Latest News - page 1102

 

Enauta Charters Solstad AHTS for Atlanta Field Support

May 11, 2021

Brazilian oil company Enauta has chartered an anchor handling tug and supply vessel from Norway's Solstad Offshore.Solstad Offshore said Tuesday it had struck a deal with Enauta for the charter of the 2006-built AHTS Normand Turmalina (previously known as BOS Turmalina)…

Venezuela Needs $58B to Bring Oil Output to 1998 Levels

May 11, 2021

Venezuelan state oil company PDVSA would need $58 billion in investment to revive its crude production to the levels of 1998 before ex-President Hugo Chavez came to power, equivalent to 3.4 million barrels per day (bpd), a document seen by Reuters shows…

Carnarvon: Buffalo Drilling Rig Tender Nears Completion. Spud Date Set for Q4

May 11, 2021

The tender process for an offshore drilling rig to be used for the drilling of Carnarvon Petroleum's and Advance Energy's Buffalo offshore well in the Timor Sea is nearing completion, and the spud date is scheduled for the fourth quarter of 2021…

Mexico: Judge Orders Freeze of New Oil and Gas Law

May 11, 2021

A Mexican judge has ordered a partial provisional suspension of new hydrocarbons legislation championed by President Andres Manuel Lopez Obrador that gave the state authority to revoke permits, a court document seen by Reuters showed on Monday…

Seadrill Partners Bags Four-Well Drilling Deal for Rig in Malaysia

May 11, 2021

Seadrill Partners, an offshore drilling contractor, has secured a four-well contract for its West Capella drillship in Malaysia with an unnamed client. The client will have an option to extend the contract for up to seven more wells. The contract's…

Schlumberger, NOV Working to Speed Up Adoption of Automated Drilling Solutions

May 11, 2021

Schlumberger and NOV, giant oilfield services and equipment companies, announced a partnership on Monday to help oil and gas producers and drilling contractors implement automated drilling technologies faster. Customers will be able to use Schlumberger…

Keppel Tells MHWirth to Resume Drilling Package Work after Suspension

May 10, 2021

Drilling equipment maker MHWirth has received a notice from Singapore's Keppel FELS to resume work under the order Keppel had suspended in December 2020.As reported back in December, Keppel had sent a notice to MHWirth to suspend work under the order for a drilling rig package signed in 2019…

Valaris JU-115 Jack-Up Rig to Stay Off Thailand Until Sept. 2022

May 10, 2021

Offshore drilling company Valaris, which last week emerged from bankruptcy, has won a contract extension for its Valaris JU-115 jack-up rig offshore Thailand.Valaris said Monday that the oil and gas company Mubadala Petroleum had extended the jack-up rig charter by around 240 days…

BP to Remain API Member after Climate Stance Shift

May 10, 2021

BP said on Monday it will remain a member of the American Petroleum Institute (API) after the largest U.S. oil and gas trade lobby group addressed some differences with the British energy company over climate change.BP, which plans to sharply…

TGS Starts 3D Survey in Brazil's Santos Basin

May 10, 2021

TGS, a Norwegian offshore seismic data provider, has begun collecting data on the Santos multi-client 3D Phase 4 survey off the coast of Brazil.The survey, which covers approximately 5,000 square kilometers and is situated in the western portion of the Santos Basin…

Former Pacific Drilling CEO Takes Helm at Diamond Offshore

May 10, 2021

Offshore drilling contractor Diamond Offshore Drilling, said Monday that Bernie G. Wolford Jr. has been named the company's President and Chief Executive Officer and will also serve on the Board of Directors. Wolford succeeds Marc Edwards, who retired from the Company as Chairman…

Eidesvik Offshore Finds Work for Veritas Viking Seismic Vessel

May 10, 2021

Norwegian offshore vessel operator Eidesvik Offshore has obtained a charter for its seismic vessel Veritas Viking.The charter for the Veritas Viking, according to the Oslo-listed company, is for 130 days, including transit. The contract is with an unnamed third-party operator…

Petrobras Orders Seventh FPSO for Buzios Field

May 10, 2021

Brazilian oil company Petrobras has ordered an FPSO from Singapore's Keppel Shipyard, in what will be the seventh FPSO unit installed in the Búzios field, in the Santos Basin.The FPSO, to be named P-78, will have a processing capacity of 180 thousand barrels of oil per day and 7…

Alfa Laval to Buy Weather Services Firm StormGeo

May 10, 2021

Swedish Alfa Laval has struck a deal to acquire weather intelligence and decision support services provider StormGeo.Alfa Lava, specializing in heat transfer, centrifugal separation, and fluid handling, said the acquisition would accelerate…

Solstad Offshore Sells Platform Supplier

May 10, 2021

Solstad Offshore's subsidiary Farstad Supply has sold its platform supply vessel Far Splendour.According to Solstad, the 74 meters-long vessel was delivered to the new owner on Monday, May 10, 2021.'The sale of the vessel will result in an immaterial accounting effect for Q2-2021…

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