Latest News - page 1403

 

Noble Corp: New Rig Deals in UK, Extensions in Qatar and Suriname, Cancellation in Vietnam

Jul 10, 2020

Offshore drilling company Noble Corp. has secured contracts in the UK North Sea with CNOOC and Total, extensions for rigs in Qatar and Suriname, and a contract cancellation in Vietnam.In the UK, China's CNOOC has awarded a four-month contract for the Noble Sam Hartley jack-up rig…

Gibdock Repairs Shearwater Duo

Jul 10, 2020

Mediterranean shiprepair facility Gibdock reports it completed a two-vessel drydocking and maintenance and repair project for Shearwater GeoServices.The Gibraltar-based repair and conversion specialist worked on the seismic research vessels Oceanic Sirius…

Hermitage Offshore Services Gets a Short Breather from Creditors

Jul 10, 2020

New York-listed offshore vessel owner Hermitage Offshore Services, hit by low oil prices and COVID-19, has executed a forbearance agreement with lenders.Under the agreement, the lenders of its $132.9 M loan DNB Bank and Skanidaviska Enskilda…

Norway-linked Firms Might Bid for Petrobras' Golfinho Field Offshore Brazil

Jul 10, 2020

Norway's BW Offshore Ltd and DBO Energy are among the firms mulling a bid for Petrobras' Golfinho oilfield cluster, two sources said, as Brazil's state-run oil company seeks to re-spark its asset sale program in the wake of this year's crude price crash…

Spain's Greenalia Joins World Forum Offshore Wind

Jul 10, 2020

Greenalia, a Spanish company working to develop a floating offshore wind farm in the Canary Islands, has joined WFO (World Forum Offshore Wind), The first worldwide association with an exclusive focus on promoting offshore wind energy internationally…

China's MingYang Launches 11MW Offshore Wind Turbine

Jul 10, 2020

China's MingYang has this week launched the MySE11-203, dubbed the world's biggest hybrid drive wind turbine, of the nameplate capacity of 11 MW.Per MingYang, the turbine features a rotor diameter of 203 meters and has a 31% higher annual energy production than its predecessor…

IEA Bumps Up 2020 Oil Demand Forecast

Jul 10, 2020

The International Energy Agency (IEA) bumped up its 2020 oil demand forecast on Friday but warned that the spread of COVID-19 posed a risk to the outlook.The Paris-based IEA raised its forecast to 92.1 million barrels per day (bpd), up 400,000 bpd from its outlook last month…

PGS Completes Viking Graben Survey with 'Widest' Source Separation

Jul 10, 2020

Norwegian seismic company PGS has said it has completed its second successful GeoStreamer X seismic survey in the Viking Graben, in the North Sea, off Norway, using its Ramform Vanguard vessel, and breaking some records in the process.Gunhild Myhr…

Australian Offshore Safety Regulator to Resume Physical Inspections

Jul 10, 2020

NOPSEMA, the Australian offshore oil and gas safety regulator, plans to resume physical inspections on offshore oil and gas facilities 'in line with appropriate protocols to manage health risks associated with COVID-19.''While NOPSEMA’s inspections have continued throughout the pandemic…

UK Firm Offers to Test Offshore Rig Surfaces for COVID-19

Jul 10, 2020

UK-based consultancy and quality assurance company Intertek has launched a service aimed at testing surfaces on offshore rigs and platforms for the presence of COVID-19.Intertek has said that initial studies have shown that the virus that causes…

Side-track Well Planned at Neptune's Dugong Discovery

Jul 10, 2020

Neptune Energy last week made a hydrocarbon discovery at its Dugong well in the Norwegian sector of the North Sea.The company at the time said the results were preliminary and that a decision might be made to drill a side-track to further define the extent of the discovery…

Petrobras Sells Three Shallow Water Fields in Potiguar Basin, Brazil

Jul 10, 2020

Brazil's Petrobras has said it has signed an agreement to sell its entire stake in three offshore oil fields in Potiguar Basin to Ouro Preto for $1.5 million.The fields in question are the Pescada, Arabaiana, and Dentão fields located in shallow waters of the Potiguar Basin (Pescada Cluster)…

SLPE to Design Hollandse Kust Noord OWF Substation Jacket

Jul 10, 2020

Sea and Land Project Engineering (SLPE) has won a contract to provide the detailed design of the Hollandse Kust Noord offshore transformer station jacket and foundations. The Hollandse Kust Noord is an offshore wind farm planned to be located in the Dutch North Sea…

Eni Hires Polarcus for Asia Pacific Survey

Jul 10, 2020

Polarcus has won a contract with Eni for a survey in the Asia Pacific.The Oslo-listed marine seismic services provider said the contract was for an expected minimum duration of one month.'The project is scheduled to commence in Q1 2021, subject to relevant approvals…

Wave of N. American Oil and Gas Bankruptcies to Continue at $40 Oil

Jul 09, 2020

A wave of oil and gas bankruptcies in North America is likely to continue this year as oil prices remain depressed and a new surge of COVID-19 cases threaten to stall any recovery in fuel demand, law firm Haynes and Boone said in a report released this week…

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