Latest News - page 1351

 

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…

Next U.S. Gulf of Mexico Lease Sale Planned for November

Jul 17, 2020

As part of its 2017-2022 offshore oil and gas leasing program, the U.S. administration plans to hold a 'region-wide' Gulf of Mexico lease sale in November 2020. The lease sale was originally expected to be held in August but due to the oil and gas market downturn…

Dayang Charters Perdana AWB and Anchor Handler

Jul 17, 2020

Malaysia's Perdana Petroleum has won a contract with Dayang Enterprise for the charter of and accommodation work barge and an anchor handling tug.Perdana said on Friday the contract had been awarded to its subsidiary Perdana Nautika.The contract value is estimated at RM6…

Maersk Drilling Upgrades Maersk Valiant Drillship

Jul 17, 2020

Danish offshore drilling company Maersk Drilling has recently upgraded its 2014-built Maersk Valiant ultra-deepwater drillship.While the Maersk Valiant was recently stacked offshore Port Fourchon the Managed Pressure Drilling  (MPD) system was…

COVID-19 Hits Indonesia's 1H 2020 Oil and Gas Liftings

Jul 17, 2020

Indonesia's oil and gas lifting in the first half of this year was lower than targeted as the coronavirus pandemic continued to dampen demand, the chairman of regulator SKK Migas said Friday.Oil lifting in January to June stood at 713,300 barrels per day (bpd) while gas lifting stood at 5…

Norway's Oil Output in June Drops More than Expected

Jul 17, 2020

Norway's June crude oil output fell more than expected from May while natural gas production rose less than expected, the Norwegian Petroleum Directorate said on Friday.Crude oil output fell 12% to 1.54 million barrels per day (bpd) which was 4…

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