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Magseis Fairfield in Mexico's First Deepwater OBN Survey

Mar 27, 2020

Offshore seismic data acquisition company Magseis Fairfield has secured a deepwater Ocean Bottom Node project offshore Mexico.According to Oslo-listed Magseis Fairfield, work is scheduled to start in the third quarter of 2020 and will take approximately 60 days…

Australia May Need LNG Imports from 2024

Mar 27, 2020

Australia will need to import liquefied natural gas (LNG) by 2024 for its southern states to avoid shortfalls unless more gas fields are developed locally and pipelines are expanded, the country's energy market operator said on Friday.Despite…

Kim Heng in Taiwan Offshore Wind JV

Mar 27, 2020

Singaporean offshore services provider Kim Heng Marine & Oilfield Pte has entered into a joint venture with a Taiwanese company to create Bridgewater Marine (Taiwan) Limited.Kim Heng Offshore & Marine, a parent company of Kim Heng Marine & Oilfield…

Sleipnir Completes Largest Ever LNG Bunkering

Mar 27, 2020

The world's most powerful semi-submersible crane vessel received the largest liquefied natural gas (LNG) bunkering ever completed.On Thursday, Titan LNG performed the bunkering of Heerema's Sleipnir, using the Coral Fraseri, Anthony Veder's LNG carrier in the Port of Rotterdam…

Vestas Scores More Offshore Wind Farm Work in Vietnam

Mar 27, 2020

Danish wind turbine maker Vestas has won an order to deliver V150-4.2 MW wind turbines to be installed in Vietnam's Mekong Delta and has also secured a 20-year service contract - the longest such contract in Vietnam for a wind turbine manufacturer…

Teekay in Ten-Year FPSO Contract with BP

Mar 27, 2020

Teekay Corporation has secured a ten-year contract for its 1996-built Petrojarl Foinaven FPSO with Britoil Limited, a BP subsidiary, at the Foinaven field west of the Shetland Islands in the UK.Under the terms of the contract, Teekay is expected…

Managing a Crisis: Covid-19 and the Threat to Critical National Infrastructure

Mar 27, 2020

In the midst of uncertainty and significant risk to people’s health, it is clear that the need for robust and accurate screening and testing of Covid-19 is needed now more than ever.The social and health implications of Covid-19 have already been well documented…

Valaris to Lose $620,000 a Day Rig Deal with Total after BOP Drop off Angola

Mar 27, 2020

Valaris, the world's largest offshore drilling company by fleet size, is set to lose one of the most lucrative contracts in the offshore drilling industry today after it recently accidentally dropped a blowout preventer stack to seabed offshore Angola…

KS Drilling Slapped with $24M Claim, Contract Termination after Rig Incident

Mar 27, 2020

Singapore-based drilling contractor KS Drilling has seen its offshore rig contract cancelled, and has been slapped by a $23,5 million claim after its drilling rig in February was involved in an incident offshore Indonesia.The Java Star jack…

Aoka Mizu FPSO Worker Tests Positive for COVID-19

Mar 27, 2020

Oil and gas firm Hurricane Energy has confirmed that a crew member on the Aoka Mizu FPSO off the UK has tested positive for COVID-19.Hurricane said Friday that the worker 'has been evacuated to the mainland for medical reasons and subsequently tested positive for COVID-19…

Eni to Cut Capex by 25% to Cushion Covid-19 Impact

Mar 27, 2020

Italian energy group Eni will cut its capital spending by a quarter this year, and more next, as it moves to mitigate the impact from falling commodity prices because of the coronavirus emergency.In a statement on Wednesday, the state-controlled…

EMGS in Survival Mode. Cuts Workers, Vessels

Mar 27, 2020

Norwegian offshore survey company has announced severe cost-cutting measures that will lead to termination of most employees and consultants and cold stacking of vessels.EMGS recently lost what was expected to be a long-term contract with Pemex in Mexico…

Equinor Resumes Martin Linge Work, after Coronavirus-linked Halt

Mar 27, 2020

Norway's Equinor has restarted work at its Martin Linge development in the North Sea following a haltafter an offshore worker tested positive for coronavirus, the company said on Thursday.'We are gradually stepping up activities again. We have cleaned and disinfected facilities…

Woodside Halves Spending Plans. Delays Scarborough, Browse FIDs

Mar 27, 2020

Woodside Petroleum halved its forecast spending for 2020 and deferred go-ahead decisions for its two biggest gas projects to ride out the pain of the coronavirus pandemic and plunging oil prices.Australia's top independent gas producer said…

Belov's New DSVs Commissioned

Mar 26, 2020

Two new dive support vessels (DSV) operated by Belov Engenharia Ltda. have completed class commissioning and are currently performing client acceptance testing for Petrobras.Built at Belov's own fabrication facility in Salvador, the newbuilds…

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