Latest News - page 1022

 

Brazil's Enauta in Exclusive Talks with Yinson for "New" Atlanta Field FPSO

Aug 26, 2021

Brazilian oil company Enauta said Thursday it has signed a Memorandum of Understanding (MoU) with Malaysia's FPSO specialist Yinson for direct and exclusive negotiation of FPSO supply contracts for the 'Definitive System' of the Atlanta field in the Santos Basin…

PSA Norway Issues Order to Dolphin Drilling after Regulatory Breaches Found on Rig

Aug 26, 2021

The Norwegian offshore oil and gas safety body Petroleum Safety Authority Norway has identified breaches of regulations aboard Dolphin Drilling's Borgland Dolphin drilling rig and has issued the rig owner with a notification of order.The PSA…

Transocean Wins Firm Contract for 8th Gen Ultra-deepwater Drillship

Aug 26, 2021

Deepwater drilling contractor Transocean has secured a $252 million firm contract at the Shenandoah field in the U.S. Gulf of Mexico for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee of $30 million…

Odfjell Drilling Swings to 2Q Profit. Backlog Increased to $2.4B

Aug 26, 2021

Norwegian harsh environment offshore drilling company Odfjell Drilling swung to profit in the second quarter of the year, with a reported net profit of $27 million, compared to a loss of $6 million in 2Q 2020.Odfjell Drilling's operating revenue grew to $233 million…

Denmark, Costa Rica Call Countries to Set Oil Output Phaseout Date

Aug 26, 2021

Denmark and Costa Rica are trying to forge an alliance of countries willing to fix a date to phase out oil and gas production and to stop giving permits for new exploration, government ministers said and documents showed.Burning fossil fuels…

Digitalization, Remote Monitoring Makes Offshore Drilling Rigs More Vulnerable to Cyber Attacks

Aug 26, 2021

Digitalization and remote monitoring have in the past years been hailed as the next big thing in the offshore oil and gas industry. However, these advancements have made offshore drilling rigs more vulnerable to cyber-attacks, potentially resulting in serious process safety incidents…

Indonesia Seizes Tanker Loaded with 'Stolen' Cambodian Crude

Aug 26, 2021

Indonesia's navy is preparing to charge the captain of a ship accused of loading oil illegally in Cambodia and anchoring in Indonesian waters without permission, according to local authorities and the vessel owner.Bahamas-flagged tanker MT Strovolos…

Gabon: VAALCO to Replace Etame Field FPSO with FSO to Lower Cost

Aug 26, 2021

Africa-focused oil firm VAALCO Energy has signed a binding letter of intent with World Carrier Offshore Services Corp. for the provision and operation of a Floating Storage and Offloading (“FSO”) unit at VAALCO’s Etame Marin field offshore Gabon…

Sapura Energy Bags FEED for Santos' Dorado Offshore Platform

Aug 26, 2021

Malaysia's Sapura Energy has won the FEED contract for the design, construction, and installation of the Wellhead Platform (WHP) for Dorado offshore development in Western Australia.The WHP will be an unmanned installation, located in 90 meters water over the Dorado oil and gas field…

DEME Offshore's Jack-Up to Get Huisman Crane for Giant Next-gen Wind Turbines

Aug 26, 2021

Belgian offshore installation contractor DEME Offshore is set to upgrade the crane capacity on its DP2 jack-up installation vessel ‘Sea Installer’ from 900 tonnes to 1,600 tonnes. The crane, to be built by the Dutch crane manufacturer Huisman…

Gas Leak May Have Caused Offshore Platform Fire, Pemex CEO Says

Aug 26, 2021

A deadly weekend fire at an offshore platform in the southern Gulf of Mexico operated by Mexican state oil firm Petroleos Mexicanos (Pemex) could have been caused by a gas leak, Pemex's chief executive said on Wednesday.Five workers were killed…

BW Energy Finds Oil Offshore Gabon

Aug 25, 2021

Oil and gas firm BW Energy has made an oil find in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block, offshore Gabon, but the size estimate will have to wait until the drilling has been completed.The well is located approximately…

Enauta: Atlanta Field Resumes Full Production as Repairs Complete. New Well Planned for 2022

Aug 25, 2021

Brazilian oil firm Enauta said Wednesday that its Atlanta field in the Santos Basin, offshore Brazil, had resumed full production following a recent pumping system failure.Enauta said Wednesday that all the wells tied to the early production…

Talos Energy, Carbonvert JV Wins Rights to Manage Carbon Storage Site Offshore Texas

Aug 25, 2021

U.S. oil and gas company Talos Energy, focused on oil and gas assets in the Gulf of Mexico, said Wednesday it was, with its partner Carbonvert, the sole winning bidder for the Texas General Land Office's ('GLO') Jefferson County, Texas carbon storage site located near Beaumont and Port Arthur…

PXGEO Secures North Sea OBN Survey Deal

Aug 25, 2021

Offshore seismic services firm PXGEO said Wednesday it had secured an Ocean Bottom Node marine seismic acquisition contract.The project, in the North Sea, is expected to start in the second quarter of 2022.In a brief statement released Wednesday…

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