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Greater Castberg Survey Wraps Up

Oct 16, 2019

Marine geoscience companies CGG and TGS announced they have completed a 5,000 square kilometers multi-client 3D survey in the highly prospective Greater Castberg area in the Barents Sea offshore Norway.The survey commenced in the second quarter…

Wood Names Cox as Americas CEO

Oct 16, 2019

Energy services company Wood said Stephanie Cox  will take over as CEO of its Americas business, succeeding Andrew Stewart who has been appointed executive president of strategy and development for the global business.Responsible for the firm’s…

Another Near Miss on the Terra Nova FPSO

Oct 16, 2019

Suncor Energy reported its third near miss in less than a year on board the Terra Nova floating production, storage and offloading unit (FPSO) stationed approximately 350 kilometers offshore Newfoundland and Labrador, Canadian authorities said…

Record US GoM Production Expected to Continue

Oct 16, 2019

Crude oil production in the US Gulf of Mexico will continue to set records through 2020, the US Energy Information Administration (EIA) expects.The EIA said it anticipates average annual crude oil production in the US Federal Gulf of Mexico (GoM) in 2019 and in 2020 will top the 1…

MODEC, Yinson Win FPSO Charters from Petrobras

Oct 16, 2019

Brazilian state-run oil company Petróleo Brasileiro S.A. (Petrobras) has signed letters of intent with Japan’s MODEC and Malaysia’s Yinson for charter contracts for two floating production, storage and offloading units (FPSO) for the Marlim field offshore Brazil…

OSV Owners Waiting for Better Days in Brazil

Oct 16, 2019

With the resumption of oil and gas block tenders in Brazil, including highly valued pre-salt tenders, offshore support vessel (OSV) owners are expecting to get any vessels that are lying by without a contract to soon rejoin the market. However…

Deutsche Windtechnik Bags Borkum West Deal

Oct 15, 2019

Deutsche Windtechnik,  a specialist in the maintenance and repair of wind turbines, has secured a turbine maintenance contract from Trianel for a 200MW offshore wind farm in the German North Sea.The deal covers the Borkum West 2.2 project, with…

China Hosts Deep-Sea Exploration Contractors Meet

Oct 15, 2019

The third annual meeting between the International Seabed Authority (ISA) Secretariat and the contractors with deep-sea exploration contracts in the international deep-seabed (the Area) concluded in Changsa, China on Sunday.Delegates gathered…

Dominion Gets BOEM Nod Virginia OWF

Oct 15, 2019

American power and energy company  Dominion Energy has received two key determinations from the federal Bureau of Ocean Energy Management (BOEM) regarding the design, fabrication and installation of the Coastal Virginia Offshore Wind (CVOW) project…

PGNiG Makes Shrek Discovery

Oct 15, 2019

PGNiG announced it has made a discovery in the Shrek prospect in the Norwegian Sea, about 210 kilometers northwest of Brønnøysund.Based to preliminary estimates, recoverable resources range between 19 million and 38 million barrels of oil equivalent (boe)…

LLOG Orders 20k Trees for Shenandoah

Oct 15, 2019

US-based LLOG has ordered subsea trees designed for pressures up to 20,000 pounds per square inch (psi) for its deepwater Shenandoah development in the US Gulf of Mexico.The subsea trees, ordered from TechnipFMC on Tuesday, mark the first material…

Brazil Passes Bill Dividing TOR Proceeds

Oct 15, 2019

Brazil's Senate unanimously approved the main text of a bill on Tuesday night that clears the way for what may be a record-setting offshore oil rights auction in the Latin American oil powerhouse.The bill regulates how proceeds from the blockbuster 'transfer of rights' oil auction scheduled for Nov…

Veolia to Equip Liza Unity FPSO

Oct 15, 2019

Veolia Water Technologies said its VWS Westgarth subsidiary has been awarded a multimillion dollar contract by SBM Offshore for the supply of a seawater treatment package for the Liza Unity floating production, storage and offloading unit (FPSO)…

TÜV SÜD NEL Opens Advanced Multiphase Facility

Oct 15, 2019

Flow measurement research and development (R&D) specialist TÜV SÜD National Engineering Laboratory announced it has opened a £16 million ($20.5 million) Advanced Multiphase Facility (AMF), which aims to help global oil and gas operators to ensure production remains economically viable…

Can Liability Really Be Perpetual?

Oct 15, 2019

How to manage the legacy left by industrial development can be riddled with uncertainty and be enduring in nature. Perhaps understandably, the development of the UK’s offshore hydrocarbon reserves prioritized production considerations over those…

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