Latest News - page 1358

 

Shell, Murphy Evacuate Offshore Workers Ahead of Storm in Gulf of Mexico

Jun 05, 2020

Royal Dutch Shell Plc and Murphy Oil Corp began evacuating non-essential workers from the U.S. Gulf of Mexico on Thursday because of the threat from Tropical Storm Cristobal.Shell said its production and drilling operations in the U.S.-regulated northern Gulf were unaffected despite the evacuations…

Premier Oil Agrees Deal with Creditor over Buying BP's North Sea Fields

Jun 05, 2020

Premier Oil will issue discounted shares to activist hedge fund ARCM representing 8.91% of the company to pay for North Sea assets from BP, which agreed to reduce the price, Premier said on Friday.ARCM, which owns around 15% of Premier's debt and has a large short position in its shares…

Subsea 7's HKZ Wind Farm Installation Deal Confirmed as FID Made

Jun 05, 2020

Offshore installation contractor Subsea 7 has confirmed the award of 'a substantial' contract by Vattenfall for the Hollandse Kust Zuid (HKZ) 1-4 offshore wind farm project in the Dutch North Sea.The two companies had in April signed a conditional…

World's Largest Offshore Wind Farm Gets Go-Ahead

Jun 05, 2020

Offshore wind developer Vattenfall has given the green light for the 1,500 MW offshore wind farm in the Dutch North Sea.The offshore wind farm, named, the Hollandse Kust Zuid 1-4, will be the largest of its kind worldwide, when fully operational in 2023…

Flooded Member Detection Using ROVs

Jun 04, 2020

VideoRay, a global leader in inspection-class ROVs, has implemented the new ISFMD Flooded Member Detection (FMD) system manufactured by Impact Subsea, a UK-based subsea technology company specializing in high-performance sensors, as an available…

Petrobras Must Rename Offshore Field Named After Ex-President

Jun 04, 2020

Brazilian federal court has ordered state-run oil company Petrobras SA to rename one of its biggest offshore oil fields currently named 'Lula', the special secretary of privatization at the Economy Ministry, Salim Mattar, said late on Wednesday…

AGS Wins More Work with Equinor

Jun 04, 2020

Norwegian seismic survey company Axxis Geo Solutions (AGS) has signed the final contract for the additional scope of work for Equinor in the North Sea.AGS early in May said it had reached a deal with Equinor to carry out an ocean bottom node survey for Equinor over a 30-day period…

Havyard Names New CFO

Jun 04, 2020

Norwegian shipbuilding and technology group Havyard will appoint Erik Høyvik as CFO in Havyard Group from August 1, 2020.Havyard, which designs and builds various types of vessels, including those used in the offshore energy industry, said its current CFO Pål Aurvåg…

All Borssele 1&2 Offshore Wind Farm Foundations in Place

Jun 04, 2020

Danish wind farm developer Ørsted and Belgium installation contractor DEME Offshore have completed the installation of the 94 foundations at the Borssele 1&2 offshore wind farm location in the Dutch North Sea.The foundations were installed by DEME’s installation vessel ‘Innovation’…

UK Turns Down Vattenfall's Offshore Wind Plan

Jun 04, 2020

The British government has turned down an application by Vattenfall to build an extension to its Thanet offshore wind farm, citing potential navigational risks.Vattenfall applied to build an offshore wind power station of up to 340 megawatts…

Singapore’s First LNG Bunkering Vessel Hits the Water

Jun 04, 2020

Singapore’s first LNG bunkering vessel has hit the water in Keppel Nantong Shipyard in China. The vessel was moved from land to water on May 28, 2020.The news was shared earlier this week by the vessel-owner FueLNG, a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum…

Ørsted Hires Fugro for Sunrise Wind Site Survey

Jun 04, 2020

Dutch offshore survey company Fugro has moved two vessels off the coast of New York to perform a large-scale site characterization program for Sunrise Wind offshore wind project.The project is being developed by Denmark's offshore wind developer Ørsted…

Petronas Completes First LNG Cargo Delivery to Myanmar

Jun 04, 2020

Malaysia's Petronas has delivered the first liquefied natural gas (LNG) import cargoes to Myanmar, the company said on Thursday, marking a new consumer for the super-chilled fuel.The state-owned company's subsidiary Petronas LNG delivered two LNG cargoes to Yangon…

KCA Deutag Appoints New President of Offshore Branch

Jun 04, 2020

Drilling and engineering company KCA Deutag has named Ole Maier its new President of Offshore Business Unit.Maier, who has most recently served as Executive Vice President for Odfjell Drilling's Platform Drilling Operations, has succeeded KCA Deutag's Rune Lorentzen who will be retiring…

U.S. Offshore Drillers Brace for Hurricane Season amid Pandemic

Jun 04, 2020

As oil and gas companies began shutting offshore production before the first tropical storm of the season in the U.S. Gulf of Mexico, experts said restarting wells and refineries will take longer and prove more costly this year because of COVID-19…

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