Latest News - page 1049

 

Oil Search Says Merger with Santos Crucial to Growth Plans

Aug 24, 2021

Oil Search Ltd will need billions of dollars to fund its growth plans, and tying up with Santos Ltd to create a A$20 billion ($14 billion) company will give it the access to capital that it needs, its boss said on Tuesday.Oil Search agreed to…

Maersk Supply Service Nets One-year Vessel Charter Extension in Angola

Aug 24, 2021

Danish offshore vessel operator Maersk Supply Service has secured a one-year contract extension for one of its subsea support vessels in Angola.In a social media post on Monday, Maersk Supply Service said it would provide the full scope IRM services for an undisclosed oil major in Angola…

Xodus, BSG Launch Project in U.S. to Bring Offshore Wind Jobs to Underrepresented Groups

Aug 24, 2021

UK-based energy consultancy Xodus is teaming up with Browning the Green Space (BGS) coalition to create a workforce program aiming to increase the participation of underrepresented populations in the offshore wind industry across Massachusetts…

Seismic Firms Team Up for Offshore Wind, Carbon Capture Projects

Aug 24, 2021

Magseis Renewables, a renewables-focused subsidiary of the Norwegian offshore oil and gas seismic acquisition contractor Magseis Fairfield, has entered two technology pilot projects for carbon capture and storage (CCS) and offshore wind in collaboration with the Norwegian seismic data company TGS…

Offshore Worker Injured During Lifeboat Winch Load Testing at Hebron Platform

Aug 24, 2021

An offshore worker got injured last Friday on the Avalon Sea offshore support vessel while supporting operations on ExxonMobil's Hebron platform in the Atlantic Ocean, offshore Canada.He was injured while supporting activities associated with lifeboat winch load testing on the Hebron Platform…

BHP at Risk of Credit Rating Downgrade on Oil Business Sale

Aug 24, 2021

BHP Group is at risk of a two-notch downgrade that would provoke its lowest ever credit rating as the sale of its petroleum business raises the miner's dependence on its major business of iron ore, S&P Global said on Tuesday.BHP has agreed to…

U.S. Oil Firms to Require from Workers to Get Vaccinated

Aug 24, 2021

U.S. energy companies are moving to require that employees receive COVID-19 vaccinations as infection rates rise across the United States and health surveys show that energy workers remain among those most reluctant to get inoculations.Calls…

Brazil: Petrobras Starts Production from FPSO Carioca in Sepia Field

Aug 24, 2021

Brazilian oil firm Petrobras said Monday it had started producing oil and gas from the FPSO Carioca, the first FPSO in the Sépia field, located in the Santos Basin pre-salt, offshore Brazil.The Carioca FPSO is located around 200 km off the coast of the state of Rio de Janeiro…

Five Dead, Six Injured in Pemex Offshore Platform Fire

Aug 24, 2021

Five workers were killed and six injured in Sunday's fire on an offshore platform in the southern Gulf of Mexico operated by Petroleos Mexicanos (Pemex) that cut about a quarter of Mexico's oil production, the company said on Monday.The fire…

NOV to Design and Equip Cadeler's New WTIVs

Aug 23, 2021

NOV announced it has signed a contract to design and equip two wind turbine installation vessel (WTIV) newbuilds for Denmark-based Cadeler. The new vessels will have the largest jacking capacity in the industry and will be able to transport…

ADNOC Signs $1B Worth of Engineering Services Deals with Several Suppliers

Aug 23, 2021

The Abu Dhabi National Oil Company (ADNOC) said Monday it had signed framework agreements worth up to $1 billion for Concept and Front-End Engineering Design (FEED) services for major projects across its full value chain.The framework agreements…

CNOOC's Luda 6-2 Offshore Oil Field Starts Production

Aug 23, 2021

China's state-run offshore oil and gas explorer and producer CNOOC said Monday it had started production from its Luda 6-2 oil field ahead of schedule.Luda 6-2 oilfield is located in Liaodong Bay of Bohai Sea, with an average water depth of about 30 meters…

DOF Subsea Secures Work on Several Offshore Campaigns in Asia Pacific

Aug 23, 2021

Norwegian subsea support vessel operator said DOF Subsea said Monday it had won several contracts awards in the Asia Pacific region.According to DOF Subsea, the contracts provide 'significant' utilization for resources and vessels in Q3 and…

RWE to Reorganize Renewables Business. RWE Renewables CEO Resigns

Aug 23, 2021

German renewables giant RWE has decided to reorganize its renewables businesses to better meet its growth targets in the area of renewable energies. It said Monday that Anja-Isabel Dotzenrath, RWE Renewables CEO, has opted to leave the company…

Nexans Extends 'Havila Phoenix' Charter, Rents Trencher

Aug 23, 2021

Offshore cable maker Nexans has extended the charter for Havila Shipping's Havila Phoenix subsea construction vessel.The extension is for a period of 100 days, with further options for 40 days. The contract will keep Havila Phoenix working for Nexans up to February 2022…

Current News

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Venterra Company, CAPE Holland

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

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