Latest News - page 1047

 

TGS, PGS, WesternGeco in 6,400 sq km Seismic Survey Offshore Malaysia

Jul 22, 2021

Offshore seismic data and services trio TGS, PGS, and Schlumberger's WesternGeco, have secured pre-funding for a 6,400 square kilometer multi-client 3D survey starting in October in the Sarawak Basin, offshore Malaysia.The survey is the first…

Brazil: Equinor Hires Floatel Accommodation Rig for Peregrino Maintenance

Jul 22, 2021

Norwegian energy giant Equinor has chartered Floatel International's offshore accommodation rig Floatel Victory.Equinor will use the semi-submersible flotel for maintenance and safety services alongside the Peregrino FPSO offshore Brazil.The…

Santos Sees Revenue Jump, Raises Output Forecast

Jul 22, 2021

Australia's Santos Ltd increased the lower end of its annual production outlook on Thursday and reported a 37% jump in second-quarter revenue, helped by higher prices and increased demand for natural gas.The country's second-largest independent…

U.S. and Germany Strike Nord Stream 2 Pipeline Deal

Jul 22, 2021

The United States and Germany on Wednesday unveiled an agreement on the Nord Stream 2 gas pipeline under which Berlin pledged to respond to any attempt by Russia to use energy as a weapon against Ukraine and other Central and Eastern European countries…

Offshore Seismic Duo in Carbon Capture Utilization and Storage Pact

Jul 22, 2021

Norwegian marine seismic data acquisition company PGS has signed a MoU with the French geoscience firm CGG, with a plan to combine their seismic MultiClient products and technical capabilities applied to the Carbon Capture Utilization and Storage (CCUS) industry…

Japan's Power Plan to Rattle Australian Coal, LNG exporters

Jul 22, 2021

Japan has been largely forgotten as a source of demand for energy commodities, overshadowed by the rapid rise of China, but the country's new electricity generation targets will shake the market up.For many years Japan has been viewed as a largely…

Manor to Build Offshore Wind Service Vessel for Mainprize

Jul 21, 2021

UK-based shipbuilder and marine services provider Manor Marine has won an order to build a multi-role offshore wind farm service vessel.The 26-meter Supa Swath catamaran, designed by Walker Marine Design, was ordered by Mainprize Offshore. Manor…

Baker Hughes Earnings Hit by Restructuring Charges

Jul 21, 2021

Shares of energy services firm Baker Hughes slipped on Wednesday after reporting second-quarter results that fell short of Wall Street estimates as it shifts its business to technology and services that help customers transition to a lower-carbon world…

Svitzer Nets 10-Year Deal for Towing Services at Offshore LNG Terminal in the Philippines

Jul 21, 2021

Maersk's Svitzer, a maritime towage provider, has recently signed a 10-year deal with FGEN LNG, a First Gen subsidiary, for towage and other vessel support services required by FGEN LNG’s Offshore LNG Terminal in the Philippines.The LNG Terminal…

Neptune Energy Hires Fugro for Cygnus Subsea Work

Jul 21, 2021

Dutch seabed survey services firm Fugro has won a subsea inspection contract with the oil and gas company Neptune Energy at the Cygnus gas field in the UK North Sea.As part of the contract, Fugro will employ its specialized survey technology to inspect the subsea infrastructure…

TotalEnergies, Technip Energies Team Up to Decarbonize Offshore and LNG Sectors

Jul 21, 2021

TotalEnergies, a France-based oil major with green energy aspirations, is partnering up with energy services giant Technip Energies to develop low-carbon solutions for LNG production and offshore facilities.As part of the partner-up, which the duo says is set up to accelerate the energy transition…

Japan's JFE to Invest $363,3M in New Offshore Wind Monopile Plants

Jul 21, 2021

Japan's JFE Engineering Corporation is set to build a factory for the construction of monopile foundations and transition pieces for the offshore wind industry. The company also has plans to build jacket-type foundations in the future.'The monopile…

Norway's June Oil Output Below Expectations

Jul 21, 2021

Norway's oil production lagged official expectations in June, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday.NPD cited technical problems and maintenance outages as reasons for the lower-than-expected production…

Iberdrola Plans Offshore Wind Spinoff

Jul 21, 2021

Iberdrola is looking to new markets to help fuel growth and could even consider spinning off its offshore wind business to raise funds, the global wind power group said on Wednesday.In first-half results, Europe's biggest wind power group said…

Woodside Sees Shares Slide on News It Is Eyeing BHP Oil & Gas Assets

Jul 21, 2021

Shares in Woodside Petroleum fell on Wednesday after an unsourced media report said Australia's top independent gas producer was in talks to buy some or all of BHP Group's oil and gas assets, analysts and an investor said.Woodside shares ended down 2 cents in a broader market that rose 0…

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