Latest News - page 1404

 

R&D: Robotics Advances Inside the ORCA Hub

Aug 26, 2020

Many of the more advanced mechanics of robotic systems are being developed as part of the Offshore Robotics for Certification of Assets (ORCA) Hub in Edinburgh. It’s a publicly funded project led by the Edinburgh Centre for Robotics (Heriot-Watt University and the University of Edinburgh)…

NOC on Effect: Jackup Rig Demand at the Mercy of National Oil Companies' Playbook

Aug 26, 2020

Over the past four months we have been flooded by news of just how badly the offshore rig market has been hit during the double whammy of the Corona pandemic and oil price fallout. We witnessed what seemed like a never-ending wave of contract…

Equinor Axing Jobs in US, Canada and UK

Aug 26, 2020

Norwegian oil and gas firm Equinor is set to cut jobs significantly in the United States, Canada and Britain to adjust to a fall in oil prices, a company spokesman said on Wednesday.The group plans to cut employee numbers in those countries…

Greenpeace Activists Blast Shell's Brent Decom Plan

Aug 26, 2020

Greenpeace activists have launched a protest near Shell's Brent Charlie platform north-east of the Shetland Islands, criticizing the oil giant's decommissioning plan for the Brent oil and gas field, the field that gave name to the crude oil…

Malaysia's Hibiscus Petroleum Eyes Acquisitions

Aug 26, 2020

Bursa Malaysia-listed oil and gas company Hibiscus Petroleum is looking to expand its asset portfolio through acquisitions of assets with strong production potential.Hibiscus, which owns offshore oil fields in Malaysia, Australia, and the UK North Sea…

Kongsberg's DP Digital Survey App Gets Bureau Veritas Approval

Aug 26, 2020

Norwegian maritime equipment and technology giant Kongsberg Maritime has received Approval in Principle from Bureau Veritas for its Dynamic Positioning Digital Survey (DPDS) application.Kongsberg says that its DPDS application digitizes all the data derived from the DP Annual tests…

Aker's Carbon Capture, Offshore Wind Spinoffs Shares Surge in Market Debut

Aug 26, 2020

Shares of Aker Carbon Capture and Aker Offshore Wind surged on their first day of trading in Oslo on Wednesday, delivering a boost to the Aker conglomerate's strategy of spinning off environment technology. Aker Solutions, controlled by Norwegian billionaire Kjell Inge Roekke…

PHOTO: First Topside Module Installed on Energean Power FPSO

Aug 26, 2020

First topside module was lifted and installed earlier this week on the Energean Power FPSO hull at Sembcorp Marine's Admiralty Yard in Singapore.Oil and gas company Energean said that the electrical house (E-house), which contains all the FPSO control equipment and electrical switchgear…

Encouraged by TPAO's Giant Gas Find, Trillion Energy to Drill Deeper at Black Sea Field

Aug 26, 2020

Black Sea-focused oil and gas company Trillion Energy has said it will drill deeper wells at its SASB gas field, encouraged by the recently announced giant deepwater gas find by the Turkish national oil and gas company TPAO, some 100 kilometers to the north…

Brent Nears 5-Month High as Hurricane Shuts 84% of Oil Output in Gulf of Mexico

Aug 26, 2020

Oil rose towards $46 a barrel on Wednesday, near the highest since March, lifted by U.S. producers shutting most of their offshore Gulf of Mexico output ahead of Hurricane Laura and a report showing a drop in U.S. crude inventories.Renewed worries over the COVID-19 pandemic…

RWE: All Triton Knoll Offshore Wind Turbine Foundations in Place

Aug 26, 2020

German energy company RWE has informed that it has completed the installation of all 90 turbine foundations and two 50-kilometer long export cables connecting offshore and onshore electrical systems at its Triton Knoll offshore wind farm site…

New Owners Take Over Polar King IMR Vessel

Aug 26, 2020

Oslo-listed offshore vessel owner GC Rieber Shipping said Tuesday it had delivered the Polar King inspection, maintenance, and repair vessel to its new owners.The delivery to new owners, who are yet to be named, comes following last week's announcement…

Petrobras Awards Fugro Three Long-Term ROV Contracts

Aug 26, 2020

Dutch offshore services company Fugro has won three long-term contracts by Petrobras to provide remotely operated vehicle (ROV) services for a variety of subsea activities in Brazil.'All three contracts are for 3-year firm periods with additional 1-year options…

USS Delivers Unmanned Surface Vessel to Tetra Tech

Aug 26, 2020

UK-based Unmanned Survey Solutions has delivered an Inception Class MKII semi-autonomous Unmanned Surface Vessel (USV) to consulting and engineering company Tetra Tech.According to USS, the Inception Class MKII USV is a sensor agnostic, semi…

Indonesian Regulators Approve Paus Biru Gas Field Plan

Aug 26, 2020

Indonesian oil and gas regulators have approved the plan of development of the Paus Biru offshore gas field in the East Java Basin.The field is located in the Medco-operated Sampang offshore block, in the Madura Strait,  off Madura Island, Indonesia…

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