Latest News - page 1478

 

QP Charters Northern Offshore Jack-Up Rig

Jan 28, 2020

Qatar Petroleum has chartered the Energy Embracer jack-up drilling rig from Northern Offshore.The Energy Embracer was delivered from the Shanghai Waigaoqiao Shipyard in China to Northern Offshore in December 2018 and has since been warm stacked…

Shearwater Scores More Seismic Work in India

Jan 28, 2020

Norwegian seismic contractor Shearwater GeoServices has secured back-to-back 3D survey work offshore India.Under the contract, awarded by Reliance, Shearwater will carry a 3D broadband marine seismic acquisition project in the Bay of Bengal…

Belgium Launches Offshore Wind to Hydrogen Project

Jan 27, 2020

Belgium's Port of Oostende, the engineering services provider DEME Concessions NV and Belgium-based investment management company PMV have launched a project to establish a plant in the Oostende port that produces green hydrogen from the electricity produced at Belgium’s offshore wind farms…

TenneT Signs 5yr Contract with LR

Jan 27, 2020

The maritime classification society Lloyd's Register Group Limited (LR) has secured a significant contract win with the European electricity transmission system operator TenneT.The five-year contract covers inspection and assurance services…

HST Takes Delivery of 4th FCS

Jan 27, 2020

The UK-based High Speed Transfers (HST) has taken delivery of its fourth fast crew supplier (FCS) 2710, eighteen months after receiving its first, the HST 'Hudson'.HST received HST Hudson, in June 2018, which was followed by HST Sofia in March 2019 and HST Harri in October of the same year…

Virus Might Slow Travel, But Not Oil Price

Jan 27, 2020

With three Chinese cities and about 23 million people “quarantined”, the newly formed corona virus looks set to disrupt all from the oil price to crew movement to the ability of managers to travel unobstructed — that’s if it gets that bad.Already…

Valaris' Critic Joins Board of Directors

Jan 27, 2020

Offshore drilling company Valaris has agreed to appoint Adam Weitzman to its Board. Weitzman is a partner at hedge fund Luminus which owns 18.7% of the outstanding shares of Valaris.Weitzman, as part of Luminus, has over the past year criticized Valaris (formerly known as EnscoRowan)…

SeaBird Clinches Two OBN Surveys in W. Africa

Jan 27, 2020

Norwegian marine seismic acquisition company SeaBird Exploration has received a letter of award for the provision of source vessel services.The letter of award follows SeaBirds November 2019 announcement when the company said it had received…

Eni Charters Vroon PSV for Long-Term P&A Work in UK

Jan 27, 2020

Dutch offshore vessel owner Vroon Offshore Services has recently secured a charter deal with Eni for its platform supply vessel VOS Prelude.Vroon on Monday said the charter was with Eni's UK subsidiary Eni UK Limited. Under the contract, the…

U.S. Offshore Rig Count Bumped Up

Jan 27, 2020

The U.S. weekly offshore rig count rose by one unit last week, Baker Hughes' weekly rig count report released on Friday showed.According to the report, there were 21 offshore drilling rigs active in the U.S. during the week, up from 20 during the previous week…

Damen Unveils New OSV Design

Jan 27, 2020

Dutch shipbuilding conglomerate Damen has developed a new concept vessel, the Offshore Support Vessel (OSV) 9020, featuring a stable platform with lots of accommodation, good station-keeping capability, low carbon emissions and flexibility to add mission-specific tools…

ExxonMobil Gives Boost to Guyana Oil Reserves. Makes Another Discovery

Jan 27, 2020

ExxonMobil has struck another oil discovery offshore Guyana and has raised its estimate for recoverable resource base in Guyana to more than 8 billion barrels of oil equivalent. This is a 2 billion barrel increase compared to the previous estimate…

Offshore Helicopter Firms NHV, TAL in Nigerian Team-Up

Jan 27, 2020

Belgium-based offshore helicopter provider NHV Group has partnered up with Tropical Arctic Logistics Ltd (TAL), a Nigerian subsidiary of Baywood Integrated Group, specialized in logistics and flight services.The partnership will jointly pursue…

Cyprus Blocking Russia Sanctions Amid Turkey Offshore Drilling Spat

Jan 27, 2020

Cyprus is blocking new European Union sanctions against several officials from Russia-annexed Crimea in a bid to secure EU backing for tougher action against Turkey in a separate row over drilling for hydrocarbons, three diplomatic sources said…

VAALCO Targets M&A for Growth

Jan 27, 2020

Africa-focused oil company VAALCO Energy has appointed William R. Thomas as president to help its M&A ambitions.VAALCO said: 'The Board believes the appointment of an experienced executive, with a commercial background in investment banking and proven track record for M&A-led value creation…

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