm Technip Energies' board plans to nominate Colette Cohen for appointment as a non-executive director at the company’s 2022 Annual General Meeting of Shareholders.Colette Cohen OBE is the Chief Executive Officer for the Net Zero Technology Centre…

Petrofac Eyes Refinancing as It Faces $240M Bribery Fine

Oct 04, 2021

British oil services group Petrofac said it is looking at refinancing options including debt and fresh equity as it faces a possible $240 million fine from a London court.Petrofac decided to plead guilty to seven charges after a four-year Serious…

Expro, Frank's Merge

Oct 04, 2021

UK-based oilfield services firm Expro and Dutch-based drilling and completions solutions provider Frank’s International have completed the previously announced all-stock merger.The combined company has assumed the Expro Group Holdings name.'This…

CGG Completes Sale of GeoSoftware Business

Oct 04, 2021

French geophysical services company CGG has completed the sale of its GeoSoftware business to Topicus and Vela Software for $95 million in cash. The transaction was effective October 1, 2021.GeoSoftware product suite, among other things, helps…

'Catastrophic' California Offshore Oil Spill Kills Fish, Damages Wetlands

Oct 04, 2021

A large oil spill off the southern California coast left fish dead, birds mired in petroleum and wetlands contaminated, prompting local officials to call it an environmental catastrophe.The U.S. Coast Guard, heading a clean-up response involving federal…

LOOP Did Not Deliver Sour Crude from Storage in September

Oct 01, 2021

The Louisiana Offshore Oil Port (LOOP), the largest U.S. privately owned deepwater crude terminal, said on Friday it made no deliveries of sour crude from storage last month, following two storms that hit the U.S. Gulf Coast.The facility closed on August 28 ahead of Hurricane Ida…

5th Circ. Won't Reconsider Ruling on FLSA Exemption for Seamen

Oct 01, 2021

A U.S. appeals court on Thursday said workers who use cranes attached to boats to load equipment onto offshore oil rigs are not 'seamen' exempt from overtime pay under federal wage law, reviving a collective action against liftboat operator All Coast LLC…

Lithuania Accelerates Green Transition

Oct 01, 2021

Lithuania will bring forward its target for using only green power to 2035, 15 years earlier than currently planned, its energy minister said.The target for using at least 50% green power will be moved to 2025 from 2030, a move partly to get…

Prysmian Gets 'Go Ahead' for $232M U.S. Offshore Wind Cable Project

Oct 01, 2021

Subsea cable maker Prysmian has been granted a 'notice to proceed' for a contract valued at around 200 million euros (around $232 million) to supply a subsea power cable system for the Vineyard Wind 1 offshore wind farm in the U.S.The Vineyard Wind 1 offshore wind farm…

Korean Shipbuilders Get AiP for Barge-type LNG FSRU

Oct 01, 2021

Classification society DNV and the Liberian International Ship & Corporate Registry (LISCR) have granted an Approval in Principle (AiP) to South Korea's shipbuilders Hyundai Mipo Dockyard (HMD) and Korea Shipbuilding & Marine Engineering (KSOE) for a 40…

Petrofac Bribery Case Sentencing Delayed

Oct 01, 2021

The sentencing in a London court of British oil services group Petrofac over charges that it failed to prevent bribery in Iraq, Saudi Arabia, and the UAE has been postponed to Monday, a court spokesperson said in an email.Petrofac had said it…

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