Latest News - page 1322

 

Zenith Applies for New 25-year License for Offshore Congo Field

Jul 20, 2020

London-listed Zenith Energy has applied for an extension of the Tilapia license term in the Republic of the Congo, which expired on July 18, 2020.Zenith's subsidiary in Congo, AAOG Congo continues to operate the Tilapia oilfield on an interim…

Chevron to Buy Noble Energy for $5 Billion

Jul 20, 2020

U.S. oil major Chevron has agreed to buy Noble Energy, in an all-stock transaction valued at $5 billion, or $10.38 per share. Based on Chevron’s closing price on July 17, 2020 and under the terms of the agreement, Noble Energy shareholders will receive 0…

Gallery: Heerema's Sleipnir Breaks Offshore Jacket Removal Record

Jul 20, 2020

Heerema Marine Contractors' giant heavy-lift vessel Sleipnir has broken a record for the largest single lift jacket removal. HMC said Monday that the record was broken in the Norwegian North Sea, where Sleipnir removed the 8100-tonne Jotun-B jacket for client Vår Energi…

Swire Blue Ocean to Install Seagreen Offshore Wind Farm Turbines

Jul 20, 2020

Offshore renewables services firm Swire Blue Ocean (SBO) will transport and install win turbines for the giant Seagreen wind farm offshore Scotland.Under the contract signed with wind turbine maker MHI Vestas Offshore Wind, SBO will transport and install 114 MHI Vestas Offshore Wind wind turbines…

CNOOC's Offshore Field in Liaodong Bay Starts Oil Production

Jul 20, 2020

Chinese oil company CNOOC has started production from its Luda 21-2/16-3 offshore development in China.The Luda 21-2/16-3 project is located in Liaodong Bay of Bohai Sea, about 39 kilometers north of Luda 10-1 oilfield and 90 kilometers northwest of Suizhong 36-1 onshore terminal…

Providence, SpotOn Working to Finalize Barryroe Farm-out

Jul 20, 2020

Ireland-based oil and gas company Providence Resources has said it is progressing farm-out talks with SpotOn Energy over its offshore block containing the Barryroe discovery.London-listed Providence said Monday that SpotOn Energy had confirmed…

COVID-19 Cuts New Drilling Offshore Norway Around 40%

Jul 20, 2020

Oil firms are expected to drill about 40% fewer exploration wells off Norway in 2020 than originally planned because of the impact of the COVID-19 pandemic, the industry regulator said on Friday.The Norwegian Petroleum Directorate (NPD) also…

Fugro Starts Geotechnical Works at Vattenfall's UK Offshore Wind Farm Sites

Jul 20, 2020

Dutch offshore services provider Fugro has started a marine site characterization campaign for Swedish wind developer Vattenfall at two major offshore wind development sites located over 40 km off the coast of Norfolk, UK.'The resulting Geo…

Maersk Drilling Wins More Jack-Up Rig Work with Aker BP

Jul 20, 2020

Denmark-based offshore drilling company Maersk Drilling has secured an additional one-well contract from Aker BP for its jack-up rig Maersk Integrator. In direct continuation of its current work scope, the rig - which Maersk Drilling says is…

Premier Oil Signs Deal to Buy BP's North Sea Assets at Discount

Jul 20, 2020

UK-based oil company Premier Oil has signed a sale and purchase agreements (“SPAs”) with BP for the acquisition of BP’s interests in the Andrew Area and its Shearwater assets, under revised terms announced in June.The two companies had in January…

OWC Opens Office in Poland to Support Offshore Wind Growth

Jul 20, 2020

Offshore wind consultancy OWC has set up an office in Poland to support offshore wind developments in the Baltic Sea. Lukasz Sikorski has been appointed manager of the office.'Offshore wind is growing fast globally and the recent sudden drop…

Total Secures $14.9B Loan for Mozambique Gas Development

Jul 20, 2020

French oil major Total has signed a $14.9 billion senior debt financing agreement for its massive liquefied natural gas (LNG) project in Mozambique, the biggest project financing ever in Africa, it said on Friday.The project includes the development…

Shipments Resume from Pemex FPSO After Collision

Jul 19, 2020

An oil production and storage vessel operated by Mexican state oil firm Pemex in the Gulf of Mexico has resumed crude shipments after a tanker collision halted exports earlier this month, according to a person with knowledge of the matter and data from Refinitiv Eikon…

VOS Contracts Three Vessels with Total

Jul 17, 2020

Vroon Offshore Services (VOS) Aberdeen has secured contracts with Total E&P UK Ltd. for three emergency response and rescue vessels (ERRV) in the U.K. North Sea.The vessels VOS Enterprise, VOS Prospector, and VOS Vigilant will support Total’s North Sea operations in the Dunbar…

USA: Orsted-bound Windserve Odyssey CTV Hits the Water

Jul 17, 2020

WindServe Marine's offshore wind crew transfer vessel Windserve Odyssey, built by its sister company Senesco Marine, is embarking upon sea trials on the U.S. East Coast.The news of the vessel launch was shared Thursday by the world's largest offshore wind developer Orsted…

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