Latest News - page 1141

 

Equinor Hires Fugro for Deepwater Survey Work off Canada

Apr 28, 2021

Equinor has selected Fugro to perform a deepwater site investigation in Canada’s Flemish Pass, 500 kilometers off the coast of St John’s, Newfoundland and Labrador, in approximately 1200-meter water depths.The field campaign will run from July until August and entails a seabed survey…

Aramco Awards Lamprell EPCI Contract

Apr 28, 2021

UAE-based offshore construction company Lamprell said on Wednesday it has been awarded an engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco.Scheduled for completion in 2022, the scope of work includes…

University of Aberdeen, Total, Launch Energy Transition Scholarships

Apr 28, 2021

Energy company Total is funding £46,400 in scholarships for Masters programs at the University of Aberdeen related to the energy transition.The scholarships—which begin in September this year and include one each across the University’s MSc…

Dogger Bank – Who's Who in the World's Largest Offshore Wind Project

Apr 28, 2021

Dogger Bank is not simply an offshore windfarm project, it is THE offshore windfarm project. Dogger Bank is an offshore wind farm site in the UK North Sea that will, once fully built, be the world's largest and most innovative. Here Offshore…

Sinopec Reports $2.9 Billion Q1 Net Profit

Apr 28, 2021

China Petroleum & Chemical Corp swung to a first-quarter profit from a loss a year earlier, with net income reaching 18.54 billion yuan ($2.86 billion), amid a recovery in global oil prices and robust demand for refined oil products.Asia's top oil refiner…

Hess Corp Swings to Quarterly Profit

Apr 28, 2021

U.S. oil producer Hess Corp on Wednesday swung to a profit in the first quarter despite lower production, as a winter storm boosted demand for natural gas, while steady COVID-19 vaccine rollouts aided a recovery in oil prices.Global crude prices…

Innovative Tidal Power Project Proceeds in the Scottish Sea

Apr 28, 2021

SKF is participating in a tidal power project off the Orkney Islands.Orbital Marine Power, Scottish-based developers of the world’s leading floating tidal turbine technology, has now launched its first commercial 2MW unit, the Orbital O2, which…

CGG Delivers Data from Agata Reimaging for Brazil Project

Apr 28, 2021

CGG delivered the fast-track data from its Agata Reimaging program over the Agata block in the Santos Basin, a highly prolific area of Brazil’s offshore pre-salt. The ultramodern reimaged seismic data set covering over 9,300 sq km will provide…

MENCK, Van Oord Partner on Installation of Italy’s First Offshore Wind Farm

Apr 28, 2021

MENCK has signed a contract with Dutch marine contractor Van Oord to deliver the hammer spread for the installation of the Taranto offshore wind farm, Italy’s first. The installation of 10 monopiles, each supporting a 3-MW turbine, will begin…

Aker BP Q1 Swings to Record Operating Profit

Apr 28, 2021

Norway's Aker BP posted record first-quarter operating profit and revenue on higher prices and production on Wednesday as the independent oil and gas producer looks to approve several developments this year.Earnings before interests and tax…

Saipem Warns on Outlook After Mozambique Uncertainty

Apr 28, 2021

Italian energy service group Saipem said it was unable to update its outlook for the year due to uncertainty over a project in Mozambique as it missed first-quarter expectations.Earlier this week French energy group Total declared force majeure…

Market Signals Fast Rebound in Floating Production Orders

Apr 28, 2021

The deepwater market is rapidly returning to pre-COVID-19 activity levels, and the recovery appears to be gaining strength, according to a recent in-depth analysis completed by International Maritime Associates (IMA) and World Energy Reports (WER)…

Petrobras Q1 Production Buoyed by Atapu

Apr 27, 2021

Brazil's Petrobras produced 2.196 million barrels of oil a day in the first quarter, the state-run company said on Tuesday, an increase from the fourth quarter, but a decline in yearly terms.Petroleo Brasileiro SA, as the company is formally known…

Responders Working to Salvage Capsized Lift Boat Seacor Power

Apr 27, 2021

The U.S. Coast Guard is working with the Seacor Power's owner to salvage the lift boat that capsized earlier this month in the Gulf of Mexico.A unified command including representatives from the Coast Guard and Houston-based Seacor Marine engaged in-person for the salvage and wreck removal…

Ørsted Names Ortiz Head of Market Affairs for New England

Apr 27, 2021

Offshore wind developer Ørsted has appointed David Ortiz as head of market affairs for New England, responsible for leading the development of the company’s overall market strategy and overseeing its execution across the region.Ortiz joins Ørsted…

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